IRVINE, CALIF. — Todd E. Schiffman has sold a 42,000-square-foot industrial property, located at 16902 Von Karman Ave. in Irvine, for $4.2 million. Voit Real Estate Services’ John Griffin represented both the buyer, Bellis Investments, and the seller in the transaction.
Industrial
HANOVER PARK AND CHICAGO, ILL. — Krusinski Construction C. has completed two tenant improvement projects in Illinois. In Hanover Park, the company completed a 20,000-square-foot freezer and cooler vestibule for JFC International, a distributor of Asian food products. The project included new access and egress for employees though the expanded parking lot. California-based Gene Cipparone Architects provided design services for the project. In Chicago, Krusinski renovated a 17,000-square-foot facility to include an 8,000-square-foot freezer, a cooler area and a production line area for Diana's Bananas, a producer and distributor of chocolate-dipped frozen bananas. Chicago-based Archideas provided architectural services for the facility, which is located on Harrison Street.
CENTRALIA, ILL. — Donnewald Distributing has completed the disposition of a warehouse facility in Centralia. Located at 115 Harting Dr., the property offers 37,730 square feet of industrial space. Wire Basket Tray acquired the facility for an undisclosed price. The BARBERMurphy Group brokered the transaction.
EDISON, N.J. — Italian food distributor Colavita USA has acquired an Edison industrial facility for its new headquarters. The 179,680-square-foot facility is located on 10.96 acres at One Runyons Lane. It features 27-foot ceilings, 40-foot by 35-foot column spacing, 14 truck doors, two drive-in bays and 36,205 square feet of office space. Colavita will be relocating to the property from Linden, N.J. Gary Capetta of Pantheon Properties represented Colavita in the deal. The Jones Lang LaSalle team of Joel Lubin and Chuck Fern represented the seller, GUND, a toy manufacturer. The acquisition price was not disclosed.
NEW YORK CITY — Moore & Maltby Associates has purchased a 29,000-square-foot warehouse located in the South Bronx for $3.2 million. The property contains 30-foot ceilings and two indoor cranes. Michael Rao and Frank Rao of New York Commercial Realty Group represented the buyer. Eitan Agbashoff of City One Real Estate represented the undisclosed seller.
MOUNT VERNON, N.Y. — Terranova Bakeries has purchased a 26,071-square-foot bakery facility at 535 S. Fourth Ave. in Mount Vernon for $1.8 million. Nicholas Morizio of the Hartford, Conn., office of Colliers International represented the buyer. The seller's name was not released.
DALLAS — A 63,939-square-foot office and industrial property, located at 10031 Monroe Dr. in Dallas' Stemmons/Walnut Hill industrial submarket, has traded. Situated in Monroe Business Park, it is a multi-tenant, shallow-bay property with showroom, office and warehouse areas. Scott Ryan of Marcus & Millichap's Dallas office represented the seller, an unlisted partnership from Dallas. It was approximately 81 percent occupied at the time of the sale.
NAPA, CALIF. —Cassidy Turley BT Commercial has closed the $6.45 million sale of the 52,875-square-foot All American Mini Storage Facility, located at 1111 Soscol Ferry Road in Napa. Constructed in 1987 and more than 90 percent leased at the time of sale, the 15-building property consists of 427 self-storage units and includes 212 RV spaces. Cassidy Turley BT Commercial’s Tom McMullan represented seller, GBH-NMS LLC, in the transaction; the buyer was 1111 Soscol Ferry Mini Storage.
FOREST PARK, OHIO — Stan Johnson Co. has completed the sale of an industrial property , which is located at 1700 Carillon Blvd. in Forest Park. The 335,700-square-foot facility is 100 percent occupied by The Hillman Group, a distributor of fasteners, keys, letters, numbers, signs and engravings. New York-based Angelo Gordon & Co. acquired the property, which is situated on 21 acres, for an undisclosed price. Craig Tomlinson of Stan Johnson Co. represented the seller, Cincinnati United Contractors Inc., and the buyer in the transaction.
NORTH ROYALTON, OHIO — A Columbus, Ohio-based independent investor has acquired a 21,514-square-foot warehouse/office facility in North Royalton. Located at 8888 Ridge Road, the property, which houses an AT&T Corporate Training Facility, is approximately 80 percent warehouse space and 20 percent office space. Dan Cooper of The Cooper Commercial Investment Group represented the sellers, a Cleveland-based private entity, in the transaction. Terms of the sale were not disclosed.