Midwest

CHICAGO — United Airlines is moving its headquarters to Chicago's Willis Tower, which currently houses the airline's new operations center. Corporate staff is moving from 77 W. Wacker to 200,000 square feet at the tower. The new deal means the company will be leasing a total of 830,000 square feet at Willis Tower. Once the deal is complete, United will occupy approximately 25 percent of the building. The company has also agreed to extend its lease by two years to 2028. A partnership of Chicago and New York investors known as 233 S. Wacker Drive LLC owns Willis Tower. Jones Lang LaSalle represented United Airlines in the lease transaction.

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CANTON, OHIO — The 11,400-square-foot Jared Jewelers Center in Canton has sold to a private group in Youngstown, Ohio for $4.6 million. The building is fully leased and tenants include Jared The Galleria of Jewelers and Danner Dental. Dan Cooper of Cooper Commercial Investment Group represented the owner, a private investor from Cleveland, in the transaction. He also secured the buyers.

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GRAYSLAKE, ILL. — McShane Construction has been selected to complete a 7,955-square-foot office project for the Illinois Bone & Joint Institute within the Belvidere Professional Center in Grayslake. McShane will construct a reception and lobby area, eight exam rooms, two cast rooms and an X-ray area. The building is located at 1275 Belvidere Road. Partners in Design is the project architect.

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MASON, OHIO — Squire Hill Properties II has acquired the Shoppes of Deerfield South, a 20,150-square-foot retail center in Mason, for $3.2 million. The center is 89 percent occupied and tenants include AAA, GameStop and SuperCuts. The transaction is Viking Partners' first disposition, which acquired 10 assets in its first fund. A team from Colliers International, including Steve Timmel, Jeff Johnston and Chris Prosser, represented Viking Partners in the deal.

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STERLING HEIGHTS, MICH. — Sterling Heights Titleholder has paid $3.35 million for a 66,312-square-foot industrial facility at 6833 Center Dr. in Sterling Heights. Built in 1998, the freestanding building recently underwent significant upgrades. The property is leased to a tenant on a long-term basis. Larry Emmons, Patrick Shannon and Mike Davidson of Newmark Grubb Knight Frank represented the seller, First Industrial Realty Trust, in the transaction. Shannon and Tony Avendt, also of Newmark Grubb Knight Frank, represented the buyer.

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ELKHART, IND. — RV Parts Nation has signed a lease for 47,253 square feet of retail space at the North Pointe shopping center, located at 3267 Northview Dr. in Elkhart. The RV parts and accessories retailer opened its store Aug. 1. The company joins Kmart as the second anchor tenant in the center. Brent Miller of FM Stone Commercial represented the tenant in the transaction. John Letherman, also of FM Stone, represented the landlord, EIG North Pointe LLC.

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COLUMBUS, OHIO — Pace Financial Group has arranged $14.4 million in acquisition financing for Eden of Whitehall, a 1,150-unit apartment property in Columbus. The borrower is New Life Core Properties. The property is located on more than 100 acres. Pace Financial negotiated the loan through Key Bank. An undisclosed equity partner provided $8.5 million.

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WHITE LAKE, MICH. — The former Farmer Jack building at the 364,000-square-foot White Lake Marketplace will soon house two new retailers. Bed Bath & Beyond signed a lease for 28,046 square feet and Jo-Ann Fabric and Craft Store is taking 25,660 square feet of retail space. The new stores join Walmart Supercenter, Home Depot, Office Max and Fashion Bug. Gershenson Realty & Investment is the broker for the property.

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KANSAS CITY, KAN. —Comprehensive Logistics (CL), a third-party logistics provider that services the local General Motors assembly plant, leased the entire 517,000-square-foot industrial building at 5300 Kansas Ave. in Kansas City for a five-and-a-half year term. The tenant also leased 120,000 square feet in an adjacent property. CL opened in half the space at 5300 Kansas Ave. in 2010. The company states that it required more space as the GM assembly plant in Fairfax grew. Mark Long of Zimmer Real Estate Services represented the building owner, BH Properties, in the transaction. Howard Moss of Omni Consulting and Jack Allen of Karbank Real Estate Co. represented the tenant.

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