ST. CHARLES, ILL. — Marcus & Millichap has brokered the $4.1 million sale of a 31,650-square-foot retail property in St. Charles, a far west suburb of Chicago. Located at 300 S. 2nd St., the building was formerly home to Blue Goose Market, which closed in March 2022. The buyer, a developer, plans to redevelop the asset into a national-branded grocery store. The property was originally built in 2008. Austin Weisenbeck and Sean Sharko of Marcus & Millichap represented the seller, a limited liability company, and the buyer.
HOWARD LAKE, MINN. — Contegrity Group Inc. has broken ground on the Howard Lake Library in central Minnesota. Designed by BKV Group, the 7,000-square-foot project marks the first net-zero library in Minnesota and the Upper Midwest, according to the architect. Completion is slated for the end of 2024. The new facility will replace the current two-story building located a few blocks away where the library has operated since 1979. As a net-zero energy building, the library will generate energy onsite using clean renewable resources in a quantity equal to or greater than the total amount of energy consumed. The many sustainable net-zero features include highly insulated foundations, walls and roofs; building and window placement for passive solar gain; and rooftop-mounted photovoltaics as the source of the property’s renewable energy. The project’s design and construction also comply with Minnesota’s statewide B3 Sustainable Building Guidelines, which establish sustainability goals for site, water, energy, indoor environmental quality, materials and construction. Minneapolis-based Precipitate provided net-zero consulting services. The new Howard Lake Library will include dedicated book collection areas for adults, teens and children, reservable study rooms, a community room available for library use and public rental, and a story time room for children’s programming. …
GRAND RAPIDS, MICH. — West Michigan Transport, a freight brokerage headquartered in Holland, Mich., is opening a new office in Grand Rapids. The 10,000-square-foot office is scheduled to open in September. West Michigan Transport says the expansion to Grand Rapids comes in response to the increasing demand for logistics solutions. The company plans to hire 100 individuals, ranging from entry-level sales and operational roles to experienced account managers. Hillary Taatjes Woznick of NAI Wisinski of West Michigan represented the tenant, while colleagues Mary Anne Wisinski-Rosely and Jason Makowski represented the undisclosed landlord.
CLAWSON, MICH. — Dominion Real Estate Advisors has arranged the sale of a 9,673-square-foot auto repair shop in Clawson, a northern suburb of Detroit. The sales price was undisclosed. The property is located at 650 N. Rochester Road. Barry Landau of Dominion represented the seller, Kimberly Tire & Wheel, and the buyer, XCEL Collision LLC.
DALLAS — JLL has arranged a $255 million credit facility for SimplyHome, a developer of single-family rental properties whose holdings encompass more than 10,000 units across 100 submarkets. Colby Mueck, Matthew Putterman, Laura Brown and Davis Burnett of JLL secured the credit facility though Churchill Real Estate. Upon close, the facility refinanced an initial portfolio of homes located in the Houston, Dallas-Fort Worth, San Antonio and Bryan/College Station markets.
RICHMOND, TEXAS — Dallas-based investment sales brokerage firm STRIVE has negotiated the sale of Waterview Town Center, a 13,563-square-foot retail strip center in Richmond, a southwestern suburb of Houston. Jake Dutson and Adam Gottschalk of STRIVE represented the seller, a Houston-based developer, in the transaction. Additional terms of sale were not disclosed.
HOUSTON — Partners Real Estate has brokered the sale of a 12,521-square-foot ambulatory surgery center in Houston. According to LoopNet Inc., the single-tenant property at 444 FM 1959 was built in 1995 and offers 103 parking spaces. Ryan McCullough, Connor Watson, Cary Latham and Wyatt Huff of Partners represented the seller, Ellington Properties LLC, in the transaction. Additional terms of sale were not disclosed.
SAN ANTONIO — REOC San Antonio has secured a 5,300-square-foot office lease extension at 555 E. Ramsey Road in San Antonio. According to LoopNet Inc., the property was built in 1997 and totals 26,738 square feet. Blake Bonner of REOC San Antonio represented the landlord in the lease negotiations. Jamie Bracken of Cushman & Wakefield represented the tenant, Automated Logic Corp, a provider of automated building systems.
EULESS, TEXAS — Automotive repair services provider Dents Dun Rite Inc. has signed a 5,280-square-foot industrial lease in Euless, located in the northern-central part of the metroplex. Jason Finch and Michael Spain of Bradford Commercial Real Estate Services represented the landlord, an entity doing business as Euless Industrial LLC, in the lease negotiations. The representative of the tenant was not disclosed.
HUNTINGTON STATION, N.Y. — A partnership between Dallas-based investment firm Realty Capital Partners and self-storage developer DXD Capital is underway on construction of a 664-unit facility in the Long Island community of Huntington Station. The facility will total 62,125 net rentable square feet of space that will be entirely climate-controlled. Construction began in June and is expected to be complete in August 2024. Extra Space Storage will operate the facility, which will be the first new self-storage project to be built in Huntington Station in nearly three years, according to the development team.