Midwest

PLYMOUTH, MINN. — Comm-Works has signed a lease for 65,000 square feet within the Plymouth Corporate Center and will take occupancy in September. Along with the lease, building owner Carlson Real Estate Co. has initiated a major renovation of the common areas and exterior façade. Rich Reynolds, Jeff Jones and Michelle Culligan of AREA negotiated the lease on behalf of Comm-Works, which will utilize 40,000 square feet of office space and 25,000 square feet of warehouse space. Carlson was represented by Jim Freytag and Dave Marshinke of CB Richard Ellis.

DETROIT — Gary Grochowski and Jason Capitani of L. Mason Capitani have negotiated the acquisition of a 50,752-square-foot industrial building on behalf of Harry’s Auto Salvage. The buyer plans to use the faculity to satisfy expansion needs and as an off-site vehicle restoration center. The building, which is located at 3040 E. Outer Dr. in Detroit, was sold by Benz Incorporated.

CHICAGO — The Chicago office of NorthMarq Capital has arranged first-mortgage financing for two Chicago-area real estate transactions. Erik Kunz secured financing of $4 million for Calumet Business Park, a 225,000-square-foot industrial property located in Chicago. Financing was arranged through American Equity, and based on a 10-year term with a 25-year amortization schedule. In Homer Township, Ill., Kunz arranged $3.23 million for Bell Tower Plaza, a 37,023-square-foot retail property. The 15-year loan amortizes over 15 years, and was arranged for the borrower, a local investment group, by NorthMarq through its correspondent relationship with Columbian Mutual.

FRASER, MICH. — Troy, Mich.-based L. Mason Capitani has facilitated the sale of a 39,286-square-foot industrial building located at 17000 Fifteen Mile Rd. in Fraser for $675,000. The buyer, Bulldog Document Storage, acquired the property in order to expand its shredding and storage operations. Joseph DePonio and Jason Capitani of L. Mason Capitani represented both the buyer and seller in the transaction.

EARTH CITY, MO. — The air conditioning company Trane US has leased 74,400 square feet from Duke Realty Corp. in its Corporate Trail Distribution Center. The 248,000-square-foot property is located 3655-3673 Corporate Trail in Earth City. The property includes 26 trailer parking spaces, 20 dock doors and 32-foot ceiling clear heights. S.P. Richards also resides in the building, which has 49,000 square feet of space available. Cushman & Wakefield’s Bob Sheehy and Gateway Commercial’s Joe McGauley represented the tenant. Jon Hinds provided in-house representation for Duke.