OKLAHOMA CITY — A joint venture between Dallas-based Atlas Advisors Commercial Real Estate and Barton Creek Capital has secured a $15.71 million loan for its purchase of a 561,551-square-foot Oklahoma City warehouse portfolio. The portfolio is situated in the city's Southwest Industrial submarket and was 85 percent leased at the time of closing. The loan is variable rate, non recourse and was provided by Chicago-based NXT Capital. Jason Pumpelly of Johnson Capital's Dallas office arranged the loan.
CARSON, CALIF. — Lee & Associates has closed the $5.86 million purchase of a 78,486-square foot industrial building, located at 2525 El Presidio St. in Carson. Built in 1990, the property includes 6,318 square feet of office space. Lee & Associates-Orange’s Jeff Gahagan and Scott Seal represented the undisclosed buyer in the transaction, and Clint McMorris of Colliers International represented the seller, Charles Tsai.
MIAMI — Allied Caribbean Distribution has signed a lease for 45,700 square feet of industrial space at Medley Distribution Center in Flagler Station Business Park in Miami. The tenant is relocating from its current warehouse in Doral, Fla. The Medley Distribution Center is a 250,000-square-foot Class A industrial/office building located at 11000 N.W. 92nd Terrace in Miami. Steve Medwin, Harry Wardell and Nick Wigoda of Jones Lang LaSalle represented the Chicago-based landlord, Lincoln Advisory Co., in the transaction. Terms of the lease were not released.
ORLANDO, FLA. — DCT Industrial has acquired a 50,000-square-foot property at 3001 Directors Row in Orlando. The building sold for $3.04 million. John Frederick and Morgan Wiseman of Realty Capital represented the undisclosed seller in the transaction.
WESTBOROUGH, MASS. — Ameridose Inc., a hospital pharmacy supplies manufacturer, has signed a lease for 64,592 square feet of office and manufacturing space at 201 Flanders Road in Westborough. The space is in addition to the 76,000 square feet the company recently leased at 205 Flanders Road. Craig Johnson of R.W. Holmes Realty Co. represented the landlord. John Eysenbach, also of R.W. Holmes, represented the tenant.
NORCROSS, GA. — Scannell Properties Inc. has selected Rosemont, Ill.-based McShane Construction Co. to construct a 215,500-square-foot warehouse and distribution center of behalf of FedEx Corp. Situated on 32 acres at 6265 Atlantic Blvd. in Norcross, the facility will offer 206,500 square feet of distribution space, with an automated conveyer system, and a 9,000-square-foot office component. Additionally, the property will feature a 32-foot clear height, 96 external docks, four drive-in doors and parking for 315 cars and 250 trailers. McShane will construct the exterior utilizing tilt-up concrete wall panels. Precept Inc. is providing architectural services for the project, which scheduled for completion in December.
BRIDGEVIEW, ILL. — VIP Bridgeview LLC has purchased a 37,503-square-foot multi-tenant industrial building, which is located at 7500-30 W. 99th Place in Bridgeview. The seller, Hinton & Associates, will lease back a portion of the building, with the remaining 15,000 square feet available for lease. The building offers one 11,001-square-foot unit, three 8,834-square-foot units, four docks and a drive-in door. Daniel Fanelli of Darwin Realty & Development Corp. represented the buyer; Andrew Polivka of The Polivka Group represented the seller in the transaction. The acquisition price was not released.
SAN DIEGO — Voit Real Estate Services has directed a $1.15 million industrial land deal at 1002 West Juniper Street in downtown San Diego. Voit’s Rex Huffman represented both the buyer, George Khouli of Payless Car Rental, and the seller, Bayview Inn Partners LP, in the transaction. The 20,000-square-foot parcel was formerly used as a parking lot for Greyhound buses.
SOUTHAVEN, MISS. — IDI has renewed Priority Fulfillment Services' 434,900-square-foot industrial lease at Building B within Airways Distribution Center in Southaven. Priority Fulfillment Services, a comprehensive end-to-end e-commerce solutions provider, has leased the space since 2004. Located at 8474 Marketplace Drive, the master-planned Class A business park offers six buildings totaling 664,828 square feet. Wyatt Aiken of Commercial Advisors represented the tenant; Tim Moore represented IDI in the transaction. Terms of the lease were not released.
CAROL STREAM, ILL. — Oakbrook, Ill.-based CenterPoint Properties has acquired the Davies Molding industrial building for an undisclosed price. The 83,600-square-foot property is located at 350 Kehoe Blvd. in Carol Stream. Situated on 4.7 acres, the property is 100 percent occupied by Davies Molding LLC, a division of Pettibone LLC. EnTrust Realty Advisors and and Alter 360° brokered the transaction. The seller was The Alter Group.