FRESNO, CALIF. — Marcus & Millichap has arranged the sale of A-American Self Storage in Fresno. A limited liability company acquired the asset for an undisclosed price. Situated on 4.8 acres at 2455 N. Marks Ave., the facility features 717 non-climate-controlled units, totaling 77,053 net rentable square feet. Brett Hatcher, Gabriel Coe and Jacob Becher of Marcus & Milichap represented the seller and buyer in the deal. Jim Markel, also of Marcus & Millichap, assisted in the transaction and was broker of record for the deal.
RHOME, TEXAS — Dallas-based design-build firm Arco/Murray has completed a 47,000-square-foot high hazard facility for aeronautics firm Socomore in Rhome, located north of Fort Worth. The facility includes H-2 hazardous material production space and 10,000 square feet of H-3 hazardous material production space. Explosion proof electrical fixtures and a foam fire protection system with in-rack sprinklers were used throughout.
ELMWOOD PARK, N.J. — NAI James Hanson has negotiated the sale of a 16,000-square-foot industrial building in Elmwood Park, a northwestern suburb of New York City. Located at 55-57 Bushes Lane, the single-story building features 15-foot clear heights and approximately 3,500 square feet of office space. Josh Levering and Nick DePaolera of NAI James Hanson represented the seller, RN Foster Associates LLC, in the transaction. Mission Realty represented the buyer, Bushes Lane Realty Corp. The sales price was undisclosed.
TOCCOA, GA. — Midcoast Properties Inc. has arranged the sale of AJ’s Self-Storage, a 210-unit property in Toccoa. The property features outdoor parking for cars and boats, lighting, fencing and 24-hour electronic gate access. The property is situated at 2700 Mize Road, 10 miles from the Georgia-South Carolina state border. Dale Eisenman and Michael Morrison of Midcoast Properties represented the undisclosed seller and procured the undisclosed buyer in the transaction.
ENGLEWOOD, COLO. — Englewood-based Gordon Development has sold an industrial asset located at 8644 S. Peoria St. in Englewood. Chicago-based Columbia Industrial Acquisition Co. purchased the property for $10 million. Built in 2017, the multi-tenant building features 63,550 square feet of Class A industrial space. At the time of sale, the property was fully occupied by a manufacturing tenant and Ninja Nation, a provider of obstacle course arenas and mobile course experiences. Tyler Carner, Jeremy Ballenger and Jim Bolt of CBRE’s Denver office represented the seller in the transaction.
SUGAR LAND, TEXAS — A joint venture between Transwestern Development Corp. (TDC) and Diamond Realty Investments have acquired 20.8 acres in the southwestern Houston suburb of Sugar Land for the development of a 326,792-square-foot warehouse/distribution project. Branded Sugar Land Crossroads, the project will consist of two buildings designed for tenants ranging from 28,000 square feet to the full capacity of 326,792 square feet. The buildings will offer 32-foot clear heights and share trailer parking spaces and a 255-foot truck court. Completion is slated for spring 2021.
GARLAND, TEXAS — Marcus & Millichap has brokered the sale of Jupiter Plaza, a 133,924-square-foot industrial property located in the northeastern Dallas suburb of Garland. The property was built on 10.5 acres in 1974. Adam Abushagur of Marcus & Millichap represented the seller and procured the buyer in the transaction. Both parties were private investors that requested anonymity.
LEWISVILLE, TEXAS — Locally based brokerage firm Holt Lunsford Commercial has negotiated a 16,610-square-foot industrial lease renewal at 405 State Highway 121 Bypass in the northern Dallas suburb of Lewisville. Andrew Gilbert of Holt Lunsford represented the landlord in the lease negotiations. Jeff Boykin of Boykin Partners represented the tenant, healthcare solutions provider Careview Communications.
OVERLAND PARK, KAN. — Storage Mart has opened a new self-storage facility at 12020 Glenwood St. in Overland Park. The property includes 873 climate-controlled units and 69 non-climate-controlled units as well as covered loading areas and multiple freight elevators. As with all StorageMart facilities, customers have access to 24/7 customer service and an online tenant portal. StorageMart is based in Columbia, Mo.
MILWAUKEE — Cushman & Wakefield | Boerke has brokered the sale of a 95,500-square-foot industrial building in Milwaukee for $4.8 million. The property is located at 11225 W. Heather Ave. Terry McMahon and Cody Ziegler of Cushman & Wakefield | Boerke represented the buyer, Rebel Converting. Brennan Investment Group was the seller. Rebel is a contract manufacturer of disinfectant wipes. The company began to look for a larger space well before coronavirus and demand for sanitizing wipes began dominating headlines. Rebel will relocate from its current space in Saukville once tenant improvements are completed. The move will nearly double Rebel’s footprint.