INDIANAPOLIS — Trinity Metals has purchased the former Smurfit Stone corrugated container facility located at 6400 English Ave. in Indianapolis. The buyer plans to use the 120,000-square-foot facility as its new headquarters. Mark Writt of the Indianapolis office of CB Richard Ellis represented the seller, Covington Capital Corporation. The acquisition price was not disclosed.
Industrial
MUNDELEIN, ILL. — Larsen Manufacturing has acquired a 56,640-square-foot industrial building located at 1201 Allanson in Mundelein. The company plans to relocate its operations to the building. Whit Heitman of Paine/Wetzel • ONCOR International represented the buyer. Coldwell Banker Commercial represented the seller, a private investor.
ST. LOUIS — Gratiot Properties has purchased a 30,000-square-foot industrial building located at 711 S. Theresa Ave. in St. Louis from STAJO Iron & Metal. William Barnes of Coldwell Banker Commercial represented the buyer, and Solon Gershman represented the seller.
FORT WORTH — Dallas-based CASE Commercial Real Estate Partners has acquired Fort Worth-based MINKERTRAHANT & Associates, a commercial real estate firm specializing in office and industrial tenant representation, project leasing and brokerage services. The leadership of Richard Minker, CCIM, and Tyler Trahant has joined CASE Commercial. The acquisition of MINKERTRAHANT & Associates expands CASE Commercial's area of tenant representation and self storage brokerage within one of its core Texas service markets. It will complement the leasing and management services already offered through its Fort Worth office. Richard Minker, formerly chief executive officer of MINKERTRAHANT & Associates, brings more than 31 years of experience and specializes in tenant representation, project leasing and self storage brokerage. Meanwhile, Tyler Trahant, formerly president of MINKERTRAHANT & Associates, will serve as the managing director and city leader for CASE Commercial's Fort Worth office. Trahant specializes in office and industrial leasing, sales and self storage brokerage.
EASTON, MD. — G2 Properties has purchased 200,000-square-foot former Cenveo building, a flexible manufacturing/warehouse space, and 12 acres of land in Easton from Cenveo Corp. for $3 million. The redevelopment project, named Achievement Park, includes an extensive medical-grade office overhaul. Bradley Gillis and Joey Gilkerson of Sperry Van Ness | Miller Commercial Real Estate's Salisbury, Md., office represented the buyer. New York-based Corporate Properties represented the seller.
YORK COUNTY, PA. — LKQ Corp. has signed a lease for 108,160 square feet at an industrial building, located at 275 Cross Farm Lane in York County, Pa. Jospeh McDermott and Vincent Ranalli of CB Richard Ellis' Industrial Services' Wayne, Pa., office represented the tenant and Henry Steinberg represented the landlord, Exeter Property Group.
IRVINE, CALIF. — Lee & Associates has sold a 15,436-square-foot industrial building to Canaan Irvine Spectrum for $3.1 million. The property contains modifiable office space and 436 square feet of warehouse space. Lee & Associates' Chuck Hardy, Mark Jerue and Craig Fitterer represented the seller, East Irvine Partners. Ryan Campbell of Grubb & Ellis and Amy McNamara of Coldwell Banker represented Canaan Irvine Spectrum.
ORLANDO, FLA. — CB Richard Ellis' Debt & Equity Finance has secured an $11.5 million loan for the 255,499-square-foot CrownPointe 5 & 6, a two-building industrial development located on Kingspointe Boulevard in CrownPointe Commerce Park. Kevin Troy and John Farrell of CBRE's Atlanta office arranged the financing through PNC Real Estate Finance. Tenants of the 89 percent-leased property include Tire Centers, Tri-anim Health Services, G&K Services, Mohawk Industries, Europa Sports Products and Margaritaville Enterprises.
JACKSONVILLE, FLA. — Kaman Aerospace Corp. has signed a 100,800-square-foot lease at a 280,000-square-foot industrial building, located at 780 Whittaker Rd. in Jacksonville. Industrial Park Development Corp. is the landlord of the building. Jeff Graham of King Industrial Realty of Florida/CORFAC International represented the tenant in the transaction.
LOS ANGELES — The Magellan Group has purchased a 235,000-square-foot industrial manufacturing building in San Bernardino, CA, for $5.5 million. The group plans to invest $1 million in building improvements, which should be complete in about four months. The property was purchased with equity partner Penwood Real Estate Investment Management. Finn Comer and Vince Anthony of Lee and Associates represented The Magellan Group in the transaction.