COLTON, CALIF. — C.R. England has signed a 10-year lease for a 34.36-acre truck terminal property in Colton. The lease is valued at $14.5 million. The property is located at 2250 S. Riverside Ave. It is situated near Interstates 10 and 215, as well as Highway 60. Additional tenants in the area include Fed Ex, Cooper Lighting, Simpson Manufacturing, Exel Logistics, Bob Hubbard Transportation, Pro Build, Razor Scooters and Living Spaces.C.R. England, which is the largest temperature-controlled carrier in the world, will be expanding from its nearby Mira Loma location. The carrier was represented by Jeff Smith and Ryan Lal of Lee & Associates’ Ontario office. The landlord is Heitman Financial.
FLORENCE, KY. — Air cargo carrier company Southern Air opened its new headquarters in Florence near the Cincinnati/Northern Kentucky International Airport, which is expected to create up to 150 jobs. The company carries freight for international freight giant DHL in the project. The Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $2.7 million through the Kentucky Business Investment program.
BIRMINGHAM, ALA. — Saddle Creek Logistics Services has opened a new, 225,000-square-foot industrial facility in Birmingham. The company moved its operations in Atlanta into the new rail-served, food-grade warehouse. Operations at the facility began in February. Ogden Deaton of Graham & Co. and Ladson Montgomery of Grubb & Ellis | Phoenix Realty Group brokered the deal.
EAGAN, MINN. — Chicago Tube & Iron in Eagan has awarded Opus Design Build LLC a contract to construct a 40,000-square-foot warehouse addition. The project is scheduled to break ground in May and be completed in the fall. As well as the expansion, Opus also will complete interior renovations, refinish the front entrance of the building and add a new canopy to reflect the exterior design of other Chicago Tube & Iron facilities. The property is located at 2940 Eagandale Blvd., about 15 miles south of Minneapolis. Opus AE Group LLC will be responsible for structural and architectural design. MFRA Inc. will perform civil engineering and landscaping and Hallberg Engineering will provide the mechanical and electrical design services.
COLTON, CALIF. — C.R. England has signed a 10-year lease for a 34.36-acre truck terminal property in Colton. The lease is valued at $14.5 million. The property is located at 2250 S. Riverside Ave. It is situated near Interstates 10 and 215, as well as Highway 60. Additional tenants in the area include Fed Ex, Cooper Lighting, Simpson Manufacturing, Exel Logistics, Bob Hubbard Transportation, Pro Build, Razor Scooters and Living Spaces. C.R. England, which is the largest temperature-controlled carrier in the world, will be expanding from its nearby Mira Loma location. The carrier was represented by Jeff Smith and Ryan Lal of Lee & Associates’ Ontario office. The landlord is Heitman Financial.
SOUTHBOROUGH, MASS. — Parsons Commercial Group Inc. has completed the sale of 179 Boston Road, a 6,000-square-foot industrial building in Southborough, for $775,000. The property is situated on three acres and is located about 28 miles west of Boston. Arlon Brown and Alex Berger of Parsons Commercial Group Inc. represented the seller, D’Auria Services LLC, in the transaction. TSL Realty LLC, a tree and landscaping company, purchased the property.
INDIANAPOLIS — Subaru of America has signed a build-to-suit agreement for a 715,000-square-foot distribution center. The new facility will be located in the Northwest Indianapolis submarket at Prologis Park Lebanon, proximate to major freeways and the Indianapolis International Airport. Thestate-of-the-art facility will be utilized as a regional parts distributioncenter. Subaru of America signed the build-to-suit agreement with Prologis Inc.
STRATFORD, CONN. — Seaboard Industries Inc. has signed a lease for 32,000 square feet for a pool and spa supply warehouse, located at 100A Benton St. in Stratford. Jon Angel of President Angel Commercial LLC represented the tenant in their search and in the lease negotiations. Rob Shawah of Baldwin Pearson represented the landlord, Ernest Trefz. The family-run business wholesales a variety of chemicals equipments and parts for the pool and spa industry.
SAN DIEGO — An 18,695-square-foot industrial building in the San Diego submarket of El Cajon has sold to GTF Properties for $2.8 million. The building is located at 310 N. Johnson Ave. GTF was represented by Tucker Hohenstein, Mike Erwin, Victor Krebs and Rob Morgan of Colliers International. The seller, Coneen Family Trust, was represented by Mark Silverman and Jason Smithson of NAI San Diego.
SAN DIEGO — An 18,695-square-foot industrial building in the San Diego submarket of El Cajon has sold to GTF Properties for $2.8 million. The building is located at 310 N. Johnson Ave. GTF was represented by Tucker Hohenstein, Mike Erwin, Victor Krebs and Rob Morgan of Colliers International. The seller, Coneen Family Trust, was represented by Mark Silverman and Jason Smithson of NAI San Diego.