SAN DIEGO — Layfield Environmental Systems Corporation has signed a seven-year lease for 67,344 square feet of industrial space in the East County submarket of Spring Valley. It is located at 2500 Sweetwater Springs Blvd. Layfield will be expanding and relocating from El Cajon. This was the largest industrial lease signed in East County in the past five years, according to Cassidy Turley San Diego, which represented Layfield. Kerry Schimpf and Cameron Czubernat led the Cassidy Turley team. The landlord, Rancho San Diego Industrial Center LLC, was represented by CBRE’s Ron Bement.
Industrial
BOSTON — HKS Capital Partners has arranged $18.7 million in permanent mortgage financing for two self-storage facilities. The properties are located in Boston and Washington, D.C. Chad Johnson of HKS Capital Partners arranged the 10-year loan.
TEXAS CITY — HDA Architects has finished a 165,000-square-foot distribution center for Del Papa Distributing, located in Texas City. The facility features an atrium space with a linear skylight and custom wood casework throughout the main corridors.
HOUSTON — NAI Houston has arranged the sale of a 10,000-square-foot industrial property, located at 14230 Interdrive E. in Houston. Travis Land and John Ferruzzo of NAI Houston represented the sellers, Gary and Vickie Long, in the transaction. The buyer was Realrona, Inc.
SEAFORD, DEL. — Flow Smart, a polymer product company, has purchased 213 Nesbit Drive in Seaford for $1.7 million. The 60,000-square-foot industrial building was formerly occupied by Century Window Fashions before slipping into foreclosure in late 2011. Rodney Joyner and Tom Knopp of Sperry Van Ness — Miller Commercial Real Estate represented the seller, WSFS Bank, in the transaction. Rob Harman, also of Sperry Van Ness, represented the buyer.
UNION CITY, CALIF. – A 60,000-square-foot warehouse facility in Union City has sold to Coastal Tropical for $5 million. The facility is located at 2975 Volpey Way. The seller, Golden Apple, plans to relocate to a 38,800-square-foot warehouse one block away. Coastal Tropical was represented by CBRE’s Bob Ferraro and David Black. Golden Apple was represented by Jesse Lucas and Craig Hagglund of Lee & Associates’ Oakland office.
AUSTIN — Dungan Storage Warehouse, a 14,000-square-foot, 18-unit self storage facility located at 1706 Dungan Lane in Austin, has sold. The purchase also includes undeveloped land that is currently being used for commercial and recreational parking. Joe Linsalata of Linsalata Realty Services represented the seller in the transaction. The buyer, Kenan Hemingway Investment Corp., was self-represented by Gregg Hemingway.
MIAMI LAKES, FLA. — A joint venture between The Easton Group and Marcus Capital Partners Fund I has sold eight buildings in the Miami Lakes Research & Industrial Park, located at 14400-14560 NW 60th Ave. in Miami Lakes, to The Graham Companies for $14.3 million. The remaining three buildings in the park sold last year to Fonga for $4.6 million. The 11 buildings total 394,000 square feet, and the campus is 50 percent leased to HeartWare.
SHREVEPORT, LA. — Lexington Realty Trust has purchased a 258,000-square-foot, build-to-suit industrial facility, located in Shreveport, for $13 million. The newly constructed building is net-leased to The Tire Rack.
NORCROSS, GA. — A 55,000-square-foot industrial and showroom building, located at 430 Technology Parkway in Norcross, has sold for $4.5 million. The building is fully leased to Simmons Bedding Co. through 2018 and serves as the company's flagship location. Tom Shafer, John Hinson and CJ Kelly of Atlanta-based Resource Real Estate Partners represented Healey Investments, the seller, in the transaction. 430 Tech Realty LP. was the buyer.