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LISLE, ILL. — Navistar, a heavy truck and diesel engine manufacturer, has purchased an 87-acre office/R&D campus in Lisle for use as its new corporate headquarters. The campus is situated at the intersection of Warrenville and Naperville roads in Chicagoland's I-88 Corridor. The seller in the deal was Alcatel-Lucent, which formerly occupied the 1.2 million-square-foot campus. In creating its new headquarters and R&D facility, Navistar plans to retain or create an estimated 3,100 jobs. The Chicago and Atlanta offices of UGL Services joined to broker the deal on behalf of Alcatel-Lucent. The brokerage team included Christopher Wood and Art Waldrop, managing directors of the Chicago and Atlanta offices, respectively. Other participating UGL brokers included David Stefanic, Scott Goldman, William Tom and Rick Nash. “UGL Services is very pleased to have been in a position to partner with Alcatel-Lucent in this significant facility disposition effort,” said Wood in a statement. “The successful close of this transaction is a very positive event for Alcatel-Lucent, Navistar, the Chicago region and the State of Illinois.” John Musgierd of Jones Lang LaSalle's Chicago office represented Navistar in the deal. The acquisition price was not disclosed. — Coleman Wood

INDEPENDENCE, MO. — Phillips Edison & Co. has acquired a shopping center in Independence from Centro Properties Group. The purchase was made on behalf of the company's Fund IV and represents its entry into the greater Kansas City market. Marketplace Shopping Center totals 241,682 square feet and is located at the interchange of Noland Road and Interstate 70. Tenants include anchor Price Chopper and discount retailer Big Lots. Ingrid Long and Drew Quinn of Grubb & Ellis represented the seller in the deal. The acquisition price was not disclosed. “The acquisition of Marketplace Shopping Center is consistent with Phillips Edison's strategy of acquiring core and value-add shopping centers anchored by dominant grocers across the country,” said Hal Scudder, chief investment officer for Phillips Edison, in a statement. This most recent purchase is a familiar one to Phillips Edison. The company currently owns grocery-anchored shopping centers in Kansas, Nebraska and Oklahoma. This year alone, the company has also purchased shopping centers in Fort Smith, Ark.; Aurora, Ill.; and Clackamas, Ore. — Coleman Wood

SAN BERNARDINO, CALIF. — A joint venture between Dallas-based Behringer Harvard and Aliso Viejo, Calif.-based CT Realty Investors has completed its third acquisition. The joint venture purchased four buildings within Interchange Business Center in San Bernardino. The properties are situated on 41 acres and contain a total of more than 800,000 square feet of warehouse and distribution space. Occupancy was 29 percent at the time of the sale. “Interchange Business Center provided us with an attractive opportunity to capitalize on current market stress by acquiring Class A industrial space in a recovering market at a significant discount to replacement cost,” said Samuel Gillespie, COO of Behringer Harvard Opportunity REIT II, in a statement. “With its strong Inland Empire location and superior quality of construction, we believe this property offers strong upside.” Earlier this year, the joint venture acquired Archibald Business Center, a 231,000-square-foot property located in Ontario, Calif. Recently, the joint venture partnered with two other parties to acquire El Cajon Distribution Center, a 1.4 million-square-foot property located in El Cajon, Calif. — Coleman Wood

BROOKVILLE, OHIO, AND LEBEC, CALIF. — Chicago-based Venture One Real Estate has brokered the $70 million sale of a distribution center portfolio. The sale included two properties totaling approximately 1.15 million square feet of space. The first property is located just outside of Dayton, Ohio, in Brookville. The distribution center totals 801,711 square feet and is situated on 58.5 acres less than a half mile from the interchange of Interstate 70 and Arlington Road. Payless ShoeSource is the building's sole tenant. The second building is located within Tejon Indsutrial Complex, the industrial component of the Tejon Ranch master-planned community, which is north of Los Angeles in Lebec. The building contains 351,723 square feet and is situated on 24.4 acres. Its sole tenant is a subsidiary of Brown Shoe Co., which operates the building as a fulfillment center for Famous Footwear. Roy Splansky and Mark Goode of Venture One represented the seller, entities controlled by St. Louis-based Clayco Realty Group. Clayco was also the original developer of both properties. The buyer was a New York City-based institutional party. The Colliers International team of John DeGrinis and Thomas Taylor provided additional assistance for the California portion of the deal. — Coleman Wood

NASHVILLE, TENN. — The Mathews Company has announced plans to develop a 180-acre assemblage it owns in Nashville. Known as Buchanan Point, the shovel-ready project could accommodate as much as 2.7 million square feet of Class A office and mixed-use space. The site benefits from easy access to both downtown Nashville and Nashville International Airport. It is situated 7 miles from the former and 1 mile from the latter. It is immediately adjacent to Interstate 40 and provides 4,000 feet of frontage along the highway. The site's location near the Airport North submarket puts it in the company of several large office users including Bridgestone, Kroger and Genesco. Office space will make up a large portion of Buchanan Point. The developer has approvals in place to develop single-story flex space all the way up to seven-story office buildings. The site is also zoned for hotel space as well as 120,000 square feet of retail. The hotel space will be constructed as the amount of office space increases, and the retail space will follow later. According to Bert Mathews, president of The Mathews Company, a proposal is currently being a drawn up that would develop 2 acres of the project, kicking …

