POOLER, GA. — H.J. High Construction Co. and Batson-Cook Co. are gearing up to break ground on the $16.9 million second phase of the Mitsubishi Power Systems Americas Savannah Machinery Works development in Pooler. The phase includes a 75,000-square-foot manufacturing bay and a mile-long rail line. Delivery is expected in April 2011.
Industrial
JACKSON, MISS. — Jackson-based Southeast Industrial Properties I, a joint venture between Hines Investments and Duckworth Realty, will deliver a seed research facility for the Monsanto Co. by late this year. The 26,100-square-foot property will be located in Jackson's Flora Industrial Park. Flowood, Miss.-based Peoples Construction Corp. is serving as the general contractor.
DULLES, VA. —Northwestern Investment Management Co. has leased 64,539 square feet of warehouse space to San Antonio-based Ward North America, a moving and storage company, for the next 10.5 years. The property is located at 23000 Ladbrook Drive in Dulles. Adam Schindler and Paul Schweitzer represented the tenant in the $8 million lease, which is expected to bring 50 jobs to the area. The firm's Caulley Derringer and Stephen Beggs represented the landlord.
MELROSE PARK, ILL. — Kerry Ingredients & Flavours has selected Meridian Design Build to construct an 84,000-square-foot expansion to its existing 113,000-square-foot manufacturing facility in Melrose Park. Located at 3141 W. North Ave., the project will offer a total of approximately 197,000 square feet when complete in fourth quarter 2010. The redevelopment project includes the demolition of a two-story, 130,000-square-foot structure. Harris Architects is providing architectural and structural engineering services for the project. Jacob and Hefner Associates is serving as civil engineer.
VERNON HILLS, ILL. — Germany-based Probat Inc. has signed a 10-year lease for an industrial facility located at 601 Corporate Woods Parkway in Vernon Hills. Situated within Corporate Woods Business Park, the property is expandable by 20,000 square feet. Probat is a manufacturer and retailer of coffee roasting machines, equipment and plants. John Gazzola of Entre Commercial represented Probat; Keith Puritz, Brett Kroner, Ryan Bain and Zach Graham of CB Richard Ellis represented the landlord, Corporate Woods Investors, in the transaction.
HOUSTON — LanMac Holdings has acquired a 32,900-square-foot warehouse from Warren Avenue Holdings for an undisclosed price. The property is located on 2.75 acres at 8242 Warren Road in Houston. Colliers International's Walker Barnett represented the seller. Larry Indermuehle of Indermuehle & Co. represented LanMac Holdings.
LONG BEACH, CALIF. — NAI Capital represented SJK Properties LLC in its $1.8 million sale of an 11,760-square-foot industrial building located at 3850 Gilman in Long Beach. NAI’s Neil Miyazaki and Junko Masubayashi represented the seller, and Transwestern Commercial Services represented the buyer, FCI Management Consultants Inc.
CHICAGO — Testa Produce has broken ground for the construction of its state-of-the-art freezer/cooler distribution facility within Stockyards Industrial Park in Chicago. Located on a 13-acre site at 4555 S. Racine Ave., the property will offer 91,000 square feet of distribution space. Summit Design + Build is consulting on the project, which is designed to achieve LEED Platinum certification.
HOUSTON — Ashley Furniture has leased 303,000 square feet of warehouse space from Panattoni Development Co. in the first phase of the firm's Airtex Industrial Center. The 486,720-square-foot, Class A property, which was completed last fall, is located at 14810 North Freeway in Houston. Ashley's lease brings the building's occupancy to 88 percent. Airtex also houses Velocity Acquisition I and Ozburn Hessey Logistics. Jeff Venghaus and Ryan Fuselier of Jones Lang LaSalle represented Ashley Furniture in the lease. Gary Mabray, Walker Barnett and Justin Bennett of Colliers Houston represented Panattoni.
CHEBOYGAN, LAPEER AND WEST BRANCH, MICH. — Wal-Mart Stores East recently leased three industrial/flex properties in Michigan. The entity leased a 35,000-square-foot space at 502 Main St. in Cheboygan; a 45,000-square-foot property located at 2171 N. Lapeer in Lapeer; and a 30,650-square-foot space at 2085 W. M-55 in West Branch. Brent Beshears of Colliers International represented the tenant in all three transactions. The landlords and terms of the leases were not released.