EAST LONGMEADOW, MASS. — Manufactured housing builder Blu Homes has held the ribbon cutting ceremony for its new manufacturing facility. The new production plant totals 80,000 square feet and is located in East Longmeadow. Blu Homes' previous manufacturing facility was located in Littleton, Mass.
Industrial
IRVINE, CALIF. — Grubb & Ellis has represented Goodyear Investment LLC in its $11.6 million sale of 20 Goodyear, a 135,777-square-foot industrial building located in Irvine. Built in 1983, the single-story manufacturing facility includes dock-high and ground-level loading docks. Grubb & Ellis’ David Kluver and Nick Carey represented the seller in the transaction, and The Heger Company’s Hak Chung represented the buyer, Navien America.
SANTA MARIA, CALIF. — Through its affiliate Union Development Co. (UDC), Los Angeles-based real estate developer Barker Pacific Group has acquired A-American Self Storage, a self-storage and RV-storage facility in Santa Maria, for $4.5 million. Purchased from A-American/Santa Maria Storage Partners, the facility will be re-branded under UDC’s Storage Solutions name. The acquisition includes 108,564 square feet of rentable space across 849 storage units and 99 RV parking spaces on 5.65 acres.
CARLISLE, PA. — Hillwood Investment Properties has acquired Key Distribution Center, a more than 600,000-square-foot industrial property located in Carlisle. The Class A facility is situated on a 46.3-acre site at 1700 Ritner Highway. It was constructed in 2007. The seller was a joint venture between Chicago-based companies Higgins Development Partners and Pritzker Realty Group. Steve Bonge, Tim Brogan and Patrick McBride of Grubb & Ellis represented the venture in the deal. Michael Bartolacci, Gerald Bower and Jerry Moore of The Garibaldi Group represented the buyer. The acquisition price was not released.
SAN JOSE, CALIF. — Grubb & Ellis has negotiated ConAgra Foods Packaged Foods LLC’s $4.8 million sale of a 45,832-square-foot industrial building, located at 1744 Junction Ave. in San Jose, to Pan’s Junction Investments LLC. Located near Interstate 880, the freestanding building includes food-processing space and a five-door, covered dock platform. Grubb & Ellis’ David Sass represented the seller in the transaction, and Derik Benson of Cassidy Turley BT Commercial represented the buyer.
JANESVILLE, WIS. — Beloit, Wis.-based Hendricks Commercial Properties has purchased a 40,000-square-foot commercial property in Janesville. Located at 120 Burbank Ave., the former SSI Technologies property sold for $1 million. Barry Badertscher of Coldwell Banker Commercial McGuire Mears & Associates represented the buyer and the seller, Helgesen Properties, in the transaction.
RAYMOND, N.H. — The Kane Company has completed the sale of a 52,000-square-foot industrial property in Raymond. The building is situated on 10 acres at 13 Center St. It was formerly occupied by a plastics manufacturer. Fisher Auto Parts was the buyer and plans to use the facility as a warehouse for its Robbins Auto Parts operations. Joseph Kane of Kane represented the buyer, and Peter Bilipp, also of Kane, represented the undisclosed seller.
NEW YORK CITY — Massey Knakal Realty Services has brokered the sale of a multifamily building in Manhattan for $2.2 million. The five-story property is located at 254 E. 33rd St. It was delivered vacant but had been partially renovated. It contains a ground-floor commercial unit, five studio apartments and a one-bedroom duplex. Massey Knakal brokers John Ciraulo and Thomas Donovan completed the deal between the two undisclosed parties.
CERRITOS, CALIF. — Colliers International has completed the $4.35 million acquisition of a 48,351-square-foot industrial building located at 17719 Valley View in Cerritos. Built in 1980, the facility is situated on 100,619 square feet of land in south Los Angeles County. Colliers represented Cerritos-based 17719 D & D Management LLC in its purchase of the property from Visalia, Calif.-based Oviatt Family Trust, which was represented by Lee & Associates Tom Gilmer, Brad Gilmer and Clif Fincher. The buyer’s distribution operation, Nelson-Dunn Inc., will occupy the space for the warehousing and distribution of hose and hydraulic components.
LAS VEGAS — Kenneth D. Goodrich has purchased a new 19,786-square-foot industrial building and an undeveloped 1-acre land parcel, located at 6275 S. Pioneer Way within the Buffalo/215 Business Park in the southwest submarket of Las Vegas, from Panattoni Development Co. for $1.85 million. Goodrich will lease the facility to Yes! Air Conditioning and Plumbing, a division of American Residential Services LLC, and develop the land parcel into a parking facility for 100 service vehicles; 7,500 square feet of the building will be converted to office space. Colliers’ Pat Marsh represented Panattoni in the transaction, and Grubb & Ellis’ Xavier Wasiak and Kara Walker represented Goodrich, who is the founder and president of Yes! Air Conditioning and Plumbing.