INDIANAPOLIS — Shoppers World has signed a long-term lease to occupy 85,000 square feet at Felbram Plaza North, which is located at the corner of U.S. 31 and National Avenue in Indianapolis. The store joins a roster of national and regional tenants, including Dollar Tree, Payless Shoes, GameShop, Fantastic Sams, MCL Restaurant, Firestone Tires, CiCi’s Pizza, Radio Shack and GNC. New York-based Winbrook Management represented the property owner, Nassimi Realty, in the transaction. Terms of the lease were not disclosed.
WINTHROP HARBOR, ILL. — Marcus & Millichap’s Demetrie Livaditis represented the developer in the disposition of Harbor Plaza Retail Center in Winthrop Harbor. Located at 1201-1275 Sheridan Road, the 60,980-square-foot center sold for $3.7 million. Amalgamated Bank issued a 60 percent loan-to-value acquisition loan for the property. The buyer was not disclosed.
CHICAGO — Chicago-based Golub & Co., on behalf of property owner OGM Investors II, has completed the development of Streeter Place, a 54-story luxury apartment tower located at 355 E. Ohio St. in Chicago’s Streeterville neighborhood. The property features 480 apartments and a 402-space parking garage. Additionally, the property features 10,000 square feet of retail space, a lobby, a business services center, a party room, a game room, a reading lounge, an upscale media room, a fitness center with two indoor spas and an outdoor swimming pool. James McHugh Construction Co. served as general contractor for the project, which was designed by Solomon Cordwell Buenz & Associates.
PLEASANT PRAIRIE, WIS. — C&H Distributors has signed a lease to occupy 320,000 square feet of space at LakeView XII, which is located within LakeView Corporate Park in Pleasant Prairie. The company is relocating its operations from Milwaukee. The facility features 50 truck-loading docks, four drive-in overhead doors, 32-foot clear-ceiling heights and ample truck parking spaces. Trent Poole of CB Richard Ellis represented the tenant; Whit Heitman and Samuel Badger of Paine/Wetzel•ONCOR International represented the landlord, CenterPoint Properties. Additional terms of the lease were not disclosed.
CHICAGO AND HANOVER PARK, ILL. — Alliant Capital has arranged a total of more than $12.4 million in refinancing for four multifamily communities in the Chicago area. Aaron Abelson of Alliant Capital secured financing for a private borrower for three properties in Chicago. A 60-unit property on Sheridan Road received a $2.6 million loan; a 46-unit community, also on Sheridan Road, received $1.9 million and a 45-unit property on Sacramento received $2 million. Additionally, Abelson secured $5.9 million for the 120-unit Orchard Hills Apartments in Hanover Park.
EAST ST. LOUIS, ILL. — St. Paul Baptist Church and St. Andrew’s Resources for Seniors have partnered to develop Rush Senior Gardens, a senior-living community located at 1530 Bond Ave. in East St. Louis. The three-story facility offers 54 one-bedroom apartment units with fully equipped kitchens, living rooms and bathrooms, Additionally, the property offers commons areas and on-site management. The property is funded by a $5.96 million grant from the U.S. Department of Housing and Urban Development. R.G. Ross Construction Co. served as general contractor for the project, which was designed by Grice Group Architects.
ROMEOVILLE, ILL. — Tulsa, Okla.-based Senior Star Living has developed Senior Star at Weber Place, a 346-unit senior-living facility located at 600 and 605 S. Edward Drive in Romeoville. The property includes a two-story, 47,000-square-foot Memory Care building, which offers 77 memory-care apartments, and a 360,000-square-foot residential building offering 269 independent-living and assisted-living apartments. The community also offers interior and exterior gathering areas, three life-long learning centers, a library, a wellness area, an Internet café, a hair salon, two dining areas, an indoor pool and 110 underground parking spaces. McShane Construction Co. served as general contractor for the project, which was designed by Eppstein Uhen Architects.
SCOTT CITY, MO. — Contegra Construction Co. has completed the construction of a $2.5 million John Deere dealership, which is located at 1400 E. Outer Road in Scott City, for Wm. Nobbe & Co. The 42,250-square-foot structure is replacing Nobbe’s current dealership at 2900 Old Orchard Road in Jackson, Mo. The new facility features an 18,000-square-foot service center, 9,000 square feet of showroom and office space and a 7,500-square-foot parts department.
CHICAGO — Glascott & Associates has acquired two mixed-use properties in Chicago. The apartment and retail properties are located at 1670 W. Division St. and 1920 W. Division St. in the Wicker Park neighborhood of Chicago. The acquisition price was $3.64 million. Chad Firsel of Quantum Real Estate Advisors represented the buyer. The seller was not disclosed.
LOCKPORT, ILL. — Meridian Design Build has been selected by MedProperties Group to construct a medical office space build-out at the recently completed 54,000-square-foot Lockport Crossings Medical Center in Lockport. The build-out will include 10 exam rooms, private restrooms, shared waiting/reception areas and lockable file storage. Areté 3 Ltd. is providing design services for the project.