ROMEOVILLE, ILL. — Simoniz USA, a manufacturer of cleaning and maintenance products, has renewed its 18,013-square-foot industrial lease at 1109 Windham Parkway in the Chicago suburb of Romeoville. Jeff Galante of Lee & Associates of Illinois represented the tenant. Prologis, which was self-represented, owns the building.
ARLINGTON HEIGHTS, ILL. — Bradford Allen and Moceri+Roszak have topped out the initial phase of Arlington Gateway, a master-planned community in the northwest Chicago suburb of Arlington Heights. The first phase consists of an eight-story, 301-unit multifamily building with 26,000 square feet of ground-floor retail space. Designed by Thomas Roszak Architecture, the property will offer a mix of studio, one-, two- and three-bedroom floor plans as well as 17,500 square feet of indoor and outdoor amenities. Those include an outdoor pool, fitness center with yoga studio, media rooms, coworking space, a dog walk, golf simulator and grill stations. The exterior of the building will feature green vertical accents that pay homage to the nearby Ned Brown Preserve — also known as Busse Woods — and Illinois prairie aesthetic. The broader development at the 16-acre site also includes a 150,000-square-foot medical office complex that is a conversion of the former Daily Herald offices, and up to two more buildings. Clark Construction is the general contractor. Completion is slated for the first quarter of 2026.
PITTSFIELD TOWNSHIP, MICH. — Gibbs Planning Group has proposed Sutherland Square, a neighborhood multifamily development in Pittsfield Township, just south of Ann Arbor. The walkable community will feature cottages, loft and townhomes, apartments, duplexes and larger family homes with varying price points and amenities as well as shops and offices clustered around a town square. Many of the homes will be designed for the “missing middle,” which refers to affordable housing options for renters and buyers. The proposed community is fully engineered and shovel ready. The neighborhood will be the Ann Arbor area’s first new urban community and one of only 10 built in Michigan in the post-World War II era, according to Gibbs. Sutherland Square is based on the concepts of New Urbanism, a planning movement co-founded by Robert Gibbs to promote traditional neighborhoods as an alternative to suburban sprawl. Traditional neighborhoods offer a variety of housing options all located in a walkable village setting. Sutherland Square will be located along State Road, four miles south of downtown Ann Arbor and nearby to the University of Michigan and Google office. Housing choices will include options for young, first-time renters, families, empty nesters and retired seniors. Sutherland Square will provide …
CHICAGO — Grove Biopharma has leased space for its headquarters and research and development (R&D) lab at 400 North Aberdeen in Chicago’s Fulton Market neighborhood. Trammell Crow Co. (TCC) owns the property, which is part of the Fulton Labs development. Grove Biopharma is a preclinical biotechnology startup that previously operated out of Portal Innovation’s Fulton Labs location. The startup recently closed a $30 million Series A financing round and is now moving into its own space within a 17,000-square-foot Science-Ready Lab suite. “Grove Biopharma is the perfect example of the thesis we planned our Fulton Labs campus around. It’s a company that spun out of Northwestern, then moved to Portal Innovations for incubation and the support ecosystem and is now moving into a large Science-Ready Lab suite to accommodate further growth,” says Morgan Baer Blaska, vice president with TCC Midwest. “In the past, a company on this growth trajectory would have considered moving to one of the coasts, but both Portal and Fulton Labs have provided an environment where science startups can grow and thrive here in Chicago.” Founded in 2020, Grove Biopharma is pioneering its Bionic Biologics platform to develop therapies targeting previously intractable intracellular disease targets. Dan Lyne …
WENTZVILLE, MO. — Marcus & Millichap has brokered the $3.9 million sale-leaseback of a retail property occupied by Dobbs Tire & Auto in Wentzville, a suburb of St. Louis. Built in 2003, the 7,918-square-foot building is located at 1986 Wentzville Parkway. Ken Jacobsmeyer of Marcus & Millichap procured the buyer, a Missouri-based limited liability company.
CHICAGO AND NORRIDGE, ILL. — Interra Realty has arranged the sale of two multifamily buildings on the northwest side of Chicago. Each property sold for $1.4 million. The assets are located at 3913 N. Central Ave. in Chicago’s Portage Park neighborhood (eight units) and 4255 N. Neva Ave. in Norridge (nine units). Patrick Kennelly, Paul Waterloo and Nathan Zito of Interra represented both the private seller and confidential buyer of the Portage Park property. The trio also represented a local partnership in the acquisition of the Norridge asset. Richard Dawidiuk of RE/MAX Legends represented the private seller. Both buildings were fully occupied at the time of sale. The Norridge property last traded hands 25 years ago, and this is the first time the Portage Park building has sold since its construction in 1969. The Norridge property was built in 1963.
GOLDEN VALLEY, MINN. — Marcus & Millichap has brokered the $59.5 million sale of The Liberty, a 242-unit multifamily property in the Minneapolis suburb of Golden Valley. Completed in 2017, The Liberty features 55 townhomes and 187 apartment units that range from 568 to 1,536 square feet. Amenities include a pool, fitness center, solar panels, grilling area and clubhouse. The luxury property was 96 percent occupied at the time of sale. Abe Roberts of Marcus & Millichap represented the seller, an entity related to the Schactman family, and procured the buyer, Minnesota-based The Goodman Group.
GRETNA, NEB. — Stark Enterprises, in partnership with Stark Living and Arbor Construction, has received construction financing for its latest build-to-rent development, Teal Ridge Village in Gretna near Omaha. Stark Enterprises will now break ground on the project, which will include 244 homes on a 43.7-acre site. Amenities will include a fitness center, clubhouse, pool, dog park, playground, sports simulator and bocce court. The property will be operated by Stark Living, the residential management arm of Stark Enterprises. Stark’s construction arm, Arbor Construction, is slated to complete the project in summer 2027. Stark has now expanded into its ninth state overall and third state within its build-to-rent platform.
FARGO, N.D. — CBRE has negotiated a 199,600-square-foot industrial lease at Dakota Commerce Center, a 633,200-square-foot development in Fargo. An undisclosed tenant will fully occupy Building 3. Chance Lindsey and Kyle Ferderer of CBRE represented the owner and development partners, Hyde Development and Gremada Industries. The industrial park is now fully leased. Construction on the Class A, four-building development began in 2021, with Building 1 delivered in 2022. Buildings 2 and 3 were completed in 2023 and 2024, respectively. Building 4 is currently under construction and slated for completion this fall.
FAIRVIEW HEIGHTS, ILL. — Locally based brokerage firm Barber Murphy has arranged the sale of 36 acres of land in Fairview Heights near St. Louis. The property at 5628 Old Collinsville Road will continue to operate as a golf and sports facility. Barber Murphy represented both the seller, Judefam Sports LLC, and the buyer, O’Fallon Sports 115 LLC.
