CHILLICOTHE, OHIO — The Kitchen Collection, a wholly owned subsidiary of NACCO, has leased a 475,000-square-foot industrial facility situated on 34 acres in Chillicothe. The distribution center features 6- to 8-inch reinforced concert floors, 32-foot ceiling heights, 54-foot by 40-foot steel column spaces, pre-cast concert walls, an ESFR sprinkler system, 11,520 square feet of Class A office space, a cross-dock design with 41 9-foot by 9-foot dock doors with levelers and two 12-foot by 16-foot drive-in doors. Additionally, the facility is served by Norfolk Southern Railroad. Rob Gemerchak of Philadelphia-based Binswanger brokered the transaction, which was valued at $17.5 million.
Industrial
FORT WORTH — Suncom Holdings LP, a mattress manufacturing company, has purchased a 179,407-square-foot warehouse and distribution facility in Centreport Industrial Park, located at 4250 Cambridge Dr. in Fort Worth, with intentions to expand from its current Dallas location. Holmes Davis of Binswanger represented the seller, Nestle Waters North America, while Craig Jones of NAI Robert Lynn represented Suncom Holdings LP.
MOORPARK, CALIF. — Lee & Associates-LA North/Ventura has negotiated an 111,700-square-foot industrial lease at 609 Science Drive in Moorpark. Lee’s John Ochoa and Grant Harris negotiated the 7-year lease on behalf of AG Machining, which had initially planned to move its operations to Mexico. Colliers International’s John DeGrinis, Patrick DuRoss and Jeff Abraham represented the landlord, 609 Science Drive LLC, in the transaction.
SAN DIEGO — Voit Real Estate Services has directed the approx. $2.03 million sale of a 20,286 square-foot industrial property, located at 9808 Waples Street in the Sorrento Mesa submarket of San Diego. This single-tenant industrial building was vacant at the time of closing. Voit’s Randy LaChance and Jon Danton represented the seller, CT CL Fund II LLC (CT Realty Investors), in the transaction, and Tom Van Betten of Cassidy Turley BRE Commercial represented the buyer, Rancho Resources.
LOGAN, N.J. — Dermody Properties/DP Partners has acquired a vacant distribution facility located within Logisitcenter at Logan in the township of Logan. The 259,910-square-foot property is situated on 14.4 acres at 1109 Commerce Blvd. Constructed in 1998, the building features 10,000 square feet of office space, with the remainder consisting of air-conditioned manufacturing/warehouse space. Dermody plans to immediately reposition and lease up the property. The seller was Lexington Lion NEBC LP. Great Point Investors is Dermody's joint venture partner in the property.
IRVINE, CALIF. — DAUM Commercial Real Estate Services has handled the $8.65 million acquisition of a 95,005-square-foot industrial building located at 17352 Von Karman Ave. in Irvine. DAUM’s Mike Barreiro and Gavin Denniston represented the buyer, ICC-CHT LLC, in the transaction, and Voit Real Estate Services represented the seller, MAM-Von Karman LLC.
CHICAGO — 40th Place LLC has acquired a 268,200-square-foot industrial facility in Chicago. The property, which is located on 12.08 acres at 328 W. 40th Place, sold for an undisclosed price. The building is currently leased to a single tenant. Matt Rogatz of Chicago Industrial Real Estate represented the seller, JII Real Estate, in the transaction.
ELDRIDGE, IOWA — Joseph T. Ryerson has leased a 171,951-square-foot industrial property in Eldridge. The rail-served facility features 38- to 42-foot ceilings, 12-inch reinforced floor, and a 50-ton and two 30-ton bridge cranes. Ryerson will use the facility as a plate processing center. Charlie Armstrong of NAI Ruhl & Ruhl Commercial Company represented the landlord, Blue Dog LC, and Kathy Bellinger of Daum Commercial Real Estate Services represented the tenant.
TAMPA, FLA. — TCG I Tampa LLC, an affiliate of Trident Capital Group, has acquired a 175,920-square-foot warehouse facility in Tampa. MA & TN Sandifer Partnership sold the property, which is located at 4506 Acline Dr., for $7.5 million. Marc Goldberg of NAI Rauch Weaver Norfleet Kurtz & Co. represented the seller in the transaction.
HUDSON, N.H. — Tinkham Realty has brokered the sale of a 24,000-square-foot industrial building in Hudson for $1 million. Located on 2.64 acres at 19 Executive Drive, the property features 17-foot clear ceilings, two loading docks and 4,720 square feet of office space. The building will soon be occupied by Airex Filter Corp., which is relocating from a nearby facility. William Zolla of Tinkham represented the buyer, Stonehill Realty. The sellers were Debra Nash and Priscilla Clegg.