ELWOOD, ILL. — Saddle Creek Corp. has signed a 415,800-square-foot lease at the 1.18 million-square-foot CenterPoint Intermodal Center in Elwood, Ill. Daniel Leahy and Adam Roth of NAI Hiffman's Oakbrook Terrace, Ill., office represented CenterPoint Properties, the landlord, in the lease transaction. Jack Cozzie and Jim Cummings of Grubb & Ellis' Rosemont, Ill., office represented the tenant.
Midwest
INDIANAPOLIS — State Farm Insurance has signed a lease for 88,408 square feet of space at a 146,801-square-foot office building, located at 9200 Keystone Crossing in Indianapolis. Aasif Bade of Ambrose Property Group represented the tenant in the lease negotiations, and John Robinson and Abby Cooper of Jones Lang LaSalle's Indianapolis office represented the landlord, BPG Properties.
MILWAUKEE — Milwaukee-based The Dickman Co./CORFAC International has negotiated the sale of a 374,736-square-foot industrial property, located at 6101-05 N. 64th St. in Milwaukee, for an undisclosed price. Jack Andersen and Janis Andersen sold the property to T & M Industrial Properties. Dave Hazenfield, Sam Dickman, Jr., and Sam Dickman of The Dickman Co./CORFAC International represented both parties in the transaction.
VERNON HILL AND ORLAND PARK, ILL. — Crystal Lake, Ill.-based Gallant Building Solutions has recently completed two renovations for hhgregg stores in Vernon Hills and Orland Park. Both locations totaled more than 70,000 square feet of retail space. Renovations included the demolition of existing interior finishes, remodel of existing restrooms, new store front entrances and sidewalks. Interior finishes included lighting, flooring, drywall, painting, electrical and HVAC systems.
OXFORD TOWNSHIP, MICH. — Verity has purchased a 58,000-square-foot industrial building, located at 575 Glaspie St. in Oxford Township, for an undisclosed price. Joe Banyai and Clint Confer of Southfield, Mich.-based Signature Associates represented Saturn Electric, the seller, and Paul Hoge of Signature Associates represented the buyer in the transaction.
MELROSE PARK, ILL. — HSF Industries has leased 80,000 square feet of industrial space at the 300,251-square-foot facility, located at 2100 N. 15th Ave. in Melrose Park. Stephen Connolly, Lawrence Much and Kelly Disser with NAI Hiffman's Oakbrook Terrace, Ill., office represented the tenant in the lease transaction. Murry Karbin with Chicago-based Summit Commercial represented the landlord, Scarlato & Sons.
AURORA, ILL. — GCR Corp. has purchased a 220,000-square-foot industrial facility, located at 705 Enterprise St. in Aurora, from JVC America for $6.2 million. The building includes 35,000 square feet of office space, 20 interior docks, two drive-in doors and has a 24-foot clear ceiling height. Eric Tresslar of NAI Hiffman's Oakbrook Terrace, Ill., office represented the buyer in the transaction and Kirk Armour and David Prell of CB Richard Ellis' Schaumburg, Ill., office represented the seller.
MINOOKA, ILL. — Electrolux has signed a 500,000-square-foot lease at the 965,183-square-foot Minooka Ridge Building II, located at 801 Midpoint Rd. in Minooka. Chris Wood, Anthony Burns and Jordan Decker of UGL Services' Chicago office represented the tenant in the lease negotiations. James Estus of Colliers International's Rosemont, Ill., office represented the landlord, Opus Development Corp., with Greg Terwillinger and Mike Yungerman of Opus.
FLINT, MICH. — Bruce Gerhart of Love Funding's Cleveland office has arranged $2.82 million in refinancing for the 180-unit Linden Lane Apartments, located at 3095 Linden Ln. in Flint. The 35-year, fully amortizing loan was provided by the FHA's 223 (f) loan insurance program.
FRANKLIN PARK, ILL. — Vapor Power International has renewed its 51,200-square-foot lease on an industrial building, located at 551 County Line Rd. in Franklin Park. Gregory Wright and Adam Naparsteck of Chicago-based Paine/Wetzel — ONCOR International represented County Line Investors, the landlord, in the lease transaction. Andy Corken of CB Richard Ellis' Chicago office represented the tenant.