CHICAGO — Cleveland-based Euro USA has purchased 4430 South Tripp in Chicago from Protein Solutions for an undisclosed amount. Situated on a 1.4-acre lot, the 35,748-square-foot, Class A food processing facility was renovated in 2004. The facility is USDA and FDA compliant and features three external loading docks. Steve Livaditis of CB Richard Ellis represented both parties in the transaction.
MARION, OHIO — Rural King has acquired 72,507 square feet of space on 10.9 acres at 233 America Blvd. in Marion. The Illinois-based farm-and-home store has 50 locations across the Midwest. Rural King offers products such as livestock feed, farm equipment, agricultural parts, lawn mowers, workwear, fashion clothing, housewares and toys. Bobby Benjamin of Goodman Real Estate Services Group represented Rural King in the transaction. Additional terms of the sale were not disclosed.
CHICAGO — Davidson Hotel Co. has completed a $12.3 million renovation at Embassy Suites Chicago-Downtown in Chicago. Located at 600 N. State St., the 11-story, 367-suite hotel features an indoor, heated swimming pool, two on-site restaurants, 6,000 square feet of flexible meeting space, a 24-hour business center, a fully-equipped fitness center and complimentary, cooked-to-order breakfast. Denver-based Design Force provided architectural services for the renovation. The hotel is owned by Sunstone Hotel Investors.
CHICAGO — Essex Realty Group has brokered the $6 million sale of 6610 and 6628 North Sheridan in Chicago. The combined 124-unit apartment buildings offer 34 studio units, 74 one-bedroom units and 16 two-bedroom units. Doug Fisher and Matt Welke of Essex brokered the transaction. The buyer and seller were not disclosed.
O'FALLON, MO. — NorthMarq Capital has arranged a $6.4 million loan for O'Fallon Crossings in O'Fallon. The 61,696-square-foot, Save 'n Shop-anchored retail center is located at 1421 Mexico Loop Road East. Financing was based on a 15-year lease term and a 20-year amortization schedule. Jeff Chaney of NorthMarq secured the loan through NorthMarq's relationship with Sun Life Assurance Company of Canada.
CHICAGO — Chicago-based Waterton Residential, on behalf of Waterton Residential Property Fund XI, has acquired a portion of Mondial River West, a 15-story, 141-unit residential property in Chicago. Waterton purchased 124 of the studio, one-, two-, three- and four-bedroom units, with plans to rent the units. Additionally, Waterton plans to furnish the rooftop deck to provide residents an outdoor entertainment area. The property features a community rooms, balconies on all units and indoor parking. Mondial River West was originally developed by Citta Development Group in 2009. Waterton Residential Property Fund XI is a $500 million discretionary multifamily investment fund. Terms of the transaction were not disclosed.
KANSAS CITY, KAN. — Gershon Investments has acquired 1333 Washington in Kansas City. Edwin E Hollandsworth sold the 32,752-square-foot industrial property sold for an undisclosed price. Paul Neal of Grindstone Industrial Properties negotiated the transaction.
KANSAS CITY, KAN. — Freight Concepts has leased 49,137 square feet of industrial space at 30 Osage in Kansas City. Terms of the 4-year lease were not disclosed. The landlord is Premier Investments. Paul Neal of Grindstone Industrial Properties brokered the transaction.
ST. PAUL, MINN. — St. Louis Park, Minn.-based RJM Construction is renovating the 18,000-square-foot Toogood building, which is located at 2230 Como Ave. in St. Paul. Purchased by The Emily Program in 2010, the building is being converted to provide residential and outpatient treatment for teens with eating disorders and their families. The facility will include living quarters with five bedrooms, group counseling rooms, exams rooms and staff offices. 292 Design Group is providing architectural services for the project, which is scheduled for completion in July.
WAUKESHA, WIS. — Coffee LLC has acquired a 7,056-square-foot, multi-tenant retail property, located at 2320 E. Moreland Blvd., in Waukesha for an undisclosed price. The property was sold by 2320 East Moreland Boulevard Waukesha LLC. The center is fully leased to Cousins Subs, CPAP2GO and Aspen Dental. James Young of Milwaukee-based Cassidy Turley Barry represented the buyer; Ted Thomsen of Dallas-based NAI Robert Lynn represented the seller.