JOLIET, ILL. — Stepan Co. has inked a build-to-suit lease deal for a 217,712-square-foot industrial building at CenterPoint Intermodal Center-Joliet in Joliet. The Northfield, Ill.-based company is a producer of specialty and intermediate chemicals used in household, industrial, personal care, agricultural, food and insulation related products. The property is being developed by CenterPoint Properties.
FRANKLIN, MASS. — Healthcare supplies company Owens & Minor has expanded the lease at its Franklin distribution facility. The company previously occupied 47,459 square feet within the high-bay warehouse building but renewed and expanded its lease to occupy the entire 147,578-square-foot building. John Lashar, Paul Leone and Samantha Hallowell of Richards Barry Joyce & Partners represented the landlord, TA Associations Realty, in lease negotiations. Jackson & Cooksey represented the tenant.
ROSEVILLE, CALIF. — Solar Power Inc. will open a new 100,000-square-foot headquarters and manufacturing facility at McClellan Business Park in the Sacramento area. The property is projected to have an annual production capacity of 50 megawatts of high-performance solar panels. Founded in 2005, Solar Power anticipates construction beginning on the new facility in July with completion scheduled for early 2011.
ORLANDO, FLA. — Pelliconi Group of Italy has leased 86,413 square feet from Duke Realty Corp. in Parksouth Distribution Center, eight-building, 990,091-square-foot business park. The property is located near the Florida Turnpike in Orlando. Pelliconi will move into the space in mid-April and has predicted that they will staff 24 jobs during the next 3 years. NAI Realvest Partners' Rob Blackwell represented the tenant. Tim Perry served as in-house representation for Duke Realty.
HARTLAND, WIS. — HM Investment Partners LLC has acquired a 44,860-square-foot industrial property in Hartland. The property, which is located at 581 S. Industrial Dr., sold for an undisclosed price. Stephen Provancher of NAI MLG Commercial represented the seller, DRE Investments LLC, in the transaction.
GARLAND, TEXAS — Goodman Distribution has signed a 29,955-square-foot lease with Northwestern Mutual Life Insurance Co. for industrial space in the Gateway East Business Center. The property, the 294,940-square-foot Building II, is located at 4009 Distribution Drive in Garland. The tenant will move into the new space in early May. Stream Realty Partners' Damian Rivera, Seth Koschak and Blake Kendrick represented the tenant. Chris Stout and Susan Singer of Bradford Commercial Real Estate Services represented the landlord.
KANSAS CITY, KAN. — Savant Corp. has acquired a 29,000-square-foot industrial property in Kansas City. Arnold-Newbanks sold the property, which is located at 2820-A Roe Lane, for an undisclosed price. Pat Murfey of Grindstone Industrial Properties negotiated the transaction.
RACINE, WIS. — Leonard Investments LLC has purchased an industrial property, which is located at 2301 S. Memorial Drive in Racine. R&D Terminals sold the 13,000-square-foot property for an undisclosed price. Brian Parrish of The Dickman Company/CORFAC International brokered the transaction.
LYNNWOOD, WASH. — GVA Kidder Mathews has negotiated the $4.62 million acquisition of a 54,000-square-foot industrial building located at 5804 204th Street SW in Lynnwood. GVAKM’s Matt Henn, Matt Hagen, Al Robertson and Thad Mallory represented the buyer, Conax Properties USA, in the transaction, and Colliers International’s Derek Heed represented the seller, Lynwood 5804 LLC.
HARRISBURG, PA. — AMB Property Corp. has leased 202,200 square feet of industrial space to an undisclosed tenant. The space is located at AMB I-85 Distribution Center in Harrisburg. Terms of the transaction were not released.