Midwest
Historic Detroit Hotel Receives $77M Refi
Built in 1924, the property underwent a major renovation in 2008, following a 20-year vacancy.
Graycor Names President, COO
David Wing joined the company in 1991 and has, since then, held several positions including vice president and senior vice president.
Transwestern Sells Newly Built Warehouse
The facility in Franklin Park, Ill., was completed in December 2018 and benefits from Cook County’s 6b tax incentive.
Bottleworks District Project Lands $59M Construction Loan
The $260 million project will include a hotel, retail and office space, apartment units and condos.
Akara Partners Lands $57M Refi for Chicago Hotel
The company will use the proceeds to refinance the construction loan on the extended-stay Home2Suites by Hilton downtown property.
Bradley Co. Hires SVP in the Midwest
Bert Hehman will focus on the company’s development and recruiting efforts within Cincinnati and Louisville.
Plymouth Industrial Buys 403 KSF Ohio Warehouse
Stan Johnson Co. Director Rob Gemerchak and Managing Director Jeff Hughes worked on behalf of the seller. American Plastics occupies the entire facility.
Direct Retail Partners Acquires Shopping Center in Columbus Suburb
JLL secured a three-year, floating-rate loan with Bayview Asset Management on behalf of the buyer.
US Foods Renews Lease at Suburban Chicago Office Campus
Adventus Realty owns three of the business park’s buildings, which are currently undergoing renovations.
Transwestern Arranges Michigan Office Lease
Bill Harvey, Chuck Howard and Neil Leising represented landlord FD Stonewater in the deal.