Piermont Properties is offering for sale Q-East, a 131-unit apartment building in the Jamaica Hills section of Queens, NY The New York developer has hired RIPCO Real Estate, also of New York, to market the property, at 178-02 Hillside Ave It’s...
Meridian Pacific Ltd is offering for sale the 113,425-square-foot Puna Kai Shopping Center in Pahoa, Hawaii The Waipahu, Hawaii, developer has hired Marcus & Millichap to market the retail property for sale It’s expected to sell for $75...
CityBizcom A venture of Stonemont Financial Group and Stotan Industrial will break ground soon on DuPage Crossings, a 258,720-square-foot industrial property in West Chicago, Ill The property is being built speculatively on a 17-acre site at the...
The Detroit News Local developer Mark Bennett has broken ground on Lafayette West, a 318-unit residential property that will have condominium and apartment units in Detroit It will cost $150 million to construct The property will have 230 apartments...
Minneapolis/St Paul Business Journal Hines has proposed building a 719,000-square-foot office property at the corner of Marquette Avenue and South Ninth Street in downtown Minneapolis The 29-story property would be constructed on what is currently a...
Crain’s Chicago Business Northeast Capital has paid $190 million, or $17273/sf, for Kemper Lakes Business Center, a 11 million-square-foot office property in Lake Zurich, Ill The Spring Valley, NY, investment firm purchased the property from...
REBusiness Online A venture of Ryan Cos US Inc and Weidner Apartment Homes has broken ground on Fourth & Park, a 350-unit apartment property in downtown Minneapolis The 25-story property is being built at the intersection of South 4th Street and...
Dallas Morning News A venture of Lincoln Property Co and Blue Star Land is offering for sale a portfolio of three warehouse buildings totaling 422,000 square feet in the Dallas suburb of Frisco, Texas An asking price was not known JLL has the...
Crain’s Chicago Business Ace Hardware has agreed to lease 250,000 square feet of office space at Oak Brook Reserve, a 297,000-sf office property in Oak Brook, Ill The retailer will take its space at 2915 Jorie Blvd, which is 20 miles west of...
Chicago Business Journal Newport Capital Partners has paid $29 million, or $51786/sf, for Elston Logan Plaza, a 56,000-square-foot retail center in Chicago The local investment manager purchased the property from Novak Construction Co, which was...
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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