HOUSTON — Phoenix of Texas has signed a 66,000-square-foot lease with Cobalt Industrial REIT II for space in the Sugarland Business Park. The 315,8310-square-foot industrial campus is located on W. Airport Blvd. in Houston. Transwestern's Jude Filippone represented the landlord. Cushman & Wakefield's Beau Kaleel represented the tenant.
Industrial
CARROLLTON, TEXAS — Product Innovations Research has signed a 58,678-square-foot warehouse lease renewal with Acquiport DFWIP in Carrollton. The property is located in the Venture Distribution property at 1207 Trend Drive. Brian Pafford of Bradford Commercial Real Estate Services represented the landlord. CB Richard Ellis' Nathan Lawrence represented the tenant.
PEWAUKEE, WIS. — Criticare Systems has acquired an industrial property, which is located at N7 W22025 Johnson Dr. in Pewaukee. Smiths Medical ASD sold the 52,670-square-foot facility for an undisclosed price. Dave Hazenfield, Sam Dickman Jr. and Samuel Dickman of The Dickman Company brokered the transaction.
BELLWOOD, ILL. — Dynamic Manufacturing has extended its leased at 2501 Grant Street in Bellwood. The company occupies 39,583 square feet at the property. Daniel Fanelli and Anthony Leeds of Darwin Realty & Development Corp. represented the tenant; George Cibula, also of Darwin Realty, represented the undisclosed landlord in the transaction.
WALLKILL, N.Y. — President Container Group (PCG) has acquired two industrial buildings located in Panattoni Business Center. The buildings total 522,000 square feet and are rail served. PCG plans to use the buildings for the manufacturing and warehousing of corrugated containers. Jim Tully of CB Richard Ellis arranged the deal.
HOUSTON — GRA-Gulf Coast Construction has broken ground on a 115,000-square-foot manufacturing facility for the wooden pallet manufacturer Neopal in Houston. The property will be located on 13 acres at the intersection of Vickery and Aldine Bender. Chris Caudill and Joel Michael of NAI Houston represented the tenant in negotiations.
POMONA, CALIF. — Overton Moore Properties has sold a 132,655-square-foot industrial building, located at 2303 Mt. Vernon Ave. in Pomona, to Pearson Food Co. for an undisclosed amount. Including 7,500 square feet of office space, the state-of-the-art facility is the fourth and final building sold by OMP at Empire Gateway Business Center, which was completed in 2008. Cushman & Wakefield’s Stuart Milligan, Phil Lombardo and Ty Newland represented OMP in the transaction, and David Wu of Grubb & Ellis represented the California-based buyer.
HOUSTON — Walton Roofing has purchased a 29,687-square-foot office and industrial property from Airgas for an undisclosed price. The property is located at 8350 Mosley Road in Houston. Chris Caudill and Joel Michael of NAI Houston represented the buyer. Holt Lunsford Commercial's Troy Collins represented Airgas.
MEMPHIS, TENN. — Earle M. Jorgenson Co. has broken ground on a 72,000-square-foot warehouse at the intersection of U.S. Highway 64 and Highway 385 in Memphis. The property will be part of the Eastridge Business Park. Edward Saig of NAI Saig represented Earle M. Jorgenson the purchase.
MELROSE PARK, ILL. — Spirit Distribution has signed a lease for 40,338 square feet of industrial warehouse space in Melrose Park. Located at 2680 W. Lake St., the property features 24-foot ceiling clearances, six docks and a small office area. Daniel Fanelli and Anthony Leeds of Darwin Realty & Development Corp. represented the landlord; Jason Lev and John Suerth of CB Richard Ellis represented the tenant in the transaction.