HAYWARD, CALIF. — General Forklift & Equipment has leased 40,000 square feet of space at the Clawiter business complex in Hayward. The center is located at 25864 Clawiter Road. Other notable tenants at the center include Berkeley Farms and Gillig Corporation. General Forklift was represented by Richard Sutherland of Sutherland Company. The landlord, Clawiter Associates, was represented by Dan Bergen of Colliers International.
Industrial
CHICAGO — Cushman & Wakefield has brokered the sale of a 377,738-square-foot warehouse facility in Chicago. The property is located at 4500 W. Armitage Ave. Affordable Moving Co., a provider of residential and commercial moving and storage services, will relocate and consolidate its Chicago headquarters to this new location. Brad Weiner, Larry Goldwasser and Colin Green of Cushman & Wakefield represented the seller, Magid Glove and Safety. Weiner, along with Mitch Adams of CBRE, represented the buyer, Affordable Moving Co.
EDWARDSVILLE, ILL. — BARBERMurphy Group has arranged the sale of a 25,440-square-foot industrial building in Edwardsville located in southwest Illinois. The property is situated on approximately 6.5 acres located at 5257 State Route 157. Klueter Brothers Concrete Inc. sold the property to CJD Construction Inc. for an undisclosed sales price. BARBERMurphy Group represented the seller in the transaction.
TUCSON, ARIZ. — Retail Service Systems has leased 18,424 square feet in Tucson. The space is located at 1150 S. Plumer Ave. The landlord, Antonio Gonzalez, was represented by Paul Hooker and Ron Zimmerman of Cushman & Wakefield | PICOR.
HOUSTON — NAI Houston has leased a 21,793-square-foot industrial building at 11505 Todd Street in Houston’s North West Industrial Corridor. John Ferruzzo and Darren O’Conor of NAI Houston represented the tenant, Superior Cladding LLC. Stuart Rosen of Greater Houston Commercial Properties represented the landlord, One Todd VHJT LLC.
PHILADELPHIA — CBRE Group Inc.’s Capital Markets Debt & Structured Finance team has arranged $2.4 million first mortgage refinancing secured by 449 East Tioga Street in Philadelphia. Constructed in the 1960s, the manufacturing and distribution center features 294,148 square feet of industrial warehouse space, 22-foot clear heights and 34-by-34-foot column spacing. Case Paper has used the property as a distribution center since 1999 and has a current lease expiration date of 2019. James Gunning, Donna Falzarano and Evan Kleppe of CBRE arranged the refinancing with a CMBS lender for the borrower, B&W Associates, for a five-year term.
OXNARD, CALIF. – PODS has leased a 232,500-square-foot building in Oxnard. The lease is valued at nearly $2 million. The company will be relocating and expanding from nearby Ventura, where it was based for eight years. The new space is located at 301 S. Rose Ave. CBRE’s Paul Farry, Jim Meaney, Doug Shaw represented both PODS and the landlord, One Miracle Property, in this transaction.
PHOENIX — First Commons at West 10, a 99,528-square-foot industrial complex in Phoenix, has sold to Enright Capital for $6 million. The building is located at 4625 and 4635 W. McDowell Road. It was built in 2002. The property was 60 percent leased at the time of sale. Bob Buckley, Tracy Cartledge and Steve Lindley of Cassidy Turley represented both the buyer and seller, MDI Capital, in this transaction.
ABERDEEN, MD. — CBRE has brokered the $31 million sale of Advantage Business Park, a 528,780-square-foot industrial bulk warehouse at 504 Advantage Way in Aberdeen, part of Baltimore’s I-95 North industrial submarket. SK Realty Management purchased the property from 504 Advantage Way LLC. The property is fully leased to three tenants and anchored by Gordon Food Service. Jonathan Beard, Bo Cashman and Bill Pellington of CBRE’s Baltimore office brokered the sale.
VALENCIA, CALIF. — PPG Aerospace has renewed its lease for 83,000 square feet of specialized industrial space in Valencia. The highly customized space is located at 24811 Ave. Rockefeller. PPG uses the property as its aeronautics manufacturing, design and office space. PPG Aerospace is a division of PPG Industries. The company was represented by Mark Evanoff and Andrew Berk of Avison Young. The landlord, Krausz Company, represented itself in this transaction.