CHICAGO — Romualdo Camarena LLC has acquired a distribution facility located at 3355 W. 48th Place in Chicago. The company plans to use the 25,000-square-foot facility to launch its new tequila import distribution business. Mark Nelson and Mike Nelson of NelsonHill represented the buyer; Matt Rogatz of Chicago Industrial Real Estate represented the seller, OK Real Estate Partners, in the transaction. The acquisition price was not disclosed.
LINDEN, N.J. — Cronheim Mortgage has arranged $5 million in permanent financing for two adjacent industrial buildings located in Linden. The buildings total 267,446 square feet and are fully occupied, though none of the current leases extend past 3 years. The loan carries a 10-year term with a 4.95 percent interest rate and a 25-year amortization schedule. The Croheim team of David Turley, Anna Westhoff and Janet Proscia secured the loan on behalf of the undisclosed borrower through an insurance company.
SANTA FE SPRINGS, CALIF. — Cushman & Wakefield has managed a long-term, 240,000-square-foot industrial lease transaction at 11130 Bloomfield Ave. in Santa Fe Springs. Terms of the deal were not disclosed. Cushman & Wakefield’s Britt Casey, Rooney Daschbach and Eric Daschbach represented the tenant, Americana Activewear, in the transaction, and the brokerage firm’s John McMillan, Jeff Sanita and Tim Wallace represented the landlord, Alere Property Group. The infill Class A property features easy expressway access, modern accommodations with 30-foot clear ceilings, ample cross-docked loading capabilities and an office fit-out.
BALTIMORE — Crossroads Eastern Avenue LLC has acquired a two-parcel property totaling 4.48 acres at 6801 Eastern Ave. in Baltimore. The asset includes a 99,841-square-foot rentable warehouse building, located in Baltimore, and an adjacent parking area, which is located in Baltimore County, Md. 6801 Eastern Avenue LLC sold the property for $3.25 million. Owen Rouse Jr., Liz Tarren-Jones and Joe Bradley of Manekin LLC represented the seller in the transaction.
HAM LAKE, MINN. — Winchester, Va.-based American Woodmark Corp. has completed the disposition of an 89,098-square-foot industrial complex, which is located at 16430 Highway 65 N.E. in Ham Lake. Minnesota-based cabinetry manufacturer Fleetwoods acquired the 15.36-acre property for an undisclosed price. Dan Friedner, Jay Chmieleski and Aaron Sillanpa of NAI Welsh represented the seller in the transaction.
LITTLETON, MASS. — Sunny Delight Beverages has sold its Littleton manufacturing facility in a $15 million sale-leaseback deal. The drink maker will lease back the entire 290,000-square-foot plant, which is located at 20 Harvard Road, for a 15-year term. The buyer was a private equity firm. Robert Cronin of Colliers International represented both parties.
ROCKY HILL, CONN. — Wallingford, Conn.-based Verna Properties has purchased two multi-tenant flex/industrial buildings in Rock Hill for a total of $2.6 million. The properties are located at 97 and 99 Hammer Mill Road. The former property is fully leased and the latter contains an 11,000-square-foot vacancy. Sentry Commercial and New Haven Group represented the seller, DeMeo Family LLC, in the deal.
CHINO, CALIF. — Grubb & Ellis has facilitated the $6.4 million purchase of an 86,000-square-foot warehouse facility, located within Chino Centerpointe at 4850 Eucalyptus Ave. in Chino. Represented by the brokerage firm’s David Wu, McFerran Furniture purchased the Class A property from United Overseas Bank Ltd.
CAROL STREAM, ILL. — NTA Precision Axle Corp. has acquired a 223,160-square-foot industrial building in Carol Stream. The buyer plans to renovate the building, which is situated on 13 acres at 795 Kimberly Dr. Mas Ishida of TOBI International Corp. represented the buyer. The seller, Emerick Capital Investments Inc., was not represented.
CHICAGO — Englander Bedding Co. has purchased the former SK Hand Tool Corp. facility in Chicago. Located at 3535 W. 47th St., the 158,930-square-foot facility will be utilized for the mattress manufacturer's expansion. Matt Rogatz of Chicago Industrial Real Estate represented the buyer; Tom Condon and Vern Schultz of Colliers International represented the undisclosed seller in the transaction. Terms of the lease were not released.