PORTAGE – Holladay Properties in Portage recently closed on the sale of the 73,000-square-foot Ashland Building at the Ameriplex at the Port. It originally was built for Sanofi-Adventis and is currently home to MonoSol Rx. The $6.1 million sale to Space Center Inc. closed in early May and was brokered by Mike Micka.
SOUTH BEND – A 16-year employee of HRP Construction, Matt Cain is now a shareholder, becoming only the second employee within the organization to earn such a designation. Over the years, Cain has served HRP as a project coordinator and estimator/project manager prior to being promoted to his current position in 2007 as the firm’s
MERRILLVILLE – White Lodging and REI Real Estate Services Inc. have begun construction on a 172-room Hyatt Place hotel in Bloomington. It is scheduled to open in July 2014. The seven-story hotel will have 4,448 square feet of meeting space and a two-level parking garage with room for 124 cars. Hyatt Place was launched in
SCHERERVILLE – Regency Centers Corp., a national owner, operator and developer of grocery-anchored and community shopping centers, has begun construction on the first phase of Shops on Main, a 147,851-square-foot community shopping center anchored by Gordmans, Ross Dress for Less, HomeGoods and DSW Designer Shoe Warehouse. The center is located at the intersection of U.S.
SOUTH BEND – The firm that has operated locally under CBRE | Bradley, an affiliate office of CBRE, Inc.; Bradley Residential Management and Bradley Maintenance Services, has announced plans to consolidate under a single brand name: Bradley Company. Bradley Company is a diversified real estate firm providing commercial brokerage services, commercial and multi-housing management, real
Roads, rail and bridges help drive the region’s economy. by Rick A. Richards Indiana’s motto, Crossroads of America, makes it clear transportation isn’t taken lightly in the Hoosier state. Thanks to eight interstate highways–more than any other state–the idea of Indiana being the nation’s crossroads has been expanded by making Indiana a business destination. But
GARY – Construction has begun on a 60-unit residential development to serve as permanent, supportive housing for the homeless. South Shore Commons is a four-year project in the making to provide suitable housing with the added benefit of supportive services and case management provided by Edgewater Systems for Balanced Living. Serving as co-general partners in the
SOUTH BEND – 1st Source Bank has been named to Bank Director Magazine’s ‘Nifty Fifty’ list of high performing banks. 1st Source is 24th on the list which ranks the top 50 best users of capital based on profitability and capital strength. 1st Source ranked higher on the ‘Nifty Fifty’ list than any other bank
HIGHLAND – Christenson Chevrolet has completed work on a 17,000-square-foot addition at its dealership on Indianapolis Boulevard. The project includes an upgrade of the used car showroom and service department. The effort was brought about when General Motors, the parent company for Chevrolet, urged its dealerships to create a more modern look. Christenson Chevrolet has
LAPORTE – Holladay Properties has been selected by the City of LaPorte to develop the city’s NewPorte Landing Redevelopment Project on the site of the former Allis-Chalmers factory just north of downtown. The 150-acre project sits along Clear Lake. Holladay is the developer of the Ameriplex at the Port in Portage and other similar project
