Regions Midwest
University of Chicago to Create $200 Million Center Honoring Late Economist
May 15, 2008 - Source: Crain's Chicago Business
The Milton Friedman Institute will eventually be housed in facilities now occupied by the Chicago Theological Seminary.
JV Formed to Develop Suburban Des Moines Retail
May 15, 2008
Capital Growth Madison Marquette of Minneapolis and DRA Properties L.L.C., an Ankeny, Iowa-based real estate company, have formed a partnership to develop about 500,000 square feet of retail space in Ankeny.
Joliet Joliet Green Lights Mixed-Use Project
May 14, 2008
The Joliet, Ill., City Council has approved a development agreement for the Bridge Street Town Centre, a 3.5-acre mixed-use development in that city southwest of Chicago.
Work Gets Underway on Aloft hotel in Broomfield
May 14, 2008
Ground recently broke on the new 140-room Aloft hotel in the northwestern Denver suburb of Broomfield, the Denver Business Journal reported.
$100M Business Park Planned for Suburban Chicago
May 13, 2008
A 50-acre site in St. Charles, Ill., has been designated for the development of what will ultimately be a mixed-use business complex less than an hour outside of Chicago.
Automotive Company to Expand Livonia HQ by 94,000SF
May 13, 2008
TRW Automotive has announced plans to expand its North American headquarters in Livonia, Mich., at a cost of $14.2 million.
larimer $145M Construction Loan Set for Denver Tower
May 13, 2008
The Dallas office of Holliday Fenoglio Fowler L.P. has announced that it arranged a $140 million construction loan for 1800 Larimer.
Grubb & Ellis Takes Fifth for the Second Time
May 13, 2008
Acting on behalf of a private investor, Santa Ana, Calif.-headquartered Grubb & Ellis Really Investors L.L.C. has snapped up a Fifth Third Bank building in Schaumburg, Ill., about 30 minutes outside of Chicago.
GM to Buy Properties in Detroit, Michigan, Issues Mortgage-Backed Line to Subsidiary
May 09, 2008
An 10-Q filing has confirmed GM's buy of three properties, including its Detroit, Michigan-based corporate headquarters, for a total of $826 million.
Procter & Gamble Leases 1.2MSF Suburban St. Louis Industrial Building
May 09, 2008
In an effort to fulfill its need for a large block of industrial space in the St. Louis area, Procter & Gamble has signed a lease that will expand an existing 580,000-square-foot distribution center into a 1.2 million -square-foot facility.
Bus Company Signs 49,000SF Lease in Suburban Chicago
May 09, 2008
National Express, the second largest school bus operator in North America, has signed a long-term lease with Levy Cantera L.L.C. to occupy a nearly 49,000-square-foot call center facility in Warrenville, Ill.
$1M Sale of 19th Century Retail Building to Yield New Apartment Complex
May 08, 2008
Detroit's Downtown Development Authority has just signed off on the $1 million sale of the historic Pepper Shoe Building on Woodward St. for a residential redevelopment endeavor, according to Crain's Detroit Business.
$375M in Funding to Kick Off Michigan Casino Project
May 07, 2008
The last piece of the financial puzzle for constructing the FireKeepers Casino in Battle Creek, Mich., has been put in place with the FireKeepers Development Authority's closing on $375 million in financing.
550 west washington $72M Financing Closes for Windy City Office
May 07, 2008
A financing package valued at $72.1 million has been put in place for the 371,400-square-foot office building at 550 West Washington in Chicago.
AMB  Leases 126,000 SF in Chicago Development
May 07, 2008
AMB Property Corp. has announced it has leased approximately 126,000 square feet in a Chicago development to Ashley Furniture, an industry leading manufacturer of quality furniture products.
NorthMarq Mortgage for River West Lofts in Chicago
May 07, 2008
Sue Blumberg, senior vice president and managing director of NorthMarq Capital Inc.’s Chicago Regional office, arranged third mortgage financing of $3.9 million for River West Lofts, a 158-unit multi-family property, located in Chicago, Ill.
Transwestern. Transwestern to Market 1.2M SF of Suburban Chicago Office for Prime Group
May 06, 2008
The Chicago office of Transwestern has received the assignment to market and lease 1.2 million square feet of Class A office space in Chicago’s western and northwestern suburbs from owner Prime Group Realty Trust.
Chicago-Based Equibase Capital Makes Bridge Loan to Abbott Boston Development
May 06, 2008
Equibase Capital Group L.L.C., a provider of mezzanine capital to the real estate industry based in Chicago, has announced it has made a bridge loan to Abbott Real Estate Development, a residential development firm located in Boston.
Schostak Bros., BVT Form JV
May 06, 2008
Schostak Brothers & Co., a Livonia, Mich.-based commercial real estate development and investment firm, has announced the formation of a joint venture with German real estate investment firm, BVT Equity Holdings.
Transwestern Awarded Leasing, Marketing of Chicago-Area Offices
May 05, 2008
Transwestern's Chicago office has been awarded the leasing and marketing of Olympian Office Center in Lisle, Ill., Continental Towers I, II and III in Rolling Meadows, Ill., and 800 & 810 Jorie Boulevard in Oak Brook, Ill.
Master Planner Picked for Denver-Area Retail Project
May 05, 2008
Plans for the Dacono Gateway Centre between Denver and Boulder, Colo., have come closer to fruition with the selection of a firm to design the project's master plan. Denver-based Norris Design got the nod recently from the developer, Orlando-based Jupiter USA. The project will encompass more than 500,000 square feet of retail, hotel, restaurant and office space on 132 acres, according to Jupiter USA.
Chicago CBD Office Market Sees Impact of Uncertain Times
May 02, 2008
The office market in Downtown Chicago experienced an uptick in vacancies, and a chunk of negative absorption in the first quarter of 2008, according to a report released this week by locally based MB Real Estate (the report also covered suburban Chicago). 
UGL Taps Evenson as SVP, Managing Director
May 02, 2008
Mark Evenson has joined UGL Equis as senior vice president and managing director of the company’s Minneapolis office.
Hamilton Town Center Opens in Noblesville, Indiana
May 02, 2008
Simon Property Group Inc. and Gershman Brown Crowley Inc., have announced the opening of Hamilton Town Center, a 950,000 square foot open-air retail center in Noblesville, Ind.
Glimcher Sells Knox Village Square in Ohio
May 02, 2008
Glimcher Realty Trust has reported the closing of the sale of Knox Village Square in Mount Vernon, Ohio WP Realty Inc.
 
