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Growing Green

Chicago
Growing Green
HJKessler & Associates' Helen Kessler  has seen many movements in the green concerto. From solar panels to recycling to energy efficiency, she's ridden the wave from the '70s until today. It's why we're pleased she'll be moderating our Sustainability Breakfast and Schmooze  tomorrow morning at the Metropolitan Club
 
Growing Green
We snapped Helen in her office (with her own artwork) on Monday. After moving to Chicago in 1989, Helen has been an integral part of many of the city's green projects, including the Chicago Center for Green Technology, the Chicago Public Branch Libraries, 250k-SF for Exelon, and 353 N. Clark. She's currently a LEED consultant for six high schools and five elementary schools for the Chicago Public School District. Helen says the city has been a leader in green for a long time because of Mayor Daley's commitment to lead the nation by requiring green roofs for all TIF projects and putting LEED projects first in line for permitting. Join Helen, and hundreds of your peers, at our event tomorrow by signing up now!

Company News

Mitch Kahn, the founder of Hilco Real Estate, has started a new company. Frontline Real Estate Partners  is a strategic advisory firm specializing in acquiring value-add, distressed and surplus real estate assets nationwide. Mitch formed the partnership with Josh Joseph and Matt Darin, also formerly of Hilco Real Estate.

Sales News

Sun Life Assurance Company of Canad a purchased 29 N. Wacker Drive, a 129k-SF, 10-story, Class A office building, from Intercontinental Real Estate Corporation for an undisclosed amount. According to NAI Hiffman research, this is the first traditional investment sale  of a downtown office asset this year. NAI Hiffman, who assisted Sun Life on the purchase of the asset, has been retained to manage the building. Eastdil Secured represented Intercontinental in the sale transaction.

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Arizona-based  Cole Credit has purchased the 178k-SF Experian Marketing Solutions-leased building in Schaumburg for $30 million. The building was built in 1999.

People News

John Clark and Robert Lundin have joined the Chicago office of Grubb & Ellis Company as SVPs, Office Group. The hires, which are effective immediately, are part of the company's overall strategy to significantly enhance its Investor Services platform. The team joins from Jones Lang LaSalle and includes  Jesse Slack as associate vice president.

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Steven Podolsky has been awarded FIABCI's  Past President's Medal of Honor for Continued Distinguished Service  to the local and international organizations. He is one of five Past Presidents to have received this honor.

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Brenda Crisp has joined Jones Lang LaSalle as SVP and leader of the firm's Midwest Industrial Property Management  practice. With more than 25 years of experience in full-service property management, Crisp will focus on expanding the firm's Midwest industrial property management platform Brenda joins Jones Lang LaSalle from InSite Real Estate, LLC, where she served as Managing Director of Property Management Operations. At InSite, Brenda oversaw an 11M-SF portfolio

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Olivia Czyzynski has joined the office division of Sperry Van Ness. Olivia, formerly of DK Realty Partners, has experience marketing office properties that have ranged from 10k-SF to 80k-SF. She graduated from the University of Iowa.

Construction and Architecture

Krusinski Construction Company began work to adapt a food distribution facility for Asian food distributor JFC International in Hanover Park,. The new 20k-SF freezer area will accommodate the growing product line for JFC.

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Diana's Bananas will move operations to a new facility on Harrison Street. Krusinski Construction Company was contracted to renovate the 17k-SF to include an 8k-SF freezer, a cooler area and a production area. The architect is Archideas.

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The Ross Group, Inc. started construction on a 41k-SF addition to MonoSol LLC's two-year-old manufacturing facility in LaPorte, IN. MonoSol increase the its size from 39k-S to 80k-SF. The Ross Group's Project Manager, Steve Gierke, and Site Superintendent,Garry Gadd, are working closely with MonoSol's Tim Boyle, and Project Engineer Erik Peterson on the expansion. It should be completed by July.

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Opus North Corporation  is designing and building a 35k-SF warehouse/distribution facility for King Shan, LLC 2.48-acres at Oakview Corporate Park in West Dundee. Darwin Realty & Development's Noel Liston represented both King Shan and Opus in the transaction.

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Principle Construction Corp. is working on a 44k-SF building expansion for S&S International at 457 St. Paul Boulevard in Carol Stream. Principle Construction will install a second 4k-amp electric service system, two 25-ton and two 15-ton bridge cranes, and embedded steel rails in the floor slab for S & S's cart material handling equipment. The project broke ground at the end of 2009 and is due to be complete in  July of 2010. Principle's Tom Leathem is the project manager and Mark Frane is superintendent. Richard Preves & Associates will provide architectural services. 

Leasing News

Podolsky Northstar CORFAC International  represented  KTR Capital Partners in lease transactions totaling more than 15k-SF in Schiller Park. In one lease, Fastenal Company  has signed for a 7k-SF retail and warehouse location at 3749 N. 25th Ave. in Schiller Park, a building owned by  KTR Illinois LLC.

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Control Solutions, LLC signed a 12-year lease for a 130k-SF at 2520 Diehl Road in Aurora that it will use as its new corporate headquarters, manufacturing plant and warehousing/distribution center. Cushman & Wakefield's Jason West and Mike Magliano repped the tenant. Colliers Bennett & Kahnweiler's Jeff Kapcheck and Brian Kling  repped the landlord, JP Morgan.

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Gardner Publications signed a 2k SF lease at The Corporate Reserve of St. Charles, JCF Real Estate's 50-acre, mixed-use development located at 300 Cardinal Drive in St. Charles. JCF's Steve Chrastka repped the owner while Chicagoland Commercial Real Estate's Emily Smith.

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Paine/Wetzel · ONCOR International has completed six transactions totaling 57k-SF in the Chicago metropolitan area.

  • M&S Pallets  has signed a 35k-SF industrial lease at 4042 W. Lake Street. Paine/Wetzel's Michael D. Nelson and Mark A. Nelson repped the landlord, James Athanasopoulos.
  • United Global Logistics has signed a 12k-SF lease renewal at 1475 Thorndale Avenue in Itasca. Paine/Wetzel's  Phil Reiff repped the tenant.
  • Two tenants have signed new leases at a newly constructed facility at 11545 W. 183rd Street in Orland Park. Athletic Republic signed for 4k-SF, while Semke Forensic signed for 2k-SF. Paine/Wetzel's Brandon R. Wright repped owner TCB Development in both transactions while the tenants were self-represented.
  • A tire company has signed a 3k-SF lease at 3421 W. 48th Place. Michael D. Nelson and Mark A. Nelson represented the landlord, 3421 Building Corporation while the tenant was self-represented.
  • JSY Software  signed a new 2k-SF lease at 40 Shuman Road in Naperville. Paine/Wetzel's Gregory R. Wright  represented the tenant while CB Richard Ellis represented the landlord.