COLUMBUS, OHIO — CB Richard Ellis has negotiated the sale of the 407,472-square-foot One Columbus, a 26-story office building located at 10 W. Broad St. in Columbus. George Stecz and Don Roberts of CB Richard Ellis' Columbus office represented Invesco Real Estate, the seller, in the transaction. The buyer was White Plains, N.Y.-based True North Management Group.
JOHNSTON, IOWA — Hubbell Construction has completed three units and the clubhouse for the $5.9 million, 31-unit The Cottages at Johnston Commons, a senior living community located at 5814 Northglenn Dr. in Johnston. An additional eight units are slated for completion by the end of October. Amenities include a community gardening area, clubhouse, business center and 24-hour fitness center.
KANSAS CITY, MO. — NorthMarq Capital has secured $5.86 million in first mortgage financing for the 83-unit Richards and Conover Lofts, located at 200 W. 5th St. in Kansas City. David Garfinkel of NorthMarq's St. Louis office arranged the 7-year loan with a 30-year amortization schedule through AmeriSphere Multifamily Finance.
ROYAL OAK, MICH. — Marcus & Millichap has arranged the $12.3 million sale of a 45,000-square-foot LA Fitness, located at 25352 Woodward Ave. in Royal Oak. Mark Thiel of Marcus & Millichap's San Diego office represented the buyer, a Southern California-based private family trust. LA Fitness' triple-net lease extends through September 2030.
NEENAH, WIS. — NAI MLG Commercial has negotiated the sale of a 83,100-square-foot warehouse, located at 2411 Industrial Dr. in Neenah. Steven Boysa of NAI MLG Commercial's Appleton, Wis., office represented Outlook Group Corp., the seller, in the transaction. The buyer was Baitan Enterprises.
ROMULUS, MICH. — DHL Global Forwarding has signed a 100,000-square-foot industrial lease renewal, located at 11400 Metro Airport Center Dr. in Romulus. Brad Viergever and Mark Hamway of Southfield, Mich.-based Signature Associates represented IAC Metro, the landlord, in the lease transaction.
OAK PARK, MICH. — Southfield, Mich.-based Signature Associates has negotiated the sale of a 95,148-square-foot industrial building, located at 13000 W. Eight Mile Rd. in Oak Park. Paul Hoge of Signature Associates represented the seller, GHB, in the transaction and Steve Gordon, also of Signature Associates, represented B & S Property Holding, the buyer.
OMAHA, NEB. — Omaha-based Q 10 — Daisley Ruff Financial has arranged $4.92 million in financing for a 49,101-square-foot office building, located in Omaha. E.T. Daisley secured the loan through a correspondent lender.
INDIANAPOLIS — David A. Noyes & Co. has signed a 38,880-square-foot lease at One West in Parkwood West, located at 250 W. 96th St. in Indianapolis. The company will relocate and consolidate its operations in December 2011 from downtown. Bill Ehret of Indianapolis-based Summit Realty Group represented the tenant in the lease negotiations. Duke Realty is the landlord.
CHICAGO — Marcus & Millichap has brokered the $10.8 million sale of a 13,738-square-foot retail property, located at the corner of West Chicago Avenue and North Orleans Street in Chicago. Walgreens anchors the property, which also includes Verizon Wireless and Bank of America. Austin Weisenbeck and Sean Sharko of Marcus & Millichap's Oak Brook, Ill., office represented the seller, a local developer, in the transaction.
