PLANO — Mobile Fixture & Equipment Co., a kitchen equipment supplier based in Mobile, Ala., has leased 23,979 square feet of office/warehouse space at 1701 E. Plano Parkway in Plano. Michael Grant and Susan Singer of Dallas-based Bradford Commercial Real Estate Services represented the landlord, Illinois-based International Airport Centers, in the transaction. Greg Blandford of Position Property Group represented the tenant.
NEWARK, CALIF. — CapRock Partners has purchased a 237,933-square-foot headquarters and manufacturing property in Newark for an undisclosed sum. CapRock came into possession of the asset after purchasing its non-performing note. The previous owner recently vacated the property, which is located at 39889 Eureka Drive. It contains 190,827 square feet of warehouse space, 41,600 square feet of offices, and 5,506 square feet of testing and repair space. CapRock plans to lease or sell the building to a single entity. CBRE’s Chip Sutherland and Greg DeLong are handling the building’s marketing efforts.
COMPTON, CALIF. – Prologis has acquired a 132,926-square-foot industrial property in Compton for $9.1 million. It is located at 175 East Manville Street. The firm plans to renovate the building. Peter D. Bacci and Jack Cline of Lee & Associates represented both Prologis and the seller, Felix Family Trust, in this transaction.
ANDOVER, MASS. — 3D Systems has signed a lease for 57,600 square feet of industrial space at 19 Connector Road in Andover. The company provides 3D content-to-print solutions for customers. 19 Connector Road is a 76,800-square-foot building, which features 20-foot clear ceiling heights. Greg Klemmer and Tim Brodigan of NAI Hunneman represented the landlord, 19 Connector Road Realty Trust, in the transaction.
COMPTON, CALIF. – Prologis has acquired a 132,926-square-foot industrial property in Compton for $9.1 million. It is located at 175 East Manville Street. The firm plans to renovate the building. Peter D. Bacci and Jack Cline of Lee & Associates represented both Prologis and the seller, Felix Family Trust, in this transaction.
ORLANDO, FLA. — A joint venture between West Palm Beach, Fla.-based McCraney Property Co. (MPC) and New York-based Clarion Partners will develop three industrial buildings on 25.3 acres at Orlando Central Park in Orlando. A 150,000-square-foot building for Dade Paper is already under construction and two additional buildings will be built on spec with 225,000 square feet of rentable space. Construction of the first spec building is expected to break ground in the first quarter of 2013.
WATERVILLE, MAINE — ARC/Architectural Resources Cambridge has completed the design of the new $11 million biomass plant at Colby College in Waterville. The new 13,000-square-foot facility is expected to reduce the college's dependence on oil by 90 percent. The plant will burn forest waste and debris — treetops and bark that cannot be used by other pulp operations — instead of oil. Colby received a $750,000 grant from Efficiency Maine to assist with the project. The new power plant will provide thermal and partial electrical service to 30 campus buildings. The cost savings of switching to biomass is expected to pay for the building in six to 10 years.
GRAPEVINE — Trammell Crow Co. has selected Cadence McShane Construction Co. to build three new warehouse/distribution centers near DFW International Airport in Grapevine totaling 986,500 square feet. The three facilities are being built at Trammell Crow's DFW Trade Center, located at the intersection of Esters Road and Corporate Drive. The new facilities include the 500,000-square-foot Building 6, the 297,500-square-foot Building 7 and the 202,500-square-foot Building 9. GSR Andrade Architects Inc. will provide architectural services for the assignment.
GENEVA, ILL. — Duke Realty Corp. has expanded its industrial building at 1800 Averill Road in Geneva by 163,214 square feet to accommodate the needs of Peacock Engineering Co. The packaging company will continue to lease the existing 243,000-square-foot building, as well as the new expansion space. Peacock has also renewed its lease at 720 Center Ave., a 360,648-square-foot Duke Realty building in Carol Stream. Brian Kling of Colliers International represented the tenant in the lease transactions. Duke Realty was self-represented by Susan Bergdoll.
SPRINGFIELD AND STERLING HEIGHTS, MICH. — Stag Industrial has acquired a 217,000-square-foot warehouse and distribution facility in Springfield. In a separate transaction, the company also purchased a 108,000-square-foot light manufacturing and warehouse facility in Sterling Heights. The deals cost a total of $13.4 million. The Springfield building is fully leased to Big Y Foods, which uses the building as its main distribution center for dry goods. The Sterling Heights property is fully leased to Sodecia North America, which supplies components to the automotive industry.