DALLAS — C1S Group will provide design-build services to restore a historic building in Dallas and renovate it for modern live concert audiences. Renovation of the Bomb Factory will be completed in March 2015 and will be the largest concert venue in the historic Deep Ellum district of Dallas. The 48,000-square-foot facility is located on Canton Street near downtown Dallas and is an early 20th century building that was originally an automotive plant. The Dallas-based professional engineering and construction firm will demolish several walls and other infrastructure that is in disrepair. The existing roof structure will be replaced to increase the height of the facility in order to accommodate stage equipment and a mezzanine level. C1S will also build a new stage, several bar areas and a new HVAC system. The renovated space will be able to house almost 3,000 people for concerts.
GREENSBORO, N.C. — McConnell Center Two LLC, a joint venture between Goria Properties and Richardson Properties, will soon begin construction on a new 300,000-square-foot speculative industrial building in McConnell Center Industrial Park. This will be the third speculative industrial property in the park, which is located off I-40 near McConnell Road in Greensboro. The joint venture has selected Triad Commercial Properties to lease the asset. General contractor Windsor Commercial is expected to complete shell construction in July 2015.
HOUSTON — NAI Houston has brokered the sale of a 45,000-square-foot industrial warehouse in Houston’s East End submarket. Ashley-Jordyn Properties LLC purchased the property located at 5633 Old Clinton Dr. Clay Pritchett of NAI Houston represented the buyer. Bill Locher and Wes Williamson of The Locher Group represented the seller, Amtech International Inc.
ADDISON, TEXAS — Lee & Associates has arranged the lease of a 74,031-square-foot industrial space located at 3799-3801 Arapaho Road in Addison. Nathan Denton, Adam Graham, Mark Graybill and Corbin Blount of Lee & Associates’ Dallas/Fort Worth office represented the landlord, Lighting Propco I. Michael Carmichael of Colliers International represented the tenant, Encore Payment Systems, a company specializing in payment processing solutions.
LOGAN TOWNSHIP, N.J. — Dermody Properties has started construction on a multi-tenant industrial facility at LogistiCenter Logan, its 7.4-million-square-foot industrial park in Logan Township. Located at 1110 Commerce Blvd., the facility will total 171,600 square feet. Upon completion, the facility will be fully operational and suited for e-commerce, food and beverage, and consumer product warehousing and distribution. The facility will feature 32-foot clear heights, 105 car parking spaces and 39 trailer parking spaces. Blue Rock Construction is serving as construction partner for the property, which is being marketed by Colliers International. Great Point Investors LLC is the strategic capital partner on the project. Construction is slated for completion this summer.
NEW YORK CITY — Kalmon Dolgin Affiliates has brokered the sale of two interconnecting warehouses at 33-33 and 33-35 11th St. on the border of Astoria and Long Island City in Queens. JPRG Holdings purchased the properties, which total 57,400 square feet, for $14 million. The property features 19-foot ceilings, frontage along three streets, multiple loading docks and heavy power. Additionally, there is 1,700 square feet of parking on the lot. Prior to the sale, the building was used as the main warehouse for Operative Cake, a baked goods wholesale business. Grant Dolgin and Dmitri Gourianov of Kalmon Dolgin Affiliates represented the seller in the transaction, 33-11 Associates Partnership and Jacobson Realty Corp. Hentze Dor Realty represented the buyer in the deal.
SPARKS, NEV. – Garlock Printing and Converting West has leased 65,088 square feet of distribution space at the Greg Street Industrial Park in Sparks. The space is located at 1450 E. Greg Street. The retail packaging service provider first opened a facility out West in Reno this past March. The company was represented by J. Michael Hoeck, Michael Nevis, Dave Simonsen and Steve Kucera of the NAI Alliance Industrial Properties Group. The landlord was not named.
TEMECULA, CALIF. – A 24,000-square-foot industrial building in Temecula has sold to Anderson Living Trust for $2.8 million. The building is located at 41973 Remington, within the Legacy Corporate Center. The space was built in 2006. It is triple-net leased to Daltile, a subsidiary of Mohawk Industries. The company manufactures, distributes and markets ceramic tile and natural stone products. The trust was represented by Joe Brady of Colliers International. The seller was Legacy Corporate Center.
SAN DIEGO – A 15,488-square-foot industrial building in the Miramar submarket of San Diego has sold to Empire Electrical Supply for $2.6 million. The building is located at 7150 Carroll Road. Empire will use the building for the storage and distribution of electrical supplies. It will also contain office space for contracting work. The seller, Charter Industrial Supply, was represented by Nick Price of Voit Real Estate Services’ San Diego office. The transaction was an owner-user exchange.
TUSTIN, CALIF. – A 16,986-square-foot industrial building in Tustin has sold to Subaru Research and Development for $3.3 million. The building is located at 14282 Chambers Road. Subaru was represented by CBRE. The seller, Shabani Investments LLC, was represented by Matt Durkin of Lee & Associates – Newport Beach.