Ohio
Fabrics and Crafts Retailer Joann Files for Second Bankruptcy, Plans Sale of Assets
Nine months after emerging from bankruptcy, retailer Joann Inc. has commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court… Read more
St. Louis Self-Storage Property Sells in Off-Market Transaction
Marcus & Millichap has completed the sale and financing of Baumgartner Road Storage, a 287-unit self-storage property located on 6.6… Read more
MAG Capital Partners Expands Ohio Industrial Portfolio
MAG Capital Partners has acquired a 158,484-square-foot specialty food processing facility in the Cleveland metropolitan area in a sale-leaseback transaction with… Read more
Stotan Building $100M Laredo Industrial Park
Stotan Industrial acquired 70 acres in Laredo, Texas, to build three warehouses with a total of 932,600 square feet. This… 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
U.S. Apartment Rent Growth Eases to 1% in Q4 2024
National year-over-year asking rent growth eased to 1.0% in December 2024 compared to 1.1% at the end of September 2024,… Read more
Peak Properties Lands Management of Cincinnati Real Estate Portfolio
Peak Properties has announced its latest assignment which will include taking over management of a substantial portfolio of 68 buildings… Read more
New National Industrial Platform Outrigger Industrial Launched
Four industrial real estate executives, in partnership with investment firms Davidson Kempner Capital Management and Monarch Alternative Capital, announced the… Read more
Chicago/Midwest People & Company News, week of December 12, 2024
Project Management Advisors, Inc. (PMA) has welcomed Brad Moeller to its team as vice president. Based in the firm’s Chicago… Read more
JLL Tapped to Sell Four-Story Office Building in Ohio
JLL has been tapped to lead the sale of 501 W. Schrock Road, a 60,133-square-foot office building in Westerville, Ohio.… Read more
Lincoln Property Company to Develop Cleveland Browns MXU District
Lincoln Property Company announced it will be the development partner for the Cleveland Browns’ 176-acre mixed-use entertainment district in Brook… Read more
Dominium Obtains Construction Loan for Manor Affordable Housing Venture
Associated Bank and Great Southern Bank funded a $60,472,000 construction loan for Dominium to build a 324-unit affordable housing project, Emblem at… Read more
Columbus Lifestyle Center Unveils New Shops, Restaurants
Easton Town Center, a retail destination with over 250 shops, restaurants and entertainment venues, has added new brands, retailers, and… Read more
ExchangeRight Completes Nine-State Sale-Leaseback with Tractor Supply
Pasadena-based ExchangeRight acquired 13 net-leased properties for an undisclosed sum as part of a sale-leaseback transaction with Tractor Supply. The properties collectively… Read more
Former NASA Housing Development Receives C-PACE Financing
PACE Equity has financially supported the redevelopment of a former NASA Glenn Research Center housing development into a boutique hotel.… Read more
Clear Investment Group Expands Midwest Footprint
Clear Investment Group, a Chicago-based firm specializing in opportunistic real estate investment, has completed the acquisition of a 70-unit add-on… Read more
Chicago/Midwest People & Company News, week of November 22, 2024
Coastal Ridge, a real estate investment, development and property management firm exclusively focused on rented residential strategies, announced that Peter… Read more