YORKVILLE, WIS. — Anixter has signed a 61,767-square-foot lease at 1800 S. Sylvania Ave. in Yorkville. Scott Furmanski, Trent Poole and Roger Siegel with CB Richard Ellis' Milwaukee office represented CenterPoint Wispark Land Co., the landlord, in the transaction.
Midwest
UNIVERSITY CITY, MO. — A joint venture between The McCarthy Building Cos. and Kwame Building Group has started site preparation for the new 63,000-square-foot Pershing Elementary, a $12.8 million project. The school will be built to achieve LEED standards and is scheduled to open in the fall of 2012.
KIRKWOOD, MO. — David Garfinkel of NorthMarq Capital's St. Louis, Mo., office has arranged a $25 million mortgage for the 412-unit Kirkwood Bluffs, located at 1157 Timerbrook Dr. in Kirkwood. The 10-year financing has a 25-year amortization schedule and was arranged through AmeriSphere Multifamily Finance.
CHAGRIN FALLS, OHIO — Cleveland-based NAI Daus has arranged a 30,240-square-foot lease for Blue Tractor Foods at 528 E. Washington St. in Chagrin Falls. Jeffrey Calig and David Hexter of NAI Daus represented the tenant in the transaction.
ST. LOUIS, MO. — Stifel Financial Corp. has agreed to acquire One Financial Plaza, a 435,000-square-foot office building located at 501 N. Broadway in St. Louis, from Parmenter Realty Partners. The building will serve as it's new headquarters. The company is working with the local economic development council for a plan to support the acquisition of the building and ensuing job growth. Stifel had been rumored to anchor the long-delayed Ballpark Village mixed-use project prior to this acquisition.
WAUKESHA, WIS. — Milwaukee-based RFP Commercial has brokered the $2.85 million sale of a 32,000-square-foot office building located at N16 W23377 Stone Ridge Dr. in Waukesha. Bob Flood and Scott Revolinski of RFP represented the seller, Bielinski Homes. WELS was the buyer.
INDIANAPOLIS, GREENSBURG AND WESTFIELD, IND. — Red Mortgage Capital has provided refinancings totaling $13.71 million for three senior housing properties located in Indiana on behalf of American Eagle LifeCare Corp. In Indianapolis, the 60-unit Home Place received a $2.25 million loan; in Greensburg, the 96-unit Morning Breeze received a $7.65 million loan; and in Westfield, the 111-unit Sanders Glen received a $3.81 million loan. Terms of the financing were undisclosed.
CENTRAILIA, ILL. — Cambridge Realty Capital Companies has secured a $8.6 million HUD Lean Loan to refinance the 120-unit Centralia Manor, a skilled care nursing home located at Centrailia. The 35-year, fully amortized loan was arranged for the owner, an Illinois-based limited liability company, through HUD's Section 223(a)(7) funding program.
ST. PAUL, MINN. — St. Paul-based Oak Grove Capital has arranged a $437.8 million Fannie Mae DUS credit facility for Brookdale Senior Living. The 7-year loan, which is 75 percent-fixed rate and 25 percent variable rate, was used to refinance existing loans for 44 different properties totaling 4,145 units. The properties include assisted living, independent living, memory care and skilled nursing facilities in 13 states including Florida, California, Texas and Ohio.
NEW BERLIN, WIS. — Stan Johnson Co. has negotiated the $30 million sale of the 359,625-square-foot BuySeasons office building, located at 5915 S. Moorland Rd. in New Berlin, to Angelo, Gordon & Co. Brett Butler of Stan Johnson Cos.' Houston office represented the seller, a Milwaukee-based developer.