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News
Avison Young closes sale of 200,696-square-foot food production facility in Pleasant Prairie
4+ day, 2+ hour ago (164+ words) Avison Young brokered the sale of 10490 88th Ave. in Pleasant Prairie, Wisconsin, a 200,696-square-foot, state-of-the-art food production facility located within LakeView Corporate Park. The property was acquired by Royal Oak Realty Trust, a New York-based real estate investment trust (REIT). The…...
Prologis to develop 1-million-square-foot logistics facility in Minooka
4+ day, 15+ hour ago (261+ words) Prologis acquired 69 acres in Minooka, Illinois, where it will develop Minooka Exchange, a 1,002,000-square-foot Class-A logistics facility. The project will add much needed large-format space to Chicago’s I-80 submarket, one of the region’s primary bulk distribution corridors. The building will…...
Friedman Real Estate closes sale of self-storage development site in Warren
4+ day, 19+ hour ago (154+ words) REJournals Friedman Real Estate completed the sale of a five-acre property at 6014-6015 E. 10 Mile Road in Warren, Michigan, which will be the site of a new 519-unit self-storage facility totaling approximately 77,000 net rentable square feet. The permitted development plan includes approximately…...
Cushman & Wakefield brokers sale of 215,111-square-foot office building in Dallas
4+ day, 20+ hour ago (214+ words) rejournals.com Cushman & Wakefield represented Granite Properties in the sale of Factory Six03, a 215,111-square-foot Class-A creative office building at 603 Munger Ave. in the heart of Dallas’ West End. Cushman & Wakefield’s Todd Savage, Russell Ingrum, Jared Chua, Kelsey Shebay, Matt Murphy,…...
Industrial Commercial Properties acquires three-building corporate campus in Kalamazoo
4+ day, 21+ hour ago (122+ words) rejournals.com Industrial Commercial Properties LLC (ICP) acquired 1 Financial Parkway, a three-building, 426,788-square-foot corporate campus situated on 55 acres in Kalamazoo, Michigan. The property’s I-1 zoning allows a variety of office and industrial uses, giving ICP flexibility to reposition the existing…...
Nara Realty Advisors hires multifamily brokers in Chicago
4+ day, 21+ hour ago (167+ words) REJournals Nara Realty Advisors is expanding its multifamily brokerage in Chicago by hiring Conor Roe and T.J. Norris as investment sales brokers. In this role, Conor and T.J. will advise multifamily property owners and private investors on the acquisition and disposition of…...
HLCI acquires Houston site for development of 191,768-square-foot industrial facility
4+ day, 22+ hour ago (263+ words) Holt Lunsford Commercial Investments (HLCI) acquired a 14.4-acre site in Northwest Houston for the development of The Bend at 249, a 191,768-square-foot Class-AA industrial facility. Located along SH-249 between T.C. Jester and W. Montgomery Road, the site offers direct SH-249 frontage with convenient…...
Commercial Real Estate Hall of Fame: REDICO???s Dale Watchowski
6+ day, 1+ hour ago (298+ words) More than 25 years ago, when Dale Watchowski stepped into the role of chief executive officer at REDICO, the company was a respected regional firm best known for its suburban office portfolio. Under Watchowski’s leadership, REDICO grew into something larger: a…...
Green Street: Industrial still one of the leaders in commercial real estate recovery
6+ day, 1+ hour ago (635+ words) Despite challenges, the industrial sector continues to be one of leaders in the commercial real estate property recovery, with values rising faster than those of most major property sectors even as higher borrowing costs threaten to slow the momentum. That’s…...
Oak Brook???s CenterPoint Properties names EVP and chief financial officer
6+ day, 2+ hour ago (170+ words) Oak Brook’s CenterPoint Properties names EVP and chief financial officer REJournals Oak Brook, Illinois-based CenterPoint Properties appointed Ross Straseske as executive vice president and chief financial officer. As CFO, Straseske leads the company’s finance organization, with responsibility for financial planning…...