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.
Industrial
ST. LOUIS — Net Lease Holdings has acquired an industrial space in St. Louis in a $2.72 million sale-leaseback transaction. STL Craigshire sold the 36,561-square-foot industrial space, which is located at 1940 Craigshire Road. Vernon Martens and Faith Martens of Grubb & Ellis|Gundaker Commercial, along with Colliers Turley Martin Tucker, represented the seller in the transaction.
ST. LOUIS — Net Lease Holdings has acquired an industrial space in St. Louis in a $2.72 million sale-leaseback transaction. STL Craigshire sold the 36,561-square-foot industrial space, which is located at 1940 Craigshire Road. Vernon Martens and Faith Martens of Grubb & Ellis|Gundaker Commercial, along with Colliers Turley Martin Tucker, represented the seller in the transaction.
PORT WENTWORTH, GA. — Savannah, Ga.-based developer Wrenn Blalock has sold a 400,000-square-foot distribution building to Duke Realty Corp. for an undisclosed amount. The property is located near the Port of Savannah at 602 Expansion Blvd. in Port Wentworth. NLS Real Estate Holdings fully leases the space.
TALLMADGE, OHIO — Wave Lighting has leased a 34,000-square-foot industrial space in Tallmadge. The company plans to use the facility, which is located at 235 Northeast Ave., for offices, warehousing and light assembly. Jeff Davis and Tom Fox of NAI Cummins brokered the transaction of behalf of both parties.
SHELBY TOWNSHIP, MICH. — Hi-Tech Furnace, a manufacturer in the aerospace industry, has purchased a 10,464-square-foot building, which is located at 13179 W. Star in Shelby Township. Joe DePonio and Jason Capitani of L. Mason Capitani represented the seller, UPS Capital, in the transaction.
MACON, GA. — HD Supply Plumbing f/k/a Hughes Plumbing & Supply LTD has sold its plumbing materials warehouse to Macon Area Habitat for Humanity for an undisclosed amount. The 53,686-square-foot property is located on 4.5 acres at 690 Holt Ave. in Macon. Art Barry of Coldwell Banker Commercial Eberhardt & Barry in Macon and Rick Vaughn of the Atlanta office of Colliers Spectrum represented the seller.
BRANFORD, CONN. — Branford,-based The Geenty Group, Realtors, has brokered the sale of a 10,000-square-foot warehouse located at 140 N. Branford Road in Branford for $800,000. Kristin Geenty and Kevin Geenty of The Geenty Group represented the buyer, Vigliotti Construction Co., as well as the seller, GHM, Inc. The buyer plans to renovate the facility and relocate its corporate offices to it.
MIRA LOMA, CALIF. — Marcus & Millichap has brokered the $4.2 million sale of Freeway Commerce Center, an 11-unit industrial park located in Mira Loma. Built in 2009 to condominium specifications, the property was vacant at the time of sale with nine built-out units and two other units in shell condition. Marcus & Millichap’s Michael Lawrence and Stewart Weston represented the seller, a financial institution, in the REO transaction, and Lawrence also represented the buyer, an Orange County-based limited partnership.
DELRAY BEACH, FLA. — SIKON Construction of Deerfield Beach, Fla., will soon start work on a 13,800-square-foot distribution center for Blue Bell Creameries. The property will be located at the interchange of West Atlantic Avenue and U.S. 441 in Delray Beach. Birmingham, Ala.-based Gresham, Smith and Partners designed the facility. Delivery is expected at the end of 2010.