CHARLOTTE, N.C. — Rooms to Go has signed a 180,000-square-foot lease at Chemway Industrial Park, located at 1531 Tarheel Rd. in Charlotte. The company will relocate to the new space from its previous 160,000-square-foot facility in Ft. Mill, S.C. Warren Snowdon of Cushman & Wakefield — Thalhimer's Charlotte office represented the tenant in the lease transaction.
Industrial
LAVERGNE, TENN. — Charlotte, N.C.-based TPT has sold an 8,990-square-foot, single-tenant industrial building, located at 140 Charter Pl. in LaVergne, to Charter Place Partners for $1.2 million. J.P. Lowe of Nashville, Tenn.-based Chas. Hawkins Co./CORFAC International and Scott Hensley of Charlotte-based Piedmont Properties/CORFAC International represented the seller in the transaction.
TWINSBURG, OHIO — Grubb & Ellis has negotiated the $2.1 million sale of a 98,000-square-foot warehouse facility, located at 2200 E. Highland Rd. in Twinsburg. Terry Coyne of the Grubb & Ellis' Cleveland office represented the seller, 2200 Highland, LLC, and Jeff Kennedy, also of the firm's Cleveland office, represented Refined & Reclined dba Crossroads Furniture & Cleveland Syrup, the buyer, in the transaction.
CARSON, CALIF. — AZ West, the Western arm of third-party logistics firm AZ Container Freight Station, has leased a 300,000-square-foot industrial property within the master-planned Watson Corporate Center in Carson. The six-year lease is valued at about $12.5 million. The transaction is among the South Bay’s largest single-building industrial leases in 2011 in terms of square footage, according to Watson Land Company. CBRE’s Bret Quinlan, Bill Waxman and Mike Rizzo represented AZ West in the transaction. Watson Land Company, owner of Watson Corporate Center, was represented in-house by Lance Ryan and Mike Bodlovich.
LOS ANGELES — Hager Pacific Properties has recently secured three leases at two of its Los Angeles-area industrial properties. The leases encompass 256,093 square feet of space and boast a total value of $6.8 million. Cosmetic Enterprises has signed a six-year lease renewal valued at about $4.5 million for 110,000 square feet at Pacoima Industrial Park in Pacoima, Calif.; Natural Balance has signed a three-year lease for an expanded 60,000-square-foot space at Pacoima Industrial Park valued at about $1.2 million; and CA Liquidators signed a three-year lease with a five-year option to extend for 86,093 square feet at Hager’s 7344 Bandini Blvd. facility in the City of Commerce, Calif.
SAN DIEGO — Voit Real Estate Services has sold a 24,000-square-foot industrial flex property in the Rancho Bernardo submarket of San Diego to Swinerton Incorporated for $2.6 million. Swinerton will move its San Diego headquarters to the new building, which is located at 16798 West Bernardo Drive. Voit’s Paul Brown represented Swinerton, while Brian Mulvaney and Bruce Sanders, also of Voit, represented the seller, DBA, West Bernardo Office Partners, LLC.
MIAMI — Coconut Creek, Fla.-based Butters Construction & Development has been selected by New York-based fund KTR Capital Partners to construct a 500,000-square-foot, multi-phased industrial project in the Pam Am West Industrial Business Park in Miami. The development will contain institutional-grade distribution and warehouse facilities.
MIAMI — Franklin Street Real Estate Services has arranged the $3.9 million sale of a 122,000-square-foot warehouse, located at 5701-5703 NW 35th Ave. in Miami. Joel Kattan and Hernan Prohaszka of Franklin Street's Fort Lauderdale, Fla., office represented Solomon-Kalback South Building, LLC, the seller. The buyer was Galei Opa, a local company which will relocate its manufacturing operations to the facility.
FINDLAY, OHIO — Toledo, Ohio-based Signature Associates has negotiated the sale of 35,802 square feel of industrial space, located at 1525 Lima Ave. in Findlay. Megan Malczewski and Bob Mack of Signature Associates represented the seller, DTS Refueling Systems, in the transaction. The buyer was undisclosed.
DALLAS — Colliers International has brokered the sale of three industrial facilities, located at 4812, 4821 and 4842 Top Line Dr. in Dallas. The facilities total 142,401 square feet and are currently 84 percent occupied. The buildings were a part of a 278,166-square-foot, seven-building portfolio, known as the Mercantile Quaker Industrial portfolio, which is now completely sold. William B. Jordan, a local investor, purchased the buildings from Mercantile Quaker Industries, represented by Colliers’ Phil Rosenfeld, Matt Thompson and Allen Gump. The other four buildings in the portfolio were purchased earlier this year.