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News Brief

OhioNet LeaseRetail

Marcus & Millichap sells Rite Aid pharmacy in Ohio

Marcus & Millichap closed the sale of an 11,325-square-foot net-leased Rite Aid pharmacy property in Sandusky, Ohio. Thee asset sold for $2.198 million, 98 percent of its…
March 24, 2022
MichiganOffice

Friedman Real Estate sells 35,000-square-foot office building in Michigan

Friedman Real Estate recently facilitated the sale of the 35,000-square-foot office property located on Hall Road in Clinton Township, Michigan. Friedman’s Joel Kestenberg advised the seller in…
March 24, 2022
TennesseeMultifamily

American Landmark Apartments acquires second multifamily property in Nashville market

American Landmark Apartments has entered a joint venture partnership with BentallGreenOak, a global real estate investment management advisor, to acquire Vantage at Murfreesboro. Located in…
March 24, 2022
KentuckyFinanceMultifamily

Bellwether Enterprise closes $40 million affordable housing loan in Louisville market

Bellwether Enterprise Real Estate Capital LLC closed a $40 million direct bond purchase for the financing of Lone Oak Meadows, an upcoming affordable multifamily community at…
March 23, 2022
TexasOffice

JLL welcomes software testing company to Austin

JLL announced that Tricentis, a leader in test automation, has signed a lease to occupy 42,019 square feet of office space within the newly completed…
March 23, 2022
KansasIndustrial

Newmark Zimmer closes disposition of truck terminal facility in Kansas

Newmark Zimmer closed the disposition of 9140 Woodend Road in Edwardsville, Kansas. Amongst the largest cross-dock truck terminal facilities in the nation, the 275,000-square-foot property…
March 23, 2022
IllinoisMultifamily

Greystone provides $57 million in acquisition financing for Chicago condo deconversion

Greystone has provided $57,165,000 in bridge financing for the acquisition of Terrace of Elk Grove Apartments, a 427-unit condominium property in Elk Grove Village, Illinois. The…
March 23, 2022
IllinoisNet LeaseRetail

The Boulder Group arranges sale of net leased Starbucks property in Central Illinois

The Boulder Group, a net leased investment brokerage firm, completed the sale of a single tenant Starbucks located at 3103 Woodlawn Road in Lincoln, Illinois…
March 23, 2022
WisconsinMultifamily

Affiliate of Next Realty acquires retail center in Madison

An affiliate of Next Realty LLC, on behalf of Next Realty Fund X, LP, has acquired Essex Square, a multi-tenant neighborhood center in Madison, Wisconsin.…
March 23, 2022
OhioMultifamily

Holland Construction Services wraps construction on 214-unit apartment development in Missouri

Holland Construction Services has completed The Flats at Dorsett Ridge, a $45 million, 214-unit luxury apartment complex in Maryland Heights, Missouri, one-half mile west of…
March 23, 2022
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