Midwest

LEOPARDO COMPLETES 92,000-SQUARE-FOOT MEDICAL OFFICE BUILDING

by admin February 9, 2009

GLEN ELLYN, ILL. — Hoffman Estates, Ill.-based Leopardo Cos., as general contractor, has completed DuPage Medical Group’s Glen Ellyn Clinic located in downtown Glen Ellyn. The 92,000-square-foot medical office building houses pediatrics, orthopedics and internal medicine departments, as well as state-of-the-art diagnostic facilities. Energy saving features of the facility include sun shades, solar green glass and high-efficiency rooftop units. Eckenhoff Saunders served as the architect for the $23.5 million project.

February 9, 2009

OPUS NORTHWEST TO BUILD KSU SCHOOL OF LEADERSHIP STUDIES BUILDING

by admin February 9, 2009

MANHATTAN, KAN. — Minneapolis-based Opus Northwest has been selected to design and construct a building for Kansas State University’s (KSU) School of Leadership Studies, which will be located on the college’s main campus in Manhattan. The $11 million project, which has been designed to achieve LEED Silver certification, is being privately funded under the auspices of the KSU Foundation. The two-story, 36,000-square-foot building will house the university’s School of Leadership Studies as well as the Cargill Center for Ethical Leadership. In addition to classrooms, seminar rooms and offices for faculty and student organizations, the facility will feature a 220-seat town hall auditorium, six open meeting spaces and an Info Café. Opus Architects & Engineers Inc. is providing architecture and engineering services. Treanor Architects served as the design and programming consultant for the project. Construction is slated for completion in December.

February 9, 2009

Midwest Seniors Housing

42-UNIT AFFORDABLE SENIOR HOUSING COMMUNITY COMPLETED

by admin February 9, 2009

KANSAS CITY, MO. — Construction has been completed for the D.A. Holmes II Senior Apartments located at 3020 Benton Blvd., which is situated within Jackson County’s Santa Fe Place Historic District in Kansas City. On behalf of owner D.A. Holmes Senior Housing II LP, Rosemann & Associates completed architectural and interior design services for the facility. The 42-unit affordable senior housing community is 100 percent occupied. Amenities at the property include common areas, office space, a craft room, a fitness center, laundry facilities, a media library, a hair salon and a home theater. The $4.9 million project was funded by 9 percent Low Income Housing Tax Credits that were provided by the Missouri Housing Development Commission.

February 9, 2009

Midwest Retail

CB RICHARD ELLIS|STURGES ARRANGES 73,865-SQUARE-FOOT RETAIL SALE

by admin February 9, 2009

FORT WAYNE, IND. — Locally based CB Richard Ellis|Sturges has arranged the sale of a 73,865-square-foot retail building located at 2300 West Jefferson Blvd. in Fort Wayne. The building is situated on an approximately 23.4-acre site that formerly housed Dimension Ford. The City of Fort Wayne Redevelopment Commission has purchased the property from Bowlin Trust for the City of Fort Wayne Parks Department. Barry Sturges and Brad Sturges of CB Richard Ellis|Sturges represented both parties in the transaction. The acquisition price was not disclosed.

February 9, 2009

Midwest Retail

GRUBB & ELLIS|PACIFIC REALTY BROKERS $1.43 MILLION SALE OF RETAIL CENTER

by admin February 9, 2009

OMAHA, NEB. — Grubb & Ellis|Pacific Realty has brokered the sale of Eagle Run Square II retail center located at 3661-3677 North 129th St. in Omaha. Eagle Run Center 129 LLC has purchased the 15,000-square-foot center for approximately $1.43 million. Kyle Peterson and Bill Balak of Grubb & Ellis|Pacific Realty represented the undisclosed sellers in the transaction.

February 9, 2009

Midwest Seniors Housing

MCSHANE CONSTRUCTION TO BUILD AFFORDABLE SENIOR HOUSING COMMUNITY

by admin February 6, 2009

CHICAGO — This spring, McShane Construction will break ground on Casa Maravilla, a 70,000-square-foot affordable senior housing community located at 2021 S. Morgan St. in the Pilsen neighborhood of Chicago. The project, which will be completed in 2010, is being constructed on behalf of the not-for-profit developer, The Resurrection Project. The five-story multifamily building will house 73 studios, one- and two-bedroom units. Amenities at the property will include dining space, a community room, a therapy room, a library and a recreation room. The environmentally friendly building will include a green roof, a geothermal HVAC system, an eco-friendly elevator structure, ENERGY STAR appliances and permeable pavement. Weese Langley Weese is providing architectural services for the project. On behalf of The Resurrection Project, McShane Construction is also currently building Casa Morelos. The senior multifamily community, which is located at 2015 S. Morgan Street in Chicago, is slated for completion this summer.

