BEDFORD PARK, ILL. — Paine/Wetzel TNC Worldwide has arranged the 30,000-sqaure-foot industrial lease of a property located in Bedford Park, a southwestern suburb of Chicago. Midway Windows and Doors Inc. will lease the space at 5321 W. 65th St. Bill Kerrins of Paine/Wetzel TNC Worldwide represented the tenant in the transaction. Phil Mumford represented 5321 W. 65th LLC.
NEW YORK CITY — Heritage Equity Partners and Lichtenstein Group have partnered to redevelop five vacant warehouses into Bushwick Generator. The interconnected buildings at 215 Moore St. in Brooklyn will be transformed into a 75,000-square-foot light industrial, office and retail property, offering space office or workspaces ranging from 1,500 square feet to 20,000 square feet. Brooklyn-based ABS Partners has been retained as the office leasing agent for the property, which is geared toward new economy industries, including tech, creative arts and food production.
ROCKY HILL, CONN. — Colliers International has brokered the sale of an industrial facility located at 51 Belamose Ave. in Rocky Hill. MF Discala & Co. acquired the property from Fifty One Belamose LLC for $2.3 million. The 35,000-square-foot property is fully occupied and will provide a long-term cash flow for the new owner. Nicholas Morizio and Ian Hunt of Colliers represented the seller and buyer in the transaction.
FORNEY, TEXAS — Bellomy & Co. has arranged the sale of I-20 Self Storage in Forney. The facility consists of 484 climate and non-climate controlled units with 52,600 net rentable square feet. The property was 82 percent occupied at the time of closing. Bill Bellomy, Michael Johnson and John Arnold of Bellomy & Co. marketed the property on behalf of the Dallas-based seller. Bellomy, Johnson and Arnold procured the Greenwood Village, Colo.-based buyer, National Storage Affiliates (NSA). NSA owns and operates 277 self-storage facilities in 16 states. Bellomy & Co. is an Austin, Houston and Atlanta-based commercial real estate firm with a team exclusively focused on the self-storage industry.
DENVER — Pathfinder Winfeild RiNo Holdings LLC has purchased a former Gold Star Sausage Factory in Denver for $4.5 million. The factory is located at the corner of 28th and Walnut streets in the River North (RiNo) District. It contains five structures for a total of 47,326 square feet. The buyer plans to repurpose the space to include common-area meeting space, a kitchen, locker room and showers and a bike barn with a bicycle repair station. Brian Bair and Trent Rice of NAI Shames Makovsky represented Pathfinder in this transaction.
SAN DIEGO — General Atomics Aeronautical Systems has signed a four-year lease for a 112,000-square-foot industrial property in the San Diego submarket of Poway. The building is located at 13550 Stowe Drive. The lease is valued at more than $4.2 million. General Atomics represented itself in the transaction. Ted Cuthbert of Colliers International and Bob Willingham, James Duncan and Mickey Morera of Kidder Mathews represented the landlord, CT Realty.
CARROLLTON, TEXAS — Dan Spika of Henry S. Miller Brokerage’s industrial division represented Speed Boats of Texas in the lease of its new site in Carrollton. The 28,152-square-foot site is located at 3231 Commander Drive near Midway Road, the Dallas North Tollway and President George Bush Turnpike. Brett Owens of Transwestern represented the landlord, Colony Capital, in the transaction.
ROCHESTER HILLS, MICH. — Colliers International has arranged a 26,280-square-foot flex lease in Rochester Hills, approximately 30 miles north of Detroit. Nichols Paper & Supply Co. leased the space from ADCO Investments LLC and will use the property as a warehouse for distributing paper and janitorial supplies. Gary Glotzhober of Colliers International represented the tenant in the transaction. The property is located at 1685 Northfield Drive.
ORLANDO, FLA. — Liberty Property Trust has sold a 713,585-square-foot industrial property located at 8201 Chancellor Drive in Orlando for $35.5 million. Liberty recently completed a long-term lease renewal with CVS at the facility. Frank Fallon, Mike Hines and David Murphy of CBRE represented Liberty in the transaction. Exan Capital LLC advised the undisclosed buyer. Liberty, an $8 billion, publicly traded REIT, currently owns and manages 3.6 million square feet of industrial space in Orlando.
DENTON, TEXAS — Lee & Associates has arranged a lease transaction for a 10,000-square-foot industrial building located at 2834 Geesling Road in Denton. Corbin Blount of Lee & Associates’ Dallas/Fort Worth office represented the tenant, Automotive Tensioners. Donald Frazier of Frazier Commercial represented the landlord, Jim/Heritage LP.