HOUSTON — Levey Group, an industrial development company, has executed a 150,000-square-foot office/warehouse lease with Crane Worldwide Logistics at 6501 Navigation in Houston. The 21.6-acre industrial complex is located east of downtown Houston near the ship channel. Jim Foreman and Beau Kaleel of Cushman & Wakefield represented Levey Group in the transaction. Ed Frantz and Kevin Kushner of CBRE represented Crane Worldwide Logistics.
JACKSONVILLE, FLA. — Samsonite has signed a 240,000-square-foot lease for a distribution center at 10089 N. Main St. in Jacksonville’s Imeson International Industrial Park. Aaron Zarle, Bryan Bartlett and John Richardson of Grubb & Ellis/Phoenix Realty Group represented the landlord, Dalfen America Corp. The brokerage firm also represented W.P. Carey & Co. LLC in the sale of the property to Dalfen in September 2012.
MIAMI — The former Regal Kitchens property, which includes 8.6 acres of land and a 171,000-square-foot warehouse at 8600 N.W. South River Dr. in Miami, has sold to a Chile-based company for $7 million. The buyer, Megacenter, specializes in reconditioning similar buildings in Chile. The site is the company’s first purchase in the United States and it plans to renovate the existing building. Megacenter will divide the building into a warehouse and full-service office suites for lease, ranging in size from 4,000 to 20,000 square feet. Mort Fetterolf, Xavier Cossard and Michael Fay of Colliers International South Florida represented both parties in the transaction.
WEST DUNDEE, ILL. — The Opus Group has completed the sale of a new industrial warehouse building for Maxzone Vehicle Lighting Corp. in West Dundee. The 223,488-square-foot facility is located in the Oakview Corporate Park and includes 3,000 square feet of office space, 20 truck docks and two drive-in doors. Noel Liston of Darwin Realty and Development Corp. represented Opus in the transaction. Eric Chang of US Asia Group represented the buyer, Maxzone. Maxzone is scheduled to take occupancy in the building this April.
DALLAS — Billingsley Co. has begun construction of the new 300,000-square-foot Bush Beltline Distribution Center, located at the intersection of Belt Line Road and George Bush Turnpike 190 in Dallas. The distribution center will include 32-foot clear heights, cross docks and 135-foot truck courts. The building was 86 percent leased before the ground breaking. Mattress Firm has secured a lease for 153,000 square feet in the center. The landlord, Billingsley Co., was self-represented by Marijke Lantz and Carter Crow. Damian Rivera and Graham Horton of Stream Realty Partners represented Mattress Firm. The property is slated for a July 2013 completion.
GARLAND, TEXAS — Westmount Realty Capital has purchased a 341,840-square-foot manufacturing distribution facility in Garland. The distribution facility is fully leased to Apex Tool Group, which recently signed a new 20-year net lease. Apex Tool Group builds hand, power and electric tools, most notably the Sears Craftman brand. Other brands include Crescent, Armstrong, Allen and Kobalt. Apex is owned by a joint venture between Danaher Corp. and Cooper Industries. Westmount will invest approximately $1.5 million in interior and exterior building improvements, including new finishes throughout. Lee and Associates represented the seller in the transaction. Additionally, NorthMarq Capital arranged acquisition financing.
GROVE CITY, OHIO — Team Gemini has selected Colliers International to market Gemini Synergy Center Industrial Park in Grove City. The $250 million project will be constructed on 343 acres, just north of State Route 665. The industrial and research park will serve as a sustainable business cluster powered by a waste stream within a Community Reinvestment Area. Bill Baumgardner of Colliers will market the property to tenants. Team Gemini plans to become the main anchor at the park, and will build process facilities for recycled products.
NEW YORK CITY — TA Associates Realty has acquired the JFK Cargo portfolio, which includes 12 buildings adjacent to JFK International Airport's runway system in Queens, for $57.2 million. In addition to the 12 properties totaling 481,000 square feet, the deal includes eight land parcels. The buildings are 93 percent occupied, primarily by freight forwarders such as Aramex International, Gourmet Boutique and Aaron Rents Inc. The eight parcels are currently used as parking lots, but could provide additional on-site expansion. Andrew Merin, David Bernhaut, Gary Gabriel and Kyle Schmidt of Cushman & Wakefield represented the seller, Prologis Inc., in the transaction. They also procured the buyer.
DULUTH, GA. — ViaSat Inc., which produces satellite and other digital communication products for the government and commercial customers, has begun construction on a 60,000-square-foot expansion at the firm's facility in Duluth. The company will invest $10.5 million in the build-to-suit project located at 1725 Breckinridge Plaza. The company's Duluth campus is ViaSat's second largest location in the nation, following behind its headquarters in Carlsbad, Calif. The Duluth warehouse focuses on antenna systems and commercial networks. Lindsay Martin, project manager with the Georgia Department of Economic Development, along with the Gwinnett Chamber Economic Development, assisted with the project.
SAUK VILLAGE, ILL. — Principle Construction Corp. has completed a new 267,000-square-foot, build-to-suit manufacturing facility for Winpak Portion Packaging in Sauk Village, located about 30 miles south of Chicago. Demody Properties is the building owner. The facility includes a warehouse, production area, offices, maintenance area, chemical storage room and printing area. Winpak manufactures and distributes packaging materials and related packaging machines. Harris Architects provided architectural services and Jacob & Hefner Associates provided civil engineering service. George Cibula of Darwin Realty represented Dermody in the transaction. Justin Fierz of Lee & Associates represented the tenant.