Regions Midwest
KDC to Expand Operations
July 8, 2008

KDC plans to open new offices in Chicago, Washington, D. C. and the San Francisco Bay area by the end of the year, as well as expanding its Houston operations, the company said today. E2M Partners and Sammons Enterprises have formed a joint venture to make a capital investment in KDC.  Terms of the transaction were not disclosed. KDC has completed more than 90 corporate build-to-suit office and industrial projects valued in excess of $2.5 billion and totaling more than 13 million square feet. 

 
Recent Midwest Headlines
Elk Crossing Shopping Center Sold in Chicago Suburb
Aug. 19, 2008
Mid-America Real Estate Corp.'s Investment Sales Group of Oakbrook Terrace, Ill., announced the sale of Elk Crossing, a 121,507-square-foot grocery-anchored shopping center in Elk Grove Village, a northwest suburb of Chicago.
Chrysler to Expand Detroit Plant with 285,000-SF Addition
Aug. 15, 2008
Chrysler L.L.C. has announced that it will develop a 285,000-square-foot building at its Jefferson North Assembly Plant in Detroit as part of its planned $1.8 billion investment in new vehicle programs.
Cordish, Kansas Speedway Propose Hard Rock Hotel, Casino
Aug. 15, 2008
Kansas Entertainment L.L.C., a joint venture between The Cordish Co. and Kansas Speedway, has just presented its plan for a Hard Rock Hotel & Casino at the Kansas Speedway track in Kansas City, Kan., to the state's Racing and Gaming Commission. The team is proposing the creation of a 1.5 million-square-foot gaming resort with a development price tag of $700 million.
ProLogis, Browning JV Leases 947,000 SF at AirTech Park
Aug. 14, 2008
ProLogis and Browning Investments Inc., an Indianapolis-based developer of commercial real estate, have announced that their joint venture has signed a new lease agreement for 947,000 square feet near Indianapolis, Ind.
First Industrial, CalSTRS Break Ground in Master-Planned Minneapolis Industrial Park
Aug. 13, 2008
First Park Lakeville, First Industrial Realty Trust Inc.'s 1.4 million-square-foot master-planned industrial park in suburban Minneapolis, will soon get a new tenant, now that the developer has broken ground on a 285,000-square-foot distribution center for Uponor North America. Located in Lakeville, Minn., about 25 miles from Minneapolis, the 140-acre First Park is a project of First Industrial's development and repositioning joint venture with public pension fund California State Teachers' Retirement System.