Category: Commercial Real Estate
Construction industry is expecting a strong 2015.
by Phil Britt
Construction in Northwest Indiana is expected to continue to be strong in 2015, according to executives from major building companies in the area.
All have significant projects that are in various phases of completion and have strong orders on the books for 2015 and the beginning of 2016, they say, admitting that attempting to forecast …Read Full Article
Commercial construction is on a roll.
by Heidi Prescott Wieneke
When Tim Healy started work for Holladay Properties in 2000, the South Bend-based company had nothing going on in Northwest Indiana. It was just him, a trailer and 386 acres of vacant land Holladay had purchased from Bethlehem Steel. Healy had his work cut out for him.
Holladay wanted this site to rival the strongest …Read Full Article
Taking the LEED in Northwest Indiana.
by Jacqueline von Ogden
In 1993, the concept of Leadership in Energy and Environmental Design (LEED) certification standards was not publically conceptualized. Five years later, when the U.S. Green Building Council (USGBC) developed LEED certification, a mere mention of the word LEED was known to raise an eyebrow. Now, in 2013 it has become a standard, or as some …Read Full Article
PORTAGE – Holladay Properties in Portage recently closed on the sale of the 73,000-square-foot Ashland Building at the Ameriplex at the Port.
…Read Full Article
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 in northern Indiana or southwestern Michigan and is one …Read Full Article
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 around Indiana.
…Read Full Article
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.
Dawn Foods, which has bakeries around the world, provides …Read Full Article
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, along with a new lower level conference room, mailroom …Read Full Article
VALPARAISO – Inland Real Estate Corp. has acquired Valparaiso Walk, a 137,000-square-foot shopping center at Silhavy Road and LaPorte Avenue for $21.9 million. The center is anchored by Bed Bath & Beyond, Marshalls, Best Buy and Michaels.
Inland Real Estate is based in Oak Brook, Ill., and owns shopping centers throughout the Midwest.
…Read Full Article
MISHAWAKA – IronWorks, a 17,000-square-foot office building erected in 2008 in Mishawaka now has its first tenant. The accounting firm H.J. Umbaugh and Associates has signed a least for the entire third floor in the building.
H.J. Umbaugh will move its 15 employees in Plymouth to the space, which has 4,790 square feet. The move is expected to be completed by early November.
The …Read Full Article