CHICAGO — ML Realty Partners has acquired a 162,915-square-foot industrial building in Chicago. Situated on 9 acres at 929 Exchange Ave., the facility is 100 percent occupied. Victor DeBoer and Pat Shannon of Darwin Realty and Development represented the buyer. The seller and acquisition price were not released.
LANCASTER, MASS. — Horn Packaging has purchased the former Rockport Factorty Stores manufacturing facility in Lancaster for the consolidation of its Boston-area operations. The Class A property is located at 580 Fort Pond Road. It contains 275,000 square feet of manufacturing and distribution space. Amenities include 34-foot ceilings, 23 exterior loading docks and 163 parking spaces. The UGL Services team of James Halepis, Roger Williams and Michael Cook represented the buyer in the deal. The seller, 580 Fort Pond LLC, was represented by Andrew Sacher of Parsons Commercial Group. Horn Packaging will take occupancy of the building in the second quarter.
BILLERICA, MASS. — Nova Biomedical has purchased an 80,000-square-foot manufacturing/warehouse facility in Billerica. Located at 39 Manning Road, the facility contains 14-foot ceilings, heavy power, distributed air lines, and ample loading docks and truck parking. Nova is relocating its manufacturing and warehousing operations to the new property from a smaller facility in Bedford, Mass. Jack Kerrigan of Grubb & Ellis arranged the deal between Nova and the undisclosed seller. The acquisition price was also not released.
GRAND PRAIRIE — Keystone Automotive Industries has leased 168,000 square feet of industrial and distribution space at Grand Lakes I in Grand Prairie. Dan Cook and Mark Becker of Cushman & Wakefield of Texas, along with Jake Bobek of Cushman & Wakefield Los Angeles, represented Keystone, while Curt Hefner of Duke Realty represented the landlord, Duke Realty Limited Partnership. The lease allows Keystone, a subsidiary of LKQ Corp., to consolidate two Dallas-Fort Worth locations, while expanding its facility, in a more centralized location.
MESA, ARIZ. — Colliers International–Greater Phoenix has negotiated the $6.4 million acquisition of approximately 22.65 acres at the northwest corner of West Broadway Road and South Brooks Road in Mesa. The buyer, Crescent Crown Distributing, plans to develop a new 69,230-square-foot corporate headquarters, a 260,696-square-foot distribution facility and a 10,446-square-foot repair shop on the site. Colliers International’s Eric Bell and Mike Ciosek represented the buyer, which ranks as the fifth largest beer wholesaler in the nation. Represented by Randall Blum of locally based REB Ltd., the seller is three entities owned by Craig Berge of Mesa: Broadway Brooks LLC, Mesa Leasing Corp., and Broadway 20 LLC. Crescent Crown expects to break ground on the new facilities in February, with completion slated for 2012.
BURR RIDGE, ILL. — Woodridge, Ill.-based Morgan/Harbour Construction has completed a 32,065-square-foot warehouse expansion for Dik Drug Co. Located at 160 Tower Dr. in Burr Ridge, the expansion includes five exterior docks, one drive-in door and 28-foot clear ceiling heights. Cornerstone Architects provided architectural services and Jacob & Hefner served as civil engineer for the project.
MELROSE PARK, ILL. — Darwin Realty & Development Corp. has completed the sale of an industrial building in Melrose Park. Power Plant Services Corp. purchased the 31,360-square-foot building, which is located at 3201 Soffel Ave., for an undisclosed price. The property features 18-foot ceiling clearance, three interior docks and 4,500 square feet of office space. Daniel Fanelli and Anthony Leeds of Darwin Realty represented the undisclosed seller and buyer in the transaction.
ATTLEBORO, MASS. — the former Kilmartin Industries/Roger Williams Mint has traded for an undisclosed amount. The 128,000-square-foot manufacturing facility is located within Northwest Attleboro Industrial Park at 79 Walton St. in Attleboro. The buyer is a realty company that plans to lease the property to Stergis Window & Doors Manufacturing. David Stubbledine and Donald Hampton of The Stubbledine Company represented the buyer. Gerry Surprenant of MG Commercial represented the undisclosed seller.
DALLAS — Loren Sign Co., a California-based company, has sold an 8,085-square-foot warehouse and distribution center located at 1393 Round Table in west Dallas, between Highway 183 and Interstate 35, to a local user. John Bielamowicz of Henry S. Miller Brokerage's Dallas-Fort Worth office represented Loren Sign Co., while Jackie Carter, an independent licensed sales professional, represented the buyer.
POMPANO BEACH, FLA. — Michael Feingold, owner of Wristband Specialty Products, has acquired the Barr Wholesale Building at 1650 N.W. 33rd St. in Pompano Beach. The 19,095-square-foot industrial facility sold for $1.1 million. Richard Reicher of Uniweb Commercial represented the buyer; Jeffrey Scott of Brenner Real Estate Group represented the seller, Jeff and Lisa Barack of the Barack Family Real Estate Holding Group, in the transaction.