NEWARK, DEL. — The U.S. Army has purchased a 193,460-square-foot industrial property from Main PW LP for an undisclosed amount. The facility is spread across 20 acres at 1001 Ogletown Rd. in Newark. GVA Smith Mack represented the buyer, and M. Neil Kilian of NAI Emory Hill represented the seller.
SAN DIEGO — LifeCare Solutions Inc. has leased 35,840 square feet of industrial space at 10115-10119 Carroll Canyon Rd. within Scripps Ranch Business Center in San Diego. The 60-month lease is valued at $2.44 million. The tenant is expanding its space to occupy an entire building from 24,406 square feet. Jeff Saywitz of The Saywitz Company represented the tenant; Bill Dolan and Chris Pascale of CB Richard Ellis represented the landlord, HG Fenton Co., in the deal.
BRIDGETON, MO. — Sansone Group has brokered a lease for 30,000 square feet of industrial space at 3159 Rider Trail South in Bridgeton. Dan Dokovic of Sansone represented the landlord, The Realty Associates Fund VIII LP. FIK Investment Co. represented the tenant, The Standard Register Company. Terms of the lease were not disclosed. Dokovic also represented Mantucky LLC in the sale of a 7,500-square-foot office property, located at 4162-4168 Manchester Ave. in St. Louis. Joi Niedner represented the buyer, Spacegrove LLC. The property traded for $212,500.
DALLAS — Jackson, Miss.-based EastGroup Properties has acquired a three-property distribution center portfolio located in Dallas. The properties total 227,000 square feet and are situated in the city’s Northwest submarket along Stemmons Freeway. They were constructed between 1979 and 1981, and currently have an occupancy of 87 percent by six tenants. EastGroup plans to rename them Interstate Distribution Center V, VI an VII. The seller and the acquisition price were undisclosed.
GILBERT, ARIZ. — Autoline Industrial has purchased a general industrial building, which is located at 115 N. Sunway Dr. within Sunrise Business Park in Gilbert. Built in 1998, the 20,193-square-foot property sold for $1.7 million. Joe Cryan of NAI/Horizon represented the buyer; Kris Martin of Grubb & Ellis|BRE Commercial represented the seller, Creta Hevle of Eagle Distributing, in the deal.
GRAND RAPIDS, MICH. — Grand Rapids-based NAI West Michigan has brokered the sale of the Ackman Furniture Building, a 192,280-square-foot industrial property located at 1400 Buchanan Ave. in Grand Rapids. Dave Smies of NAI represented the buyer, Notions Marketing. Chad Versluis, also of NAI, represented the seller, Howard Miller. The buyer plans to rehabilitate the property in the near-term.
BOLINGBROOK, ILL. — LG Electronics MobileComm USA has leased a 337,630-square-foot warehouse located within Highland Corporate Center in Bolingbrook. Building #3 is situated at 1251 W. 115th St. and features 30-foot clear ceiling heights, 40 exterior docks, four drive-in doors, significant trailer storage and T-5 track lighting. Jason West and Sean Henrick of Cushman & Wakefield represented the landlord, ML Realty Partners. Seth Kelly and Kirk Armour of CB Richard Ellis represented LG. Terms of the lease were not disclosed.
PHOENIX — Eagle Distributing has sold a 20,193-square-foot warehouse to Autoline Industries for $1.7 million. The property is located in Phoenix’s Sunrise Business Park at 115 N. Sunway Dr. Kris Martin of Grubb & Ellis|BRE Commercial represented Eagle Distributing; Joe Cryan of NAI/Horizon represented the buyer.
WHITE PLAINS, MD. — Automated Graphic Systems has signed a lease with Demarr Investment for 104,000 square feet of warehouse space. The property, located at 4560 Graphic Dr. in White Plains, will serve as AGS’ printing facility. Joseph Casey and Thomas Burns of Cushman & Wakefield’s Baltimore office represented the tenant. Demarr was represented in house.
TROY, MICH. — Friedman Real Estate Group has negotiated the sale of a 10,000-square-foot industrial property, located at 2300 Bellingham in Troy. The seller was Prestige, Inc. The buyer, 2300 Bellingham LLC, will open its second Doggy Day Care location at the site. Paul Feldman and Larry Schultz of Friedman represented both parties in the transaction. The acquisition price was not disclosed.