BOSTON — Growing freight shipping and delivery services firm Skema Courier Inc., has leased 13,947 square feet of warehouse and office space at 370 McClellan Highway in East Boston. Richard McKinnon, director of brokerage services for The Grossman Cos. Inc., represented the owner, 370 McClellan Highway LLC, in the transaction. Steve Nohrden, vice president of Burgess Properties, represented the tenant. Skema relocated from its long-time Chelsea facility to take up residence at one of the closest air freight facilities to Boston’s Logan International Airport.
Industrial
CYPRESS, CALIF. — Stockbridge has purchased the Cypress Distribution Center, a 543,431-square-foot industrial project, for $60 million. The Class A center is located at 6550 Katella Ave. and 11130 Holder Street in the Orange County suburb of Cypress. The project contains two buildings that are separately parceled. Notable tenants include Empire Warehousing, ILAD, VF Outdoor, Inc. (Vans) and Integrated Alarm Services. CBRE’s Kevin Shannon, Darla Long and Barbara Emmons represented the seller, Colony Realty Partners, alongside Cushman & Wakefield’s Rick Ellison and Tom Sheets.
CAROL STREAM, ILL. — COM2 Computer Recycling Solutions has signed a 207,758-square-foot industrial lease at 500 Kehoe Blvd. in Carol Stream, located about 45 miles west of Chicago. The four-year lease expands COM2’s Carol Stream footprint and provides the company with space for continued growth.COM2, headquartered in Carol Stream, is a provider of comprehensive electronics recycling solutions that partners with customers and communities to reduce electronics waste. John Whitehead of NAI Hiffman represented COM2 in the transaction. John Cash, executive vice president, and David Haigh, vice president also with NAI Hiffman, represented the owner, 500 Kehoe LLC.
EAST HARTFORD, CONN. — New Boston Fund has sold 71 George Street, a 53,000-square-foot industrial and office facility located in East Hartford to Nixon Uniform Services.The building includes 8,000 square feet of office space and 45,000 square feet of 28-foot clear warehouse space. The building also features five loading docks, two drive-in doors and 51 parking spaces. Mark Duclos, president of Sentry Commercial, represented New Boston in the transaction. Christopher Metcalfe, first vice president at CBRE, represented the buyer.
EDISON, N.J. — Sitar Co. has arranged the sale of a 332,000-square-foot industrial building in Edison to 45 Brunswick Ave LLC for an undisclosed price. NJIND Brunswick, Avenue LLC previously owned the property, which is located at 45 Brunswick Ave. Built in 1974, the building features 25-foot ceilings and 34 loading positions and is situated on 14.8 acres. Tom Monte and Bill Sitar Jr. brokered the deal.
HOUSTON — Coldwell Banker Commercial United Realtors (CBCUR) has brokered the sale of a 57,719-square-foot industrial building in Houston. The single-story warehouse is located at 6501 Goforth St., in proximity to the interchange of I-610 and State Highway 288. Robert Bain of CBCUR represented the seller, the Stevens family, in the transaction.
MORRISVILLE, N.C. — Cushman & Wakefield | Thalhimer has brokered the sale of a 580,326-square-foot distribution facility located at 900 Aviation Industrial Center in Morrisville, near the Raleigh-Durham International Airport. Ares Management purchased the facility from Pearlmark Real Estate Partners for an undisclosed price. Chris Norvell and Scot Humphrey of Cushman & Wakefield | Thalhimer represented Pearlmark in the transaction. The property was 93 percent leased at the time of sale.
MILWAUKEE — The Dickman Co. Inc./CORFAC International has arranged the sale of a 37,663-square-foot industrial building located at 6500 W. Calumet Road in Milwaukee. Enterprise Realty Group LLC purchased the building from Anchor Bank fsb. Samuel M. Dickman, Jr. and Samuel D. Dickman of the Dickman Co. Inc. represented the buyer in the transaction. Andy Hess of Colliers International represented the seller.
SADDLEBROOK, N.J. — The Hampshire Cos. has acquired a 200,000-square-foot industrial building located at 301 Mayhill St. in Saddle Brook from Arrow Fastener Co. LLC. The property is located adjacent to the Conrail freight line and also includes additional land for development. Additionally, the building offers easy access to Routes 46 and 17, the New Jersey Turnpike and the Garden State Parkway. Tom Monahan of CBRE represented The Hampshire Cos. in the transaction.
FRISCO, TEXAS — Developer Warrior Creek Realty LLC has broken ground on the a new 190,540-square-foot headquarters in Frisco for Cornerstone Automation Systems LLC (CASI). Located at 10601 Clarence Drive, the property will include office and warehouse space for CASI, a manufacturer of distribution and pharmacy automation systems, as well as an additional 21,000 square feet of office space available for lease to another tenant through Hudson Peters Commercial. The chief tenant will relocate from an 86,000-square-foot space at 10351 Home Road, which is less than a mile away from the new facility.