Midwest

CHICAGO — NelsonHill has arranged the sale of three properties on the north side of Chicago totaling $5.3 million. Intrinsic Charter School has purchased the former Shannon Lumber facility at 4540 W. Belmont Ave. The property features a 40,000-square-foot lumber shed and wholesale building situated on 2.3 acres. Shannon Lumber was the owner and operator for 72 years before liquidating the business and listing the property for sale with NelsonHill. Marino Dodge purchased the remaining Gateway Chevy portfolio at 5349-5389 N. Milwaukee Ave. The property consists of two showroom buildings and spans 21,400 square feet. Mark Nelson and Michael Nelson, principals at NelsonHill represented the ownership in the transaction. Duray Electric sold its building at 2050 W. Balmoral Ave. in Chicago. The 57,000-square-foot building features 16- to 24-foot clear ceiling heights with parking. Frank Melchert, senior vice president with NelsonHill, represented the buyer, a private local investor, and the seller in the transaction.

OMAHA, NEB. — Q10 | Daisley Ruff Financial has arranged $3.3 million in financing for the acquisition of a 117,700-square-foot, 480-unit storage and industrial facility in Omaha. The borrower, Jasper Stone Cherry Hills LLC, received a non-recourse, 15-year loan that includes a fixed interest rate and a 25-year amortization schedule. Bob Chalupa, senior vice president of Q10 | Daisley Ruff Financial, arranged the financing through a correspondent lender.

OVERLAND, MO. — Front Row Produce has purchased a 53,000-square-foot building in Overland, a northwest suburb of St. Louis, for $2.5 million. The St. Louis-based produce distributor will move to its new building at 162 Belt Way Drive in March. Front Row Produce plans to invest $500,000 in renovations for office space, cooler walls and racking systems. Scott Martin of Hilliker Corp. represented the buyer and the seller, Ken-Yatta LLC, in the transaction. The company, which sells to both foodservice distributors and retail stores, was previously located at 2427 N. Ninth St. in a 23,000-square-foot building.

CHICAGO AND LYONS, ILL. — Bridge Development Partners LLC has arranged two leases totaling more than 100,000 square feet at cold storage facilities in Chicago and Lyons. Bridge completed a new 59,121-square-foot lease with Miami-based Quirch Foods Inc. at 8424 W. 47th St. in Lyons, and separately, at another cold storage facility at 2658 S. Leavitt St. in Chicago, the firm renewed tenant Alpha Baking Co. in a 10-year, 53,644-square-foot lease.New tenant Quirch, established in 1967, is a distributor, importer and exporter of food products to the food retail and food service industries and will open its first Midwest location at the 314,000-square-foot cold storage facility.In the new lease, Quirch was represented by Scott Duerkop and Conor Mullady of Jones Lang LaSalle, while the ownership was represented by Steve Connolly and Larry Much of NAI Hiffman. Dennis Salinas of Lowenbaum REP represented Alpha in the lease renewal.