OXFORD TOWNSHIP, MICH. — Verity has purchased a 58,000-square-foot industrial building, located at 575 Glaspie St. in Oxford Township, for an undisclosed price. Joe Banyai and Clint Confer of Southfield, Mich.-based Signature Associates represented Saturn Electric, the seller, and Paul Hoge of Signature Associates represented the buyer in the transaction.
Industrial
MELROSE PARK, ILL. — HSF Industries has leased 80,000 square feet of industrial space at the 300,251-square-foot facility, located at 2100 N. 15th Ave. in Melrose Park. Stephen Connolly, Lawrence Much and Kelly Disser with NAI Hiffman's Oakbrook Terrace, Ill., office represented the tenant in the lease transaction. Murry Karbin with Chicago-based Summit Commercial represented the landlord, Scarlato & Sons.
GREENVILLE, S.C. — Confluence Watersports has signed a 292,000-square-foot lease at an industrial property, located at 575 Maudlin Rd. in Greenville. Grice Hunt and Ford Borders of Greenville-based NAI Earle Furman represented Weston, the landlord, in the lease transaction. The tenant was self-represented.
AURORA, ILL. — GCR Corp. has purchased a 220,000-square-foot industrial facility, located at 705 Enterprise St. in Aurora, from JVC America for $6.2 million. The building includes 35,000 square feet of office space, 20 interior docks, two drive-in doors and has a 24-foot clear ceiling height. Eric Tresslar of NAI Hiffman's Oakbrook Terrace, Ill., office represented the buyer in the transaction and Kirk Armour and David Prell of CB Richard Ellis' Schaumburg, Ill., office represented the seller.
MINOOKA, ILL. — Electrolux has signed a 500,000-square-foot lease at the 965,183-square-foot Minooka Ridge Building II, located at 801 Midpoint Rd. in Minooka. Chris Wood, Anthony Burns and Jordan Decker of UGL Services' Chicago office represented the tenant in the lease negotiations. James Estus of Colliers International's Rosemont, Ill., office represented the landlord, Opus Development Corp., with Greg Terwillinger and Mike Yungerman of Opus.
FRANKLIN PARK, ILL. — Vapor Power International has renewed its 51,200-square-foot lease on an industrial building, located at 551 County Line Rd. in Franklin Park. Gregory Wright and Adam Naparsteck of Chicago-based Paine/Wetzel — ONCOR International represented County Line Investors, the landlord, in the lease transaction. Andy Corken of CB Richard Ellis' Chicago office represented the tenant.
SAN BERNARDINO, CALIF. — Simpson Strong-Tie is relocating to a 396,600-square-foot industrial building in the Agua Mansa redevelopment area in San Bernardino County. The structural product manufacturer is relocating from Brea, Calif., to increase plant capacity and improve efficiency. Simpson Strong-Tie was represented by CBRE’s Erik Wanland and Tom Dorman.
POMONA, CALIF. — Hager Pacific Propertieshas purchased an 184,455-square-foot industrial property in Pomona that previously served as a commercial bakery for an undisclosed sum. Dirk Aulabaugh of Alvarez and Marsal represented both the buyer and the seller, Interstate Brands Corporation, in the transaction.
CHARLOTTE, N.C. — EastGroup Properties has purchased two industrial buildings in Charlotte for a total of $22.35 million. The 126,910-square-foot Lakeview Business Center, located off Harris Boulevard, was acquired for $7 million and the 300,000-square-foot Ridge Creek Business Park was purchased for $15.35 million. The properties are both fully leased. David Allen and Dunn Mileham of Trinity Partners' Charlotte office represented the undisclosed seller. The buyer was self-represented.
MADISON, ILL. — State Street Investment has sold a 101,288-square-foot industrial property, located at 10 Fox Industrial in Madison, to Green & Black Development. Shiloh, Ill.-based BARBERMurphy represented both parties in the transaction.