WAUWATOSA AND MILWAUKEE, WIS. — Inland Cos. has brokered two leases totaling 6,348 square feet in Wisconsin. In the first transaction, Daniels Sharpsmart leased 5,000 square feet of warehouse space at the former Roundy’s Distribution Center, which is located at 11300 W. Burleigh St. in Wauwatosa. Inland Cos.’s Jim Larkin and Steve Sewart brokered the transaction. Additionally, Lyle Landowski and Steve Pape, also of Inland, brokered the lease of 1,348 square feet to Kenneth Raskin MD S.C. dba Body Logic. The office space is located within Honey Creek Corporate Center II at 115 S. 84th St. in Milwaukee. Terms of the leases were not released.
INDIANAPOLIS — National Government Services has leased 149,255 square feet of office space at Castleton Park in Indianapolis. The lease was valued at $10.89 million. Jim Teskey and Allen Trowbridge of CRESA Partners represented the tenant; David Moore and Darrin Boyd of Colliers Turley Martin Tucker – Indianapolis represented the landlord, Brookfield Real Estate Opportunity Group, in the transaction.
BOLINGBROOK, ILL. — McShane Construction Co., serving as general contractor, has completed the construction of aloft Bolingbrook, which is located at 500 Janes Ave. within The Promenade Bolingbrook in Bolingbrook. The four-story, 155-room hotel features a lobby, a state-of-the-art meeting room, a fitness center and a pool. Additionally, the hotel features its signature w xyz bar. Campbell Architects provided architectural services for the project, which was developed by LTD Management Co. Aloft is a division of Starwood Hotels & Resorts Worldwide.
DOWNERS GROVE, ILL. — Dover Corp. has inked a lease for 68,000 square feet of space at 3005 Highland Ave. within Highland Landmark V in Downers Grove. The firm plans to consolidate its four segment headquarters and its New York-based headquarters into the new facility. Move-in is slated for completion by summer 2010. Robert Sevim, Jon Azulay and Joseph Learner of Studley represented the tenant; Gary Fazzio of Grubb & Ellis, along with in-house representative Grady Hamilton, represented the landlord, Opus North Corp., in the transaction.
WICHITA, KAN. — Central Park Place Retail LLC has broken ground for the construction of an 8,960-square-foot retail center, which is located at 2616 N. Maize Rd. in Wichita. The center is currently 81 percent pre-leased to tenants, including Long John Silver’s, Cinnamon’s Deli and Five Guys Burgers and Fries. Bradley Saville of Landmark Commercial Real Estate is marketing the property. Tenant openings are expected for February and March 2010.
MIDDLETON, WIS. — Madison, Wis.-based Casimir Jones S.C. has leased 9,599 square feet of office space at 2275 Deming Way in Middleton. The intellectual property law firm will join tenants Aniu Spa and Park Bank in Livesey Co.’s Discovery Springs development. Randy Whitson and Jared Flesch of Lee & Associates brokered the transaction. Additional terms of the lease were not disclosed.
BROOKLYN PARK AND EDINA, MINN. — Welsh Capital has arranged two loans totaling $5.7 million for two properties in Minnesota. In the first transaction, the company secured $4.5 million in refinancing for Granite Ridge, a 91-unit apartment building in Brooklyn Park. The second transaction was a $1.2 million acquisition loan for a 45,072-square-foot, multi-tenant industrial building in Edina. Terms of the loans were not released.
HUDSON, WIS., AND SIOUX FALLS, S.D. — Accessible Space Inc. has selected Welsh Construction to construct two HUD projects in Hudson and Sioux Falls. The company will build the single-story, 31,965-square-foot Hudson Elder Housing Development in Hudson. Located at 100 Heirloom Ave., the property will feature 32 units for independent, low-income elderly adults. Additionally, Welsh will build Sioux Falls Supportive Housing, which will be located at 4601 E. Brennan Dr. in Sioux Falls. The ground-up project includes site improvements, grading, drainage and utilities. The finished facility will offer 15 apartments for independent, low-income adults with disabilities. Both projects are expected to break ground in Spring 2010.
KALAMAZOO, MICH. — InterContinental Hotels Group (IHG) has opened its 250th Candlewood Suites hotel. Located in Kalamazoo, the 95-suite hotel features an expanded lobby area with multiple seating areas and a 42-inch flat-screen television; complimentary high-speed Internet access; free local phone calls; free on-site guest laundry; and a 24-hour fitness center. Comstock Hospitality owns and manages the hotel, which is located at 3443 Retail Place Dr., under a license agreement with a company in IHG.
PLATTEVILLE, WIS. — Lee & Associates has brokered the sale of 1.04 acres of land in Platteville. Located at 1520 U.S. Highway 151, the property sold to an undisclosed buyer. Lee & Associates’ Steve Doran represented the buyer; Randy Whitson and John Walsh, also of Lee & Associates, represented the seller in the transaction. The seller and acquisition price were not released.