Midwest
CIM Group to Pay $240M for Chicago Tribune Tower
The sale of the iconic Michigan Avenue office building is expected to close in the third quarter.
Cleveland’s Historic Standard Building Ready for Makeover
BGL Real Estate Advisors secured $81 million for Weston’s conversion of the downtown landmark.
Monmouth Makes $32M KC Metro Buy
The Olathe, Kan., distribution center was fully leased at the time of sale.
Spectrum Retirement Communities Opens New Care Center
Hilliard Assisted Living & Memory Care is now receiving senior residents in the Columbus area, Ohio.
Youth Tennis Facility Breaks Ground in Windy City
The $16.9 million investment will benefit students enrolled in XS Tennis’ program for Chicago’s public school youth.
Duck Donuts to Open First Ohio Location
The donut franchise will create up to 40 new jobs in Westerville.
Midwest Office Portfolio Commands $417M
The acquisition is the largest in Hertz Investment Group’s history.
Riverside Park Expansion Kick-Starts Ahead of Schedule
The demolition of the Detroit News Warehouse is now underway, clearing the way for the new 27-acre park.
Suburban Chicago Office Portfolio Trades for $62M
The three Class A properties are located within a 1 million-square-foot campus in Deerfield, Ill.
Premier Indy Office Campus Fetches $163M
A joint venture between Rubenstein Partners and Strategic Capital Partners acquired the asset from Duke Realty Corp.