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.
Industrial
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.
STERLING HEIGHTS, MICH. — Magna Powertrain of America has signed a lease for a 51,000-square-foot industrial building in Sterling Heights. The property is located at 6451 Fifteen Mile Road. Jason Capitani of L. Mason Capitani represented the undisclosed landlord. Terms of the lease were not released.
VENTURA, CALIF. — Solarsilicon Recycling Services LLC has acquired a 90,000-square-foot industrial building, located at 2433 Eastman Ave. in Ventura, from Art Dreams for $6.3 million. A company that recycles unusable and off-spec silicon and processes it into usable feedstock for the solar industry, SRS was represented by Mike Tingus of Lee & Associates-LA North/Ventura. Represented by DAUM Commercial Real Estate Services’ Michael Walsh and Melinda Walsh, the seller will lease back a portion of the building. The freestanding building includes more than 13,000 square feet of office space on two stories and features 24’ clear height, three dock-high and two ground-level doors.
ORLANDO, FLA. — Redmond, Wash.-based Univar USA Inc. has completed the disposition of a 12,897-square-foot office/warehouse building in Orlando. The property, which includes 2.8 acres, is located at 8120 and 8400 S. Orange Ave. Apex, N.C.-based PetroLiance Properties LLC bought the property, which includes 2,897 square feet of office space, for $875,000. Robert Blackwell and Sean DuPree of NAI Realvest represented the seller; Clemens Commercial Real Estate represented the buyer.
HARRISON TOWNSHIP, MICH. — Yangfeng USA Automotive Trim Systems has purchased three industrial buildings in Harrison Township. The 220,000-square-foot complex is located on Executive Drive. This location is the China-based company's first location in America. Jason Capitani and Tom Jablonski of L. Mason Capitani represented the undisclosed seller and coordinated the sale transaction for both parties. The acquisition price was not released.