JANESVILLE, WIS. — CBRE has brokered the sale of a 67,680-square-foot industrial lease in Janesville, approximately 40 miles southeast of Madison. An affiliate of Sara Investment Real Estate sold the manufacturing facility to Backyard Properties of Rock Country LLC for an undisclosed price. The property, located at 2135 Beloit Ave., is 100 percent leaded to Tigre ADS USA Inc., a multinational manufacturer of construction products. Chase Brieman of CBRE represented the seller in the transaction.
JACKSON, MICH. — Colliers International has arranged a 1,200-square-foot retail lease in Jackson, approximately 35 miles west of Ann Arbor. Jackson Properties Inc. is leasing the space to HoneyBaked Ham. The property is located at 1083 N. Winser St. and will be the first HoneyBaked Ham location in Jackson. Paul Lichtenberg and Morry Levin of Colliers International represented the landlord in the transaction.
WICHITA, KAN. — Newmark Grubb Knight Frank (NGKF) has brokered the $11.5 million sale of The Epic Center Office Tower tower in Wichita. The building is 325 feet tall and has been the tallest building in the state since it was constructed in 1987. Ruffin Epic LLC purchased the 298,154-square-foot building from BACM 2005-3 Woodlawn LLC. The facility sits on 3.3 acres and is located at 301 N. Main St. Tenants at the office tower include the FBI, Secret Service, U.S. Attorney, Hinkle Law Firm, AGH and Viega NA Inc. Chris Wilkinson, Michael VanBuskirk and Chris Robertson of NGKF represented the seller in the transaction.
PALOS HEIGHTS, ILL. — Adelphia Properties has brokered the $1.6 million sale of a retail property located in Palos Heights, approximately 25 miles southwest of Chicago. The property is fully leased to tenants including Lou Malnati’s, Great Clips, Jersey Mike’s Subs and Forever Yogurt. The 5,545-square-foot retail center, located at 12801 S. Harlem Ave., was redeveloped in 2014. Simeon Spirrison of Adelphia Properties represented the buyer, a private non-1031 investor. The seller is also undisclosed.
CHICAGO — CBRE has arranged two retail leases in Chicago totaling 12,367 square feet. In the first deal, Windy City Restaurant Management LLC leased 4,928 square feet of space from The University of Illinois. The tenant plans to open a Bar Louie. The restaurant is located on Maxwell Street and will be the 14th Bar Louie location in Chicagoland. Randy Guse and Jessica Janes of Emerging Concepts represented Windy City in the transaction. In the second lease, OHM has leased 7,439 square feet from The University of Illinois to open two more restaurants — the Bracket Room and Good Stuff Eatery. Yolanda Valle represented the owner in both transactions.
MILWAUKEE — Siegel-Gallagher has arranged a 3,511-square-foot office lease in Milwaukee. Titus Talent Strategies will be occupying space at the Renaissance Building, which is located at 309 N. Water St. DOC-309 Renaissance LLC is the landlord. Dan Walsh and John Dulmes of Siegel-Gallagher brokered the transaction.
GRAND RAPIDS, MICH — Signature Associates has brokered the sale of a 3,336-square-foot office building in Grand Rapids for an undisclosed price. Tadow Inc. sold the property to 1168 Lonia LLC. Jeffery Tucker of Signature Associates represented the seller in the transaction. Space within the office building, located at 1168 Lonia Ave. NW, is still available for lease.
CHICAGO — Pillar has originated two Fannie Mae loans totaling $9.6 million for two multifamily properties in Chicago. Lancelot Lie of Pillar orientated the fixed-rate loans, which both feature six-year terms. The borrowers are affiliates of BJB Partners. A $7.8 million loan was originated for a 220-unit property located at 2850 N. Sheridan Road, and a $1.8 million loan was originated for a 76-unit property located at 420 Surf St. Both properties were fully leased.
SKOKIE AND MORTON GROVE, ILL. — Transwestern has brokered the sale of a two-building industrial portfolio in metro Chicago for an undisclosed price. The portfolio includes a 209,098-square-foot property located at 6123-6227 Monroe Court in Morton Grove and a 179,201-square-foot building located at 3500 Oakton St. in Skokie. Edler & Company Inc. sold the portfolio to an undisclosed buyer. The property in Morton Grove is comprised of five smaller units and features 28-foot clear heights. Denise Stein Chaimovitz of Transwestern represented the seller.
PLAINFIELD, IND. — JLL is the exclusive leasing entity for two new speculative industrial buildings in Plainfield, a southwestern suburb of Indianapolis. Airwest 12 and Airwest 14 are Class A properties that total 924,530 square feet. The two buildings are located at 2301 and 2201 Reeves Road. Airwest 12 is 448,305 square feet, and Airwest 14 is 476,225 square feet. The facilities feature 48-foot-by-50-foot bays, approximately 50 docks with room for expansion and ample delivery and employee parking. Each building is also divisible by 200,000 square feet. Jake Sturman and Chip Barnes of JLL will represent the owner, Northwestern Mutual.