Indiana
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
Duke Plans Another Facility in High Demand Lehigh Valley Distribution Hub
Indianapolis-based Duke Realty Corporation is set to begin construction on 33 Logistics Park 1611, a speculative 628,475-square-foot bulk warehouse in… Read more
TX Company To Build Tiny Hospitals in Indiana
Embree Group, based in Georgetown, TX near Austin, has filed applications to build micro hospitals in Plainfield, Noblesville and Indianapolis,… Read more
$75M Phoenix Warehouse Sale Highest Since 2012
Koll Co., based in Newport Beach, CA, has paid out $74.7 million to acquire a 1-million-square-foot distribution center in Phoenix.… Read more
O’Hare Airport Set for Significant Terminal Expansion
Major air carriers have reached an agreement with the administration of Mayor Rahm Emanuel to significantly expand Chicago’s O’Hare International… Read more
Citimark, Paul Hemmer Team to Build 534K-SF OH Industrial
Paul Hemmer Cos. and Citimark, have launched construction on Ten Nine Hundred, a 534,500-square-foot speculative industrial property in Blue Ash,… Read more
Colliers Brings MI Affiliate into Global Fold
Colliers International Group Inc. has acquired Colliers International West Michigan, a company that serves Grand Rapids, Kalamazoo and the Lakeshore.… Read more
Dow Chemical Being Courted, Michigan Incentives Lacking
Dow Chemical Co., headquartered in Midland, MI and in the middle of a merger with DuPont, is being courted by… Read more
Naming Rights Eyed By Cash-Strapped School Districts
In recent years, the Penn-Harris-Madison School Corp. in northern Indiana sold naming rights to its football field for $400,000, as… Read more
Dollar General Readies for $85M Facility in GA
Dollar General Corp. has acquired land in Jackson, GA, which will serve as the discount retailer’s 15th distribution facility. The… Read more
Salesforce Could Lease up to 400K SF at Indianapolis’ Chase Tower
Salesforce Inc. is planning to expand in Indianapolis with a large central business district lease at Chase Tower on Monument… Read more
Bob Evans Shutters 21 Restaurants
Approximately one week after announcing $197-million sales-leaseback arrangements for its stores with National Retail Properties Inc. and Mesirow Realty Sale-Leaseback… Read more
Simon Property Partners with GE for Energy-Efficient Malls
Simon Property Group, headquartered in Indianapolis, has partnered with Current (a GE subsidiary) to make malls more sustainable and energy-efficient.… Read more
Walmart’s Fort Wayne Milk Plant On Tap
Walmart has announced plans to build a 250,000-square-foot milk-processing plant in Fort Wayne, IN. The giant retailer plans to begin… Read more
180K-SF Lockerbie Acquired by Partners
Gershman Partners and Citimark Inc. have joined forces to acquire the 180,000-square-foot Lockerbie Marketplace. The four building asset, located at… Read more