SANTA CLARA, CALIF. — The Packard Humanities Institute has purchased a 49,500-square-foot industrial building in Santa Clara for $3,861,000. The non-profit foundation plans to occupy the entire building, which resides at 700 Nuttman Street. Scott Borgia with Cassidy Turley represented the seller, Laurel Industrial Park Associates, in this transaction.
WAUKEGAN, ILL. — LIT Industrial Limited Partnership has renewed a 26,040-square-foot lease at 3250 N. Oak Grove Ave., an industrial property in Waukegan, Ill. Keith Puritz, Ryan Bain, Brett Kroner and Zach Graham represented the landlord, Ecologic Industries, in the transaction. They also represented LIT Industrial in the deal.
UPPER MACUNGIE TOWNSHIP, PA. —SunOpta Food Inc. has signed a long-term lease for 101,250 square feet of industrial space at 7108 Daniels Dr. in Upper Macungie Township. The company plans to use the facility to produce a range of organic fruit-based consumer packaged products. Stephen Bonge and Timothy Brogan of Grubb & Ellis represented the landlord, J.G. Petrucci Co., in the transaction. Michael Treacy and Joshua Levin of Binswanger represented SunOpta.
NEWMARKET, N.H. — Hagan Design and Machine Inc. has leased 24,000 square feet of industrial space at 2 Forbes Rd. in Newmarket. David Choate of the Portsmouth office of Grubb & Ellis represented the tenant in the transaction. Brandt Atkins of New Hampshire Real Estate represented the landlord, NIP-Lot 6 LLC. Hagan is a full-service electrical discharge machining service center.
MCKINNEY — Segars McKinney has purchased a 70,200-square-foot industrial property, located at 1720 Bray Central in McKinney, from JPMorgan Chase. Holmes Davis of Binswanger's Dallas office represented the buyer in the transaction. Eric Deuillet and Bob Kent of Structure Commercial represented the seller.
ARLINGTON — Lee & Associates has arranged a 50,888-square-foot flex lease, located at 2300 E. Randol Mill Rd. in Arlington. Mark Graybill and Donnie Rohde of Lee & Associates Dallas/Fort Worth office represented the landlord, RREEF Asset Management, in the lease transaction. Ken Boyd with Dallas-based Jackson & Cooksey represented the tenant, Petmate.
CARTERSVILLE, GA. — Aquafil USA has signed a 234,031-square-foot warehouse/distribution lease, located at 101 Friction Dr. in Cartersville. Mike Powell of Atlanta-based NAI Brannen Goddard represented the tenant in the lease transaction. James Belcher and Brian Bird of Hart Corp.'s Marietta, Ga., office represented the landlord, Morse Automotive Corp.
TAMPA, FLA. — Wurth Wood Group has signed a 46,000-square-foot office/warehouse lease, located at 5100 W. Hanna Ave. in Tampa. Craig Capo and John Ayers of Tampa-based Industrial Property Group represented the tenant in the lease transaction. Rian Smith of Cushman & Wakefield's Tampa office represented the landlord, Hanna Warehouse Partners.
BOLINGBROOK, ILL. — Tyco Valves & Controls, a manufacturer and supplier of valves, actuators and controls, has leased 40,181 square feet of industrial space at 605 Territorial Dr. in Bolingbrook. Terry Grapenthin and Joshua Hearne of Cawley Chicago Commercial Real Estate represented the landlord, KTR Capital Partners, in the transaction. Keith Puritz of CBRE's Bannockburn, Ill. office represented Tyco in the deal.
MONTGOMERY, ILL. — Atlanta-based IDI has completed a 296,620-square-foot lease renewal with a third-party logistics provider at 2001 Baseline Rd. in Montgomery. The tenant, which entered the location in 2007, uses the industrial space for staging, light assembly and quality control of parts for the company's U.S. operations. Matthew Stauber of the Rosemont, Ill. office of Colliers International represented the tenant in the transaction. Jeff Lanaghan of IDI's Chicago office represented IDI in the deal.