NEW BUFFALO, MI-The Pokagon Band of Potawatomi Indians is building a new nine-story hotel addition and event center, and will add a 12,000-square-foot Hard Rock to this tourist area.
High-speed rail has been discussed to get these Midwest people, many with high-level engineering backgrounds, to available jobs throughout the region, but the movement is slow. Even with the roughly $200 million investment for high-speed lines planned to service the Wolverine, Amtrak’s Chicago to Detroit line, announced this past month, a proposed 110-mph train will still make many stops, saving riders only about half an hour in the five-to-six hour ride.
CLEVELAND-Bentley Forbes Group LLC owns the three-building Medical Mutual portfolio, including the Rose building here, and had tried to sell in 2007 for $107.4 million.
PEORIA, IL-The tractor company announced Friday that it will move the work from a current plant in Japan to North America, because the customer base has shifted here.
PARIS-This is the second deal the joint venture has made since forming in August, and the smallest, as the first was an AXA investment into its partner’s portfolio for $1.9 billion.
CHICAGO-The top four public self storage firms saw strong revenue growth of 4% to 5.8%, and income growth of 7.3% to 8.6% in the third quarter, according to an MJ Partners report.
CHICAGO-Almost two-thirds of all law firms nationwide with leases expiring are remaining in place, according to a recently released annual Jones Lang LaSalle study.
CLEVELAND-A member of the Polaris-Buckingham team tells GlobeSt.com that Cleveland State University has more than enough housing need for the nine-building plan.
CHICAGO-The former bankrupt mall REIT had reported a $231M loss in its third quarter 2010 report. CEO Sandeep Mathrani said the Rouse spinoff should be complete by Dec. 31.