THE DEAL SHEET
Construction
ARCO/Murray National Construction Company, Inc. has completed a 4k-SF tenant expansion for Affiliated Independent Legal on behalf of General Growth Properties, Inc. at 1200 Harger Rd. in Oak Brook. ARCO/Murray was contracted to complete the interior build-out of the expansion space consisting of two executive offices, an administration area, a break room area, and a private bathroom.
ARCO/Murray's Joseph Pomerenke was the project executive with Daniel Bick as the lead project manager. Interior Design Group LTD provided the architectural services. NAI Hiffman's Brain Edgerton provided the brokerage services to the tenant.
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The Fox Valley Associated General Contractors honored Leopardo with the 2009 Safety Award for excellence in the 250,000 man-hours and above category. The Construction Safety Association of America presented Leopardo's Jim McInerney with the Robert M. Farrell Memorial Safety Award in appreciation and recognition of his contributions to safety. Leopardo enhances its safety program by incorporating handheld devices with software to collect, analyze, and disseminate job site safety info, which enables Leopardo to take preventative action.
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Reed Construction was selected to complete a 45k-SF build-out for Rush University Medical Center’s new Outpatient Cancer Center. The project is located at 1725 W. Harrison in Chicago. Reed's Tom Schlueter is leading the 45k-SF build-out on the 10th Floors of all three professional office buildings. The LEED-Silver project includes the construction of new exam and procedure rooms, new infusion bays for chemotherapy treatment and support staff areas. Power Jacobs is serving as owner’s rep and Loebl, Schlossman & Hackl is providing architectural services. Construction is scheduled for completion in fall 2010.
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Testa Produce Inc. has broken ground on a new 91k-SF distribution facility in the Stockyards Industrial Park at 4555 S. Racine. The new facility will seek LEED Platinum Certification, and will include a large wind turbine to co-generate electricity, hot water solar panels, PV solar panels, an extensive green roof, rainwater harvesting, and daylight harvesting among other environmentally-friendly features.Summit Design + Build was selected as the construction manager. Summit's Tim Stoeckel will lead the project. A. Epstein & Sons is providing architectural services. WBS Equities, LLC's Wendy Berger Shapiro represented Testa Produce.
Leasing
Grubb & Ellis Realty Investors LLC secured a 62k-SF lease renewal with the University of Chicago Medical Center at 7955 and 8205 S. Cass Ave. in Darien Business Center. Grubb & Ellis' Jason Streepy and Linda Garske negotiated the agreement in-house. MB Real Estate's Andrew Davidson and Jay Beadle represented the University of Chicago Medical Center.
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Paine/Wetzel · ONCOR International completed two transactions in the Chicago metropolitan area.
- Publishing company Nightingale-Conant has renewed its lease at 6245 W. Howard Street in Niles. Paine/Wetzel's Whit R. Heitman and Samuel C. Badger, Jr. represented Nightingale Conant while Colliers Bennett & Kahnweiler represented landlord Cabot Properties.
- GFI Innovations, an equipment manufacturing company, is relocating to 17k-SF at 1840 Northwestern Avenue in Gurnee. Paine/Wetzel's Whit R. Heitman and Samuel C. Badger, Jr., represented the tenant while Darwin Realty's Pat Shannon repped the landlord, Mirval.
People News
Tom Shaver was named president and CEO of Opus Holdings. Tom replaces Danny Queenan, who is leaving the company for another position. He joins Opus North from Opus Northwest, where he has been serving as VP of development. Shaver joined Opus Northwest in '05. Before joining Opus, he worked for Liberty Property Trust, where he was responsible for overseeing all Minneapolis operations. Tom is 1984 graduate of the University of St. Thomas.
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Todd Burns has been appointed president of project and development services in the Americas region at Jones Lang LaSalle. Burns previously served as COO of project and development services, a position which he held for more than three years. He continues to chair the firm's Global PDS Board, a position he has held since 2006. In his new national and continuing global roles, Burns guides the firm's 2,200 project managers worldwide. He takes over the role from Peter Belisle, who has been named president of the firm's Energy and Sustainability Services group.
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Benjamin J. Warriner was promoted to VP of construction at Morgan/Harbour Construction. In his new role, he’ll be responsible for managing the day-to-day activities of the company’s projects and project management team. Benjamin will also continue to assist in developing new business and maintaining existing client relationships. Prior to joining Morgan/Harbour, he was a project manager with the Ryan Companies and a project manager for McClier Construction. He holds a Bachelor's degree from the University of Illinois at Urbana-Champaign.
