Minneapolis/St Paul Business Journal Davis has paid $45 million, or $41712/sf, for three medical-office properties that total 107,883 square feet in CityPlace, a 100-acre mixed-use development in Woodbury, Minn The seller was not disclosed The...
Minneapolis/St Paul Business Journal A venture of Doran Cos and Perkins Levin has broken ground on Second and Lowry, a 209-unit apartment property in Minneapolis The property’s development site is at the corner of NE Lowry Avenue and NE Second...
Chicago's central business district last year suffered 25 million square feet of negative absorption, or the vacancy of previously occupied space That's a record for the city, according to MB Real Estate, and compares to the 14 million sf of...
Baltimore Business Journal CareFirst has agreed to extend its lease for 215,000 square feet of office space at Canton Tower, a 481,000-sf office property in Baltimore The health insurance company will continue to occupy seven floors of the property,...
REBusiness Online Chicagoland Quad Cities Express has agreed to lease an additional 89,000 square feet at 3-9 Timber Court, a 320,722-sf industrial property in Bolingbrook, Ill The transportation and warehousing company had already leased 90,000 sf...
Commercial Property Executive Raytheon Intelligence & Space has agreed to fully lease Lakefront 6, an 86,956-square-foot office property in Indianapolis The aerospace and defense company will lease its space for seven years at 3939 Priority Way...
The country's Sunbelt region saw outsized increases in multifamily rents last year, driven by inmigration Developers simply couldn't keep up with demand in the area Investors, meanwhile, have driven property valuations skyward Demand is expected to...
Minneapolis/St Paul Business Journal A venture of Greco and Eagle Ridge Partners is planning to build Blue Stem North, a 425-unit apartment project in Eden Prairie, Minn The property will be built on a 15-acre site at 6901 Flying Cloud Drive, about...
Kansas City Business Journal Sentinel Net Lease has paid $226 million, or $19392/sf, for One Renner Ridge, a 116,540-square-foot office property in Lenexa, Kan, about 17 miles south of Kansas City, Kan The Los Angeles investment firm purchased the...
REJournalscom Ridgeline Property Group is planning to build I-80 Logistics Park, a five-building industrial property totaling 7 million square feet in Minooka, Ill The Atlanta development and investment company will build the property on a 416-acre...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
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