LOS ANGELES — Voit Real Estate Services’ Central Los Angeles Market teamhas sold 110,000 square feet of land for $2.7 million. This is one of the highest sale prices for land in the Commerce, Calif., region in the past two years, according to Voit’s Brian McLoughlin. A 36,123-square-foot warehouse currently sitson the land. The buyer, So Cal Carriers, plans to use a portion of the building for its Commerce headquarters. The other portion will be demolished. So Cal Carriers was represented by Casey Mungo of GVA Daum Commercial Real Estate Services. The seller, Maechling Family Trust, was represented by McLoughlin along with David Fults, who is also out of Voit’s Commerce office.
Industrial
NORTH EAST, MD. — Atlanta-based Weeks Robinson has purchased Trade Center 95, a 600,000-square-foot warehouse and 32 acres of vacant land, located at 4000 Pulaski Hwy. in North East. The building contains a cross-dock with a 32-foot clear height and a large truck area. The pad-ready site will allow Weeks Robinson tot expand the building to more than 1.2 million square feet.
COLUMBUS — AllRite Logistics has signed a 127,996-square-foot lease at the 330,179-square-foot Rickenbacker IV, located at 2400 Spiegel Drive in Columbus. Mike Hurd, Rick Trott and Kevin McGarth of Cassidy Turley's Columbus office represented the landlord, TRT-DCT Industrial in the lease transaction.
CHESTERFIELD TOWNSHIP, MICH. — Elite Fence has purchased a 270,000-square-foot warehouse and distribution facility, located at 50925 Richard W. Blvd. in Chesterfield Township, from Lees Property for an undisclosed price. The company, which is currently headquartered in Harrison Township, Mich., will combine four of its locations to this site. Joe DePonio and Jason Capitani of Troy, Mich.-based L. Mason Capitani represented both parties in the transaction.
BALTIMORE — CB Richard Ellis has arranged the $12.6 million sale of a 40,000-square-foot industrial facility, located at 7549 Harmans Rd. in Baltimore. The property is currently 100 percent leased to Verizon. Jonathan Beard and Bo Cashman of CB Richard Ellis' Baltimore office represented Washington, D.C.-based Stephen A. Goldberg Co., the seller, in the transaction. The buyer was New York City-based American Realty Capital.
TAMPA, FLA. — Clearwater, Fla.-based Ross Realty has negotiated two 90,000-square-foot leases with Morris Flamingo — Stephan and Solstice Sleep Products at the 276,160-square-foot Falkenburg Facility, located at 500 South Falkenburg Rd. in Tampa. Jason Aprile and Elliott Rose of The Ross Realty Group represented the landlord, US Industrial Falkenburg, LP, in the transactions. Ed Melo of Resource Realty Group represented Morris Flamingo — Stephan.
GROVEPORT, OHIO — Plymouth Meeting, Pa.-base Exeter Property Group has purchased a 1.1 million-square-foot industrial property, located in Groveport, for $22.5 million. Rick Trott and Kevin McGrath of Cassidy Turley's Columbus, Ohio, office represented the buyer in the transaction. CBRE Investors was the seller.
PITMAN, N.J. — Philadelphia-based Binswanger has been named as the exclusive agent for the sale of a 495,166-square-foot manufacturing/warehouse facility at 400 N. Woodbury Rd. in Pitman. The property sits on 76.14 acres and features masonry and metal panel construction over steel frame, three positive pressure clean rooms, a wet sprinkler system, energy-efficient T5 lighting, 19 dock doors, approximately 35,048 square feet of office space and a full cafeteria.
BAYTOWN — E.E. Reed Construction has recently broken ground on AmeriPort Building II, a 168,480-square-foot distribution facility in the AmeriPort Industrial Park in Baytown. The facility was designed by Powers Brown Architecture and developed by National Property Holdings. The building is the first tilt-wall and structural steel building to be developed in the 723-acre industrial park.
RICHARDSON — Stream Data Centers has broken ground on a new data center development totaling 72,500 square feet at Renner Road and Wyndham Lane in Richardson. The project is expected to be delivered and ready for occupancy in May. Stream Data Centers is hoping to achieve LEED Gold certification for the facility. The building is the first purpose-built wholesale data center built from the ground up in north Texas.