FORT WORTH, TEXAS — Amazon has leased 318,488 square feet of industrial space at 4601 Gold Spike Drive in Fort Worth. The space is located within the Railhead Industrial Park. CBRE’s Ryan Keiser represented Amazon in the transaction, while Holt Lunsford Commercial’s Donnie Rohde and Matt Carthey represented the owner, Prologis.
WESTLAKE, OHIO — Newmark Grubb Knight Frank (NGKF) has brokered the purchase of an industrial property in Westlake, approximately 15 miles southwest of Cleveland, for $4.5 million. The property, located at 1006-1008 Crocker Road, features 23,000 square feet of office space and 147,000 square feet of warehouse and manufacturing space. The facility, situated on 18.7 acres, also includes a retention pond and running trails. Chris Haas, president and CEO of All Pro Trucking/All Pro Freight Systems, purchased the facility under 1006-1008 Crocker Road LLC. Bonne Bell, which was formerly headquartered in the building, was the seller. Mike Petrigan of NGKF represented the buyer in the transaction, and Kevin Kelly of Cushman & Wakefield/CRESCO represented the seller.
MORRISVILLE AND RALEIGH, N.C. — Cushman & Wakefield has arranged the largest industrial/office sale in the Triangle region year-to-date, according to Real Capital Analytics. The sale included EastRidge at Perimeter Park in Morrisville and Spring Forest Business Center in Raleigh. The properties span 11 single-story buildings totaling 634,617 square feet. The sales price was not disclosed. The portfolio was 83 percent leased at the time of sale to 24 tenants including IXIA, Adreima, LabCorp, Ascom North America and Allstate. David Finger and Sara Owen of Cushman & Wakefield represented the seller in the transaction. The buyer, Somerset Properties, will retain Hillman Duncan and Dennis Hurley of Cushman & Wakefield to lease the two properties.
NEWARK, DEL. — The Emory Hill Companies has completed the second phase of the sale of White Clay Corporate Center, an office and industrial complex in Newark. Shelbourne Global Solutions LLC purchased four of the seven buildings at the complex in 2015, and recently purchased the remaining three buildings to complete the acquisition for an undisclosed sum. The campus totals 493,581 square feet. Neil Killian of NAI Emory Hill represented the undisclosed seller in the transaction. NAI Emory Hill manages the property.
CARROLLTON, TEXAS — Lee & Associates has negotiated a lease transaction for a 25,000-square-foot industrial space located at 3400 Wiley Post Road in Carrollton. Nathan Denton of Lee & Associates’ Dallas/Fort Worth office represented the tenant, Dallas Auto Sales. Greg Cannon of Colliers International represented the landlord, Futerfas Family LP.
HODGKINS, ILL. — Transwestern has brokered the acquisition of a 52,962-square-foot industrial building in Hodgkins, approximately 20 miles southwest of Chicago. Bear Real Estate LLC acquired the property, which is located at 7515 Santa Fe Drive, from Shamrock Real Estate LLC for an undisclosed amount. Event Equipment Sales, an affiliate of Bear Real Estate, will occupy the building. Built in 1998, the facility features 18-foot ceilings, four drive-in doors, two loading docks and parking for over 25 vehicles. Improvements to the facility are underway and include a new concrete floor, improved lighting system and updates to 8,100 square feet of office space. Jeff Locascio and Scott Mueller of Transwestern represented Bear Real Estate in the transaction.
SALT LAKE CITY — Alaska Consolidated LLC has sold Landmark II, a 213,333-square-foot industrial building in Salt Lake City’s Landmark Industrial Park, to an unnamed buyer for an undisclosed sum. The property is located at 1941 South 5070 West. It was built in 1997. The structure was 80 percent occupied at the time of sale. CBRE’s Tom Dischmann and Craig Thomas represented the seller in this transaction.
KUTZTOWN, PA. — Woodmont Industrial Partners (WIP) has completed the sale of an industrial property located at 9747 Commerce Circle in Kutztown. The 385,000-square-foot property sold for an undisclosed price. Built in 2007, the property features an ESFR sprinkler system, T5 lighting, 32-foot ceiling heights, 50-foot by 50-foot column spacing, 20 loading docks and 10 additional knock-out dock door panels. Hearth & Home, a producer and installer of hearth product, leases 173,701 square feet of the property. Michael Hines, Brian Fiumara and Brad Ruppel of CBRE represented WIP in the transaction. WIP acquired the property in 2012 in a joint venture with AEW Capital Management.
CHICAGO — Meridian Design Build has completed a 219,858-square-foot industrial property in Chicago. The automated package sortation and distribution center is located on 41.3 acres and boasts more than 3,000 feet of expressway frontage along the north side of I-55 at South Damen Avenue. The facility features 61 loading docks, 156 interior van loading positions, 8,153 square feet of office space, 452 auto parking spaces and 301 trailer stalls. Cornerstone Architects provided architectural services, and Spaceco Inc. was the civil engineer of record.
MILWAUKEE — The Dickman Company Inc./CORFAC International has brokered the sale of a 20,860-square-foot industrial building in Milwaukee for an undisclosed price. Dean Road Property LLC purchased the building from 8800 West Dean Road LLC. Samuel M. Dickman Jr. and Samuel D. Dickman of The Dickman Company were the sole brokers in the transaction. The property is located at 8800 West Dean Road.
