Industrial

GREER, S.C. — Grubb & Ellis|The Furman Co. has arranged a lease for approximately 266,000 square feet of warehouse space in Greer. Speedway Packaging & Distribution will occupy the space, which is located at 1221B S. Batesville Rd. The lease is valued at $3.3 million. Perry Major of Grubb & Ellis represented Speedway in lease negotiations. Major and John Scott, also of Grubb & Ellis, represented the landlord, ProLogis.

FacebookTwitterLinkedinEmail

WOODLAWN, MD. — Blue & Obrecht Realty has completed the sale of The Hunter Building, a 22,192-square-foot flex building located at 1724 Whitehead Rd. in Woodlawn. Richard Blue of Blue & Obrecht Realty represented the seller, Atlantic Realty Cos. Paul Obrecht and Krager Sanders, also of Blue & Obrecht, represented the buyer, Emjay Engineering & Construction Co. The acquisition price was not disclosed.

FacebookTwitterLinkedinEmail

DAYTON, OHIO — Mark Dlott, Norm Khoury and Dave Tobeson of Colliers Turley Martin Tucker – Dayton negotiated the lease of 100,000 square feet of industrial space at 98 Quality Ln. in Dayton. Carter Logistics leased the space for $600,000 from Priority Insulation. Additionally, Dlott represented McQuay International in the lease of 156,000 square feet of industrial space at 2875 Needmore Rd. in Dayton. The lease was valued at $560,000, and the landlord is Rex Radio & Television.

FacebookTwitterLinkedinEmail

WAUWATOSA AND MILWAUKEE, WIS. — Inland Cos. has brokered two leases totaling 6,348 square feet in Wisconsin. In the first transaction, Daniels Sharpsmart leased 5,000 square feet of warehouse space at the former Roundy’s Distribution Center, which is located at 11300 W. Burleigh St. in Wauwatosa. Inland Cos.’s Jim Larkin and Steve Sewart brokered the transaction. Additionally, Lyle Landowski and Steve Pape, also of Inland, brokered the lease of 1,348 square feet to Kenneth Raskin MD S.C. dba Body Logic. The office space is located within Honey Creek Corporate Center II at 115 S. 84th St. in Milwaukee. Terms of the leases were not released.

FacebookTwitterLinkedinEmail

COLONIE, N.Y. — Albany, N.Y.-based NAI Platform has arranged the $3.75 million sale of a 138,450-square-foot industrial facility located in Colonie. The facility is situated on 9.76 acres at 10 Jupiter Lane. The seller, Empire Merchants North, is leasing the building back for the short term while it waits for its new 200,000-square-foot facility in Coxsackie, N.Y., to be completed. Daniel O'Brien and Robert Murphy of NAI Platform arranged the sale. The buyer's name was not disclosed. NAI Platform and Nick DeMase & Associates are jointly listing the property for lease.

FacebookTwitterLinkedinEmail

VANCOUVER, WASH. — NAI Norris, Beggs & Simpson has brokered Spears Real Estate LLC’s $8.275 million purchase of the 108,625-square-foot Quad 205 Business Park in Vancouver. Built in 1983, the four-building Quad 205 complex offers easy access to Interstate 205. The buyers, who are local private investors, were represented by NAI’s Denis O’Neill and Steve Dodds.

FacebookTwitterLinkedinEmail

HAZLETON, PA. — Grubb & Ellis has brokered a 168,630-square-foot industrial lease at Humboldt Industrial Park in Hazleton. Graham Packaging will occupy space within a 400,260-square-foot distribution building situated at 68 Green Mountain Rd. The facility features 32-foot clear ceiling heights and was constructed in 2006. Steve Bonge, Tim Brogan and Patrick McBride of Grubb & Ellis negotiated the deal between Graham Packaging and the landlord, Higgins Development Partners. Currently, 231,000 square feet remains for lease at the building. It is also available for sale.

FacebookTwitterLinkedinEmail

HAVRE DE GRACE, MD. — In a joint venture with Baltimore-based MCB Real Estate, The Hampshire Cos. of Morristown, N.J., has purchased a 502,678-square-foot warehouse from The Sun Products Corporation for an undisclosed amount. The property is located at 1900 Clark Rd. in Havre De Grace. Sun Products, the manufacturer of Solo Cups, will remain the sole tenant in the building and plans to expand its space by 110,000 square feet.

FacebookTwitterLinkedinEmail

ADDISON, ILL. — Ferguson Enterprises has leased 149,522 square feet of flex space at 880 S. Rohlwing Rd. in Addison. The wholesale plumbing supplier plans to take occupancy in January and utilize the property for a sales counter, warehousing and administrative offices. The company will share the 453,100-square-foot building with Brook Electric, a division of Sonopar. Justin Lerner and David Friedland of Newmark Knight Frank Epic, along with John Cash, David Haigh and Irv Malik of NAI Hiffman, represented Ferguson; Jeff Lanaghan provided in-house representation for the ownership, IDI. Terms of the lease were not disclosed.

FacebookTwitterLinkedinEmail