The Deal Sheet
| Jones Lang LaSalle’s capital markets group has been hired to market 909 Davis St in Evanston for sale. The 195k SF, six-story building rests between both a Metra and an L stop. |
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Leading the JLL team are Jim Postweiler, Bruce Miller, Jascint Vukelich, and Nooshin Felsenthal. The property is 95% leased and was built in 2002. It includes 12k SF of retail in the portion that is not for sale.
Awards Leasing News *** Paine/Wetzel · ONCOR International completed five industrial lease transactions in Chicago and the suburbs.
*** Hospira has leased an 82k SF industrial building at 10616 82nd Ave in Pleasant Prairie, Wisc. Lee & Associates' Mike Prost and Sergio Chapa represented building ownership, Towne Industrial, and Jones Lang LaSalle's Kurt Sarbaugh represented the tenant. *** Lee & Associates Jeff Janda and Jim Planey represented Specialty Moving Systems in its renewal of 80k SF at 120 Internationale Blvd in Glendale Heights. Jeff and Jim also represented building ownership, AMB Property Corp. *** Connexion leased 61k SF of space at 1700 Leider Lane in Buffalo Grove. Avison Young's John Hauser represented the tenant. The building is part of the 500k SF Aptakisic Creek Corporate Park owned and developed by Bridge Development Partners and McMorgan & Co. *** HSA Commercial's Brad Borkowski represented Best Warehousing & Transportation Center, in a 56k SF lease at 1801 Hawthorne Lane in West Chicago. CB Richard Ellis' David Prell and Kirk Armour repped ownership, DCT Industrial. *** Lee & Associates' Scott Anderson represented Midwest Terminal Services in the lease of 20k SF in Hammond, Ind., at the R&R Industrial Park. The building is crane-served and has dual rail service by both the Norfolk Southern and IHB railroads. Sales News *** Following a lease renewal by a division of ITW at 600 Knightsbridge Pkwy in Lincolnshire, the building was sold to CenterPoint Properties. The seller, 600 Knightsbridge LLC, is owned by the former owner of the EH Wachs Co that has been operating out of the building and was purchased by ITW in 2008. The 61k SF building includes18k SF of office space. Avison Young's John Hauser repped the landlord in the EH Wachs lease renewal and building sale. *** Marcus & Millichap's Mark Myers brokered the sale of St. Ann’s Healthcare Center, a 119-bed seniors living facility in Chester, for $1.5M. The 1937 building was updated in 1976 and is close to several local hospitals. Executive Moves
*** Jeffrey Cardosi has joined The Dobbins Group as director of architecture/engineering. Jeffrey most recently worked for Hutter Architects and Jeffreys & Associates. As director of A/E at The Dobbins Group, Jeffrey is responsible for project management, construction documentation, consultant coordination, and quality control. *** David Kimball has been promoted from associate to assistant VP at MB Real Estate. David, who joined MB Real Estate in 2005, has recently represented HDI-Gerling America, University of Chicago, and Davis & Hosfield. Constuction News *** Morgan/Harbour Construction Co completed a renovation and expansion project for Kimco Realty Corp at 10600 Higgins Rd at the O’Hare Corporate Towers in Rosemont. The property is managed by Lincoln Properties. The 5,568 SF project included an office expansion and corridor work for the REIT. Morgan/Harbour's Ben Warriner led the project and Lorin Van Nest was the project manager for the firm. Vincent, Lynn & Lee provided the architectural services. *** Reed Construction completed an 8,000 SF fitness center within the Marquette Building at 140 South Dearborn for the building owner, The MacArthur Foundation. The new fitness center features an executive level, a yoga studio, men’s and women’s locker rooms, free weights, universal weight machines, treadmills, and stationary bikes. Reed Construction’s Scott Pickands was the project executive and Christine Roche was the project manager overseeing construction. Architectural services were provided by Holabird & Root. Finance News |
