HOUSTON — Cushman & Wakefield has arranged the lease of 23,000 square feet at Northwest Place Industrial Park to Cameron International Corp. Jim Foreman and Beau Kaleel of Cushman & Wakefield represented owner Levey Group, a Houston-based commercial real estate company specializing in office-warehouse properties. Brandi McDonald of Newmark Real Estate represented the tenant, a provider of flow equipment products, systems and services to the oil, gas and process industries.
PHOENIX — Baseline Interstate, a 136,683-square-foot industrial warehouse/office property in Phoenix, has sold to Dalfen America Corp. for $7.5 million. The buyer was doing business as Mazal TOV Realty, LPL. The property is located at 4707 E. Baseline Road. The building was vacant at the time of sale. Bob Buckley, Tracy Cartledge and Steve Lindley of Cassidy Turley’s Capital Markets Group represented Dalfen. The seller, Holualoa Companies, was represented by CBRE.
SANDSTON, VA. — CBRE | Richmond has brokered the $9 million sale of 5700 Audubon Drive, a 317,400-square-foot warehouse/distribution center in Sandston, about nine miles east of Richmond. Mazda used to occupy the property before a local manufacturing group purchased the property. The one-story, tilt-up concrete property is located on a 16-acre parcel near the Richmond International Airport. John Carpin and Matt Anderson of CBRE | Richmond represented the seller in the transaction.
ALLENDALE, N.J. — NorthMarq Capital has arranged $27.7 million in first mortgage refinancing for a flex portfolio in Allendale, located about 25 miles north of Newark. The properties total 368,556 square feet and are located at 1, 2, 3, 5, 6 & 7 Pearl Court and 59 Route 17. James Murphy, managing director at NorthMarq’s Boston regional office, arranged the five-year loan, which includes a 25-year amortization schedule. High Street Equity was the borrower, and a life insurance company provided the loan.
GRAND PRAIRIE — PGT Holdings Inc., a Philadelphia-based distributor of dog food and pet treats, has signed a lease in the Dallas/Fort Worth metro area for its newest distribution center. The company will occupy 54,125 square feet of the 129,400-square-foot warehouse at 907 Avenue R in Grand Prairie, about 13 miles west of downtown Dallas. Joe Santaularia and Brian Pafford of Bradford represented PGT in the negotiations, while Canon Shoults of Holt Lunsford Commercial represented landlord DFW I Investors LLC.
PHOENIX — Baseline Interstate, a 136,683-square-foot industrial warehouse/office property in Phoenix, has sold to Dalfen America Corp. for $7.5 million. The buyer was doing business as Mazal TOV Realty, LPL. The property is located at 4707 E. Baseline Road. The building was vacant at the time of sale. Bob Buckley, Tracy Cartledge and Steve Lindley of Cassidy Turley’s Capital Markets Group represented Dalfen. The seller, Holualoa Companies, was represented by CBRE.
INDIANAPOLIS —Transpacific Development Co. has acquired a 1.12 million-square-foot distribution building in Indianapolis’ Ameriplex Business Park. The purchase increases Transpacific’s footprint in the Indianapolis metro area to 4.6 million square feet. John Huguenard and Chris Clayton of Jones Lang LaSalle represented the buyer in the transaction, while seller Metro Holdings One LLC represented itself.
FORT WORTH — Commercial real estate services firm Lee & Associates has arranged the lease of 130,095 square feet of industrial space for Dollamur Sport Surfaces, a manufacturer of athletic mats. The leased property is located at 1734 E El Paso Street in Fort Worth. Becky Thompson of Lee & Associates represented the tenant, while Ryan Wood of Conti Warehouses represented the landlord, Conti RSB LLC.
HOUSTON — NAI Houston and Boyd Commercial have arranged the lease of a 67,500-square-foot crane-served heavy manufacturing building in Houston’s Northeast Inner Loop industrial submarket to Global Tech & Motor Controls Inc. The electric motor and generator manufacturer primarily serves clients in the marine, offshore and land drilling industries. Clay Pritchett of NAI Houston and Clay Peeples of Boyd represented the landlord, 525 McCarty LLC, in the agreement, which was a direct deal with the tenant.
TAMPA, FLA. — Industrial Property Group has arranged the $5 million sale of 41 Industrial Center, three office/warehouse buildings totaling 196,636 square feet at 5100 Causeway Blvd. in Tampa. Jeff Lamm and Tom Gibbs of Industrial Property Group represented the seller, 41 Industrial Center LP, in the transaction.