OMAHA, NEB. — DLR Group has broken ground for a new office for DLR Group in Omaha. Located at 6457 Frances St. within Aksarben Village, the three-story, 39,000-square-foot building aims to achieve LEED Gold certification. Design elements include optimum day lighting, outdoor workspaces, landscaping and a green roof. Completion is scheduled for November 2011.
CHICAGO — Meridian Design Build has completed construction for a 37,942-square-foot, built-to-suit distribution facility for Gypsum Supply Co. in Chicago. The building is situated within Stockyards Industrial Park. It comprises approximately 33,000 square feet of warehouse and distribution space, approximately 3,000 square feet of office and showroom space, onsite detention facilities and a significant amount of fenced outdoor space. Sustainable features of the project include a reflective roof and bio-swales. During the construction process, approximately 2,500 tons of concrete and masonry were reused onsite and more than 92 percent of construction waste was recycled or diverted from landfills. The project architect was Cornerstone Architects.
MINNEAPOLIS — Minneapolis-based Upland Real Estate Group has reached an agreement with Food Shacks Inc. to assist the company in the expansion of its Burger Time brand throughout Minnesota. Burger Time plans to open 40 stores in the next 4 years, which will cost an estimated $32 million. The company is seeking, build-to-suit, freestanding and direct lease deals. A typical Burger Time restaurant totals 620 square feet with a double drive thru and no indoor seating. The company currently has a presence in Minnesota, North Dakota and South Dakota. Two restaurants in St. Cloud, Minn., and the southern Twin Cities suburbs are currently under way. Upland’s Josh Huempfner and Brian Metz are leading the leasing team.
CHICAGO — CB Richard Ellis (CBRE) has brokered the sale of three land parcels located at 5345, 5515 and 5555 W. Irving Park Rd. in Chicago. The parcels total 78,931 square feet and also contain a 24,377-square-foot building. Keely Polczynski of CBRE represented the undisclosed owner. Car dealership Perillo BMW acquired the parcels for an undisclosed amount.
SCHAUMBURG AND ROCKFORD, ILL. — Grubb & Ellis has represented Financial Management Systems (FMS) in the leasing of two Chicagoland office spaces. The first lease is for approximately 24,000 square feet of space at 1000 E. Woodfield Rd. in Schaumburg. This lease represents a renewal and expansion of the company’s headquarters. The second lease is for 27,000 square feet of space at 4021 Morsay Dr. in Rockford, a new location for the company. Craig Cassell of Grubb & Ellis represented FMS in both transactions.
CINCINNATI AND INDIANAPOLIS — Two Midwest offices of Colliers Turley Martin Tucker (CTMT) have completed an office and a retail sale. First, CTMT’s Cincinnati office brokered the sale of a 105,000-square-foot office building, located at 444 Third St. in Cincinnati, for $17 million. CTMT’s Mike Hartmann and Robert Ryan represented the seller Dunnhumby USA. The buyer was Al. Neyer Inc. In addition, CTMT’s Indianapolis office brokered the sale of Pike Plaza, a 198,558-square-foot community shopping center located on Lafayette Road in Indianapolis. CTMT’s Rebecca Wells and Bill French represented the seller, Capmark. The undisclosed buyer plans to reposition the property to Class A status. The acquisition price was not disclosed.
CENTRALIA, ILL. — Swansea, Ill.-based The BARBERMurphy Group has brokered the sale of a 434,000-square-foot industrial building located at 2400 S. Wabash Ave. in Centralia. The buyer was Compliance Coals dba American Equipment & Machine, which is a division of Murray Energy Corp. The seller was AS & AG Enterprises. BARBERMurphy represented both parties in the transaction. The acquisition price was not disclosed.
CHICAGO — CB Richard Ellis (CBRE) has completed a lease for a 44,000-square-foot warehouse located in Chicago. Constructed in 1991, the facility is located at 5565 N. Lynch Ave. It features 18-foot clear ceiling heights, three interior loading docks, two drive-in doors and 52 car parking spaces. The tenant, Cuyahoga Falls, Ohio-based Alside Windows & Doors, will occupy the building for a 5-year term. Alside was represented by Jeff Heymann of Colliers Bennett & Kahnweiler and Brian Borkan of BKB Commercial. CBRE’s Brad Weiner and Mitch Adams represented the undisclosed landlord.
CHICAGO — Retailers Marshalls and Dollar Tree have opened new locations at Marshfield Plaza, a 454,000-square-foot regional shopping center located on Chicago’s South Side. Marshalls will occupy a 26,000-square-foot space and Dollar Tree will lease 10,400 square feet. The two retailers join a tenant roster that includes Target, Jewel-Osco, LA Fitness, Staples and Petco. Other tenants expected to open through the end of the year include Chili’s Grill & Bar, Simply Fashion and City Sports. Situated at the interchange of Interstate 57 and 119th Street, Marshfield Plaza is owned by Beverly Hills, Calif.-based Primestor Development.
EFFINGHAM, ILL. — NAI Global has arranged a lease renewal on behalf of Sherwin-Williams for its 1.22 million-square-foot regional distribution center in Effingham. The three-building complex is located at 711 W. Wabash Ave. The lease transaction was valued at more than $20 million, and it includes tenant improvement funds and economic incentives. Thomas Lynn of Dallas-based NAI Robert Lynn and David Branding of St. Louis-based NAI DESCO represented Sherwin-Williams in lease negotiations. The landlord is a private, out-of-state investor.