TAYLOR, MICH. — Paul Burger of Farmington Hills, Mich.-based Burger Easton & Co. has brokered the sale of a 19,000-square-foot industrial building. Located on Universal Drive in Taylor, the property sold to private buyer for an undisclosed price. Burger represented both undisclosed parties in the transaction.
HOLLYWOOD AND DANIA BEACH, FLA. — Sperry Van Ness has brokered two industrial sales in Florida totaling $4.4 million. In the first sale, SVN's Les Byron represented Bayly in the sale of the Bayly Building to 4151 Property for $2.4 million. Located at 4151 N. 29th Ave. in Hollywood, the property spans 26,800 square feet. Beachfront Realty's Dee Price represented the buyer. Steve Davis of Sperry Van Ness represented Carib in its sale of the Tile International building to RDRW Properties for $2 million. Located at 101 SW 12th Ave. in Dania Beach, the property spans 30,000 square feet. Dan Smith of Smith Moses, Morris & Associates represented the buyer.
NEW YORK CITY — Massey Knakal Realty Services has brokered the sale of an industrial property in Brooklyn for $2.7 million. The property, located at 195 Bay 19th St. in the borough's Bensonhurst neighborhood, contains two connected warehouse buildings totaling approximately 29,000 square feet. Massey Knakal's Jeffrey Shalom negotiated the deal between the two undisclosed parties.
KATY, TEXAS — Cole Real Estate Investments has purchased the 914,195-square-foot Igloo Distribution Facility from a private seller for an undisclosed amount. The Katy facility serves as Igloo's distribution and manufacturing facility, and corporate headquarters.
HUMBLE, TEXAS — Access Self Storage has sold an 85,125-square-foot facility to WEDGE Real Estate Holdings for an undisclosed amount. The property is located at 2115 FM 1960 in Humble. The property, which opened in November 2009, includes 585 storage units. Steve Mellon of Grubb & Ellis and Page Partners' Joshua Jacobs brokered the sale.
BRASELTON, GA. — TranSouth Logistics has leased 190,000 square feet of warehouse space from Atlanta Property Group in Braselton. The 455,000-square-foot property is located at 1001 Cherry Drive. Bill Buist and Price Weaver of Colliers International represented the landlord.
MIAMI — BlackRock Realty has leased 144,000 square feet to Econocaribe Consolidators in the Airport East Distribution Center in Miami. The warehouse is located at 7000 NW 32nd Ave. The 50-year-old Airport East Distribution Center spans 400,000 square feet. The tenant is relocating one of its freight-forwarding operations from another Miami address. Grubb & Ellis brokered the lease.
FOREST PARK, GA. — TricorBraun has signed a 125,000-square-foot warehouse lease with DCT Industrial in Atlanta's airport submarket. The property is located at 260 Southfield Parkway in Forest Park. Ed Riggins of CresaPartners represented the tenant in the transaction. Tommy Hughes of Hughes Commercial Real Estate represented DCT Industrial.
MADISON, WIS. — US Oil Co. has leased 121,000 square feet of warehouse/distribution space in Madison. Located at 4722 Helgesen Drive, the upgraded and renovated high-bay warehouse offers easy access to the Beltline Highway and 90 and 94 interstates. Chase Brieman of CB Richard Ellis represented the lessor, True North Investments, in the transaction. Terms of the lease were not released.
FONTANA, CALIF. — Grubb & Ellis has brokered the $5.1 million purchase of a 90,250-square-foot manufacturing building located at 13470 Philadelphia Ave. in Fontana. Built in 1998, the freestanding building is situated on approximately 6.2 acres of land within close proximity of State Route 60 and Interstate 15. Grubb & Ellis’ Brad Yates represented the buyer, Crown Cedar, in the transaction, and CB Richard Ellis’ Kevin McKenna represented the seller, Operating Engineers Fund LLC.