Midwest

WATERLOO, ILL. — Swansea, Ill.-based Holland Construction Services has completed construction of Waterloo Commons, a 67,000-square-foot retail center located in Waterloo. The $7.9 million project comprises a 58,000-square-foot Schnucks grocery store, as well as 9,000 square feet of retail space, which is occupied by Harrison Telephone Communications, Lily’s Nail Spa, Custom Cuts and Wilson’s Corner Grill & Pub. The project was designed by St. Louis-based Kuhlmann Design Group. The DESCO Group, the owner and developer of Waterloo Commons, also has selected Holland to construct a 63,000-square-foot grocery store in Evansville, Ind.

WATERLOO, ILL. — Swansea, Ill.-based Holland Construction Services has completed construction of Waterloo Commons, a 67,000-square-foot retail center located in Waterloo. The $7.9 million project comprises a 58,000-square-foot Schnucks grocery store, as well as 9,000 square feet of retail space, which is occupied by Harrison Telephone Communications, Lily’s Nail Spa, Custom Cuts and Wilson’s Corner Grill & Pub. The project was designed by St. Louis-based Kuhlmann Design Group. The DESCO Group, the owner and developer of Waterloo Commons, also has selected Holland to construct a 63,000-square-foot grocery store in Evansville, Ind.

SOUTH LYON, MICH. — Marcus & Millichap has brokered the sale of Huntington Square Shopping Center, a 57,056-square-foot retail property located at 546-644 N. Lafayette Rd. in South Lyon, for $5 million, representing a 9.28 percent cap rate. Bill O’Connor and DeVon Jackson of Marcus & Millichap’s Detroit office represented the undisclosed seller. The property was acquired by undisclosed local investors.