MISHAWAKA – Franciscan Alliance has announced it is putting its two Illinois hospitals up for sale. Eleven of Franciscan’s 13 hospitals are in Indiana. The two in Illinois – in Chicago Heights and Olympia Fields – recently underwent $300 million in improvements. An outside health consultant has been hired to help Franciscan through the process. […]
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 – 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
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
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
MERRILLVILLE – Jeff Brant has been named 2012 Commercial In-Sites Co-Broker of the Year. He was cited “for outstanding performance in the sport of commercial real estate and dedication to do deals together.” He had four co-brokered transactions. Commercial In-Sites is at 1100 W. U.S. 30, Merrillville.
VALPARAISO – Mack Elliott of Prudential Executive Group has been named to Prudential Real Estate President’s Circle for 2012. The award recognizes the Network’s top three percent of residential sales professionals who exemplified great sales measures in closed residential GCI, commercial GCI or closed 50 residential units for the year. “Mack is a dedicated professional,
VALPARAISO – Nick Arnold, Debbie Miller, Mitzi Wingenroth, and Michele Civanich of Prudential Executive Group have been named to Leading Edge Society for 2012 by Prudential Real Estate. The award recognizes residential sales professionals who exemplified great sales measures in closed residential GCI or closed 35 residential units for the year. “As Leading Edge Society
MERRILLVILLE – Dawn Foods, which operates bakeries in Munster and Crown Point, has announced it will consolidate the two operations into a new location in the AmeriPlex at the Crossroad in Merrillville. The company said it will invest $15 million in the 120,000-square-foot production plant. Together, the Munster and Crown Point operations have 72 employees.
SCHERERVILLE – The four-story Plaza 833 at the southwest corner of U.S. 30 and U.S. 41 will be renovated by Fitzgerald Earles Architects and Associates. The building is owned by LM Commercial Real Estate of suburban Chicago. The renovation includes a new entryway, lobby and atrium, work in each of the corridors of the building,