February 6, 2009

Midwest Multifamily

NORTHMARQ ARRANGES LOAN FOR 176-UNIT MULTIFAMILY COMMUNITY

by admin February 6, 2009

ST. CLOUD, MINN. — Michael Padilla in the Minneapolis office of NorthMarq Capital has arranged $850,000 in supplemental mortgage financing for a 176-unit multifamily community located in St. Cloud. The loan for Park Place Estates was based on a 7-year term with a 30-year amortization schedule. Financing was arranged for the undisclosed borrower by NorthMarq through its seller-servicer relationship with Freddie Mac. The borrower also assumed the existing mortgage of approximately $7.27 million.

February 6, 2009

Midwest Office

NYHART LEASES OFFICE SPACE WITHIN 150,000-SQUARE-FOOT BUILDING

by admin February 6, 2009

INDIANPOLIS — Nyhart Inc., the state’s largest pension actuarial firm, has signed a lease for approximately 20,000 square feet within Lake Pointe Center 5 on the northeast side of Indianapolis. Lake Pointe Center 5 is a newly completed six-story, 150,000-square-foot Class A office building located within the Allison Pointe office park. The building owner, Edgeworth Laskey Properties, was represented in-house in the transaction by John Edgeworth and Tom Laskey. Nyhart, which will move into the space in May, was represented by Drew Augustin and Bryan Augustin of NAI Olympia Partners. Additional terms of the lease were not disclosed.

February 6, 2009

Industrial Midwest

COLLIERS B&K TO MANAGE/LEASE 4.3 MILLION-SQUARE-FOOT INDUSTRIAL PORTFOLIO

by admin February 5, 2009

CHICAGO — Colliers Bennett & Kahnweiler has been selected by Hawaii-based James Campbell Co. to be in charge of management and leasing for the company’s 4.3 million-square-foot Chicago industrial portfolio. The 14 properties are situated within the Central DuPage submarket, the Interstate 55 Corridor submarket and the Fox Valley submarket. The properties include: • 1000 Stevenson Court (169,050 square feet) • 1055-1105 Stevenson Court (119,775 square feet) • 1445 Hamilton Parkway (128,105 square feet) • 180 Exchange Avenue (177,615 square feet) • Carol Point Business Center — 195 East Elk Trail (334,718 square feet) • 1980 High Grove Lane (327,000 square feet) • 940 Enterprise Drive (88,436 square feet) • 515-585 Kehoe Boulevard (385,344 square feet) • 2560 White Oak Circle (163,420 square feet) • 785 Center Avenue (303,621 square feet) • Windham Industrial Center VI — 1140 Remington (453,568 square feet) • Windham Industrial Center VII — 1070 Windham Parkway (723,291 square feet) • 815 Bluff Road (490,420 square feet) • 825 Bluff Road (500,160 square feet) David Bercu, Ronald Behm, Charles Canale and Brian Kling of Colliers Bennett & Kahnweiler’s Industrial Services Group will lead the leasing efforts. Phillip Stafford of Colliers Bennett & Kahnweiler will provide oversight …

February 5, 2009

Civic Midwest

IHC CONSTRUCTION TO COMPLETE $22.5 MILLION SPECIAL EDUCATION SCHOOL PROJECT

by admin February 5, 2009

GAGES LAKE, ILL. — Elgin, Ill.-based IHC Construction has been selected to complete a $22.5 million project for the Special Education District of Lake County (SEDOLC) in Gages Lake. The project includes the construction of a new $18.6 million Laremont-Ureche School at the Gages Lake campus. Additionally, the project calls for a $3.9 million renovation to the existing Gages Lake/Laremont School and the Sally Potter School at the Mundelein, Ill., campus. The 78,000-square-foot, single-story Laremont-Ureche School will house 20 classrooms, as well as a multi-purpose gym, physical therapy rooms, a sensory room, a library, a computer lab, a nurse station, a therapy pool and locker rooms. All classrooms will have a ceiling-mounted human lift system for wheelchair-bound students. Construction is scheduled to begin in March, with completion slated for August 2010. Barrington, Ill.-based RuckPate Architecture is providing design services for the project.

February 5, 2009

Newer Posts

Older Posts