SUGAR LAND — An investment partnership has purchased the 30,000-square-foot Voss Road Storage at 15492 Voss Rd. in Sugar Land. The undisclosed seller was represented by Neil Martin and Taylor Schmidt of the Finial Group, and the buyer was represented by Eric Smith and Peter Meyer of Self Storage Brokers of America.
Industrial
BREA, CALIF. — SAME Investments LLC has purchased a 99,552-square-foot industrial warehouse in Brea. The company plans to operate its screen printing business at the facility, which is located at 333 Cliffwood Park Street. SAME was represented by Joseph Miller and Stan Kwak of Voit’s Anaheim office. CBRE’s Sean Ward, Ben Seybold and Shin Kim represented the seller, Kirkhill-TA Co.
SUNNYVALE, CALIF. — Asante Solutions has leased 28,322 square feet of R&D space at 352 Java Drive in Sunnyvale. The medical device company will be relocating in late November from the 11,846 square feet it currently occupies at nearby 1012 Stewart Drive. Asante was represented by Marne Michaels of Colliers International in this transaction.
FORT MYERS, FLA. — Chico's Retail Services has purchased a 33,000-square-foot industrial building, located at 10995 Metro Pkwy. in Fort Myers, from CDW 10995 Metro Parkway, LLC, for $2.5 million. Randal Mercer of CBRE's Fort Myers office represented the seller in the transaction, and Allan Fox of Commercial Property Management represented the buyer.
LYNDHURST, N.J. — Relevant Partners LLC, a New York-based experiential firm, has leased 22,000 square feet at Meadowlands Distribution Center, located at 1275 Valley Brook Ave. in Lyndhurst, N.J. Cushman & Wakefield's Stephen Elman and Robert Adams represented Relevant Partners in negotiating the long-term lease. Jeff Chaus of Chaus Realty was the broker for ProLogis, the property's owner. Relevant Partners will relocate its regional warehouse to the property from New Jersey this fall.
CITY OF INDUSTRY, CALIF. — A 96,888-square-foot industrial warehouse in the City of Industry has sold to Asia Direct for $8.24 million. The furniture importer plans to use the warehouse for its new headquarters, which is currently based in Commerce, Calif. Asia Direct was represented by Brian McLoughlin and David Fults of Voit’s Commerce office. The seller, Overton Moore Properties, was represented by Cushman & Wakefield.
HUNTERSVILLE, N.C. — A 559,750-square-foot industrial facility, located at 12801 Jamesburg Dr. in Huntersville, has sold for $22 million. An affiliate of AREA Property Partners purchased the property from an undisclosed seller, represented by David Allen and Dunn Mileham of Trinity Partners. National credit tenants Aaron's, Inc. and Pactiv Corp. fill the 89 percent occupied building, which was originally built to serve as the distribution facility for Philip Morris' Cabarrus manufacturing facility.
CORAL SPRINGS, FLA. — Tremblay Properties has purchased a 46,752-square-foot warehouse, located at 4150 N.W. 120th Ave. in Coral Springs, from Commerce Center of Coral Springs for $3 million. Les Byron of Sperry Van Ness' Fort Lauderdale, Fla., office represented the buyer in the transaction, and Tim Cross of Coral Springs-based Syndicon Realty represented the seller.
CANTON, MASS. — Boston-based Eagle Bridge Capital has arranged $2.7 million in permanent mortgage financing for 115 Shawn Rd. in Canton, Mass. Located in Shawmut Industrial Park, the building is a 55,000-square-foot multi-tenant warehouse/distribution building. The property is fully leased to Analog Devices, Delta Beckwith and Akers Industries. The mortgage financing was arranged for JPerll Associates by Ted Sidel and Brian Sheehan and was provided by a regional financial institution.
FORT WORTH — Harvey, La.-based Hydradyne Hyrdraulics has purchased a 171,065-square-foot industrial building, located at 4301 Empire Rd. in Fort Worth. Tom Walrich, Mark Graybill and Donnie Rohde of Lee & Associates' Dallas office represented the seller, Scottsdale, Ariz.-based Harmony Asset Management, in the transaction. Dave Anderson of CBRE's Dallas office represented the buyer.