Retail

SAGINAW AND COLDWATER, MICH. — Mark Luttner of The Luttner Retail Group of Ohio-based NAI Daus has completed three Michigan retail sales. In Saginaw and Coldwater, Luttner has arranged the sale of two retail stores 100 percent leased to Advance Auto Parts. The 7,000-square-foot Saginaw store was sold for approximately $1.68 million. The 6,784-square-foot Coldwater location commanded a sales price of approximately $1.43 million. Additionally in Coldwater, Luttner has arranged the sale of a 3,500-square-foot, freestanding National City Bank. The building was acquired by an undisclosed buyer for $800,000.

APPLETON, NEENAH, MENASHA AND GREEN BAY, WIS. — Stan Johnson Co. has completed the sale of a five-property portfolio of Walgreens drugstores in Wisconsin. The stores, which are 100 percent leased to Walgreens/Walgreen Co., are located in Appleton, Neenah and Menasha, as well as two properties that are in Green Bay. An undisclosed corporation has acquired the stores from an undisclosed retail developer for $13.67 million. Gill Warner, Rod Pickney and Chad Byerly of Stan Johnson Co.’s Team Warner represented both parties in the transaction.

MINNEAPOLIS — Minneapolis-based Kraus-Anderson Construction Co. has broken ground on Now Boarding, a new pet boarding operation located adjacent to the Minneapolis-St. Paul International Airport at 6002 28th Ave. S. in Minneapolis. The dog daycare facility, which will be a program of the Animal Humane Society, will be open 24 hours a day, with parking and shuttle service to the airport terminals for kennel customers. The project includes refurbishing the existing 12,000-square-foot facility, adding a 10,800-square-foot component and building parking lots for 132 vehicles. Upon completion, which is expected in mid-November, Now Boarding will accommodate 141 animals. Pet services will also be available at the property, including dog day care, multiple outdoor play and exercise areas, indoor play areas, and a large spa and grooming area equipped with therapy pool and massage.