Midwest

Ramco-Gershenson Plans Expansion of Newly Acquired Colorado Shopping Center

Ramco-Gershenson Properties Trust is planning to add about 100,000 square feet of retail to Front Range Village, an 810,000-square-foot shopping center in Fort Collins, Colo., it acquired this week for $128.3 million.

ARC Healthcare II Grabs 12-Asset Seniors Housing Portfolio

American Realty Capital Healthcare Trust II Inc. has made one of its largest purchases since its first buy in May 2013.

Citizens Financial Leads $296M Financing for 1.2 MSF Chicago Office Project

Citizens Financial Group has paved the way for the O’Donnell Investment Co.’s $500 million development of 150 N. Riverside, a nearly 1.4 million-square-foot office high-rise in Chicago’s coveted West Loop submarket.

Thor Refinances (Again) the Palmer House Hilton in Chicago

Thor Equities has completed a $420 million refinance deal for the historic Palmer House Hilton hotel in downtown Chicago.

Inland Real Estate JV Picks Up 180KSF Princess Plaza in Indiana

Inland Real Estate Corp. and Dutch pension fund advisor PGGM add another asset to their portfolio with the acquisition of the Princess City Plaza in Mishawaka, Ind.

HSRE Sells $283M Multi-State Healthcare Portfolio

Harrison Street Real Estate Capital has sold a 12-asset multi-state healthcare portfolio for $283 million.

Lee & Associates Makes Ohio Debut with New Cleveland Office

Commercial real estate services firm Lee & Associates, taking another step in its aggressive growth strategy, has established a footprint in Ohio with the opening of a new office in Cleveland.

Kimpton Hotels Buys Historic Chicago Office, Plans $86M Conversion

Kimpton Hotels & Restaurants looked at an office building in Chicago and saw a boutique lodging destination.

TierPoint Breaks Ground on New Data Center, Its Second in OKC

TierPoint has broken ground on a new 69,000-square-foot data center in Oklahoma City.

Health Care REIT to Acquire HealthLease, Partner with Mainstreet Property

In a multi-pronged deal that could eventually reach $2.3 billion, Health Care REIT Inc. announced that it has agreed to acquire Toronto-based HealthLease Properties REIT and begin a partnership with Mainstreet Property Group.