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DevelopmentIllinoisMidwestRetail

Nicholas Family to Break Ground on 86,261 SF Elk Grove Ice Arena in Metro Chicago

by Kristin Harlow

ELK GROVE VILLAGE, ILL. — Nicholas Family of Cos. will break ground this fall on the Elk Grove Ice Arena, a new indoor ice rink in the northwest Chicago suburb of Elk Grove Village. Scheduled to open in fall 2026, the 86,261-square-foot, two-rink complex will serve the local hockey community and feature a family-friendly restaurant with rooftop access called Hatty’s Icehouse. The Elk Grove Ice Arena marks Nicholas Family’s third ice arena project in the Chicago area in one year, following its construction of the Rosemont Ice Arena opening this fall and its acquisition of Glacier Ice Arena in Vernon Hills. Nicholas also owns a fourth rink, the Mount Prospect Ice Arena at Nicholas Sportsplex. All four venues are operated by the company’s in-house sports and recreation division, Spectate Group, which plans to expand its staff to accommodate the new facilities. The company’s construction arm, Nicholas & Associates, built all of the venues except for Glacier Ice Arena. The Elk Grove site is currently occupied by a Staples office supply store, which will be torn down. Designed by ARCON Associates, the rink will feature eight general team locker rooms and eight dedicated locker rooms for Chicago Mission teams. Other elements …

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DevelopmentIllinoisIndustrialMidwest

Peak Construction to Build 52,925 SF Spec Industrial Facility in Aurora, Illinois

by Kristin Harlow

AURORA, ILL. — Peak Construction Corp. will build White Oak Warehouse, a 52,925-square-foot speculative industrial facility in Aurora. DarwinPW Realty/CORFAC International is the developer. The project will feature a clear height of 32 feet, 10 docks, two drive-in doors, 31 trailer stalls and 63 parking spaces. Completion is slated for the second quarter of 2026. Partners in Design Architects Inc. is the architect and Cemcon is the civil engineer.

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AcquisitionsIllinoisMidwestOffice

CBRE Brokers $3.2M Sale of Creative Office Building in Chicago’s River North

by Kristin Harlow

CHICAGO — CBRE has brokered the $3.2 million sale of 219 W. Chicago Avenue, a boutique creative office property in Chicago’s River North neighborhood. The asset spans 19,615 square feet and is currently 78 percent leased. CBRE’s Dominic Soltero, Tom Svoboda and John Saletta represented the undisclosed seller. The transaction marks the first investment in Chicago for the international buyer. The property benefits from DX-5 zoning, allowing for future conversion to high-rise residential, office or apartment use with ground-floor retail.

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DevelopmentLife SciencesMidwestMissouri

McCarthy Completes 84,000 SF Food Safety Laboratory for USDA in St. Louis

by Kristin Harlow

ST. LOUIS — McCarthy Building Cos. Inc. has completed the Midwestern Laboratory, an 84,000-square-foot project for the U.S. Department of Agriculture’s Food Safety and Inspection Service in St. Louis. Hoefer Welker designed the single-story facility. Located near the University of Missouri – St. Louis campus, the project includes microbiology and chemistry labs, a processing center, large receiving area and adjacent sample prep laboratory, as well as administrative offices. The facility will coordinate and conduct laboratory services in support of the agency’s farm-to-table strategies for food safety in meat, poultry, fish and egg products. The lab will house approximately 60 employees across three branches — administration, chemistry and microbiology. In alignment with the General Services Administration’s (GSA) mission to procure space for federal agencies, GSA executed a 20-year lease with US Federal Properties for a total contract value of $115.5 million. Construction began in May 2023.

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DevelopmentMidwestMultifamilyOhio

Milhaus, HGI Open 359-Unit Tempo Apartments in Hilliard, Ohio

by Kristin Harlow

HILLIARD, OHIO — Milhaus and Harbor Group International (HGI) have opened Tempo Apartments at TruePointe in Hilliard, a suburb of Columbus. The 359-unit luxury apartment complex offers studios, one-, two- and three-bedroom units. The development is situated near Bridge Park Dublin, Quarry Trails Metro Park and Tuttle Crossing Mall. TruePointe is Hilliard’s first entertainment hub and part of commercial real estate firm Equity’s master-planned mixed-use development. Monthly rents start at $1,544, according to the property’s website.

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AcquisitionsDevelopmentIllinoisIndustrialLee & AssociatesMidwest

Pharmacy Automation Supplies Buys 4.4 Acres in Metro Chicago for Build-to-Suit Facility

by Kristin Harlow

PLAINFIELD, ILL. — Pharmacy Automation Supplies has purchased 4.4 acres at Plainfield Business Center, Lot 6, for a new build-to-suit warehouse and office facility. The manufacturer and distributor of consumables to retail and healthcare organizations is relocating to Plainfield from a smaller space in Romeoville. The seller, Northern Builders, will construct a 30,000-square-foot building within the complex. Completion is slated for the end of the year. Terry Grapenthin and Ryan Earley of Lee & Associates of Illinois represented Pharmacy Automation Supplies in the transaction.

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AcquisitionsIllinoisMidwestRetail

Marcus & Millichap Brokers $3M Sale of Retail Strip Center in Libertyville, Illinois

by Kristin Harlow

LIBERTYVILLE, ILL. — Marcus & Millichap has brokered the nearly $3 million sale of The Shops of Northwind, a 20,416-square-foot retail strip center in the Chicago suburb of Libertyville. The four-suite property at 1745 Northwind Blvd. is fully occupied. Brian Parmacek of Marcus & Millichap represented the seller, EMPSAFE LLC. The asset sold at 95 percent of the list price.

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Leasing ActivityMichiganMidwestRetail

Alloy Personal Training Signs 1,500 SF Retail Lease at The Griffin in Suburban Detroit

by Kristin Harlow

ROYAL OAK, MICH. — Alloy Personal Training has signed a 1,500-square-foot retail lease at The Griffin, an apartment complex built in 2021 in the Detroit suburb of Royal Oak. The property is located at the northeast corner of I-696 and Woodward Avenue. Owen Kelly and Michael Murphy of Gerdom Realty & Investment represented the landlord, Singh Development.

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