Saturday, July 4, 2026
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Midwest

KansasMidwestRestaurantRetail

Block & Co. Brokers Sale of Restaurant Building in Mission, Kansas

by Kristin Harlow

MISSION, KAN. — Block & Co. Inc. Realtors has brokered the sale of a restaurant building formerly occupied by Runza in Mission, just south of Kansas City. The sales price was not disclosed. The 2,515-square-foot property is a pad site near the Mission West Shopping Center. David Block, Alex Block and Max Kosoglad of Block & Co. negotiated the transaction on behalf of the buyer, an investment group managed by Block & Co. The team manages the property and is in the process of leasing the space to a replacement restaurant concept.

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MidwestNebraskaOffice

Noddle to Develop $76M Headquarters for Kiewit Corp. in Downtown Omaha

by Kristin Harlow

OMAHA, NEB. — The Noddle Cos. has been selected to develop the new corporate headquarters for Kiewit Corp. in north downtown Omaha. The office building will range from 165,000 to 185,000 square feet. HDR designed the project, which also includes a parking garage for 650 cars. Construction costs are estimated at $76 million. The new headquarters for the construction and engineering organization will be situated across the street from Kiewit University. Construction is scheduled to begin in October and finish in 2020.

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LoansMidwestMinnesotaStudent Housing

University Partners Receives $49M Acquisition Loan for Student Housing Property Near University of Minnesota

by Kristin Harlow

MINNEAPOLIS — University Partners has received a $49 million loan for the acquisition of Stadium View in Minneapolis near the University of Minnesota. The student housing property consists of 956 beds within 277 units. Located at 2508 Delaware St., the nine-story property features a mix of studio, one-, two-, three- and four-bedroom units that average 1,102 square feet. Amenities include a 24-hour concierge desk, private study rooms, tanning beds, game room, yoga studio and fitness center. Doug Opalka and Jules Sherwood of HFF originated the 10-year Freddie Mac loan.

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IllinoisMidwestOffice

American Landmark Properties Completes Lease-Up of Office Park in Skokie, Illinois

by Kristin Harlow

SKOKIE, ILL. — American Landmark Properties has completed the lease-up of its Illinois Science + Technology Park (ISTP) in Skokie, a northern suburb of Chicago. Vetter Pharma International USA and Charles River Laboratories International recently signed lease expansions. Vetter now occupies a total of 49,000 square feet, and Charles River has expanded to 34,056 square feet. American Landmark acquired the 24-acre research, lab and office campus one year ago when it was 86 percent leased. The real estate investment group plans to redevelop an existing 130,000-square-foot building located within ISTP at 8030 Lamon Ave. Five other build-to-suit sites provide a total development capacity of an additional 1.3 million square feet, according to John Roeser, executive vice president of American Landmark. Scott Brandwein and David Saad of CBRE are the leasing agents for ISTP.

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LoansMidwestNorth DakotaRetailSouth Dakota

Dougherty Provides $25.2M Refinancing of Five-Property Retail Portfolio in the Dakotas

by Kristin Harlow

FARGO, N.D. — Dougherty Funding LLC has provided a $25.2 million loan for the refinancing of a five-property retail portfolio in both North Dakota and South Dakota. The unnamed properties total 222,945 square feet and are located in Fargo and Grand Forks, N.D., as well as Sioux Falls, S.D. Dougherty’s Minneapolis office served as lead lender and servicer for the loan. The borrower was not disclosed.

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MidwestMinnesotaOffice

Marcus & Millichap Arranges $3.3M Sale of Office Property in White Bear Lake, Minnesota

by Kristin Harlow

WHITE BEAR LAKE, MINN. — Marcus & Millichap has arranged the sale of Oak Ridge Centre in White Bear Lake, 20 miles northeast of Minneapolis, for $3.3 million. The 23,641-square-foot office property is located at 4801 Highway 61 N. Tenants were not disclosed. Michael Ahles of Marcus & Millichap marketed the property on behalf of the seller, a partnership. Ahles also secured the buyer, a local private investment group.

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IndustrialMidwestWisconsin

CTDI Signs 166,620 SF Industrial Lease in Pleasant Prairie, Wisconsin

by Kristin Harlow

PLEASANT PRAIRIE, WIS. — CTDI has signed a 166,620-square-foot industrial lease at Majestic Badger Logistics Center in Pleasant Prairie, about 37 miles south of Milwaukee. The global engineering, repair and logistics company will occupy the space within the 424,164-square-foot Building 1. Features of this building include a clear height of 36 feet, ESFR sprinkler system, large truck courtyard, 292 car parking spaces and office space. CTDI is the first tenant within the industrial park, which is owned by Majestic Realty Co. John Morrissey of Jackson Cross Partners represented CTDI in the lease transaction.

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IndustrialMidwestOhio

Combi Packaging Inks 156,000 SF Lease for Office, Manufacturing Headquarters in North Canton, Ohio

by Kristin Harlow

NORTH CANTON, OHIO — Combi Packaging Systems LLC has signed a 156,000-square-foot lease at 6299 Dressler Road N.W. in North Canton, about 20 miles south of Akron. The facility will serve as Combi’s new corporate office and house its manufacturing, engineering and management departments. A joint venture company with 3M Packaging Systems Division and the MJ Maillis Group, Combi is a manufacturer of end-of-line packaging equipment. Herb Verderber of CBRE represented the tenant in the lease transaction. Sean Sanford of CBRE represented the landlord, One Whipple Co. LLC.

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IllinoisMidwestRetail

Baum Realty Arranges $6.3M Sale of 29,764 SF Retail Center in Chicago

by Kristin Harlow

CHICAGO — Baum Realty Group LLC has arranged the sale of Albany Square in Chicago for $6.3 million. The 29,764-square-foot retail center is located at 4415-4453 N. Pulaski Road in Chicago’s Albany Park neighborhood. Some of the tenants at the property include Subway, Wingstop and Little Caesars. Greg Dietz, Brad Teitelbaum and Danny Spitz of Baum represented the undisclosed seller in the transaction. A local investor acquired the asset.

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MichiganMidwestRetail

Redline Athletics to Open Youth Training Center in Dexter, Michigan

by Kristin Harlow

DEXTER, MICH. — Redline Athletics has signed a 10,581-square-foot retail lease in Dexter, about 10 miles northwest of Ann Arbor. The youth athletic training center for ages 8-18 will occupy the currently vacant space at 7007-7093 Dexter Ann Arbor Road. This will be the second metro Detroit location for the company, following Farmington Hills. Ben Hubert and Benji Rosenzweig of Colliers International represented the tenant in the lease transaction. The landlord was not disclosed.

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