MCKINNEY — Segars McKinney has purchased a 70,200-square-foot industrial property, located at 1720 Bray Central in McKinney, from JPMorgan Chase. Holmes Davis of Binswanger's Dallas office represented the buyer in the transaction. Eric Deuillet and Bob Kent of Structure Commercial represented the seller.
ARLINGTON — Lee & Associates has arranged a 50,888-square-foot flex lease, located at 2300 E. Randol Mill Rd. in Arlington. Mark Graybill and Donnie Rohde of Lee & Associates Dallas/Fort Worth office represented the landlord, RREEF Asset Management, in the lease transaction. Ken Boyd with Dallas-based Jackson & Cooksey represented the tenant, Petmate.
CARTERSVILLE, GA. — Aquafil USA has signed a 234,031-square-foot warehouse/distribution lease, located at 101 Friction Dr. in Cartersville. Mike Powell of Atlanta-based NAI Brannen Goddard represented the tenant in the lease transaction. James Belcher and Brian Bird of Hart Corp.'s Marietta, Ga., office represented the landlord, Morse Automotive Corp.
TAMPA, FLA. — Wurth Wood Group has signed a 46,000-square-foot office/warehouse lease, located at 5100 W. Hanna Ave. in Tampa. Craig Capo and John Ayers of Tampa-based Industrial Property Group represented the tenant in the lease transaction. Rian Smith of Cushman & Wakefield's Tampa office represented the landlord, Hanna Warehouse Partners.
BOLINGBROOK, ILL. — Tyco Valves & Controls, a manufacturer and supplier of valves, actuators and controls, has leased 40,181 square feet of industrial space at 605 Territorial Dr. in Bolingbrook. Terry Grapenthin and Joshua Hearne of Cawley Chicago Commercial Real Estate represented the landlord, KTR Capital Partners, in the transaction. Keith Puritz of CBRE's Bannockburn, Ill. office represented Tyco in the deal.
MONTGOMERY, ILL. — Atlanta-based IDI has completed a 296,620-square-foot lease renewal with a third-party logistics provider at 2001 Baseline Rd. in Montgomery. The tenant, which entered the location in 2007, uses the industrial space for staging, light assembly and quality control of parts for the company's U.S. operations. Matthew Stauber of the Rosemont, Ill. office of Colliers International represented the tenant in the transaction. Jeff Lanaghan of IDI's Chicago office represented IDI in the deal.
KING OF PRUSSIA, PA. — An affiliate of Endurance Real Estate Group has acquired Drew Court, located at 420 and 440-488 Drew Court in King of Prussia, for $9.2 million. The property includes two warehouse buildings totaling 149,906 square feet, which are fully leased. Michael Hines, Robert Fahey and Michael Blunt of CBRE's Philadelphia office represented the seller, Ajax Drew Court Investors, in the transaction. The buyer represented itself.
STROUDSBURG, PA. — Michael Baxter & Associates Commercial Real Estate and Property Management has closed the $675,000 sale of Lock-Tyte Storage, located on Route 209 in Stroudsburg, Pa. Lock-Tyte includes 130 units with 39,000 square feet of space for residential and commercial storage. Michael Baxter of Michael Baxter & Associates secured the buyer, a private investor. Baxter and Daniel Perich represented the seller.
FORT WORTH — Cushman & Wakefield of Texas has arranged the sale of a 14,674-square-foot industrial property, located at 1315 Riverside Dr. in Fort Worth. Pete Richardson and Drew Richardson of Cushman & Wakefield's Dallas office represented the buyer, Hearthstone Properties, in the transaction. The pair also negotiated the buyer's lease transaction with Houston-based TNT Crane & Rigging, the new tenant. Bob Scully of CBRE's Fort Worth office represented the seller, Bright Truck Leasing.
ANAHEIM, CALIF. — A 37,041-square-foot industrial building in Anaheim has sold to an unnamed buyer for $4 million. Scott Seal and Luke Hudon of Lee & Associates represented the buyer. Chris Migliori of DAUM’s Orange County office represented theseller, Newport Hill Corporation, in this transaction.