JACKSONVILLE, FLA. — Jacksonville-based Grubb & Ellis Phoenix Realty Group and Mohr Partners have brokered the $2.6 million sale of a 57,516-square-foot industrial building located at 5300 Shad Rd. in Jacksonville. Bobby Gatling and John Richardson with Phoenix and John McDaniel of Mohr Partner's Dallas office represented the seller, Noland Properties. Buddy Register of Cushman & Wakefield's Jacksonville office represented the buyer.
MILWAUKEE — Brennan Investment Group has completed the sale-leaseback of a 95,500-square-foot industrial property located at 11225 Heather Ave. in Milwaukee to Integrated Filing Solutions for an undisclosed price. Sam Dickman, Jr., of Milwaukee, Wis.-based The Dickman Co. represented the tenant in the transactions.
MIAMI — Cushman & Wakefield has signed two expansion/renewal leases, totaling 83,479 square feet in new space, at Aventura Industrial Center, located at 555 NE 185th St. in Miami. First, the DFASS Group signed a 52,770-square-foot lease expansion, bringing its total occupancy to 193,558 square feet at the property. Kansas Marine Co. expanded its lease by an additional 30,709 square feet, bringing it's occupancy to 109,267 square feet. Wayne Ramoski, Brian Smith and Audley Bosch of Cushman & Wakefield's Miami office represented the landlord, Principal Real Estate Investors, in lease negotiations with DFASS Group, who was represented by Cushman & Wakefield, and Kansas Marine Co., represented by Gordon Messinger from Terranova Corp.'s Miami office.
SAN DIEGO – Bixby Land Company has purchased a 72,205-square-foot industrial warehouse for $7,350,000. The building is currently fully leased to HD Supply Plumbing/HVAC Ltd. The seller, Westcore Properties, was represented by Cushman & Wakefield's Steve Rowland, Michael Roberts, Jeff Brown and Mickey Morera.
SUWANEE, GA. — Lee & Associates has arranged a 36,633-square-foot lease, valued at more than $1.1 million, at a 70,574-square-foot industrial property located at 500 Satellite Blvd. in Suwanee. Thomas Bryant and Richard Bryant of Lee & Associates' Atlanta office represented the landlord, GS&T Enterprises. The tenant is Hi-Tech Pharmaceuticals.
AURORA, ILL. — Cawley Chicago Real Estate has negotiated a sale-leaseback for a 175,000-square-foot manufacturing and distribution center located at 3920 Enterprise Ct. in Aurora. Dan Cawley, Terry Grapenthin and Josh Hearne of Cawley represented the buyer, KTR Capital Partners, who purchased the building from Cano Container. KTR then leased the building to Cano.
PLYMOUTH, MINN. — Binswanger has arranged the sale of a 60,780-square-foot industrial building located at 13010 County Rd. 6 in Plymouth. Cenveo sold the property to Log House Foods. Gerry Norton of Binswanger's Minneapolis office and James Panczykowski of the North Haven, Conn., office represented the seller.
ELKHORN, WIS. — 530 Centralia LLC has sold a 32,500-square-foot industrial property, located at 530 Centralia St. in Elkhorn, to Van Dyken Enterprises. John Henderson, Vytau Barcas and Margaret Knize of NAI MLG Commercial handled the transaction.
NEW YORK CITY — A 7,500-square-foot industrial building in Long Island City in Queens has been sold for $1.9 million in an all-cash transaction. The single-story building is located at 11-26 46th Road and was delivered vacant. The property has one overhead roll-up door and loading dock. Al Holloman of Massey Knakal handled the transaction. The buyer is an art gallery relocating from Manhattan.
FORT WORTH — Boston-based STAG Industrial has acquired two properties in a $17.9 million deal, a 101,500-square-foot industrial facility in Forth Worth and a 420,690-square-foot industrial facility in Gresham, Ore. The Forth Worth manufacturing and distribution facility sits on 5.95 acres and is 100 percent leased to Ecolab, which has approximately seven years left on its term. The facility is located at 1801 Riverbend West Dr.