DB Capital Pays $24.55Mln for Denver-Area Apartments
June 28, 2022
100-Unit Apartment Project Planned for Austin, Texas
June 28, 2022
Midwest
Trading Firm Renews, Expands Office Lease at Chicago’s Willis Tower
Crain's Chicago Business IMC has renewed and expanded its lease at Willis Tower, a 3.9 million-square-foot office property in Chicago. The Dutch trading firm will now occupy 160,000 sf, up from 110,000 sf, for an additional 10 years. JLL represented...
VanTrust Breaks Ground on 2 Industrial Properties Near Indianapolis
VanTrust Real Estate has broken ground on two industrial properties with a combined 2.53 million square feet in Avon, Ind., and Mount Comfort, Ind. Avon Landings Commerce Park will have three buildings with 731,240 sf at 2516 Ronald Reagan Parkway...
Plymouth Industrial REIT Secures 109,075-SF Lease in Avon, Ohio
RiverCap Ventures has agreed to fully lease the 109,075-square-foot industrial property at 1350 Moore Road in Avon, Ohio, about 20 miles west of Cleveland. The property's owner, Plymouth Industrial REIT of Boston, was represented in the lease by Newmark. The...
Leasehold Interest in Chicago’s 300 West Adams Office Building for Sale
Crain's Chicago Business LNR Partners is offering for sale the leasehold interest in 300 West Adams St., a 254,000-square-foot office building in downtown Chicago. JLL has the listing. The 12-story property serves as collateral for a $21.1 million loan that's...
660,280-SF Industrial Property Planned for Romeoville, Ill.
Patch.com Bridge Industrial is planning to develop Bridge Point Romeoville, a two-building industrial property with a combined 660,280 square feet in Romeoville, Ill. The Chicago developer is building the property at the southeast corner of Southcreek Parkway and Airport Road,...
Packaging Company Leases 138,328 SF at Indianapolis-Area Industrial Property
REJournals.com Pelican BioThermal has agreed to lease 138,328 square feet at Gateway Industrial VI, a 278,146-sf property in Plainfield, Ind. The packaging company and the owner of the property, HSA Commercial, were represented by CBRE. Pelican BioThermal, which occupies 50,000...
1,200-Unit Apartment Property Planned for Pontiac, Mich.
REJournals.com SK Investments Group is planning to build the Shores at Crystal Lake, a 1,200-unit apartment property in Pontiac, Mich. The Sunrise, Fla., developer is building the property on a 34-acre site that's just south of Gillespie Avenue, about 30...
790,000-SF Industrial Property Planned Near Minneapolis
Minneapolis/St. Paul Business Journal United Properties is planning to develop three industrial buildings with a combined 790,000 square feet in Lakeville, Minn., about 26 miles south of Minneapolis. The project, which is being built on a 65-acre development site between...
Louisville, Ky., Apartment Property Fetches $52.7Mln
Louisville Business First An affiliate of Starwood Capital Group has paid $52.7 million, or $193,750/unit, for the 272-unit Glenmary Village Apartments in Louisville, Ky. The Miami investment manager purchased the property from MA Glenmary Village and Louisville LLC, which had...
Minneapolis-Area Retail Center Sells for $69Mln
Minneapolis/St. Paul Business Journal Phillips Edison & Co. has paid $69 million, or $347.23/sf, for Centennial Lakes Plaza, a 198,717-square-foot retail center in Edina, Minn. The Cincinnati REIT purchased the property from a limited liability company that shares an address...
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