Midwest

Multi Housing News North Park Ventures has bought a 91-unit apartment building at 2730-66 Hampton Parkway in the Chicago suburb of Evanston, Ill., for $17 million, or $186,813/unit. The seller was not disclosed. Interra Realty brokered the deal. The four-story...

Chicago Tribune Facebook has announced plans to develop a data-center project in DeKalb, Ill., about 60 miles west of Chicago. The five-building project is being planned for a 505-acre development site at the southeast corner of Gurler and Peace roads,...

Crain's Chicago Business KKR & Co. Inc. has bought an Amazon fulfillment center totaling 1.5 million square feet in Kenosha, Wis., for $176 million. The New York REIT purchased the two-building industrial property, at 3501 120th Ave. and 11211 Burlington...

Crain's Chicago Business Intercontinental Real Estate has bought the 111-unit Kelmscott Park Apartments in Lake Forest, Ill., for $54 million, or $486,486/unit. The Boston investment company purchased the property, at 145 Morris Lane, from Focus, a Chicago development company that...

Milwaukee Business Journal J. Jeffers & Co. is redeveloping the 36-acre site of the former Horlick Malted Milk Co. campus in Racine, Wis., into a residential project that will cost more than $100 million to complete. The Milwaukee developer acquired...

Kansas City Business Journal Community Buildings of Kansas City is planning to invest between $80 million and $100 million into a multi-phase mixed-use project in that Missouri city. The project, which is being called the Offices at Overlook, is being...

Milwaukee Business Journal Wangard Partners Inc. has sold the 1910 on Water Apartments in Milwaukee for $11.85 million, or about $174,265/unit. FPA Multifamily of San Francisco bought the 68-unit property, at 1910 North Water St., which was built in 2012....

Kansas City Business Journal Dot's Pretzel LLC has bought a 186,197-square-foot warehouse in the Kansas City suburb of Edgerton, Kan. CBRE brokered the deal. The sales price was not disclosed. The Velva, N.D., gourmet pretzel company plans to invest $15...

Crain's Chicago Business Midland Loan Services is offering for sale a two-building office property in suburban Chicago that it had taken through a deed-in-lieu of foreclosure last August. Frontline Real Estate Partners has listing for the property, Commerce Point I...

Minneapolis/St. Paul Business Journal Persaud Properties has paid $11.4 million, or about $116.33/sf, for Oaks Tech Center IV, a 98,000-square-foot flex-office property in Oakdale, Minn. The New Brighton, Minn., company purchased the building from Capital Partners of Edina, Minn., which...