LEXINGTON, N.C. — United Furniture Industries has purchased a 362,595-square-foot Stanley Furniture distribution facility from an undisclosed party for $1.14 million. The property is located at 2 Hackney St. in Lexington. Doug Faris of Binswanger's Charlotte, N.C., office brokered the sale.
MOUNT PLEASANT, WIS. — Racine, Wis.-based Treasures Media Inc. has acquired a 209,166-square-foot manufacturing facility, which is located at 2745 Chicory Road in Mount Pleasant, for an undisclosed price. The wholesale book distributor plans to use the facility to accommodate its expansion. Gerry Norton of Binswanger’s Minneapolis office represented the seller, Paoli, Pa.-based Ametek Inc., in the transaction.
NEW BERLIN, WIS. — 1535 LLC has purchased 16333 West Rodgers Drive in New Berlin. The property offers 56,884 square feet of industrial space. James L. Coffey sold the property for an undisclosed price. Kevin Barry of Cassidy Turley Barry represented the buyer; Samuel M. Dickman Jr. and Samuel D. Dickman of The Dickman Company Inc./CORFAC International represented the seller in the transaction.
SANTA FE SPRINGS, CALIF. — Colliers International has negotiated the 7-year, more than $7 million lease of a 155,484-square-foot industrial building located at 12825 Leffingwell in Santa Fe Springs. Built in 2000, the facility is part of the 5.4 million-square-foot Golden Springs Business Center. Colliers’ Clyde Stauff and Stephen Calhoun represented the landlord, Santa Fe Springs-based Golden Springs Development Co., in the transaction, and Paul Sablock and Greg Matter of Jones Lang La Salle represented the tenant, Michigan-based Alticor/Access Business Group, a third-party manufacturer of consumer goods and subsidiary of Amway Corp.
OAK CREEK, WIS. — CenterPoint Properties Trust has acquired Oakwood Crossings Business Center I, a 139,726-square-foot industrial building located in Oak Creek. The newly constructed property sold for $8.7 million. Designed by Opus Architects & Engineers, the property features 26-foot clean heights, an ESFR sprinkler system, two drive-in doors and 14 fully equipped truck docks. Jed Degnan and Chad Vande Zande provided in-house representation for CenterPoint; Dave Everson provided in-house representation for the seller/developer, Rosemont, Ill.-based Opus North Corp.
HAZELWOOD, MO. — St. Louis-based Pinnacle Contracting is managing the $3 million expansion of a warehouse and distribution facility for Community Tire. Located on Pershall Road in Hazelwood, the existing 185,000-square-foot property will receive a 61,000-square-foot expansion. The company’s Hazelwood facility serves more than 3,000 customers in Missouri, Illinois, Iowa and Indiana. Core 10 is providing architectural services for the project, which is scheduled for completion this fall. Additional sub-contractors include Budrovich Excavating Inc., Vee-Jay Cement Contracting Co., Kupferer Brothers Iron Work, Kmeier Roof Systems, Mehaffy Door & Hardware Co., FireTech, Systemaire and Kaemmerlen Electric Co.
CLEAR LAKE, TEXAS — Weiss Realty has sold a 539-unit Safe-Keeping Self Storage facility to a subsidiary of WEDGE Real Estate Holdings for an undisclosed amount. The property is located at 900 West Nasa Parkway in Clear Lake. Aaron Swerdlin and Doug McCarron of Holliday Fenoglio Fowler represented the seller.
ONTARIO, CALIF. — DAUM Commercial Real Estate Services has handled the $4.3 million disposition of an 85,000-square-foot industrial building located at 2090 S. Baker Avenue in Ontario. DAUM’s Gus Andros represented the sellers, TC Logistics and DF Services, in the transaction, and Jeff Chiao of RE/MAX Realty 100 represented the undisclosed buyer.
PHOENIX — Binswanger has negotiated the $2.6 million sale of a 38,160-square-foot industrial building located at 3804 E. Watkins Street in Phoenix. Doug Heller of Philadelphia-based Binswanger represented Dow Chemical Co. in its disposition of the property to the Mission Woods, Kan.-based buyer, Layne Christensen Co.
JACKSONVILLE, FLA. — US Industrial REIT III has purchased the 469,830-square-foot General Electric Distribution Center from I&G UOC Jacksonville for an undisclosed amount. The Class A facility, which is located on 24 acres in Jacksonville, was built in 1996. The building includes T-5 lighting and a 3-year-old roof. CB Richard Ellis' Frank Fallon, Chris Riley and Nathan Rogers represented the seller.