Midwest

MEDICAL CENTER IN SIOUX CITY TO OPEN IN 2013

by admin August 7, 2012

SIOUX CITY, IOWA — St. Luke's Health System has broken ground on its Sunnybrook area medical campus in Sioux City. Set to open in 2013, the 86,313-square-foot Sunybrook Medical Plaza will serve as a regional hub for healthcare delivery in the tri-state area. Services will include family practice, urgent care, imaging, cardiology and other specialty clinics. The two-story facility will be situated on 16 acres. The project team includes Irgens as development manager; Eppstein Uhen and Cannon Moss Brygger & Associates as architects; and W.A. Klinger as general contractor.

August 7, 2012

CBL & ASSOCIATES TO DEBUT AMC THEATER RENOVATIONS

by admin August 7, 2012

CHICAGO RIDGE, ILL. — Chicago Ridge Mall is set to debut its newly renovated AMC Lowes 6 Theater Aug. 9 and has announced several new tenants that will join the 833,000-square-foot shopping center in Chicago Ridge. Upgrades to the theater include a new lobby, ticket kiosks, concession area and new leather seats. CBL & Associates, which owns and manages the property, has also signed four new tenants to the shopping center: Crazy 8, Old Navy, Kids Foot Locker and Wetzel's Pretzels.

August 7, 2012

Healthcare Midwest

TRIA ORTHOPAEDIC CENTER EXPANDS OPERATIONS IN BLOOMINGTON

by admin August 7, 2012

BLOOMINGTON, MINN. — TRIA Orthopaedic Center has signed a lease for 32,400 square feet of space at 3800 American Blvd. West in Bloomington. The building is located next to TRIA's 100,000-square-foot main facility at 8100 Northland Drive. TRIA, the official service provider for professional Minnesota sports teams for more than 25 years, plans to use the new space for the company's administrative, training and physical therapy functions. Gordie Hampson and Jason Butterfield of Cushman & Wakefield/NorthMarq represented the building owner, Metropolitan Life, in the transaction. Dean Williamson of Frauenshuh Commercial Real Estate Group represented TRIA.

August 7, 2012

Industrial Midwest

L.A. FIRM ACQUIRES 2.8 MILLION SF INDUSTRIAL PORTFOLIO IN OHIO

by admin August 7, 2012

COLUMBUS, OHIO — Hackman Capital, an investment firm based in Los Angeles, has purchased a 2.8-million-square-foot industrial portfolio from Schottenstein Property Group. The portfolio contains 45 industrial and flex buildings. Fourty-four of the facilities are located in the Columbus metro area and one is located in Ruther Glen, Va. Hackman will oversee the new assets, along with its Midwest operations, from its Columbus office.

August 7, 2012

Industrial Midwest

INDUSTRIAL DEVELOPER BUYS DISTRIBUTION BUILDING IN BATTLE CREEK

by admin August 6, 2012

BATTLE CREEK, MICH. — Agracel Inc., an industrial developer, has purchased a 308,730-square-foot distribution building at 2500 Logistics Dr. in Battle Creek. The property is situated on 24 acres and features 26-foot clear ceiling heights, 33 truck docks, one drive-in door and 7,650 square feet of air-conditioned office space. The facility is situated midway between Chicago and Detroit off I-94 in the Fort Cluster Industrial Park. Rob Gemerchak of Binswanger represented the seller, MS Skyline LLC, in the transaction.

August 6, 2012

Hospitality Midwest

TMI OPENS FIRST RESIDENCE INN BY MARRIOTT IN NORTH DAKOTA

by admin August 6, 2012

BISMARCK, N.D. — TMI Hospitality has opened North Dakota's first Residence Inn by Marriott, located at 3421 N. 14th St. in Bismarck. The 92-room, extended-stay hotel is located minutes from the Kirkwood Mall, the North Dakota State Capital and Bismarck State College. Amenities at the hotel include a full break fast buffet, swimming pool, exercise facility, meeting rooms and outdoor patio with fireplace. TMI owns and operates two other properties in Bismarck, the Fairfield Inn and Suites North and Fairfield Inn and Suites South.

August 6, 2012

Industrial Midwest

PANATTONI ACQUIRES 534,600 SF INDUSTRIAL FACILITY IN SUBURBAN MICHIGAN

by admin August 6, 2012

FENTON, MICH. — Panattoni Development Co. has acquired a vacant 534,600-square-foot industrial building in Fenton, located about 17 miles from Flint, Mich., for a reported $9 million. The building at 211-2231 Hitzert Court was constructed by Chrysler in 2000 and designed as a material supply building. The warehouse stored parts used to assemble vehicles at the adjacent Chrysler plant. The property features rail service by Burlington Northern and is located at the I-44 and I-270 arteries. Terry Stieve and Katie Haywood of Jones Lang LaSalle represented the seller in the transaction. Panattoni was self-represented by Mark Branstetter.

August 6, 2012

Midwest Office

THOMPSON NATIONAL PROPERTIES BUYS DAYTON OFFICE

by admin August 3, 2012

DAYTON, OHIO — Thompson National Properties has acquired 3745 Pentagon Blvd., an 86,928-square-foot office building in Dayton, on behalf of 1031 tax-deferred exchange investors. Science Applications International Corp. (SAIC) will move into the space. American National Insurance Co. financed the acquisition and Wally Reid and Kelly Layne of HFF originated the loan. The three-story property is located across from Wright Patterson Air Force Base. SAIC is an engineering and tech firm that focuses on national security, energy and environment, health and cybersecurity issues.

August 3, 2012

Healthcare Midwest

CONSTRUCTION BEGINS ON $14.7M HOSPITAL IN MINNESOTA

by admin August 3, 2012

WARREN, MINN. — Kraus-Anderson Construction Co. has started construction of the North Valley Health Center (NVHC), a new $14.7 million primary care hospital in Warren, located 25 miles northeast of Grand Forks, N.D. The 43,889-square-foot facility will be connected to the existing Good Samaritan Society building, which provides senior care services. NVHC received $13.5 million of its funding from USDA Rural Development. The facility is expected to open in late 2013.

August 3, 2012

Industrial Midwest

HACKMAN ACQUIRES 2.5 MILLION SF PORTFOLIO

by admin August 3, 2012

COLUMBUS — Hackman Capital has acquired a portfolio of 11 industrial properties totaling 2.5 million square feet. The portfolio is 88 percent occupied and is comprised of a mix of multi- and single-tenant industrial, flex and distribution properties. Ten of the properties are located in the Columbus area and the remaining property is located in Ruther Glen, Va. Binswanger represented the seller, Schottenstein Property Group, in the transaction.

August 3, 2012

Newer Posts

Older Posts

Upcoming Events

Aug
06