News Brief

Mid-States buys former Toys R Us distribution center in Lee’s Summit

Mid-States Distributing, LLC has purchased the 725,769-square-foot former Toys R Us Kansas City distribution center at 420 SE Thompson Drive in Lee's Summit, Missouri.

Quantum closes $1.2 million retail sale in Northwest Indiana

Quantum Real Estate Advisors has brokered the sale of a multi-tenant retail building at 5878-5991 Central St. in Portage, Indiana. The property sold for $1.235…

Kraus-Anderson donates $50,000 to Minnesota organizations

The Kraus-Anderson Community Foundation on Nov. 12 presented $50,000 to two beneficiaries of the 2018 Kraus-Anderson Bike Duluth Festival, whose profits support community organizations that…

Market, wellness cafe coming to City Club Apartments CBD Cincinnati

City Club Apartments has executed a lease for a 10,000-square-foot European-inspired specialty market and a 1,000-square-foot wellness café on the first floor of its City…

Panattoni developing 764,895 SF spec warehouse facility in Aurora

Colliers International | Chicago's Brian Kling and Reed Adler represented Panattoni Development in the acquisition of a 53.45-acre site located on Orchard Gateway Boulevard in…

Monarch Realty Partners conducts several multifamily deals in the Chicago MSA

Monarch Realty Partners has recently completed several Chicago-area multifamily transactions totaling more than $15 million, according to Bill Baumann, managing broker and principal at the Chicago-based…

Two MedProperties Group projects named development award finalists

Two healthcare facilities developed by Northbrook, Illinois-based MedProperties Group have been named finalists in Healthcare Real Estate Insights' annual, national awards program. MedProperties Group, a…

Triton sells vintage Lakeview apartment building

Triton Realty Group recently sold a six-unit apartment building located at 1228 W. Diversey Parkway in Chicago, according to Matthew A. Fritzshall, president and managing…

Mission Capital arranges $13M loan for Sterling Organization’s Mag Mile development

Mission Capital Advisors announced that its debt and equity finance group has arranged $13 million of non-recourse, floating-rate financing on behalf of an affiliate of…

Marcus & Millichap sells apartment portfolio in Independence

Marcus & Millichap recently sold a three-property apartment portfolio in Independence, Missouri. The portfolio includes 455 units.

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