Midwest

GREEN BAY, WIS. — Rubicon US Reit has purchased Bellevue Town Center, a 74,270-square-foot grocery-anchored retail center in Green Bay for $12 million in an off-market transaction. The fully occupied center is anchored by a 64,470-square-foot Copps grocery store. The center also includes seven small shop spaces totaling 9,800 square feet. The property is located at 2064 Lime Kiln Road. Greg Dietz and Danny Spitz of Baum Realty Group represented the buyer in the transaction. The seller was Outlook Development Group.

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ELGIN, ILL. — Midwest Elite Gymnastics Academy (MEGA) is relocating from South Barrington to an 18,680-square-foot facility in Elgin, directly off Interstate 90. MEGA is a training facility for children and young adults for fun, fitness seekers and serious competitors. This year, MEGA included 25 individual state champions. The new gym will open this January. Olivia Czyzynski and Amy Kelly of Sperry Van Ness Advisors represented the tenant in the transaction.

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ORION TOWNSHIP, MICH. — DLS Detroit has signed a lease for 55,968 square feet of industrial space at 325 Silverbell Road in Orion Township. DLS Detroit is a logistics company with services that include cross-border trucking, warehousing and distribution. Joe Hamway, Mark Hamway and Paul Hoge of Signature Associates represented the landlord, Ashley Capital, in the transaction. Joe Banyai, also of Signature, represented the tenant.

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LISLE, ILL. — American Building Maintenance Co. has signed a lease for 8,196 square feet of office space at 550-650 Warrenville Road in Lisle. The building is located within the Corporetum Office Campus and includes on-site food service, a conferencing facility, fitness center and private corner balconies. Patrick Kiefer and Jim Adler of NAI Hiffman represented the landlord, Winthrop Realty Trust, in the transaction. Eric Sorensen of Cushman & Wakefield and David Anderson of Fritsche Anderson Realty Partners represented the tenant.

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MILWAUKEE — Northwestern Mutual Life Insurance Co. plans to build a new $300 million office tower at its downtown Milwaukee campus. The company is currently seeking a reported $48 million in city financing for the project. The financing would come in the form of a tax incremental financing district. The 840,000-square-foot tower is planned at the site of the company's current office building at North Cass and East Mason streets. Last year, the company said it would demolish the 500,000-square-foot building, which currently houses 1,100 employees, due to significant maintenance costs. Northwestern says the new building will have the capacity for as many as 1,700 employees.

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WICHITA, KAN. — Several new tenants have joined Bradley Fair, a 280,000-square-foot lifestyle center in Wichita. Specialty grocer Fresh Market opened a 22,000-square-foot location, and Soma Intimates, a sleepwear retailer, also opened a new space. Versona Accessories and Apricot Lane, both women's specialty retailers, will open at the center next spring. Bradley Fair, which contains more than 50 stores and restaurants, was developed by Laham Development in 1990.

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