HOUSTON — CyrusOne, a subsidiary of Cincinnati Bell, has acquired 175,000 square feet of data center space in Houston from owner and developer Panattoni Development Co. The acquisition includes the LEED-Silver building that CyrusOne currently occupies as well as an adjacent data center under construction. Stan Johnson Co. represented the seller in the transaction, and Dallas-based Lincoln Rackhouse represented the buyer.
Industrial
NORTH CHARLESTON, S.C. — Englewood, Colo.-based Triton Real Estate Holdings has acquired a 75,000-square-foot warehouse, located at 4100 Carolina Commerce Pkwy. in North Charleston, from KST Holdings for $3.5 million. Milton Thomas of Charleston-based Anchor Commercial/CORFAC International represented the seller in the transaction. Woody Kapp from Daniel Island, S.C.-based Meyer Kapp & Associates represented the buyer.
PEWAUKEE, WIS. — Pentair Residential Filtration, which provides water solutions and technical products, has leased 23,750 square feet of flex space in the Pewaukee Commerce Center II, located at N25W23040 Paul Road in Pewaukee. Jim Larkin and Tom Shephard in the Milwaukee office of Inland Cos. represented landlord the transaction.
CARTERET, N.J. — Prism Capital Partners has acquired a 230,000-square-foot industrial building at 700 Blair Rd. in Carteret for the purpose of relocating Berjé Inc.'s headquarters to the property from its Parkway Lofts site in Bloomfield, N.J. The move represents an expansion from Berjé, a distributor of essential oils and aromatic chemicals, and paves the way for the start of construction for Parkway Lofts, a multifamily adaptive reuse project. Prism purchased the building from BASF Corp. for an undisclosed amount.
HASLET — Invesco Real Estate has purchased a 747,528-square-foot Kraft Distrubution Center, an industrial property located in the Alliance Business Park at 2617 Blue Mound Rd. in Haslet. The property is fully leased to Kraft Foods. Jack Fraker and Josh McArtor of CBRE's Dallas office represented the seller, USAA Real Estate, in the transaction.
DALLAS — ValuePart has renewed and expanded its lease by 22,302 square feet, bringing the total lease to 84,567 square feet, at 9804 Chartwell in Dallas. The landlord, BRE/TX Industrial Properties, was represented by Cannon Green and Seth Koschak of Stream Realty's Dallas office in the lease transaction. Nathan Orbin and Ben Phillips of Jones Lang LaSalle's Dallas office represented the tenant.
LOUISVILLE, KY. — Louisville-based PRG Investments has negotiated the $1.2 million sale of a 37,000-square-foot industrial property, located in the Bluegrass Industrial Park in Louisville. Reed Weinberg and Fred Sutterlin of PRG Investments represented Republic Bank, the seller, in the transaction. The buyer was Wagner Mechanical.
RICHMOND, VA. — Teton Sales has purchased a 46,000-square-foot office/warehouse property, located at 3703 Carolina Ave. in Richmond, from 3703 Carolina Ave. LLC for $1.05 million. Franklin Bell of Cushman & Wakefield/Thalhimer's Richmond office represented the buyer in the transaction, and Chip Louthan of Richmond-based Grubb & Ellis/Harrison & Bates represented the seller.
LAKE ZURICH, ILL. — CB Richard Ellis has arranged the $1.89 million sale of a 57,541-square-foot warehouse, located at 340 E. Route 22 in Lake Zurich. Keith Puritz, Brett Kroner, Ryan Bain and Zach Graham of CBRE's Bannockburn, Ill. office represented the seller, Kavo Dental Technologies, in the transaction. The buyer was Morgan Bronze Products.
LIBERTYVILLE, ILL. — Laser Precision, a company that uses laser technology for fabrication, has leased 30,345 square feet of warehouse space at 1400 Harris Rd. in Libertyville. Keith Puritz, Brett Kroner, Ryan Bain and Zach Graham of CB Richard Ellis represented both the landlord, McShane Liberty Point, and the tenant in the transaction.