News Brief

Southfield’s REDICO makes promotion, new hire

REDICO, a national real estate development and investment firm headquartered in Southfield, Michigan, promoted Samantha Eckhout to Managing Director of Investments and hired Matthew Winsryg…

Lee & Associates of Michigan adds CRE advisor

Dan Flynn has joined Lee & Associates of Michigan as a Commercial Real Estate Advisor in the firm’s Industrial Division. In this role, Flynn will…

St. Louis’ S.M. Wilson & Co. adds estimator, assistant project manager

St. Louis' S. M. Wilson & Co. added Amy Anderson as Estimator and Tanya Strain-Hood as Assistant Project Manager. Amy Anderson — EstimatorAmy Anderson brings eight…

City of Cleveland officials and Pennrose celebrate opening of 236-unit apartment community in Central neighborhood

Cuyahoga Metropolitan Housing Authority (CMHA), The City of Cleveland, Pennrose, Falbo Group, LLC and project partners today celebrated the grand opening of Sankofa Village IV, completing…

Inland Real Estate Acquisitions purchases 156-unit seniors housing community in Mokena

Inland Real Estate Acquisitions, LLC negotiated and closed the purchase of Clarendale of Mokena, a 156-unit senior living community in Mokena, Illinois, a southwest suburb…

Triten Real Estate Partners sells two-building distribution center in Houston

Triten Real Estate Partners sold Fairbanks Northwest Distribution Center, a two-building, Class-A distribution center in Houston’s northwest submarket. An Ares Real Estate fund (“Ares”) acquired…

Lee & Associates brokers sale of 510,000-square-foot corporate campus, ministry facility in Elgin

Lee & Associates of Illinois, along with CBRE, closed the sale of a 510,000-square-foot, 82-acre former corporate campus and ministry facility at 1000 N Randall…

Collins Aerospace military contracts mean increased production at Cedar Rapids headquarters

The Cedar Rapids Metro Economic Alliance celebrated Collins Aerospace’ announcement this week that the company has been awarded new military contracts that will increase production at its…

Marcus & Millichap closes sale of 500-unit self-storage property in Montgomery

Marcus & Millichap negotiated the sale of U.S. 30 Storage, a 500-unit self-storage property in Montgomery, Illinois. Jon Silvers and Sean Delaney, investment specialists in Marcus &…

Peavey Road Partners acquires 42,886-square-foot industrial property in Chaska

Peavey Road Partners LLC has acquired a 42,886-square-foot industrial property at 4024 Peavey Road in Chaska, Minnesota, positioning the site for one of Minnesota’s first…

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