Industrial

ANAHEIM, CALIF. — NorthMarq Capital has arranged $3.1 million in first-mortgage financing for Anaheim Foursquare Church, a 19,425-square-foot industrial property. The loan included a 10-year term and a 30-year amortization schedule. Financing was arranged by NorthMarq's David Blum, senior vice president and senior director of the firm's Los Angeles regional office.

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PHOENIX — Phoenix Packaging Operations LLC has signed a five-year lease to occupy a 104,352-square-foot manufacturing and distribution facility in Chandler, Ariz. The facility, which is situated on 8.5 acres, will be used to manufacture packaging for the food packaging industry. Mike Parker and Evan Koplan from Colliers International's Greater Phoenix office represented the landlord, Primrose Properties. Phoenix Packaging represented itself.

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LOWER MACUNGIE, PA. — Allen Distribution has acquired a 580,000-square-foot facility in Lower Macungie’s Lehigh Valley Crossing, located at 3041 Schoneck Rd., from Sacramento, Calif.-based Panettoni Development Co. Kim Meincke and John Van Buskirk of Jones Lang LaSalle represented the buyer, and Bill Wolf and Sean Bleiler of the Allentown, Pa. CBRE office represented the seller.

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PHOENIX — Cassidy Turley BRE Commercial has sold the 62,832-square-foot Foxfire Commerce Center in Surprise, Ariz., for $3.15 million. The buyer was Presson Companies, an Arizona-based private investor. Cassidy Turley executive vice presidents Bob Buckley, Steve Lindley and Tracy Cartledge represented both the buyer and the seller, Dalfen America Corporation, which did business as Rosh Hashanah Realty ADA Compliant Limited Partnership.

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SAN DIEGO — Voit Real Estate Services has directed the acquisition of an 11,050-square-foot industrial building in Poway, Calif., for $1.657 million. The acquisition by James and Barbara Hetzler Trust included a nine-month leaseback to Pro Tel Communications, the building's current tenant. Tracy Clark, senior vice president in Voit’s San Diego office, represented the buyer. CFI Commercial's Paula Danker represented the seller, Estate Quest, LLC.

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AVON, MASS. — Cushman & Wakefield Sonnenblick Goldman has arranged a $7.85 million fixed-rate mortgage on behalf of a joint venture between Condyne and The Davis Cos. for the acquisition of a 248,000-square-foot industrial warehouse and distribution facility located at 80 Stockwell Dr. in Avon. Richard Swartz and Jay Wagner of the firm’s Boston office secured financing for the property through Brookline Bank.

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