Industrial

LOCKPORT, ILL. — RJW Logistics has signed a 512,265-square-foot lease for a distribution facility in Lockport, approximately 35 miles southwest of Chicago. ML Realty Partners LLC owns the building located within the Heritage Crossing Corporate Center, a 228-acre business park. The facility is located at 14908 S. Gougar Road and features 32-foot clear heights. There are a total of 12 buildings planned for the Heritage Crossing Corporate Center. Dan Leahy, Mark Moran and John Whitehead of NAI Hiffman represented ML Realty Partners in the transaction. Dominic Carbonari of JLL represented RJW Logistics.

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NORTHBROOK AND BARTLETT, ILL. — Brown Commercial Group has brokered the sale of two industrial buildings. In the first transaction, Bill’s Plumbing acquired a 17,290-square-foot building located at 1855 Holste Road in Northbrook, approximately 25 miles northwest of Chicago. The plumber is expanding from a 2,600-square-foot space in Skokie. Trinity Scurto of Brown Commercial represented the buyer, and Juanita Song of Coldwell Banker represented the seller. In the second deal, Care Investments LLC sold a 2,642-square-foot industrial facility to an undisclosed buyer. The building is located at 1292 Humbracht Circle in Bartlett, approximately 35 miles west of Chicago. Brian Lindgren and Dan Brown of Elk Grove, Ill.-based Brown Commercial represented the seller, and Dan Smolensky of Taurus Modal Group represented the buyer. Financial terms of the transactions were not disclosed.

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DALLAS — Stream Realty Partners, a real estate investment, development and services company, has hired Victoria Knudson as executive vice president and leader of the company’s national industrial property management division. Knudson will be responsible for expanding and leading the direction and operations of Stream’s industrial property management platform. Prior to joining Stream, Knudson served as senior managing director and national property management leader at Cushman & Wakefield. Prior to her time at Cushman & Wakefield, Knudson was with AMB Property Corp. and Trammell Crow Co. Knudson will be based in Stream Realty Partners’ Dallas office.

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TRUMBULL, CONN. — The Silverman Group has completed the sale of Trefoil Park, a five-building office/laboratory/flex park in Trumbull. 265 West 34th Street LLC acquired the asset for $26.7 million. The park includes a three-story, 54,899-square-foot building located at 35 Corporate Drive; a three-story 47,264-square-foot building located at 55 Corporate Drive; a 44,221-square-foot asset at 126 Monroe Turnpike; a 45,615-square-foot property at 30 Trefoil Drive; and a 40,675-square-foot building at 204 Spring Hill Road. In addition to a mix of office, industrial and flex space, the park features a fitness center and a child care center. At the time of sale, Trefoil Park was 95 percent leased to a diverse roster of 37 corporate and industrial tenants. Tom O’Leary, Gary Gabriel, Andrew Merin, David Bernhaut and Andrew Schwartz of Cushman & Wakefield represented the seller in the transaction.

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AUBURN HILLS, MICH. — Friedman Integrated Real Estate Solutions has arranged an industrial lease in Auburn Hills, approximately 30 miles north of Detroit. Axis Technology Group, a company specializing in automotive trim and packaging, will occupy 34,500 square feet of space at 20 Corporate Drive. Charrington Estates LLC is the landlord. Bob Dabrowski of Friedman represented the tenant in the transaction.

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KENNEDALE, TEXAS — Align Auto Collision & Painting has leased a 9,060-square-foot industrial building located at 7204 Mansfield Highway in Kennedale. The property will serve as a temporary location for the business following the sale of its previous location, 2235 Michigan Ave. in Arlington. Align will relocate by the end of March to the temporary location. The new site is zoned for industrial use and has a large parking area to accommodate Align Auto Collision’s customers. Coldwell Banker Commercial Alliance arranged the transaction. The temporary location was the only vacancy in a four-building complex situated 3.5 miles south of I-20. Jim Eaton of RDS Real Estate in Haltom City represented the landlord, Tarrant County-based investor Ron Sturgeon, in the lease transaction. Align Auto’s owner, Anastasio Favila, is concentrating the company’s permanent site search on the mid-cities between Dallas and Fort Worth.

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NEWTOWN, N.C. — Binswanger has brokered the sale of a 439,500-square-foot industrial facility in Newtown. The property is located on a 94.8-acre parcel at 1545 St. James Church Road. Snider Tire Inc., a commercial tire dealer and retreader, purchased the asset for an undisclosed amount. Doug Faris of Binswanger’s Charlotte office brokered the transaction.

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ZION, ILL. — Avison Young has arranged a 150,192-square-foot industrial lease expansion and renewal in Zion, approximately 50 miles north of Chicago. Focus Foodservice now occupies the entire building, which is located at 451 Trumpet Drive. The distribution facility features 30-foot clear heights, 150 parking spaces and two grade-level dock doors. The building is situated within the Trumpet Corporate Park, an 8.1-acre complex developed by Panattoni Development Co. in 2008. Keith Puritz, Eric Fischer and Brett Kroner of Avison Young represented the tenant in the transaction. Chris Volkert and Matthew Stauber of Colliers International represented the landlords, Prudential Insurance Co. and Panattoni Development Co.

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CALEDONIA, WIS. — The Dickman Company Inc./CORFAC International has negotiated a 9,000-square-foot lease in Caledonia, approximately 20 miles south of Milwaukee. Educators Credit Union will occupy the industrial building, which is located at 289 27th St. Ninneman Properties II LLC is the landlord. Cale Berg of The Dickman Company Inc. was the sole broker in the transaction.

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