ELKTON, MD. — Mitsubishi Chemicals has sold an 89,000-square-foot warehouse to the Delaware-based reactive plastics manufacturer Micropore for an undisclosed price. The property is located at 1000 Konica Dr. in Elkton. Matthew Laraway and Thomas Burns of Cushman & Wakefield’s Baltimore office represented the seller. Baltimore-based Manekin’s Greg Masi represented the buyer.
SAUK VILLAGE, ILL. — DP Partners has leased additional space to Appleton, Wis.-based Warehouse Specialists Inc. (WSI) at LogistiCenter at Sauk Village, the developer’s speculative industrial park located in Sauk Village. WSI’s expansion consists of 156,130 square feet within the Building A, a 496,260-square-foot, rail-served distribution center situated on 26.5 acres at 21751 Rasmussen Dr. Gerald Sullivan of Chicago-based Paine/Wetzel • ONCOR International represented the tenant in lease negotiations. George Cibula, Chris Gary and Ryan Hanley of Darwin Realty & Development represented DP Partners. WSI first took occupancy at LogistiCenter in 2005. It already occupies 516,072 square feet within Building C, a 776,615-square-foot facility and the park’s first spec building to be completed.
HAYWARD, CALIF. — Jesse Lucas of Lee & Associates represented an undisclosed buyer in the acquisition of a two-building package warehouse, which is located at 27,317 and 27279 Industrial Blvd. in Hayward. LRF Properties sold the 66,612-square-foot property for $5.5 million. The seller was represented by BT Commercial.
TOLLESON, ARIZ. — First Industrial Realty Trust has leased 98,230 square feet of distribution space to Holsum Bakery, a subsidiary of Flowers Foods Inc. Located at 9180 W. Buckeye Rd. in Tolleson, the space will be used to distribute Holsum Bakery’s breads, buns and rolls to locations throughout Arizona and California. The cross-docked facility features 29-foot clear heights, space for future expansion, large truck courts, trailer parking, frontage on Buckeye Road and proximately to Interstate 10 and the Loop 101 freeway. Gordon Rasmussen of Martin Property Advisors, along with Joe Porter, Pat Feeney, Dan Calihan and Rusty Kennedy of CB Richard Ellis, brokered the transaction.
CORAL SPRINGS, FLA. — Pompano Beach, Fla.-based Coral VUTEC Properties has purchased the 106,599-square-foot AMB Coral Distribution Center from AMB Fund III, Mosaic, for $5.25 million. The Class A property is located on 8.9 acres at 11711 W. Sample Rd. in Coral Springs. Harry Tangalakis and Tom O’Loughlin of CB Richard Ellis’ Fort Lauderdale, Fla., office represented the buyer. Steve Wasserman and David Wigoda of Colliers Abood Wood-Fay’s Fort Lauderdale office represented the seller.
WATAUGA, TEXAS — Fort Worth, Texas-based NAI Huff Partners has arranged the sale of a 12,513-square-foot industrial building, located in Watauga. The property, which is situated on approximately 3 acres at 6301 Whitley Rd., was formerly used as a distribution center for Mrs. Baird’s. Jeff Givens and Amy Baker of NAI represented the seller, Clay Roarke. The property was purchased by Fort Worth Tower LLC for an undisclosed amount.
ORANGE COUNTY, CALIF. — The Leaverton Company has selected Essex Realty Management to provide leasing, property and construction management for its 800,000-square-foot Orange County portfolio of multi-tenant business parks. The currently 84-percent-occupied portfolio includes the 452,000-square-foot La Palma Business Park, the 102,000-square-foot Orangethorpe Business Park, the 197,000-square-foot Anaheim Business Park and the 50,000-square-foot L Business Park in Orange, Calif.
OCEANSIDE, CALIF. — DEI LLC has purchased La Pacifica, a 226,220-square-foot industrial project in Oceanside, for an undisclosed price. Located at 3801, 3809 and 3817 Ocean Ranch Blvd., the property was approximately 80 percent leased at the time of acquisition. Rusty Williams and Larry Strickland of Lee & Associates represented the buyer; Brian Driscoll, Rick Redder and Dennis Visser of Grubb & Ellis|BRE Commercial represented the seller, RREEF, in the transaction.
REDLANDS, CALIF. — ProLogis has leased 498,000 square feet to Continental Tire North America (CTNA), a business of Continental AG. CTNA will occupy space at a recently developed 600,000-square-foot distribution facility within ProLogis Park Redlands in Redlands. CTNA will use the space to store and distribute tires to its customers throughout the region.
MINNEAPOLIS AND INDIANAPOLIS — Colliers Turley Martin Tucker (CTMT) has arranged the sale of two flex properties. In the first transaction, the firm’s Twin Cities office brokered the $5.1 million sale of Phillips Eco-Enterprise Center, a 57,609-square-foot, multi-tenant office and industrial building located at 2801 21st Ave. in Minneapolis. David Stokes and Bradley Brown of CTMT represented the buyer, Wellington Management. The seller was undisclosed. In the second transaction, CTMT’s Indianapolis office brokered the sale of Fortune Park 14, a 53,189-square-foot flex office building located in Indianapolis. CTMT’s Rebecca Wells, David Moore and Darrin Boyd represented the seller, Professors Capital. The buyer was Fortune Park 14 LLC, a partnership led by Tom Frank of Summit Realty Group. The acquisition price was not disclosed.