CHICAGO — Roll & Roll has purchased 2310 West 58th Street in Chicago’s Englewood neighborhood for $2.9 million. The 137,688-square-foot facility features 18- to 30-foot clear ceiling heights, 6,364 square feet of office space, five interior depressed docks, 12 cranes, four drive-in doors and heavy power capability. The buyer is a family owned metal fabricator company that specializes in stainless steel products for the meat and food industries in Chicagoland. Matt Rogatz of Chicago Industrial Real Estate represented the buyer; Michael Nelson and Mark Nelson of Paine/Wetzel • ONCOR International represented the seller, Great Western Steel Co., in the transaction.
WALTON HILLS, OHIO — MMERGY has acquired a warehouse facility, which is located at 7780 Northfield Road in Walton Hills. The buyer will utilize the 40,212-square-foot facility for warehousing and storage needs for Cleveland-based Arhaus furniture. Robert Wetzel of NAI Daus represented the undisclosed seller in the transaction; the buyer was self-represented.
ORLANDO, FLA. — Coca-Cola Enterprises has signed a 70,362-square-foot warehouse lease with DCT Industrial. The property is located at 8420 Boggy Creek Road in Orlando. Morrison Commercial Real Estate's Lisa Bailey represented Coca-Cola in the transaction. Moses Salcido of Southern Commercial Real Estate Advisors represented the landlord.
MEMPHIS, TENN. — Cronheim Mortgage has secured a $10 million acquisition loan for the purchase of a 487,670-square-foot FedEx Supply Chain Services warehouse in Memphis. The property, which was built in 1994, is located at the intersection of U.S. Highway 78 and Tuggle Road. The 5-year loan carries a 6.25 percent interest rate and a 20-year amortization schedule. Cronheim's Andrew Stewart, Dev Morris and Patrick Haggerty arranged the loan.
OMAHA, NEB. — Seldin Co. has sold a 70,000-square-foot facility to Goodwill Industries for $5.9 million. Located within Benson Park Plaza in Omaha, the property will be used as the new headquarters for Goodwill Industries serving Eastern Nebraska and Southwest Iowa. The building will include a 25,000-square-foot retail store and space for educational programs. Additionally, Seldin Co. has donated 352,000 square feet of fully improved infrastructure and paved parking area to Goodwill. Other tenants at Benson Park Plaza include Baker Supermarket, The Home Depot, Hancock Fabrics and Blockbuster Video.
CAMBRIDGE, MD. — GKD-USA has purchased the 65,705-square-foot Regina USA manufacturing facility from an undisclosed party for an undisclosed price. Located at 824 Chesapeake Drive in Cambridge, the property sits on 5.64 acres of land in the Chesapeake Industrial Park. Henry Hanna and Wesley Cox of Sperry Van Ness-Miller Commercial Real Estate brokered the sale.
JACKSONVILLE, FLA. — CB Richard Ellis Realty Trust has acquired a 601,500-square-foot build-to-suit distribution facility from a private party for an undisclosed price. Located at 2300 Pickettville Road in Jacksonville, the property is fully leased to Dr. Pepper until 2019. Building features include 32-foot high ceilings, ESFR sprinklers and T5 lighting.
TROY, MICH. — Forbes/Frankel Troy Ventures recently acquired the former Kmart headquarters in Troy. Situated on 40 acres at the corner of Big Beaver and Coolidge Highway, the property offers approximately 906,000 square feet of space. Robert Mahoney and David Long of CB Richard Ellis represented the seller, Diamond Troy JV, in the transaction. The acquisition price was not disclosed.
TROY, MICH. — Forbes/Frankel Troy Ventures recently acquired the former Kmart headquarters in Troy. Situated on 40 acres at the corner of Big Beaver and Coolidge Highway, the property offers approximately 906,000 square feet of space. Robert Mahoney and David Long of CB Richard Ellis represented the seller, Diamond Troy JV, in the transaction. The acquisition price was not disclosed.
CHICAGO — Metal fabricator 4800 S. Hoyne Corp. has purchased a 137,688-square-foot crane facility in Chicago. Located at 2310 W. 58th St., the property sold for an undisclosed price. Matt Rogatz of Chicago Industrial Real Estate represented the buyer; Mark Nelson, Mike Nelson and Ed Wabick of Paine/Wetzel • ONCOR International represented the seller, Great Western Realty, in the transaction. The acquisition price was not disclosed.