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Jarbou Ronnisch Construction Buys Detroit Office Building from Bedrock

Kristin Harlow — Fri, 30 Oct 2026 13:47:12 +0000

DETROIT — Jarbou Ronnisch Construction (JRC) has acquired an office building located at 1265 Griswold St. in Detroit’s Capitol Park from Bedrock. The company is expanding its Detroit presence and will occupy 6,000 square feet of the building’s fourth floor. JRC, which anticipates moving into the space in the second quarter of 2027, will invest between $3 and $4 million in capital improvements, including façade renovations and tenant build-outs. Current tenants include Gensler. The historic property totals 35,000 square feet and rises six stories. Constructed in 1897, the building was designed by the Detroit architectural firm Spier & Rohns. In 2013, Bedrock purchased the asset, which was renovated by Neumann Smith Architects. JRC’s sister company, Symmetry Management, will serve as property manager.

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Timberland Partners Acquires 192-Unit Apartment Community in Chesterfield, Missouri

Kristin Harlow — Fri, 30 Oct 2026 13:46:14 +0000

CHESTERFIELD, MO. — Timberland Partners has acquired ReNew Chesterfield, a 192-unit apartment community in the St. Louis suburb of Chesterfield. Timberland has renamed the property Linden Ridge. The transaction marks Timberland’s fourth multifamily acquisition this year and brings the company’s St. Louis portfolio to 3,346 units across 13 apartment communities. Built in 1984, Linden Ridge features one- and two-bedroom units along with recently upgraded amenities. Timberland plans to make additional investments in the property, including improvements to unit interiors. Linden Ridge is adjacent to Willowbend Apartments, another property owned and operated by Timberland.

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Cooper Group Brokers $7M Sale of Springdale Town Center in Cincinnati

Kristin Harlow — Fri, 30 Oct 2026 13:45:31 +0000

CINCINNATI — The Cooper Commercial Investment Group has brokered the $7 million sale of Springdale Town Center in Cincinnati. Bob Havasi and Dan Cooper of Cooper Group represented the seller, an East Coast-based private investment group. A private New York-based group purchased the property at a cap rate of 7.3 percent and 99 percent of the list price. The property totals 43,071 square feet.

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MINISO LAND Opens at Easton Town Center in Columbus, Ohio

Kristin Harlow — Fri, 30 Oct 2026 13:44:53 +0000

COLUMBUS, OHIO — MINISO LAND has opened at Easton Town Center in Columbus. MINISO is a global lifestyle retailer offering a selection of toys, plushies, collectibles, stationery, beauty essentials, home goods, fragrances, electronics and snacks. The new store is located inside the Easton Station Building. Expanding on the traditional MINISO store format, MINISO LAND offers a more immersive shopping experience with a greater emphasis on collectibles, character-driven merchandise and popular brand collaborations.

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Northmarq Arranges Sale of 627-Unit Meadowbrook Apartments in Lawrence, Kansas

Kristin Harlow — Thu, 29 Oct 2026 13:41:31 +0000

LAWRENCE, KAN. — Northmarq has arranged the sale of Meadowbrook Apartments, a 627-unit community and adjacent 4.3-acre development tract in Lawrence. Casey Wilhm, Jeff Lamott and David Belpedio of Northmarq represented the sellers, Meadowbrook Investors LC and M-10 Holdings LC. The buyers were The Meadow KS LLC and The Lawn KS LLC. The property marks the largest multifamily sale in Lawrence history by unit count, bed count and total consideration, according to Northmarq. Meadowbrook offers a mix of studio, one-, two-, three- and four-bedroom units, as well as townhome and duplex-style residences. Amenities include a pool, fitness center, activity room and 24-hour emergency maintenance service. The community is located just west of the University of Kansas campus.

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Venture One, BGO to Break Ground on 719,200 SF Spec Industrial Facility in Geneva, Illinois

Kristin Harlow — Thu, 29 Oct 2026 13:40:56 +0000

GENEVA, ILL. — Venture One Real Estate, in partnership with BGO, will break ground on Venture Park Geneva, a 719,200-square-foot speculative industrial development in Geneva. The project site, spanning 54 acres, is located within the Fox Valley industrial submarket and offers convenient access to I-88 via the full interchange at Farnsworth Avenue. The facility will offer flexibility to accommodate users requiring 400,000 square feet or more. The project will feature a clear height of 40 feet, 120 dock positions and 555 car parking stalls. Brian Kling and Reed Adler of Colliers will market the property for lease.

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Colliers Brokers $15.3M Sale of South Pointe Apartments in Bloomington, Minnesota

Kristin Harlow — Thu, 29 Oct 2026 13:40:32 +0000

BLOOMINGTON, MINN. — Colliers has brokered the $15.3 million sale of South Pointe Apartments, a 142-unit community in Bloomington. Drew Jackson, Dan Linnell, Mox Gunderson, Adam Haydon and Devon Dvorak of Colliers represented the seller, Highland Management Group Inc., the property’s longtime owner and operator. Colliers also arranged acquisition financing on behalf of the buyer, Minnesota-based Black Swan Real Estate.

