CUYAHOGA HEIGHTS, OHIO — Premier Produce, Cleveland’s leading supplier of produce, has purchased a 42,008-square-foot warehouse facility. The company plans to relocate to the facility at 4500 Willow Parkway in Cuyahoga Heights. Kevin Kuczynski of Colliers Cleveland represented the buyer; Scott Garson of NAI Daus represented the seller, W.W. Polymer Distribution, in the transaction. The acquisition price was not disclosed.
MUNDELEIN, ILL. — Deringer-Ney, a manufacturer of alloys, metal components, insert moldings and part assemblies, has completed the disposition of a 10.16-acre land parcel in Mundelein. Located at 1250 Townline Rd., the parcel was purchased by Medline Industrial for an undisclosed price. CB Richard Ellis’ Keith Puritz, Brett Kroner, Ryan Bain and Zach Graham brokered the deal.
ALSIP, ILL. — AIM Fiber, a manufacturer of acoustical and insulation products for the automotive and appliance industries, has signed a long-term lease for 106,933 square feet of industrial space at 11939 S. Central in Alsip. Chris Gary of Darwin Realty & Development Corp., along with Jeff Moore of Southern Investors Realty, represented the tenant; Gary and Ryan Hanley of Darwin Realty represented the landlord, First Industrial, in the transaction. Additional terms of the lease were not disclosed.
RONKONKOMA, N.Y. — Corporate Transport Express (CTE) has completed the sale and subsequent leaseback of its 64,224-square-foot industrial property located in Ronkonkoma for $4.82 million. The facility is located at 845 S. 1st St.; CTE will lease approximately 30,000 square feet from the buyer, DEA Products. Richard Cohen of Ashlind Properties represented the buyer. Doug Donatelli of Metro Realty Services represented the seller. Ashlind Properties is also handling the sale of DEA's old building located in Holbrook, N.Y.
FORT WORTH, TEXAS — Lee & Associates has completed the lease of 138,500 square feet of industrial space at 6401 Will Rogers Blvd. in Fort Worth. The tenant is Core-Mark International, a marketer of supply solutions for the convenience retail industry. Trey Fricke of Lee & Associates' Dallas/Fort Worth office, along with Clif Fincher of the firm's Orange County, Calif., office, represented Core-Mark in lease negotiations. Bob Scully of CB Richard Ellis represented the landlord, Madison Warehouse Corp.
LAS VEGAS — Marnell Properties will soon break ground for the $29 million Marnell Air Cargo Center, an air-freight logistics center located at McCarran Airport in Las Vegas. Situated on 19.15 acres at the airport’s new Terminal 3, the 200,928-square-foot project will house the freight and mail-sorting operations of FedEx, Southwest Airlines, Worldwide Flight Services, Allegiant Air, UPS and others. Expected to be completed in fourth quarter 2010, the project was fully financed through Mutual of Omaha Bank. R&O Construction is the general contractor, and Marnell Architecture is serving as the executive architect on the project.
KANSAS CITY, KAN. — Aaron’s Inc. has signed a 10-year lease for 123,735 square feet of industrial space at 1 Kansas Avenue in Kansas City. The new Class A warehouse distribution facility is owned by Prime Investments. Whitney Kerr of Colliers Turley Martin Tucker – Kansas City represented the tenant; Paul Neal of Grindstone Industrial Properties represented the landlord in the transaction.
TUCSON, ARIZ. — Jones Lang LaSalle’s Tim Glenn and Bill Honsaker and Steve Cohen of PICOR Commercial Real Estate Services have represented KLA-Tencor Corp. in the $5.3 million sale of a 60,000-square-foot industrial building, located at 3740 E. Universal Way in Tucson. Grubb & Ellis’ Robert Davis represented the undisclosed buyer in the transaction.
ROMEOVILLE, ILL. — Englewood Cliffs, N.J.-based LG Electronics USA has renewed its lease for 408,966 square feet of industrial space at Park 55, 875 Crossroads Parkway in Romeoville. The facility features 30-foot clear ceiling heights, 68 exterior docks and an ESFR sprinkler system. The property is owned by Duke Realty Corp. Jack Rosenberg and Frederick Regnery of Colliers Bennett & Kahnweiler represented the tenant in the transaction.
TWINSBURG, OHIO — Electric Sweeper Service Co. has leased 62,200 square feet of industrial space at 1933 Highland Rd. in Twinsburg. The company plans to use the facility for its headquarters. Terry Coyne of Grubb & Ellis facilitated the transaction. The landlord is 1933 Highland Road LLC. Additional terms of the lease were not disclosed.