FORT MILL, S.C. — Monmouth Real Estate Investment Corp. has purchased a 112,784-square-foot warehouse from an undisclosed party for $12.6 million. FedEx Ground Package System net leases the property, which is located at 3058 Lakemont Blvd. in Fort Mill. Porthaven Partners' Darren Sides represented the buyer.
LANHAM, MD. — Amerco Real Estate Co. has purchased an 80,000-square-foot warehouse from First Industrial Realty Trust for $5.45 million. The property is located within Washington Business Park at 9800 Martin Luther King Jr. Highway in Lanham. CB Richard Ellis' Adam Weidner represented the buyer. Matthew Laraway and Ned Brady of Cushman & Wakefield represented the seller.
NEW HYDE PARK, N.Y. — CCSI Continental Concessions has acquired a 95,000-square-foot distribution center in New Hyde Park. The single-story building is located at 20 Pulaski St. Raymond Musalo of Greiner-Maltz represented the undisclosed seller. Ian Grusd of Sperry Van Ness represented CCSI. The acquisition price was not disclosed.
ANAHEIM, CALIF. — Total Environmental Management has purchased a 24,447-square-foot industrial building, located at 1415 N. Burton Place in Anaheim, from Lloyd Wells for $3.9 million. Grubb & Ellis’ Steve Sprenger and Scott Sanders represented the seller in the transaction, and Brett Blazicek of C & I Real Estate Consulting represented the buyer.
GARLAND, TEXAS — Northwestern Mutual Life Insurance Co. has renewed leases totaling 113,790 square feet with two tenants in the Gateway East Business Center in Garland. Bearcom Operating signed a 91,200-square-foot flex renewal at 4009 Distribution Drive. The tenant represented itself in the transaction. M Solutions signed a 22,590-square-foot lease renewal for flex space at 4002 W. Miller Road. David Little Real Estate Co. represented the tenant. Susan Singer and Chris Stout of Bradford Commercial Real Estate Services represented the landlord in both transactions.
NEW YORK CITY AND RIDGEWOOD, N.J. — Marcus & Millichap has completed two Tri-State commercial sales. First, a partially vacant multifamily and retail building located in Brooklyn traded for $620,000. Bryan Schellinger and Zachary Felson represented the seller, and Matthew Fotis, also of Marcus & Millichap, represented the buyer. In the second transaction, a 2,581-square-foot retail property located in Ridgewood traded for $1.25 million. David Thurston of Marcus & Millichap represented the seller and secured the buyer. The parties in both transactions were not disclosed.
GRAND PRAIRIE, TEXAS — TFP1 1159 has sold a 15,064-square-foot warehouse to D&R Ward Properties for an undisclosed amount. The property is located at 1159 113th St. in Grand Prairie. Donnie Rohde and Mark Graybill of Lee & Associates represented the seller. Brett Heinen of Henry S. Miller Brokerage represented the buyer.
PLAINFIELD, ILL. — Tennessee-based OHL has leased 507,544 square feet of industrial space 281 Airtech Parkway in Plainfield. The tenant will use the property as a distribution facility for its customers. Andrew Morris, Jeremy Woods, Matt McGrady and Jon Shuel of Indianapolis-based Summit Realty Group, along with Randy Wolcott of Brentwood, Tenn.-based ProVenture, represented the tenant; the landlord, ProLogis, was self-represented in the transaction. Terms of the lease were not disclosed.
MECHANICSBURG, PA. — Nestle Purina PetCare Co. has signed a lease for 185,858 square feet of industrial space in Mechanicsburg. The company will occupy space within 6360 Brackbill Blvd., which is part of a two-building, 494,400-square-foot industrial campus. Joseph McDermott and Vincent Ranalli of CB Richard Ellis brokered the lease, which carries a 7-year term. The landlord is RREEF.
FORT WORTH, TEXAS — ConAgra Grocery Products Co. has sold a 211,743-square-foot warehouse to Allen's Inc. for an undisclosed amount. The property is located at 1734 E. El Paso St. in Fort Worth. CB Richard Ellis' David Sours, Kevin Kelly, Tim Vogds and Bob Scully represented the seller.
