HUMBLE, TEXAS — JLL has arranged an industrial lease at 620 N. Houston Ave. in Humble, a Houston suburb. Gateway Supply Inc. has leased the entire 52,145-square-foot manufacturing facility. Situated on 8 acres, the property features three crane-served buildings and 7,500 square feet of office space. Mark Nicholas, Richard Quarles and Joe Berwick of JLL represented the landlord, Schroeder Partnership Ltd., while Ron Roberson of Caldwell Cos. represented the tenant in the transaction.
IRVING, GARLAND AND RICHARDSON, TEXAS — NAI Robert Lynn has arranged three leases totaling 244,539 square feet of industrial and office space in Texas. In the first deal, Sonoco Products leased 155,068 square feet of industrial space at the 248,000-square-foot Towne Lake Business Center at 5111 Frye Road in Irving. Rick Medinis of NAI Robert Lynn represented the landlord, Cabot Properties, while Buddy Turner and Chip Watson of Avison Young represented the tenant. In the second deal, True Velocity Inc. inked a lease for 66,270 square feet of office/warehouse space at 1036 Nicholson Road in Garland. Stephen Cooper and John Leinbaugh of NAI Robert Lynn represented the landlord, while Charles Lester of Lester RE Advisers represented the tenant. In the third transaction, Safeguard Properties leased 23,201 square feet of office space at 2400 Lakeside Blvd. in Richardson. Kent Smith of NAI Robert Lynn represented the tenant in the transaction. The name of the landlord was not released.
PLYMOUTH AND MINNETONKA, MINN. — CBRE Capital Markets has arranged the sale of Carlson Business Center I-VIII in Plymouth and Minnetonka for $46.2 million. The portfolio includes 560,378 square feet of office and warehouse space within eight buildings. The complex is part of the 250-acre Carlson Center business park. The buildings were originally constructed from 1995 to 1997 and the portfolio was 86 percent occupied at the time of sale. WPT Industrial REIT was the buyer. Ryan Watts, Judd Welliver, Sonja Dusil and Tom Holtz of CBRE Minneapolis arranged the sale on behalf of the seller, Carlson Real Estate Co.
NEWARK, CALIF. — SAS Automotive Systems has pre-leased OMP Eureka Landing, a 142,188-square-foot advanced manufacturing property in Newark. The project will be located at 39888 Eureka Drive. It is situated two blocks west of Interstate-880 and less than five miles from Tesla’s Fremont plant. OMP Eureka Landing represents SAS’s first West Coast outpost where it will bring new manufacturing jobs to the Bay Area. Colliers International’s Mark Triska and Sanjiv Chadha represented SAS.
GARLAND, TEXAS — Lee & Associates has brokered the sale of an industrial building located at 2701 National Drive in Garland, roughly 18 miles northeast of Dallas. An undisclosed buyer acquired the 8,056-square-foot property for an undisclosed sum. Brett Lewis and Taylor Stell of Lee & Associates represented the undisclosed seller, while Dana Duckworth of Coldwell Banker represented the buyer in the deal.
MORRIS, SOMERSET AND MERCER COUNTIES, N.J. — Cronheim Mortgage has arranged a cash-out refinance of $27.8 million for six northern and central New Jersey properties. The assets include office, industrial and retail properties in Morris, Somerset and Mercer counties. The undisclosed borrower will use proceeds to cash out some of the significant equity of the property. David Turley, Janet Proscia and Jeff Pacailler of Cronheim Mortgage secured the financing.
NEW YORK CITY — Seagis Property Group has acquired two warehouse buildings adjacent to JFK International Airport in Queens. The properties total 60,000 square feet. The name of the seller and acquisition price were not released. The acquisition complements Seagis’ existing JFK holdings, which total 850,000 square feet in 45 buildings.
CUMBERLAND, R.I. — Sweeney Real Estate & Appraisal has arranged the sale of a four-acre redevelopment site located at 15 Jones St. in Cumberland. Civic RI Central Falls Charter I LLC acquired the property for $1.3 million. Existing structures on the site include a 13,960-square-foot retail space and a 10,000-square-foot warehouse space. The buyer plans to demolish both buildings for the construction of a new charter school. Thomas Sweeney of Sweeney Real Estate & Appraisal brokered the deal.
NAPA, CALIF. — DivcoWest and Orchard Partners have completed the first phase of Napa Logistics Park, a 2.9 million-square-foot, master-planned warehouse distribution park in Napa County. It is situated on 218 acres adjacent to Highway 29. The project’s first phase includes a 646,000-square-foot cross-dock logistics facility, which is currently available for sale or lease. Brooks Pedder and Benjamin Conwell of Cushman & Wakefield and Greig Lagomarsino of Colliers International represent the landlords.
LAS VEGAS — Strategic Storage Trust has purchased two self storage facilities in Las Vegas for $28.1 million. The 771-unit Storage Direct-Silverado is located at 9890 Pollock Drive. The 871-unit Storage Direct- Bermuda is located at 590 E. Silverado Blvd. CBRE’s Nick Walker represented both the buyer and the seller, Silverado Mini Storage LLC, in this transaction.
