Midwest

Graves Hospitality Opens Renovated DoubleTree by Hilton Racine Harbourwalk in Wisconsin

by Amy Works September 30, 2016

RACINE, WIS. — Graves Hospitality and Hilton have opened DoubleTree by Hilton Racine Harbourwalk, located at 223 Gaslight Circle in Racine. The 121-room hotel recently underwent a one-year, multi-million-dollar renovation to transform the former independently branded hotel into a DoubleTree by Hilton. The hotel features the DoubleTree Sweet Dreams Sleep Experience, free WiFi, Third Coast Wood Fire Pizza & Pub, outdoor tiki bar, indoor pool and whirlpool, and 24-hour fitness and business centers. Additionally, the property offers 4,000 square feet of meeting, event and banquet facilitates. Graves Hospitality owns and manages the hotel.

September 30, 2016

Illinois Midwest Retail

Leopardo Cos. Completes 265,000 SF Retail Development in Chicago

by Amy Works September 30, 2016

CHICAGO — Leopardo Cos. has completed the construction of a 265,000-square-foot retail development located at 3030 N. Broadway in Chicago’s Lakeview neighborhood. A 71,000-square-foot Mariano’s Fresh Market anchors the five-story center. Additional tenants include XSport Fitness, Starbucks Coffee and PNC Bank. The center also features two levels of parking with 266 stalls and multiple sustainable features. The development team included Gene Porto, Timothy Barrett and Seymour Taxman and the architect was Antunovich Associates.

September 30, 2016

Midwest Minnesota Office

SARA Investment Real Estate Acquires River Park Plaza in St. Paul

by Amy Works September 30, 2016

ST. PAUL, MINN. — SARA Investment Real Estate has acquired River Park Plaza, an office building located at 10 River Park Plaza in St. Paul, for an undisclosed sum. The eight-story property features 328,947 square feet of office space. At the time of sale, the building was 88 percent occupied by a variety of tenants, including St. Paul Pioneer Press, Comcast and Gillette Children’s Specialty Healthcare. The transaction is SARA’s first acquisition in the St. Paul market. The name of the seller was not released.

September 30, 2016

Kansas Midwest Office

Colliers Negotiates Acquisition of Office Building in Lawrence, Kansas

by Amy Works September 30, 2016

LAWRENCE, KAN. — Colliers International has arranged the acquisition of an office building located at 401 Arkansas St. in Lawrence. Kinetikos Bodywork Therapy purchased the 1,691-square-foot office building from George R. Learned Estate for an undisclosed price. Kirsten Flory of Colliers represented the buyer, while Doug Brown of McGrew Commercial represented the seller in the deal.

September 30, 2016

Michigan Midwest Office Retail

Midwest Realty Group Brokers Two Leases Totaling 6,049 SF in Michigan

by Amy Works September 30, 2016

ALPINE TOWNSHIP AND PORTAGE, MICH. — Midwest Realty Group has arranged two leases totaling 6,049 square feet of retail space in Alpine Township and Portage. In the first deal, Great Lakes Outpost LLC leased 3,862 square feet of retail space at 4147 Alpine Ave. in Alpine Township. This location will be the online retailer’s first brick-and-mortar store. Midwest Realty Group represented the tenant and landlord, Alpine Valley LLC in the transaction. In the second deal, Reverse Mortgage Funding LLC leased 2,187 square feet of office space at 3275 Cooley Court in Portage. Midwest Realty Group represented the tenant and landlord, Cooley Park I LLC, in the transaction.

September 30, 2016