Industrial

Transwestern Arranges Two Industrial Leases Totaling 248,545 SF in Illinois

by Christina Cannon May 27, 2016

WAUKEGAN, ILL. — Transwestern has arranged two industrial leases totaling 248,545 square feet in Waukegan, approximately 40 miles northwest of Chicago. Horizons Window Fashions, a manufacturer of specialty and customized window fashions, signed a long-term lease for 128,296 square feet at two adjacent properties in the Amhurst Lakes Business Center. Constructed in 1999, the 240,500-square-foot center is less than a mile from the I-94/State Route 137 interchange. In a separate transaction, Trifinity Partners Inc., a third-party logistics firm, leased 120,249 square feet of space at the Delany Commerce Center, a 218,500-square-foot facility at 2431 Delany Road. Tom Boyle and Jared Paff of Transwestern represented the tenants in both transactions.

May 27, 2016

Industrial Texas

CBRE Negotiates 124,436 SF Industrial Lease in El Paso

by Haisten Willis May 26, 2016

EL PASO, TEXAS — Transload Forwarding, a local supply chain solutions company, has signed a long-term, 124,436-square-foot lease at 9600 Pan American Drive in El Paso. Arturo De la Mora and Chad McCleskey of CBRE’s industrial and logistics division in El Paso represented the tenant in lease negotiations. The new location will be used to support Transload Forwarding’s logistics, custom brokerage and warehousing operation services.

May 26, 2016

Industrial Texas

NAI Partners Represents PetroAfrica in 18,875 SF Industrial Lease in Houston

by Haisten Willis May 26, 2016

HOUSTON — NAI Partners has represented PetroAfrica LLC in the lease of 18,875 square feet of industrial distribution space at 8950 Kirby Drive in Houston. PetroAfrica is a provider of oilfield supply and services established in 2005 in the Republic of Angola. PetroAfrica specializes in training, consulting, manpower, engineering services and the procurement and supply of materials and specialized equipment to support oil and gas exploration and production. Darren O’Conor and Jake Wilkinson of NAI Partners represented PetroAfrica in the negotiations. Sam Hansen of NAI Partners represented the landlord, SL Interchange LP.

May 26, 2016

Florida Industrial Southeast

Cushman & Wakefield Arranges 150,000 SF Industrial Lease in Metro Miami

by John Nelson May 26, 2016

MEDLEY, FLA. — Cushman & Wakefield has arranged a 149,980-square-foot industrial lease at Airport North Logistics Park, bringing Building One to full occupancy. The 45-acre industrial park is located at 8502 N.W. 80th St. in Medley, part of Miami’s Airport North submarket. The tenant, Eco Window Systems, is a privately owned manufacturer of affordable impact-resistant doors and windows. The company is relocating from Medley International Business Park and is doubling the size of its distribution center. Wayne Ramoski and Gian Rodriguez of Cushman & Wakefield represented the landlord, Airport North Industrial Inc., in the lease deal. Americas Commercial Real Estate LLC represented Eco Window Systems. Buildings Two and Three at Airport North Logistics Park are under construction and are expected to be delivered by mid-2017.

May 26, 2016

California Industrial Western

Partners Capital Buys Industrial Building in Compton for $5.7M

by Nellie Day May 25, 2016

COMPTON, CALIF. — Partners Capital has purchased a 51,674-square-foot industrial building in Compton for $5.7 million. The fully occupied facility is located at 510 W. Carob St. It was built in 1974. Remington Moses and Trauger Ralston of Lee & Associates LA/Long Beach represented both the buyer and seller, Create & More LLC, in this transaction. The buyer purchased the property as a sale-leaseback.

May 25, 2016

California Industrial Western

Wilson Journey Purchases Business Park in Aliso Viejo for $14M

by Nellie Day May 24, 2016

ALISO VIEJO, CALIF. — Wilson Journey LLC has acquired Journey Business Park, a 60,648-square-foot R&D facility in Aliso Viejo, for $14 million. The two-building property is located at 6 Journey. It was built in 1999. NGKF’s Gary Allen and Douglas Mathews represented the seller, LL & DM Investments LLC, in this transaction.

