Indiana
Browning-Duke JV Commences BTS
A joint venture between Indianapolis-based Browning Investments and Duke Realty executed a long-term lease agreement for a 251,080-square-foot, build-to-suit for… Read more
1M-SF Industrial Portfolio Sells
Sealy & Co. nabbed the seven-building, Class A industrial portfolio known as North by Northwest, in Park 100, at 86th… Read more
Nursing Home REIT Secures Refi for 99-Bed Asset
Strawberry Fields REIT LLC closed on a $4.4 million loan from the U.S. Department of Housing and Urban Development (HUD)… Read more
Easterly to Acquire, Finish VA Outpatient Clinic
Easterly Government Properties Inc. is making a push into Department of Veterans Affairs real estate assets by agreeing to acquire… Read more
44K-SF Kessler Building To Become Co-Work Space
Level Office, headquartered in Chicago, acquired the seven-story Kessler Building at 1301 Oak St. in Kansas City, MO. Both the… Read more
Apollo Flow Takes down 226K SF
Apollo Flow Controls inked a 226,000-square-foot industrial lease in Romeoville, IL with landlord Molto Capital. The company will relocate its… Read more
Developer Hopes to Begin MXU Construction
Indianapolis developer Flaherty & Collins wants to break ground on a $42 million project in Mishawaka, IN. The developer is… Read more
Kmart Store Sells for Redevelopment
ARC Cos. of Jeffersonville, IN acquired a 90,000-square-foot former Kmart store in New Albany, IN, in the Louisville, KY metro.… Read more
Proposed FedEx Facility at Chino Airport Still in Discussion
This story has been updated as of 1:30 PM PT to reflect earlier inaccuracies. Corrections made: FAA has NOT approved… Read more
CBRE Represents USAA in 10M-SF Portfolio Sale
CBRE represented USAA Real Estate Co. in the sale of its North American Logistics Portfolio. As ConnectMedia reported in December,… Read more
Gramercy Property Pays $521M for Industrial Portfolio
Gramercy Property Trust closed on the acquisition of a 17-property, 10.3 million-square-foot industrial portfolio for $521 million. The portfolio is… Read more
Opus Snags 96 Acres, Plans 2M-SF Distribution
Opus Development Co. LLC struck a deal with Duke Realty LP to acquire a 95.6-acre, shovel ready site within the… Read more
Calmwater Issues $44M Refi for Lake Business Center
Calmwater Capital issued a $44 million refi bridge loan to Simborg Development for its Lake Business Center in Munster, IN.… Read more
Duke Expands SoCal Portfolio with Another Land Buy
Duke Realty Corporation acquired 22.67 acres of land in La Mirada, CA slated for future development. The site is located… Read more
Amazon to Build West Texas Wind Farm
Seattle-headquartered Amazon Inc. is planning to build a large wind farm in Scurry County of West Texas, one that will… Read more
First Midwest Enters into $150M Sale-Leaseback for 55 Branches
First Midwest Bank, headquartered in Itasca, IL, entered into an agreement with Oak Street Real Estate Capital LLC to sell… Read more
GLP Contracts with Hillwood on $1.1B Industrial Portfolio
Singapore-based logistics fund manager GLP has struck a deal with Dallas-based Hillwood Development Co. to purchase a $1.1-billion U.S. logistics… Read more
Hertz Pays $417M For Midwest Portfolio
Hertz Investment Group of Santa Monica, CA acquired four office buildings in the Midwest, paying seller Equity Commonwealth $416.7 million… Read more