BUENA PARK, CALIF. — Commerce Center at Buena Park, a two-building industrial/cold storage facility, has sold to an undisclosed buyer for an undisclosed sum. The 84,600-square-foot building at 6625 Caballero Blvd. is fully leased to Legacy Farms, while the 140,000-square-foot building at 6535 Caballero Blvd. is fully leased to Fresh Food Concepts. CBRE’s Darla Longo, Barbara Emmons, Art Rasmussen and Rick McGeagh represented both the buyer and the seller, a joint venture between affiliates of Westcore Properties and Dune Real Estate Partners LP, in this transaction.
SAN ANTONIO — Kotel Investments has purchased a 40,330-square-foot industrial property, located at 12066 Starcrest Drive in north central San Antonio. The property consists of five tenants, including Soccer Factory and Ducati of San Antonio. Joshua Swank of Alamo Real Estate Brokers represented the buyer in the transaction.
AUSTIN — Oxford Commercial has arranged the lease of 31,298 square feet of industrial space at Tuscany 2, located at 9011 Tuscany Way in Austin. Joe Brockman of Oxford Commercial represented the tenant, Sherri Hill, in the lease transaction. Ace Schlameus of HPI represented the landlord. Oxford Commercial is a Cushman & Wakefield Alliance member.
FULLERTON, CALIF. — Progressive Marketing Products/Premier has signed a five-year lease for 62,396 square feet of industrial and office space in Fullerton. The Class A facility is located at 1321 State College Blvd. Progressive was represented by Ian Britton and Clyde Stauff of Colliers International. The landlord, DSA State College Business Park, LLC, was represented by Britton and John Long, also of Colliers.
JACKSONVILLE, FLA. — A 58,600-square-foot industrial building, located at 205 Commercial Drive in Jacksonville, has sold for $2.37 million. Bryan Bartlett of Grubb & Ellis/Phoenix Realty Group represented American Builders and Contractors Supply Co., the seller, in the transaction. The buyer was 2G Energy AG.
POMPANO BEACH, FLA. — T.M.D. Holdings has sold a 21,523-square-foot warehouse, located at 2301 NW 33rd Court in Pompano Beach, to Murr 2301 for $1.33 million. Randy Rauch of Pompano Beach-based Rauch Realty Group represented the buyer in the transaction. Bank of America, NA, provided a first mortgage loan to the buyer.
FORT WAYNE — ASM Acquisition Corp. has renewed its lease for 5,050 square feet of industrial space at 611 Cross Creek Blvd. in Fort Wayne. Bill Drinkall of NAI Harding Dahm represented the tenant in the transaction.
AUSTIN — Marcus & Millichap Capital Corp. (MMCC) has arranged an $11.5 million loan for the refinancing of a six-property, 2,109-unit self-storage portfolio across the State of Texas. Michael Laurencelle of MMCC's Austin office arranged the 10-year loan with a 30-year amortization schedule and a fixed rate of 5.41 percent.
ROGERS, MINN. — Liberty Property Trust plans to break ground on a 227,000-square-foot industrial building this June at Liberty Industrial Park at Diamond Lake in Rogers. The $14 million, multi-tenant building will be located on 13 acres at 13320 Wilfred Lane North. The building will include four distinct entrances and 27 dock doors. The project is expected to be complete by the end of the year. Edward Farr of Edward Farr Architects Inc. is the architect for the project, and Anderson K.M. Builders is the general contractor.
WAUKEGAN, ILL. — Brown Paper Goods is expanding its operations and has leased 26,642 square feet of industrial space within a 180,000-square-foot building at the Amhurst Lakes Business Park in Waukegan. Brown Paper Goods manufactures and distributes specialty paper bags and sheets for the food industry. The building is located at 3630 Burwood, which is close to the company's headquarters in the business park. Whit Heitman, Sam Badger and Brad Weiner of Paine/Wetzel/TCN Worldwide represented the landlord, Prudential, in the transaction. Ryan Bain of CBRE represented the tenant.