BUTLER, WIS. — Milwaukee-based Colliers Barry has completed a 12,800-square-foot industrial lease at Lafayette Business Center on behalf of Wisconsin Compressed Air Corp. (WCAC). The tenant will be relocating its existing Milwaukee location to the building, which is located at 12855 W. Silver Springs Dr. in Butler. WCAC also maintains locations in Madison and Green Bay, Wis. Kevin Barry of Colliers Barry arranged the transaction between WCAC and the landlord, Lafayette Building LLC. This most recent lease brings the 94,000-square-foot building to full occupancy.
TAMAQUA, PA. — CB Richard Ellis has completed the sale of a 469,000-square-foot industrial facility located at 143 Mahanoy Ave. in Tamaqua. The facility is situated on 46.83 acres and is in close proximity to the Lehigh Valley and Hazleton. Joseph McDermott and Vincent Ranalli of CBRE represented the seller, HanesBrands, Inc. The buyer and sale price were undisclosed.
PARSIPPANY AND FAIRFIELD, N.J. —The Houston office of HFF (Holliday Fenoglio Fowler, L.P.) has closed the sale of two United Stor-All self-storage facilities in Parsippany and Fairfield. Aaron Swerdlin, Doug McCarron and Michael Klein of HFF led the investment sales team exclusively on behalf of the seller, a joint venture between United Stor-All and the Fidelity Real Estate Group. An unrelated third party purchased both properties for an undisclosed price. Completed in 2004, the two United Stor-All properties total approximately 1,406 units in 139,850 square feet and feature climate-controlled space, individual unit alarms and digital camera security monitoring.
FORT WORTH, TEXAS — ATC Logistics & Electronics has renewed two of its leases at AllianceTexas’ Alliance Global Logistics Hub, located in Fort Worth. The first lease is for the 375,000-square-foot Gateway 5 building and the second lease is for the 181,039-square-foot Gateway 31 building. Ryan Keiser of CB Richard Ellis represented ATC in lease negotiations, with Steve Aldrich of Hillwood providing in-house representation for the landlord. ATC has occupied Gateway 5 since 2005 and Gateway 31 since 2007. The company also occupies the 413,508-square-foot Gateway 19 building and currently employs 2,600 people at Alliance. It first came to the development in 1994 with the signing of an approximately 40,500-square-foot lease.
AUBURN, CALIF. — Germany-based Miltenyi Biotec has purchased a 60,000-square-foot freestanding flex building for an undisclosed price. The property is located at 2303 Lindbergh St. within the Auburn Airport Business Park in Auburn. Miltenyi Biotec specializes in cell biology, immunology, regenerative medicine and molecular biology. The seller was The Abbey Company.
CLEARWATER, FLA. — Automobile Boulevard LLC has leased a 40,000-square-foot warehouse to a private investor for use as an indoor amateur car racing venue. The property is located at 12350 Automobile Blvd. in Clearwater. John Jenkins and Brooke Pillinger of CB Richard Ellis’ Tampa, Fla., office represented the landlord, and Jon Slater of Studley’s Tampa office represented the tenant.
KANSAS CITY, MO. — Hunt Midwest Enterprises has sold land within its Hunt Midwest Commerce Center in Kansas City to two area companies for the development of build-to-suit industrial space. Inland Truck Parts recently completed and opened a 65,000-square-foot service center on 8.23 acres at 8801 Parvin Rd. The truck part manufacturer has relocated from an older facility in Kansas City’s urban core. Zipco Contracting, a general contractor, has opened a new 13,000-square-foot facility on 2 acres at 4110 N. Corrington within Hunt Midwest Commerce Center.
DENVILLE AND HILLSBOROUGH, N.J. — The second part of the Raia Self Storage Portfolio sale has closed. This portion of the transaction consists of two self-storage development sites located in Denville and Hillsborough that total approximately 168,000 square feet. Jeffrey Dunne of CB Richard Ellis’ (CBRE) New York Institutional Group and Steve Hryszko of CBRE’s Self Storage Advisory Group represented the seller, Raia Self Storage, and procured the buyer, Hampshire Cos., which made the acquisition through its Hampshire Fund VII. The first part of the transaction, which closed in late 2008, consisted of five existing self-storage facilities located in New Jersey and New York that total approximately 410,334 square feet. The facilities will operate under the Hampshire Self Storage Brand.
FREEHOLD, N.J. — Sperry Van Ness | Richter Grusd (SVN) has arranged four new leases totaling 25,000 square feet at 6 Paragon Way, a 70,000-square-foot warehouse/flex building located in Freehold. Zee Brothers International is leasing 10,000 square feet; Lorillard Tobacco Co. is leasing 5,000 square feet; AJM Sheet Metal is also leasing 5,000 square feet; and High Focus Centers is leasing 5,000 square feet. In the first three transactions, SVN’s Doug Richter and Ian Grusd represented both parties. In the fourth lease, Richter and Grusd represented the landlord, while Michael Staskiewicz of Newmark Knight Frank represented the tenant. The facility is owned by a local developer. It features 28-foot clear ceiling heights, 20 loading docks and available drive-ins. The remaining 45,000 square feet is divisible for a single or multiple tenants.
SAN ANTONIO — Houston-based Greenstar North America has opened a 180,000-square-foot, single-stream recycling facility in Houston. The new facility, which is located at 1228 Cornerway Blvd., has the capacity to process 20,000 tons of material per month. The facility will serve the Central and South Texas regions and will employ approximately 100 people. Greenstar North America, which is the largest municipal recycler in the state, already operated another recycling facility in San Antonio. It is located at 3003 Anoil St. and processes 3,000 tons of material per month.