EATONTOWN, N.J. — Weichert Commercial Brokerage has completed a lease for approximately 29,000 square feet of office/flex space, located at 246 W. Industrial Way in Eatontown. Peter Ricker of Weichert represented the tenant, New Jersey-based Empire Technologies. The tenant will be relocating and expanding its operations into the new facility. It will occupy the space for a 5-year term with a 5-year renewal option. The landlord, Industrial Way Complex, represented itself in-house.
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ABILENE, TEXAS — The ribbon cutting has been held for a newly constructed wind tower manufacturing facility located in Abilene. The facility, which is situated on 42 acres, comprises 146,000 square feet of production space and 20 acres of storage space. Wind tower production began in February. The facility is operated by Tower Tech Systems, a subsidiary of Naperville, Ill.-based Broadwind Energy. Tower Tech currently operates another wind tower manufacturing facility in Manitowoc, Wis., and is constructing a third facility in Brandon, S.D.
CHICAGO — Elmhurst, Ill.-based Darwin Realty & Development Corp. has negotiated the sale of a 19,132-square-foot industrial building, located at 1820 W. Grand Ave. in Chicago. Darwin’s Daniel Fanelli and Victor DeBoer represented the undisclosed seller. Rob Federighi of ChicagoBroker.com represented the buyer, Jennifer Goldstone. Terms of the deal were not released.
SECAUCUS, N.J. — Secaucus-based Hartz Mountain Industries has brokered the lease for the New Jersey expansion of Capital Supply Co. The Manhattan, New York City-based janitorial supply company has signed a lease for 45,770 square feet of warehouse space at 111-115 Castle Rd., located in Secaucus. The company will continue to operate its Manhattan facilities. Terms of the lease were not disclosed.
SAN ANTONIO — San Antonio-based Cross Metal Buildings has opened Phase II of Northern Hills Storage, a self-storage facility located at 4011 Stahl Rd. in San Antonio. The two-building addition totals 18,200 square feet and includes 134 climate-controlled units. Janus International supplied unit doors and hall systems; Whirlwind Components, Dynamic Fasteners, Davis Metals and Bay Insulation Systems also provided materials for the buildings.
RICHMOND, VA. — UPS Ground Freight has signed a 6-year lease with Chippenham Square LLC for 85,018 square feet of warehouse space. The property is located in Chippenham Square at 7747 Midlothian Turnpike in Richmond. Robert E. Porter, Jr., of Richmond-based Porter Realty Co. represented the tenant, and Yasmine Hamad and Brian Glass of Richmond-based Grubb & Ellis|Harrison & Bates represented the landlord.
TAMPA, FLA. — Joe Dear of Thomas D. Wood & Co. has obtained $1.1 million in financing for a 37,674-square-foot warehouse in Tampa. The property, which is occupied by PPG Architectural Finishes, is located at 3015 N. U.S. Highway 301. StanCorp Mortgage Investors financed the 7-year loan, which carries a 21-year amortization and a loan-to-value of 65 percent.
MALTA AND STILLWATER, N.Y. — GLOBALFOUNDRIES has purchased 223 acres of land at the Luther Forest Technology Campus. The land was purchased to construct Fab 2, with space remaining to develop two additional fabs. Luther Forest Technology Campus, located in New York’s Tech Valley and spans Stillwater and Malta, comprises 1,414 acres of shovel ready sites designed for semiconductor and nanotechnology manufacturing and other innovative industries. The campus will be home to GLOBALFOUNDRIES’ state-of-the-art 300 mm fabrication facility, which is slated to begin construction in summer 2009 with a completion in 2012. The remaining land at the campus will be divided into nine development areas with lot sizes ranging from 65,000 to one million square feet.
TINTON FALLS, N.J. – The Sudler Companies has renovated a 20,000-square-foot office, light industrial and flex property located at 45 Park Rd. within Sudler’s Corporate Park in Tinton Falls. Renovations included an open floor plan, landscaped grounds, a new roof, new mechanical systems and bathrooms, new electric service of 800 AMP, a new exterior façade with tinted windows and a new parking lot. Immediate occupancy will be available in July.
HOUSTON — Stream Realty Partners has announced that FedEx SmartPost has signed a lease for approximately 85,000 square feet at The Hardy Distribution Center, located in Houston. FedEx SmartPost plans to move into the center in a few months. Justin Robinson and Kyle Valentine of Stream Realty Partners represented the landlord, ING Clarion Partners, and John Beggy and Chris Perkins of Fischer & Co. represented FedEx SmartPost in the lease negotiations.