MINOOKA, ILL. — Electrolux has signed a 500,000-square-foot lease at the 965,183-square-foot Minooka Ridge Building II, located at 801 Midpoint Rd. in Minooka. Chris Wood, Anthony Burns and Jordan Decker of UGL Services' Chicago office represented the tenant in the lease negotiations. James Estus of Colliers International's Rosemont, Ill., office represented the landlord, Opus Development Corp., with Greg Terwillinger and Mike Yungerman of Opus.
Industrial
FRANKLIN PARK, ILL. — Vapor Power International has renewed its 51,200-square-foot lease on an industrial building, located at 551 County Line Rd. in Franklin Park. Gregory Wright and Adam Naparsteck of Chicago-based Paine/Wetzel — ONCOR International represented County Line Investors, the landlord, in the lease transaction. Andy Corken of CB Richard Ellis' Chicago office represented the tenant.
SAN BERNARDINO, CALIF. — Simpson Strong-Tie is relocating to a 396,600-square-foot industrial building in the Agua Mansa redevelopment area in San Bernardino County. The structural product manufacturer is relocating from Brea, Calif., to increase plant capacity and improve efficiency. Simpson Strong-Tie was represented by CBRE’s Erik Wanland and Tom Dorman.
POMONA, CALIF. — Hager Pacific Propertieshas purchased an 184,455-square-foot industrial property in Pomona that previously served as a commercial bakery for an undisclosed sum. Dirk Aulabaugh of Alvarez and Marsal represented both the buyer and the seller, Interstate Brands Corporation, in the transaction.
CHARLOTTE, N.C. — EastGroup Properties has purchased two industrial buildings in Charlotte for a total of $22.35 million. The 126,910-square-foot Lakeview Business Center, located off Harris Boulevard, was acquired for $7 million and the 300,000-square-foot Ridge Creek Business Park was purchased for $15.35 million. The properties are both fully leased. David Allen and Dunn Mileham of Trinity Partners' Charlotte office represented the undisclosed seller. The buyer was self-represented.
MADISON, ILL. — State Street Investment has sold a 101,288-square-foot industrial property, located at 10 Fox Industrial in Madison, to Green & Black Development. Shiloh, Ill.-based BARBERMurphy represented both parties in the transaction.
RACINE, WIS. — Milwaukee-based Grubb & Ellis/Apex Commercial has brokered the sale of a 78,400-square-foot industrial building located at 3911-3931 S. Memorial Dr. in Racine for an undisclosed price. Cumberland Packing Corp. purchased the property from David Kelley. Bill Langhoff of Grubb & Ellis/Apex Commercial represented both parties in the transaction.
LYON TOWNSHIP, MICH. — Kennedy Industries has leased 38,181 square feet of industrial space at 52900 Grand River Ave. in Lyon Township. Jim Montgomery of Southfield, Mich.-based Signature Associates represented the tenant in the lease transaction. The landlord is Soave Real Estate.
CHINO, CALIF. — Selco Associates has signed a new lease for a 93,522-square-foot industrial building in Chino that it had previously been subleasing from Las Vegas Express for the past 15 months. The third-party logistics provider was represented by Jones Lang LaSalle’s Southern California Industrial Tenant Representation Team, which is led by executive vice presidents Mike Fowler and Tim O’Rourke. The building’s owner was represented by Steve Belletti and Josh Hayes of Colliers International.
CHARLOTTE, N.C. — Trinity Partners has arranged the $43 million sale of the 944,399-square-foot Woodland Business Park, a 12-building industrial park located at Woodpark Boulevard in Charlotte, to Dallas-based Crow Holdings. David Allen and Dunn Mileham of Trinity Partners' Charlotte office represented the undisclosed seller. The buyer was self-represented.