NEW YORK CITY — Stellar Management has completed its second big acquisition of the month with its $68 million acquisition of The Winderemere in New York City. Situated at 666 West End Ave., the 23-story building contains 374 apartments. It had been owned by the Zarucki family since 1973. Stellar plans to maintain the building as a rental property. In the near term, it will invest $10 million in renovations. The tower's limestone and brick façade will be maintained. In addition, the new owner will provide several amenities to residents including wireless Internet access, a lobby lounge, a fitness center and a rooftop deck. Sustainable elements will also be added to the building. The project architects for the renovations are N-Plus Architecture and RSVP Architecture Studio. “This is a welcomed addition to Stellar's growing portfolio,” said Ryan Jackson, vice president of Stellar, in a statement. “Once renovations are complete, the property will juxtapose the quintessential 1920s, pre-war essence with modern amenities.” Earlier this month Stellar acquired Tivoli Towers, a 33-story, 320-unit affordable housing community located in the Crown Points neighborhood of Brooklyn. The company also plans to renovate this property as well as maintain its status as affordable housing under …

CAMBRIDGE, MASS. — Skanska USA Commercial Development, a Boston-based affiliate of global construction group Skanska, has acquired the development rights to a laboratory/R&D project in the heart of Cambridge. The fully permitted project will be located within the city's Kendall Square biotech corridor. The three-story building, known as 150 Second, will contain 120,000 square feet of office and laboratory space along with 94 underground parking spaces. Project architect Elkus Manfredi Architects has designed the building to achieve LEED-Gold certification, with sustainable features that include the use of sustainable construction materials and the inclusion of abundant daylighting. Skanska acquired the project from Bent Street Land Company LLC, a private investment partnership sponsored by Spaulding & Slye Investments. The project has already received approval from the Cambridge Planning Board. Skanska USA Building will serve as construction manager. Jones Lang LaSalle has been brought on to lease and manage the building. “This is an extraordinary site due to its great amenity base, proximity to transit and biotech tenant demand,” said Mike Pascavage, executive vice president and regional manager for Skanska USA Commercial Development. “We have been actively pursuing projects that align with our core values of operational efficiency and environmental sustainability, and this …

SCOTTSDALE, ARIZ. — Scottsdale-based Healthcare Trust of America (HTA) continues its busy year of acquisitions with the closing of two new medical office purchases. The REIT has closed on part of a five-building portfolio and another single-property deal in a new market. In the first transaction, HTA closed on three of the five Class A properties it is acquiring from Rendina Companies. The first building is Des Peres Medical Arts Pavilion II, which is located on the campus of Des Peres Hospital in St. Louis. Constructed in 2007, the two-story building contains 48,000 square feet of space. SLUCare, which is an affiliate of Saint Louis University, and Tenet Healthcare, which is an affiliate of the owner of Des Peres Hospital, occupy approximately 50 percent of the building. Overall, the building is fully leased. The second building is San Martin Medical Arts Pavilion, a three-story, 73,300-square-foot building located in Las Vegas. The third building is Saint Francis Medical Arts Pavilion, a 77,300-square-foot building located in Poughkeepsie, N.Y. The two properties in the portfolio remaining to be closed on include Gateway Medical Plaza, a 60,160-square-foot building located in Tucson, Ariz., and Wellington Medical Arts Pavilion III, a 48,000-square-foot building located in Wellington, …

SAN DIEGO — San Diego-based Trigild has been named receiver for 3 million square feet of distressed real estate. The portfolio comprises 11 office industrial properties located across the country. All of the buildings are currently facing foreclosure. The properties include: • The FIP Realty Portfolio, a 14-building, 968,000-square-foot industrial center located at 1879 Federal Pkwy. in Columbus, Ohio; • The Bixby Properties, five office complexes totaling 11 buildings and more than 800,000 square feet that are located in Orange County, Callif.; • 1010 Commons, a 500,000-square-foot office building located at 1010 Commons St. in New Orleans; • Citizens Bank Center, a 500,000-square-foot office building located at 919 N. Market St. in Wilmington, Del.; • Empire, a 250,000-square-foot office building located at 7300 and 7310 Governor Ritchie Highway in Glen Burnie, Md.; • Scripps Corporate Plaza, a three-building, 244,270-square-foot complex located at 10650-10680 Treena St. in San Diego; and • El Monte, a 1,121-unit self storage facility located at 11310 Stewart St. in El Monte, Calif. With this announcement, Trigild currently represents more than $6 billion worth of defaulted loans. The company expects that number to increase, as it asserts that several hundred billion dollars worth of commercial properties will …