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News
Colliers closes sale of 147,269-square-foot industrial portfolio in Blue Ash
3+ day, 20+ hour ago (188+ words) Colliers completed the sale of Cornell Park, a 147,269-square-foot, six-building industrial flex portfolio at 11240–11260 Cornell Park Drive in Blue Ash, Ohio, within the Cincinnati MSA. Colliers | Indianapolis Capital Markets advisors Alex Cantu and Alex Davenport, partnered with John Gartner, Erin…...
Green Street: Industrial still one of the leaders in commercial real estate recovery
6+ day, 38+ min ago (635+ words) Despite challenges, the industrial sector continues to be one of leaders in the commercial real estate property recovery, with values rising faster than those of most major property sectors even as higher borrowing costs threaten to slow the momentum. That’s…...
Tishman Speyer refinances two-tower The Franklin office building in Chicago???s West Loop
1+ week, 4+ day ago (248+ words) Tishman Speyer refinanced The Franklin, its two-tower office complex in Chicago’s West Loop, with a $340 million CMBS loan. The Single Asset Single Borrower (SASB) loan was led by JPMorgan with Bank of America and Deutsche Bank serving as co-lenders. Proceeds…...
Knighthead Funding provides $32 million refinance loan for 62-unit multifamily community in Glenview
1+ week, 5+ day ago (197+ words) Knighthead Funding, LLC provided a $32 million refinancing loan to The Drake Group for Cerca, a newly constructed, 62-unit Class-A multifamily community in downtown Glenview, Illinois, part of Chicago’s highly desirable North Shore. The loan refinances a previous construction facility and…...
Habitat reaches key milestones at two Chicago mixed-income developments
1+ week, 5+ day ago (221+ words) Habitat and Partners Close on LeClaire Courts The Habitat Company, together with Cabrera Capital Partners, has completed the financial closing for the first residential phase of the long-planned $127 million redevelopment of LeClaire Courts on the city’s Southwest Side. The closing…...
Commercial Real Estate Hall of Fame: Colliers??? Jeff Winters
1+ week, 6+ day ago (219+ words) Winters began his career at Cushman & Wakefield (2009–2021), where he built a strong foundation in office leasing. During this time, he guided professional services firms, medical users, and corporate clients through complex relocations and strategic occupancy planning. His ability to align…...
Gantry provides $22.75 million loan for 190-unit apartment community near Kansas college
1+ week, 6+ day ago (151+ words) REJournals Gantry secured a $22.75 million permanent loan for the University Digs apartment community at 1902 S Broadway St. in Pittsburg, Kansas, directly adjacent to Pittsburg University. The three-story, 190-unit property features a mix of studio, one- and two-bedroom floorplans. Originally built…...
Hyde Development, Mortenson transforming long-dormant brownfield site in Roseville
2+ week, 45+ min ago (353+ words) REJournals Hyde Development and Mortenson are advancing Twin Lakes Technology Center, a 155,000-square-foot Class-A industrial facility in Roseville, Minnesota, that will transform a long-dormant brownfield site into new industrial space in a well-positioned Twin Cities location. Completion is expected in…...
Limited supply, strong demand boosts Chicago-area multifamily sector – REJournals
2+ week, 5+ day ago (822+ words) Demand remains strong and rents are still rising in Chicago’s multifamily market, even as this sector faces increasing concerns in other parts of the country. In its report, Cross Street found that the average effective apartment rent in the city…...
CBRE closes $11 million refinance for office property in Edina – REJournals
2+ week, 5+ day ago (177+ words) CBRE closes $11 million refinance for office property in Edina REJournals CBRE arranged $11 million in refinancing for Grandview Square, a 98,561-square-foot Class-A office property in Edina, Minnesota. Billy Mork, Joel Torborg and Mike Vannelli of CBRE Capital Markets’ Debt and Structured…...