Tuesday, October 3, 2023
Read the Digital Magazines Subscribe to the Magazines
Subscribe (newsletter)

Nebraska

DevelopmentMidwestNebraskaRetail

WarHorse Gaming Breaks Ground on New Facilities in Omaha, Expands in Lincoln

by Kristin Harlow

OMAHA, NEB. — WarHorse Gaming, a subsidiary of Ho-Chunk Inc., has begun construction on its new gaming facilities in Omaha and continues with the next phase of construction at its Lincoln facility. Kraus-Anderson is the construction manager. WarHorse Gaming Omaha will feature roughly 1,300 slots and 20 table games once complete. The first phase of the casino is slated to open about a year after the start of construction. The project also includes a parking garage that can accommodate all phases of the casino. WarHorse Gaming Lincoln’s next phase of construction will begin shortly after the Omaha facility’s construction starts. The expansion will double the size of the current facility and add an additional 500 parking stalls at the casino and racetrack. Plans call for 870 slot machines, six to 10 table games and an expanded dining area. Once fully constructed, the Lincoln facility will employ more than 500 people and generate roughly $14 million in tax revenue for the state. The second phase is expected to take about one year to complete. Subsequent construction phases will include the build-out of the full gaming floor, parking garage and hotel.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMidwestNebraskaRetail

Marcus & Millichap Arranges $7M Sale of Shopping Center in Omaha

by Kristin Harlow

OMAHA, NEB. — Marcus & Millichap has arranged the $7 million sale of Plaza Q36, an 81,592-square-foot shopping center in Omaha. The fully occupied property is located at 5101 S. 36th St. Alex Perez of Marcus & Millichap and his team represented the seller, a limited liability company. The undisclosed buyer purchased the center above asking price. Jon Ruzicka, Nebraska broker of record, assisted in closing the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIowaKansasMidwestMultifamilyNebraskaSeniors Housing

Tutera Acquires 10 Senior Living Communities in Iowa, Nebraska, Kansas

by Kristin Harlow

IOWA, NEBRASKA AND KANSAS — Tutera Senior Living & Health Care has acquired 10 communities in Iowa, Nebraska and Kansas, expanding the family-owned company’s footprint by more than 20 percent. The purchase price was undisclosed. The properties total 443 assisted living, memory care and residential care units with an average of 44 units each. Tutera is retaining all employees at the newly added communities to ensure continuity of care for residents. The properties include: Pinicon Place Senior Living in Anamosa, Iowa; Rolling Meadows Senior Living in Carroll, Iowa; Eiler Place Senior Living in Clarinda, Iowa; Amelia Senior Living in Council Bluffs, Iowa; Floyd Place Senior Living in Sergeant Bluff, Iowa; Cottonwood Place Senior Living in Columbus, Neb.; Pathfinder Place Senior Living in Fremont, Neb.; Morton Senior Living in Nebraska City, Neb.; Greene Senior Living in Seward, Neb.; and Abilene Place Senior Living in Abilene, Kan.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMidwestMultifamilyNebraska

Mogharebi Group Arranges Sale of 180-Unit Multifamily Property in Ralston, Nebraska

by Kristin Harlow

RALSTON, NEB. — The Mogharebi Group has arranged the sale of Fireside Village, a 180-unit apartment community in Ralston, a southern suburb of Omaha. The sales price was undisclosed. Built in 1972, the property is comprised of 11 buildings. About one-third of the units have been renovated. Amenities include a sauna, fitness center, playground, dog park, business center and laundry facilities. The community was 75 percent occupied at the time of sale. The Mogharebi Group represented the seller, a Colorado-based private investment group. The buyer, ARTISAN Capital Group, plans to rebrand the property as Wildewood Commons. The transaction represents the seller’s exit and the buyer’s entry into the Nebraska market. As part of the sale, the buyer assumed an agency loan with five years remaining on its term.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsDevelopmentIndustrialMidwestNebraska

Investors Realty Brokers 38.5-Acre Land Sale in Papillion, Nebraska

by Kristin Harlow

PAPILLION, NEB. — Investors Realty has brokered the sale of 38.5 acres of land at 14289 Prairie Corners Road in Papillion, a southern suburb of Omaha. The sales price was undisclosed. Kevin Stratman of Investors Realty represented the buyer, Keizer Refrigeration/Mid States Utility, which plans to relocate its Omaha operations to a new 50,000-square-foot facility to be built on the site. Located just north of a new Amazon fulfillment center, the tract of land is one of the final undeveloped industrial sites on the Highway 50 corridor, according to Investors Realty. Denny Sciscoe of Cushman & Wakefield/The Lund Co. and Erin Pogge of Traction CRE represented the undisclosed seller.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentHealthcareMidwestNebraska

