HOUSTON — Geodis Wilson Projects USA Inc. has leased 61,780 square feet of space in Port One North from Duke Realty Corp. The company will occupy 39 percent of the 158,940-square-foot warehouse/distribution building, which is located at 8210 Humble-Westfield Rd. in Houston. The cross-docked facility features 28-foot clear ceiling heights, 42 dock doors and two drive-in doors. Patrick Rollins of CB Richard Ellis represented Geodis Wilson in the transaction; Cory Driskill providing in-house representation for Duke.
BREA, CALIF. — Brea, Calif.-based Albany Synergistics has acquired a 32,559-square-foot industrial building for $4.5 million. The property is located at 615 and 655 Berry St in Brea. Mike Hefner of Voit Commercial Brokerage’s Anaheim, Calif., office represented the buyer; Louis Tomaselli, also of Voit’s Anaheim office, represented the seller, North Anaheim Associates, in the transaction.
WAUKESHA, WIS. — The Milwaukee office of CB Richard Ellis (CBRE) has brokered the sale of a 14,050-square-foot industrial facility located at 405 Wilmont Dr. in Waukesha. Spanish olive grower Seville Imports acquired the building from former occupant Gray’s Tool and Manufacturing for use as distribution and warehouse space. Karl Wiedenman of CBRE negotiated the disposition on behalf of Gray’s Tool and Manufacturing. The price of the sale was not disclosed.
ELIZABETH, N.J. — Matrix Development Group has completed a 432,140 lease renewal within Bayway Industrial Center in Elizabeth. The space is occupied by Cory Furniture, a Jersey City, N.J.-based furniture warehousing, storage and home delivery provider. Terms of the lease were not disclosed. Bayway Industrial Center, which is owned by Matrix, comprises four standalone warehouse buildings total of more than 1 million square feet. The property is currently undergoing a redevelopment and was 75 percent occupied at the time of closing.
ONTARIO, CALIF. — Sacramento, Calif.-based ProLogis has leased approximately 400,000 square feet of distribution space to Consumer Products Company, a footwear designer, manufacturer and retailer. The space is located at ProLogis Park Ontario Airport, a newly constructed 681,000-square-foot facility located in Ontario.
PHOENIX — Phoenix-based Forever Neutraceutical LLC has purchased a 69,120-square-foot industrial building, which is located in Maricopa Freeway Center at 4114 E. Wood St. in Phoenix. The property sold for $2.8 million. The seller was Los Angeles-based 228-32 West 42nd Street Realty Corp. Ron Walker of Scottsdale, Ariz.-based Walker Commercial Realty Inc. represented the buyer; Kevin Cosca, Pete Wentis and Pat Collins of CB Richard Ellis represented the seller in the transaction.
SAN DIEGO — Treviso LP has completed the disposition of a two-story, 34,000-square-foot industrial building, which is located at 4153-4183 Market St. in San Diego. Center For Employment Training, a private, 501(c)(3) non-profit organization, purchased the property for $3.35 million. The buyer plans to use the property for its training programs and administrative functions. Tim Mills and Travis Ahern of Cushman & Wakefield represented both parties in the transaction.
MONROE TOWNSHIP, N.J. — The Cranbury, N.J., office of Matrix Development Group has acquired Mid-Atlantic Corporate Center, an 80-acre business park located in Monroe Township. The property, which was renamed Matrix Corporate Campus, comprises 13 buildings totaling more than 342,000 square feet of office, laboratory and flex space. Prominent tenants include Innophos Inc., a phosphate producer that operates its 48,000-square-foot worldwide headquarters out of the campus. The seller, was Pennsylvania-based Preferred Unlimited. Negotiating the transaction were Newmark Knight Frank and Fennelly & Associates. The acquisition price was not disclosed.
HARTFORD, CONN. — The Hartford office of CB Richard Ellis (CBRE) has secured $12 million in permanent construction financing for a new industrial project in Hartford. Known as 100 International Drive, the project will consist of a 304,200-square-foot, build-to-suit facility for TireRack Inc. with the ability to expand by an additional 148,800 square feet. It will be situated on a 58-acre site within the New England Tradeport, a 600-acre business park located between the townships of Windsor and East Granby. Mike Riccio of CBRE’s Capital Markets Debt & Equity Finance division originated the non-recourse loan, which includes an initial 12-month term with a rate based on LIBOR, followed by a fixed rate. The lender was Berkshire Bank and the borrower was Griffin Land.
WASHINGTON TOWNSHIP, N.J. — Sheldon Gross Realty has arranged a 125,580-square-foot lease at 4012 Cabot Dr. in Washington Township. The tenant, Connecticut-based Eastern Bag & Paper Co., previously occupied a 50,000-square-foot distribution center located in South Brunswick, N.J. The company’s new facility, which is located within a 600,600-square-foot building within I-195 Business Park, is owned by AEW Capital Management. Terms of the lease were not disclosed.