DORAL, FLA. — Intcomex has signed a long-term lease extension for its 172,926-square-foot headquarters at the International Distribution Center at Doral, located at 3505 NW 107th Ave. in Doral. Walter Byrd, Ben Eisenberg and Thomas Kresse of Transwestern's Miami office represented the landlord, Clarion Partners, in the transaction.
MONROE TOWNSHIP, N.J. — W.W. Grainger has signed a 101,944-square-foot lease expansion at 16 Applegate Dr. in Monroe Township. The industrial supply company now occupies a total of 187,185 square feet in the building, which is located within the Northeast Business Park. Stephen Salomon of CBRE's San Francisco office represented the tenant in the transaction. The landlord, Matrix Development Group, was represented in-house by James Murray.
SAN ANTONIO — HFF has secured $4.55 million in refinancing for the 560-unit, 90,000-square-foot Austin Highway Self Storage, located west of the intersection of North Vandiver Road and Austin Highway in San Antonio. Colby Mueck and Aaron Swerdlin of HFF's Houston office arranged the 10-year, fixed-rate loan through RiverSource Investments on behalf of the borrower, Austin Highway Self Storage LTD.
COMMERCE, CALIF. — Chameleon Beverage Companyhas leased 134,400 square feet of industrial space in Commerce. The company will utilize the space at 6444 26th Street for its corporate headquarters. Chameleon was represented by Corey Spoundand Zac Sakowski of Jones Lang LaSalle Los Angelesin this transaction.
HOUSTON — Holt Lunsford Commercial has arranged a 75,354-square-foot lease of industrial space, located at 8000 Market St., Suites 260-280 in Houston. John Kruse of Holt Lunsford's Houston office represented the landlord, TIAA-CREF, in the lease transaction. Clay Peeples and Andy Sowell of Houston-based Boyd Commercial represented the tenant, Smart Rags Recyclers.
DALLAS — CASE Commercial Real Estate Partners has formed a joint venture with Amicus Partners to launch Data Center Advisory Services. Senior managing directors Jeff Crawford, Chuck Smith and Jim Mangus of CASE's Dallas office are leading the new service line. The new entity will offer advice on technical, regulatory and compliance related issues, site selection, development, design, landlord representation, management, tenant representation and project investment opportunities. The new entity will handle compliance requirements, migration planning, virtualization initiatives, maintenance on aging facilities and equipment refresh cycles as it relates to data centers.
GLENDALE, ARIZ. – A 19,841-square-foot, built-to-suit office and industrial building in Glendale has sold to an entity formed by Ron Kaufman of The Ron Kaufman Companies for $4.29 million. The facility is located at 7103 W. Augusta Drive within the Northern Gateway Commerce Park. Boart Longyear has agreed to occupy the facility for at least 10 years. Cassidy Turley represented the buyer, the tenant and the seller, ViaWest Group, which developed the center.
MALVERN, PA. — Malvern-based Liberty Property Trust has sold a 49-property portfolio for $195 million. Included in the sale are single-story and mid-rise office buildings, as well as high-finish flex properties, in Wisconsin, Maryland, Virginia, North Carolina and New Jersey, totaling 2.5 million square feet. The properties are 83 percent leased.
PINELLAS PARK, FLA. — The 135,308-square-foot, five-building Cross Bayou Industrial Park, located at 10410-10450 66th St. N. in Pinellas Park, has sold for $2.75 million. Dennis Bush and Elliott Ross of Clearwater, Fla.-based The Ross Realty Group represented BB&T, the seller, in the transaction. Illinois-based Congaree River was the buyer.
MILWUAKEE — Bentley World Packaging has purchased a 40,000-square-foot industrial building, located at 9411 West Fond du Lac Ave. in Milwaukee, for an undisclosed amount. The packaging and assembly company plans to expand its business in the new space. Kevin Barry and Kurt Van Dyke of Cassidy Turley Barry's Milwaukee office represented the tenant in the transaction. Port Washington State Bank was the seller.
