DALLAS — Hord Street Properties has purchased a 45,820-square-foot warehouse from a private party for an undisclosed price. The property is located at 1245 Viceroy Drive in Dallas. Richard Myers and Clint Riley of Bates & Myers Co. represented the buyer in the transaction. Stream Realty Partners' Todd Noonan represented the seller.
Industrial
MILWAUKEE — Jiminez LLC has purchased a 66,000-square-foot industrial property in Milwaukee. The 3-acre property is located at 920 and 1000 W. Bruce St. Blackhawk Development sold the facility for an undisclosed price. Brian Parrish of The Dickman Company/CORFAC International brokered the transaction.
HOUSTON — Houston Uniform Apparel Co./Accent Sign Awning Co. has purchased a 38,500-square-foot warehouse from a private seller for an undisclosed price. The property is located at 6015 Skyline Drive in Houston. NAI Houston's Griff Bandy and Jon Silberman represented the buyer.
SAN BERNARDINO, CALIF. — DAUM Commercial Real Estate Services has negotiated a 191,216-square-foot industrial lease at 5404 Industrial Parkway located within the Industrial Parkway Business Center in San Bernardino. FTDI West Inc., a Florida-based clothing distribution and logistics company, signed a $2.6 million, 66-month lease for the entire building, which was completed in 2008. DAUM’s Mark Zorn and Tal Siglar represented the landlord, VID LLC, in the transaction, and DAUM’s Gus Andros, Jones Lang LaSalle’s Scott Leitenburg and Charles Dunn Co.’s John Bowman represented the tenant.
CHARLOTTE, N.C. — Replico Corp. has signed a 125,400-square-foot lease with M David Properties for the first of four buildings under construction at SilverLanding in Charlotte. The warehouse, located at 6800 Steele Creek, was designed by Wash Hatem Nelson Architects and features T-5 lighting, TPO reflective roof membranes and trailer storage. Cassidy Turley's Lane Holbert and Barb Jespersen, along with Ed Mendence of Sperry Van Ness, represented the tenant. Warren Snowdon and Ralph Oldham of Commercial Carolina represented the landlord.
CHICAGO — NorthMarq Capital’s Chicago regional office has arranged $7.9 million in first mortgage financing for a 253,151-square-foot industrial portfolio in Chicago. The single- and multi-tenant portfolio consists properties in Elmhurst, Lombard, Elk Grove Village and Buffalo Grove, Ill. Provided by PPM Finance, financing was based on a 10-year term with a 25-year amortization schedule. Jeff Cherner of NorthMarq secured the loans for the borrower, Value Industrial Partners.
BAYONNE, N.J. — Continental Concession Supplies has purchased a 95,000-square-foot warehouse in Bayonne for $5.13 million. The property is located at 20 Pulaski St. Doug Richter and Ian Grusd of Sperry Van Ness | Richter Grusd represented the buyer. Raymond Musalo of Greiner-Maltz represented the seller, V&J Realty.
VICTORVILLE, CALIF. — Stirling Capital Investments has secured an 8-year, $2 million lease signing from Plastipak Packaging Inc. for 65,000 square feet located at 13415 Sabre within the 2,500-acre Southern California Logistics Centre (SCLC) in Victorville. CB Richard Ellis’ Jay Dick and Mark Latimer represented Stirling Capital in its lease transaction with the Plymouth, Mich.-based manufacturer of plastic packaging containers. The Plastipak building, the newly constructed, Class A Distribution Centre 13A, is part of Phase I development of the SCLC totaling more than 6.5 million square feet of facilities.
PERRYSBURG, OHIO — Northwood, Ohio-based JTEA Inc. has purchased an 87,335-square-foot industrial property in Perrysburg. Parsippany, N.J.-based Toledo Technologies sold the facility, which is located at 28271 Cedar Park Blvd., for $1.2 million. Ronald Jurgenson of CB Richard Ellis|Reichle Klein represented the buyer, while Jerry Malek, also Reichle Klein, represented the seller in the transaction.
HOUSTON — North East Trade Center has signed a 60,000-square-foot lease with Canal Warehousing for industrial space in Houston. The property is located at 5411 Mesa Road. Rob Stillwell of Grubb & Ellis brokered the transaction. Terms of the lease were not released.