PORTAGE – Two days after Sears announced it would close its Kmart store in Portage, Michigan-based Meijer Inc., announced it would buy the property at U.S. 6 and Airport Road. The purchase price was not disclosed. A spokesman for Meijer confirmed the company was interested in locating a store in Portage, its first in Porter […]
HIGHLAND – A Pop-Up Gallery will be held in downtown Highland from 4:30 to 8 p.m. on Thursday, Jan. 12, at 2645 Main St., Suite C. The event is sponsored by Highland Main Street. Pop-Up Gallery is a concept to introduce art to the community, showcase available properties and create a networking event. The artists
MISHAWAKA – The Mishawaka City Council has approved plans for a 104-unit upscale apartment complex. Known as Toscana Park, the units will rent for between $1,000 and $1,600 a month and are aimed at people who have recently moved to the community or those who have just sold a house and need a place to
SOUTH BEND – The 25-story Chase Tower in downtown South Bend, the region’s tallest building, could receive major improvements if the South Bend City Council signs off in a proposal that includes $5.7 million from the city. The building has been in receivership for nearly a year. It has just 22 tenants, most of whom
SOUTH BEND – Real Estate Management Corp. has announced it is adopting Bradley Residential Management as its new company name. The company said the change better reflects its relationship between Bradley Residential Management and its sister company, CBRE/Bradley. “As Bradley Residential Management and CBRE/Bradley continue to grow, we want clients to easily recognize the unity
SOUTH BEND – C.B. Richard Ellis/Bradley has announced that it has signed an agreement with Mack Packaging of Chicago to sell or lease property the company owned in Mishawaka. William Frasch, senior associate broker, is the agent representing Mack Packaging. He said the 282,275-square-foot plant is currently occupied by Better World Books. The building sits
Contractors do their work nearly anonymously, so when their colleagues and the industry in which they work recognize them for the work they have done, we at Northwest Indiana Business Quarterly are pleased to give them a well-deserved pat on the back. Here are some of the awards presented to area contractors in the last
SOUTH BEND – Regina Emberton of C.B. Richard Ellis/Bradley has been accepted into the Society of Industrial and Office Realtors. Emberton is vice president of brokerage services at CBRE and recently became a member of the leading professional commercial and industrial real estate association. “Regina’s presence in the commercial real estate industry qualified her for
Cities pursue creative efforts for revitalization. by Rick A. Richards Northwest Indiana downtowns were once retail hubs. But with the development of regional shopping malls and strip shopping centers over the past two generations, downtowns across the region have changed. Left behind are empty storefronts and vacant parking lots. In recent years, however, those downtown
SOUTH BEND – Five properties managed by Real Estate Management Corp. have received perfect scores from the U.S. Department of Housing and Urban Development. Of 600 properties in Indiana assessed by HUD, only seven received perfect scores. “As evidenced by the few properties that received a perfect REAC score, they are difficult to come by,”
