REBusinessOnline

InterFace Brokerage Panel: Phoenix Industrial ‘Moving Up the Food Chain’

More than 150 attendees turned out for the InterFace Phoenix Industrial conference and networking event on Wednesday, September 12, which featured three panel discussions. The brokerage panel, moderated by Rob Martensen, executive vice president with Colliers International, featured a lively discussion about activity in local submarkets and a recap of the reasons Phoenix is winning deals over Southern California and Nevada. Industrial Activity in Arizona [caption id="attachment_212830" …

Skyview Advisors Negotiates Sale of 419-Unit Self-Storage Facility in New Hampshire

LONDONDERRY, N.H. —Skyview Advisors has negotiated the sale of Life Storage, a 419-unit self-storage facility in Londonderry. The sales price was undisclosed. Ryan Clark and Parker Sweet of SkyView Advisors represented the undisclosed seller. Located at 6 Smith Lane, Life Storage is situated on more than 5 acres and has a total of 50,466 net rentable square feet. The facility includes 246 climate-controlled units and 173 non-climate controlled

Colony Northstar Sells 78,787 SF Office/Warehouse Property in Denver for $7M

DENVER — Colony Northstar has completed the sale of an office/warehouse facility located at 1550 W. Evans Ave. in Denver. Calhoun Street Industrial and Matrix Group acquired the property for $7 million. Matrix Group will assume the leasing and management of the property. Situated within the West Evans Industrial Park, the 78,787-square-foot property was built in 1975 and was 93 percent leased at the time of sale. The asset features twin-t construction, 18-foot clear heights and a …

Avison Young Arranges 156,899 SF Industrial Lease with Medical Equipment Provider Near Charlotte

CONCORD, N.C. — Avison Young has arranged a 156,899-square-foot lease with Transtate Equipment Co. at 1040 Derita Road within Concord Airport Business Park, a 2.1 million-square-foot industrial park in Concord. Christopher Skibinski, Henry Lobb and Tom Tropeano of Avison Young negotiated the lease on behalf of the building owner, The Silverman Group. Lawrence Shaw and Justin Smith of Colliers International represented Transtate. The medical equipment provider is consolidating and expanding …

EagleBridge Capital Arranges $14M Permanent Financing for Industrial Facility Near Boston

WEST BRIDGEWATER, MASS. — EagleBridge Capital has arranged $14 million in permanent financing for One United Drive, a 315,000-square-foot industrial facility in West Bridgewater. The property is currently leased to Cheer Pack North America, a developer and manufacturer of packaging equipment for the food and beverage industry. Brian Sheehan and Ted Sidel of EagleBridge Capital arranged the financing on behalf of an undisclosed borrower through a Massachusetts-based financial institution. One …

Duke Realty Acquires 25.5-Acre Industrial Development Site in Irwindale, California

IRWINDALE, CALIF. — Duke Realty has purchased a 25.5-acre land parcel located at 13131 Los Angeles St. in Irwindale for an undisclosed amount. The site is zoned and entitled for heavy industrial users and can accommodate a variety of layouts, including a nearly 500,000-square-foot warehouse. Additionally, the property features Interstate 605 frontage. Darla Longo and Barbara Perrier of CBRE and Andy White of Colliers International represented the undisclosed private seller in the

Independence Corrugated Renews 120,000 SF Industrial Lease in Oak Creek, Wisconsin

OAK CREEK, WIS. — Independence Corrugated LLC has renewed its 120,000-square-foot industrial lease in Oak Creek, about 12 miles south of Milwaukee. The facility is located at 7475 S. 6th St. Steve Sewart of Colliers International brokered the lease transaction. The landlord was not disclosed. Independence Corrugated is a producer of corrugated paper

Cushman & Wakefield Negotiates 105,652 SF Headquarters Lease for Manufacturer in Broward County

CORAL SPRINGS, FLA. — Cushman & Wakefield has arranged a 105,642-square-foot industrial lease with Aldora Aluminum & Glass Products at 4520 Coral Ridge Drive in Coral Springs, a city in northern Broward County. Richard Etner Jr., Chris Metzger, Christopher Thomson and Matthew McAllister of Cushman & Wakefield negotiated the lease on behalf of the building owner, Exeter Property Group. MJ Ridenour of Coldwell Banker Commercial NRT represented Aldora. The manufacturer produces a …

CBRE Negotiates 188,000 SF Industrial Lease Renewal in El Paso Border Town

CIUDAD JUÁREZ, MEXICO — CBRE has negotiated an industrial lease renewal in Ciudad Juárez, Mexico, located directly across the border from El Paso. The tenant, CommScope, a North Carolina-based provider of communications infrastructure equipment, occupies 188,000 square feet of warehouse and distribution space. Anthony Mash of CBRE represented the tenant in the lease negotiations. The landlord, HSBC Mexico, was

MARS Properties Breaks Ground on 89,440 SF Distribution Center in Katy, Texas

KATY, TEXAS — MARS Properties LLC has broken ground on High Point West, an 89,440-square-foot distribution center in Katy, a western suburb of Houston. Situated on 7.2 acres, the property will feature 32-foot clear heights, as well as access to controlled truck courts and to the Interstate 10 corridor. CBRE will market the property, which is expected to be complete by spring

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