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Chicago Deal Sheet
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SALES

Valerie Cook, Sean Sharko, and Austin Weisenbeck, investment specialists in Marcus & Millichap’s Chicago Oak Brook Office, repped the seller, a private investor, and the buyer, Art Belleville, in the $3.9M sale of DaVita Metro East Dialysis, a 13k SF net-leased property at 5105 W Main St (above) in Belleville.

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Lee & Associates of Illinois principal Jeff Janda and SVP Mike Plumb repped ABH Manufacturing in its purchase of 740 Hilltop Dr in Itasca. CBRE’s Mike Sedjo and Jack Brennan repped the seller, Sitex Realty Group.

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Hendrickson Co purchased a 33k SF manufacturing building at 1101 W Thorndale Ave in Itasca. Lee & Associates of Illinois principal Jeff Janda and SVP Mike Plumb repped the seller, Tortorello Family, and DTZ’s Steve Schneider repped the buyer.

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SVN | Chicago Commercial’s Vincent D’Amico repped the seller in the $2.2M sale of a 13k SF multi-tenant restaurant property at 6320 Rte 53 in Woodridge. The buyer is a national investor that specializes in restaurant properties. The site has two independent restaurant spaces and 50% is currently leased to Tilted Kilt.

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Lee & Associates of Illinois principal Chris Nelson repped Tech Max Machines in its purchase of a 25k SF warehouse at 1070 W Ardmore Ave in Itasca. Lee & Associates of Illinois principal Jeff Janda repped the seller, Hendricksen Co.
 
LEASING
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Taipei Economic and Cultural Office in Chicago (TECO-Chicago), repped by Studley associate director James Stein and executive managing director Lisa Davidson, renewed a 19k SF lease at Two Prudential Plaza (repped by The Telos Group’s Bill Truszkowski), 180 N Stetson, above, and purchased 20k SF at 55 W Wacker (repped by MB Real Estate’s Kevin Purcell, Mark Buth, and Walter Hennig).

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Windy City leased 19k SF of warehouse space at 487 Thomas Dr in Bensenville. Lee & Associates of Illinois principal Jeff Janda and SVP Mike Plumb repped the landlord, Deutsche Asset & Wealth Management. Arthur J Rogers & Co’s Brian Schmitz repped the tenant.

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Urban Innovations, repped by Aaron Zaretsky, signed a 17k SF lease with Elevate Energy at 322 W Green St in the West Loop.  Under UI’s ownership, the recently renovated building’s occupancy has increased 42% and is now fully leased. Lichter Realty’s William Donahue repped Elevate.