CEDAR CITY, UTAH — GAF, North America’s largest roofing manufacturer, has purchased a 534,598-square-foot manufacturing facility in Cedar City for an undisclosed sum. The facility is located at 5080 West Highway 56. GAF plans to manufacture foam insulation boards and single-ply roofing system components at the facility. The company was represented by Eric Dienstbach of Binswanger’s Denver office. The seller was CC Utah Enterprises, LLC.
SKOKIE, ILL. — Command Transportation has signed a lease for 19,000 square feet of office space at 5500 W. Howard St., a 60,000-square-foot office building in Skokie, a northern suburb of Chicago. Locally based The Alter Group, a real estate development firm, owns the Class A office building. The deal brings 5500 West Howard to full occupancy.
SOUTH WINDSOR, CONN. — Marcus & Millichap has arranged the sale of a 224,061-square-foot FedEx distribution facility in South Windsor, Conn. for $32.2 million. The property, which is located at 456 Sullivan Ave., was built in 2012. Laurie Ann Drinkwater and Seth Richard of Marcus & Millichap represented the buyer, a regional private investor. FedEx’s double-net lease expires in 2027.
MANTECA, CALIF. — The 3.1-million-square-foot CenterPoint Intermodal Facility is scheduled to break ground in Manteca within the month. Manteca is situated between Stockton and Modesto in Northern California. The $175-million project will be located just west of Airport Way between Roth Road and Lathrop Road across from the Union Pacific intermodal yards. The funds will be provided by CalPERS. The San Joaquin Partnership estimates the new facility will create 600 permanent jobs.
CEDAR CITY, UTAH — GAF, North America’s largest roofing manufacturer, has purchased a 534,598-square-foot manufacturing facility in Cedar City for an undisclosed sum. The facility is located at 5080 West Highway 56. GAF plans to manufacture foam insulation boards and single-ply roofing system components at the facility. The company was represented by Eric Dienstbach of Binswanger’s Denver office. The seller was CC Utah Enterprises, LLC.
POMONA, CALIF. – A 43,900-square-foot industrial building in Pomona has sold to Lite Cruise Properties, LLC for $2.7 million. The building is located at 2778-2788 Pomona Blvd. Lite Cruise was represented by CBRE’s Kent Stalwick. The seller, Fluoresco Lighting & Signs, was represented by Mark White and Todd Launchbaugh of Lee & Associates’ Ontario office.
FLINT, MICH. — Walker International Transportation has signed a lease for 65,000 square feet of industrial space at 4500 Matthew Drive in Flint. The space is part of a 260,000-square-foot building, which was built in 1999. Doug Fura represented Walker International in the deal. The landlord was 4500 Matthew LLC. Walker International is a multi-national logistics service company.
GRAND PRAIRIE, TEXAS — General Electric Co. has renewed a long-term lease for the 470,000-square-foot Regency II, an industrial property located at 1011 Isuzu Parkway in Grand Prairie. Michael Spain and Kevin Santaularia of Dallas-based Bradford Commercial Real Estate Services represented the landlord, Ohio-based OTR GP, in the lease transaction. Steven Berger of CBRE represented the tenant. GE has leased space at Regency II since January 1997.
HOUSTON — A new 30,000-square-foot terminal facility in Houston has been delivered for Loomis, a cash-handling services firm. The facility allows the company's armored trucks to load and unload currency efficiently. The facility is constructed with concrete tilt walls and includes a 2,400-square-foot fleet maintenance facility. Archway Properties developed the project, Arch-Con Construction constructed it, Munson Kennedy designed it and Jones Lang LaSalle represented Loomis in the land transaction.
POMONA, CALIF. – A 43,900-square-foot industrial building in Pomona has sold to Lite Cruise Properties, LLC for $2.7 million. The building is located at 2778-2788 Pomona Blvd. Lite Cruise was represented by CBRE’s Kent Stalwick. The seller, Fluoresco Lighting & Signs, was represented by Mark White and Todd Launchbaugh of Lee & Associates’ Ontario office.