BURLINGTON, MASS. – Dyax Corp. has signed a 45,000-square-foot, 10-year lease in the 933,000-square-foot Network Drive at Northwest Park, located at 55 Network Dr. in Burlington. Dyax is moving its corporate headquarters to the space from Cambridge, Mass. Peter Bekarian and Bryan Sparkes of Jones Lang LaSalle represented the tenant, while Tamie Thompson and Tyler Spring of Jones Lang LaSalle represented the landlord, Nordblom Co.
Industrial
YORBA LINDA, CALIF. – A 30,992-square-foot industrial building located at 22951 E. La Palma Ave. in Yorba Linda has sold for $3.2 million. Chris Migliori out of DAUM Commercial Real Estate Services’ Orange County, Calif., office represented the sellers, Kenneth and Cheryl Meadows. The buyer was represented by Associate Commercial Brokers.
RIVERVIEW, FLA. — VF Imagewear has signed a 220,000-square-foot, full-building lease at Oak Creek I, located at 8221 Eagle Palm Dr. in Riverview. Rick Narkiewicz of CB Richard Ellis' Tampa office represented the landlord in the transaction and John Jenkins, also of CBRE's Tampa office, represented the tenant.
MINNEAPOLIS — Milwaukee-based RFP Commercial has negotiated the $9 million sale of a 229,501-square-foot industrial property, located at 2801 Pacific St. N. in Minneapolis. Greenheck Fan purchased the property from LCM Funds. Scott Revolinski and Ben Adank of RFP represented both parties in the transaction.
MENOMONEE FALLS, WIS. — Kuehn Rubber Corp. has purchased a 34,000-square-foot industrial building, located at N51W13251 Brahm Ct. in Falls Business Park in Menomonee Falls, from Harris Mid America Holdings for $1.1 million. Kevin Berry of Milwaukee-based Cassidy Turley Barry represented the buyer in the transaction. Bill Quinlivan and Brian Schroeder of Siegel-Gallagher's Milwaukee office represented the seller.
CHESAPEAKE, VA. — Communications Test Design has signed a 72,558-square-foot lease at the Indian River Distribution Center, located at 2601 Indian River Rd. in Chesapeake. Bobby Phillips of Cushman & Wakefield — Thalhimer's Newport News, Va., office, and Patrick Mumey of the firm's Virginia Beach, Va., office represented Ashley Capital, the landlord, in the lease transaction. Pennsylvania-based Jackson Cross Partners and S.L. Nusbaum Realty Co. represented the tenant.
MENOMONEE FALLS, WIS. — RJ Schinner Co. has purchased a 160,000-square-foot industrial building, located at N89W14700 Patrita Dr. in the Menomonee Falls Industrial Park in Menomonee Falls, from Maysteel for $5 million. James Young of Milwaukee-based Cassidy Turley Barry represented the buyer in the transaction and Sam Dickman, Sam Dickman, Jr., and Anthony Huenerbein of Milwaukee-based The Dickman Co. — CORFAC International represented the seller.
DORAL, FLA. — Pas Cargo has signed an 85,000-square-foot lease at the 174,024-square-foot Doral Logistics Center, located at 2900 N.W. 112th Ave. in Doral. Walter Byrd, Ben Eisenberg and Thomas Kresse of Transwestern's Miami office represented the landlord, Seagis Property Group, in the transaction. Audley Bosch of Cushman & Wakefield's Miami office represented the tenant.
MISSOURI CITY — SouthWest Electronic Energy Group has purchased a 5.15-acre site within Lakeview Business Park, located at 823 Buffalo Run in Missouri City. SouthWest Electronic is planning on developing a 52,000-square-foot industrial facility which will serve as the company's corporate headquarters. Alexander Reilly and Bo Petti of Houston-based Boyd Commercial represented the seller, Trammell Crow Co., while Larry Indermuehle and Lang Motes of Sugar Land-based Indermuehle & Co. represented the buyer.
SAN BERNARDINO, CALIF. — The 1.4-million-square-foot Cajon Distribution Center in San Bernardino has sold to Invesco Real Estate for an undisclosed sum. The Class A space is fully leased by Hewlett Packard. It was sold by a partnership that includes Westcore Properties, CT Realty Investors, PCCP, LLC and Behringer Harvard. CBRE’s Darla Longo and Barbara Emmons represented both the buyer and the seller in this transaction.