Indiana
Spruce Properties Partners with New Urban Residential on MF Investment
Spruce Properties and New Urban Residential have announced a partnership to enhance value for investors at their existing properties and… Read more
Chicago/Midwest People & Company News, week of June 28, 2024
Kiser Group has promoted three team members, Jackson Medina, Noah Shutan, and Hunter Wern, from Associates to Advisors. This advancement… Read more
HSA Commercial Signs 234K-SF Lease Near Indianapolis Airport
Chicago-based HSA Commercial Real Estate has executed a full-building lease with Marathon Electric LLC at its new Terminus at Hobbs… Read more
Jewel-Osco-Anchored Retail Center Sells for $31M
Newport Capital Partners, a Chicago investment firm, has paid $30.6 million for a 109,984-square-foot grocery-anchored shopping center in Chicago’s near… Read more
US Signal Finalizes Upgrades to Indianapolis North Data Center
US Signal, a Midwest-based digital infrastructure and data center solutions provider, is wrapping up work to upgrade its recently acquired… Read more
Chicago/Midwest People & Company News, week of June 21, 2024
Intersect Illinois announced three appointments to its board of directors: Michael Sacks, CEO and Chairman of GCM Grosvenor; Smita Shah,… Read more
JLL Arranges Sale of 250K-SF Distribution Facility in Jeffersonville
JLL brokered the sale of 1220 Bridgeport Drive, a Class-A, 250,000-square-foot distribution facility located in Jeffersonville, Indiana. Strategically positioned in… Read more
Wawa Breaks Ground in Three New States in the Midwest
Wawa, a Pennsylvania-based chain of convenience stores and gas stations, has officially broken ground on its first stores in Kentucky,… Read more
CBRE Arranges $7.6M Sale of MF Property in Indiana
CBRE today announced the $7.6 million sale of 451 Lebanon, a newly constructed luxury apartment building located at 451 North… Read more
Student Housing Pre-Leasing Numbers Slow YoY – Somewhat
Though the 2024-2025 college/university school year doesn’t officially open until August (at the earliest), student housing pre-leasing has been underway… Read more
Friedman Sells 46K-SF Former Chase Bank Regional HQ
Friedman Real Estate’s Steven Silverman and Ryan Wilner recently completed the sale of a 46,000-square-foot vacant mixed-use investment property located… Read more
Indy-based Milhaus Breaks Ground on Apartments in Pittsburgh
Milhaus, a multifamily developer, owner and operator, has partnered with real estate investment firm BAM Capital to break ground on… Read more
Puma Opens 1.2M-SF Waddell Distribution Center
The warehouse, which will process orders from wholesale partners and PUMA’s golf subsidiary Cobra, will complement PUMA’s existing distribution centers… Read more
Meijer to Open First Grocery Format Store in Indiana
Meijer announced will open its new 90,000-square-foot grocery format store in July at the Promenade of Noblesville at 5956 Promenade… Read more
Gov. Holcomb, Eli Lilly Announce $5.3B Investment in LEAP District
Indiana Governor Eric Holcomb recently joined Eli Lilly’s Chair and CEO David Ricks to announce plans for Lilly to double… Read more
Chicago/Midwest People & Company News, week of May 20, 2024
JLL has elected Susan Gore as an independent, non-executive member of its Board of Directors. She will also serve on… Read more
Median Apartment Rents Post Ninth Consecutive Y-O-Y Decline
The median asking rent nationally for 0-2 bedroom apartments declined -0.7% year-over-year from April 2023 to $1,723 and declined across all… Read more
Evergreen Real Estate Group Opens IN Senior Living Community
Chicago-based Evergreen Real Estate Group has completed the Green Oaks of Valparaiso, a three-story, 120-unit assisted living community for low-income seniors in Valparaiso, Indiana.… Read more
Hudson Investing, Midloch Acquire Indianapolis BTR
Hudson Investing and Midloch Investment Partners have acquired Jackson Run Townhomes, an 84-unit Class A multifamily rental community in the… Read more