COLUMBUS, OHIO — Turner Construction Co. has broken ground for the construction of Research Building III for Nationwide Children’s Hospital in Columbus. The 225,000-square-foot facility will serve as an anchor for the west campus expansion of Nationwide Children’s Hospital. The facility will house the Battelle Center for Mathematical Medicine, the Center for Cardiovascular and Pulmonary Research and the Center for Perinatal Research. Completion is slated for 2012. The project is being designed and constructed to meet LEED certification requirements.
Midwest
FERGUSON, MO. — Clayton, Mo.-based Oakmont Partners has acquired Oakmont Townhomes in Ferguson. Located at 1624 Northwinds Estates Dr., the 184-unit multifamily community was 89 percent occupied at the time of closing. Blue Valley Apartments sold the property for an undisclosed price. Ken Aston, Paul Cunningham and Andrea Kendrick of Hendricks & Partners’ St. Louis office represented both parties in the transaction.
TAYLOR, MICH. — Paul Burger of Burger Easton & Co. brokered a lease transaction in Taylor. A private company leased a 32,000-square-foot industrial property for an undisclosed price. Burger represented the landlord, Rea Construction Co., in the transaction.
FRASER, MICH. — HOPE Center of Macomb has inked a deal to lease a facility in Fraser. Located at 33222 Groesbeck Highway, the property offers 27,148 square feet. Jason Capitani and Chris Steele of L. Mason Capitani brokered the transaction by representing the tenant and the landlord, Groesbeck Development Group. Terms of the lease were not released.
MIDDLEBURG HEIGHTS, OHIO — Design Studio, an embroidery, silkscreen and promotional company, has signed a 5-year lease for a facility in Middleburg Heights. Located at 6909 Engle Road, Suites 5, 6 and 7, the property offers 8,300 square feet of space. Pamela Bertovich of CRESCO Real Estate represented the undisclosed landlord in the transaction. Additional information about the transaction was not disclosed.
CHICAGO — Prime Group Realty Trust (PGRT) has completed the $24 million base building renovation at 330 North Wabash, a 52-story mixed-use property located in Chicago’s River North neighborhood. The redevelopment included modernizing the base building, operational systems and select common areas. The company strived to maintain the building’s original architecture, which was designed by Mies van der Rohe. Renovations included updating common areas, restrooms, elevator cabs, and security, fire and life safety systems, as well as installing a state-of-the-art HVAC system on the redeveloped floors. PGRT will continue to renovate and modernize tenant space and common areas as new leases are signed in the building’s 37 through 47 floors.
MILWAUKEE — Chryspac LLC has leased 33,088 square feet of space in Milwaukee. The property is located at 130 W. Edgerton Ave. Barnett Capital Ltd., dba BCL Edgerton LLC, leased the property to Chryspac for an undisclosed price. Brett Garceau and Stephen Provancher of NIA MLG Commercial represented the landlord; Bob Dufek of Dufek Realty represented the tenant in the long-term lease transaction.
TINLEY PARK AND ARLINGTON HEIGHTS, ILL. — Krusinski Construction Company is constructing an expansion for Pronger Smith MedicalCare in Tinley Park. The 37,800-square-foot addition will include MRI, CT, physical therapy and treatment rooms, pediatric exam rooms, sleep lab and an OB suite. Project partners include Irgens Health Care Facilities Group and Brubaker Architects. Additionally, the company recently completed the build-out of a 12,000-square-foot laboratory space for Intertek. The space will be used to test textile materials, food and juvenile products. Additionally, Krusinski constructed a test kitchen at the site. Inverness, Ill.-based Kwasek Architects provided architectural services for the project.
DELAVAN, WIS. — STI Holdings Inc. has completed the disposition of a property located at 1827 Hobbs Drive in Delavan. U.S. Tanker-Fire Apparatus purchased the 37,360-square-foot property for an undisclosed price. John Henderson, Vytau Barcas, John McCardle and Jan Kadow of NAI MLG Commercial brokered the transaction.
KANSAS CITY, KAN. — BNE Pallet Recycling Corp. has inked a deal to lease 19,200 square feet of industrial space at 401 Funston in Kansas City. MMGP LLC leased the space to BNE Pallet for an undisclosed price. Douglas Hedrick of Grubb & Ellis|The Winbury Group represented the tenant; Brent Peterson and Nathan Anderson of Harbinger Property Group represented the landlord in the deal.