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The fundamentals driving the commercial real estate industry remain positive in many of the top metropolitan markets across the country, including Chicago. We are seeing strong job growth, population growth, and a ramping up of some of corporate America's top companies.
A 27-property retail portfolio located in eight states in the Central US including 14 in Texas along with Colorado, Kansas, Missouri, Montana, Oklahoma, Utah and Wyoming was recently sold to a private buyer.
The first of the VIA Centers broke ground at the Wellpoint Community at Hampton Cove in Huntsville, AL with immediate plans for three additional communities in Tennessee, Florida and New England.
The project is a joint venture with The McKinney Fund & Company, with Central Bank of St. Louis and Central Bank of the Midwest providing the construction financing for the project.
Collision Works is an auto body collision and paint repair owned and operated company headquartered in Oklahoma. According to Matthews Real Estate, Collision Works has achieved its latest five-year goal plan in less than two years.
The firm commenced construction earlier this month on the initial two speculative buildings of 436,800 square feet and 168,480 square feet at the Whiteland Exchange development, which are slated for delivery in the first quarter of 2020.