BEDFORD PARK, ILL. — Chicago-based Ridge Property Trust has leased 200,000 square feet of industrial space at Bedford Park Corporate Center, a 50-acre business park located in Bedford Park, to distribution company M. Block & Sons. The tenant plans to take occupancy in the fall. Jeff Locascio of Epic Realty Partners represented M. Block & Sons in lease negotiations. Ridge Property Trust was represented by Sally Macoicz of Cushman & Wakefield. Bedford Park Corporate Center consists of three buildings totaling more than 1 million square feet of industrial and office space.
LEWISTON, MICH. — Wheeling, Ill.-based New Frontiers Capital has acquired Garland Resort, an approximately 3,000-acre golf course and resort located in Lewiston. The buyer owns interests in resorts and entertainment attractions across the country and plans to complete capital improvements to Garland Resort in the near future. The resort had been family-owned for more than 50 years and will continue normal day-to-day operations under its new owners. Terms of the deal were not released.
MEQUON, WIS. — Butler, Wis.-based Berghammer Construction has completed a 30,000-square-foot church, located at the corner of Bonniwell Rd. and Port Washington in Mequon. The two-story structure includes a sanctuary with seating for approximately 350, worship areas for children, classrooms, community rooms, staff offices, a lounge and a kitchen. The project architect was Texas-based Halo Architects.
PERU, ILL. — Cambridge Realty Capital Cos. has provided $19.8 million in first-mortgage financing for Manor Court of Peru, a 171-bed skilled nursing facility located in Peru. The FHA-insured loan carries a 35-year term and was arranged utilizing the HUD Section 232 pursuant to Section 223(f) program. It was underwritten by Cambridge Realty Capital Ltd. of Illinois, one of the company’s subsidiaries. The borrower was not disclosed.
OCONTO FALLS, WEST ALLIS AND GERMANTOWN, WIS. — NAI MLG Commercial has brokered three Wisconsin industrial deals. In Oconto Falls, North Shore Bank sold a 6,000-square-foot industrial property, located at 221 Jackson St., to JCV Investments. Patrick Connor of NAI represented both parties. In West Allis, Northern Brewer leased 11,000 square feet of space, located at 1306 S. 108th St., from 1330 LLC. NAI’s Scott Satula represented both parties. In Germantown, Price Transport leased 8,000 square feet of space, located at N114 W19049 Clinton Dr., from Smart Associates. NAI’s Barry Chavin represented the tenant, and Stephan Stewart and Lyle Lewandowski of Inland Cos. represented the landlord.
ST. LOUIS, MO. — Construction is currently underway for the William J. Harrison Education Center, a $10.5 million education and job-training center in St. Louis. Located at 3140 Cass Ave., the 30,265-square-foot property will feature classrooms with state-of-the-art audiovisual equipment, an art studio, science and computer labs, a multi-purpose community room, a bookstore, common areas, an outreach center and administrative offices. The center is operated by St. Louis Community College. St. Louis-based Kwame Building Group is serving as general contractor; St. Louis-based KAI is providing architectural services for the project, which is slated for completion in 2010. The project is seeking LEED Gold certification.
MINNETONKA, MINN. — Carlson Real Estate Co., serving as general contractor, is currently renovating Plymouth Corporate Center in Minnetonka. The $2.5 million project includes updating the commons areas with new finishes, adding a two-story atrium with seating, media and Wi-Fi; improving way finding in the building; and improvements to building entrances and signage. BDH & Young Space Design is providing architectural services for the project, which is slated for completion in September. The center will continue to offer a fitness center, a building café, a coffee bar, a sundry shop, an ATM, a training room, multiple conference rooms and an on-site daycare.
WHITEHALL, MICH. — LCL Development has acquired a 21,938-square-foot former Ford dealership facility, which is located at 3001 Colby Rd. in Whitehall. Whitehall Real Estate sold the property for $1.1 million. The buyer plans to develop a Save-A-Lot store on the property. Dave Kwekel of Kwekel Cos. represented the buyer; David Denton of Grubb & Ellis|Paramount Commerce’s Grand Rapids, Mich., office represented the seller in the transaction.
SOUTHFIELD, MICH. — Colliers International’s Southfield office has brokered three transactions in Michigan. In the first transaction, John Lominack and Gary Glotzhober of Colliers International represented the Victaulic Co. in the disposition of a 16,861-square-foot industrial property, which is located at 23107 Commerce Dr. in Farmington Hills, Mich. Additionally, Lominack represented The Salvation Army in a 21,024-square-foot lease of retail space located at 1200 S. Lapeer Rd. in Oxford, Mich. Finally, Jim Chaconas of Colliers International represented the landlord, Scio Holdings Co., in the lease of 20,972 square feet of office space, which is located at 110 Parkland Plaza in Ann Arbor, Mich., to Colorbok Inc. The values of the transactions were not disclosed.
MAPLE GROVE, MINN. — The grand opening has been held for a new Cambria Suites hotel, located in Maple Grove. The 129-suite hotel features a two-story lobby, flat-screen televisions and Media Hub technology in guest suites, complimentary Internet access throughout the hotel, a casual restaurant, a fitness center with an indoor pool and spa, a 24-hour convenience store and more than 1,000 square feet of meeting space. It is owned by Grove Hospitality LLC under a franchise agreement with Choice Hotels International.