JACKSON, WIS. — Platinum Enterprises LLC has completed the disposition of an industrial property located at W208 N16975 Center St. in Jackson. Lange Realty LLC purchased the 7,200-square-foot building for an undisclosed price. Brian Parrish of The Dickman Company/CORFAC International represented the seller; Jim Young of Cassidy Turley represented the buyer in the transaction.
BRISTOL, PA. — Lexington Realty Trust has signed a 15-year lease with an undisclosed tenant for 241,977 square feet of industrial flex space at 250 Rittenhouse Circle in Bristol. The tenant will use the property, located within Keystone Park, for light assembly, warehouse/distribution and office space. The Binswanger team of Frank Cullen and Chris Pennington represented Lexington in lease negotiations. The CB Richard Ellis team of Michael Mullen and Pat Green represented the tenant.
STREETSBORO, OHIO — Automated Packaging Systems Inc. has purchased the former Playtex facility at 600 Mondial Parkway in Streetsboro. Playtex Manufacturing sold the industrial facility for $5.22 million or $30.15 per square foot. Built in 1995, the 173,315-square-foot property features 6,000 amps of power, pipe distribution for chillers/condensers and is rail served. George Pofok and Joseph Barna of CRESCO Real Estate, along with Tim Luli of PlayhouseSquare Real Estate Services of Cleveland represented the buyer; Terry Coyne of Grubb & Ellis represented the seller in the transaction.
CHICAGO — Red Frog Events has signed a lease for a 21,756-square-foot facility in Chicago. 14th Place LLC leased the space, which is located at 555 W. 14th Place, to Red Frog for an undisclosed price. Matt Rogatz of Chicago Industrial Real Estate represented the landlord, 14th Place; Jason Schulz and Rich Schulz of The J Rich Company represented the tenant, Red Frog Events, in the transaction.
MURRIETA, CALIF. — Voit Real Estate Services has directed the $7.5 million purchase of a 122,935-square-foot industrial property located at 26305 – 26499 Jefferson Ave. in Murrieta. Voit’s Alan Pekarcik, Dan Vittone and Nick Frasco represented the buyer, Frome Realty Fund – Alpha LLC, in the transaction, and Brandon Sudweeks and Matt Haskin of Sudweeks Commercial Real Estate represented the seller, Gateway Business Park LP.
INDIANAPOLIS — Victory JV3 LLC has acquired a 241,986-square-foot manufacturing and distribution facility in Indianapolis. Situated on 18.62 acres at 3011 N. Franklin Road, the property offers 30,000 square feet of office space. The facility will be occupied by Genesis Casket Co., which will open operations this summer. Jeff Castell of Cassidy Turley/Indianapolis represented the seller, SMC Corp., in the transaction. The acquisition price was not released.
ELK GROVE VILLAGE, ILL. — CenterPoint Properties has purchased the RR Donnelly building in Elk Grove Village. Located at 2075 Busse Road, the property features 181,000 square feet of industrial warehouse space. Mark Baumhart of Arthur J. Rogers & Co. represented the buyer and seller, National Terminsal LLC, in the transaction. The acquisition was valued at $6.56 million.
LANCASTER, PA. — MBJA Partners has purchased a 136,542-square-foot industrial property located at 180 Greenfield Road in Lancaster from Union National Community Bank for $3.7 million. Thomas McDermott of NAI Commercial Partners represented the seller, and James Wentz of High Associates represented the buyer. In addition, Groff Page LP has acquired the former Faulkner Suzuki dealership in Lancaster from Judith S. Faulkner for $1.08 million. The 31,282-square-foot property is located on 1.6 acres at 1208 Harrisburg Pike. McDermott represented the buyer, and William Boben III of High Associates represented the seller.
GRAND BLANC, MICH. — Grand Blanc Machinery Center has acquired a 330,000-square-foot industrial plant in Grand Blanc. Cadence Innovation sold the property, which is located at 10230 N. Holly Road, for an undisclosed price, although the asking price was $1.97 million. Joe DePonio and Jason Capitani of L. Mason Capitani brokered the transaction.
MARQUETTE, WIS. — Cole Real Estate Investments has purchased a 30,040-square-foot facility in Marquette. The property, which is located at 3725 U.S. Highway 41 West, was sold by Club House Michigan LLC for an undisclosed price. Peter Nisbet of Marcus & Millichap represented the seller; Jimmy Goodman of The Boulder Group represented the buyer in the transaction. The acquisition price was not released.