NORWALK, CONN. — SalesOne LLC has purchased an industrial property at 16 Fitch St. in Norwalk for $1.5 million. SalesOne is a jewelry and accessories manufacturer and will use the facility to expand its operations. The building was previously occupied by Harco Fitch Co. Bruce Wettenstein of Vidal/Wettenstein LLC represented the buyer in the deal.
Industrial
ONTARIO, CALIF. – A 102,878-square-foot, Class A distribution facility in Ontario has sold to Industrial Income Trust for $8,333,000. The facility is located at 5505 Concours Street and includes 65,572 square feet of cooler space. Clyde Stauff and Ian DeVries of Colliers International represented both the buyer and the seller, the Caldwell Company, in this transaction.
SANTA ANA, CALIF. — Edinger Business Park, a 61,923-square-foot multi-tenant industrial and office park in Santa Ana, has sold to Frome Developments Omega, LLC for $4.7 million. The three-building property was 91 percent occupied at the time of sale. The park is located at 1560, 1570 and 1580 E. Edinger Ave. Frome was represented by Dan Vittone and Alan Pekarcik of Voit’s Irvine office in this transaction.
CITY OF INDUSTRY, CALIF. — ACME Furniture has signed a five-year lease for a 500,000-square-foot industrial facility at 20002 Business Parkway in the City of Industry. The national furniture company also houses its headquarters in a 320,000-square-foot space within the city. ACME was represented by Adam Dzierzynski of Lee & Associates’ City of Industry office. The landlord, Majestic Realty, represented itself.
CINCINNATI — Beauty care manufacturer Kao USA Inc. has signed a lease to relocate from its current corporate headquarters on Spring Grove Avenue to the 312 Plum St. building in Cincinnati. The company will occupy 55,000 square feet of the building. Kao also plans to renovate the Spring Grove Avenue facility, where the research and development and manufacturing facilities will remain. The company expects to move this summer.
SPARTANBURG, S.C. — A 50,000-square-foot industrial building, located at 4250 Orchard Park in Spartanburg, has sold for $1.72 million. The building is fully leased to Spartan Foods of America and serves as its corporate headquarters and primary production facility. Drayton Calmes and Frank Norvell of Charleston, S.C.-based Norvell Real Estate Group represented the seller in the transaction. San Francisco-based Redland Group, the buyer, was self-represented.
JEFFERSONVILLE, IND. — Amazon.com Inc. plans to open a $150 million warehouse and distribution center in southern Indiana, where as many as 1,050 full-time workers will be hired. The center is expected to open this fall. The Seattle-based online retailer already operates warehouse facilities in Indianapolis, Whitestown and Plainfield and has a total footprint of more than 4 million square feet in the state. The facility will be located in Jeffersonville's River Ridge Commerce Center, which is adjacent to a state-operated port on the Ohio River.
BOSTON — A joint venture plans to develop the 413,536-square-foot Longwood Center, a life sciences and biotechnology facility in Boston. The center will be located in the Longwood Medical Area of the city, which also serves as home to Harvard Medical School and Beth Israel Deaconess Medical Center, among others. Dana-Farber Cancer Institute will anchor the property, leasing 154,000 square feet of space. The joint venture consists of Clarion Partners, National Development, Charles River Realty Investors and Alexandria Real Estate Equities.
PORTLAND, MAINE — Stag Industrial Inc. has purchased a warehouse and distribution facility in Portland for $5.8 million. The 100,600-square-foot facility was constructed in 1989 and renovated in 2008. The property is fully leased to Office Max Inc., which has 6 years remaining on its lease.
BETHLEHEM, PA. — Crayola, the crayon and art product maker, plans to move its main distribution center from the Harrisburg area. Construction of an 800,000-square-foot warehouse along Route 412 in the Majestic Bethlehem Center is expected to start next month with completion by December. The company is slated to employ between 60 and 80 people at the new center. Crayola plans to consolidate the company's current warehouse operations in Harrisburg and Leigh Valley after the leases for the facilities expire in 2013.