Indiana
Chicago/Midwest People & Company News, week of February 14, 2025
Newmark has hired Keely Polczynski, a respected retail investment sales professional with more than 20 years of experience, to its… Read more
Bankrupt Fabrics Retailer Joann Plans to Close 500 of Its 800 Stores
Fabrics and crafts retailer Joann will close 500 of its 800 stores in the coming months as it goes through… Read more
Luxury Apartments at Indiana University Sell
JLL has secured the sale of Wesley Place, a 244-unit luxury apartment community just north of downtown Indianapolis, Indiana. JLL’s Director… Read more
Chicago/Midwest People & Company News, week of February 7, 2025
NAI Hiffman has appointed Paul Grusecki as managing director – head of advisory services. Grusecki will be based in Hiffman’s… Read more
Marcus & Millichap Brokers Sale of Chicago MOB
Marcus & Millichap has closed the sale of 2335 S. Michigan Ave., a medical office property fully leased to Shifrin… Read more
JLL Arranges $67M Sale of Apartments in the Louisville MSA
JLL has secured the $67.15 million sale and $42.68 million acquisition financing for Lakeside Gardens, a 360-home luxury apartment community in… Read more
Colliers Completes Sale of 263K-SF Industrial Facility in Indianapolis
Colliers has closed the sale of 4310 Stout Field N Drive, a fully occupied, master-leased industrial facility totaling 263,230 square… Read more
Luxury Residential Building in Downtown Indianapolis Sells
Standard Real Estate Investments and Arrow Street Development have closed on the sale of Wesley Place, the only luxury residential… Read more
CLO Distress Rate Reaches New Peak in December
The CRED iQ CRE CLO distress rate added 60 basis points in December – reaching a new high of 13.8%. … Read more
Tower Capital Obtains Financing for San Tan Valley BTR Community
Tower Capital arranged $70.2 million in construction financing for the development of a Phoenix-area Build-to-Rent community. Tower Capital’s Kyle McDonough,… Read more
CBRE Arranges Sale of Newly Built Apartments in Indiana
CBRE has arranged the sale of Federal Hill Apartments, a 222-unit multifamily property in Noblesville, Indiana. Summit Equity Investments purchased… Read more
Harbor Group-Led Team Obtains Refi’s for 8 Colorado Properties
Harbor Group International (HGI), along with The Garrett Companies and Telis Group funded the $630.5 million recapitalization of an 11-asset multifamily development… Read more
H&R Block Signs Long-Term Lease in Indiana
H&R Block, a national tax preparation services company, has signed a long-term lease at 416 E Commercial Avenue in Lowell,… Read more
Dubai-Based EDGNEX Plans $20B Expansion into U.S. Data Center Market
Dubai-headquartered global digital infrastructure company EDGNEX Data Centers by DAMAC plans to enter the U.S. market, targeting a 2,000-megawatt capacity… Read more
Kiser Group Expands Into Minneapolis-St. Paul Market
Kiser Group has expanded into Minnesota by partnering with multifamily broker Robert Dulin to open a multifamily brokerage office in… Read more
Engineering Firm Signs Long-Term Lease at Indiana Office Building
Engineering firm RT Patterson has signed a long-term lease at 8585 Broadway in Merrillville, Indiana. The porerty is an eight-story professional office… Read more
Northmarq Brokers $13M Sale-Leaseback of Healthcare Portfolio
Vice President Christian Vaughan of Northmarq’s National Healthcare Group recently brokered the $13.5 million sale leaseback of two outpatient primary care… Read more
Pearlmark Closes Mezzanine Financing for Indiana MF Development
Pearlmark has closed on two mezzanine debt investments totaling $19.5 million for a two-phase multifamily development, known as Monon Square.… Read more
Colliers Facilitates Sale of 245K-SF Distribution Portfolio
Colliers has closed the sale of a two-building distribution portfolio totaling 245,000 square feet in the Southwest submarket of Indianapolis,… Read more