McCarthy Breaks Ground on $33M Kearney Cancer Center for Nebraska Medicine

by Kristin Harlow

KEARNEY, NEB. — McCarthy Building Cos. has broken ground on Nebraska Medicine’s Kearney Cancer Center, a $33 million project in Kearney, a city in central Nebraska that is home to the University of Nebraska-Kearney. The 53,000-square-foot project encompasses a two-story outpatient medical facility specializing in cancer care. Nebraska Medicine will offer the services of medical and radiation oncology, infusion, laboratory and pharmacy, survivorship programs, genetics counseling and a healing garden. The cancer center will be part of the mixed-use University Village project. Completion is slated for December 2024. PACT Studios is the architect.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMidwestNebraskaRetail

Marcus & Millichap Arranges $3.6M Sale of Retail Property in Omaha

by Kristin Harlow

OMAHA, NEB. — Marcus & Millichap has arranged the sale of a 5,412-square-foot retail property in Omaha for $3.6 million. Constructed in 2021, the building is home to Bank of the West and Dave’s Hot Chicken and is located at 339 N. Saddle Creek Road. Brennan Clegg, Mark Ruble and Chris Lind of Marcus & Millichap represented the seller, a limited liability company. Buyer information was not provided.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentHealthcareMidwestNebraska

Koelbel & Co. Breaks Ground on $65M Healthcare Project at University of Nebraska Medical Center

by Kristin Harlow

OMAHA, NEB. — Koelbel & Co., in partnership with the University of Nebraska Medical Center (UNMC) and GreenSlate Development, has broken ground on the Innovation Hub at Catalyst, a $65 million project at the historic Omaha Mill site. The project is part of UNMC’s larger Saddle Creek redevelopment in Midtown Omaha that will serve to accelerate innovation in the healthcare industry. The Catalyst building will bring UNMC’s UNeMed and UNeTech branches together to facilitate the growth of research and innovation, and enable entrepreneurs, investors and innovators to collaborate on the former Omaha Steel Castings industrial site, which dates back to 1906. The 170,000-square-foot development will include a food hall and market, event center and collaborative office space. Completion is slated for late 2024. Koelbel previously built a Catalyst project in Denver.

Continue Reading
FacebookTwitterLinkedinEmail
Company NewsDevelopmentGeorgiaIndustrialNebraskaNew YorkRetailSouth CarolinaSoutheastTennesseeTexasTop Stories

Dollar General Grows Supply Chain Network by 3.2 MSF With Five Distribution Facilities

by John Nelson

GOODLETTSVILLE, TENN. — Dollar General Corp. (NYSE: DG) has announced recent expansions in its supply chain network that will grow the discount retailer’s distribution footprint by more than 3.2 million square feet. The Goodlettsville, Tenn.-based company has recently opened three new facilities and announced expansions of two existing campuses that will support Dollar General’s traditional goods, as well as its DG Fresh line of groceries. “The recent additions to our supply chain network aim to provide greater efficiencies, create additional jobs and drive positive economic impact,” says Tony Zuazo, executive vice president of Dollar General’s global supply chain. “We’re excited to continue growing our distribution center network to further support store growth and to better serve our customers and local communities.” Dollar General recently opened an 800,000-square-foot distribution center in Blair, Neb., that is expected to create approximately 400 new jobs at full capacity. The $140 million development is the company’s first ground-up dual facility, meaning it features both traditional distribution space and cold storage. Dollar General plans to host a formal opening ceremony for the facility this summer. The company recently increased distribution center storage capacity by more than 2 million square feet by opening two new permanent regional facilities …

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentIndustrialMidwestNebraska

Darland Breaks Ground on 408,332 SF Spec Warehouse in Gretna, Nebraska

by Kristin Harlow

GRETNA, NEB. — Darland Construction Co. has broken ground on a 408,332-square-foot speculative warehouse near the Nebraska Crossing Outlets in Gretna, about 20 miles southwest of Omaha. NewStreet Properties is the developer and plans to build the larger Gretna Logistics Park, which will feature nearly 2 million square feet upon full build-out. The first warehouse will feature a clear height of 36 feet, 41 docks and four drive-in doors. Completion of the building is slated for March 2024. Cushman & Wakefield/Lund Co. is handling leasing for the new development.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts