EVANS (GREELEY), COLO. – A 63,628-square-foot Evans Self Storage facility has sold to a local limited liability company for $2.5 million. Matt Tyler and Chico LeClaire, national self-storage investment specialists in Marcus & Millichap’s Denver office, marketed the listing exclusively on behalf of the seller, a private investor. The buyer was secured and also represented by the duo.
BALTIMORE — Walker & Dunlop has provided $13 million in refinancing for the more than 800,000-square-foot South Highland Marine Terminal, located in Baltimore. Ted Hermes and Tyler Blue of Walker & Dunlop's Bethesda, Md., office arranged the 15-year loan with a 25-year amortization schedule.
TAMPA, FLA. — Morris Flamingo — Stephan has signed a 90,000-square-foot lease, located at 500 S. Falkenburg in Tampa. Ed Melo of Resource Realty Group represented the tenant in the lease transaction. Jason Aprile and Elliott Ross of Clearwater, Fla.-based The Ross Realty Group represented the landlord, U.S. Industrial Falkenburg.
GREENWOOD, IND. — Cassidy Turley has negotiated the sale of a 163,200-square-foot warehouse, located at 2011 & 2121 Southtech Dr. in Greenwood, for an undisclosed price. Jeffrey Castell and Angela Wethington of Cassidy Turley's Indianapolis office represented the seller, RBA, in the transaction. Cabot Properties, the buyer, was self-represented.
WIXOM, MICH. — Signature Associates has brokered the $3.7 million sale of a 76,000-square-foot industrial property, located at 30893 Century Dr. in Wixom. Jim Montgomery, David Giltner and Steve Gordon of Signature Associate's Southfield, Mich., office represented the seller, Harmon Highway Co., in the transaction. Montgomery and Gordon also represented the buyer, Mans.
ORLAND, IND. — CTA Acoustics has signed a 93,200-square-foot lease at a manufacturing facility, located at 9670 Maple St. in Orland. Casey Cupp and Bill Cupp of Fort Wayne, Ind.-based CB Richard Ellis — Sturges represented the tenant in the lease negotiations. The landlord is Orland Acquisitions.
FALL RIVER, MASS. — Rhode Island Novelty, a Cumberland, R.I.-based toy importer and distributor, has purchased a 500,000-square-foot warehouse/distribution center at 350 Commerce Dr. in Fall River. The property sits on 27.5 acres and features concrete slab floors, insulated metal panel walls, rubber membrane over insulation and a steel deck roof, 32 to 47 feet high ceilings, 83 dock doors, one drive-in door, four compactor doors, 510 parking spaces and approximately 20,500 square feet of office space. Binswanger represented the seller, TJX Cos., in the transaction.
LINDEN, N.J. — Marcus & Millichap Real Estate Investment Services has brokered the $4.8 million sale of a 36,000-square-foot industrial building in Linden. The building is fully occupied and features a new roof, parking lot, facade and interior. Marcus & Millichap's Ben Sgambati and Alan Cafiero represented the seller, a local investor, and secured the buyer, an investor.
MIAMI — Costex Corp. has purchased a 180,000-square-foot industrial building, located at 7901-8187 NW 71st St. in Miami, for $10.3 million from Seagis Property Group. Devin White, David Albert and Ronald Marrero of CB Richard Ellis' Miami office represented the buyer in the transaction. Jim Armstrong and Michael Waite of Miami-based The Easton Group represented the seller.
ST. PETERSBURG, FLA. — Clearwater, Fla.-based The Ross Realty Group has negotiated the $1.65 million purchase of a 32,604-square-foot industrial property, located at 11880 28th St. in St. Petersburg. Elliott Ross of The Ross Realty Group represented the buyer, Kazarian Realty, in the transaction. PHP 5 was the seller.