Ohio
Chicago-Based Pine Tree Acquires Cincinnati Retail Center for $80M
Pine Tree, a Chicago-based commercial real estate firm, has purchased the 460,893-square-foot Kenwood Square shopping center in Cincinnati, Ohio, for… Read more
Chicago/Midwest People & Company News, week of June 28, 2024
Kiser Group has promoted three team members, Jackson Medina, Noah Shutan, and Hunter Wern, from Associates to Advisors. This advancement… Read more
PACE Loan Group Provides $18M to Restart Cincinnati Hotel Project
PACE Loan Group (PLG) closed a $17.7 million PACE loan to complete a 136-key Hyatt House-branded hotel and attached medical… Read more
Wawa Breaks Ground in Three New States in the Midwest
Wawa, a Pennsylvania-based chain of convenience stores and gas stations, has officially broken ground on its first stores in Kentucky,… Read more
MAG Capital Partners Completes Industrial Sale-Leaseback
MAG Capital Partners acquired two industrial facilities in Western Pennsylvania in a sale-leaseback-structured transaction with HuFriedyGroup, a global manufacturer of… Read more
Baum Family Investments Acquires Midwest Net Leased Properties
Baum Family Investments (BFI) completed the acquisition of two prime single-tenant net leased properties. The properties are leased to blue-chip… Read more
Entertainment-Centered Cary Retail Center Flips for $30M
Cary’s MacGregor Village shopping center has been acquired by the investor trio of Blue Ridge Capital Fund, AB&B Commercial Real… Read more
Chicago/Midwest People & Company News, week of June 3, 2024
JLL has hired Kristen Vosmaer as a managing director for its growing Data Center Work Dynamics business. In this role,… Read more
CBRE Arranges Lease at Industrial Development in Dayton
CBRE has arranged a 264,000-square-foot, long-term lease for Accelevation at First Flight Commerce Center, a 1.786 million-square-foot, Class A, six-building,… Read more
Industrial Construction Costs Fall, Price Pressures Still in Play
A couple of years ago, industrial construction across the United States was red-hot, with a record amount of inventory coming… Read more
Matthews Closes SiteOne Portfolio Transaction for $11M
Matthews Real Estate Investment Services completed the sale of two industrial properties, 11864 Chesterdale Road in Cincinnati, Ohio, and 2515… Read more
Declining DSCRs Mean Potential Distress in Many Office Markets
Although the much-anticipated wave of office distress has yet to materialize, new research fromYardi Matrix shows that many markets are… Read more
Site Centers Divests Interests in Six Retail Centers for $495M
SITE Centers Corp. will sell its interests in six open-air shopping centers, including three in Ohio, to an affiliate of… Read more
3650 REIT, JP Morgan Chase Provide $62M Refi on Columbus Industrial
3650 REIT and JPMorgan Chase & Co. have originated a $62 million loan to refinance Columbus Business Park, a 2.2… Read more
Ohio Set to Open First Buc-ee’s Store in Huber Heights
Ohio is set to get the state’s first Buc-ee’s after Huber Heights city commissioners voted unanimously to approve the final… Read more
RentCafe Says Adaptive Reuse on the Rise, YoY Growth is 17%
A recent article from RentCafe reported that adaptive reuse projects gained steam in 2023. Specifically, 17.6% more apartments were converted… Read more