EVANSTON, ILL. — A partnership between Bethesda, Md.-based Crossbeam Capital and Houston-based Concierge Asset Management has acquired Skyline at Evanston. The 17-story apartment community offers 221 units, including 26 studios, 143 one-bedroom units and 52 two-bedroom units. Located at 415 Howard St. in Evanston, the property was 65 percent occupied at the time of acquisition. Bristol Chicago Development constructed the property in 2008. The acquisition price was not released.
TROY, MICH. — Southfield, Mich.-based Bernard Financial Group has arranged a $42 million loan for Columbia Office Center I and II in Troy. The two 14-story buildings offer a total of 506,000 square feet of office space. Dennis Bernard and Kevin Kovachevich of Bernard Financial originated the financing for the borrowers, CC Troy Associates I and CC Troy Associates II. The lender was JP Morgan Chase Bank, N.A.
QUINCY, ILL. — First Bankers Trust Co. is developing a 30,000-square-foot banking facility in Quincy. Located at 1201 Broadway St., the new property is scheduled for completion in spring 2011. Maas Construction & Custom Building is serving as general contractor; Architechnics is providing architectural services; and Klinger and Associates is serving as engineers for the project.
WATERLOO, WIS. — Van Holten’s Inc. has completed the disposition of a 55,000-square-foot property. Debra and Gordon Yelk purchased the property, which is located at 720 W. Madison Ave. in Waterloo, for an undisclosed price. Charles Redjinksi and Michael Simonds of NAI MLG Commercial brokered the transaction.
PEWAUKEE, WIS. — Criticare Systems has acquired an industrial property, which is located at N7 W22025 Johnson Dr. in Pewaukee. Smiths Medical ASD sold the 52,670-square-foot facility for an undisclosed price. Dave Hazenfield, Sam Dickman Jr. and Samuel Dickman of The Dickman Company brokered the transaction.
BELLWOOD, ILL. — Dynamic Manufacturing has extended its leased at 2501 Grant Street in Bellwood. The company occupies 39,583 square feet at the property. Daniel Fanelli and Anthony Leeds of Darwin Realty & Development Corp. represented the tenant; George Cibula, also of Darwin Realty, represented the undisclosed landlord in the transaction.
AURORA, ILL. — Doug Imber, Matt Welke and Jim Barcelona of Essex Realty Group represented the undisclosed seller in the disposition of an apartment building in Aurora. Located at 1301 E. Indian Trail, the single-story property offers 21 one-bedroom apartment units and 32 parking spaces. The selling price was approximately $950,000. The buyer was not released.
FORT WAYNE, IND. — BRT Realty Trust has completed the disposition of Fort Wayne Hotel and Conference Center. Located at 300 E. Washington Blvd. in Fort Wayne, the 14-story, 208-room property will be converted into a senior living facility. Additional details about the conversion were not released. Walker Geyer and Brent Clemens of Paramount Lodging Advisors represented the seller in the transaction. The buyer and acquisition price were not disclosed.
MARION, ILL. — Marion Community Unit School District #2 has selected Swansea, Ill.-based Holland Construction Services to construct a new Creal Springs Elementary School in Marion. The $13 million, 67,000-square-foot facility is replacing a 100-year-old pre-kindergarten through eighth grade facility. The new school will feature green elements, including a geo-thermal system and natural lighting. Design Architects, a division of Hillsboro, Ill.-based Hurst-Rosche Engineers, is providing architectural services for the project. Construction is scheduled to begin in June.
SPRINGFIELD, MO. — Protel Properties has acquired an office building in Springfield for an undisclosed price. The two-story building offers 17,508 square feet of space and an additional 1.55-acre lot. Mike Fusek of Sperry Van Ness brokered the transaction on behalf of the undisclosed seller.