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News Brief

TexasOffice

SparrowHawk acquires Houston office building

SparrowHawk, the real estate strategists that specialize in investing and managing industrial properties across the country, have made an atypical property acquisition. The company has…
March 28, 2022
IllinoisStudent Housing

Interra Realty negotiates $5.16 million sale of 49-bed student housing property in Chicago’s Rogers Park

Interra Realty negotiated the $5.16 million sale of The Loyola, a new four-story, 49-bed student housing community with ground-floor retail at 1315-1321 W. Loyola Ave. in…
March 28, 2022
IllinoisIndustrialMultifamilyRetail

ATG insures $115 million transaction, the largest multi-residential sale in Champaign County history

Attorneys' Title Guaranty Fund, Inc., (ATG®), as agent of First American Title Insurance Company, recently closed on a $115 million transaction, the largest multi-residential sale…
March 28, 2022
MinnesotaCRE

Kraus-Anderson names SVP of development, investment management

Minneapolis' Kraus-Anderson Development Company has hired Bob Cunningham as senior vice president of development and investment management.  He will lead and oversee the company’s development,…
March 28, 2022
MinnesotaFinanceMultifamily

Colliers Mortgage closes $11.1 million refinance loan for 104-unit apartment project in Minnesota

The Minneapolis office of Colliers Mortgage recently closed an $11.1 million HUD 223(a)(7) loan for the refinancing of Cedar Villas Townhomes, an existing 104-unit mixed-income…
March 28, 2022
OhioCRE

Marcus & Millichap sells 23,000-square-foot self-storage facility in Ohio

Marcus & Millichap negotiated the sale of Rosemount Self Storage, a 23,000-square foot self-storage facility in Portsmouth, Ohio. Sean Delaney, senior vice president, and H.…
March 25, 2022
MinnesotaCRE

Minneapolis office of JLL Capital Markets adds senior director

Erin Fitzgerald has joined JLL Capital Markets as a senior director in its Minneapolis office. Fitzgerald will focus on office and industrial investment sales advisory…
March 25, 2022
TennesseeRetail

Marcus & Millichap sells 24,502-square-foot retail center in Tennessee

Marcus & Millichap closed the sale of Shoppes at East Stone at 2637 E. Stone Drive in Kingsport, Tennessee. The 24,502-square-foot retail property sold for…
March 25, 2022
TexasIndustrial

IG Logistics expands Dallas footprint with purchase of nine-acre truck terminal

New York-based IG Logistics is expanding their footprint in Dallas with the acquisition of a nine-acre truck terminal at 2121 E. Grauwyler Road. The site is…
March 25, 2022
MinnesotaMultifamily

Doran Companies set to build 176-unit apartment complex in Twin Cities market

The City of Plymouth on March 22 unanimously approved Doran Companies' seven-story, 176-unit project at 10000 State Highway 55 in Plymouth, Minnesota. Bassett Creek, the…
March 25, 2022
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