WARNER, N.H. — CBRE/New England has brokered the sale of an industrial facility located at 780 Route 103 West in Warner. Milton CAT sold the 49,880-square-foot property to CS Properties for an undisclosed price. Built in 1988, the facility features a 35,500-square-foot service shop with 6,380 square feet of air-conditioned office space and a separate 9,100-square-foot warehouse with eight drive-in doors. Chris Healey of CBRE/NE represented the seller and procured the buyer in the deal.
BUDA, TEXAS — REOC Austin has arranged the acquisition of a manufacturing facility located at 150 Precision Drive in Buda. Heaven Hill Brands, dba Deep Eddy Vodka, purchased the 194,574-square-foot facility from Lone Star CCC for an undisclosed price. The new property is the second location for the Austin-based spirits company. Mark Milstead of REOC Austin represented the buyer, while Greg Marberry of CBRE represented the seller in the deal.
DALLAS — NAI Robert Lynn has arranged the sale of an industrial property located at 119 Regal Row in Dallas. Allied Interiors acquired the 233,000-square-foot warehouse facility for an undisclosed sum. Robert Blankinship and Matt Elliott of NAI Robert Lynn handled the transaction. The name of the seller was not released.
CHICAGO — A joint venture between Bridge Development Partners LLC and Akard Street Partners has sold three industrial facilities in the Chicago area totaling 539,440 square feet for $64.3 million. The properties include 2475 Touhy Ave. in Elk Grove Village; 4800 S. Vernon Ave. in McCook; and 8401 W. 47th St. in McCook. The properties averaged 92 percent occupancy at the time of sale. The buyer was not disclosed. Steve Disse and Jeff Devine of Colliers International represented the seller.
OVERLAND, MO. — Operation Food Search has moved to its new headquarters in Overland, about 15 miles northwest of St. Louis. The 67,000-square-foot building is located at 1644 Lotsie Blvd and will serve as the hunger relief organization’s food distribution center. The property was formerly a window factory that had been vacant for years. OFS purchased the building for $2.3 million and invested an additional $2.5 million in renovations. A fundraising campaign began in January of this year. PARIC Corp. served as the project’s general contractor, and M + H Architects was the building’s architectural firm. OFS was previously located in a 25,000-square-foot building at 6282 Olive Blvd in University City.
AUSTELL, GA. — A joint venture between Seefried Industrial Properties and Cabot Properties has closed on its purchase of 27.5 acres of land at Cobb West Business Park in Austell for the development of a new 281,000-square-foot spec industrial facility. NAI Brannen Goddard represented the seller, Jadow Realty Co., in the land sale. Seefried-Cabot has selected Mike Chambers, Jack Haden and Brad Pope of NAI Brannen Goddard to market the property for lease. The joint venture plans to deliver the facility in the third quarter of 2017.
HIALEAH GARDENS, FLA. — Bridge Development Partners LLC has selected Premier Design + Build LLC to construct a 255,846-square-foot distribution center in Hialeah Gardens, a suburb of Miami. Premier plans to break ground on the asset as early as first-quarter 2017. Situated near the Turnpike, U.S. 27, State Route 826 and I-75, the new distribution facility will feature 32-foot clear heights, 75 truck dock positions, an ESFR sprinkler system and 252 parking spaces. Wayne Ramoski and Gian Rodriguez of Cushman & Wakefield are leasing the facility on behalf of Bridge Development. Other key members of the design team include architect RLC Architects and civil engineer Thomas Engineering Group.
SHEFFIELD LAKE, OHIO — SkyView Advisors has arranged the sale of Lake Road Self Storage in Sheffield Lake, about 25 miles west of Cleveland. The 57,000-square-foot facility includes 418 non-climate controlled units. The property sits on 8.6 acres at 5360 Lake Road. Public Storage was the buyer. Ryan Clark of SkyView Advisors led the transaction.
ENNIS, TEXAS — Stream Realty Partners has brokered the sale of an industrial facility located at 601 National Drive in Ennis. LSREF4 Dual LLC sold the 315,000-square-foot property for an undisclosed sum. Built in 2007, the property is fully leased to Cenveo Corp., a manufacturer of commercial printing, custom packaging, envelopes and labels. Jamie Jennings, James Mantzuranis, Caitlin Clinton and Cannon Green of Stream Realty Partners represented the seller. The name of the buyer was not released.
GRAND PRAIRIE, TEXAS — Port Logistics Realty has broken ground on a speculative warehouse facility in Great Southwest Industrial Park in Grand Prairie. Offering access to I-30 and Texas State Highways 183 and 360, the 83,125-square-foot industrial property is slated for completion in the second quarter of 2017.
