ELKRIDGE, MD. — National Floors Direct has leased 40,250 square feet of warehouse space from ProLogis at ProLogis Park I-95 Distribution Center #3. The 67,620-square-foot property is located at 7111 Troy Hill Dr. in Elkridge. National Floors Direct will house its warehousing and distribution operations in the building. Matthew Laraway and Ned Brady of Cushman & Wakefield’s Baltimore office handled the lease.
ELGIN, ILL. — Arthur J. Rogers & Co. has brokered two leases within Rogers Business Park, a four-building, 232,000-square-foot warehouse/flex project located in Elgin. Antenova Ltd. signed a new lease for 3,900 square feet at 2541 Technology Dr. In addition, Lynk Labs expanded its lease to 5,000 square feet of space at 2511 Technology Dr. Chris Zannis of Arthur J. Rogers represented both parties in both transactions. Terms of the leases were not disclosed.
CONCORD, N.H. — CB Richard Ellis has negotiated at 45,600-square-foot short-term lease for warehouse space on behalf of Wal-Mart Stores East, LP. The leased space is located at the 192,300-square-foot Capital City Industrial Center at 77 Merrimack St. in Concord. The facility is comprised of 10,000 square feet of office space, 101,100 square feet of manufacturing space and 81,200 square feet of warehouse space. It features clear heights up to 21-feet in the warehouse, 19 tailboard docks and 2,000 amps. Situated on 21.49 acres on the banks of the Contoocook River, the facility is just 5 minutes from Exit 17 on Interstate 93. Roger Dieker and Mike Tamposi of CB Richard Ellis Manchester represented the landlord and Mike Reed of Stebbins Commercial Real Estate represented the tenant.
CHICAGO — Chicago-based Structured Development has completed the redevelopment of the form Jays Foods Inc. plant into a mix of industrial and office space on the city’s Far South Side. The 229,000-square-foot plant, which is located on 14 acres at Cottage Grove Avenue and 99th Street, has been renovated into 180,000-square-foot, two-building multi-tenant complex. The project includes the original 125,000-square-foot building at 825 E. 99th St., as well as a 104,000-square-foot warehouse at 1001 E. 99th St. Structured acquired the property from Jays in 2005 in a sale/leaseback transaction, and the tenant vacated the site in 2007. Structured has hired Jones Lang LaSalle to market the property for sale, while also marketing the available space for lease to office and industrial tenants. Two tenants have leased space within the original building; Wide Open West LLC has taken 32,000 square feet and G.W. Berkheimer leases 20,000 square feet.
LAKEWOOD, N.J. — The Sudler Companies has leased a total of 67,000 square feet located within Sudler Corporate Park, the developer’s 250-acre business park located in Lakewood. In the first transaction, Elaut USA signed a new lease for 25,000 square feet of space at 1000 Towbin Ave., a 50,000-square-foot warehouse facility. Elaut will use the space as its corporate headquarters, which will also contain a parts and service department, space for support staff and executive offices. The building is now fully occupied. Sudler’s Jeff Hale provided in-house representation for the landlord in the transaction. The tenant was represented by William Hettler, Jr. of Logistics Realty. In the second transaction, R Tape/Custom Extrusion Technologies renewed its lease for a 42,000-square-foot building located at 1650 Corporate Park West. The tenant occupies the entire facility. Hale represented both parties in lease negotiations. Sudler Corporate Park contains a total of 1.3 million square feet of light industrial, distribution and office space.
ARLINGTON, TEXAS — Bob Moore Construction has completed Pioneer 360 Business Center, a 1.16 million-square-foot business park located along State Highway 360 in Arlington. The 70-acre property contains three buildings. Buildings A and B total 194,845 and 152,800 square feet, respectively. They are designed for warehouse, office, showroom and flex tech users requiring rear-loading capability. The buildings feature 24-foot clear ceiling heights and a combined 86 loading dock bays. Building C is an 815,820-square-foot, cross-docked distribution facility. It features 32-foot clear ceiling heights, more than 100 trailer storage spaces and 158 loading dock bays. The project is applying for the Gold level of LEED – Core & Shell certification, and is one of the first industrial projects in the state to register for the designation. The developer of Pioneer 360 Business Center is Flaherty Development, and the project architect was Alliance Architects.
ORLANDO, FLA. — Small Bay Partners LLC is developing the first phase of CommerCenter, which is located at 7629 Narcoossee Rd. in southeast Orlando. The initial phase will include 57,000 square feet, including all the of the planned retail space. Along with the 120,000-square-foot CommerCenter facility, the firm plans to develop 14,000 square feet of retail space and 106,000 square feet of industrial condominiums.
AUBURN HILLS, MICH. — The Detroit office of CB Richard Ellis (CBRE) has brokered the sale of a 75,280-square-foot industrial property, located at 1987 Taylor Rd. in Auburn Hills. The property was acquired by Dietronik Inc., a wholly owned subsidiary of American Axle & Manufacturing Inc., which plans to use the space as a machining parts plant. CBRE’s Eugene Agnone, Charles Ginster and Matthew Osiecki represented the seller, Molex Inc. The sale price was not disclosed.
YORK, PA. — York-based ROCK Commercial Real Estate has arranged two leases in the York community of Springettsbury Township. First, ROCK represented York Container Co. in the leasing of 45,000 square feet of warehouse space at 2800 Concord Rd. In the second transaction, ROCK represented Super Shoes in the leasing of 20,000 square feet of retail space within York Marketplace at 2541 E. Market St. The landlords and terms of the leases were not disclosed.
TIGARD, ORE. — Portland, Ore.-based TCTPI LLC has acquired Tigard Central Industrial Park in Tigard for $7.46 million. Located at 12670-12700 SW Hall Blvd., the five-building property offers 208,640 square feet of industrial space. The seller was Portland-based Jempak Partners LLC. Greg Nesting and Scott Finney of Portland-based Norris & Stevens represented both parties in the transaction.