Indiana
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
Student Housing Preleasing, Rent Growth Decelerate; Still Ahead Y-O-Y
Preleasing at Yardi 200 schools reached 73.5% in April, exceeding last year’s rate by 50 basis points BUT decelerating somewhat… Read more
Mohr Logistics Park Signs 1M-SF Lease with Cummins
Mohr Capital has secured a lease for more than 1 million square feet at Mohr Logistics Park with Cummins Inc.… Read more
Devon Self Storage Awarded Management of Six Facilities
Devon Self Storage, a member of The Inland Real Estate Group of Companies, Inc., has been awarded the property management contract… Read more
PMB, UChicago Medicine Cut Ribbon on NW Indiana Facility
Healthcare developer PMB recently held the grand opening of the University of Chicago Medicine’s new 132,000-square-foot multispecialty care center in Northwest Indiana. The… Read more
Student Housing Rents Reach Record High
Preleasing at Yardi 200 schools hit 67.7% in March, exceeding last year’s pace by 2.4%, while rent growth accelerated to… Read more
Amazon to Build $11B Indiana Data Center Campus
Amazon Web Services (AWS), an Amazon subsidiary focused on web services, plans to invest $11 billion into the construction of… Read more
First Financial Bank Opens Chicago Branch in Fulton Market
Cincinnati-based First Financial Bank is expanding to Chicago, opening an office headquarters in Fulton Market. Jeff Steigelman will serve as… Read more
Inland Fully Subscribes Student Housing DST Near Notre Dame
Inland Private Capital Corporation (IPC) has completed a more than $26 million capital raise for the private investment offering of… Read more
StorageMart Expands Midwest Presence in Indiana, Missouri
StorageMart has completed the acquisitions of two new facilities in Greenwood, Indiana, and Columbia, Missouri. StorageMart began operating facilities in Columbia in 1999 and is… Read more
Avison Young Arranges 1M-SF Industrial Lease for Crow Holdings
Avison Young has arranged a 1,001,162-square-foot industrial lease on behalf of developer Crow Holdings at 9850 Mississippi Street in Merrillville,… Read more
Chicago, Midwest | Weekly People & Companies for April 12, 2024
Carmel, Indiana-based financial services provider Merchants Capital today has expanded its executive leadership team with the promotion of Chris Messmann… Read more
Nvidia Supplier SK Hynix to Build $4B Indiana Chip Plant
South Korean company SK hynix, Inc., a supplier for Nvidia, will spend an estimated $3.87 billion on an Indiana chip… Read more
HSA Commercial Signs Industrial Lease Near Indianapolis Airport
Chicago-based HSA Commercial Real Estate executed a new 49,977-square-foot industrial lease with Continental, a contract dining and refreshment provider, at… Read more
