Monday, July 21, 2025
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Midwest

DevelopmentMidwestWisconsin

Milwaukee Symphony Orchestra Underway on $89M Performance Hall Project

by Kristin Harlow

MILWAUKEE — The Milwaukee Symphony Orchestra (MSO) is converting the former Warner Grand Theater, located at 212 W. Wisconsin Ave., into its new performance hall. The $89 million project is expected to open in fall 2020. As part of the project, construction partners C.D. Smith Construction, International Chimney Corp. and Expert House Movers moved a seven-story wall 35 feet toward the street while keeping it fully intact. The wall dates back to 1931 when the former theater was built. By expanding the theater, the MSO can offer better visibility for patrons as well as fit the entire orchestra on stage. The MSO, led by Music Director Ken-David Masur, was founded in 1959.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialMichiganMidwest

Stan Johnson Co. Negotiates $14.9M Sale of Industrial Property Near Flint, Michigan

by Kristin Harlow

GRAND BLANC, MICH. — Stan Johnson Co. has negotiated the sale of Waretech Industrial Park in Grand Blanc for $14.9 million. The multi-tenant industrial property is located at 7075 S. Dort Highway in suburban Flint. JASCO International, Joshen Paper & Packaging and WGS Global Services fully occupy the 667,000-square-foot property. Rob Gemerchak and BJ Feller of Stan Johnson represented the seller, Dallas-based developer Covington Group. Triyar Cos. LLC, a Los Angeles-based private equity group, purchased the asset.

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityMidwestMissouriRetail

Fields Foods Opens 8,200 SF Store at Apartment Building in St. Louis

by Kristin Harlow

ST. LOUIS — Fields Foods has opened an 8,200-square-foot grocery store at the Lofts@Euclid, an apartment building in the Central West End of St. Louis. Cullinan Properties owns the building, which is located at the intersection of Euclid and Delmar streets. Fields Foods now shares the ground floor of the 87-unit property with The Medicine Shoppe. A grand opening took place on Thursday, Aug. 15. Many products offered at Fields Foods come from small- and mid-sized farmers and local vendors within 300 miles of St. Louis. Chris Goodson is the owner of Fields Foods.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndianaMidwestMultifamily

Marcus & Millichap Brokers $5M Sale of Two Multifamily Properties in Indiana

by Kristin Harlow

MISHAWAKA, IND. — Marcus & Millichap has brokered the sale of Cedar Crest Apartments and Jefferson Estates, two adjacent multifamily properties in Mishawaka near South Bend. The sales price was $5 million. Cedar Crest Apartments is comprised of 56 units while Jefferson Estates includes 112 units. The properties feature swimming pools, clubhouses, covered parking and on-site laundry facilities. Scott Harris and Samuel McCarthy of Marcus & Millichap marketed the property on behalf of the seller and procured the buyer, neither of which were disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMidwestMinnesotaRetail

Upland Arranges $1.2M Sale of Property Net Leased to Caribou Coffee Near St. Paul

by Kristin Harlow

HIGHLAND PARK, MINN. — Upland Real Estate Group Inc. has arranged the sale of a single-tenant property net leased to Caribou Coffee in Highland Park for $1.2 million. The 1,544-square-foot building is located at the intersection of Fairview and Randolph avenues. Caribou Coffee, founded in Edina, Minn., has just over five years remaining on its lease. Upland represented the 1031 exchange buyer, the Rush family. The seller was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentIndianaMidwestMultifamilyStudent Housing

Brinkmann Completes Construction of 675-Bed Student Housing Property in West Lafayette, Indiana

by Kristin Harlow

LAFAYETTE, IND. — Brinkmann Constructors has completed construction of the Rise on Chauncey, a 675-bed student housing property near Purdue University in West Lafayette. At 16 stories, the property is West Lafayette’s tallest building. Apartments range from studios to four-bedroom units. CA Student Living, the student housing division of Chicago-based CA Ventures, was the developer. The complex spans 458,000 square feet with 283 fully furnished units. Brinkmann completed the project in 19 months. Monthly rents start at $689 for a shared four-bedroom unit.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentKansasMidwestOffice

VanTrust to Develop Third Building at Hallbrook Office Center in Leawood, Kansas

by Kristin Harlow

LEAWOOD, KAN. — VanTrust Real Estate LLC, in partnership with Hallbrook Office Center LLC, has unveiled plans to develop a new 120,527-square-foot office building at Hallbrook Office Center in Leawood. This is the third building planned for the office park. Miles McCune and Jeff Winters of Cushman & Wakefield will market the building for lease. The new structure will sit on eight acres at College Boulevard and State Line Road. While the first two buildings at Hallbrook were built on a speculative basis, the project team does not plan to begin construction on the third building until commitments for at least one floor of the property (30,000 square feet) are secured.

Continue Reading
FacebookTwitterLinkedinEmail
CivicDevelopmentIowaMidwest

Stahl to Construct $28M Elementary School in Urbandale, Iowa

by Kristin Harlow

URBANDALE, IOWA — The Urbandale Community School District has selected Stahl to construct a two-story, 118,000-square-foot elementary school. The $28 million building, located at 7110 Prairie Ave., will replace the existing Olmsted Elementary. In addition to classrooms, the building will feature a kitchen and cafeteria, gymnasium, administration area and auxiliary spaces. Urbandale’s new school is part of a $59 million bond referendum and long-term facilities plan for the district to meet the growing need for additional education space to accommodate children in pre-kindergarten through fifth grade. Once complete, the school will house up to 650 students. Completion is slated for May 2021. DLR Group is the architect.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIllinoisMidwestOffice

Transwestern Brokers $12.5M Sale of Office Building in Aurora, Illinois

by Kristin Harlow

AURORA, ILL. — Transwestern Commercial Services has brokered the sale of 2357 Sequoia Drive in Aurora for $12.5 million. The 50,000-square-foot, single-story office building is fully leased to Dreyer Medical, an affiliate of Advocate Health Care. Gary Nussbaum and Paige Gunn of Transwestern represented the seller, Downers Grove-based REM Builders Inc. Maryland-based Global Medical REIT Inc. purchased the asset.

Continue Reading
FacebookTwitterLinkedinEmail
LoansMidwestMissouriRetail

NorthMarq Arranges $3.8M Acquisition Loan for Preschool in O’Fallon, Missouri

by Kristin Harlow

O’FALLON, MO. — NorthMarq has arranged a $3.8 million loan for the acquisition of Little Sunshine’s Playhouse in O’Fallon. The 9,726-square-foot preschool is located at 4220 State Highway K. Dan Baker and Jeff Chaney of NorthMarq arranged the 10-year loan, which features a fixed rate and a 25-year amortization schedule. Chez II Sunshine LLC was the borrower. A life insurance company provided the loan.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts