HOUSTON — Transwestern has brokered the sale of the 315,120-square-foot Satsuma Distribution Center, located at 9020 Jackrabbit Rd. in Satsuma Station Industrial Park in Houston. The property features tenants such as Mahindra USA. John Nicholson of Transwestern's Houston office represented the buyer, KTR Capital Partners, in the transaction. Jeff Everist and Gray Gilbert of CBRE's Houston office represented the seller, an affiliate of Houston-based Pinpoint Commercial.
AUSTIN — ABKOT Properties, a subsidiary of San Antonio-based Kotel Investment, has acquired a 15,900-square-foot industrial facility, located at 13802 Turbine Dr. in Austin, for an undisclosed price. The property is currently occupied by CenTex Door & Frame. Kotel was self-represented in the transaction, and Mark Minchew of RE/MAX's Austin office represented the seller.
CHINO, CALIF. — AMCOR Rigid Plastics USA has subleased a total of 350,660 square feet at two industrial facilities in Chino. NFI Network Logistics Solutionshas agreed to sublease 200,000 square feet at 4281 Edison Ave. for nine months, and 150,660 square feet at 4361-4371 Edison Ave. for 13.5 months. These subleases brought both warehouses to fully occupancy. AMCOR was represented by Walt Chenoweth, Frank Geraci, Patrick Wood and Juan Gutierrez of Voit’s Inland Empire office, along with Greg Kloiber of TG Corporate Real Estate Advisors. NFI was represented by Chuck Belden of Cushman & Wakefield.
STERLING, VA. — Boston-based New Boston Fund has completed a 178,234-square-foot build-to-suit, located in TransDulles Centre at 22640 Davis Dr. in Sterling, on behalf of Cedar Rapids, Iowa-based Rockwell Collins. The building is 47 percent office space and 53 percent manufacturing space. Rockwell Collins will consolidate several of its facilities to the new property, which will serve as its regional headquarters. Brian Coakley of Donohoe Real Estate's Washington, D.C., office represented the tenant in the lease transaction, and Neil Alt of Lincoln Property Co.'s Washington, D.C., office represented the landlord.
BUFORD, GA. — R.N.C. Industries has signed a 192,780-square-foot industrial lease, located at Building I in Hamilton Mill Business Center at 2510 Mill Center Pkwy. in Buford. The lease brings Building I to full occupancy. R.N.C. will relocate to the property from its current 110,000-square-foot space in Lawrenceville, Ga. Trip Ackerman of Lee & Associate's Atlanta office represented the tenant in the lease transaction, and the landlord, Atlanta-based IDI, was self-represented by Lisa Ward.
CUDAHY, WIS. — The Milwaukee office of Opus Development Corp. has completed a 55,000-square-foot dry storage facility and connecting corridor on the site of the fire-damaged Partick Cudahy Inc. plant in Cudahy. Patrick Cudahy, the nation’s largest meat-packing plant, was severely damaged in a fire that took place in July 2009. Although many of the buildings within the Patrick Cudahy campus were salvaged, a major section of the plant required complete demolition and rebuilding. Patrick Cudahy began working with Opus beginning in July 2009 to assess the structural damage and to assist with the implementation of interim building solutions.
GLENDALE, WIS. — OnCourse Information Services, a Milwaukee-based document management company, has renewed its 10,800-square-foot flex lease at the Glendale Business Center, located at 6575 N. Sidney Place in Glendale. Steve Sewart of the Milwaukee office of Inland Cos. represented OnCourse in the transaction. Brian Parrish of the Dickman Co. represented the landlord, Hakaduli Properties LLC.
ROSEMOUNT, MINN. — Binswanger has brokered the sale of a one-story, 129,118-square-foot industrial building at 15197 Boulder Ave. in Rosemount for an undisclosed amount. The buyer, Photo Labs, specializes in custom machined parts and injection molded parts and plans to use the facility for Protomold and Firstcut services. Gerry Norton of Binswanger's Minneapolis office represented the seller, Webb Properties, in the transaction.
DALLAS — Dallas-based Richard E. Colgin Co. has acquired an 85,000-square-foot industrial facility, located at 4111 Mint Way in Dallas' Redbird Industrial Park. Jim Ferris of Bradford Commercial Real Estate's Dallas office represented the buyer in the transaction. Scott Jackson of Farmers Branch-based Hudson Peters Commercial Real Estate represented the seller, ABG Partners.
REDLANDS, CALIF. — Mountain View Industrial Center, a 327,084-square-foot, Class A warehouse/distribution center in Redlands, has sold to Industrial Income Trust. The seller, Canyon Capital Realty Advisors, was represented by Jeffrey Cole, Jeff Chiate, Michael Ma, David Hasbrouck, Ed Hernandez and Phil Lombardo of Cushman & Wakefield.
