CHICAGO-NRC Realty & Capital Advisors LLC, based here, has been retained in the sale of nine retail properties currently in foreclosure in California, Delaware and Pennsylvania. The facilities total almost 20,000 square feet, and include gas stations and convenience stores.

Evan Gladstone, managing director of NRC, tells GlobeSt.com that a national lender hired his company to auction the sites. The bid deadline is Sept. 30. “The number of commercial properties being surrendered to lenders is definitely increasing,” Gladstone says.

GRAYSLAKE, IL-Marcus & Millichap Real Estate Investment Services has arranged the sale of Swanson Corners Retail Center, a 100% occupied retail center here. According to Gregory A. LaBerge, regional manager of the firm’s Chicago office, the asset sold for $1.2 million, which represents a cap rate on current net operating income of 8.34%. Demetrie Livaditis, an associate in the firm’s Chicago office, represented the seller, the center’s developer. Built in 1995 at 1276 North Illinois Route 83, the property is a 5,500-square-foot retail center that is currently leased to three tenants: 7-Eleven, Papa John’s Pizza and Village II Cleaners.

CHICAGO-Summit Design + Build LLC, is pleased to announce the firm’s selection as general contractor for an extensive remodel to an existing 25,600-square-foot facility for Daily Meat Supply Co. in Chicago’s West Loop. According to Summit president Adam Miller, the meat distributor purchased the property at 2323 W. Fulton Market and is relocating from its prior location at 1000 W. Fulton Ave., also in Chicago, and selected the facility based on its central location within the city and parking ability for customers. The construction also includes resurfacing of the parking lot and a new roof. Completion is scheduled for fall 2010.

CHICAGO-Sperry Van Ness LLC is proud to announce the expansion of their current client offerings to include auction services through its division of the Accelerated Marketing Team. The SVN Auction team is fully integrated with Sperry Van Ness International and the 960 member advisors, which enables clients to capitalize on local market knowledge with product specialists who augment the commercial auctions and sealed bid initiatives. Wayne Caplan, a director and principal with SVN’s Chicago Office and formerly of Sheldon Good and Co. will be spearheading SVN’s auction efforts in the Midwest.

GRAYSLAKE, IL-EVPs Rodger Chenore and Patricia Baldwin, with Terence Lynch, Senior Associate, of Paine/Wetzel-ONCOR International have completed a 33-acre land sale for Delos Inc. at Route 83 south of Route 137 within the Grayslake Business Park. Scannell Properties LLC, a privately owned real estate development and investment company, has purchased the land from Delos for the development of a 215,000 square foot distribution center for Fed Ex Ground. Approximately 100 acres of fully improved land remain available for sale in the Grayslake Park.

ELK GROVE VILLAGE, IL-Arthur J. Rogers & Co. is relocating its headquarters office to Elk Grove Village, Illinois. The company has relocated its headquarters of more than 50 years to 1559 Elmhurst Rd. The firm was previously located in neighboring Des Plaines. The company recently sold the Des Plaines property for the development of a new casino which is currently underway.

SOUTHFIELD- NAI Farbman arranged the lease of 17,996 square feet to BullsEye Telecom Inc. at 25925 Telegraph Rd. Lesley Gutman represented the landlord Riverside Center Acquisition LLC.

TROY, MI-Friedman Real Estate Group, Inc. recently negotiated the lease of 9,248 square feet of office space at 2800 Livernois Rd. The landlord, Osprey-Troy Officentre LLC leased the space to Genesis 10 Inc. Glenn N. DesRosiers, VP with Friedman, represented the landlord in this transaction.

FORT WAYNE, IN-BND Commercial has acquired Goldstine Knapke brokerage company. BND was established in 2004. Goldstine Knapke was formed in 1992 when Goldstine Inc. and N. B. Knapke Company Inc. partnered to create the new firm. Goldstine Inc., headed by co-owners Stephen J. Wesner and David J. Norton. All three brokers, Knapke, Norton, and Wesner, will continue to offer their brokerage services through BND Commercial Real Estate. The blending of these two established real estate firms will offer services in the areas of commercial, office, industrial, medical, retail, multi-family and business brokerage. The company will also continue to provide tenant and landlord representation, property and facility management, consulting and market research, asset and appraisal services as well as commercial and residential development. Norton adds, “We are excited about the benefits this collaboration brings, and we look forward to sharing these with our most valuable resource—our clients.”

PORTAGE, IN-Lee & Associates has completed a long-term lease renewal and expansion for a 469,000-square-foot industrial space at 6750 Daniel Burnham Dr. here. The value of the lease is in excess of $7 million. Justin Fierz and Brian Vanosky, both principals of Lee Chicago, represented the tenant, a global home d