Foxtrot’s assets were sold at auction Friday for more than $2.2 million, reported Crain’s. The buyer was holding company Further Point Enterprises. The auction was conducted by JPMorgan Chase Bank, a debtor of Foxtrot, through its counsel, DLA Piper. The sale…
Kankakee County has been awarded a $2.9 million grant from the Illinois Department of Transportation (IDOT) to overhaul Highway 9, improving access to the new Gotion electric vehicle battery plant in Manteno. The grant is part of IDOT’s Economic Development…
Senior Vice President Eric Rapp with Transwestern Real Estate Services represented the Kingdom Embassy Worship Center in the organization’s purchase of a church and education facility at 6 Interlachen Road in Hopkins, Minnesota. 6 Interlachen Road was sold by the…
NAI Hiffman recently joined representatives from Silver Cross Hospital and Premier Suburban Medical Group (PSMG) to celebrate the completion of the Orland Park Medical Pavilion, a two-story, 42,000-square-foot medical office building in Orland Park, a southwest suburb of Chicago. Located…
Marcus & Millichap closed the sale of a 14,490-square-foot net-leased Walgreens property located in Machesney Park, IL. The sale price was $4.2 million. Joe J. Sparano, Dan Yozwiak and Darpan Patel, investment specialists in Marcus & Millichap’s Columbus and Tampa offices, marketed the…
The Dunwoody City Council will vote later this week to consider KDC‘s request to modify its original plan to build a 700,000-square-foot single-tower office building, first proposed in 2015, in what is called The Perimeter. The building would be replaced…
PREMIER Design + Build Group has completed work on Phase II of the Rickenbacker Logistics Park project in Columbus. OH. The completion adds more than two million square feet of industrial space for client CT Realty, or nearly twice as much as…
Driftwood Capital acquired the Marriott Raleigh Durham Research Triangle Park, a 225-key full-service, hotel located in North Carolina’s Research Triangle area. Driftwood will carry out an extensive renovation project to enhance numerous features throughout the Hotel. They’ve committed $9 million…
Starwood Capital Group, Crescent Real Estate LLC and High Street Real Estate Partners completed the sale of the 1 Hotel and Embassy Suites in Nashville, Tennessee, to Host Hotels and Resorts, a lodging real estate investment trust. Numerous sources reported…
Americold Realty Trust, Inc., a provider of temperature-controlled logistics and real estate, broke ground on a new $127 million cold storage facility at Canadian Pacific Kansas City’s (CPKC) IFG Terminal in Kansas City, Missouri. The new 335,000-square-foot facility in Kansas…
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