CHICAGO — CompUSA has selected Skokie, Ill.-based The Missner Group to serve as general contractor for the renovation and expansion of the company’s CompUSA/Systemax retail location at 2500 N. Elston Ave. in Chicago. The renovation includes development of a new showroom, offices and applicable support facilities. Additionally, the project involves the complete overhaul of all mechanical and electrical systems, as well as a redesign of the exterior of the property. Sara E. F. Gensburg is providing architectural services for the project, which is slated for completion in May.
WAUKESHA, WIS. — Tybecca LLC has acquired 17,803 square feet of space in Waukesha. The property is located at 1230 and 1260 S. West Ave. Brian Parrish of The Dickman Company represented the buyer; Adam Matson of NAI MLG Commercial represented the seller, the Estate of Duane E. Warren, in the transaction. Terms of the sale were not released.
CHICAGO — Principle Construction Corp. is currently constructing a 29,711-square-foot facility for Merrill Avenue Baptist Church in Chicago. Located at 2600 E. 95th St., the new facility will feature a 360-person congregation area, administrative offices, a daycare area and an outdoor play area for children. Additionally, the project is incorporating green elements, including a vegetated roof, bio-swales, native plantings, an underground detention system, increased insulation thickness in the roof and walls, high-efficiency HVAC equipment and energy-saving electrical components. Completion is scheduled for October.
KANSAS CITY, MO. — Fort Worth, Texas-based Atlas Partners has acquired 27 condominium units in the 34-unit Liberty Lofts in Kansas City. Located at the corner of Pershing Road and Broadway, the property features a rooftop deck, free wireless Internet, loft-style designs, covered parking, a fitness center and downtown views. The units feature modern-style kitchens, stainless stain appliances, high ceilings, stained concrete flooring and accented color walls. Atlas acquired the units as a principal in partnership with Dallas-based Trinity Private Equity Group. Terms of the acquisition were not released.
MILWAUKEE — Salt Lake City-based SilverLeaf Financial has purchased a $17.4 million face value loan. The note is collateralized by Tannery Office Park, a 317,051-square-foot retail/office complex in Milwaukee. Constructed from 1890 to 1913, the property is comprised of six buildings on 10.34 acres. At the time of acquisition, the property was occupied by 20 tenants.
OWENSVILLE, IND. — Cambridge Realty Capital Cos. has closed on a $4.32 million FHA-insured HUD Lean mortgage loan for a skilled nursing home in Owensville. Transcendent Healthcare of Owensville offers 68 beds. Cambridge Realty Capital Ltd. of Illinois arranged the fully amortized, 27-year term loan for the property’s owners, an Indiana limited liability company.
NORTHBROOK, ILL. — Meridian Design Build has completed a 12,500-square-foot corporate office headquarters renovation for Highland Baking Co. in Northbrook. The project included private offices, a sales area, updated restrooms, conference rooms and an employee lunch area. Additionally, the project included the installation of an ultra-high efficiency boiler, new high-efficiency rooftop units and an updated plumbing system. A+M Architects provided architectural services for the project.
O’FALLON, MO. — Holland Construction Services is currently constructing a 21,428-square-foot fellowship project for St. Nicholas Roman Catholic Church, which is located at 625 St. Nicholas Dr. in O’Fallon. The project includes an 11,628-square-foot activity center and a 9,800-square-foot spirituality center. The activity center will feature a youth room, three classrooms and a multi-purpose room. The spirituality center will feature a chapel, a nursery, three classrooms, a large group gathering area, a formal discussion room and an informal discussion room. Completion is slated for December. Fairview Heights, Ill.-based W.B. Ittner is providing architectural services; Fairview Heights-based Hoelscher Engineering is serving as civil engineer; and Belleville, Mo.-based BRIC Partnership is providing mechanical, electrical and plumbing engineer services for the project.
NORTHBROOK, ILL. — A partnership between Mitch Kahn, Josh Joseph and Matt Darin has created Frontline Real Estate Partners in Northbrook. The firm specializes in acquiring value-add, distressed and surplus real estate assets nationwide. Additionally, the firm counsels financial institutions, private companies and restructuring advisors on real estate matters. Kahn, Joseph and Darin formerly served at Hilco Real Estate in Chicago.
CHICAGO — Canada-based Sun Life Assurance Co. has acquired 29 North Wacker Drive in Chicago. The 10-story, 129,262-square-foot Class A office property sold for an undisclosed price. Designed and built in 1961 by A. Epstein & Sons, the property was renovated in 2000 by Skidmore Owings & Merrill. The building features 10,000 square feet of retail space, which is occupied by McDonald’s, The UPS Store and Taco Fresco. Current office tenants include Baker Miller, James Hardie Building and Fletcher & Sippel. NAI Hiffman assisted Sun Life in the acquisition, and NAI Hiffman has been retained to manage the building.