May 24, 2016

Industrial Multifamily Office Retail Texas

Cushman & Wakefield Acquires Oxford Commercial in Austin

by Haisten Willis May 24, 2016

AUSTIN, TEXAS — Cushman & Wakefield has acquired Oxford Commercial in Austin. Oxford Commercial has served clients in the areas of commercial real estate brokerage, investment sales, development consulting, market research and related advisory services since 1993. The company employs 35 brokers and staff members and has been behind many of the largest transactions in central Texas, including Athena Health’s lease inside the Seaholm Power Plant. In the past three years, Oxford Commercial’s transaction value totals reach $1.3 billion. Spencer Hayes, co-founder and managing partner of Oxford Commercial, will remain as managing principal under the new structure. Hayes worked for Cushman & Wakefield prior to founding Oxford Commercial.

May 24, 2016

Industrial Retail Texas

SACA Brokers Sale of Three Tracts of Land in San Antonio

by Haisten Willis May 24, 2016

SAN ANTONIO — San Antonio Commercial Advisors (SACA), an independently owned and operated member of the Cushman & Wakefield Alliance, has brokered the sale of three land tracts at the 1400 Sonterra development located at the southwest corner of US 281 North and East Sonterra Boulevard in San Antonio. SACA’s Paul Fagan represented the owner, CLDC Texas LLC, and was responsible for the sale of all three tracts, which total 10 acres. CLDC Texas originally owned approximately 300 acres near the property, most of which is now occupied by a Walmart, Costco and the Methodist Stone Oak Hospital. Only nine acres remains available as the city has experienced strong growth in the area since CLDC originally obtained the land in 1993. The sales included 3.8 acres to CHRISTUS Santa Rosa Health Care Corp. Paul Barker of Endura Advisory Group represented CHRISTUS in the transaction. Other transactions included 1.6 acres to Brundage Mini Storages LTD #3, which is planning a 600-unit, climate-controlled self storage facility at the site. Bert Denson of Brundage Management Co. Inc. represented Brundage Mini Storage in the deal. The final land sale included 4.4 acres to an unnamed buyer that intends to make a more detailed announcement …

May 24, 2016

Industrial Office Texas

Quorum International Expands with 305,000 SF Office/Warehouse Lease

by Haisten Willis May 24, 2016

FORT WORTH, TEXAS — Quorum International has inked a 305,000-square-foot lease with Sun Life Assurance Co. of Canada in an early renewal and expansion of its headquarters and distribution center in Fort Worth’s Railhead Industrial Park. The tenant has picked up 101,000 square feet of extra operating room at 400 Railhead Road, a 3.3-acre rail-served property on the city’s north side. Quorum has begun renovations on the expansion space, which has been updated with new lighting by the landlord. Quorum is one of the oldest tenants in the 633-acre Railhead Industrial Park, which opened in 1995 as the largest industrial center in Fort Worth with dual-rail service. Its operations hub features 22 dock-high doors and 28-foot clear heights.

May 24, 2016

Industrial Midwest Office Wisconsin

Ryan Cos. Breaks Ground on 130,000 SF Industrial and Office Facility Near Madison

by Christina Cannon May 24, 2016

DEFOREST, WIS. — Ryan Companies US Inc. has broken ground on a 130,000-square-foot office and processing facility for The Little Potato Company in DeForest, approximately 17 miles northeast of Madison. The new facility will be located along the western edge of US Hwy. 51 and east of Stevenson Street in the DeForest Business Park. The facility, situated on a 15.9-acre site, is scheduled to open in early 2017. The Little Potato Company, based in Edmonton, Alberta, is a grower and distributor of creamer potatoes.

May 24, 2016

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