Midwest

Milwaukee Business Journal The Couture, a 322-unit apartment building with 42,000 square feet of ground-floor retail will begin construction in January after the U.S. Department of Housing and Urban Development approved a guarantee to back a $103.5 million loan for...

REBusiness Online Hillwood Development Co. has acquired the 879,040-square-foot Bailly Ridge 4 warehouse in Monee, Ill., about 38 miles south of Chicago, for $50.3 million, or $57.22/sf. The Dallas developer bought the industrial property, at 25810 South Ridgeland Ave., from...

Detroit Business Journal Local developers Queen Lillian Development and The Platform have started construction on a $60 million apartment and retail project in Detroit. The five-story building, dubbed Woodward West, is being built at 3439 Woodward Ave. and will consist...

St. Louis Business Journal Opus Group has proposed building a 146-unit apartment project at 1014 Spruce St. in St. Louis. The proposed property would be built two blocks from Busch Stadium, home of the St. Louis Cardinals professional baseball team....

Detroit Free Press The 108-room Roberts Riverwalk Hotel in Detroit has come to market with an asking price of $26 million, or $240,740/room. The property, at 1000 River Place Drive, was built in 1902 and underwent $5 million of renovations...

St. Louis Business Journal AMJ Investment Group plans to redevelop 10 blocks in St. Louis' O'Fallon Park into a mixed-use project. The first phase of the project, City District, would include a $56 million plan to develop retail space, including...

Kansas City Business Journal Capital Management Inc. is starting work on a two-hotel development in Kansas City, Mo. The Overland Park, Kan., developer will build a nine-story Tribute Portfolio hotel with 175 rooms and seven story Aloft Hotel with 121...

Crain's Chicago Business Ryan Cos. has placed the 121,117-square-foot Rosemont Corporate Center office building in Rosemont, Ill., near Chicago's O'Hare International Airport, on the sales block. Cushman & Wakefield has the listing for the four-story building, at 9501 Technology Blvd.,...

Columbus Business Journal Exeter Property Group has bought the 262,400-square-foot warehouse at 870 Claycraft Road in the Columbus, Ohio, suburb of Gahanna, Ohio, for $20 million or $76.22/sf. Eric Shea of NKF brokered the sale between Exeter, of Conshohocken, Pa.,...

Crain's Chicago Business American Landmark Properties is offering for sale 4901 Searle Parkway, a 178,246-square-foot office building in the Chicago suburb of Skokie, Ill. JLL Capital Markets has the listing for the four-story property, which is expected to sell for...