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Retail

MidwestRetail

Three retail tenants now open at Chicago’s Pulaski Promenade

Metro Commercial Real Estate has announced the opening of three anchor tenants at the 133,000-square-foot Pulaski Promenade in the Archer Heights neighborhood of Chicago--Marshalls, PetSmart…
Staff Writer April 2, 2017
MinnesotaRetail

CBRE arranges permanent financing for Schmitt Music Building in downtown Minneapolis

CBRE Capital Markets' Debt & Structured Finance team has arranged new permanent financing for the recapitalization of the Schmitt Music Building, a downtown Minneapolis building…
Staff Writer April 2, 2017
MichiganRetail

Detroit’s Sachse Construction names head of retail business development

Heidi Bias will oversee national retail business development at Detroit's Sachse Construction.
Staff Writer April 2, 2017
MidwestRetail

Kroger set to buy Roundy’s for $800 million, will acquire Midwest grocery chains

In a statement Wednesday, The Kroger Co. announced it will acquire Milwaukee-based Roundy's Inc. for $800 million. Kroger will pay $3.60 in cash per share…
Staff Writer April 2, 2017
MidwestRetail

Bottled Blonde Pizzeria + Beer Garden opens first Midwest location in Chicago

Renovations for the 10,000-square-foot Bottled Blonde Pizzeria + Beer Garden, Chicago's first location at 504 N. Wells Street, are officially complete according to The Missner…
Staff Writer April 2, 2017
MidwestRetail

KeyBank secures $9M in CMBS financing for Rockford Crossing center

KeyBank Real Estate Capital has secured a $9 million non-recourse, CMBS first mortgage for Rockford Crossing, an 118,650 square foot, shadow anchored neighborhood retail center…
Staff Writer April 2, 2017
MidwestRetail

Walgreens, Rite Aid consolidation to provide new opportunities for rivals?

It's uncertain how many drug stores across the Midwest will close if Walgreens eventually buys its smaller rival Rite Aid. But Ron Goldstone, senior vice…
Dan Rafter April 2, 2017
OhioRetail

Cooper Commercial Investment Group closes sale of 179,000-square-foot retail center in Ohio

The Cooper Commercial Investment Group recently closed the sale of Midway Crossing, a 179,646-square-foot retail center in Elyria, Ohio, anchored by Olive Garden, Chipotle, Verizon…
Staff Writer April 2, 2017
MissouriRetail

Lack of supply slowing the growth of West Michigan’s retail market

St. Louis-based Sansone Group has closed on the purchase of the 10775 Watson Road retail site in Sunset Hills, Missouri.
Dan Rafter April 2, 2017
MichiganRetail

The Dickman Company closes 19,000-square-foot industrial lease in Wisconsin

Advance Auto Parts signed a lease in October for a new location on West Stadium Boulevard in the 11,000-square-foot freestanding building that was formerly home…
Staff Writer April 2, 2017
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