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Financing totaling $3.5 million for a 54,000 sf office/industrial facility at 3110 Wood Creek Dr., Downers Grove, a western suburb of Chicago, was arranged by Baird & Warner Real Estate Capital LLC. The long-term, fixed rate mortgage was placed with PPM Worldwide, an exclusive correspondent of B&W.

The facility, which is 100% leased by Eaton Corp., was built in 1984 and underwent extensive renovation in 1991. The property consists of 27,500 sf of office space and 26,500 sf of engineer design area with 22-foot clear heights. Features include one drive-in door, one dock, parking for 161 cars, air conditioning throughout with roof mounted HVAC units and is fully sprinklered.

Another loan, totaling $1 million, was placed on a 53,100 sf industrial facility at 9362 W. Grand Ave., Franklin Park, just northwest of Chicago. The 10-year, fixed-rate mortgage was placed with Sun Life of Canada, another exclusive correspondent of B&W.

The building is 100% occupied by E. Kinast Distributors.The facility includes 18-foot ceiling height in the warehouse space, one enclosed/recessed dock with a high loading bay and two overhead doors, three grade level overhead doors, one dock with a high recessed door and parking for 28 cars.

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