OAK CREEK, WIS. — CenterPoint Properties is developing an 82,950-square-foot, build-to-suit industrial facility for Crothall Laundry Services, a division of Crothall Healthcare. Located on a 5.64-acre site in the Creekside Corporate Park in Oak Creek, the property will be used as a laundry facility for the Wayne, Penn.-based healthcare laundry provider. Terms of build-to-suit lease were not released.
RICHMOND, VA. — BTJM Holdings has purchased a 50,000-square-foot warehouse from Lobrico for $2.1 million. The property sits on 2.58 acres at 3210 W. Marshall St. in Richmond. Thalhimer's R. Scott Douglas brokered the sale.
WEST CALDWELL, N.J. — Maxlite has acquired a 52,204-square-foot warehouse/distribution building in Caldwell for its new headquarters. The property, which is located at 12 York Ave., will replace a nearby facility the company had been leasing. In addition to the warehouse space, the building contains 8,200 square feet of office space on the ground floor and mezzanine levels. Noah Balanoff and Stephen Elman of Cushman & Wakefield represented MaxLite in the sale. The seller, Triple W Realty Associates, provided in-house representation.
OKLAHOMA CITY — Q10 Kinghorn, Driver, Hough & Co. has arranged a $7.15 million loan for a warehouse leased to National Oilwell Varco. The 76,600-square-foot property is located in Oklahoma City. Aviva Investors funded the loan, which carries a 30-year amortization. Matt Franke of Q10 Kinghorn secured the loan.
KENT, WASH. — McQuaid Commercial has brokered the $2.1 million sale of a warehouse located at 22613 76th Ave. S in Kent. The building comprises a shell of 44,000 square feet situated on a 77,000-square-foot parcel. Michael McQuaid represented the seller, an out-of-state bank that foreclosed on the property late last year, in its disposition of the property to a local food distribution company.
CHICAGO — Daily Meat Supply Co. has selected Summit Design + Build as general contractor for a renovation of the company's recently acquired 25,600-square-foot industrial facility in Chicago. Located at 2323 W. Fulton Market in Chicago's West Loop, the project will include the addition of a 10,000-square-foot freezer, 13,000 square feet of refrigerated cooler space, a processing and loading dock area, and 1,800 square feet of office space with a mezzanine level. Additionally, the property will receive new HVAC units, refrigeration units and incoming electrical service. Completion is slated for this fall. Daily Meat Supply Co. is relocating from its current location at 1000 W. Fulton Ave. in Chicago. Cornerstone Architects is providing architectural services for the project. Michael Nelson and Mark Nelson of Paine/Wetzel • ONCOR International represented the seller, Image 23, in the sales transaction. Greg Block of Millennium Real Estate represented Daily Meat Supply Co. in the transaction. Terms of the transaction were not released.
SAN LEANDRO, CALIF. — Colliers International has negotiated an almost 144,000-square-foot industrial lease at an approximately 326,000-square-foot warehouse/distribution facility located at 1345 Doolittle Avenue, Suite A, in San Leandro. A company that warehouses and distributes coffee and other products, The Annex is relocating from its Hayward, Calif., facility to the site adjacent to Oakland International Airport to be closer to the Port of Oakland. The building includes 4,800 square feet of office space and more than 20 dock-high loading doors. Colliers International’s Greig Lagomarsino and Casey Ricksen represented the landlord, AMB Property Corp., in the transaction, and Paul Mueller of Cornish & Carey represented the tenant.
CLINTON TOWNSHIP, MICH. — Green Metal Products has purchased a 33,958-square-foot industrial building, which is located at 24301 Capital Blvd. in Clinton Township. The company plans to use the facility to accommodate its expansion plans. The property was listed for $1.35 million, but the acquisition price was not released. Joe DePonio and Jason Capitani of L. Mason Capitani CORFAC International represented the undisclosed seller in the transaction.
FORT WORTH — Hearthstone Delaware Properties of California has sold a 157,000-square-foot warehouse to Conti Warehouses for an undisclosed amount. The property, which formerly served as space for Levitz Furniture, is located at 6913 West Camp Bowie Blvd. in Fort Worth. The space had been vacant for nearly 10 years. Pete and Drew Richardson of Henry S. Miller Brokerage represented Hearthstone in the sale. Ryan Wood served as in-house representation for the buyer.
SAN DIEGO — Dentt Properties has sold a 94,698-square-foot industrial park, located at 2731-2739 Via Orange Way in the Spring Valley area of San Diego, for $12.25 million. The five-building industrial park was 98 percent leased to 45 tenants at the time of sale. ECP Commercial represented the buyer, Monica Handler Penner, in the transaction, which was part of a 1031 exchange; Dentt, a San Diego-based real estate investment and development firm, represented itself.