Wednesday, April 22, 2026
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IndustrialMidwestWisconsin

M&M Arranges $17M Sale of Staples Distribution Center

by Danielle Everson

OAK CREEK, WIS. — Marcus & Millichap has arranged the $17 million sale of a 279,828-square-foot Staples distribution facility in Oak Creek. The sale equates to $61 per square foot. Situated on a 28-acre parcel at 120 W. Opus Drive, the building features 20,000 square feet of office space and 259,828 square feet of warehouse space with a clear span of 33.5 feet. The building can be expanded by an additional 51,748 square feet. The facility is part of two-property, single-tenant industrial portfolio. The other asset, a 63,740-square-foot FedEx freight terminal in Aurora, Ill. sold for $15.9 million in May. Opus Group developed the property. Nick Manganais and Matthew Fitzgerald of Marcus & Millichap arranged the transaction for the seller, an Illinois-based family trust.

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3740-Marine-Avenue
CivicMidwestMissouri

Hilliker Corp. Arranges Lease for Charter School in St. Louis

by Danielle Everson

ST. LOUIS — Hilliker Corp. has arranged a five-year lease of a 64,000-square-foot building for St. Louis Language Immersion Schools Inc. (SLLIS) in St. Louis. The federal non-profit organization, which operates a network of independent charter public schools, moved two of its schools into one building located at 3740 Marine Ave. The property, built in 1929, sits on more than an acre of land and previously served as the site of a Salvation Army. H. Meade Summers of Hilliker represented the tenant.

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MichiganMidwestRestaurantRetail

Howard Schwartz Arranges Lease for Buffalo Wild Wings in Royal Oak, Mich.

by Danielle Everson

ROYAL OAK, MICH. — Howard Schwartz Commercial Real Estate LLC has arranged the lease of 9,144 square feet in Royal Oak. Buffalo Wild Wings will occupy space at the former Barnes & Noble bookstore located at 500 S. Main St. Diversified Restaurant Holdings Inc. leased the space and will complete $2.6 million in renovations for the restaurant. The new eatery is expected to open January 2015.

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HealthcareIllinoisMidwest

Reed Construction to Complete Ground-Up Addition for Cadence Cancer Center

by Danielle Everson

WARRENVILLE, ILL. — Reed Construction will build a new Gamma Knife Radiosurgery Center for Cadence Cancer Center in Warrenville, approximately 31 miles west of Chicago. The project will feature a two-story, ground-up addition to the existing facility to create a new, state-of-the-art advanced radiation treatment center for adults and children. The 11,268-square-foot build-out will include the addition of multiple offices, post/pre operation rooms, a nurses’ station and conference room. The property is located at 4405 Weaver Pkwy. Scott Pickands and Cy Rangel will lead Reed’s construction team, which includes Jack Sbertoli and Jim Blake. RTKL is providing architectural services. The project is scheduled for completion in March 2015.

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139-N-10th-Street-HFF
MultifamilyNew YorkNortheast

Clarion Partners Takes 36-Unit Printhouse Lofts in Williamsburg

by Amy Works

NEW YORK CITY — Clarion Partners has acquired Printhouse Lofts, an apartment building located in Williamsburg, from New York City-based Greystone for an undisclosed price. Located at 139 North 10th St., the 1900s industrial-style warehouse was converted into a luxury rental apartment building by Greystone. The pet-friendly property offers 28 one-bedroom units, six two-bedroom units and two three-bedroom units. Community amenities include laundry machines on all floors, bike storage and 2,500 square feet of shared roof deck space. The property was 100 percent leased at the time of sale. Jeff Julien, Rob Hinckley and Andrew Scandalios of HFF arranged the sale.

