OMAHA, NEB. — Omaha-based commercial real estate brokerage firm Oak Investment Real Estate LLC has opened. Services offered by the firm include investment sales, landlord and tenant representation, sale-leasebacks and asset management across the industrial, office, retail and multifamily sectors. Brokers John Heine, Spencer Goldenberg and Dani Berke, along with marketing director Colten Adams and asset manager Carol Samway founded the company, which maintains an office at 3219 Leavenworth St.
OMAHA, NEB. — Equity Partnership Holdings LLC (EPH) has purchased Dundee Flats in Omaha for $12.5 million. Built in 2019, the Class A property consists of 62 apartment units and two commercial spaces. Located at the corner of 49th and Dodge streets, the building is within walking distance to the University of Nebraska Medical Center. A new Omaha Rapid Bus Transit station is situated directly in front of the property. The acquisition marks EPH’s second transaction in Omaha this year, and its seventh overall in the Omaha market. EPH’s portfolio in the Omaha market now totals 483 units. Seller information was not provided.
WAYNE, NEB. — Darland Construction Co. is underway on an expansion and renovation of Providence Medical Center in the eastern Nebraska town of Wayne. Darland is adding a 20,000-square-foot addition to the east side of the hospital’s campus to accommodate the growing imaging and specialty outpatient services. Plans also call for removing a second entry point in favor of one prominent, secure main entry. After the addition is completed, Darland will complete a 20,000-square-foot remodel to include a new surgical suite, management area and administrative offices. Completion is slated for summer 2023.
OMAHA, NEB. — R&R Realty Group and MD West One are partnering to build a 38,000-square-foot medical facility on the east side of 192nd Street in Omaha. MD West One provides orthopedic, neurosurgery and spine care services. The project will be part of Fountain Ridge West, R&R Realty’s business park. Site work, including grading and the installation of utilities, is scheduled to begin in the next few weeks. Construction of the building will kick off this fall, and the facility is expected to be completed over a period of about 16 months.
LINCOLN, NEB. — NexCore Group and Catholic Health Initiatives (CHI) have broken ground on the 34,668-square-foot CHI Health Clinic Yankee Hill in Lincoln. CHI will be the sole tenant in the one-story building, located at 4055 Yankee Hill Road. The facility will offer primary care, physical therapy, behavioral health services and specialty care, imaging services, a laboratory and retail pharmacy. NexCore will own the building, which is slated for completion in summer 2022. McCarthy Building Cos. Inc. is the general contractor and Omaha-based Leo A. Daly is the architect. Englewood, Colo.-based CHI is part of the Chicago-based health system CommonSpirit, which maintains hospitals and care centers in 21 states.
OMAHA, NEB. — Lockwood Development has purchased One Valmont Plaza, an office property with two Class A buildings totaling 173,692 square feet in Omaha, for $26.8 million. One building rises four stories and spans 64,335 square feet, while the other rises six stories and totals 109,357 square feet. They are part of the First National Bank Business Park. Steve Sheppard of CBRE represented Lockwood in the sale. Lee Pedersen of CBRE represented the undisclosed seller.
NORFOLK, NEB. — Avison Young has brokered the $4.5 million sale of Sunset Plaza Mall in Norfolk, a city in northeast Nebraska. The 232,347-square-foot shopping center is located at 1700 Market Lane. The property was lender-owned and was roughly 48 percent occupied at close of escrow. Built in 1968 and renovated in 1994, the mall sits on 31 acres and features a mix of 30 regional and national tenants, including JC Penney, Bath & Body Works, Famous Footwear and GNC. Chris Maling and David Maling of Avison Young represented the seller, Wells Fargo Bank, in the value-add transaction. The duo also procured the buyer, Tennessee-based LBD Properties LLC.
OMAHA, NEB. — Investors Realty has brokered the sale of the Hi-Park Campus in Omaha for $11.4 million. The asset consists of eight flex industrial buildings that were fully leased at the time of sale. Located on the southeast corner of 94th and F streets, the campus spans 150,000 square feet. Ember Grummons of Investors Realty represented the buyer, Fulton Acquisitions. Clint Seemann of Investors Realty and John Dickerson of OMNE represented the seller, Hannibal Properties.
OMAHA, NEB. — Investors Realty has brokered the sale of two office buildings in Omaha for $21.9 million. The single-tenant, Class A properties are located at 17605 and 17645 Wright St. The buildings serve as the headquarters for Orion Advisors Solutions, which maintains approximately 1,000 employees. Ember Grummons of Investors Realty represented the seller, an affiliate of Lockwood Development. Grummons also procured the buyer, Sentinel Net Lease.
OMAHA, NEB. — NorthMarq has arranged an $8 million loan for the refinancing of Maple Ridge Apartments, a 174-unit multifamily community in Omaha. Bill Mork of NorthMarq arranged the 15-year loan, which features a fixed interest rate of approximately 3 percent and a 30-year amortization schedule. A life insurance company provided the loan on behalf of the undisclosed borrower.