LIVONIA, MICH. — Longacre LLC has purchased a 14,600-square-foot industrial building in Livonia, a Detroit suburb, for $435,000. Located at 11965 Brookfield, the facility was built in 1973 and remodeled in 2000. The building includes 1,800 square feet of office space. Tony Avendt of Grubb & Ellis represented the seller, First Industrial LP, in the transaction.
Industrial
BAYONNE, N.J. — RPM Warehouse has renewed its 304,000-square-foot industrial lease at 99 Hook Rd. in Bayonne, east of Newark. Situated on 20 acres, the property includes 50 exterior doors, reinforced concrete floors and secured parking. The owner, Avidan Management, was represented in-house by Josh Avidan in the transaction.
LEWISBURY, PA. — Fishing Creek Properties LP has purchased a 216,000-square-foot light manufacturing and assembly complex in Lewisbury, near Harrisburg, Pa., for $6 million. The 27.8-acre site is located at 505-509 Fishing Creek Rd and is fully leased. Jeff Algatt of Marcus & Millichap represented the seller, Flight Systems Inc., in the transaction.
ROANOKE — Colliers International has arranged a 603,050-square-foot lease for a warehouse facility, located at 300 Gateway Pkwy. in Roanoke. Lynn Reich and Allen Gump of Colliers represented the tenant, DSC Logistics, in the lease transaction. Eric Rutledge of Cushman & Wakefield represented the landlord, 300 Gateway Parkway LP.
CARROLLTON — Brook Furniture Rental has moved its metropolitan Dallas showroom to a 43,000-square-foot facility, located at 2100 Luna Rd., Ste. 100 in Carrollton. The new property is twice as big as the original location. Conrad Madsen of Lee & Associates represented the tenant in the multi-year lease transaction. The landlord, Billingsley Co., was self-represented by Carter Crow.
OCEANSIDE, CALIF. – The remaining 24 office/industrial/flex condos inside the Venture Commerce Center, a distressed, fractured condo project in Oceanside, have sold for $6.25 million. The center is located at 3600-3682 Ocean Ranch Blvd. The condos, which total 65,000 square feet, were sold to mostly owner-users, according to Todd Holley of Voit’s San Diego office. Holley represented the seller, LAMCO LLC, a subsidiary of Lehman Brothers Holdings, along with Voit’s Randy LaChance and Rusty Williams of Lee & Associates.
KENOSHA, WIS. — Great Lakes Warehousing has signed a lease for 31,200 square feet of industrial space at 4200 39th Ave. in Kenosha. Brett Deter and Scott Revolinski of RFP Commercial represented the landlord in the transaction. They also represented Great Lakes.
CARSON, CALIF. — 3PL Global has leased a 270,764-square-foot industrial building at 2211 E. Carson Street in Carson. The company plans to turn the new space into its corporate headquarters. Chris Jimenez of Feinberg Group represented 3PL Global in this transaction. The landlord, Prologis, was represented by Sam Foster and Barry Hill of Jones Lang LaSalle Los Angeles.
HAYWARD, CALIF. — Kortick Manufacturing has purchased a 142,372-square-foot industrial property in Hayward. The firm had been leasing 82,000 square feet in the multi-tenant facility, which is located at 2230-2242 Davis Court. Kortick will look to expand its occupancy in the future. Tom Damaschino and Sam Higgins with Cassidy Turley represented the now owner-user in this transaction.
CHARLOTTE, N.C. — LKQ Corp. has signed a 156,000-square-foot lease to occupy the former FedEx facility, located at 1001 Carrier Dr. in Charlotte. The facility will serve as the company's base operations for the Carolinas and will allow LKQ to increase product offerings to the Charlotte Metropolitan area while also expanding its team of employees to support its growth strategy. Bill Mowry of Prime Equities represented the tenant in the lease transaction. Lester Osborn of Piedmont Properties/CORFAC International represented the landlord, NATMI National Truck Terminals, in the transaction.