MEDLEY, FLA. — NAI Miami | Fort Lauderdale has brokered the $6.6 million sale of a 2.6-acre industrial site located at 7501 N.W. 72nd Ave. in Medley, about 14 miles northwest of Miami. Locally based Tekton Construction Corp. purchased the site from the seller, an entity doing business as 7501 Medley Civil LLC. Larry Gautier and Michael Holmquist of NAI Miami | Fort Lauderdale represented the seller in the transaction. The site, which features an existing facility, fronts Milam Dairy Road (State Route 969) and provides convenient access to U.S. Highway 27. Future plans for the site were not released.
FORT WORTH, TEXAS — Local brokerage firm LanCarte Commercial has negotiated a 24,000-square-foot industrial lease in West Fort Worth. The tenant was not disclosed. The space is located across two newly constructed buildings within Wilks Development’s 200-acre Markum Business Park. Sarah LanCarte and Finn Wilson of LanCarte Commercial represented the landlord in the lease negotiations.
MIDDLEBOROUGH, MASS. — INDUS, a locally based roadway rehabilitation and pavement preservation contractor, will open a 75,000-square-foot headquarters facility in Middleborough, located south of Boston. INDUS purchased a parcel within The Campus at Canopy Drive, an approximately 700,000-square-foot development owned by VMD Cos., earlier this year for $11.6 million. Design work is underway on the facility, which will include 7 acres of outdoor storage space and will also function as a consolidated hub of field operations, bringing 20 permanent new jobs to Middleborough. CBRE is the leasing agent for The Campus at Canopy Drive.
WRENTHAM, MASS. — Fairbanks Morse Defense, a provider of maritime engineering and manufacturing solutions, has signed a 71,350-square-foot industrial lease in Wrentham, located along the Massachusetts-Rhode Island border. The space is located within the 176,800-square-foot building at 315 Green St., which features a clear height of 32 feet. Kelly Sullivan and Rachel Igoe of Cushman & Wakefield represented the tenant, which plans to take occupancy in the fourth quarter, in the lease negotiations. Ellison Patten and James Tambone of Lincoln Property Co. internally represented the landlord, which developed the building in partnership with real estate private equity firm Stockbridge.
LANSING, ILL. — Lee & Associates of Illinois has brokered the sale of a 455,858-square-foot warehouse located at 16801 Exchange Ave. in Lansing, a south suburb of Chicago. Walter Murphy of Lee & Associates represented the buyer, RBT Industries (The Great Escape), a retailer of home leisure products. RBT will occupy 313,982 square feet of the building while the remainder will be leased to LKQ Corp. Stephanie Park, Colin Green and Traci Payette of CBRE represented the seller, Plymouth Industrial REIT Inc.
HAMPSHIRE, ILL. — Principle Construction Corp. has completed a warehouse renovation for POLI FILM America Inc. at One Elgiloy Drive in Hampshire, a far northwest suburb of Chicago. The project provides the protective plastic film manufacturer with a streamlined, rectangular floor plan designed to optimize high-volume manufacturing operations. The centerpiece of the project involved relocating 12 precast concrete panels from an existing 133-foot wall. By moving these panels and integrating new ones, Principle enclosed the inner section of a previously L-shaped warehouse, converting it into a contiguous space. Principle also expanded the west side dock apron and added two new dock positions in the existing warehouse space. The addition of 38,956 square feet to the manufacturing facility included a new entry door and a drive-in door, a gas-fired make-up air unit, ballasted roof and lighting. Principle also installed an infiltration pit for increased stormwater management capacity. Harris Architects was the architect.
TOLLESON, ARIZ. — Phoenix-based Martens Development has sold Park 91, a two-building industrial complex in Tolleson, part of the Phoenix metro area. AEW Capital Management sold the property on behalf of a separate account client for an undisclosed price. The facility was designed to accommodate a range of occupiers through modern specifications, adaptable layouts and high-capacity infrastructure that support logistics, distribution, light manufacturing and service-oriented operations. Will Strong, Michael Matchett, Molly Miller, Jack Stamets and Madeline Warren of Cushman & Wakefield represented both parties in the transaction. Cushman & Wakefield’s Gary Anderson and Nik Vallens provided leasing advisory services for the asset.
LUBBOCK, TEXAS — Self-storage brokerage firm Versal has negotiated the sale of All American Storage, a 464-unit facility located in the West Texas city of Lubbock. The facility spans 54,453 net rentable square feet. Bill Bellomy, Michael Johnson, Logan Foster, Hugh Horne and Kirk Silas of Versal represented the Waco-based seller in the transaction and procured the South Florida-based buyer. Both parties were limited liability companies. The sales price was also not disclosed.
SAN ANTONIO — Andover Properties has acquired Rail Drive Commerce Center, a 134,500-square-foot industrial flex building in northeast San Antonio. Completed in April and acquired by Andover in May, Rail Drive Commerce Center offers small-bay and flex spaces that are configured as move-in ready suites and feature 25-foot clear heights. Andover has tapped Cushman & Wakefield as the property’s leasing agent. The seller and sales price were not disclosed.
MCDONOUGH, GA. — Highline Warren, a distributor of cleaners and other fluids for the automotive and industrial sectors, has announced plans to invest $170 million in a new logistics hub in metro Atlanta. The Memphis-based company will build-out and occupy the former Zinus building, a 1.1 million-square-foot distribution center located at 830 Highway 42 S in McDonough. Highline Warren plans to begin operations at the facility by the end of the year and create 160 new jobs in the area. Civic partners involved in Highline Warren’s site selection include the Metro Atlanta Chamber, the City of McDonough, Georgia Department of Economic Development, the Henry County Development Authority and Georgia EMC. According to the company’s website, Highline Warren has more than 1,700 employees and operates 12 distribution centers and nine manufacturing plants.