Tuesday, July 28, 2026
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IndianaIndustrialMidwest

America Place Completes Construction of Industrial Building in Jeffersonville, Ind.

by Jonathan Mehall

JEFFERSONVILLE, IND. — America Place has completed construction of its second industrial building at River Ridge Commerce Center in Jeffersonville, approximately three miles outside of Louisville. America Place has invested over $100 million in the River Ridge development. The 252,515-square-foot building completed in the second phase comes on the heels of the 150,000-square-foot facility that America Place built last year on the River Ridge Campus. A third building, which will span 200,000 square feet and be located at the intersection of Salem Road and Trey Street, is slated for completion later this year. America Place is in negotiations with several potential tenants for the buildings completed in Phases II and III, but no leases have been signed yet.

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MichiganMidwestOffice

Signature Associates to Market 100,000 SF Office Building for Sale or Lease in Detroit

by Jonathan Mehall

DETROIT — Alidade Capital has selected Signature Associates to market 1900 St. Antoine, a 100,000-square-foot, Class A office property in Detroit, for sale or lease. The building, which is adjacent to Ford Field, was built in 2005 and features ample covered parking with an on-site garage, flexible floor plans, an on-site security desk, modern common areas and high-end finishes. Building signage and corporate branding opportunities are also available. The central downtown Detroit location makes it walkable to amenities in the central business district  and provides easy access to the I-75 and I-375 expressways. Garrett Keais and Jarrod Champine of Signature Associates are the listing brokers representing Alidade Capital, the building owner.

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MidwestMinnesotaOffice

Colliers International Brokers Sale of River Park Plaza in St. Paul, Minn. to Cohen Equities

by Jonathan Mehall

ST. PAUL, MINN. — Colliers International has brokered the sale of the River Park Plaza office building in St. Paul to Cohen Equities, a New-York based real estate firm. Cohen Equities acquired the 343,000-square-foot building at auction. The building sale closed on Friday, July 24. The property is located at 10 River Park Plaza along the Mississippi River. Comcast’s regional office is a main tenant of River Park. Bob Pounds of Colliers’ Minneapolis-St. Paul office represented LNR Property LLC, the seller of the building. In addition to managing the leasing for the building, Colliers has also been selected by Cohen Equities to manage the property. According to the Minneapolis/St. Paul Business Journal, the final bidding price on 10 River Park Plaza before the time of sale was $20.1 million

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IndustrialMidwestWisconsin

Joint Real Estate Fund Acquires 114,000 SF Warehouse Building in Wauwatosa, Wis.

by Jonathan Mehall

WAUWATOSA, WIS. — A joint real estate fund formed by Innovative Capital Advisors (ICA) and HSA Commercial Real Estate has closed on the acquisition of the 114,000-square-foot Wauwatosa Business Plaza. The industrial building is located at 3031 N. 114 St. in Wauwatosa, seven miles west of Milwaukee. Terms of the acquisition were not disclosed. The industrial plaza shares a lighted intersection with The Mayfair Collection, a 270,000-square-foot retail shopping center. The plaza is currently 50 percent occupied by warehousing tenants including a Habitat for Humanity ReStore donation center and resale shop. ICA and HSA do not have any immediate redevelopment plans for the property. James Barry, Kevin Barry and David Barry of DTZ Barry represented the undisclosed seller in the transaction.

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IllinoisMidwestRetail

Quantum Real Estate Advisors brokers sale of a 47,158 SF shopping center in Lansing, Ill.

by Jonathan Mehall

LANSING, ILL. — Quantum Real Estate Advisors Inc. has brokered the sale of a 47,158-square-foot multi-tenant retail center for $2.9 million located at 17030 S. Torrence Ave. in Lansing, about 27 miles south of Chicago. A Dollar General anchors the property. The retail center was 75 percent occupied at the time of sale. A local real estate investor based in Schaumburg, Ill., sold the property. The buyer was a private real estate investor based in Milwaukee. Chad Firsel and Daniel Waszak of Quantum were the sole brokers in the transaction.

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HospitalityMidwestMissouri

HREC Arranges Sale of Embassy Suites St. Louis Airport
 in Bridgeton, Mo.

by Jonathan Mehall

BRIDGETON, MO. — HREC has arranged the sale of a 163-room, full-service Embassy Suites St. Louis Airport Hotel in Bridgeton, located about 20 miles northwest of St. Louis. Terms of the transaction were not disclosed. The hotel is situated immediately off I-70 and is less than two miles from Lambert-St. Louis International Airport, a major hub for Southwest Airlines. Monty Levy, Jeff Preston and Scott Stephens of HREC represented the seller, Fairwood Capital LLC, in the transaction. The property was purchased by an institutional buyer and will be managed by Schulte Hospitality Group.

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MidwestOhioRetail

Marcus & Millichap Brokers Sale of a 6,100 SF Retail Property in Hilliard, Ohio

by Jonathan Mehall

HILLIARD, OHIO — Marcus & Millichap has brokered the sale of a 6,100-square-foot retail center to an undisclosed buyer for $3.6 million in Hilliard. The center is located at 1593 Hilliard Rome Road, about 14 miles northwest of Columbus. A Starbucks and Mattress Firm occupy the property. Construction on the retail center was completed this summer. Lisa Sickinger of Marcus & Millichap’s Cincinnati office represented the seller, a limited liability company.

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HospitalityIllinoisMidwest

Hyatt Centric The Loop Chicago Celebrates Grand Opening

by Jonathan Mehall

CHICAGO — Hyatt Centric The Loop Chicago, located downtown at 100 W. Monroe St., celebrated its grand opening on Thursday, July 30. The 22-story historic building was originally constructed in 1927. Hyatt Centric The Loop Chicago features 257 guestrooms, 2,500 square feet of meeting space, a 24-hour fitness center, rooftop bar and a French bistro restaurant. Located in the Loop district, the hotel puts guests near many external attractions such as Millennium Park, Navy Pier and The Art Institute of Chicago. Integrated Clark Monroe LLC owns Hyatt Centric The Loop Chicago, which is operated by Interstate Hotels & Resorts.

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HealthcareIllinoisMidwest

I.M. Construction Group Completes Construction of Illinois Bone and Joint Institute

by Jonathan Mehall

LIBERTYVILLE, ILL. — I.M. Construction Group (IMCG) has completed the construction of a 7,500-square-foot, single-story building for the Illinois Bone & Joint Institute (IBJI) located at 724 Florsheim Drive in Libertyville, a northern suburb of Chicago. Construction included the demolition of the existing interior and the build-out of new medical office space with therapy areas and exam rooms. IBJI is relocating its physical and occupational therapy space to the new building from an adjacent location at 720 Florsheim Drive, where it will also continue to maintain operations. Brubaker Architects provided architectural services for the project.

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IllinoisMidwestRetail

J.C. Anderson Inc. Selected to Complete Renovation for DePaul’s University Loop Cafeteria

by Jonathan Mehall

CHICAGO — J.C. Anderson Inc. has been selected to complete a 9,000-square-foot build-out to DePaul University’s Chartwells Cafeteria on the Loop Campus located at 1 E. Jackson St. Renovations on the 11th floor cafeteria space include an all new dining area, new equipment and food prep stations. Construction is scheduled for completion in September. Nvironment Architecture is providing the architectural services.  Katrina Latendorf from DePaul University is coordinating construction management responsibilities.

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