Columbus
Granite REIT Completes Buy of $246M Portfolio in Midwest, Memphis
Toronto-based Granite Real Estate Investment Trust completed its acquisition of eight income-producing properties in three Midwestern markets and the Memphis… Read more
Bellwether Adds Andy Effler as VP in Columbus
Bellwether Enterprise Real Estate Capital has hired Andy Effler as VP and loan originator in the Columbus, OH office. Effler… Read more
Berkadia Team Closes Sale of Columbus Portfolio
Berkadia has announced the sale of a 580-unit, two-property multifamily portfolio in Columbus, OH. The sale of the 400-unit Villages at… Read more
Molto Hires Mohoney as Central Region VP
Kevin Mohoney has joined Molto Properties as VP | Central Region. Based in Oakbrook Terrace, IL, Mohoney will focus on… Read more
Pizzuti Partners with Capital U. on Third Phase of Columbus MXU
The Pizzuti Companies and Capital University formed a joint venture to redevelop an existing surface parking lot in Columbus’ burgeoning… Read more
Investor Interest Turns the Midwest into a Multifamily Hot Spot
By Paul Bubny Few regions of the U.S. have seen quite the uptick of investor interest that the Midwest has… Read more
NKF Arranges $163M Debt for Arden’s Industrial Portfolio
NKF arranged a $163-million floating-rate loan for the Arden Group’s acquisition and recapitalization of a 12-asset industrial portfolio located in… Read more
Penn National Suspends Ops at Midwestern Casinos for 2 Weeks
Amid coronavirus concerns, Penn National Gaming said Friday it would temporarily suspend operations at its casinos in Illinois, Indiana and… Read more
Root Insurance Becomes Inaugural Tenant at 2625 at Chandler Freeway Crossing
Billion-dollar start-up auto-insurance company Root Insurance was the first to sign a lease in 2625 at Chandler Freeway Crossing, a… Read more
Arch Street, VEREIT Add DHL Unit’s OH Headquarters
Arch Street Capital Advisors and VEREIT acquired DHL Supply Chain’s North American headquarters in Westerville, OH, near Columbus. Deal terms weren’t disclosed.… Read more
Chicago Ranks Third in U.S. for Construction Costs
Chicago’s the third most-expensive construction market in the U.S., behind New York City and San Francisco, JLL reported. The Midwest’s… Read more
Jeff Palmquist Returns to Lead Leasing at Duke Realty in Nashville
Logistics property REIT Duke Realty has announced that Jeff Palmquist will return to Nashville as VP of leasing and development.… Read more
Walker & Dunlop Expands to Columbus with MSF Addition
Walker & Dunlop has expanded its debt brokerage team to Columbus, OH with the acquisition of MSF Real Estate Capital.… Read more
A Guide to Midwestern Apartment Markets
By Paul Bubny Among Midwestern metro areas, only Minneapolis/St. Paul figures in the top 10 of Marcus & Millichap’s National… Read more
JLL Team Places Loan for Columbus-Area Retail Acquisition
JLL Capital Markets arranged acquisition financing for the Shops at Worthington Place, a 139,283-square-foot, Class A, retail center that is… Read more
CT Realty, Walton St. Partner on Massive Columbus Industrial
CT Realty and Walton Street Capital acquired 382 acres of industrial land in Columbus, OH to develop 5.7 million square feet of… Read more
Alterra Acquires Owner-Occupied Columbus Offices
Alterra Real Estate Advisors acquired the owner-occupied 3 Easton Oval in Columbus, OH for $6.5 million, or approximately $75 per… Read more
Lingerfelt CommonWealth Snaps Up Columbus Tower
Lingerfelt CommonWealth Partners, based in Glen Allen, VA, acquired Chase Tower in Columbus, OH for an undisclosed sum. The 308,337-square-office… Read more
JLL Lines Up $320M Recap for Midwest Industrial Portfolio
JLL arranged a $319.6-million recapitalization and $210-million financing for a 33-building, Class A, logistics portfolio totaling 4.1 million square feet in… Read more