The Deal Sheet
Industrial sales and leasing
GC Glass Inc. signed a lease for 3k-SF at 6218 S. Oakley Avenue in Chicago. Michael D. Nelson and Mark A. Nelson of Paine/Wetzel ONCOR International repped the landlord, Matt Peterson, in the transaction. The tenant was represented in-house.
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A start-up car wash company signed a new, 2,000 square foot lease at 1518 N. Throop in Chicago. Paine/Wetzel?s Nelson and Nelson again represented the landlord, while the Ruban Group's Edeza Pasqual represented the tenant.
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Star Creations, a wall d cor business, is moving its headquarters to a new building developed by Panattoni at 610 Schelter in Lincolnshire. CBRE ?s Keith Puritz, Brett Kroner, Ryan Bain, and Zach Graham repped the landlord in the 99k-SF transaction. Mass Realty's Bill Mass repped Star Creation, which is moving from Wheeling. The 30-foot clear building is slated to be completed by August.
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Sara E.F. Gensburg LTD, an architect, has bought a 3k-SF office condominium at 105 Revere Drive in Northbrook. The $425k office space is part of an 18k-SF single story office condo building developed by The Missner Group.
Retail Leasing
Joseph Freed & Associates has signed PUMA for the lease of its first U.S. flagship store as a part of its Block 37 development. The store will open along with 60 other retailers this fall.
Portfolio leasing
Executive search firm Heidrick and Struggles has selected UGL Equis to provide strategic portfolio services worldwide. Chris Wood,Scott Goldman, Daniel Fisk and Adam McCostlin will lead the Equis team.
Construction
Reed Construction is working on a 20k-SF office build-out for Children's Home & Aid Society at 100 N. Western Ave in Chicago. Reed?s Tom Schlueter is the senior project manager and Techno Ltd. is the architect. Bradford Allen Realty's Julie Lane repped Children's Home in its new lease.
At auction
Inland Real Estate Auctions, Inc. is selling a 10k-SF multifamily building at 1675 Green Bay Road in Highland Park with a minimum bid of $999k. It was previously offered at $2 million.
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Another item on Inland?s June auction slate is a 48k-SF mixed use property at 14-22 Center Street in Bensenville. The Building has a new fa ade and was previously priced at $2.3 million. The minimum bid will be $375k.
People news
Champion Realty Advisors LLC?s J. D. Salazar has been selected as an official member of the CEO Council of Chicago United, a group that brings together racially diverse executives in the Chicago business community.
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Cushman and Wakefield's Christopher Porter has been named executive director of the company's brokerage services group. He will work out of the firm's Rosemont office.
Company news
Jones Lang LaSalle was named to The Ethisphere Institute?s World?s Most Ethical Companies list for 2009. To create the list, researchers and analysts reviewed over 10,000 companies. Information was both provided by the companies through questionnaires and collected during additional independent research.
