Industrial

CARROLLTON, TEXAS — Dallas-based Lee & Associates arranged a lease for 126,882 square feet on behalf of Hilex-Poly. ProLogis owns the property, which is located at 1440 LeMay in Carrollton. Conrad Madsen and Greg Nelson of Lee & Associates represented the tenant, and Jacob Milligan provided in-house representation for ProLogis. Lee & Associates also represented Tao Tao USA in its lease of 71,498 square feet in Carrollton. The company leased space at Trinity Mills Distribution Center #7, which is located at 2425 Camp Ave. Lee & Associates’ Madsen and Nelson again represented the tenant and Mitch Pruitt offered in-house representation for ProLogis.

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VIRGINIA BEACH, VA. — Global Supply Solutions has leased 40,000 square feet of office and warehouse space at 1569 Diamond Springs Rd. in Virginia Beach. The firm is expanding from a previous 12,400-square-foot lease. John Lee of Virginia Beach, Va.-based John Lee & Associates represented the landlord, and Chip Worley of Norfolk, Va.-based Harvey Lindsay Commercial represented the tenant.

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YORK AND WILKES-BARRE, PA. — York-based ROCK Commercial Real Estate has completed three sales in eastern Pennsylvania. In York, ROCK represented both parties in the sale of the historic Rosenmiller mixed-use building, located at 33-41 W. Market St. The building contains 25,762 square feet. The buyer was 33-41 West Market Street LP. In Wilkes-Barre, ROCK again represented both parties in the sale of a 14,548-square-foot warehouse located at 705 Casey Ave. The buyer was Post Family LP. Finally, ROCK represented both parties in the sale of a 4,888-square-foot warehouse, located at 300 Shady Lane in York. The buyer was Shady Lane Partners LLC. The sellers in all three transactions were not disclosed.

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PLAINFIELD, IND. — Rolls-Royce Corp. has signed a lease for 37,148 square feet of industrial space at MetroAir Business Park, located in Plainfield. The company will lease a portion of the MetroAir Three building, which is located at the intersection of Stafford Road and Ronald Reagan Parkway, as a production facility for aircraft components. The approximately 35,000 square feet of manufacturing space will include seven overhead cranes, one floor-mounted crane, and climate control systems for air conditioning, humidity and compressed air. The tenant space will also include 3,000 square feet of office space. Patrick Lindley of the Indianapolis office of Colliers Turley Martin Tucker represented Rolls-Royce in lease negotiations. Rolls-Royce will become the second tenant at the 248,336-square-foot MetroAir Three building, bringing occupancy up to 55 percent. MetroAir Business Park, which is owned jointly by Indianapolis-based Horn Properties and McShane Development Co., is a 775,000-square-foot, multi-tenant industrial park.

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NEW YORK CITY — NAI Friedland Realty has completed the $20 million sale of a 144,000-square-foot warehouse. Located at 1080 Leggett Ave. in the Hunts Point area of the Bronx in New York City, the warehouse was purchased from Paradise Foods by Manhattan Beer Distributors. Situated on 4.9 acres, the 1950s warehouse features 22-foot high ceilings and is in close proximity to area highways and transportation, and it is adjacent to an active rail site. Steve Kornspun of Friedland represented Manhattan Beer in the transaction.

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EATONTOWN, N.J. — Peter Ricker of Weichert Commercial Brokerage has negotiated a 29,000-square-foot lease for office/flex space located at 246 West Industrial Way in Eatontown. Ricker represented the tenant, Empire Technologies, who was looking to relocate and expand its operations. The landlord, Industrial Way Complex, LLC, represented himself. The 5-year lease features a 5-year renewal option.

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PLANO, TEXAS — The Dallas office of Holliday Fenoglio Fowler (HFF) has completed the sale of Research Center, a five-property industrial/flex park located in Plano. Constructed in 2001, Research Center contains five buildings situated on approximately 15 acres that total 160,000 square feet of space. Tenants at the property include Terminex, NexRev and Eagle Test System. HFF’s Jud Clements and Robby Rieke represented the seller, Bank of America. The buyer, a Dallas-based private investor represented by Mark V Commercial, purchased the property free and clear of debt. The purchase price was not released.

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ONTARIO, CALIF. — Trek Bicycle Corp., a global leader in bicycle design and manufacturing, has signed a lease for 207,018 square feet of space at Shea Center Ontario in Ontario. The company plans to use the space as its West Coast Distribution Center, which will store and ship bicycles and cycling products to dealers in the western third of the United States. Robert Pontello of Merit Commercial Real Estate represented the tenant; Walt Chenoweth, Frank Geraci, Patrick Wood and Juan Gutierrez of CB Richard Ellis represented the landlord.

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