KANSAS CITY, KAN. — Heartland Mechanical has purchased a 21,897-square-foot industrial property in Kansas City. The property, which is located at 720 Kindleberger, sold for an undisclosed price. The seller was Blue Valley Investment Corp. Paul Neal of Grindstone Industrial Properties brokered the transaction.
NORTH HAVEN, CONN. — Press/Cuozzo Commercial Services has completed the sale of a 4,960-square-foot flex building located at 340 Old Maple Ave. in North Haven. The buyer, JPK Unlimited, plans to renovate the property and take occupancy in early May. Albert Scafati of Press/Cuozzo represented the seller, New England Lathing Co. Joe Cifarelli represented the buyer. The property traded for $407,500.
TAMPA, FLA. — RREEF has sold the 260,000-square-foot Hampton Oaks Business Park to Foundation Realty Advisors for $18.4 million. The Tampa industrial and office property is 95 percent leased to tenants including XO Communications and Direct Administration. Cushman & Wakefield represented the seller. Foundation Realty Advisors represented itself in the transaction.
LARGO, FLA. — ProPeke Power has purchased the 55,735-square-foot former Clearwater Mattress warehouse from a private seller for $1.25 million. The property, which is located at 1185 Gooden Crossing Road in Largo, sits on 2.51 acres of land. The Ross Realty Group's Elliott Ross and Dennis Bush represented the seller.
POMPANO BEACH, FLA. — Carrier Enterprise has signed a 68,000-square-foot lease with Park Central Industrial for Pompano Beach warehouse space. The property is located at 3760 Park Central Blvd. CB Richard Ellis' Travis Sapaugh, Seth Kelly and Tony Hoover represented the tenant.
PLAINFIELD, IND. — Opus North Corp. has leased 201,000 square feet of space to s2f worldwide LLC, a startup provider of supply chain and logistics services. The facility is located within Plainfield Business Center at Airwest 9 in Plainfield. The company plans to use the facility for its headquarters and warehousing activity. The firm plans to invest $10.8 million to lease and equip the new facility. Additional terms of the lease were not provided.
CHICAGO — Chicago Coating Co. recently acquired a 72,876-square-foot industrial property in Chicago. Located at 3455 W. 31st Place, the property sold for an undisclosed price. The property offers a large land site, heavy power distribution and access to rail. Chicago Coating Co. is a manufacturer of coating and sealing related products. Matt Rogatz and Colin Green of Chicago Industrial Real Estate represented the buyer; Mike Senner and Vern Schultz of Colliers B&K represented the undisclosed seller in the transaction. Additional terms of the transaction were not released.
ARBUTUS, MD. — Olson Wire Products has purchased a 47,388-square-foot industrial building from the trustee for Barton-Cotton Real Estate for $1.57 million. The property is located at 1301 Constance Ave. in Arbutus. Michael Spedden of Preston Partners brokered the transaction.
HOFFMAN ESTATES, ILL. — Angelo Gordon Net Lease Fund has acquired a 527,661-square-foot distribution center through a long-term sale-leaseback transaction with Claire’s Stores. Located at 2400 W. Central Road, the property sold for $18 million. The property, which contains 21.7 percent office space, serves as Claire’s Stores’ headquarters and distribution center for the company’s North American stores. Robert Brennan, Andrew Sandquist, Jonathan Wolfe, John Suerth and Jason Lev of CB Richard Ellis represented the seller, Claire’s Stores, in the transaction.
ZEELAND, MICH. — Jim Edewaard of CB Woodland Schmidt represented 210 E. Roosevelt LLC, dba Lakeshore Glass and Metal, in the acquisition of a 17,500-square-foot industrial property, located at 210 E. Roosevelt Ave. in Zeeland. Lakeshore Glass and Metal plans to use the property for offices, a fabrication shop and a showroom. Kurt Kunst of NAI West Michigan represented the seller, 210 East Roosevelt LLC, in the transaction. The acquisition price was not disclosed.