NORTHBROOK, ILL. — Locally owned The Cloverleaf Group has acquired Sanders Court, a 136,219-square-foot grocery-anchored neighborhood center in Northbrook. Located at the intersection of Dundee and Sanders roads, the property is tenanted by Dominick’s, Staples, Fitness 19, Subway, Curves, Sally Beauty Supply and Butterfield’s Pancake House & Restaurant. Sanders Court Partners sold the property for an undisclosed price. Oakbrook Terrace, Ill.-based Mid-America Real Estate Corp. represented the seller; the buyer had in-house representation.
Midwest
DETROIT — The construction of Wayne State University’s Richard J. Mazurek M.D. Medical Education Commons is now complete. Located in Detroit, the $35 million project comprised a 34,000-square-foot addition to the existing medical school facility and a 69,000-square-foot renovation to the existing Vera Parshall Shiffman Medical Library. The three-story complex features a clinical skills center with four stimulation labs, new computer labs, a testing center, student services, classrooms, collaborative study areas and administrative offices. SHW Group designed the project, which is seeking LEED Silver certification.
COLLINSVILLE, ILL. — Swansea, Ill.-based Holland Construction Service, serving as general contractor, has broken ground for the construction of Horseshoe Lake Animal Hospital in Collinsville. Located at 5230 Horseshoe Lake Rd., the $1 million facility will offer 5,621 square feet of space, including seven exam rooms, a surgery suite, a dental exam room, conference and consultation rooms, separate dog and cat wards for hospitalized pets, a waiting area and a pharmacy. The existing building will be redesigned to accommodate grooming facilities and an upscale boarding facility. Fairview Heights, Ill.-based EWR Associates provided architectural services for the project.
ALTON, ILL. — Alton Square Mall is currently undergoing renovations, and expanding and relocating tenants. Opened in 1978, the two-level, 635,000-square-foot regional mall is located at the intersection of Homer Adams Parkway and Alton Square Mall Drive in Alton. Maurice’s has expanded from 4,276 to more than 6,700 square feet of space across from New York & Co. on the lower level. Crown Optical has expanded to 2,000 square feet and relocated to new location. Additionally, MasterCuts has renovated its 658-square-foot space, which is adjacent to JC Penney. Addison, Texas-based Coyote Management owns and manages the property.
EAST ST. LOUIS, ILL. — SEVENS, a sports lounge and entertainment venue, has opened at Casino Queen in East St. Louis. The $2.15 million, 6,250-square-foot facility features high-definition flat screen televisions, a retractable projection screen and a 360-square-foot elevated stage, as well as a dining menu and full service bar. St. Louis-based KAI Design and Build provided architectural services for the property. Legacy Building Group served as general contractor. Additional project partners include AmeriStructure, Ford Food Service, Lighting Solutions and Cignal.
OLATHE, KAN. — BMJ Building Management has acquired an industrial building in Olathe for an undisclosed price. Located at 15765 S. Keeler, the property offers 27,840 square feet of industrial space. The seller was Mid-America Associates. Lynn Holcomb of Coldwell Banker Commercial Fishman & Co. brokered the transaction.
LA CROSSE, WIS. — La Crosse-based Northside Development and North Liberty, Iowa-based Kinseth Hospitality Corp. have broken ground for the development of Candlewood Suites in La Crosse. Located within Three Rivers Plaza on Copeland Avenue, the four-story, 92-unit hotel is slated for delivery in spring 2010. Locally owned Borton Construction is serving as general contractor; Holmen, Wis.-based MBA Architects is providing architectural services for the project. Citizens Bank of La Crosse has provided financing for the development.
GRAND BLANC, MICH. — Friedman Real Estate Group recently brokered the lease of 3,168 square feet of office space, located at 8275 Holly Rd. in Grand Blanc. Glenn DesRosiers represented the tenant, Securitas Security Services USA, in the transaction. The property owner is Sabo Real Estate Investments. The value of the lease was not disclosed.
ARLINGTON HEIGHTS, ILL. — MBH Motors has completed the disposition of a 2.1-acre commercial site located at 2020 E. Northwest Highway in Arlington Heights. A local real estate investment group purchased the property for $1.3 million. The buyer plans to raze the existing structures and redevelop the property. Charles Des Rosiers of Cushman & Wakefield of Illinois brokered the transaction.
ELGIN, ILL. — Palatine, Ill.-based Weber-Stephen Products Co. has signed a long-term lease for a 250,000-square-foot industrial facility, located at 2500 Northwest Parkway within Northwest Corporate Park in Elgin. The company plans to use the facility as a supplementary distribution hub for its manufacturing plants in Palatine and Huntley, Ill. Weber-Stephen plans to completely occupy the building by the end of the year. The building features 30-foot clear ceiling heights, 25 exterior loading docks, two drive-in doors, ESFR sprinkler systems and secured trailer parking. The building is owned through a fund of Dallas-based ING Clarion Partners. Noel Liston of Darwin Realty & Development Corp. represented the tenant; Andrew Lowe of ING Clarion represented the ownership in the transaction.