MT. PLEASANT, WIS. — Chicago-based HSA Commercial Real Estate has closed the first transaction at its Park 94 at Mt. Pleasant, a 90-acre multi-building business park in Mt. Pleasant. Menomonee Falls, Wis.-based Maysteel has leased 40,744 square feet of space at Building 2, a 125,000-square-foot facility located at 1400 International Dr. in Park 94. The building features 30-foot clear ceiling heights, 21 docks, two drive-in doors and parking for 155 vehicles. Sam Dickman of The Dickman Company represented Maysteel; David Bercu, David Liebman and Brendan Green of Colliers Bennett & Kahnweiler represented the property owner, HSA Commercial. Terms of the lease were not disclosed.
Industrial
DALLAS — Shanaa & Chanaa Sales has acquired a 16,465-square-foot warehouse located at 818 Metro Media Place in Dallas. The company plans to use the facility for the distribution of dry goods and equipment for the expanding Ali Baba's chain of restaurants. The buyer was represented by Matt Thompson and Phil Rosenfeld of Colliers. Tom Strohbehn of Grubb & Ellis represented the seller, Daytona Beach, Fla.-based Williams Consolidated I. The acquisition price was not disclosed.
COPPELL, TEXAS — Duke Realty Corp. has leased 144,019 square feet within its Freeport North Industrial Park in Coppell to Concote Corp. The manufacturer and distributor of packaging and custom fabrication will occupy space within the 559,582-square-foot Freeport IX building, which is located at 600 Freeport Pkwy. The building features 32-foot clear ceiling heights, 43-foot by 58-foor column spacing and 60-foot staging bays. This lease brings occupancy at the building to 80 percent. Tom McCarthy and Paul Whitman of Jones Lang LaSalle represented Concote in lease negotiations. Randy Wood provided in-house representation for Duke.
HOUSTON — Marcus & Millichap has completed the sale of an industrial property located in Houston. The 15,238-square-foot building is situated on 1 acre at 11611 Bissonnet St. in Houston. Joshua Lass-Sughrue of Marcus & Millichap's Houston office represented the seller, a Hawaii-based private investor. Justin Miller, also of the firm's Houston office, represented the buyer, a Texas-based private investor.
FIFE, WASH. — Animal Supply Co. will expand and renew its current lease of a warehouse and distribution facility in Fife. The expansion of 42,600 square feet brings the company’s total lease up to 120,700 square feet. The financial terms of the 5-year lease with owner TIAA CREF were not disclosed. Cornish & Carey’s Joe Fabian and Scott Carter of Seattle-based Pacific Real Estate Partners represented Animal Supply Co. in the transaction.
COLUMBUS, OHIO — Breagha Plana LLC has acquired a 67,644-square-foot industrial property, which is located at 800 Kaderly Dr. in Columbus. The property sold for $1.05 million. Kevin McGrath, Mike Hurd and Rick Trott of Colliers Turley Martin Tucker-Columbus represented the seller, Jim Pattison Developments, in the transaction.
HOUSTON — Weingarten Realty Investors has disposed of two industrial service centers in Houston totaling 383,782 square feet. In the first transaction, Weingarten sold Central Park Northwest, an eight-building flex complex situated on more than 18 acres at 2200-2502 Central Pkwy. and 4930 Dacoma. The complex contains a total of 283,182 square feet and was 81 percent leased at the time of closing. Rusty Tamlyn of Holliday Fenoglio Fowler represented Weingarten. The buyer was CC Realty Advisors. In the second deal, Weingarten sold a 100,600-square-foot service center located on 5.6 acres on TC Jester Boulevard, near Loop 610. Occupancy was approximately 90 percent at the time of closing. David Boyd of Boyd Commercial Real Estate Services represented Weingarten in the sale. Karen Stumbough represented the buyer, Jester Plaza, Ltd. The acquisition price in both transactions was not disclosed.
FREMONT, CALIF. — Overton Moore Properties (OMP) has secured a 12-year lease with Solyndra Inc. for 506,490 square feet at Page Technology Park in Fremont. Terms were not disclosed, but the total value of the lease is believed to exceed $45 million. OMP was represented by Rob Shannon, Joe Kelley and Ben Knight of CB Richard Ellis and Greig Lagomarsino of Colliers International; Solyndra was represented by GVA Kidder Mathews’ John Olenchalk. Built in 1982, the property was acquired by OMP from Hewlett-Packard in December 2008.
HAYWARD, CALIF. — San Francisco-based Jaeger McHugh & Co. LLC has acquired Barrington Business Center, an approximately 203,515-square-foot multi-tenant industrial complex located in the Interstate 880 corridor in Hayward. Financial terms were not disclosed. Colliers International’s Greig Lagomarsino represented both parties in the three-building transaction, with colleague Joe Yamin assisting on the buyer’s side.
SANTA CLARA, CALIF. — Applied Materials Inc. has signed a 150,480-square-foot warehouse lease at a RREEF America REIT II property, located at 1285 Walsh Ave. in Santa Clara. Colliers International’s Dave Sandlin and Steve Prehm represented the landlord and tenant, respectively.