Industrial

SUNNYVALE, CALIF. — Cassidy Turley BT Commercial has brokered the nearly $3.23 million acquisition of an R&D building in Sunnyvale. The single-story, freestanding facility is fully leased to a biotech company. Cassidy Turley’s Andy Bogardus represented the buyer in the transaction.

CARSON, CALIF. — Watson Land Co. has leased a 190,000-square-foot industrial property, located at 21750 Arnold Center Road within the Watson Corporate Center in Carson, to Huffy Corp. With the 4-year, $5.8 million lease, the large bicycle company has reserved its new West Coast distribution center, which includes 31 dock-high positions. Jones Lang LaSalle’s Barry Hill represented Huffy in the transaction; Watson was represented in-house by Lance Ryan and Mike Bodlovich.

FONTANA, CALIF. — Union Developmental Financial has purchased the 90,439-square-foot First Choice Self Storage facility, located at 14750 Foothill Blvd. in Fontana, for almost $5.1 million. NAI Capital’s Stephen Grossman was the sole broker presiding over the transaction. The facility features 663 self-storage units and 84 covered RV parking spaces.

CAMARILLO, CALIF. — Lee & Associates-LA North/Ventura has negotiated a 98,952-square-foot industrial lease in the Camarillo Commerce Center at 4030 Via Pescador for nearly $4 million. Seeking a single building in which to consolidate two Oxnard warehouses totaling 60,000 square feet, Dynacorn International leased the industrial facility for a 7-year term from Triliad Development. Lee’s Grant Harris, Robert Shafer and Grant Fulkerson represented the landlord in the transaction, and NAI Capital’s Mike Tharp and Fred Ferro represented the tenant, a distributor of parts for classic and muscle cars.

CITY OF COMMERCE, CALIF. — Binswanger/Realty Advisory Group has negotiated the nearly $4 million lease of a 139,857-square-foot industrial facility located at 5500 E. Slauson Avenue in the City of Commerce. Binswanger’s Mark Repstad and John Repstad and Victor Didia of Weiss & Company represented the tenant, New Jersey-based Carrini Inc., in the deal with landlord AMB Property Corp., which was represented by David Hess and Michael Foley of CB Richard Ellis. The high-image property includes 10,049 square feet of two-story office space.