Midwest Regional Digest (3/20/02): 2 Milwaukee Buildings Fetch $20Mln

REBusiness Online Bridge Industrial will break ground later this month on a pair of industrial buildings totaling 12 million square feet at 9301 West 55th St in McCook, Ill, about 15 miles west of Chicago One of the property’s buildings will...

REJournalscom TWG has broken ground on Annex on the Square, a 224-unit apartment property at 501 4th Ave SE in downtown Cedar Rapids, Iowa The property will have studio, one- and two-bedroom units, 202 of which will be reserved for residents making...

REJournalscom R&R Realty Group will break ground soon on R&R Commerce Park South, a six-building industrial property that will total 13 million square feet in Omaha, Neb The Des Moines, Iowa, company is building the property at the southeast...

Crain’s Chicago Business KBS Growth & Income REIT Inc is planning to bring to the sales market a pair of nearby office properties totaling 173,405 square feet in Chicago The Newport Beach, Calif, REIT wants to sell the properties as part...

Multi-Housing News A venture of John Buck Co and Free Market Ventures has broken ground on Platform 4611, a 200-unit apartment property in Chicago The property, at 4611 North Broadway, will have studio, one-, two- and three-bedrooms units with...

St Louis Business Journal Harrison Street Real Estate has paid $92 million, or $60594/sf, for EDGE@BRDG, a 151,829-square-foot life-science property in St Louis The Chicago investment and management firm purchased the property from its developer,...

Dayton Business Journal Kendall Property Group is planning to build the Innovation Way Apartments, with 319 units in Middletown, Ohio The Indianapolis developer is planning the property for the intersection of Union Road and Innovation Drive, about...

Crain’s Chicago Business A venture led by Gerald Nudo, the vice president of Marc Realty, has paid $2376 million, or $110,000/room, for the 216-room Hotel Aubrey in Chicago The property was sold by an investment group that includes Lowe...

Crain’s Chicago Business Novak Construction has paid $293 million, or $21704/sf, for Webster Place, a 135,000-square-foot retail center in Chicago The local developer purchased the property from RPT Realty, which had acquired it in 2017 for...

Chicago YIMBY A venture of Sterling Bay Co and Ascentris is breaking ground soon on 160 N Morgan, a 282-unit apartment property in Chicago The 29-story property, at 160 North Morgan St, will have studio, one-, two- and three-bedroom units, 28 of...