Industrial

HARFORD COUNTY, MD. — St. John Properties has completed nine office and R&D buildings at The Government and Technology Enterprise (The GATE) project, a 416-acre business community located within Aberdeen Proving Ground in Harford County. The buildings, which were designed to meet LEED SIlver certification, offer a total of more than 526,000 square feet of space. Current tenants at the business park include CACI International Inc., L-3 Communications, Raytheon Company and Science Applications International Corp.

FacebookTwitterLinkedinEmail

DETROIT AND NEW BALTIMORE, MICH. — NAI Farbman has brokered two industrial sales totaling 157,175 square feet in Michigan. In the first transaction, NAI Farbman's Brian Crawford represented buyer, Grand Papa's, and the seller, Focus Hope, in the sale of a 134,000-square-foot industrial facility at 6500 E. Davison in Detroit. In the second transaction, Jeffrey Cavazos and Paul DeBono of NAI Farbman represented Comerica Bank in the disposition of a 23,175-square-foot facility, located at 51513 Industrial Dr. in New Baltimore, to Tipro Properties LLC. The acquisition prices for the transactions were not released.

FacebookTwitterLinkedinEmail

SHELBY TOWNSHIP, MICH. — Future Die Cast & Engineering Inc. has purchased a 20,016-square-foot industrial facility at 50450 Wing Dr. in Shelby Township. The property was acquired for expansion purposes. Wedco LLC sold the facility for an undisclosed price. Headquartered in Shelby Township, Future Die Cast produces tooling and machined castings for high pressure die cast prototypes for low to medium volume production. Joe DePonio and Jason Capitani of L. Mason Capitani represented both parties in the transaction. The acquisition price was not released.

FacebookTwitterLinkedinEmail

JACKSON, WIS. — Platinum Enterprises LLC has completed the disposition of an industrial property located at W208 N16975 Center St. in Jackson. Lange Realty LLC purchased the 7,200-square-foot building for an undisclosed price. Brian Parrish of The Dickman Company/CORFAC International represented the seller; Jim Young of Cassidy Turley represented the buyer in the transaction.

FacebookTwitterLinkedinEmail

BRISTOL, PA. — Lexington Realty Trust has signed a 15-year lease with an undisclosed tenant for 241,977 square feet of industrial flex space at 250 Rittenhouse Circle in Bristol. The tenant will use the property, located within Keystone Park, for light assembly, warehouse/distribution and office space. The Binswanger team of Frank Cullen and Chris Pennington represented Lexington in lease negotiations. The CB Richard Ellis team of Michael Mullen and Pat Green represented the tenant.

FacebookTwitterLinkedinEmail

STREETSBORO, OHIO — Automated Packaging Systems Inc. has purchased the former Playtex facility at 600 Mondial Parkway in Streetsboro. Playtex Manufacturing sold the industrial facility for $5.22 million or $30.15 per square foot. Built in 1995, the 173,315-square-foot property features 6,000 amps of power, pipe distribution for chillers/condensers and is rail served. George Pofok and Joseph Barna of CRESCO Real Estate, along with Tim Luli of PlayhouseSquare Real Estate Services of Cleveland represented the buyer; Terry Coyne of Grubb & Ellis represented the seller in the transaction.

FacebookTwitterLinkedinEmail

CHICAGO — Red Frog Events has signed a lease for a 21,756-square-foot facility in Chicago. 14th Place LLC leased the space, which is located at 555 W. 14th Place, to Red Frog for an undisclosed price. Matt Rogatz of Chicago Industrial Real Estate represented the landlord, 14th Place; Jason Schulz and Rich Schulz of The J Rich Company represented the tenant, Red Frog Events, in the transaction.

FacebookTwitterLinkedinEmail

MURRIETA, CALIF. — Voit Real Estate Services has directed the $7.5 million purchase of a 122,935-square-foot industrial property located at 26305 – 26499 Jefferson Ave. in Murrieta. Voit’s Alan Pekarcik, Dan Vittone and Nick Frasco represented the buyer, Frome Realty Fund – Alpha LLC, in the transaction, and Brandon Sudweeks and Matt Haskin of Sudweeks Commercial Real Estate represented the seller, Gateway Business Park LP.

FacebookTwitterLinkedinEmail

INDIANAPOLIS — Victory JV3 LLC has acquired a 241,986-square-foot manufacturing and distribution facility in Indianapolis. Situated on 18.62 acres at 3011 N. Franklin Road, the property offers 30,000 square feet of office space. The facility will be occupied by Genesis Casket Co., which will open operations this summer. Jeff Castell of Cassidy Turley/Indianapolis represented the seller, SMC Corp., in the transaction. The acquisition price was not released.

FacebookTwitterLinkedinEmail