COLUMBUS, IND. — San Francisco-based Piping Rock Partners has refinanced $4.35 million in acquisition debt for the 120-unit Fox Pointe Apartments, located at 4740 Fox Trail Ln. in Columbus. The FHA provided the 35-year loan, which is fully amortized.
CHICAGO — Summit Design + Build has completed a $20 million, 91,000-square-foot headquarters and product distribution facility for Testa Produce, located at 4555 S. Racine Ave. in Chicago. The facility sits on 11 acres in the Chicago Stockyards Industrial Park. Testa Produce will relocate from its existing facility at 1501 N. Blue Island Ave. in Chicago.
PORT WASHINGTON, WIS. — Aldrich Chemical Co. has purchased a 182,000-square-foot industrial property, located at 690 W. Oakland Ave. in Port Washington, from Park Street Industrial. Brian Parrish and Dave Hazenfield of Milwaukee-based The Dickman Co. — CORFAC International represented the seller in the transaction. Elizabeth Kane and Katie Hobbins of Coldwell Banker Commercial represented the buyer.
ST. LOUIS — Q10 Triad Capital Advisors has closed $28 million in financing for the 197,500-square-foot Brentwood Square, a shopping center located at 1519-1909 Brentwood Blvd. in St. Louis. A life insurance company provided the 10-year loan.
OLATHE, KAN. — NorthMarq Capital has arranged $3.92 million in first mortgage financing for the 154-unit Southfork Apartments, located at 892 E. Old Hwy. 56 in Olathe. Brent Blake of NorthMarq's Kansas City, Kan., office arranged the 10-year loan with a 30-year amortization schedule through Freddie Mac.
TOPEKA, KAN. — Orozco Capital Trust has purchased the 116-unit Shawnee Lakes Apartments, located at 3613 Southeast Terrace in Topeka, for $4.2 million. The property is currently 95 percent occupied. Jeff Englert and Nathan Farha of Grubb & Ellis — Martens Commercial Group's Wichita, Kan., office, represented Wichita-based Shawnee Lakes Apartments, LP, the seller, in the transaction.
LORAIN, OHIO — Luttner Real Estate Investment Services has brokered the $3.12 million sale of a 11,606-square-foot freestanding building, located at 221 W. 5th St., in Lorain. The U.S. Social Security Administration has a 13-year lease on the building, which commenced in April. Dan Lariccia of Luttner's Cleveland office represented the seller, a private developer, and procured the buyer, a private investment group.
MANCHESTER, MO. — NorthMarq Capital has secured $4 million in financing for the 126,179-square-foot Lafayette Center, located in Manchester. Jeff Chaney with NorthMarq's St. Louis office secured the 10-year loan with a 30-year amortization schedule through PPM Finance.
GREENWOOD, IND. — Cassidy Turley has negotiated the sale of a 163,200-square-foot warehouse, located at 2011 & 2121 Southtech Dr. in Greenwood, for an undisclosed price. Jeffrey Castell and Angela Wethington of Cassidy Turley's Indianapolis office represented the seller, RBA, in the transaction. Cabot Properties, the buyer, was self-represented.
WIXOM, MICH. — Signature Associates has brokered the $3.7 million sale of a 76,000-square-foot industrial property, located at 30893 Century Dr. in Wixom. Jim Montgomery, David Giltner and Steve Gordon of Signature Associate's Southfield, Mich., office represented the seller, Harmon Highway Co., in the transaction. Montgomery and Gordon also represented the buyer, Mans.