CHICAGO — Chicago-based Paine/Wetzel • ONCOR International has brokered two sales totaling 28,354 square feet in Chicago. In the first transaction, Kunz Glove Co. purchased a 20,600-square-foot industrial property at 1532 W. Fulton in Chicago. The company is relocating from 339 N. Oakley Blvd. in Chicago. Michael Nelson, Mark Nelson and Gerald Sullivan of Paine/Wetzel represented the seller, Active Graphics; the buyer was self-represented. In the second transaction, Global Telecom acquired a 7,754-square-foot facility, which is located at 6425 S. Central Ave. The company will use the property as a sales office and a storage facility. Ismail A. Ismail of Worth Realty represented the buyer; Edward Wabick, Michael Nelson and Mark Nelson of Paine/Wetzel represented the seller, Bricklayers and Stone Mason Union, in the transaction. Terms of the transactions were not disclosed.
ST. LOUIS — David Garfinkel of NorthMarq Capital’s St. Louis office has arranged an $11 million loan for Residences at Forest Park in St. Louis. Located at 4910 W. Pine Blvd., the multifamily property offers 115 apartment units. Financing was based on a 10-year term with a 30-year amortization schedule. NorthMarq arranged the financing through its relationship with Freddie Mac.
KANSAS CITY, MO. — Caymus Real Estate LLC has formed in Kansas City. The company is a full service real estate development company that will offer clients and capital partners acquisition, development, design-build construction, management and consulting services across all commercial real estate sectors. Members of Caymus include David Harrison, Cecil Van Tuyl, Bret Sheffield, Rich Muller and Dave Lacy.
EVANSTON, ILL. — A partnership between Bethesda, Md.-based Crossbeam Capital and Houston-based Concierge Asset Management has acquired Skyline at Evanston. The 17-story apartment community offers 221 units, including 26 studios, 143 one-bedroom units and 52 two-bedroom units. Located at 415 Howard St. in Evanston, the property was 65 percent occupied at the time of acquisition. Bristol Chicago Development constructed the property in 2008. The acquisition price was not released.
TROY, MICH. — Southfield, Mich.-based Bernard Financial Group has arranged a $42 million loan for Columbia Office Center I and II in Troy. The two 14-story buildings offer a total of 506,000 square feet of office space. Dennis Bernard and Kevin Kovachevich of Bernard Financial originated the financing for the borrowers, CC Troy Associates I and CC Troy Associates II. The lender was JP Morgan Chase Bank, N.A.
QUINCY, ILL. — First Bankers Trust Co. is developing a 30,000-square-foot banking facility in Quincy. Located at 1201 Broadway St., the new property is scheduled for completion in spring 2011. Maas Construction & Custom Building is serving as general contractor; Architechnics is providing architectural services; and Klinger and Associates is serving as engineers for the project.
WATERLOO, WIS. — Van Holten’s Inc. has completed the disposition of a 55,000-square-foot property. Debra and Gordon Yelk purchased the property, which is located at 720 W. Madison Ave. in Waterloo, for an undisclosed price. Charles Redjinksi and Michael Simonds of NAI MLG Commercial brokered the transaction.
PEWAUKEE, WIS. — Criticare Systems has acquired an industrial property, which is located at N7 W22025 Johnson Dr. in Pewaukee. Smiths Medical ASD sold the 52,670-square-foot facility for an undisclosed price. Dave Hazenfield, Sam Dickman Jr. and Samuel Dickman of The Dickman Company brokered the transaction.
BELLWOOD, ILL. — Dynamic Manufacturing has extended its leased at 2501 Grant Street in Bellwood. The company occupies 39,583 square feet at the property. Daniel Fanelli and Anthony Leeds of Darwin Realty & Development Corp. represented the tenant; George Cibula, also of Darwin Realty, represented the undisclosed landlord in the transaction.
AURORA, ILL. — Doug Imber, Matt Welke and Jim Barcelona of Essex Realty Group represented the undisclosed seller in the disposition of an apartment building in Aurora. Located at 1301 E. Indian Trail, the single-story property offers 21 one-bedroom apartment units and 32 parking spaces. The selling price was approximately $950,000. The buyer was not released.