News Brief

MinnesotaMultifamily

Minneapolis’ Timberland Partners acquires three apartment communities

Minneapolis-based Timberland Partners Investments acquired three new apartment properties through its newly created Timberland Partners Apartment Fund VII. TPAF VII will raise $100 million to…

MissouriIndustrial

Newmark Grubb Zimmer closes seven-building disposition in Kansas City

Newmark Grubb Zimmer closed the successful disposition of a seven-building industrial and flex portfolio near Front Street in Kansas City, Missouri's Executive Park.

OhioIndustrial

NAI Hiffman brokers $16 million sale of manufacturing plant in Cincinnati

NAI Hiffman brokered the $16.65 million sale of 8200 Broadwell Road, a 479,598-square-foot aerosol can manufacturing facility in Cincinnati. NAI Hiffman's Capital Markets Group Executive…

MinnesotaHospitality

My Place hotel expands to Minneapolis region

Following its fifth year in franchising, My Place Hotels are officially in half of the United States with its newest hotel opening in Minnesota this…

Brown Commercial Group brokers trio of transactions in Chicago suburbs

Brown Commercial Group negotiated two leases and one sale for a cumulative 32,733 square feet in Chicago's western and northwestern suburbs. Each transaction involved an…

Kudan Group brokers sale of 77,000-SF industrial building in West Humboldt Park

Kudan Group president, Jarrett Fradin, and broker associate, Georg Simos, facilitated the sale of an industrial property located at 4430-44 W. Haddon Avenue in Chicago's…

Cushman & Wakefield to acquire Pinnacle Property Management Services

Cushman & Wakefield has entered into a definitive agreement to acquire Pinnacle Property Management Services, LLC, the third-largest multifamily property management firm in the U.S.…

Greenstone brokers 1031 exchange of retail center in Galesburg, IL

Greenstone Partners successfully sold a Goodwill-anchored retail center, located in Galesburg, Illinois, to a California-based investor. The multi-tenant shopping center is comprised of 17,800 square…

Fully leased, multi-tenant industrial building trades hands in Bensenville

Venture One Real Estate—through its acquisition fund, VK Industrial V, LP, a partnership between Venture One and Kovitz Investment Group—has closed on the acquisition of…

Newmark Knight Frank industrial team completes five transactions in Illinois

Newmark Knight Frank (NKF) announced that senior managing director Elise Couston, SIOR and associate Jimena Sayavedra have completed three industrial lease transactions and two acquisitions…