HAYWARD, CALIF. — Colliers International has presided over the purchase of an approximately 33,000-square-foot warehouse located within Hayward Bridge Business Park at 25803 Clawiter Road in Hayward. Colliers’ Kevin Hatcher, Greig Lagomarsino and Mark Maguire represented both the buyer, New Asia Food Inc., and the seller, SPI Holdings, in the transaction, the terms of which were not disclosed. Built in 1973, the concrete, tilt-up building is located adjacent to the buyer’s existing facility and will serve as the trading company’s headquarters/distribution center.
NEW CASTLE, DEL. — Five Below has expanded its lease at Twin Spans Business Park in New Castle. The retailer will expand from 214,000 square feet to occupy all 421,000 square feet of 350 Anchor Mill Road. Harvey, Hanna & Associates negotiating the deal.
LA PORTE, TEXAS — The joint venture between ML Realty Partners and National Property Holdings has tapped Colliers International to lease and market Port Crossing Commerce Center, a 300-acre logistics park being constructed in La Porte. Planned buildings will eventually encompass 4 million square feet of new warehouse space. The site is designated as a foreign trade zone and features rail access. Colliers International's Michael J. Taetz, Gary A. Mabray and Jason Dillee are handling the project.
ANAHEIM, CALIF. — DAUM Commercial Real Estate Services has handled the more than $1.94 million sale of a 16,900-square-foot industrial building located at 3431 E. La Palma Ave. in Anaheim. DAUM’s Chris Migliori represented both the buyer, Tanlie LLC, and sellers, The Donald V. Wright Trust and Brian D. Randolph Trust, in the transaction.
GENEVA, ILL. — Krusinski Construction Co. has broken ground for the development of France-based Roquette America’s new Innovation Center in Geneva. The two-story, 35,000-square-foot facility will house customer collaboration, product development, nutrition and bio-chemical research services, as well as an United States sales and client center. The facility will feature six test kitchens/laboratories, a demonstration kitchen and a 56-seat auditorium. Aurora-based Cordogan Clark & Associates is serving as project architect, while Oakbrook Terrace, Ill.-based Jacob & Hefner is providing civil engineer services for the project. The construction timetable was not released.
ORLANDO, FLA. — SGA Holdings has signed a 79,000-square-foot lease with Long Ridge Industrial Portfolio for warehouse space in Orlando. The property is located at 6855 Presidents Drive. Colliers Arnold's Matt Sullivan represented the tenant in the transaction. William Bradford and Tom McFadden of Southern Commercial Real Estate Advisors represented the landlord.
OAK CREEK, WIS. — Bucyrus International has purchased a 120,000-square-foot industrial property in Oak Creek. Situated on 27 acres at 6744 S. Howell Ave., the property sold for an undisclosed price. The Dickman Company represented the buyer; RFP Commercial represented the seller, Westminster Badger, in the transaction. Terms of the deal were not released.
CARLSBAD, CALIF. — Opus Pointe IV, a four-building, nearly 160,000-square-foot flex-industrial/R&D development located along Lionshead Avenue within Carlsbad Raceway Business Park in Carlsbad, has been completed. The last of four phases at the 489,000-square-foot Opus Pointe development, the property can accommodate office, light-industrial and/or manufacturing operations. Smith Consulting Architects was the designer of the tilt-up, concrete buildings, and Opus West Construction Corp. was the general contractor.
ORLANDO AND APOPKA, FLA. — Rebman Properties has brokered two warehouse leases in the Orlando area totaling 109,875 square feet. The firm's Roger Rebman and Lyle Nelsen represented Oakmont Industrial Group in its 60,000-square-foot lease to Golden State Foods. The property is located in the Northwest Distribution Center in Orlando. Greg Rebman of Rebman Properties represented ABC Supply Co. in its 49,875-square-foot lease to Andes Fiber and Paper. The property is located at 2550 Clark St. in Apopka.
HAZLETON, PA. — Higgins Development Partners has sold a Class A warehouse/distribution facility in Hazleton to Exeter Property Group for $12.9 million. The property totals 400,260 square feet and is located within Humboldt Industrial Park at 68 Green Mountain Road. It contains 32-foot ceiling heights. Graham Packaging occupies 168,630 square feet, with the remaining space available for lease. Steve Bonge, Tim Brogan and Patrick McBride of Grubb & Ellis represented the seller.