ADDISON, ILL. — Whit Heitman and Samuel Badger Jr. of Paine/Wetzel•ONCOR International have negotiated an industrial sale on behalf of Earth Friendly Products, which has purchased a 100,000-square-foot facility located at 111 S. Rohlwing Rd. in Addison. The buyer, which specializes in developing and producing earth-friendly cleaning supplies, acquired the property to serve as its warehouse/distribution facility. John Gazzola of Entre Commercial Realty represented the seller, Minutemen International.
SECAUCUS, N.J. — The Capital Markets Debt & Equity Group of CB Richard Ellis (CBRE) has secured $19 million for the refinancing of a 197,453-square-foot warehouse and office property located at 40 Hartz Way in Secaucus. The facility, which was originally constructed in 1973, has undergone significant renovations to accommodate its present anchor tenant, Major League Baseball’s MLB Network. The 142,000-square-foot space MLB Network occupies includes 24-foot clear ceilings, two broadcasting studios, 18 loading docks and broadcasting satellites. CBRE’s James Gunning and Donna Falzarano arranged the loan, which carries a 5-year term and a fixed interest rate. The borrower was Hartz Mountain Associates. The lender was a New England-based commercial bank.
NORTH LAS VEGAS, NEV. — RBS Investments has purchased a 14,600-square-foot industrial building, which is located at 3825 Losee Rd. in North Las Vegas. JD Las Vegas sold the property for $2.37 million. Xavier Wasiak of Grubb & Ellis represented the buyer; Dan Doherty, Patti Dillon and Ben Campbell of Colliers International – Las Vegas represented the seller in the transaction.
PHOENIX — Meridian Capital Group has arranged $7.5 million in permanent financing for an 188,000-square-foot, single-tenant industrial warehouse and manufacturing facility in Phoenix. Located at 7822 S. 46th St., the property is occupied by a company engaged in the aerospace industry. Alex Katz of Meridian Capital Group negotiated the fully non-recourse, 5.76 percent fixed-interest rate 5-year loan. The financer was American United Life Insurance Co.
HEBRON, KY. — BlueStar, a distributor of point-of-sale, wireless mobility and identification devices, has opened its new global headquarters, located in the Cincinnati suburb of Hebron. The new 150,000-square-foot facility is located at 3345 Point Pleasant Rd., 3 miles from Cincinnati/Northern Kentucky International Airport. The facility contains a large warehouse and distribution center with future expansion capability, as well as a state-of-the-art training center. The distribution center has a variety of sustainable features, including a recycling program and motion-sensor lighting.
ONTARIO, CALIF. — Hager Pacific Properties has leased a 108,703-square-foot office/industrial property, which is located at 2400 E. Francis St. in Ontario, to Kim Lighting, a division of South Carolina-based Hubbell Lighting Inc. The 5-year lease renewal was valued at $2.8 million. Kim Lighting plans to use the facility to manufacture high-performance, architecturally relevant, outdoor lighting solutions for commercial, industrial, residential and institutional clients.
MCCOOK, ILL. — Clarius Partners will break ground this month for Clarius Park McCook, a new industrial business park located at 9200 West 55th St. in McCook. The $28 million project comprises two Class A industrial facilities totaling 368,841 square feet. Building 1 will contain 201,431 square feet on a 9.4-acre site. The building includes 30-foot clear ceilings, 50-foot by 50-foot bay sizing and 60-foot speed bays. The building will be divisible to approximately 40,000 square feet. There will also be a 146-foot truck court, 20 trailer parking spaces, 24 dock positions, 2 drive-in-doors and 254 automobile parking spaces. Building 2 will be up to 167,500 square feet and will be on an 8.6-acre property. The company is marketing Building 2 on a build-to-suit basis and construction will commence upon securing a tenant. Construction for Building 1 begins this month and the project is scheduled for completion by the end of the year.
DANVILLE, ILL. — NorthPoint Capital has arranged an approximately $14.21 million loan for a 200,000-square-foot industrial building, located in Danville. The building was leased to Sygma Network, Inc., which has 14 years remaining on its primary lease. The loan carries a 14-year term with a 14-year amortization schedule. The interest rate is in the mid-6 percent range and the loan-to-value ratio is 82 percent. The financing was placed with an undisclosed correspondent lender. Paul Walschlager of NorthPoint Capital arranged the financing.
ATTLEBORO, MASS. — An affiliate of First American Realty has acquired Building 12 and Building 5 in the Attleboro Corporate Campus in Attleboro for $5.27 million. Building 12 is a 213,000-square-foot facility and Building 5 totals 5,650 square feet. The buildings were purchased from Preferred Unlimited, Inc. Building 12 is a state-of-the-art three-story manufacturing building that serves as Sensata Technologies’s global manufacturing headquarters and is leased in its entirety to Sensata Technologies on a long-term basis. Building 5 is also leased on a long-term basis to The BOC Group, Inc. The Attleboro Corporate Campus is a 300-acre mixed-use office and industrial campus located just off Interstate 95.
FORT WORTH, TEXAS — Henry S. Miller Brokerage (HSMB) has arranged the sale of an 8,600-square-foot flex building, located at 3312-3320 Dooling St. in Fort Worth. The building features office and warehouse space, and is situated on approximately 2 acres. The buyer, Superior Fuels & Lubricants, will be relocating its headquarters from its previous facility at 3200 North Sylvania, also in Fort Worth. Todd Hawpe of HSMB represented the buyer and the seller, RLM Real Estate. The acquisition price was not disclosed.