OAKDALE, MN-LaSalle Investment Management has hired NorthMarq toprovide property management to the 165,000-square-foot OakdaleVillage retail center. Located on the northwest corner ofInterstate 94 and Radio Drive, the center is 98% leased withtenants such as Best Buy, Sports Authority and Homegoods. EricBjelland with NorthMarq had managed the sale of the property toLaSalle.

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DEARBORN, MI-Paul's TV, a California-based electronics retailer,has leased a 112,500-square-foot industrial building here inFairlane Commerce Center. The five-year lease is valued at about $3million, according to Hager Pacific Properties, the building owner.Randall Allman with CB Richard Ellis represented Hager and MartySetzer with Core Real Estate Services LLC represented thetenant.

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CEDAR RAPIDS, IA-Opus Northwest LLC and Opus Architects &Engineers have been given a contract to build a new 170,335 squarefoot Armed Forces Complex here. The $37.7 million project willinclude a one-story center and a field maintenance shop.Construction will begin in April, with a completion date of August2011.

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GLENVIEW, IL-Total Hockey has signed a lease for 8,031 squarefeet at Plaza Del Prado in this North Shore suburb of Chicago. Thehockey equipment retailer is expected to open in summer 2010 in the129,112-square-foot retail center, which is anchored by Jewel/Osco.Total Hockey is headquartered in St. Louis, with a total of sevenlocations in Missouri and Illinois. Mid-America VP Marget Grahamand Senior Leasing Representative Kitsy Ritter represented thelandlord in the transaction, while Brent Wayburn with MetroCommercial Real Estate represented the tenant.

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WILLOWBROOK, IL-Centerpoint Properties purchased a50,157-square-foot flex building here from Prime Group Realty Trustfor $4.3 million. The facility, at 7100 Madison, was completed in1998 as a build-to-suit for the Trane Co., which is leasing theproperty through 2015. The building is 60% office and 40%warehouse. Jaime Fink, Jeffrey Bramson and Kenneth Glomb withHolliday Fenoglio Fowler LP led the investment sales team on behalfof the seller.

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EVANSTON, IL-An affiliate of Greenfield Partners LLC hasrecapitalized its loan on the Orrington Hotel, which is beingconverted to a full-service Hilton. Mesa West Capital has provided$14.5 million in first mortgage financing, with the loan proceedsincluding capital necessary to convert the hotel. The property has269 guest rooms. Jay Marshall with Holliday Fenoglio Fowler LParranged the financing.

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