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Colliers Bennett & Kahnweiler Inc. has promoted nine professionals in the last month:
Promoted from EVP to Principal:
- Alain G. LeCoque, who brings over 20 years leadership experience in the areas of strategic real estate planning and transaction management. He has completed transactions with a total value of $2 billion and has saved his clients in excess of $300 million.
Promoted from SVP to EVP:
- Michael D. Cummings, who joined Colliers B&K’s Office Advisory Group in 1992 and has over 19 years of experience in the commercial real estate industry. In the past two years Cummings has completed 1.3M SF with a value of $200 million. He recently received Colliers B&K’s award for most completed transactions in 2009.
Promoted from VP to SVP:
- Evan T. Djikas, who is based in Colliers B&K’s downtown office. Evan specializes in multi-market Corporate Solutions, primarily for capital market-driven transactions. In 2009, Djikas negotiated 980,000 SF of office transactions and 280,000 SF of industrial transactions.
- Brian W. Kling, an industrial services professional focused in the Central DuPage, Fox Valley, and Elgin I-90 submarkets. This marks Kling’s third promotion in four years. In 2009, he represented Nicor in its 65,500 SF consolidation at the East-West Corporate Center on West Diehl Road in Naperville.
Promoted from Senior Associate to VP
- Peter N. Kelly, a member of Colliers B&K’s suburban Office Advisory Group, focuses primarily in the north and northwest suburban office markets while working closely with principal
Kevin L. Clifton.
Promoted from Associate to Senior Associate
- Ryan Barr, who is based in Colliers B&K’s downtown Chicago office. He focuses on cultivating national accounts with Alain LeCoque. Barr was recently named a co-winner of Colliers B&K’s “Top Emerging Broker” award after recognizing his superior performance servicing clients such as Alstom Power, Cummins Inc., Wells Fargo, and World Book Encyclopedia.
- Brendan C. Green, who works in Colliers B&K’s Industrial Services Group, focusing on the Northern Cook County and Lake County markets. In 2009, he represented he represented multiple institutional landlords, tenants, and private owners in both dispositions and leasing.
- Jonathan D Kohn in the Industrial Services Group of Colliers B&K. His geographic focus lies within the O’Hare market, where he has completed more than 150 transactions including a 98k-SF lease on behalf of PRI Group at 600 Thomas Drive in Bensenville.
Promoted to VP of Marketing and Communications from Director
- Aimee Course, who joined Colliers B&K in 2004 and has 14 years of real estate marketing experience. She was previously Director of Marketing at CB Richard Ellis and Senior Marketing Associate at Cushman & Wakefield.
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Janet Reuter has joined Cushman & Wakefield’s Client Solutions team as a senior portfolio director. Janet is a 28-year industry vet. She comes to C&W from CBRE where she spent three years as a director of asset services, overseeing a 15m SF office, industrial and medical portfolio. Prior to that, she was an SVP at JLL, where she was responsible for the management and development of its suburban Chicago portfolio. She is a member of the BOMA Education Committee and a DePaul grad.
Sustainability
Quarles & Brady LLP's Chicago office has achieved LEED-Gold, the first publicly registered law office in Chicago to do so. Elements that contributed included water use reduction, daylight responsive controls, recycled building materials, vegetative roo,f and Energy Star equipment and appliances. The space, located at the LEED-Gold 300 N. LaSalle, is home to about 70 lawyers in 75k-SF of space.
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Nixon Peabody LLP's Chicago office received LEED-Gold certification for Commercial Interiors from the USGBC. This is Nixon Peabody's fourth office space to receive LEED certification. The office was designed by architectural firm DiMella Shaffer and the general contract work was done by Skender Construction. Green elements include low VOC paint and linoleum flooring, GreenGuard furniture, and natural light usage.
Sales
Paine/Wetzel · ONCOR International completed the sale of a $2.64 million building in Munster, Indiana. Royal Brush Manufacturing Co., Inc. purchased the 55k-SF building situated on a 3.35 acre site at 515 West 45th Avenue. Paine/Wetzel's Adam Karras, represented Royal Brush, while Paine/Wetzel's Edward C. Wabick and Brant Companies' Jeff Brant repped the seller, Chicago Downs Association, Inc.