DETROIT-Fourmidable has repositioned the former Windsor Tower apartments in the city, and is seeing amazing demand at other downtown properties as the multifamily wave hits the Motor City.
CHICAGO-Former DDR CEO Wolstein will head up the new Starwood Retail company that will own the seven malls, though he will continue to be based in Cleveland.
CHICAGO-West and Southwest markets, energy and technology heavy, are posting positive absorption as the two largest markets lag, JLL says. Studley says Chicago has promise.
ANN ARBOR, MI-The software firm is expanding from 12,000 square feet in an office on Depot Street. Colliers, which is also marketing the main book company HQ, represented the tenant.
SKOKIE, IL-The consulting firm has expanded to two floors in this 95% occupied complex, outperfomig the still-struggling Chicago suburbs in the second quarter, says Studley.
LONDON-The tenant is moving to another industrial building. The buyer hasn’t said what the large building could become, but locals have rejected ideas for high-rise housing.
ST. PAUL, MN-Once the main travel hub for the Minneapolis area, the St. Paul Union Depot will again host thousands of commuters per day for light and high-speed rail and bus lines.