SUNNYVALE, CALIF. — Accuray recently signed a 113,616-square-foot lease for two R&D buildings located within LaSalle’s Caribbean Corporate Center at 1310 and 1320 Chesapeake Terrace in Sunnyvale. GVA Kidder Mathews’ Dave Vanoncini and Jim Maggi represented the medical device company in its negotiations with the landlord. The deal was structured to allow Accuray to remain in its current space while a new building is built to the company’s specifications with a second-floor pedestrian bridge connecting the two.
O’FALLON, MO. — O’Fallon Castings has acquired a 115,200-square-foot warehouse/distribution building, which is located at 601 Cannonball Lane in O’Fallon. The property sold for $3.48 million or $30.25 per square foot. Geoffrey Orf and J. Patrick Reilly with Gateway Commercial|Cushman & Wakefield Alliance represented the seller, First Industrial Realty Trust, in the transaction.
WILMER, TEXAS — Continental Tire has signed a lease for 287,827 square feet of industrial space at First Park Dalport, a distribution center located in Wilmer that is owned by First Industrial Realty Trust. Continental will utilize the new space as its product distribution center for the Southwest region. Robert Allen of First Industrial's Dallas office handled the transaction on behalf of the REIT, with assistance being provided by Terry Darrow, Kacy Jones and Will Wyatt of Jones Lang LaSalle. Terms of the lease were not disclosed.
HOUSTON — NAI Houston has brokered the sales of two Houston industrial properties. In the first transaction, Cisco Boilers purchased a 21,250-square-foot property located at 5935 Griggs Road. Chris Caudill and Joel Michael of NAI Houston represented the buyer. Conrad Bernard of Boyd Commercial represented the seller, CDE Corp. In the second transaction, Spearman Investments acquired a 7,000-square-foot property located at 8600 Fawn Trail. Darren O'Conor of NAI Houston represented the buyer, Spearman Investments. Josh Feinberg of J. Beard Real Estate Co. represented the seller, Caribe Properties. The acquisition prices in both transactions were undisclosed.
ORLANDO AND LONGWOOD, FLA. — Michael Heidrich of NAI Realvest has brokered the sale of two industrial properties worth $1.78 million. Miami-based Conquistador Realty Holdings sold a 32,000-square-foot property, located at 3941 Bryn Mawr St. in Orlando, to Overland Holding Corp. of Altamonte Springs, Fla., for $1.3 million. Joe Ardolino of RealPro Group represented the buyer. In the second transaction, Ferguson Enterprises of Newport News, Va., sold a 5,250-square-foot building at 370 North St. in Longwood to Structural Contractors South for $480,000. Lee Unargo of Charles Rutenberg Realty represented the buyer.
BOLINGBROOK, ILL. — Tennessee-based Ozburn-Hessey Logistics (OHL) has signed a lease for 183,500 square feet of industrial space at Bolingbrook Corporate Center West Building II in Bolingbrook. The property features 32-foot clear heights, 48 docks and parking for 265 cars. The facility offers OHL the opportunity to expand into a 269,590-square-foot flex space. Jeff Smith of IDI, along with Ben Cremer and Mike Robbins of NAI Hiffman, represented the landlord, IDI, in the lease negotiations. J.D. Salazar of Champion Realty & Advisors represented OHL.
ORLANDO, FLA. — McKesson Medical-Surgical has renewed its lease with Orlando Warehouse Portfolio for the 216,478-square-foot warehouse at 401 Gills Drive in Orlando. The deal will keep McKesson in the property for the next 36 months. Erik Schwetje of CB Richard Ellis' Orlando office represented the landlord. The firm's Ray Romano represented the tenant.
HUMBLE, TEXAS — NAI Houston has brokered the acquisition of an 18,180-square-foot industrial building located at 8541 N. Sam Houston Parkway in Humble. Chris Caudill and Joel Michael of NAI represented the buyer, Electro Technical Industries. Howard Sims of Workplace Solutions represented the seller, Carrier Air Systems. In addition, Electro Technical Industries purchased 3.65 acres of land at the corner of East North Belt and North Park drives, also in Humble. Caudill and Michael also represented Electro in this transaction. Ryan Wasaff and Brad Berry of GSL represented the seller, GSL Constructors.
ST. PETERSBURG, FLA. — Upper Saddle River, N.J.-based Hunter Douglas Fabrication Co. has sold a 131,800-square-foot warehouse to Oettinger Davidoff Group for $7.15 million. The buyer will use the property, which is located on 5.5 acres at 3001 Gateway Center Parkway in St. Petersburg, as its new U.S. headquarters. Paula Clair Smith of St. Petersburg-based Osprey Real Estate Services represented the seller.
ATTLEBORO, MASS. — Framingham, Mass.-based Parsons Commercial Group has arranged the sale of a 202,683-square-foot industrial building located in Attleboro for $12.5 million. The property was built in 1979 and is located at 505 Collins St. It has undergone a recent expansion and contains 18 loading docks, two drive-in doors and 18-foot clear ceiling heights. Victor Galvani of Parsons represented the buyer, a private investor satisfying a 1033 exchange. Peter Joseph of Eastdil Secured represented the seller, AMB Property Corp.