PEMBROKE PINES, FLA. — Miller Construction has broken ground on a six-story, 427,856-square-foot collision center and inventory garage in Broward County for Holman Automotive that will be occupied by franchisee BMW of Pembroke Pines. Immediately west of the Pembroke Pines dealership, the complex will serve as an automotive repair shop and an extension of the BMW showroom. Fort Lauderdale-based FSMY Architects and Planners designed the precast concrete structure, which will feature compressed air systems, car lifts, paint booths, alignment pits, a car wash and a show floor. Floors two through six will provide parking for the dealership’s inventory. Project team members include engineering firms Oakland Park, Fla.-based Winningham & Fradley (civil), Fort Lauderdale-based Bryntesen Structural Engineers (structural) and Deerfield Beach-based FAE Consulting (MEP). Completion is scheduled for fourth quarter 2020.
TEJON RANCH, CALIF. — Dallas-based Covington Group has purchased a 606,000-square-foot warehouse distribution facility. The property is located within the Tejon Ranch Commerce Center in the 1,450-acre master-planned commercial and industrial development located at the junction of Interstate 5 and Highway 99 in Kern County, Calif. The development is approximately an hour north of the Los Angeles basin. A joint venture between Tejon Ranch Co. and Rockefeller Group sold the asset for an undisclosed price. Dollar General has occupied the warehouse facility since 2012. Other tenants at Tejon Ranch Commerce Center include IKEA, Famous Footwear, L’Oréal USA and Caterpillar. The master-planned area is entitled to more than 20 million square feet of commercial and industrial space, with approximately 6 million square feet already in development and 14 million square feet of entitled space still available.
SILVERDALE, WASH. — Marcus & Millichap has arranged the sale of Affordable Self Storage, a self-storage facility in Silverdale. A limited liability company sold the property to a Washington-based limited liability company for $4.3 million, or $143 per rentable square foot. Located on 7979 Provost Road NW on 1.3 acres, Affordable Self Storage features 30,325 square feet of self-storage space. Christopher Secreto of Marcus & Millichap represented the seller and secured the buyer in the deal.
FORT WORTH, TEXAS — Dallas-based brokerage firm Holt Lunsford Commercial has negotiated a 217,537-square-foot industrial lease at Everman Trade Center, a four-building development located near Interstates 20 and 35 in Fort Worth. Everman Trade Center features 24- to 32-foot clear heights, 621 car parking spaces and ESFR sprinkler systems. Matt Carthey and Thomas Grafton with Holt Lunsford Commercial represented the landlord, Everman Trade Center LP. Jamie Galati and Sky Groden with JLL represented the tenant.
OKLAHOMA CITY — Arkansas-based Plunkett Distributing has signed a 32,978-square-foot industrial lease at 4001 Will Rogers Parkway in Oklahoma City. Jason Hammock, John Lenochan, Caitlin Mazaheri and Alex Powell of CBRE represented the landlord, Ted R. Davis LLC, in the lease negotiations. The representative of the tenant was not disclosed.
LEVITTOWN, PA. — NAI Mertz has secured a 67,000-square-foot office lease for mobile phone accessory manufacturer Ondigo Electronics in Levittown, a southwestern suburb of Trenton. The property is situated within Bristol Industrial Park, which is located at 37 Runway Road and was completed in 1999. Jeff Licht and Adam Lashner of NAI Mertz represented Ondigo in the lease negotiations. The team also represented the landlord, F. Greek Bristol Properties.
SHOREWOOD, ILL. — DSC Logistics has leased 375,000 square feet of industrial space at Heartland Corporate Center in Shorewood near the I-55 and I-80 interchange. The Des Plaines-based logistics company has already taken occupancy of 250,000 square feet to start processing inbound deliveries. Within the next six months, DSC will expand to the rest of its space. HSA Commercial Real Estate and Clarion Partners developed the 757,880-square-foot Heartland Corporate Center, located at 21530 SW Frontage Road. The distribution center features a clear height of 36 feet, 108 truck docks and 240 car parking spaces. David Bercu and Matthew Stauber of Colliers International represented HSA and Clarion in the lease transaction. Lynn Reich and Suzanne Serino of Colliers represented DSC.
DEARBORN, MICH. — SkyView Advisors has brokered the sale of a Metro Storage facility in Dearborn for an undisclosed price. The 96,148-square-foot self-storage facility sits on 3.2 acres at 6470 Wyoming Ave. Zack Urow and Ryan Clark of SkyView represented the seller. Buyer and seller information was not disclosed.
AZUSA, WILMINGTON AND GARDEN GROVE, CALIF. — Rexford Industrial Realty has purchased three industrial properties in Southern California for $56.1 million. The acquisitions were funded using cash on hand. The names of the sellers were not released. The company acquired a 4.2-acre land parcel at 415 S. Motor Ave. in Azusa for $7.2 million, or $39 per land square foot. Rexford plans to construct a 96,950-square-foot Class A industrial building on the site. The development will feature 32-foot clear heights, 14 dock doors, ESFR fire sprinklers and modern office space. Additionally, the company purchased a 57,522-square-foot building located at 508 East E St. in Wilmington for $14.9 million, or $259 per square foot. Situated on 3.45 acres, three tenants fully occupy the property. Rexford also acquired an industrial building located at 12752-12822 Monarch St. in Garden Grove for $34 million, or $130 per square foot. Situated on 11.1 acres, the 276,585-square-foot, four-tenant asset was 93 percent occupied at the time of sale. The company plans to reposition the property with functional and cosmetic improvements and replace a portion of the building with new improvements.
KANSAS CITY, MO. — Honeywell has signed a 275,000-square-foot industrial lease at the multi-building CenterPoint Intermodal Center in Kansas City. Honeywell joins tenant A4 at a 450,000-square-foot building located at 14901 Andrews Road. It is now fully leased. Joe Accurso and Whitney Kerr Jr. of Cushman & Wakefield represented owner and developer, CenterPoint Development, in the lease with Honeywell.