CHICAGO-Schwarz Supply Source, based here, has leased three warehouse facilities in the Midwest on behalf of Walmart Inc. to provide locations to store material for store retrofits in the region. The leases in Grand Rapids, MI; Burnsville, MN and Sauk Village, IL total about 877,011 square feet.

Voit Real Estate Services handled the leasing on behalf of Schwarz. The properties are leased for one year each, and are located at 1120 36^th St. SE in Grand Rapids (landlord: Ashley Capital), 2300 W. Highway 13 in Burnsville (landlord: First Industrial Realty) and 21399 Torrence Ave. in Sauk Village (landlord: NAI Hiffman).

Peter Castleton, SVP with Voit, tells GlobeSt.com that Walmart needed locations that are near the region’s stores and can handle inventory of up to 350,000 square feet. “When the company goes in to upgrade its stores, they’ll store the shelving and displays and other retrofit materials at these sites,” he says.

Though the leases are only for one year, Castleton says at least the landlords can have an income as the market returns. “Hopefully we’re gaining traction and exiting these low points,” he says.

CHICAGO-Hostway Corp. has signed a new long-term renewal for 52,660 square feet of office at the Boeing Building, 100 N. Riverside Plaza in Chicago. Christopher Cassata with CB Richard Ellis represented ownership, Boeing 100 N Riverside LLC., in this transaction. Matthew Carolan with Jones Lang LaSalle represented the tenant. Built in 1989, 100 North Riverside Plaza is a 770,299-square-foot, 36-floor tower located on the Chicago River.

BUFFALO GROVE, IL-Jeff Cherner, SVP and managing director in NorthMarq Capital’s Chicago Regional office, recently arranged first mortgage financing in the amount of $15 million for 485 Half Day Rd. here. The property is a five-story, Class A suburban office building containing 132,581 square feet of office space with a two-level parking deck. Walgreen’s, Production Services and Ambius are major tenants at the property. Financing was based on a 10-year term and a 25-year amortization schedule and was arranged for the borrower, Millbrook IV LLC, by NorthMarq through its correspondent relationship with Advantus Capital Management.

CHICAGO-Transwestern’s Chicago-based Retail Advisory Services team recently represented Tuesday Morning in five transactions across the Chicago area totaling 95,416 square feet. The retailer, specializing in upscale closeout merchandise, signed leases in Niles, Orland Park, Arlington Heights, Darien and Gurnee. Patrick Owens, SVP with Transwestern, represented the tenant in all five leases. Don Gill of Inland Real Estate negotiated in-house on behalf of the landlord in the Darien lease. Matt Smetana of Edgemark represented the landlord in the Arlington Heights and Gurnee lease transactions. Mary Beth Menlli-Ivelijic of Mid-America Asset Management represented the landlord in the Niles transaction. Kevin Jones of Simon Property Group negotiated in-house on behalf of Simon in the Orland Park lease transaction. The tenant operates 845 stores in 43 states.

CHAMPAIGN, IL-Berkadia Commercial Mortgage has originated $13 in floating-rate debt for the acquisition of a student housing property located at the University of Illinois. The loan features a three-year term to allow for the repositioning of the property. The borrower is a joint venture between the Preiss Co. of Raleigh, NC and the Collier Cos. of Gainesville, FL. Preiss will manage the property. Located on North Moreland Boulevard, the property was developed in 2007 with construction financing from Wachovia Bank. The garden style complex includes 240 units with 792 beds.

BOLINGBROOK, IL-Hanger Orthopedic Group Inc., has leased 44,671 square feet within Crossings Business Center, at 386 Internationale Dr. here. Additionally, Container and Pooling Solutions, Inc. has leased the remaining 33,154 square feet at 380 Internationale Dr., also within the center. The center consists of two buildings totaling 352,700 square feet of industrial space. The park, which features 30-foot clear heights, 81 exterior docks, 15 drive-in doors, significant auto parking and trailer storage, was developed by ML Realty Partners and HSA Commercial Real Estate. The center is 100% leased. Steve Connolly, Mark Moran and John Whitehead with NAI Hiffman represented the center. Tim Cahill and Dan Rasmussen with UGL Equis represented Hanger Orthopedic, and Jason West and Sean Henrick with Cushman & Wakefield represented Container and Pool Solutions.

