|Freeman Audio Visual Solutions has signed a 47k SF industrial lease within Clarius Park McCook at 9200 W. 55th St. in McCook.
|The $28M development will consist of two industrial facilities totaling 369k SF and is situated on a 20-acre infill land site. Nicols Porter and List's Adam Stokes and Mark Barbato repped owner Clarius Partners. Freeman Audio Visual was represented by NAI Hiffman's Larry Much, Steve Connolly, and Kelly Disser.
National Union Fire Insurance Co. of Pittsburgh is the latest tenant to sign at Woodfield Preserve, 10 N. Martingale in Schaumburg. The subsidiary of AIG recently signed to occupy 40k SF in the office building and will take occupancy Jan. 1. CBRE’s Mark Smith, Rob Graham, and Allison Reynolds represented KBS Woodfield Preserve. Cushman & Wakefield's David Findling negotiated on behalf of National Union Fire Insurance Co. of Pittsburgh.
Paine/Wetzel · ONCOR International completed two industrial lease transactions in the Chicago area. Worldwide Battery has signed a 10k SF lease at 704 Veterans Pkwy. in Bolingbrook. Paine/ Wetzel's Jerry Sullivan and Brandon Wright repped landlord S&F and Lee & Associates' Jeff Galante repped the tenant. DMD Holding Co. leased 7,500 SF at 450 South Spruce St. in Manteno. Paine/ Wetzel's Brandon Wright along with Nugent Curtis Real Estate's Chris Curtis represented the landlord; Manteno RFT while the tenant was self represented.
Scottrade has completed lease transactions totaling approximately 5,200 SF of space in leases at 318 E Rand Rd. in Arlington Heights, at 1450 W Lake St. in Addison, and at 3021 Butterfield Rd. in Oak Brook. Podolsky Northstar CORFAC International's Thomas Callahan represented Scottrade. Edgemark's Matt Smetana represented the landlord in Addison, AM CAP Northpoint, in the first transaction. NAI HIffman's Claire Bitautas represented the landlord in the Oak Brook transaction.
Ryan Segal has joined JCF Real Estate as assistant property manager. Ryan has more than five years of property management experience and will be responsible for a variety of assignments across several product types; he will work as a member of the firm’s receivership staff. He was previously employed as an assistant property manager with the SS Management Group. He received his bachelor's from DePaul
Ryan Cos. US has started construction on a 21k SF addition for the Good Samaritan Society senior living community and care facility at 700 Waverly Road in Davenport, Iowa. Construction costs for the two-story addition are estimated at $4.36M. The project is expected to be completed by July 2011. Good Samaritan is currently comprised of three single- and multi-story residential buildings with 190 nursing care beds and 44 independent seniors living apartments The two-story addition will include new physical and occupational therapy rooms, lounges, staff offices, and mechanical rooms on the first floor. The second floor of the addition will include 16 resident rooms, an activity area, lounges, and an expanded dining area.