LA MIRADA, CALIF. — Voit Real Estate Services and CB Richard Ellis have completed a 10-year lease of a 120,348-square-foot industrial property located adjacent to the Orange County line at 16050 Canary Ave. in La Mirada. Voit’s Luke McDaniel and Cameron Driscoll and CBRE’s Rick McGeagh and Josh Bonwell represented the landlord, Mirada Enterprises, in the transaction, and NAI Capital’s Doug Wubbena represented the lessee, E.T. Horn Co.
CHANDLER, ARIZ. — Marcus & Millichap has handled the more than $3 million sale of two industrial buildings, located at 208 South McKemy Ave. and 205 South Beck Avenue in Chandler. The brokerage firm’s Danny Kahn represented the undisclosed seller in the transaction. The properties total 97,809 square feet.
PHOENIX — Cassidy Turley BRE Commercial has completed the $1.95 million sale of a 32,350-square-foot Class B industrial building, located at 4825 E. Ingram Street in Phoenix. Cassidy Turley’s Kent Hanson represented the seller, Ingram LDB LLC, in the transaction, and MarCor’s Fran Marotta represented the buyer, Falcon Ingram LLC.
PLANO — Investors Business Daily and O'Neil Data Systems have purchased a 218,000-square-foot office and warehouse facility, located at 3100 E. Plano Pkwy. in Plano. O'Neil Data Systems will occupy 190,000 square feet, while Investors Business Daily will occupy 28,000 square feet. Bob Edge, Gary Collett, Matt Heidelbaugh, Mari Jones and Billy Gannon of Cushman & Wakefield of Texas represented the buyers, while Holmes Davis of Binswanger represented the seller.
LITTLETON, MASS. — Dover Saddlery has renewed its lease for 100,000 square feet of industrial space at 525 Great Road in Littleton. Micah Stubbledine and James Stubbledine of The Stubbledine Company/CORFAC International represented the landlord, Marvid Crabyl in lease negotiations. Chris Goodnow of Goodnow Real Estate Services represented the tenant.
JACKSONVILLE, FLA. — Mercedes-Benz USA has opened its 415,000-square-foot regional headquarters facility in Jacksonville. Located on International Parkway, the facility houses the sales operations Southern region office, a parts distribution center, a quality evaluation center and a learning and performance center. the project was designed by Orlando-based Cuhaci & Peterson Architects with MFC Customized Solutions providing industrial design services and Elkins Constructors serving as general contractor.
MONROE TOWNSHIP, N.J. — CB Richard Ellis (CBRE) has brokered the sale of a 25,845-square-foot industrial facility in Monroe Township. The building, located on 5.2 acres at 30 Abeel Road, features 38-foot clear ceilings, two 30-ton cranes, air-conditioned warehouse space and 8,874 square feet of office space. CBRE's Scott Belfer and Lou Belfer represented the seller, Mori Seiki, and the buyer, Insurance Restoration Specialists, which plans to use the space as its new corporate headquarters.
MESA, ARIZ. — Turner Opportunity Fund has acquired a 40,869-square-foot industrial property consisting of 14 condominiums, located within the Superstition Springs submarket in Mesa, from First Community Bank of New Mexico. CB Richard Ellis’ Greg White and Greg Koestner represented both the buyer and the seller in the transaction. Newport Beach, Calif.-based Turner plans to sell individual units and also lease some with an option to buy.
CARMEL, IND. — Browning Construction has completed a 15,800-square-foot expansion project for ACES Power Marketing's existing 25,000-square-foot property in Carmel. Located in Mayflower Park, the new facility features an energy-efficient HVAC system; a state-of-the-art, raised access trading floor; executive offices; and two tornado-proof shelter areas. Browning Day Mullins Dierdorf provided architectural services for the project.
LOGAN, N.J. — Reno, Nev.-based developer Dermody Properties has sold a 599,500-square-foot distribution center in Logan to an undisclosed financial institution. Logisticenter at Logan is a Class A building located at 1150 Commerce Blvd. within a 1,100-acre, master-planned business park. The LEED-Silver facility was originally developed in 2007 for Kimberly-Clark. Dermody Properties' equity partner in the property was Boston-based Great Point Investors. The sale price was not disclosed, but the property traded at a 7.39 percent capitalization rate.