DORAVILLE, GA. — NAI Brannen Goddard has arranged the $13.7 million sale of North Park, a 181,799-square-foot portfolio comprising office, warehouse and showroom space in Doraville. The property is situated at 3591-3649 Clearview Parkway, along Interstate 285 and 16 miles northeast of downtown Atlanta. David Beak and Mark Sheffield of NAI Brannen Goddard represented the seller, New North Park LLC, in the transaction. An affiliate of Atlanta-based Mimms Enterprises acquired the property.
SAVANNAH, GA. — Medical suppliers are using the Port of Savannah to ship equipment to hospitals across the state and the Southeast. The Georgia Ports Authority (GPA) is collaborating with companies such as Drive Medical, which is a major supplier of beds, IV poles and other goods, to supply items needed at COVID-19 pop-up hospitals around the country. GPA is providing information such as vessel status, estimated time of arrival and container availability, as well as expedited container processing for cargo destined for COVID-19 hotspots such as New York, Detroit and New Orleans. With help from shipping lines and cargo owners, GPA can also identify containers, locate them on the vessel via U.S. Customs manifests and speed vessel discharge for specific containers. Most of the supplies are moving through the Garden City Terminal.
IRVING, TEXAS — CBRE has negotiated a 585,910-square-foot industrial lease at 2650 Rental Car Drive in Irving. According to LoopNet Inc., construction of the 710,000-square-foot property was completed this year, and building features include 36-foot clear heights, 126 loading docks, 236 car parking spaces and 68 trailer parking spaces. Steve Trese and Steve Koldyke of CBRE represented the landlord, an affiliate of Trammell Crow Co., in the lease negotiations. The representative of the tenant, Sealy Mattress, was not disclosed.
PLAINFIELD, IND. — American Residential Services (ARS) has signed a 20,439-square-foot industrial lease at Gateway Business Park in Plainfield near Indianapolis. The Memphis-based plumbing and HVAC company will occupy the space at 853 Columbia Road. The 104,400-square-foot building, developed in 2004, was the first phase of HSA Commercial Real Estate’s Gateway Business Park. The 55-acre park now includes six buildings totaling about 900,000 square feet. Terry Busch and Jared Scaringe of CBRE, along with Christine Muszynski of HSA, represented ownership in the lease transaction.
COLUMBIA, MD. — KLNB has arranged the $14.5 million sale of Mike’s Train House, a 123,000-square-foot warehouse in Columbia. The property is situated at 7020 Columbia Gateway Drive within the Columbia Gateway Business Park. Mike’s Train House is the only distribution center within the park. The building offers 20-foot clear heights and the option to add more loading doors. Chris Kubler and Don Schline of KLNB represented the seller, MPW Enterprises LLC, in the transaction. The buyer was not disclosed.
WAYNE, N.J. — A partnership between New Jersey-based developer Endurance Real Estate Group LLC and California-based Pacific Coast Capital Partners LLC (PCCP) has acquired the Southern New Jersey core infill portfolio for $43 million. The warehousing and distribution portfolio includes seven buildings across Swedesboro, Delran and Mount Laurel totaling 553,548 square feet. At the time of sale, the portfolio was 88 percent leased to 22 tenants, including Food Sciences Inc., Carnegie Pharmaceuticals LLC and The Jewelry Group. Scott Mertz of NAI Mertz represented the buyer in the transaction. Michael Hines and Brad Ruppel led a CBRE team that represented the undisclosed seller.
DALLAS — Conor Commercial Real Estate has broken ground on Skyline Commerce Center, a 198,000-square-foot industrial project located about seven miles from downtown Dallas. The property will feature frontage along Interstate 30 and will consist of a 135,000-square-foot building and a 62,000-square-foot building. Completion is scheduled for the fourth quarter. Stream Realty Partners is handling leasing of the project. Conor Commercial is the development and investment arm of The McShane Cos., headquarters in suburban Chicago.
WORTHINGTON, MINN. — In response to the COVID-19 pandemic, JBS USA has indefinitely closed its pork production facility in Worthington in Southwest Minnesota. The facility employs more than 2,000 workers and processes 20,000 hogs per day. JBS will wind down operations over the next two days with a diminished staff in order to ensure existing product in the facility can be used to support the food supply. The company will advise its Worthington team members to follow Gov. Tim Walz’s stay-at-home order until returning to work. JBS will continue to pay its team members during the plant closure. JBS operates more than 60 meat, poultry and prepared foods facilities across the country. As of Monday, April 20, there were 2,470 confirmed cases of COVID-19 and 143 deaths in Minnesota, according to the Minnesota Department of Health.
ROMEOVILLE, ILL. — Flint Group has renewed its 31,000-square-foot industrial lease at 1225 Lakeside Drive in Romeoville. Flint Group is a worldwide supplier to the printing and packaging industry. It operates more than 140 facilities and employs approximately 6,800 workers. Corey Chase of Newmark Knight Frank represented Flint in the lease transaction. George Cibula of Darwin Realty/CORFAC International represented ownership. As part of the new lease, a tenant improvement package will enable Flint to update its space.
SAN MARCOS, CALIF. — Stos Partners has acquired an industrial and cold storage facility located at 505 S. Pacific St. in San Marcos. Markstein Beverage Co., a beer distributor, sold the asset for $18.9 million in an off-market transaction. Stos Partners plans to implement a series of renovations and capital improvements to the 113,500-square-foot property, which is currently vacant, and repurpose it as a last-mile distribution center. Situated on 10 acres, the facility features 20-foot to 27-foot clear heights, 7.19 acres of truck storage, UPS docks, a cold storage component and an on-site management building. Bob Willingham and Ronald King of Kidder Mathews represented the buyer and seller in the deal.