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Standard, Endeavor Sell 174,288 SF Cobalt Business Center in Metro Minneapolis

Kristin Harlow — Thu, 29 Oct 2026 13:39:51 +0000

MENDOTA HEIGHTS, MINN. — Standard Real Estate Investments LP and Endeavor Development have sold Cobalt Business Center, a 174,288-square-foot industrial facility in Mendota Heights. A private investor acquired the asset. Located on a 10.1-acre infill site, Cobalt Business Center offers access to MSP International Airport and major corridors including I-494, I-35E and Highways 55 and 62. The property features a clear height of 32 feet, 15 dock positions, motion-sensing LED light fixtures, ESFR fire protection sprinkler system and 4,000 amps of power. The property, formerly a vacant office asset, was transformed into a modern industrial building in 15 months. The property was fully pre-leased prior to construction completion.

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Omaha’s Next Avenue: A Destination in the Making

Hayden Spiess — Thu, 29 Oct 2026 12:00:00 +0000

How Avenue One is accelerating the next generation of retail growth in Omaha. By Abby Cox Retail has a simple rule: Follow the people. In Omaha, Nebraska, the people have been moving west, and as new neighborhoods, businesses and households reshape the city’s increasingly affluent western edge, the demand for places to shop, eat and gather has followed close behind. Now, at the intersection of 192nd Street and the Dodge Expressway, that growth is converging in Omaha’s most ambitious retail development to date. Avenue One is being designed as more than a collection of stores — it’s a new retail destination built around the idea that Omaha’s next generation of growth deserves a retail environment to match it. Avenue One is the long-awaited realization of a vision from Omaha-based JSP Development, which assembled the 200-acre site over more than two decades. When the first piece of ground was purchased, 192nd Street was a two-lane gravel road. Now, that same street is six lanes, with the Dodge Expressway seeing more than 72,000 cars per day. Average household income exceeds $200,000, resulting in some of the strongest demographics in the Midwest. JSP Development and Poag Development Group are leading development, while JLL…

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Northmarq Brokers Sale of 312-Unit Luxury Apartment Community in Clarksville, Indiana

Kristin Harlow — Wed, 28 Oct 2026 13:42:02 +0000

CLARKSVILLE, IND. — Northmarq has brokered the sale of The Bend Apartments, a 312-unit luxury apartment community in Clarksville. Built in 2023, the property features one-, two- and three-bedroom units. Amenities include a pool, fitness center, clubhouse, ping pong and shuffleboard tables, onsite parking and a dog park. Bobby Schiavone, Jordan Arand and Adam Klenk of Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor.

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JLL Arranges Sale of 825,322 SF Industrial Portfolio in Metro Columbus

Kristin Harlow — Wed, 28 Oct 2026 13:41:22 +0000

CANAL WINCHESTER, OHIO — JLL Capital Markets has arranged the sale of Canal Pointe Industrial Park, an 825,322-square-foot industrial portfolio in Canal Winchester near Columbus. Delivered in 2023, the property consists of two distribution facilities, including a 450,696-square-foot cross-dock facility and a 374,626-square-foot rear-load building. Both feature clear heights of 36 feet, ESFR fire protection systems, LED lighting, modern loading configurations and substantial parking for trailers and passenger vehicles. The portfolio is fully leased to three tenants operating in the logistics and electrical distribution industries. A global transportation and logistics provider occupies more than 80 percent of the portfolio’s rentable area. Ed Halaburt, Kurt Sarbaugh, Sean Devaney and Ross Bratcher of JLL represented the seller.

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Baldwin Supply to Expand Sioux Falls Facility to 50,000 SF

Kristin Harlow — Wed, 28 Oct 2026 13:40:37 +0000

SIOUX FALLS, S.D. — Baldwin Supply, an independently owned Midwest distributor of industrial components and supplies, is tripling the size of its Sioux Falls branch to more than 50,000 square feet. Since opening in 2001, Baldwin’s Sioux Falls branch at 908 E. Amidon St. has grown into a regional hub serving customers throughout South Dakota, neighboring western states, southwest Minnesota and northwest Iowa. The branch serves OEM and MRO customers across the aggregate, agriculture, construction, food-and-beverage, manufacturing, meat and poultry, and mining industries. The expansion project will provide additional warehouse and office space, enabling Baldwin to stock deeper local inventory. Additional features include a dedicated customer training center and a new indoor truck pull-through with an overhead crane system. Reynolds Construction Management is leading construction, which is slated for completion in early 2027.

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CBRE Negotiates $15.6M Sale of Convenience Store Property in Suburban Columbus

Kristin Harlow — Wed, 28 Oct 2026 13:39:53 +0000

JOHNSTOWN, OHIO — CBRE has negotiated the $15.6 million sale of a newly developed truck stop and convenience store property occupied by 7-Eleven (Speedway) in Johnstown near New Albany. The 4,816-square-foot property sits at the entrance to the 9,000-acre New Albany International Business Park. 7-Eleven occupies the asset under a new 15-year triple-net lease. CBRE’s Melissa Marshall, Ian Schroeder and David McNevin represented the buyer, a private investor based in southern California. The seller was an Ohio-based commercial real estate developer.

