CHARLESTON, S.C. — 484 King St. LLC has sold an 18,000-square-foot warehouse and showroom, located at 482 King St., 484 King St. and 83 Mary St. in Charleston, for $3.5 million. Richard Morse of Palmetto Commercial Properties represented the seller in the transaction. Bill Edlund, also of Palmetto Commercial Properties, represented King Street Enterprises, the buyer.
CHARLOTTE, N.C. — Capital Advisors has arranged $3.95 million in refinacing for the 158,231-square-foot Conbraco Industrial Building, located at 701 Matthews-Mint Road in Charlotte. Ridge Stafford of Capital Advisors arranged the 25-year, fully amortizing loan through Standard Insurance Co.
MOORESVILLE, IND. — McShane Construction Co. has been selected to provide the design/build construction services for a warehouse and office addition for PacMoore Corp., located at 100 PacMoore Parkway in Mooresville. The 99,100-square-foot expansion broke ground at the PacMoore Process Technologies facility. The project will include an 87,500-square-foot expansion to the existing warehouse and a two-story, 11,600-square-foot office addition. PacMoore specializes in dry food processing and packaging. The warehouse phase of the project is scheduled for completion in October, followed by the completion of the office addition in January 2013.
FRESNO, CALIF. – Traffic Management from Southport Land & Commercial Co. has leased a 20,000-square-foot industrial building in Sacramento. It is located at 5317 E. Home Ave. The sale was executed by Ron Stoltenberg and Ethan Smith of Grubb & Ellis/Pearson Commercial.
CARTERSVILLE, GA. — voestalpine Metal Forming plans to build a $62 million manufacturing facility at the 707-acre Highland 75 development, a master-planned industrial/corporate park located in Cartersville. The facility will be the first in the United States for the Australia-based company, and will create approximately 220 jobs. Highland 75 is a collaboration between Bartow County, the city of Cartersville and the Bartow-Cartersville Joint Development Authority.
RANTOUL, ILL. — Easton-Bell Sports Inc. has started construction of a new 800,000-square-foot distribution and assembly center in Rantoul. The sports equipment and accessory maker plans to consolidate its current operations into one facility. The center is scheduled for completion in late 2013. The building will handle products under the company's Bell, Blackburn, Easton Cycling, Giro and Riddell brands.
FAIRFIELD, OHIO — P&R Honeymoon has purchased a 226,000-square-foot manufacturing and distribution building at 7100 Dixie Highway in Fairfield for $2.7 million. The food service packaging company plans to use the facility to manufacture packaging materials. The facility features 15,500 square feet of office space, 24 truck docks and a five-ton bridge crane. Rob Gemerchak and Jim Medbery of Binswanger represented the seller, Pella Corp., in the transaction.
SABINA, OHIO — Fenner Dulop Conveyor Systems and Services has signed a 32,200-square-foot lease at a warehouse facility at 277 Kenyon Drive in Sabina. Fenner Dunlop supplies conveyor belts to mines and rock quarries across the globe. More than 25 employees will move to the new facility. Tim Echemann of Industrial Property Brokers represented both parties in the transaction.
MILWAUKEE — Manesis Transportation, a company that specializes in equipment and large product transportation, has purchased a 20,604-square-foot industrial building at 4600 West Mitchell St. in Milwaukee. The company plans to use the facility to store equipment and products for its customers. Maximilian Yokosh of Cassidy Turley represented the buyer in the transaction. Rand Wolf of CBRE Group represented the seller, Hennes Services.
GARLAND — Westmount Realty Capital has purchased Garland Business Park, a 1.13 million-square-foot distribution and warehouse center located at 2600 McCree Road in Garland, near Dallas. The dry storage and freezer/cooler center is situated on a 66-acre, rail-served site. Westmount plans to rebrand the center as Garland Logistics Park and spend approximately $12 million in improvements during the next three years. The center is currently 70 percent leased to national and regional tenants. David Sours, Kevin Kelly and Jack Fraker of CBRE Group represented the seller in the transaction, and Sours and Kelly will be the new leasing brokers for the project.