HARRISON TOWNSHIP, MICH. — Landmark Commercial has arranged the $4 million sale of a single-tenant retail building in Harrison Township. The building is leased on a long-term basis to West Marine, a boating accessories retailer. Daniel Kukes and Kevin Baker of Landmark Commercial represented the buyer, a non-traded REIT, in the transaction. They also represented the seller, a local developer.
EDINBURGH, IND. — M&L Storage LLC has purchased Secure Storage, a 15,920-square-foot self-storage facility in Edinburgh, for $350,000. The property is a Class B+ facility with 106 storage bays and is located at 7659 E. State Rd. 252. Mickey Hurley of Marcus & Millichap represented the seller, Secure Storage LLC, in the transaction. He also represented the buyer.
MARISSA, ILL. — Holland Construction Services has completed a new, $4.5 million industrial shop and administration building for Prairie State Generating Co. in Marissa. The 29,841-square-foot facility includes an administration area, locker rooms, a drive-through industrial shop and a 20-ton crane. The Prairie State campus in Marissa is an electric generation facility. The campus includes a 1600-megawatt plant and adjacent coal mine and is 95 percent owned by eight public power companies.
MILWAUKEE — Ministry Health Care has renewed its lease of 22,285 square feet of office space at 11925 W. Lake Park Dr. in Milwaukee. Jack Jacobson and Time Janusz of NAI MLG Commercial represented the tenant in the transaction. Westminster Funds is the landlord.
CHICAGO — Burlington Coat Factory has leased 60,096 square feet at a former Filene's Basement in Chicago. The new location, slated to open this fall, is located at the northeast corner of State and Madison streets. Bobby Melsher of Zifkin Real Estate represented the tenant in the transaction. Sharon Kahan and Dan Jacobson of CBRE represented the landlord. The store marks the retailer's 27th location in Illinois and is part of Burlington's broad plan to open more than 20 stores in 2012.
EVANSTON, ILL. — Beech Street Capital has arranged a $4.3 million HUD 232/223F loan to refinance Evanston Nursing & Rehabilitation Center in Evanston. The center is a 57-bed skilled nursing facility. Joshua Rosen of Beech Street Capital originated the loan through the Federal Housing Administration.
ROMEOVILLE, ILL. — Principle Construction Corp. has completed a 184,320-square-foot renovation project within a 444,171-square-foot industrial building in Romeoville. AP Taylor Road LLC owns the facility, which is located at 1075 W. Taylor Rd. Principle was tasked with converting the single-tenant facility into a multi-tenant building. Feher Architects provided architectural services for the project.
MILWAUKEE — Verizon Wireless has signed a lease for 10,681 square feet of office space at 2514 S. 102nd St. in Milwaukee. Ned Purtell and Patti Stevens of RFP Commercial represented the landlord, Westminster Lincoln LLC, in the transaction.
CHICAGO — Myers Place, a $13.2 million affordable housing development, has broken ground in the northwest suburbs of Chicago. Myers Place will offer affordable housing for individuals who are disabled, mentally ill or formerly homeless, who have the ability to live independently. The property will consist of 39 apartment units and include a community room with kitchen, laundry facilities and offices for case managers. Chicago-based Daveri Development Group is building the property. The project is being funded by a variety of partners, including UnitedHealthcare of Illinois and the Illinois Housing Development Agency. Myers Place is expected to open in the summer of 2013.
FRANKFORT, IND. — Marcus & Millichap has arranged the $2.2 million sale of Sterling Court Apartments, an 80-unit property in Frankfort, about 50 miles northwest of Indianapolis. Brent Silcox of Marcus & Millichap's Indianapolis office represented the seller, a limited liability company, in the transaction. He also secured the buyer, a limited liability company.