FLORISSANT, MO. — BJC HealthCare has selected St. Louis-based Paric to lead the $6.8 million expansion project at Northwest HealthCare in Florissant. The project consists of a two-story, 40,000-square-foot medical office building addition to the current facility on Graham Road. Construction is expected to begin in late 2010. Design partners include BSA Lifestructures, KAI and Grimes.
COLUMBIA CITY, IND. — Evan Halkias and Michael Marks of Marcus & Millichap’s Chicago office represented a national development company in the disposition of a 14,820-square-foot retail property in Columbus City. Located at 535 N. Line St., the property sold for $3.8 million. The building is occupied by Walgreens, which has 70 years remaining on its 75-year lease. The buyer was not disclosed.
DEER PARK, ILL. — GENCON Building Corp., serving as general contractor, has completed the construction of a Hampton Inn & Suites in Deer Park. Located on West Lake-Cook Road, the four-story, 104-room hotel features meeting rooms, a fitness center, a swimming pool, food service, an enlarged lobby/reception area and full wireless technologies. Deer Park Hotel owns the property, which was designed by A3 Design Studio.
STOW, OHIO — The Akron, Ohio, office of NAI Cummins has completed the sale of a 2.5-acre land parcel located in Stow. The property is situated on Kent Road, adjacent to Hollywood Video and Super Target. The buyer, Pacific Bells Corp., plans to construct a Taco Bell restaurant in the near-term and possibly save part of the site for future development. NAI’s Jeff Davis and David Kaplan represented the private seller. Daniel Clark of Goodman Real Estate represented the buyer.
OMAHA, NEB. — NorthMarq Capital’s Omaha office has secured a $6.1 million first mortgage construction mini-perm loan for Calamar Enterprise Inc. for Woodbridge Senior Apartments in Omaha. The age-restricted, senior-living facility offers 107 apartment units. Gary Rifkin of NorthMarq arranged the 3-year loan, which has a 25-year amortization rate, for the Wheatfield, N.Y.-based borrower.
BRIDGETON, MO. — Sansone Group has brokered a lease for 30,000 square feet of industrial space at 3159 Rider Trail South in Bridgeton. Dan Dokovic of Sansone represented the landlord, The Realty Associates Fund VIII LP. FIK Investment Co. represented the tenant, The Standard Register Company. Terms of the lease were not disclosed. Dokovic also represented Mantucky LLC in the sale of a 7,500-square-foot office property, located at 4162-4168 Manchester Ave. in St. Louis. Joi Niedner represented the buyer, Spacegrove LLC. The property traded for $212,500.
BUFFALO GROVE, ILL. — Rosemont, Ill.-based McShane Construction Co. has completed a new Affinity Healthcare medical office building, located in Buffalo Grove. Situated on a 6.3-acre site within The Corporate Grove business park at 1450 Busch Pkwy., the single-story facility totals 64,680 square feet. A number of Affinity’s medical practice groups will occupy the facility; other tenants include Ear, Nose & Throat Center; Quest Diagnostics; Illinois Bone & Joint Institute; Northwest Suburban Urologists; Sanders Pediatrics; and WomanCare PC. The project architects were Marasco & Associates and Partners in Design.
GRAND RAPIDS, MICH. — Grand Rapids-based NAI West Michigan has brokered the sale of the Ackman Furniture Building, a 192,280-square-foot industrial property located at 1400 Buchanan Ave. in Grand Rapids. Dave Smies of NAI represented the buyer, Notions Marketing. Chad Versluis, also of NAI, represented the seller, Howard Miller. The buyer plans to rehabilitate the property in the near-term.
BOLINGBROOK, ILL. — LG Electronics MobileComm USA has leased a 337,630-square-foot warehouse located within Highland Corporate Center in Bolingbrook. Building #3 is situated at 1251 W. 115th St. and features 30-foot clear ceiling heights, 40 exterior docks, four drive-in doors, significant trailer storage and T-5 track lighting. Jason West and Sean Henrick of Cushman & Wakefield represented the landlord, ML Realty Partners. Seth Kelly and Kirk Armour of CB Richard Ellis represented LG. Terms of the lease were not disclosed.
CHICAGO — Cohen Financial has arranged $23 million in non-recourse financing for a newly opened Whole Foods located in Chicago’s Lincoln Park neighborhood. The three-story, 85,301-square-foot grocery store is situated on 3.16 acres at 1550 N. Kingsbury St. It is the grocer’s third largest location, behind flagship stores in Austin, Texas, and London. It was developed by CRM Properties Group and designed by Gensler. Joel Simmons of Cohen arranged the loan, which includes a 5-year term and a fixed interest rate. The lender was Milwaukee-based TCF National Bank.