SAN ANTONIO — Denver-based ProLogis has leased the last building at its Eisenhauer 35 Distribution Center in San Antonio, bringing the industrial park to full occupancy. Texas-based Millennium Distribution signed a lease for 52,800 square feet at Building Seven. Additionally, Las Vegas L.A. Express signed a lease for the remaining 44,000 square feet in the building. Eisenhauer 35 consists of seven buildings totaling 835,000 square feet of distribution space. Other tenants at the park include Kimberly-Clark, Tire Centers, GE Supply Co., Children's Hunger Fund, T.A.S. Air Cargo, Applied Indsutrial Technologies and Impact Floors of Texas.
ORANGE, CALIF. — DAUM Commercial Real Estate Services handled the $2.83 million purchase of a 29,800-square-foot industrial building located at 671 N. Poplar St. in Orange. DAUM’s Chris Migliori represented Bernie Smokowski in the purchase of the property from Gallegos Brothers II LLC, which was respresented by Lee & Associates.
MT. PLEASANT, WIS. — Menomonee Falls, Wis.-based Maysteel has selected Principle Construction Corp. to complete the company’s 40,742-square-foot build-out project at Park 94 at Mt. Pleasant, which is located at 1400 International Dr. in Mt. Pleasant. The facility will feature a 1,600-amp service, T5 lighting and 2,000 square feet of office space. Cornerstone Architects is providing architectural services for the project, which is slated for completion by the end of the year. HSA Commercial Real Estate owns Park 94 at Mt. Pleasant, a 125,000-square-foot industrial building.
MADISON HEIGHTS, MICH. — Design Fabrications has signed a lease for 78,013 square feet of industrial space at 1100 E. Mandoline in Madison Heights. The retail design solutions company plans to use the space for production and distribution. Matt Osiecki and Keith Johnson of CB Richard Ellis Detroit represented the tenant. The landlord is First Industrial Acquisition.
CHELMSFORD, MASS. — The RAM Companies has acquired 10 Industrial Drive, an 84,000-square-foot industrial property located in Chelmsford. The facility is leased on a long-term basis to the U.S. Department of Veterans Affairs. The building was first constructed in 2004 for the current tenant. RAM acquired the property from New Boston Fund for an undisclosed amount.
CARROLLTON, TEXAS — NorthMarq Capital has secured $6.88 million in first-mortgage financing for the Crosby Industrial Building located in Carrollton. The multi-tenant property totals 219,780 square feet. The loan includes a 3-year term, a 25-year amortization schedule and a 74 percent loan-to-value ratio. John Stewart of NorthMarq's Dallas office arranged the loan on behalf of Sean Porter with Seaport Interests. The lender was Wells Fargo.
BRANDYWINE, MD. — hhgregg has signed a 393,440-square-foot lease with Capital Development Co. for space in a former Circuit City distribution center. Located at 14301 Mattawoman Dr. in Brandywine, hhgregg will use the facility as a regional distribution hub. Michael Elardo and Brian Kruger of Preston Partners and Lawrence Shaw of Clarus Properties represented hhgregg. Cushman & Wakefield’s Ned Brady and Matthew Laraway represented the landlord. In September, hhgregg purchased two former Circuit City stores in Virginia.
ST. LOUIS — Global Granite & Marble has signed a lease for 74,000 square feet of space at 10800 Linpage Pl. in St. Louis. The company plans to consolidate all aspects of its St. Louis-based operations into one facility. The new headquarters will feature office, showroom, sample and warehouse space for the company’s residential division, as well as Global Architectural Products, the company’s commercial division. Global plans to take occupancy in spring 2010. Jane Hollo of Colliers Turley Martin Tucker represented the tenant; Casey Urkevich of Block Hawley Commercial Real Estate Services represented the undisclosed landlord.
PHILADELPHIA — Colliers Lanard & Axilbund has brokered the sale of a 63,000-square-foot warehouse/distribution facility located in Philadelphia for $3.71 million. The building is situated on 3.04 acres at 913-29 Wallace St. The single-story building features a partial mezzanine area with 8,000 square feet of office/showroom space as well as parking for 75 cars. Michael Barmash of Colliers represented the sellers, Dorothy Jane Staples and Michael Staples. The buyer, 913 Wallace Street Associates LP, is renovating the property, formerly a store fixture business, for warehousing purposes.
CITY OF INDUSTRY, CALIF. — Lee & Associates brokered the $5.6 million sale of a 53,964-square-foot industrial property located at 528-538 S. 6th Ave. in City of Industry. Built in 2003, the property comes equipped with eight dock-high doors, 24’ ceiling clearance and a large fenced yard. Lee & Associates’ Jeff Bethel and Michael Lee represented the local buyer, Richwell Property Management LLC, and Bethel represented the seller, Catesgarb Holdings Inc., a local real estate investment company.