CBRE

NKF completes long-term lease renewal in West Chicago

Newmark Knight Frank (NKF) successfully advised and represented Leslie's Poolmart, Inc. in renewing its 125,000-square-foot, long-term lease renewal at 320 Industrial Drive in West Chicago.

Sterling Organization acquires retail property off of Mag Mile

Sterling Organization, a private equity real estate investment firm headquartered in Palm Beach, Florida, has acquired 10,051 square feet of vacant retail space at 110…

MidwestFinance

Multifamily financing requests slowing? Not this year

The multifamily market across the Midwest is still soaring. Last year, developers added more apartment units to Midwest markets than ever.

University of Kansas Health System signs 105,000-square-foot lease in tech park in Lenexa

Hines along with a fund managed by Oaktree Capital Management, LP announced that The University of Kansas Health System has signed a lease for 105,000…

CBRE provides $1.5 million loan for multifamily property in Indianapolis

CBRE has structured a $1.57 million loan to refinance the Monon Station Apartments in Indianapolis. A Freddie Mac Small Business Loan was obtained by Dan…

Blackstone acquires $1.8B industrial portfolio

A multi-market investment sales team at Cushman & Wakefield has represented Blackstone Real Estate Income Trust (BREIT) in its $1.805 billion acquisition of a Cabot…

Cold storage warehouse demand to rise with popularity of online grocery shopping

Mirroring the symbiotic growth between e-commerce and warehouses/fulfillment centers, the increased appeal of online grocery could result in higher demand for cold-storage space. According to…

Alex Frei Joins CBRE in Chicago as SVP

CBRE Group, Inc. announced that Alex Frei has joined the firm’s incentives practice group on its transaction and advisory services team in Chicago as senior…

MidwestMultifamily

CBRE: Detroit, Minneapolis boast lowest multifamily vacancy rates in the Midwest

Apartment vacancy rates are falling throughout the Midwest, with rates especially low in Detroit and Minneapolis, according to the latest research from CBRE. And overall,…

MidwestOffice

The big attraction for companies, residents? Midwest downtowns

The big draw for a growing number of companies and residents? Busy, urban downtowns. And this trend is showing no signs of slowing in the…