Chicago
University of Chicago to Create $200 Million Center Honoring Late Economist
May 15, 2008 - Source: Crain's Chicago Business
The Milton Friedman Institute will eventually be housed in facilities now occupied by the Chicago Theological Seminary.
Joliet Joliet Green Lights Mixed-Use Project
May 14, 2008
The Joliet, Ill., City Council has approved a development agreement for the Bridge Street Town Centre, a 3.5-acre mixed-use development in that city southwest of Chicago.
Chicago Development Officials Green-Light Increased Subsidy for Loop Project
May 14, 2008 - Source: Crain's Chicago Business
Developer Village Green Cos. wants to redevelop a landmark 45-story office building into 313 apartments.
MORE MIDWEST CHICAGO HEADLINES
 
Detroit
Gaming Board May Force Casino Sale
May 14, 2008 - Source: Crain's Detroit Business
The Michigan Gaming Control Board has set a June 10 date to decide on the forced sale of Greektown Casino, which hasn't been performing up to expectations.
Automotive Company to Expand Livonia HQ by 94,000SF
May 13, 2008
TRW Automotive has announced plans to expand its North American headquarters in Livonia, Mich., at a cost of $14.2 million.
GM to Buy Properties in Detroit, Michigan, Issues Mortgage-Backed Line to Subsidiary
May 09, 2008
An 10-Q filing has confirmed GM's buy of three properties, including its Detroit, Michigan-based corporate headquarters, for a total of $826 million.
MORE MIDWEST DETROIT HEADLINES
 

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Engaging Your Employees Essential
May 09, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Long gone are the days where the executive leadership of a company can remain sequestered in their offices with an internal focus on hard metrics. It is the soft metrics of customer centricity...

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May 02, 2008
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The Name Game, Part 2
April 25, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --This week's column is part two in a three part series on naming. Last week's column contained advice on how to select a naming firm and today I'll address the elements that go...

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April 18, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --The disciplines of branding and corporate identity have long been personal passions of mine, and nothing within this genre holds greater fascination for me than the practice of corporate naming. This column is...

Knowledge Is Power
April 11, 2008
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