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DevelopmentMidwestMinnesotaMultifamilySeniors Housing

Kraus-Anderson Begins $41.5M Expansion of Trillium Woods Retirement Community in Plymouth, Minnesota

by Kristin Harlow

PLYMOUTH, MINN. — Kraus-Anderson has begun a $41.5 million expansion of Trillium Woods, an independent retirement community in Plymouth, a western suburb of Minneapolis. Trillium Woods is a Life Plan Community that provides wellness services and levels of senior healthcare, including memory care, skilled nursing and rehabilitation. The 160,321-square-foot, five-story expansion calls for 18 assisted living units, 16 assisted living memory care units, 52 independent living units and 67 underground parking spaces. Construction is slated for completion in fall 2025. Pope Design Group was the architect.  

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DevelopmentIndustrialMidwestMissouri

Brinkmann Constructors Breaks Ground on 125,500 SF Cold Storage Facility for Coastal Carriers in Foristell, Missouri

by Kristin Harlow

FORISTELL, MO. — Brinkmann Constructors has broken ground on a 125,500-square-foot cold storage facility for Coastal Carriers in Foristell, about 43 miles west of St. Louis. The project marks the first of three phases. The property will include a 55,600-square-foot freezer with a 42-foot clear height; a 23,500-square-foot cold dock that will span 70 feet deep; a 29,300-square-foot cooler; and 15,500 pallet positions. There will also be an 8,600-square-foot office and a 7,500-square-foot battery charging and maintenance area. Plans call for 73 car parking spaces, 28 trailer spaces and 19 dock doors. Answers Inc. is the architect. Completion is slated for the fourth quarter of this year. Coastal Carriers is a Missouri-based transportation, warehouse and distribution company.

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AcquisitionsIndustrialMidwestNAIWisconsin

NAI Pfefferle Brokers Sale of 39,548 SF Industrial Building in Green Bay, Wisconsin

by Kristin Harlow

GREEN BAY, WIS. — NAI Pfefferle has brokered the sale of a 39,548-square-foot industrial building located at 1836 Sal St. in Green Bay. The sales price was undisclosed, but the asking price was $1.6 million. John Roberts of NAI Pfefferle arranged the sale. Bartlett Capital Group was the buyer.

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Leasing ActivityMidwestOfficeWisconsin

Common Ground Healthcare Cooperative Leases 19,675 SF of Office Space in Suburban Milwaukee

by Kristin Harlow

BROOKFIELD, WIS. — Common Ground Healthcare Cooperative has leased 19,675 square feet of office space at Executive Center V in the Milwaukee suburb of Brookfield. The property is located at 300 N. Executive Drive. Ned Purtell and Andy Hess of Founders 3 Real Estate Services represented the tenant, which expects to take occupancy June 1.

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IllinoisLeasing ActivityLee & AssociatesMidwestRetail

iCode Signs 2,262 SF Retail Lease in Naperville, Illinois

by Kristin Harlow

NAPERVILLE, ILL. — iCode, an after-school program for kids focused on coding activities and STEM education, has signed a 2,262-square-foot retail lease at 632 Amersale Drive in the Chicago suburb of Naperville. Chad Littleton of Morrow Hill represented the tenant, while Michael Petrik and Rick Scardino of Lee & Associates represented the landlord, Jones Family Naperville LLC. STEM stands for science, technology, engineering and mathematics.

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AcquisitionsMidwestOhioRetail

Cooper Group Brokers $5.4M Sale of Shopping Center in Reynoldsburg, Ohio

by Kristin Harlow

REYNOLDSBURG, OHIO — The Cooper Commercial Investment Group has brokered the $5.4 million sale of Livingston Avenue Center, a 101,621-square-foot shopping center in the Columbus suburb of Reynoldsburg. The fully leased property is home to tenants such as Save-a-Lot, Big Lots and Urban Air. Dan Cooper of Cooper Group represented the seller, a private investment group out of California. The Midwest-based buyer purchased the asset at a cap rate of 8.19 percent.

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DevelopmentIllinoisMidwestRetail

Graycor Completes Construction of 45,000 SF Wonderverse Entertainment Space in Suburban Chicago

by Kristin Harlow

OAK BROOK, ILL. — Graycor Construction Co. has completed Wonderverse, a 45,000-square-foot entertainment space at Oakbrook Center in suburban Chicago. The project features a hybrid of physical and multi-media experiences, interactive installations, attractions and experiences, allowing visitors to step into their favorite Sony Pictures stories. Sony is the project’s owner. The space includes escape rooms, virtual reality adventures, bumper cars, racing simulators, an arcade and speakeasy. The project team included Scenario as the owner’s representative and EXP as the architect of record.

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Leasing ActivityMichiganMidwestRestaurantRetail

Andiamo Pasta & Chops to Debut at The Mall at Partridge Creek in Clinton Township, Michigan

by Kristin Harlow

CLINTON TOWNSHIP, MICH. — Andiamo Pasta & Chops will open at The Mall at Partridge Creek in Clinton Township, a northern suburb of Detroit. The restaurant comes from Michigan-based Joe Vicari Restaurant Group. The concept will be something new for Michigan restaurants, but the idea will be mirrored off Joe Vicari’s Andiamo Italian Steakhouse in Las Vegas. Andiamo Pasta & Chops is slated to open this summer in the 7,670-square-foot space formerly home to Brio Italian Grille at 17430 Hall Road. Renovation plans call for the space to be completely redesigned and reconfigured around a central bar, which will become the centerpiece of the new restaurant. There will also be a lounge area, two dining rooms and a separate banquet area. The Mall at Partridge Creek is a 640,000-square-foot, open-air shopping center that is home to more than 80 stores, restaurants and entertainment sites. The mall is leased and managed by Spinoso Real Estate Group.

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AcquisitionsIllinoisMidwestMultifamily

Interra Realty Arranges Sales of Three Apartment Buildings in River Grove, Illinois

by Kristin Harlow

RIVER GROVE, ILL. — Interra Realty has arranged the sales of three apartment buildings in River Grove, a western suburb of Chicago. A two-property, 12-unit portfolio sold for $1.7 million, while an eight-unit building traded hands for $1.1 million. The properties in the portfolio were built in 1969, while the standalone building was completed in 1980. Patrick Kennelly, Paul Waterloo and Nathan Zito of Interra represented the seller of the portfolio, while Ralph Szypcio of Coldwell Banker represented the buyer. The same Interra brokerage team represented the buyer and seller of the standalone building. Both buyers are local operators who plan to self-manage the properties and improve them over a long-term ownership horizon. All of the buildings were fully occupied at the time of sale.

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KansasLeasing ActivityMidwestRestaurantRetail

Five Guys to Open 2,300 SF Restaurant in Shawnee, Kansas

by Kristin Harlow

SHAWNEE, KAN. — Five Guys will open a 2,300-square-foot restaurant at 10 Quivira Plaza in Shawnee, approximately 10 miles southwest of Kansas City. The location, slated to open in June, marks the 13th restaurant for Five Guys in the Kansas City area. Erin Johnston of Copaken Brooks represented ownership on an internal basis. Five Guys joins other retailers Westlake Hardware, Big Biscuit, Vintage Stock and Price Chopper at the shopping center, which is located on the northwest corner of Shawnee Mission Parkway and Quivira Road.

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