COLUMBUS-The office market kicks off the year with positive net absorption reaching nearly 200,000 sf, giving optimism to the remainder of the year. At the end of the quarter, average rents are up $1 from the year-end average of $17.61 per sf.
INDIANAPOLIS-Local firms Duke Realty Corp. and Browning are investing $746 million to build on 1,500 acres. Partnership execs say the land is enough to support 38 industrial buildings totaling 20 million sf.
INDIANAPOLIS-Local firms Duke Realty Corp. and Browning are investing $746 million to build on 1,500 acres. Partnership execs say the land is enough to support 38 industrial buildings totaling 20 million sf.
ELDRIDGE, IA-Real estate firm STAG Capital Partners acquires a 169,955-sf warehouse and distribution for approximately $8 million. The building is situated on 23 acres of land at 951 Trails Rd. and is master-leased to ADS Logistics.
ROMEOVILLE, IL-A division of Missouri-based Leggett & Platt signs a 340,505-sf lease in Panattoni Development Co.'s Windham Lakes Business Park. The company's new home represents the consolidation of three other Illinois facilities.
ROMEOVILLE, IL-A division of Missouri-based Leggett & Platt signs a 340,505-sf lease in Panattoni Development Co.'s Windham Lakes Business Park. The company's new home represents the consolidation of three other Illinois facilities.
CHICAGO-Loeb Partners Realty LLC, based in New York City, obtains permanent, fixed-rate financing for Michigan Plaza. The funding will replace acquisition financing the company used in 2005 to purchase the 1.9-million-sf complex.
CHICAGO-Loeb Partners Realty LLC, based in New York City, obtains permanent, fixed-rate financing for Michigan Plaza. The funding will replace acquisition financing the company used in 2005 to purchase the 1.9-million-sf complex.
MADISON, WI-During the company's first quarter, Great Wolf Resorts Inc. makes headway on several US developments. Moving into the second quarter, company execs plan to extend the company's destination-property reach even further.
MADISON, WI-During the company's first quarter, Great Wolf Resorts Inc. makes headway on several US developments. Moving into the second quarter, company execs plan to extend the company's destination-property reach even further.