CLAWSON, MICH. — Friedman Integrated Real Estate Solutions has arranged the acquisition of an industrial building located at 1303 Anderson Road in Clawson. Stelkic Industrial LLC sold the 13,050-square-foot property to Electric Blue LCC for an undisclosed price. Electric Blue is the holding company for Detroit Tuned, which will move into the building later this year. Detroit Tuned is currently located in Clinton Township, Mich. The company specializes in selling, installing and developing aftermarket and original equipment manufacturer (OEM) parts for Mini Coopers. Josh Miller of Friedman represented the buyer in the transaction.
WEST CHICAGO, ILL. — Flolo Corp. has acquired an industrial property located at 1400 Harvester Road in West Chicago. The company purchased the property from Acts Four Thirty Two LLC for an undisclosed price. Flolo Corp. will relocate and consolidate from its current facilities at 1061 E. Green St. and 420 Podlin in Franklin Park, Ill., to the new 42,411-square-foot facility. The buyer is a multi-faceted electro-mechanical repair facility, power transmission distributor and custom system integration company. John Hamilton, Mike Sedjo and Jack Brennan of CBRE represented the buyer, while David Prell, also of CBRE, represented the seller in the deal.
MILWAUKEE — The Dickman Company/CORFAC International has arranged a lease between Northwest Holdings Corp. and Sellars Absorbent Materials Inc. at 7300 N. 60th St. in Milwaukee. Sellars Absorbent Materials will occupy 104,627 square feet of industrial/office space at the property. Samuel Dickman Jr., Samuel Dickman, Zach Noble and TJ Huenerbein of The Dickman Company brokered the lease.
LAGRANGE, GA. — Sentury Tire, a China-based tire manufacturer, has announced plans to build a $530 million tire factory in LaGrange, approximately 65 miles southwest of Atlanta. Sentury expects the plant to create more than 1,000 jobs in production, sales, marketing, warehousing and distribution, and support the company’s U.S. operations. The company expects to start production in 2018, with a projected output of 12 million passenger and light truck tires per year. Sentury was drawn to Georgia by a tax incentive package, but details were not disclosed, according to the Atlanta Journal-Constitution. Sentury Tire products are sold under the Sentury, Landsail and Delinte brands. The company focuses on light truck and airplane tires. Approximately 70 percent of the company’s sales are in the European and U.S. markets. Sentury Tire’s parent company, Qingdao Sentury Tire Co., is based in Qingdao, China. “The state of Georgia has had a strategic office in China since 2007 and an office in Qingdao since 2013, helping foster business connections between Georgians and Chinese professionals,” says Chris Carr, commissioner of the Georgia Department of Economic Development. “This project is a great example of the relationships that have been forged through active communication and engagement in China.” …
REPUBLIC, MO. — Resource Optimization & Innovation (ROi), a health care supply chain company owned by Mercy, has broken ground on its custom surgical pack manufacturing facility, located at 3000 E. Sawyer Road in Republic. Slated to open in fall 2017, the $10 million, 100,000-square-foot facility will enable the company to produce up to 1.5 million packs each year. The packs produced by ROi’s Custom Pack Solutions division contain all of the medical supplies needed to perform a range of surgical procedures. The company’s pack operation is the first and largest provider-owned, FDA-regulated custom pack manufacturing facility in the United States. The project team includes Slone Architects, Morelock-Ross and Rankin Development.
PORT WASHINGTON, N.Y. — BEB Real Estate has leased 56,000 square feet of office and industrial space to Cintas Corp. The Cincinnati-based company will occupy space on the first and second floors at 12 Harbor Park Drive in Port Washington. Lee Brodsky, Dan Oliver and Dan Marcus of Newmark Grubb Knight Frank represented the landlord, BEB Real Estate, in the deal.
HOUSTON — NAI Partners has represented Bombshelter Diesel Supply LLC in the lease of a 42,525-square-foot distribution/warehouse space located at 21401 Park Row Drive in Houston. Bombshelter Diesel Supply is a subsidiary of Dieselcore. The company is a diesel core supplier to engine and parts remanufactures, as well as parts distributors. John Ferruzzo and Darren O’Conor of NAI Partners represented the tenant, Bombshelter Diesel Supply LLC, in the negotiations. Darryl Noon and Brain Gammill of Transwestern represented the landlord, MCA Mason Creek Owner LLC.
TERRELL, TEXAS — Lee & Associates, has arranged a lease transaction for a 19,000-square-foot industrial space located at 9752 County Road 310 in Terrell. Brett Lewis of Lee & Associates’ Dallas/Fort Worth office represented the tenant, Axus Paints, in the transaction.
WEST PALM BEACH, FLA. — BankUnited has provided a $65 million loan to McCraney Property Co. to refinance its 1 million-square-foot industrial portfolio in Florida. The assets include Vista Business Center and Belvedere Business Park in West Palm Beach, Orlando Central Park and Discovery Lakes in Orlando and Treasure Coast Commerce Center in Stuart. Robert Hummel led BankUnited’s Miami office in providing the long-term loan.
JACKSON, GA. – Construction is underway on Dollar General’s 15th distribution center in the United States in Jackson, which straddles both Butts and Spalding counties. The 1 million-square-foot industrial facility is expected to create more than 500 new jobs at full capacity and to be operational by fall 2017. Dollar General has more than 13,000 retail locations and 119,000 employees, with more than 700 stores and over 5,000 employees in Georgia. The new distribution center is expected to serve more than 1,000 stores in the Southeast. Dollar General’s 14 other distribution centers are located in Alabama, California, Florida, Indiana, Kentucky, Mississippi, Missouri, Ohio, Oklahoma, Pennsylvania, South Carolina, Texas, Virginia and Wisconsin.