BATAVIA, ILL. — Noble Self Storage has broken ground on Batavia Square, a 130,000-square-foot self-storage facility and a 44,729-square-foot electric car dealership in the Chicago suburb of Batavia. Noble Self Storage acquired the shuttered Sam’s Club building at 510 N. Randall Road in March. Linda Kost of Grid 7 properties dba Realty Metrix Commercial represented the seller, 501 N. Randall Rd Batavia LLC, and the buyer, Noble Self Storage/Bradley Financial Corp. Sam’s Club vacated the property in January 2018. The two-story, climate-controlled self-storage facility will be in the rear of the building and the car dealership will occupy the entire frontage. Completion is slated for early 2025.
ROSEVILLE, MINN. — Woodhouse Spa is scheduled to open at Rosedale Center in the Twin Cities suburb of Roseville in July. The luxury brand will open Minnesota’s only upscale spa, according to a news release. Rosedale Center, a 1.1 million-square-foot shopping center, recently welcomed tenants Lululemon, Anthropologie, Warby Parker, Hollister and Shake Shack. Dick’s Sporting Goods is slated to open in October. Holly Rome and Lane Walsh of JLL represented ownership in the lease with Woodhouse Spa, which operates more than 80 spas across the country. The Rosedale location is owned and operated by local resident Amy Adams.
HUNTLEY, ILL. — John B. Sanfilippo & Son Inc. has inked a 444,600-square-foot industrial lease at Venture Park 47 in the Chicago suburb of Huntley. Completed in 2023, the building at 12300 Jim Dhamer Drive totals 729,823 square feet. Frank Griffin and John Sharpe of Lee & Associates represented the tenant, which has begun occupying the facility concurrently with a tenant improvement build-out. Brian Kling and Reed Adler of Colliers represented the owner, Venture One Real Estate. The transaction marks the largest industrial lease of the second quarter in Chicago’s North Kane County submarket and the fourth largest in metro Chicago, according to Lee & Associates. John B. Sanfilippo & Son is a processor, packager and marketer of a wide variety of nut and snack products.
WOODRIDGE, ILL. — Krusinski Construction Co. has completed the build-out of a 66,000-square-foot interior warehouse space on behalf of J&P Warehousing and Tardella Foods in the Chicago suburb of Woodridge. J&P Warehousing is a third-party logistics firm and will serve its food-and-beverage client, Tardella Foods, out of the Woodridge facility at 2250 W. 75th St. Krusinski previously completed construction of the building, a 100,400-square-foot facility, on behalf of developer Molto Properties. The interior build-out included minor office modifications, installing a demising wall to separate the J&P Warehousing space from the adjacent 34,400-square-foot tenant space. Krusinski also separated gas and electrical services to accommodate the multi-tenant property. Additional project elements consisted of installing tenant-specific electrical and HVAC equipment, including a charging station for electric pallet jacks and an air compressor. Harris Architects designed the building.
PORTAGE, WIS. — Brisky Net Lease has brokered the $3.6 million sale of a Festival Foods-occupied retail property in Portage, a city in central Wisconsin. The single-tenant, net-leased grocery asset is located at 2915 New Pinery Road along US Highway 51. Brian Brisky of Brisky Net Lease represented the seller, a REIT. The buyer was also a REIT. Festival Foods, a family-owned company, operates roughly 40 locations in Wisconsin.
CHICAGO — Summit Design + Build has begun Phase III of interior renovations for The Bloc, a nonprofit in Chicago. The Bloc is a boxing club that also provides training, tutoring and mentorship to guide youth toward academic, social and athletic achievements. Summit has completed two phases of renovations, including major upgrades to the building’s mechanical systems, a full kitchen remodel and other finishes of the space. The third phase includes flooring upgrades, electrical repairs and the reconfiguration of restroom plumbing, fixtures and layouts. Future Film is the architect.
SOUTHGATE, MICH. — Embers Coffee Co. has signed a 4,500-square-foot retail lease at Southgate Shopping Center in Southgate, a southwest suburb of Detroit. Embers will serve coffee roasted by Rootless Coffee of Flint, Mich. The coffee shop is slated to open this fall at 13627 Eureka Road. Greg Hornby of Friedman Real Estate represented the tenant in the lease. The landlord was undisclosed.
CHICAGO — Related Midwest has broken ground on 400 Lake Shore, a multifamily project in the Streeterville neighborhood on the Near North Side of Chicago. Situated on a waterfront site where Lake Michigan meets the Chicago River, the two-tower development will occupy the last undeveloped parcel at the location. 400 Lake Shore’s first phase will feature a 72-story, 858-foot tower. The building will feature 635 apartments, with 20 percent of the residences (127 units) designated as affordable housing. Units will include studio, one-, two- and three-bedroom apartments. Related Midwest’s in-house contracting company, LR Contracting Co., will build the first phase of the project with BOWA Construction. Skidmore, Owings & Merrill designed the development, with building interiors designed by MAWD. Stantec is serving as the architect of record. Related will also lead the development of a 3.3-acre park — with a $10 million commitment from the company — and an extension of the Chicago Riverwalk, in conjunction with the construction of the first tower. Dubbed DuSable Park, the park will comprise a portion of the 4.5 acres of public space included in the 400 Lake Shore project, which will also feature a plaza with amenities, two-story podium and public art. The …
ST. LOUIS — Locally based Good Developments Group is redeveloping a former industrial manufacturing site in St. Louis into Crunden Martin, a 500,000-square-foot mixed-use project. The property will serve as the initial phase of the 100-acre, $1.2 billion Gateway South Advanced Building Collaboration District, which is scheduled to break ground in the third quarter. Tom Ray of CBRE will market the space for lease. Phase I redevelopment plans include revitalizing the site’s seven conjoined buildings into a mixed-use workspace featuring prototyping spaces, offices, food-and-beverage retail, production facilities and other amenities designed for construction-focused tenants. Gateway South will feature more than 1.5 million square feet of light manufacturing facilities across a mixed-use neighborhood south of the Gateway Arch. Crunden Martin is slated for completion in the second quarter of 2026.
CHICAGO — Concord Summit Capital LLC has arranged $10 million in mezzanine financing for the construction of a luxury apartment complex in Chicago. Daniel Eidson, David Larson and Keegan Burger of Concord Summit arranged the financing, which included a senior loan with a C-PACE component. The project will feature amenities such as a fitness center, lounge, game room, private event space, outdoor pool and ground-floor coworking spaces. The lender and borrower were not disclosed.