GOODYEAR, ARIZ. — Binswanger has negotiated a 460,000-square-foot industrial lease on behalf of a solar-related tenant at the former Rubbermaid manufacturing site in Goodyear. Binswanger’s Doug Heller, Eric Dienstbach and Rob Gemerchak represented both the lessee and the landlord, BET Investments, in the transaction.
ORLANDO, FLA. — FedEx Smartpost has renewed a 101,016-square-foot lease with an undisclosed landlord for 2 years. The property, Crossroads VI, is located at 501 Gills Drive in Orlando. Erik Schwetje of CB Richard Ellis brokered the transaction.
MORRISVILLE, N.C. — iContact, an e-mail marketing firm, has signed a 70,304-square-foot lease with Duke Realty Corp. for space in Perimeter Park. The property is located at 5221 Paramount Parkway in Morrisville; iContact will occupy some of the space recently vacated by Lenovo, who moved out of the building late last year. Jones Lang LaSalle's Ryan Lawrence represented the tenant. Hooker Manning served as in-house representation for Duke Realty Corp.
IRVING, TEXAS — The Medve Group has signed a lease with a private landlord for the 117,000-square-foot Walnut Hill Distribution Center in the Las Colinas area of Irving. The property is located at 1411 W. Walnut Hill Lane. Capstone Commercial's Larry Robbins represented the tenant. Colliers International's Allen Gump represented the landlord.
ONTARIO, CALIF. — Grubb & Ellis has represented Saddle Creek Corp. in a 432,308-square-foot warehouse/distribution lease at 5431 E. Philadelphia St. in Ontario. The third-party logistics company immediately took occupancy at the ProLogis Corp. property after signing a 5-year lease. Grubb & Ellis’ Ron Washle and Mark Kegans teamed up with Ladson Montgomery of Grubb & Ellis|Phoenix Realty Group to represent the Lakeland, Fla.-based lessee in the transaction; the property’s landlord represented itself.
PORTSMOUTH, VA. — PFR Properties II has acquired a 76,000-square-foot warehouse from RADVA Corp. for $1.6 million. The building sits on 8 acres at 2211 Elliott Ave. in Portsmouth. After a renovation, the site will be the new corporate headquarters of Special Events Entertainment and Rentals. Thalhimer's Patrick Mumey brokered the sale.
MEDLEY, FLA. — USPly Trading Co. has signed a 37,440-square-foot lease with PPF Lincoln-Medley at the 670,000-square-foot Lincoln Logistics Park. The property is located at 12604 NW 115th Ave. in Medley. The building features office space and ESFR sprinklers. Jones Lang LaSalle's Steven Medwin, Harry Wardell and Nick Wigoda represented the landlord.
ST. PETERS, MO. — Hard, Austria-based Alpla Inc. has purchased an 83,485-square-foot industrial property, located at 9 Cermak Blvd. in St. Peters. The plastic packaging solutions manufacturer plans to initially invest $12 to $16 million in the facility and hire approximately 50 to 100 employees. Allen Klippel and Marc Cacciarelli of CB Richard Ellis represented the undisclosed seller; Southfield, Mich.-based Plante Moran CRESA represented the buyer. The acquisition price was not released.
SAGINAW, TEXAS — Cadence McShane Construction Co. will soon start construction on the 185,221-square-foot CTI Foods headquarters at 504 Sansom Blvd. in Saginaw. The property will encompass 23,968 square feet of office space and a 104,226-square-foot production area. The firm is also building 57,027 square feet of refrigerated storage. Pross Design Group provided architectural services for the project.
ANAHEIM, CALIF. — Ashwill Associates has negotiated Advantage Mailing Inc.’s nearly $11.2 million acquisition of a 154,225-square-foot industrial property located at 1600 N. Kraemer Blvd. in Anaheim. Ashwill’s Steve Brackmann and Shaun Kearney represented the buyer in the transaction, and CB Richard Ellis’ Ben Seybold, Ian Britton, Rick McGeagh and Darren Kim represented the seller, Crossroads Investors LP.