FORT WORTH — Ecolab has signed a 101,500-square-foot industrial lease at 1801 Riverbend W. Dr. in Fort Worth. Richard Minker of CASE Commercial Real Estate Partners' Fort Worth office represented the landlord, Michael Milliorn, and Ken Boyd of Dallas-based Jackson Cooksey represented the tenant.
Industrial
ST. LOUIS — Trane USA Inc. has leased 67,848 square feet of industrial space at Trade Center V, located at 13899 Corporate Woods Trail in St. Louis. Vince Bajardi and Jake Corrigan of the Sansone Group's St. Louis office represented the owner in the transaction. Trane USA was self-represented.
SECAUCUS, N.J. — Holliday Fenoglio Fowler LP has arranged $6 million in financing for 501 and 601 Penhorn Ave., two industrial buildings totaling 100,000 square feet in Secaucus, N.J. Holliday Fenoglio Fowler worked on behalf of Bhasin Properties to secure the long-term, fixed-rate loan through Principal Real Estate Investors. Both properties are fully leased.
TOMS RIVER, N.J. —Strategic Storage Trust, a self-storage REIT, purchased a 630-unit self-storage property in Toms River, N.J. for $5.7 million. Located at 3200 Route 37 E., the facility consists of two three-story buildings. John Barry of Investment Real Estate LLC represented Strategic Storage Trust in the transaction.
SUGAR LAND — An investment partnership has purchased the 30,000-square-foot Voss Road Storage at 15492 Voss Rd. in Sugar Land. The undisclosed seller was represented by Neil Martin and Taylor Schmidt of the Finial Group, and the buyer was represented by Eric Smith and Peter Meyer of Self Storage Brokers of America.
BREA, CALIF. — SAME Investments LLC has purchased a 99,552-square-foot industrial warehouse in Brea. The company plans to operate its screen printing business at the facility, which is located at 333 Cliffwood Park Street. SAME was represented by Joseph Miller and Stan Kwak of Voit’s Anaheim office. CBRE’s Sean Ward, Ben Seybold and Shin Kim represented the seller, Kirkhill-TA Co.
SUNNYVALE, CALIF. — Asante Solutions has leased 28,322 square feet of R&D space at 352 Java Drive in Sunnyvale. The medical device company will be relocating in late November from the 11,846 square feet it currently occupies at nearby 1012 Stewart Drive. Asante was represented by Marne Michaels of Colliers International in this transaction.
FORT MYERS, FLA. — Chico's Retail Services has purchased a 33,000-square-foot industrial building, located at 10995 Metro Pkwy. in Fort Myers, from CDW 10995 Metro Parkway, LLC, for $2.5 million. Randal Mercer of CBRE's Fort Myers office represented the seller in the transaction, and Allan Fox of Commercial Property Management represented the buyer.
LYNDHURST, N.J. — Relevant Partners LLC, a New York-based experiential firm, has leased 22,000 square feet at Meadowlands Distribution Center, located at 1275 Valley Brook Ave. in Lyndhurst, N.J. Cushman & Wakefield's Stephen Elman and Robert Adams represented Relevant Partners in negotiating the long-term lease. Jeff Chaus of Chaus Realty was the broker for ProLogis, the property's owner. Relevant Partners will relocate its regional warehouse to the property from New Jersey this fall.
CITY OF INDUSTRY, CALIF. — A 96,888-square-foot industrial warehouse in the City of Industry has sold to Asia Direct for $8.24 million. The furniture importer plans to use the warehouse for its new headquarters, which is currently based in Commerce, Calif. Asia Direct was represented by Brian McLoughlin and David Fults of Voit’s Commerce office. The seller, Overton Moore Properties, was represented by Cushman & Wakefield.