ALEDO — Marcus & Millichap has brokered the sale of 118 Marble and 106 Bear Cat, two industrial facilities located in Aledo. The Marble property is a 10,000-square-foot facility that was 88 percent leased at the the time of the sale. The Bear Cat facility is a 14,323-square-foot property and was fully occupied at the time of the sale. Philip Levy of Marcus & Millichap's Fort Worth office represented the seller, a private investor, in the transactions and procured the buyer, a limited liability company.
RENTON, WASH. — Jones Lang LaSalle has closed a sale-leaseback for a 131,860-square-foot, Class B industrial/manufacturing building in Renton. Terms of the sale and leaseback were not disclosed. The property was sold to DCT Industrial from HGK Renton Property LLC. The facility is fully leased to Allpak Trojan. Chris Spofford of JLL’s Seattle office advised Allpak Trojan on the sale-leaseback.
OXNARD, CALIF. — Accurate Metal Fabricators has signed a five-year lease for a 94,000-square-foot manufacturing building in Oxnard. The building, which is located at 1400 Statham Parkway, also includes 10,000 square feet of office space. The custom fabrication company was represented by Paul Farry of CBRE’s Ventura, Calif., office and Dave Desper of the firm’s Newport Beach, Calif., office. The building’s landlord, Pacific Prime Properties, was represented by George Eales, Mitch Conlee and Mike Walsh of Daum Commercial.
DORAL, FLA. — C-III Realty Services has sold two industrial properties in Doral in separate transactions for a total of $5.87 million. The company had foreclosed on the properties earlier this year. Sky Mart Investments purchased a 30,000-square-foot warehouse, located at 9475 NW 13th St., for $2.2 million. Miami-based K.G. International acquired a 44,100-square-foot warehouse, located at 9800 NW 17th St., for $3.67 million. Steven Medwin, Nick Wigoda and Harry E. Wardell of Jones Lang LaSalle's Miami office represented the seller in the transactions. Hallandale, Fla.-based Capital Commercial represented Sky Mart Investments and Franklin Street Realty represented K.G. International.
DORAL, FLA. — Four tenants have signed leases totaling 106,000 square feet at Beacon Centre, located at NW 25th Street and NW 84th Avenue in Doral. Lifeline Pharmaceuticals leased 21,000 square feet and was represented by Kathy Zerbone of Doral-based Easton & Associates. Codotrans leased 42,000 square feet and was represented by Devin White of CBRE's Miami office. Worldpac signed a long-term renewal for 28,000 square feet and was represented by Brian Smith of Cushman & Wakefield's Miami office. BR-1 signed a 15,000-square-foot renewal and was represented by Gabe Menocal of Miami-based NAI Miami. Thomas Kresse, Walter Byrd and Ben Eisenberg of Transwestern's Miami office represented the landlord, RREEF, in all four lease transactions.
MILWAUKEE, WIS. — Jonco Properties LLC has purchased a 23,100-square-foot industrial property, located at 5800 W. Douglas Ave. in Milwaukee, Wis. from Colt Family Partnership. Anthony Huenerbein, Dave Hazenfield, Samuel Dickman, Jr. and Samuel Dickman of The Dickman Co. Inc. brokered the transaction.
BOSTON — NAI Hunneman has brokered a 17,901-square-foot industrial lease at 45 Sixth Rd. in Woburn, Mass. David Gilkie of NAI Hunneman's Boston office represented the landlord, Woburn Group LLC. James Stubblebine of The Stubblebine Co. represented the tenant, Barbour Stockwell Inc.
RICHMOND, CALIF. – Home furnishings company Serena & Lily has leased 54,896 square feet of warehouse and manufacturing space at Pinole Point Business Park in Richmond. The tenant was represented by Brian Barden of Lee & Associates’ Oakland, Calif., office and Brian Foster of Cassidy Turley BT Commercial. Pinole Point’s landlord, Industrial Income Trust, was represented by Greig Lagomarsino and Todd Severson with Colliers International’s Oakland office.
ELGIN, ILL. — Milwaukee-based Zilber Property Group has purchased a 125,990-square-foot industrial building, located at 1331 Davis Rd. in Elgin, Ill. for an undisclosed amount. Tenants include Seigle Cabinet Center and Bucher Hydraulics. Ken Franzese and John Cassidy of Lee & Associates represented the seller. Adam Marshall of NAI Hiffman represented the buyer and Bucher Hydraulics.
PERTH AMBOY, N.J. — Bunzl Northwest, a national distributor of outsourced food, cleaning and safety products, has signed a seven-year, 132,410-square foot lease at Perth Amboy Business Park in Perth Amboy, N.J. The industrial complex is owned by Matrix Development Group and Morgan Stanley. Bunzl Northwest was represented by Cassidy Turley's Jonathan Tesser and Mark Sonnenberg.