WOODSTOCK, ILL. — Entre Commercial Realty has arranged the sale of a 17,600-square-foot truck maintenance and trailer parking facility in Woodstock, about 50 miles northwest of Chicago. The sales price was undisclosed. Located at 14400 Washington St., the property features more than seven acres of outdoor storage and trailer parking. Kevin Kaplan of Entre represented the seller, CTS Group of Cos. LLC. Andrei Andronic of Remax represented the buyer, Esquire Logistics.
SAN BERNARDINO, CALIF. — Bixby Land Co., in partnership with a global investment manager, has sold a 340,080-square-foot industrial facility located at 4982 Hallmark Pkwy in the Inland Empire city of San Bernardino. Built in 2018, the building features 32-foot clear heights, ESFR sprinklers, 47 dock-high doors and two grade-level doors. At the time of sale, the property was fully leased to two tenants. Mark Detmer, Patrick Nally, Ryan Sitov and Evan Moran of JLL represented the seller and procured the buyer, Dallas-based Dalfen Industrial, in the transaction. Kevin Mackenzie and Brian Torp, Mike McCrary, Patrick Wood, Ruben Goodsell and Jeff Bellitti of JLL also assisted in closing the deal.
SAN ANTONIO — JCB, an English manufacturer of heavy machinery and industrial equipment, has acquired 400 acres along State Highway 16 in San Antonio with plans to construct a production facility that could ultimately employ as many as 1,500 people. The assemblage consists of two parcels spanning 172.7 and 227.3 acres. Phil Crane and Dan Gostylo of Partners Real Estate represented the sellers in the disposition of both parcels. A construction timeline was not disclosed.
RHOME, TEXAS — Dallas-based brokerage firm Bradford Commercial Real Estate Services has negotiated a 25,000-square-foot industrial lease in Rhome, about 25 miles north of Fort Worth. The site at 138 Leopard Road is located within the 114 Industrial Park development and includes five acres of outdoor storage space. Todd Lambeth of Bradford represented the tenant, St. Louis-based Commercial Van Interiors, in the lease negotiations. Mark Boone of LanCarte Commercial represented the undisclosed landlord.
NORTH BRUNSWICK, N.J. — Mayrock Group, an automotive manufacturer and distributor, has signed a 191,481-square-foot, full-building industrial lease at Crossroads Commerce Center in North Brunswick, about 45 miles southwest of Manhattan. The building sits on 17 acres at 1980 U.S. Route 1 and features a clear height of 40 feet, 29 tailboard doors, two drive-in doors and 31 trailer parking spots. Mindy Lissner, Bill Waxman, Christine Eberle, David Gheriani, Jeff Volpi and Morgan Nitti of Cushman & Wakefield represented the landlord, Principal Asset Management, in the lease negotiations. Gheriani also represented the tenant.
MORGAN HILL, CALIF. — Trammell Crow Co. (TCC) and joint venture partner CBRE Investment Management (CBRE IM) have completed construction of Cochrane Technology Center (CTC), a 500,000-square-foot, Class A industrial park in the Silicon Valley city of Morgan Hill. Situated on 30 acres, the speculative development offers five buildings, ranging in size from 73,668 square feet to 138,698 square feet: Chip Sutherland, Rob Shannon and Brian Matteoni of CBRE are handling marketing and leasing of the asset.
SOUTH PLAINFIELD, N.J. — JLL has arranged a $28.5 million construction loan for a 167,281-square-foot industrial project that will be located in South Plainfield, about 40 miles southwest of Manhattan. The 14.8-acre site at 1 Cragwood Road currently houses an office building that is set to be demolished. The new industrial facility will feature a clear height of 36 feet, 26 dock doors and two drive-in doors. Jon Mikula, Michael Klein and Michael Lachs of JLL arranged the loan through CIBC on behalf of the borrower and developer, Bridge Industrial.
AUBURN, WASH. — CenterPoint Properties has completed the disposition of Pike Distribution Center, an industrial building in Auburn, approximately 20 miles south of Seattle. KRL Legacy LLC, an entity of Ace Relocation System, acquired the property for $26.6 million. Kraig Heeter and Mike Newton of Kidder Mathews represented the buyer, while Matt Murray of Kidder Mathews, along with Matt Wood of KBC Advisors, represented the seller in the deal. KRL Legacy will occupy a portion of the 108,000-square-foot Pike Distribution Center, with the remaining 50,400 square feet being marketed for lease. The property offers 25-foot clear heights and secured and fenced trailer parking.
BRIDGEVIEW, ILL. — Entre Commercial Realty has brokered the sale of a 43,750-square-foot industrial building in the Chicago suburb of Bridgeview for an undisclosed price. The multi-tenant property is located at 9700 Industrial Drive immediately off the four-way interchange of I-294 and 95th Street. Jeffrey Locascio and Chris Wilbur of Entre brokered the transaction. The buyer was a joint venture between Clear Height Properties and Harbert US Real Estate, an investment strategy sponsored by Harbert Management Corp. Entre has been retained to market the property for lease. The seller was undisclosed.
CLAWSON, MICH. — Dominion Real Estate Advisors has brokered the sale of a 14,350-square-foot industrial building located at 850 N. Rochester Road in Clawson, a northern suburb of Detroit. The sales price was undisclosed. Barry Landau of Dominion represented the seller, LT Property Holdings LLC. Ernie Dearman of CLG Realty Advisory represented the buyer, OM3 LLC.
