AKRON, OHIO — Röchling Automotive USA has planned to develop a $15 million, 75,000-square-foot manufacturing facility in Massillon Road Industrial Park in Akron. The production facility will be used to manufacture injection molding for automotive parts and is expected to employ 123 skilled workers, including machinists. Rob Gemerchak of Binswanger Advisory Services assisted Röchling in selecting the development site in Akron.
AURORA, ILL. — Premier Design + Build Group has completed a 58,114-square-foot build-out for Crescent Park. Located at Park Butterfield in Aurora, the project included 2,970 square feet of office space and 55,144 square feet of warehouse improvements. The distribution facility was required to meet food-grade requirements for the tenant, which is an outsourcing partner for consumer packaged goods companies. Project partners included Bridge Development Partners, as property owner, and Cornerstone Architects Ltd., as project architect.
TAUNTON, MASS. — Holliday Fenoglio Fowler (HFF) has arranged an $18 million loan to refinance AGAR's headquarters in Taunton. The foodservice distributor occupies a 326,000-square-foot building within Miles Standish Industrial Park at 225 John Hancock Road. Robert Herron led the HFF team that arranged the long-term, fixed-rate financing on behalf of AGAR through People's United Bank.
DELANCO, N.J. — Endurance Real Estate Group has leased 307,000 square feet of rail-served industrial space to Boise Cascade Building Materials Distribution. The property is a two-building, 309,000-square-foot warehouse property located on 47 acres at 2700 Burlington Ave. The Colliers team of Marc Isdaner and Jim Scott represented the landlord in lease negotiations.
LAWRENCE, KAN. — Celliance Lawrence has completed the disposition of a 45,000-square-foot industrial property in Lawrence. Plastikon Industries purchased the property, which is located at 3780 Greenway Circle, for an undisclosed price. Marilyn Bittenbender of Colliers International represented the seller; Cassidy Turley BT Commercial represented the buyer in the transaction.
ROUND ROCK — Round Rock Honda and Round Rock Toyota, both part of Bloomfield Hills, Mich.-based Penske Automotive Group, have signed a long-term lease at Crystal Park II, located at 106 Old Settlers Blvd. in Round Rock, a suburb of Austin. The 71,150-square-foot Suite 100 in Building E will be used as a vehicle maintenance facility. Greg Johnson and Luke Wheeler of Transwestern's Austin office represented the owner, KBS Real Estate Investment Trust I, in the lease transaction, which brings the property to 92 percent occupied. Crystal Park II is a two-building, 242,452-square-foot Class A industrial property that is situated close to Interstate 35.
SAN ANTONIO — Noah's Ark Development has completed Phase I of its newest self-storage facility, Noah's Ark RV and Self Storage, located at 8465 IH-10 East near the intersection of FM 1516 in San Antonio. The property includes 268 non-temperature and temperature-controlled conventional storage units ranging in size from 25 to 300 square feet. Noah's Ark RV and Self Storage also includes 37 open parking spaces, 90 canopied spaces and 24 fully enclosed RV and boat storage units ranging in size from 360 to 540 square feet. The industrial storage property totals 36,875 square feet.
MIAMI — DCT Industrial Trust has acquired 8551 N.W. 30th Terrace in Miami's Airport West submarket. The 100,000-square-foot distribution building was purchased for $7.5 million or $75 per square foot. Constructed in 1994, the building is a rear-load, highly-functionaly distribution facility that can be configured for up to three tenants. The seller was not released.
RANCHO DOMINGUEZ, CALIF. — The Klabin Company/CORFAC International has brokered the $5.28 million sale of a 71,360-square-foot industrial building located at 18747 Laurel Park Road in Rancho Dominguez. The concrete tilt-up structure features dock-high and ground-level loading, 3,956 square feet of office space, a 22-foot clear height and on-site parking for 72 cars. C&W Investment Group LLC acquired the property from T. A. Associates, which was represented by The Klabin Company/CORFAC’s Todd Taugner, David Prior and Frank Schulz.
LINCOLNSHIRE, ILL. — Interior Investments has purchased a 75,703-square-foot industrial warehouse building, which is located at 550 Bond St. in Lincolnshire. Bond Street LLC sold the property for an undisclosed price, although the asking price was $4.4 million. Situated on 4.3 acres, the property offers 10,183 square feet of office space, three interior loading docks and heavy parking. Keith Puritz, Brett Kroner, Ryan Bain and Zach Graham of CB Richard Ellis (CBRE) brokered the transaction.