EULESS, TEXAS — Lee & Associates has negotiated a 48,627-square-foot industrial lease at DFW Airfield Logistics Center, an industrial facility located near DFW International Airport. Atlanta-based Seefried Industrial Properties originally developed the asset, which is located in the city of Euless. Becky Thompson and Tom Walrich of Lee & Associates represented the landlord, New York-based Clarion Partners, in the lease negotiations. Eddie Yoo of Landmark Realty Group represented the tenant, third-party logistics firm FNS Inc.
ROLLING MEADOWS, ILL. — Patients Choice Medical has signed a 10,186-square-foot industrial lease at 3601 Edison Place in Rolling Meadows, about 30 miles northwest of Chicago. Rick Anesi of Lee & Associates represented the owner, Otto Holdings. Tom Callahan of Chicagoland Commercial represented the tenant, which is a medical equipment supplier based in Arlington Heights that is expanding operations.
MESQUITE, TEXAS — Lee & Associates has arranged the sale of a 35,154-square-foot industrial building located at 2027 Presidential Row in the eastern Dallas suburb of Mesquite. An undisclosed owner-operator purchased the building, which was originally constructed in 1982. Taylor Stell and Brett Lewis of Lee & Associates brokered the deal.
COSTA MESA, CALIF. — Lee & Associates has arranged the sale of an office building located at 3545 Howard Way in Costa Mesa. Sovereign Lending Group acquired the property from Davies-Torrance Trust for $5.1 million. Built in 1986, the two-story building features 23,125 square feet of office space. The buyer intends to occupy the building. Allen Basso of Lee & Associates Irvine represented the buyer, while Eric Tse of Kidder Mathews represented the seller in the deal.
PLANO, TEXAS — Lee & Associates has negotiated a 21,255-square-foot industrial lease at 1701 Summit Ave. in Plano. According to LoopNet Inc., the property was built in 1986 and spans 63,706 square feet. Brett Lewis and George Tanghongs of Lee & Associates represented the landlord, Boston-based Cabot Properties, in the lease negotiations. Jimmy Pham of Concept Commercial Realty represented the tenant, AB Moving.
ATLANTA — Lee & Associates has arranged two industrial leases totaling 259,262 square feet in Atlanta. The property, situated at 4099 Old Dixie Highway, is situated two miles west of Hartsfield-Jackson Atlanta International Airport. The landlord, Meniscus Group, acquired the property in 2016 as a value-add purchase. The company completed renovations in 2019, which included installing a new roof and ESFR sprinklers. Mike Sutter and Billy Snowden of Lee & Associates represented the landlord in both lease transactions. Travis Stanaway of Kidder Matthews represented Yita LLC and John Gosnell of Foundry Commercial represented JW Fulfillment Inc. in their leases at 4099 Old Dixie Highway. Yita is a Seattle-based auto parts dealer and JW Fulfillment is a truck rental company.
PLANO, TEXAS — Lee & Associates has negotiated a 91,580-square-foot industrial lease at 901 Jupiter Road in Plano. According to LoopNet Inc., the property was built in 1979, renovated in 2000 and spans 143,819 square feet. George Tanghongs and Brett Lewis of Lee & Associates represented the landlord, Jupiter Star LLC, in the lease negotiations. Nathan Lawrence of CBRE represented the tenant, Telemar Network Technology Inc., a provider of infrastructure for the telecommunications industry.
ARLINGTON, TEXAS — Lee & Associates has negotiated a 41,830-square-foot industrial lease at 4100 New York Ave. in Arlington. According to LoopNet Inc., the property was built in 2018 and spans 110,468 square feet. Adam Graham and Mark Graybill of Lee & Associates represented the landlord, Boston-based Cabot Properties, in the lease negotiations. David Eseke and Gary Collett of Cushman & Wakefield represented the tenant, Wastequip Manufacturing Co., a Charlotte-based manufacturer of trash containers, compactors and other waste management equipment.
PORT ARTHUR, TEXAS — Lee & Associates has brokered the sale of a 26,503-square-foot industrial building located in Port Arthur, about 90 miles east of Houston. The property is situated on a 10.3-acre site about six miles from the Port of Port Arthur and features 18-foot clear heights and a 26 percent office finish. Trey Erwin and Justin Cole of Lee & Associates represented the seller, Carlisle Port Arthur LP.
MELROSE PARK, ILL. — SignCo, a local print, design and sign manufacturing company, has leased 19,800 square feet of industrial space at 1975 Cornell Ave. in Melrose Park, a western suburb of Chicago. The multi-tenant building spans 45,000 square feet. Michael Plumb and Brad Simousek of Lee & Associates represented the undisclosed landlord in the lease transaction. Ryan Kehoe of Lee & Associates represented the tenant. In May, Kehoe also represented SignCo when it sold its 6,900-square-foot building at 1327 N. 31st St. in Melrose Park. Keller Williams represented the buyer, Midwest AutoBody, in the sales transaction that occurred in May.