ORLAND PARK, ILL. — Marcus & Millichap has brokered the $2.09 million sale of a 6,000-square-foot, single-tenant, net-leased property, located at 12155 S. LaGrange Rd. in Orland Park, which is currently leased to DaVita Dialysis Center. Evan Halkias and Michael Marks of the firm's downtown Chicago office represented the seller, a private investor, and John Abuja and Jason St. John of the same office represented the buyer, a limited liability company.
BISMARCK, N.D. — NorthMarq has arranged $11.31 in first-mortgage financing for the 167-unit Hawk Point Apartments, located at 4101 Montreal St. in Bismarck. The fully-amortized loan was arranged through AmeriSphere Mortgage Finance, a FHA mortgage lender.
OMAHA, NEB. — NuStyle Development has purchased the 250,000-square-foot former Enron headquarters building, located at 24th and Dodge streets in Omaha. NuStyle plans to renovate the property and turn it into a 180-unit apartment building. The renovation will include new windows, mechanical and electric systems. R.J. Neary and Ryan Zabrowski of Omaha-based Investors Realty represented the buyer in the transaction. The Lund Co. represented the seller, an Omaha-based bank that took the property back in foreclosure in 2001.
INDIANAPOLIS — Chicago-based Pearlmark Real Estate Partners has closed on a $6.5 million mezzanine loan for the 1.1 million-square-foot PepsiCo Distribution Center in Indianapolis. The property is leased to Quaker Sales and Distribution, a division of PepsiCo. Michael Girimonti and Mark Witt of Pearlmark arranged the financing.
IMPERIAL, MO. — Holland Construction Services has completed the $1.8 million renovation and expansion of the 55,647-square-foot H.W. Herrell Distributing Co. warehouse in Imperial. The project involved the rebuild of 11,000 square feet of the facility and the addition of 3,000 square feet of space.
EFFINGHAM, ILL. — Cambridge Realty Capital Cos. has arranged a $5.2 million HUD Lean loan to refinance the 133-bed Lakeland Rehabilitation and Healthcare Center in Effingham. The 30-year loan is fully amortized and was arranged on behalf of the property's owner using the HUD Section 232 pursuant to Section 223(f) funding program.
SUGAR GROVE, ILL. — Schaumburg, Ill.-based Entre Commercial Realty has negotiated the $1.9 million sale of a 40,105-square-foot industrial property, located at 1960 Bucktail Ln. in Sugar Grove, for an undisclosed price. The facility features 3,775 square feet of office space, 28- to 32-foot clear ceilings, an active rail spur and expansion land. Brian Bocci, John Gazzola and Nick Walby with Entre represented Marriott Drywall Materials, the seller, and Jace Murray of St. Charles, Ill.-based Murray Properties represented the buyer, Producers Chemical Co.
OAK CREEK, WIS. — American Tire Distributors has signed a leased for 120,000 square feet of industrial space in a facility currently under construction at 340 Mahn Ct. in Oak Creek. Samuel Dickman, Sr., and Samuel Dickman, Jr., of Milwaukee-based The Dickman Co./CORFAC International represented the tenant in the transaction. The landlord for the property is Mahn Court ATD.
NEW LENOX, ILL. — Premier Design + Build Group has started construction on the 22,869-square-foot Silver Cross Hospital/University of Chicago Medical Center, a two-story cancer treatment center in New Lenox. The project features an architectural precast connector link that will adjoin the new facility to the existing medical office building on the Silver Cross Hospital campus. RTKL Associates is providing architectural services for the project, which is scheduled for completion in November.
KENOSHA, WIS. — Faris Lee Investments has negotiated the $6.6 million sale of a 30,000-square-foot, single-tenant retail property, located at 7021 120th Ave. in Kenosha, which is currently leased to Best Buy. Jeff Conover of Faris Lee represented the seller, Del Mar, Calif.-based GM Investors, and the buyer, Phoenix-based Cole Capital.