TAMPA, FLA. — NorthMarq Capital has arranged a $2.6 million loan for Cypress Business Center in Tampa. Located at 4920 W. Cypress St., the 43,948-square-foot industrial facility is occupied by The AmScot Corp. and Cardio Command. Robert Hernandez of NorthMarq's Tampa Regional office arranged the financing through Thrivent Financial for Lutherans.
FOREST VIEW, ILL. — North American Terminals has purchased the Old Dominion Freight Terminal in Forest View. Situated on 14 acres at 5500 W. 47th St., the 134-dock freight terminal was valued at $8.77 million. Mark Baumhart of Arthur J. Rogers & Co. represented the buyer; John Suerth of CB Richard Ellis represented the seller, Finch & Barry Realty, in the transaction.
SANTA ANA, CALIF. — NAI Capital has brokered the more than $4.1 million sale of a 49,506-square-foot industrial building located at 2249 Yale Street in Santa Ana. The brokerage firm’s J.R. Williamson and Chip Dever represented the seller, a private family trust, in the transaction, and Prestige Realty Group’s Joseph Muljana represented the buyer, JP California Property Management LLC.
BREA, CALIF. — Lee & Associates has brokered the $3.3 million purchase of a 32,842-square-foot industrial building located at 1545 Moonstone Street in Brea. The brokerage firm’s Luke Hudson and Scott Seal represented the buyer, Nail Harmony, in the transaction, and CB Richard Ellis’ Tom Dorman and Ian Britton represented the seller, Cohen Asset Management.
BRECKSVILLE, OHIO — Cleveland-based Ray Fogg Building Methods has completed a sustainable renovation of an existing 28,000-square-foot building in Brecksville for Rambus Lighting Technologies. Constructed in 1991, the office/warehouse building will be used as Rambus' R&D facility. The more than $2.5 million renovation included the addition of LED lighting and specialty ceiling systems, including suspended wood ceilings in the common areas and the lab/production work areas.
CARROLLTON — A two-story, 34,015-square-foot office/warehouse property, 1330 Capital Parkway, has sold in Carrollton. A Dallas-based bank and financial institution sold the property to a Carrollton-based limited liability company. Ron Hebert of Marcus & Millichap's Dallas office represented both parties.
STAFFORD — An 8,286-square-foot office/warehouse building, located at 13011 Mula Ln. in Stafford, has traded. Larry Indermuehle and Jane Holloway of Indermuehle & Co. represented the seller, while Fred Ash of Commercial Realty Co. represented the buyer, JC Stonewall Construction.
HARFORD COUNTY, MD. — St. John Properties has completed nine office and R&D buildings at The Government and Technology Enterprise (The GATE) project, a 416-acre business community located within Aberdeen Proving Ground in Harford County. The buildings, which were designed to meet LEED SIlver certification, offer a total of more than 526,000 square feet of space. Current tenants at the business park include CACI International Inc., L-3 Communications, Raytheon Company and Science Applications International Corp.
DETROIT AND NEW BALTIMORE, MICH. — NAI Farbman has brokered two industrial sales totaling 157,175 square feet in Michigan. In the first transaction, NAI Farbman's Brian Crawford represented buyer, Grand Papa's, and the seller, Focus Hope, in the sale of a 134,000-square-foot industrial facility at 6500 E. Davison in Detroit. In the second transaction, Jeffrey Cavazos and Paul DeBono of NAI Farbman represented Comerica Bank in the disposition of a 23,175-square-foot facility, located at 51513 Industrial Dr. in New Baltimore, to Tipro Properties LLC. The acquisition prices for the transactions were not released.
SHELBY TOWNSHIP, MICH. — Future Die Cast & Engineering Inc. has purchased a 20,016-square-foot industrial facility at 50450 Wing Dr. in Shelby Township. The property was acquired for expansion purposes. Wedco LLC sold the facility for an undisclosed price. Headquartered in Shelby Township, Future Die Cast produces tooling and machined castings for high pressure die cast prototypes for low to medium volume production. Joe DePonio and Jason Capitani of L. Mason Capitani represented both parties in the transaction. The acquisition price was not released.