FENTON, MO. — Control Devices LLC, a leading valve manufacturer, has signed a lease for a 98,949-square-foot office/warehouse building, located at 155 Larkin Williams Dr. in Fenton. Partick Reilly of Gateway Commercial, Cushman & Wakefield Alliance represented the tenant in the lease negotiations. The Johnson Group represented the owner, TJC Partners LLC.
MARYLAND — Scott Group has sold a four-property industrial portfolio totaling 192,900 square feet in Maryland to Korth Construction. The properties include the 75,000-square-foot Crain Centre in Glen Burnie; the 16,500-square-foot Dunmore Building in Capitol Heights; the 54,400-square-foot Ritchie Business Center in Capitol Heights; and the 47,000-square-foot Rainswood Building in Landover. Christopher Kubler of NAI KNLB's Columbia, Md., office represented the seller in the transaction and the buyer was self-represented.
THE WOODLANDS — Stream Data Centers has plans to construct a 72,500-square-foot data center on a 7.6-acre tract it recently acquired in The Woodlands. Stream is developing the property for LEED Gold certification and is naming it the Houston Private Data Center. Construction is slated to commence in February and be finished by December 2012.
CHARLOTTE, N.C. — Malvern, Pa.-based Liberty Property Trust has acquired the 270,400-square-foot Charlotte Distribution Center South, located at 8910 & 8916 Pioneer Ave. in Charlotte. The two-building property is 100 percent leased to tenants including FedEx Smart Post and Premier Transportation & Warehousing. The company also acquired a 9.5-acre pad site located in front of Charlotte Distribution Center South for future development of a 105,000-square-foot industrial facility.
HIALEAH, FLA. — Bullet Line has signed a 475,000-square-foot industrial lease at Centergate at Gratigny, located at 6301 E. 10 Ave. in Hialeah. Wayne Schuchts and Ed Lyden of Flagler Real Estate Services' Coral Gables, Fla., office represented the landlord in the lease transaction. James Nolan of Butters Realty, along with Wayne Ramoski of Cushman & Wakefield's Miami office, represented the tenant.
NASHUA, N.H. — Israeli-based investor, B.U.L.U. LLC has purchased a 78,000-square-foot flex/manufacturing building, located at 24 Simon St. in Nashua. The building is fully leased to Axysys Technologies, an imaging and optical systems manufacturer. Andrew Sandquist of CBRE Capital Markets Group represented the seller, Hampshire Co., in the transaction.
FORT WORTH — High Street Equity Advisors has purchased a 104,989-square-foot industrial building, located at 5401 Alliance Gateway in Fort Worth. Todd Hubbard of NAI Robert Lynn represented the seller, 1085 Partnership Ltd., in the transaction.
JUSTIN — SkyWalker Property Partners has purchased a 43,259-square-foot, six-building industrial complex, located at 9534 Industrial Rd. in Justin, from Valliance Bank. Renee Efimoff of Arlington-based SCM Real Estate Services represented the buyer in the transaction. Michelle Hudson of Dallas-based Hudson Peters Commercial represented the seller. Jeff Givens and Todd Hawpe of Transwestern Dallas have been retained to market the property.
VALENCIA, CALIF. – All Body Fitness has signed a 62-month lease for a 36,498-square-foot industrial building in Valencia. The building is located at 28328 W. Witherspoon Parkway and was built in 2000. All Body Fitness was represented by Trevor Gale of Beitler Commercial. Dennis Marciniak andLarry McEwan of DAUM’s San Fernando Valley office represented the landlord, Young Generation Video.
PENNSAUKEN, N.J. — National Gypsum Co. has sold a 275,517-square-foot warehouse/prodution building at 175 DeRousse Ave. in Pennsauken. The buyers, New Mill Capital and Global Equipment, plan to use the facility for equipment storage and will offer space for lease. Marc Policarpo of the Philadelphia office of Binswanger represented the seller in the transaction.