MINNEAPOLIS - Cushman & Wakefield/NorthMarq's latest look at the Twin Cities shows there was a marketwide positive absorption of 3.1 million square feet.
DETROIT - The metro Detroit suburban industrial real estate market saw a strong rebound last year, say Signature Associates and Cushman & Wakefield.
CHICAGO - Prudential Mortgage Capital Co. provides $105 million of financing to Multi-Employer Property Trust for a 928,000-square-foot office tower in the West Loop.
CHICAGO - Webster Bank announces a new five-year agreement with Jones Lang LaSalle for the management of Webster's 168 owned and leased branches as well as its seven regional hubs and other corporate facilities.
PEWAUKEE, WI - Centerline Capital Group secured Fannie Mae loans totaling $15.5 million for the Reilly-Joseph Co. to refinance three multifamily properties in Wisconsin.
ST. LOUIS PARK, MN - CBRE completes the sale of MoneyGram Tower and 1600 Tower, Class A office properties, to DRA Advisors. The CBRE Minneapolis team arranged this transaction on behalf of the seller, Equity Office/Blackstone Group.