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CBRE

MidwestIndustrial

Online returns could take $41B bite out of holiday earnings as reverse logistics redoubles

Brick-and-mortar stores have an average 8 percent return rate on previously purchased goods. But that's nothing compared with the 15 to 30 percent returns that…
Matt Baker December 31, 2019
MinnesotaIndustrial

CBRE sells 115,000-square-foot industrial building near Minneapolis

CBRE recently represented Southtech Ridge LLC in the sale of Southtech Plaza I, an 115,043-square-foot industrial tech building in Bloomington, Minnesota, to Viking Partners Acquisitions,…
December 30, 2019
MidwestHealthcare

CBRE sells nine-building MOB portfolio across four states

CBRE completed the sale and financing of a nine-building medical office portfolio totaling about 470,000 square feet located in four states.
December 27, 2019

Chicago tops nation for MOB absorption, deliveries

Medical office buildings (MOBs) are big business. In the race to deliver and absorb this product type, Chicago didn't just lead the country, it recorded…
Matt Baker December 20, 2019
MichiganCRE

Three questions with … Detroit’s Brendan George

This is an exciting time to broker real estate in the Detroit market. Just ask Brendan George, senior vice president with CBRE's Detroit office. As…
Dan Rafter December 20, 2019

Forecast 2020: Corporate Relocations

Paul Reaumond is the youngest professional to be named vice chairman in CBRE Chicago's history. It's a title well earned, as he has helped engineer…
Matt Baker December 19, 2019
WisconsinIndustrial

CBRE sells former Shopko distribution center in Wisconsin

CBRE recently represented KK Integrated Logistics in the purchase of a 494,000-square-foot former Shopko regional distribution center in De Pere, Wisconsin, from LCN Sko Omaha…
December 18, 2019
MinnesotaOffice

CBRE sells 219,000-square-foot office building in St. Paul

CBRE recently represented Trident Pacific Real Estate Group, Inc., in the sale of Cray Plaza, a 219,313-square-foot office building in St. Paul, Minnesota, to Bigos-Galtier,…
December 18, 2019

Cushman & Wakefield represents landlord in Suburban Chicago’s largest lease of 2019

US Foods, a Fortune 500 company and one of America's leading food service distributors, has signed a lease renewal of 275,000 square feet with options…
December 17, 2019

Bridge, PGIM form $150M JV to acquire and develop cold storage properties across the U.S.

Bridge Development Partners and PGIM Real Estate, the global real estate investment management business of Prudential Financial, Inc., have launched a $150 million national cold…
December 17, 2019
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