Regions

Krusinski Construction Begins Work on 113 KSF Facility in IL

School Health Corp. will occupy the entire building, which will include 24,700 square feet of office space. The company will relocate from Hanover Park to Rolling Meadows.

Embassy Suites Hotel in Schaumburg, Ill.

HREC Brokers IL Embassy Suites Sale

A joint venture between Hotel Capital and ORIX Real Estate Americas purchased the 209-key, recently renovated asset in an off-market transaction.

1230 E. Diehl Road in Naperville, Ill.

Real Capital Solutions Buys Chicago-Area Corporate Center

A team of HFF brokers closed the office transaction on behalf of the seller, a joint venture between TriGate Capital and Pearlmark.

Suburban Seattle Industrial Park Commands $13M

Colliers brokered the sale of the two-building Olympic Industrial Park in SeaTac, Wash., that changed hands in a 1031 exchange transaction.

Kidder Mathews Appoints New VP

Brad Van Blois, who is joining the San Francisco office, adds nearly 20 years of local commercial real estate experience to the firm’s roster.

Adam Stoltz

An Integrative Approach to Workplace Strategy

In an exclusive podcast interview with CPE, Adam Stoltz, managing director of workplace experience & strategy for Transwestern, provides a blueprint for developing a data-driven plan that addresses the changing nature of work.

FirstService Residential Tapped to Manage NJ Portfolio

Alfred Sanzari Enterprises’ seven multifamily assets in Bergen and Middlesex counties include more than 500 units, which are nearly 100 percent leased.

Coachella Hotel Receives $8M Funding

The financing represents 15 percent of the total $51 million development cost for IHG-Hotel Indigo. Pace Equity secured the loan in partnership with Renew Financial.

MCR Acquires Cincinnati Hilton Garden Inn

The firm will also manage the 88-key Hilton Garden Inn Cincinnati Northeast, which features a fully equipped fitness center, a 24-hour business center and an indoor pool.

Simone Development Snags CT Warehouse/Office Asset

The 118,500-square-foot property at 316 Courtland Ave. currently has 65,638 square feet of warehouse and R&D, as well as 12,768 square feet of office space available for lease.