DEVENS, MASS. — Supply chain solutions company NFI has signed a lease for 125,000 square feet of industrial space within Devens Industrial Park in Devens. The landlord is CrossHarbor Capital Partners. The space, which is located within a 401,000-square-foot warehouse at 66 Saratoga Blvd., will be used as a distribution center. John Lashar, John Wilson, Paul Leone and James Lipscomb of Richards Barry Joyce & Partners represented the landlord in lease negotiations.
Industrial
LATHROP, CALIF. — On behalf of Gordon Trucking, The Alliance Group Commercial Construction will break ground for a 23,000-square-foot concrete tilt-up satellite terminal facility this month. Slated for completion in November, the new building will allow the Washington-based trucking firm to provide equipment-servicing dispatch and refueling for the fleet, which exceeds 1,600 vehicles nationwide. The property will also include approximately 13 acres of concrete paved truck parking.
ENGLEWOOD, COLO. — Sandler-Johnson Property Management has sold a 45,908-square-foot industrial building, located at 1600 W. Dartmouth in Englewood, to Dr. Bruce Elsey for $1.9 million. Alec Rhodes and Tyler Smith of Cassidy Turley Fuller Real Estate represented the seller in the transaction. The single-story, stand-alone facility was built in 1975.
GROVELAND, FLA. — Raney Construction and Raney Components have signed a 10-year, 90,000-square-foot lease at 19900 Independence Blvd. in Groveland. The landlord, Adams Building Materials Property Partnership, was represented by Sher Tolan of Orlando, Fla.-based Southern Commercial Real Estate Advisors. The tenant was not represented.
AUSTIN — The Lance Armstrong Foundation LiveStrong Cancer Navigation Center in east Austin opened its doors in late March to provide free services for anyone affected by cancer. STG Design provided architecture and interior design services by revitalizing an existing warehouse space to serve as a prototypical cancer resources center. Originally housing the Gulf Coast Paper Co., the building will act as a central hub for financial, medical and personal guidance to individuals with cancer. It is located at 2201 E. Sixth St.
KANSAS CITY, MO. — Graphic Packaging International has signed a lease for 155,000 square feet at 5800 Stilwell Avenue in Kansas City. The tenant, which produces innovative and sustainable packaging, plans to use the space for expansion and relocation from the company's existing warehouse operations in the Greater Kansas City market. The lease includes the entire industrial facility as well as a portion of the building's office component. James Phillpott, Raymond Stache, Elizabeth Pittman, Travis Jackson, John O'Neill, Chris White, Allison Bittel and Addison Meriwether of Cushman & Wakefield Inc. and Joe Accurso of Kessinger Hunter & Company represented the tenant; Kenneth Block, Zach Hubbard and Michael Block of Block Real Estate Services represented the landlord, 5800 Stilwell Associates, an investment group formed by Kenneth Block of Block Real Estate Services, in the transaction. Terms of the lease were not disclosed.
MESA, ARIZ. — Cassidy Turley BRE Commercial has presided over the $3.8 million trade of a more than 152,000-square foot distribution building located at 225 S. Dobson Road in Mesa. The John W. Widera and Leslie Maria Widera Living Trusts purchased the industrial property from San Francisco-based Krausz Puente LLC. Built in 1973, the facility was the former home of Levitz Furniture and will be the new home of Arizona Corrugated Container LLC, a company operated by the new owner. Cassidy Turley BRE Commercial’s Mike Haenel, Andy Markham, Bob Buckley, Steve Lindley and Tracy Cartledge represented the seller in the transaction, and the brokerage firm’s Brian Lee represented the buyers.
ATLANTA – Keystone Automotive Industries has fully leased a 231,800-square-foot distribution building in Atlanta. The landlord, DCT Industrial Trust, was represented by Adam Richards of Atlanta-based Resource Real Estate Partners and Keystone Automotive was represented by Jacob Bobek of Cushman & Wakefield's Los Angeles office.
ALCOA, TENN. — A 83,600-square-foot former Neill Sanddler Ford/Lincoln/Mercury dealership sold in Alcoa for $2.58 million to Phoenix, Ariz.-based Amerco Real Estate. The company provides development and real estate services to U-Haul, which will be renovating the buildings for self-storage and moving van rentals. The seller, DNSM Partnership, was represented by Maribel Koella and Brian H. Tapp of NAI's Knoxville, Tenn., office. The buyer was self-represented.
ADDISON, ILL. — DCT Industrial has acquired a 156,000-square-foot multi-tenant facility in Addison. Located at 450 S. Lombard Road, the three-unit property features 24-foot clear ceiling heights, 13 interior loading docks and heavy power. Additionally, the property is rail served by Canadian National. TST/Impreso Inc. currently leases 55,000 square feet within the property. Noel Liston of Darwin Realty & Development Corp. represented the buyer in the transaction. Terms of the sale were not released.