ORLANDO, FLA. — Mohawk Industries Inc. has leased 46,002 square feet of industrial space in Orlando. Located at 7320 Kingspointe Parkway, the property was leased for an undisclosed price. Moses Salcido of Southern Commercial Real Estate Advisors represented the landlord, Crownpointe Buildings, in the transaction. Kaycee Kapels of Jones Lang LaSalle represented the tenant. Terms of the lease were not released.
Industrial
SHELBY TOWNSHIP, MICH. — Close Quarters Tactical LLC has signed a lease for a 26,660-square-foot industrial building, which is located at 50485 Utica Road in Shelby Township. The tenant will offer a state-of-the-art tactical gun range within the facility. The new location will serve as a training center of choice for police, SWAT, FBI and corporate security teams across the Midwest. Jason Capitani and Joe DePonio of L. Mason Capitani CORFAC International represented the tenant and the undisclosed landlord in the deal. Terms of the lease were not released.
SAN FRANCISCO — Cassidy Turley BT Commercial’s Scott Mason has represented Tony Leong in his $5.85 million acquisition of a 30,000-square-foot warehouse facility in San Francisco from YRC Inc. The new owner/user operates an electrical company and will be utilizing a portion of the property, which is primarily a cross-dock facility that also consists of nearly 70,000 square feet of yard space.
SALEM, ORE. — Marcus & Millichap has presided over the sale of two industrial buildings totaling 156,000 square feet, located at 4050 and 4060 Fairview Industrial Drive in Salem. Terms of the deal were not disclosed. Marcus & Millichap’s Michael Kapnick and Will Stone represented the buyer and the seller, both limited liability companies, in the transaction.
IRVINE, CALIF. — Voit Real Estate Services has negotiated a $7.7 million lease for a 93,433-square-foot industrial property located at 17622 Von Karman Ave. in Irvine. Voit’s John Griffin represented the landlord, MDD Partners II LP, in the transaction, and Jones Lang LaSalle’s Wade Clark represented the tenant, Latisys-Irvine LLC.
EAGAN, MINN. — Hanco Corp. has acquired an office-warehouse facility in Eagan for an undisclosed price. Situated on 5.11 acres at 2855 Eagandale Blvd., the 73,405-square-foot property will serve as the headquarters for the buyer. The property was previously occupied by the seller, Factory Motor Parts. Zach Anderson and Phil Simonet of Bloomington, Minn.-based Paramount Real Estate Corp./TCN Worldwide represented the buyer in the transaction.
WAYNE, N.J. — NAI James E. Hanson has brokered the sale of a flex building located at 400 Newark Pompton Turnpike in Wayne. The property consists of a 39,000-square-foot building situated on more than 5 acres. The building features 9,000 square feet of office space, with the remainder consisting of warehouse space. The warehouse component contains 24-foot clear ceilings, three dock doors, drive-in capability, outside storage space, and car and trailer parking. The buyer, Krowne Metal Corp., plans to also occupy the building. NAI's Barry Cohorsky represented the buyer. W. Joshua Levering and Gregory Reid, also of NAI, represented the seller, The United Yarn Products Company. The acquisition price was not released.
RIVERSIDE, CALIF. — Lee & Associates has closed the $4.2 million sale of a 111,316-square-foot industrial building located at 1850 Atlanta Ave. in Riverside. The freestanding industrial facility is situated on 10 acres of fenced-in property. Lee & Associates’ Bruce Springer and Vince Anthony represented the seller, Fleetwood Enterprises, in the transaction, and the brokerage firm’s Jeff White, along with Brad Yates of Grubb & Ellis, represented the buyer, Crystal Windows.
ATLANTA — An affiliate of KTR Capital Partners has acquired Gateway Distribution Center, a two-building warehouse complex located at 6047 and 6049 Fulton Industrial Blvd. SW in Atlanta. Situated on 19 acres, the 410,806-square-foot facility features rail service, 24-foot clear ceiling heights, T-5 lighting, and 102 exterior dock doors. The property is currently 74 percent leased to two tenants. The acquisition price was not released. CB Richard Ellis represented the undisclosed seller in the transaction.
GREEN PARK, MO. — Italian-based Bitrode Corp. is relocating and expanding its operations in the St. Louis area. The company has selected ARCO Construction Co. to construct an 85,000-square-foot facility at 9787 Green Park Industrial Dr. in Green Park. The facility will offer 54,000 square feet of manufacturing space, 12,000 square feet of office space and 19,000 square feet for future expansion. ACI Boland is providing architectural services for the project, which is scheduled for completion in April 2011. Other project partners include Civil Engineering Design Consultants, McNealy Engineering, Aschinger Electrial, C R Mechanical and Parkway Construction Services. Keenan Properties in representing Bitrode in the transaction.