CHELMSFORD, MASS. — KS Partners has signed Airvana Inc. to a lease renewal for 63,220 square feet and Krueger Food Labs to an 11,411-square-foot lease at 19-21 Alpha Rd. in Chelmsford. Peter Richardson and Troy Coady of Jones Lang Lasalle represented KS Partners, the landlord, in both transactions. John Wilson of Richards Barry Joyce represented Airvana Inc. Micah Stubblebine of the Stubblebine Co. represented Krueger.
ARLINGTON — Southwire Co. has leased 242,370 square feet of industrial space at Arlington Commerce Center, located at 4925 New York Ave. in Arlington. Allen Gump and Noel Hutcheson of Colliers International's Dallas office represented the tenant in the lease transaction. John Leinbaugh of Industrial Developments International's Dallas office represented the landlord.
NORTH EAST, MD. — Restoration Hardware has signed a 1.2 million-square-foot industrial lease for a facility at Trade Center 95, located off Interstate 95 and Highway 40 in North East. The company will move into an existing 600,000-square-foot building in January 2012. Adjacent to the structure, Atlanta-based Weeks Robinson will build an additional 600,000-square-foot facility, which is slated for completion in the fall of 2012. Carl Mullis of CBRE's Atlanta office represented the tenant in the lease transaction and Weeks Robinson, the landlord was self-represented by Forrest Robinson.
LOVE PARK, ILL. — Meridian Design Build has completed construction of a 100,000-square-foot, build-to-suit industrial building in Love Park, near Rockford, Ill. The project will serve as a warehouse and distribution facility for Danfoss Drives, a privately held global company that manufactures and sells variable speed drives. Venture One Real Estate was the project developer. The project team also included Heitman Architects and Jacob & Hefner Associates.
STAFFORD — Sugar Land-based ICO Commercial has brokered the sale of the 84,828-square-foot Park Murphy Condominiums, an 11-building industrial portfolio, located at 12802-12834 Murphy Rd. in Stafford. Mike Gornek of ICO Commercial represented the seller, the original developer Park Murphy LLC, in the transaction.
SEBASTAPOL, CALIF. — Lucent Capital has arranged a $23.5-million construction loan for The Barlow, a 216,000-square-foot, adaptive-reuse project in Sebastapol. The loan has an initial two-year term with an option to extend. Highway Partners, LLC plans to begin construction on The Barlow in December. The first phase includes the renovation of a 121,000-square-foot industrial park and farmer's cooperative. The second phase will include 95,000 square feet of new development. The project should be completed in summer 2012. It is 78 percent pre-leased and will be anchored by Kosta Browne Winery.
SANTA CLARA, CALIF. — The Packard Humanities Institute has purchased a 49,500-square-foot industrial building in Santa Clara for $3,861,000. The non-profit foundation plans to occupy the entire building, which resides at 700 Nuttman Street. Scott Borgia with Cassidy Turley represented the seller, Laurel Industrial Park Associates, in this transaction.
WAUKEGAN, ILL. — LIT Industrial Limited Partnership has renewed a 26,040-square-foot lease at 3250 N. Oak Grove Ave., an industrial property in Waukegan, Ill. Keith Puritz, Ryan Bain, Brett Kroner and Zach Graham represented the landlord, Ecologic Industries, in the transaction. They also represented LIT Industrial in the deal.
UPPER MACUNGIE TOWNSHIP, PA. —SunOpta Food Inc. has signed a long-term lease for 101,250 square feet of industrial space at 7108 Daniels Dr. in Upper Macungie Township. The company plans to use the facility to produce a range of organic fruit-based consumer packaged products. Stephen Bonge and Timothy Brogan of Grubb & Ellis represented the landlord, J.G. Petrucci Co., in the transaction. Michael Treacy and Joshua Levin of Binswanger represented SunOpta.
NEWMARKET, N.H. — Hagan Design and Machine Inc. has leased 24,000 square feet of industrial space at 2 Forbes Rd. in Newmarket. David Choate of the Portsmouth office of Grubb & Ellis represented the tenant in the transaction. Brandt Atkins of New Hampshire Real Estate represented the landlord, NIP-Lot 6 LLC. Hagan is a full-service electrical discharge machining service center.