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Parkway-Lofts-Prism
MultifamilyNew JerseyNortheast

Parkway Lofts Surpasses 50 Percent Leased in Bloomfield

by Amy Works

BLOOMFIELD, N.J. — Prism Capital Partners’ Parkway Lofts is now more than 50 percent leased. Located in Bloomfield, the adaptive reuse multifamily project features 361 loft-style apartments, which were converted from the original six-story warehouse building. The first two phases of the property have been leased and now phase three is available. Units features 17- and 12-foot ceilings, exposed columns and beams, 13-foot insulated windows, concrete floors, custom lighting fixtures, and designer kitchens and bathrooms. Onsite amenities include a rooftop deck with fire pit, a 5,000-square-foot fitness center, a 20-seat theater room, a private party and billiards room, a 24-hour resident-only convenience store, and a dog run.

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312-314-East-91st-St-MM
MultifamilyNew YorkNortheast

Marcus & Millichap Arranges Two Apartment Building Sales Totaling $13.3M

by Amy Works

NEW YORK CITY — Marcus & Millichap has arranged the sale of two apartment buildings, located on Manhattan’s Upper East Side, for $13.3 million, or $443,333 per unit. Located at 312-314 East 91st St., the two five-story walkup apartment buildings feature a total of 30 residential units. The buildings offer a unit mix of 19 two-bedroom apartments and 11 one-bedroom units. Additionally, the properties, which are zoned R8B, include 2,214 square feet of unused air rights. Joseph Koicim, Peter Von Der Ahe, David Lloyd and Daniel Hanweiler of Marcus & Millichap’s Manhattan office represented both the buyer and seller in the transaction.

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ConnecticutNortheastRetail

Avison Young Brokers 10,000 SF Retail Lease in Connecticut

by Amy Works

SHELTON, CONN. — Avison Young has brokered a 10,000-square-foot lease at 100 Trap Falls Road in Shelton. Option Care Enterprises Inc., a subsidiary of Walgreens, inked a long-term deal for the space. Cambridge Hanover owns the 81,526-square-foot property, which recently underwent capital improvements to convert the building from a single-tenant industrial property to a multi-tenant flex building. Sean Cahill of Avison Young’s Fairfield/Westchester office represented the landlord, while Christina Blair of CBRE represented the tenant in the transaction.

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New JerseyNortheastRetail

Nordstrom Rack to Open at The Crossroads at Eatontown

by Amy Works

EATONTOWN, N.J. — Nordstrom Rack will open a new location at The Crossroads at Eatontown, located at 231 Highway 35 in Eatontown. The new 35,500-square-foot retail store is slated to open fall 2015. Construction for the new store is scheduled to commence this fall. Wall, N.J.-based Gerard Construction Corp. is building the new space. The Crossroads at Eatontown offers 105,735 square feet of retail space. Current tenants at the center include Macy’s Furniture and Fortunoff Backyard. Helena Loelius and Trista Ricciardelli of Sitar Realty Company-TCN Worldwide represented landlord LGR Associates in the transaction. Jeffery Howard of Ripco Real Estate Corp. represented Nordstrom Rack.

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Riverwalk Village
GeorgiaMixed-UseSoutheast

Duke Land Group Unveils Plans for Riverwalk Village in Roswell

by John Nelson

ROSWELL, GA. — Duke Land Group has unveiled preliminary plans for Riverwalk Village, a 104-acre mixed-use development in Roswell. The project will be located between Georgia 400 and Old Alabama Road. Approximately 43 percent of the land will be preserved as open space, including parks, public spaces, pedestrian-oriented zones and a system of walking and biking trails that will connect Riverwalk Village and surrounding neighborhoods to the Chattahoochee River. The project’s developers plan to construct open channel streams to an existing lake on the site, which will be surrounded with boardwalks, restaurants and retailers. The Atlanta Regional Commission (ARC) will review the proposed site plan, which calls for 1,500 residential units, including single-family attached, multifamily and active adult housing; 490,000 square feet of general commercial real estate including retail, restaurant, entertainment and grocery; 1.7 million square feet of office space; a 200-room hotel; and 200,000 square feet of civic and institutional space including the Swift School, a school for children with language-based learning differences. Pending zoning and permits, construction is expected to begin in the fourth quarter of 2015.

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