CHICAGO-Essex Realty Group Inc. has arranged the sale of a portfolio consisting of six apartment buildings totaling 249 units located on Chicago’s south and southwest sides. The properties are in the neighborhoods of Marquette Park, Avalon Park, Grand Crossing and South Chicago. Doug Imber with Essex represented the seller, and Matt Welke and Doug Fisher also of Essex represented the buyer. The price for the portfolio was approximately $3.3 million.

LAKE BLUFF, IL-Northbrook, IL-based Prime Property Investors Ltd. has purchased Deer Valley Apartments, a 224-unit, garden-style apartment complex. The fully stabilized property was 98 % leased at closing. The seller was a pension plan advised by San Francisco-based Stockbridge Capital Group LLC. The complex is a 13-building complex plus club house and garages.

CHICAGO-The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Save-A-Lot property at 63rd and South Calumet Avenue in Chicago for $2.3 million. The 16,290 square foot building is fully leased to Save-A-Lot on a long term basis. Randy Blankstein and Jimmy Goodman with the Boulder Group represented the seller, a Chicago based developer. The purchaser was a private investor from New Jersey.

“Urban net leased properties in top tier metros remain in high demand for passive real estate investors” said Blankstein, president of Boulder Group. Jimmy Goodman, in the company, said in a statement that Save-A-Lot is one of the most aggressively expanding tenants and this transaction represents the demand for grocery tenanted properties.

PLAINFIELD, IN-Opus Development Corp. recently handled the sale of Airwest Building 9 at Plainfield Business Center at Airwest to Founders Fund I LLP for an undisclosed sum. The property is a 481,976-square-foot, multi-tenant industrial building, just west of the Indianapolis International Airport. Completed in 2008, Airwest 9 is one of 13 buildings Opus has developed within the business park, encompassing six million square feet. The building is 100 percent leased by Brightpoint Inc. and Sara Lee Corp. Opus owns additional land within the park to accommodate future development opportunities.  Dave Watson, VP of acquisitions of Founders Properties LLC represented the purchaser in this direct transaction.

MICHIGAN CITY, IN-HSA PrimeCare has been selected by Franciscan St. Anthony Health-Michigan City to plan and develop a 19,593-square-foot cancer treatment center on the hospital’s outpatient campus here. The single-story outpatient facility will include a radiation oncology center with a linear accelerator and PET/CT scan, an infusion center, and offices for oncologists. HSA PrimeCare will develop, own and manage the cancer center.

AITKIN, MN-Groundbreaking ceremonies for the expansion and renovation of Riverwood Healthcare Center’s hospital in Aitkin were recently held. The three-phase project will add 14 hospital patient rooms with a conversion to 25 single-patient rooms upon completion and will include new labor and delivery, as well as intensive care units. Other highlights include the addition of five infusion bays for the administration of chemotherapy and other medication therapies; and a new support services addition that will house medical records, human resources and others, bringing all Riverwood employees in Aitkin into one location. Kraus-Anderson Construction Co. is handling the $21 million project, estimated to reach completion in May 2012.

SHELBY TOWNSHIP, MI-Mid-America Real Estate-Michigan Inc. recently announced a 1,605 square foot lease in the Shops at Shelby at 45153 Market St. here. Adam Goodman and Gabe Schuchman represented the tenant, Achatz Handmade Pie Co. in this transaction.

LANSING, MI-Centro Properties Group recently announced a 22,950-square-foot Planet Fitness recently opened at Delta Center, located north of Interstate 496 and east of Interstate 96/69, on the southwest corner of West Saginaw Highway and Mall Drive, directly across from Lansing Mall. Sean O’Brien with CBRE represented Planet Fitness. Centro Properties Group is the owner of Delta Center and was represented by Robert Saggese.

CLAYTON, MO-RiverVest Venture Management LLC extended their lease of 6,539 square feet of office for 39 months at Pierre Laclede Center II in Clayton with KBSII Pierre Laclede Center LLC. Robert A. Busch with Gundaker Commercial Group Inc. represented the tenant in this transaction. Jeff Kaiser and Mark Palmer with CB Richard Ellis represented the landlord.