OAK CREEK, WIS. — American Tire Distributors has signed a leased for 120,000 square feet of industrial space in a facility currently under construction at 340 Mahn Ct. in Oak Creek. Samuel Dickman, Sr., and Samuel Dickman, Jr., of Milwaukee-based The Dickman Co./CORFAC International represented the tenant in the transaction. The landlord for the property is Mahn Court ATD.
CHEEKTOWAGA, N.Y. — Colliers International has secured $38 million in refinancing for AppleTree Business Park at 2875 Union Rd. in Cheektowaga. AppleTree’s four buildings span 426,950 square feet. Tenants include AT&T Mobility, TimeWarner NY Cable and Empire State College. Goldman Sachs Commercial Mortgage Capital provided the 10-year, fixed rate loan for AmCap, Inc., the borrower. Kevin Phelan and Jeffrey Black of Collier’s Boston office represented AmCap in the transaction.
DALLAS — Lee & Associates has arranged the sale of a 20,250-square-foot industrial building in Dallas. Kurian Holdings has purchased the site located at 10847 Sanden Dr. George Tanghongs and Brett Lewis of Lee & Associates represented the seller, Sanden Box Properties, and Debi Carter of Hudson Peters Commercial represented Kurian.
MIAMI — Denver-based DCT Industrial Trust has acquired 14.68 acres of land in the Doral/Airport submarket from Jacksonville, Fla.-based Everbank for $6.26 million. DCT Industrial plans to develop industrial distribution space available for lease. The company closed on the two-parcel property in July with the second phase scheduled to close by the end of the year. David Albert, Devin White and Ronald Marrero of CB Richard Ellis' Miami office negotiated the transaction of the bank-owned asset on behalf of the buyer.
LYONS, OHIO — Binswanger has arranged the sale of a 50,954-square-foot industrial building located at 7346 State Highway 120 in Lyons. Ahilleas Enterprises purchased the property from DriveSol Worldwide. Rob Gemerchak of the firm's Sylvania, Ohio, office was the sold broker in the transaction.
ORION TOWNSHIP, MICH. — Kensington Church has purchased a 71,752-square-foot industrial building, located at 4640 S. Lapeer Rd. in Orion Township, from Fidelity Bank for $1.65 million. The building will be renovated to include a 1,500 seat auditorium for the church. Mason L. Capitani and Garry Rogers of Troy, Mich.-based L. Mason Capitani/CORFAC International represented the seller in the transaction.
DEVENS, MASS. — Quiet Logistics has leased 200,000 square feet of industrial space at 66 Saratoga Blvd. in the Devens Industrial Park in Devens. The 66 Saratoga building, now fully occupied, is comprised of 420,000 square feet of industrial and office space. The site will serve as Quiet Logistics’ distribution center. John Lashar, Paul Leone and James Lipscomb, all of Richards Barry Joyce & Partners, represented the landlord, CrossHarbor Capital Partners. Klemmer Associates’ Greg Klemmer and Tim Brodigan represented Quiet Logistics in the lease.
FONTANA, CALIF. – A 410,000-square-foot, Class A industrial warehouse in Fontana that is currently leased by Anna's Linens has been purchased for about $25 million by 10721 Jasmine LLC. The facility, which includes a 20,000-square-foot office space, is used by the retailer as a centralized distribution center for the Western United States. Jeff Cannon, corporate managing director, and associate Paul Jones of Studley’s Southern California Industrial Services Group represented 10721 Jasmine. Colliers' Tom Taylor and Steve Bellitti represented the seller, BlackRidge Real Estate Group.
INDIANAPOLIS — Welsh Property Trust has acquired a 741,092-square-foot industrial building, located at 3003 Reeves Rd. in Indianapolis, for an undisclosed price. The building, which contains 36-foot clear ceilings, cross-dock capabilities and more than 300,000 square feet of future expansion potential, is fully leased to Redcats USA.
MILWAUKEE — Semco has sold a 95,500-square-foot industrial property, located at 11225 W. Heather Ave. in Milwaukee, to 11225 Heather, LLC, for an undisclosed price. Sam Dickman, Jr., and Sam Dickman, Sr., of Milwaukee-based The Dickman Co./CORFAC International represented both the buyer and the seller in the transaction.