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Cronheim Arranges $27M Refinancing for 929,119 SF Industrial Portfolio in Columbus

Kristin Harlow — Tue, 27 Oct 2026 14:18:52 +0000

COLUMBUS, OHIO — Cronheim Mortgage has arranged $27 million in refinancing across two transactions secured by four fully occupied industrial buildings totaling 929,119 square feet in Columbus. The new loans increased total proceeds by $7.5 million from the prior financing. Dev Morris and Andrew Stewart placed the financing with one of Cronheim’s correspondent insurance companies. The two loans feature 20-year terms with the interest rates resetting every five years. The larger transaction, a $20.5 million loan, is secured by three buildings totaling 770,569 square feet on Fisher Road. A $6.5 million loan is for a 158,550-square-foot facility at 4545 Groves Road.

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Colliers Negotiates 599,152 SF Industrial Lease Renewal in Indianapolis

Kristin Harlow — Tue, 27 Oct 2026 14:18:09 +0000

INDIANAPOLIS — Colliers has negotiated a 599,152-square-foot industrial lease renewal at 8677 Logo Court in Indianapolis. Jason Speckman of Colliers represented ownership, Link Logistics. Billy Powers, Jimmy Cohoat, Romy Zeid and Tucker Forbes of Colliers represented the undisclosed tenant. Built in 1991, the property sits on nearly 26 acres and features a clear height of 28 feet, cross-docked configuration and 6,400-amp, three-phase electrical service.

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Associated Bank Provides $16.5M in Financing for Multifamily Property in Libertyville, Illinois

Kristin Harlow — Tue, 27 Oct 2026 14:17:26 +0000

LIBERTYVILLE, ILL. — Associated Bank has provided a $16.5 million loan toward the $22 million acquisition of Eleven5 Lake Apartments in Libertyville. The property features 34 units, 41 parking spaces and 25,147 square feet of commercial space. The apartments were 97 percent occupied at the time of acquisition. The commercial space is fully leased to five tenants: TLP Management, Egg Harbor Café, Shakou, The Board Room and Casa Bonita. Daniel Barrins of Associated Bank managed the loan arrangements and closing. Philip Galligan, Annie Thomas, Merrick Evans and Patricia Heminger of JLL arranged the debt on behalf of the undisclosed sponsor.

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Hanley Investment Group Brokers Sale of 13,308 SF Retail Center in Metro Milwaukee

Kristin Harlow — Tue, 27 Oct 2026 14:16:21 +0000

GLENDALE, WIS. — Hanley Investment Group Real Estate Advisors has arranged the sale of Cornerstone Shopping Center, a 13,308-square-foot retail center located in the North Shore trade area across from Bayshore, a mixed-use destination. Jeff Lefko and Bill Asher of Hanley, in association with ParaSell Inc., represented the seller, a private investor from North San Diego County. The buyer was SW Neighborhood Centers IV, an affiliate of Alabama-based commercial real estate firm Shannon Waltchack. The two-building property in Glendale was fully occupied at the time of sale. Built in 2003, the center is home to four tenants: Wild Fork Foods, Pearle Vision, Panera Bread and Vivo Infusion.

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MMCC Arranges $25M Acquisition Loan for Retail Property in Troy, Michigan

Kristin Harlow — Mon, 26 Oct 2026 13:03:40 +0000

TROY, MICH. — Marcus & Millichap Capital Corp. (MMCC) has arranged $25 million in financing for the acquisition of a 62,364-square-foot retail property in Troy. Todd Phillips of MMCC arranged the loan through a national bank. It features a seven-year term, 6.1 percent interest rate and 30-year amortization period. The property, located near I-75, is home to several national restaurants and retailers.

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Deloitte Renews 22,040 SF Office Lease in Downtown St. Louis

Kristin Harlow — Mon, 26 Oct 2026 13:03:01 +0000

ST. LOUIS — Longtime tenant Deloitte has renewed its office lease for 22,040 square feet at the Deloitte Building in downtown St. Louis. Additionally, owner Stanton Road Capital (SRC) has completed The Outpost, a new amenity center at the 12-story building. The Outpost includes a fully modernized fitness center, conference facility, lounge and grab-and-go food-and-beverage options. The amenity package is part of SRC’s broader repositioning of the 260,000-square-foot property. Andy Gooliak, John Salsberry and Aly Brooks of Colliers represented Deloitte. Tom Bajardi, Brandon Wappelhorst and Nick Fiquette of Sansone Group are the leasing brokers for the Deloitte Building.

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Byline Bank Provides $17.5M in Financing for Multifamily Property in Columbus

Kristin Harlow — Mon, 26 Oct 2026 13:02:17 +0000

COLUMBUS, OHIO — Byline Bank’s Commercial Real Estate Group has provided a $17.5 million term loan to The Schirm Firm to finance the acquisition of Trotters Park, a multifamily property located at 720 Michigan Ave. in Columbus. The community is situated in an infill pocket between downtown Columbus and The Ohio State University. A citywide walking and bike trail borders the property. Sarah Hunter, Mason Tittle, Matt Smith and Eric Estela of Byline Bank handled the transaction.

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