WILMER, TEXAS — Interpoint Distribution Center, a 350,000-square-foot industrial property under construction in the Dallas suburb of Wilmer, is now available for lease. Situated on 24.3 acres near the crossing of Interstate 45 and Fulghum Road roughly 15 miles from downtown Dallas, the center will feature a 420-foot cross-dock configuration, 60-foot staging bays and 170 parking spaces. Colliers International will handle leasing of the building, construction of which is scheduled for..
WAUKESHA, WIS. — Kirby Built Products has signed a 116,176-square-foot industrial lease in Waukesha. The furniture maker will occupy the space at 901 Northview Road. Waukesha Northview LLC is the landlord of the building. Roger Siegel and TJ Huenerbein of the Dickman Co. Inc. brokered the transaction.
KANSAS CITY, MO. — Ready Capital Structured Finance has arranged a $13.3 million loan for the acquisition of an industrial portfolio in Kansas City. The portfolio includes Rivergate Center, a five-building, 238,976-square-foot industrial property located at 1500-1634 N. Topping Road, and Midtown Park, a four-building, 320,400-square-foot property consisting of two office/warehouse buildings and two distribution buildings. The fixed-rate loan features a 60-month term and will also be used for..
NORTHLAKE, ILL. — Bridge Development Partners LLC has completed the Phase I expansion of the freezer facility at Bridge Point Northlake, a 55-acre business park on the site of a former distribution facility for Dominick’s grocery chain in Northlake. Phase II of the expansion, a 61,469-square-foot build-to-suit for candy maker Fannie May, is currently underway. Located at 555 Northwest Ave., Phase I is now available for lease and features a 162,000-square-foot cooler facility and a..
EAST RUTHERFORD, N.J. — New Brunswick Development Corp. (Devco) has begun site preparation on the Ferren Mall Parking Deck for The Hub @ New Brunswick Station in East Rutherford. Devco expects site construction of the 1.7 million-square-foot mixed-use redevelopment project to begin in April. JLL is Devco’s marketing agent for The Hub, which will be located on four acres in downtown New Brunswick directly across from the New Brunswick train station. When completed, The Hub @ New Brunswick..
SECAUCUS, N.J. — CBRE’s Global Port Logistics Group has brokered three lease transactions at two separate industrial properties in Secaucus. In the first transaction, CBRE represented VER, a provider of audio, video, lighting, rigging and media services, in a 223,000-square-foot lease at 50 Meadowlands Parkway. The space is part of Harmon Cove Industrial Park. VER will operate in an office and showroom featuring 30-foot ceilings and ESFR sprinklers. The CBRE team that facilitated the..
PORTLAND, ORE. — Staples has leased 263,413 square feet of industrial space at Interstate Crossroads Distribution Center (ICDC) in Portland. The center is situated in the Portland’s Airport Way industrial submarket at 16441 N.E. Cameron Blvd. Interstate Crossroads LLC (a partnership between Specht affiliates and Pacific Coast Capital Partners LLC) developed the warehouse and distribution center in 2015. Specht Properties manages the asset. Staples will use the facility for the..
DENVER — Pet Scoop has leased a 10,000-square-foot of industrial space in Denver. The space is located at 1260 West Byers Place. Pet Scoop is the largest private dog waste contractor in the state. Nick Schill of Pinnacle Real Estate Advisors represented Pet Scoop in this transaction.
HOUSTON, TEXAS — NAI Partners has brokered the lease renewal of a 43,298-square-foot industrial warehouse located at 4310 Campbell Road in Houston. John Ferruzzo and Chris Kugle of NAI Partners represented the tenant, Mascorp Ltd., and Steve Hazel of Insite Realty represented the landlord, Cabot, in the leasing transaction.
Berkeley Partners Receives $22.5M Loan for Refinancing of 20-Building Industrial Portfolio in Atlanta MSA
NORCROSS, GA. — Berkeley Partners has received a $22.5 million loan for the refinancing of a five-property, 20-building industrial portfolio in Norcross. Totaling 605,274 square feet, the portfolio comprises six buildings in Gwinnett Gateway (1710 Wilwat Drive); three buildings in Gateway Business Park I (6500 McDonough Drive); five buildings in Gateway Business Park II (6000 Dawson Blvd.); and five buildings in Atlantic Business Center (6400 Atlantic Blvd.), all of which are located in..