MT. COMFORT, IND. — EnerDel, a division of Ener1, has signed a lease for 211,500 square feet of industrial space at Axcess70 in Mt. Comfort. The company will utilize the facility to manufacture lithium batteries for the automotive industry. Axcess70 is a 150-acre industrial and distribution park located north of the Interstate 70 and Mt. Comfort Interchange. The property is owned and developed by Browning Investments. Mark Writt of CB Richard Ellis represented the tenant; J.D. Graves of Colliers Turley Martin Tucker represented the property owner.
BOSTON — Fantini & Gorga has arranged $2.07 million in construction/permanent financing for two flex industrial properties located in Boston's Dorchester neighborhood. The first property, located at 31-39 Norwood St., is a two-story building totaling approximately 9,300 square feet. The second property, which is soon to be under construction, will be similar to the first building and will be located at 19-29 Norwood St. Casimir Groblewski of Fantini & Gorga secured the funds on behalf of the borrower, 19-29 & 31-39 Norwood Street LLC, through a local community bank.
UPPER MORELAND, PA. — Philadelphia-based Binswanger has negotiated a lease for a 125,000-square-foot warehouse located in Upper Moreland. The facility is situated on 18.54 acres at 1001 S. York Road. The tenant, Benjamin Foods, will consolidate its warehouse operations, currently housed at three separate buildings, into the new space. The tenant will take occupancy by March 1. Binswanger represented the landlord, Vornado Realty Trust.
ORLANDO, FLA. — Duke Realty Corp. has offered lease renewals totaling 204,352 square feet in the Parksouth Distribution Center to five tenants. The eight-building, 990,091-square-foot property is located near Orange Blossom Trail in Orlando. Fresenius Manufacturing has renewed its 63,638-square-foot lease, and Armstrong Relocation Co. renewed its 58,138-square-foot lease. Additionally, SimCom International renewed for 38,762 square feet, Bright House Networks renewed for 32,375 square feet, and BBJ Party Linens renewed for 11,439 square feet. Tim Perry served as in-house representation for the landlord.
FARMINGDALE, N.Y. — Bohemia, N.Y.-based CMB Wireless Group has purchased a 149,300-square-foot industrial building located in Farmingdale for more than $11 million. Situated at 40 Daniel St., the building features 22-foot clear ceiling heights, four drive-in doors, 12 loading docks, 36,500 square feet of office space and roof-mounted solar panels that provide electricity to the building. Richard Cohen of Hauppauge, N.Y.-based Ashlind Properties represented CMB. Bill Greiner of Greiner-Maltz Co. represented the seller, Daniel Realty Associates.
SUNNYVALE, TEXAS — Marcus & Millichap has brokered the sale of a 136,751-square-foot FedEx freight facility located in Sunnyvale. The industrial property is situated on more than 30 acres at 301 Clay Road. It features 11,761 square feet of office space, 9,640 square feet of shop space, a guard shack, a 2,000-square-foot fuel island and expansion capability up to 20,860 square feet. Alvin Mansour of Marcus & Millichap's San Diego office represented the seller, a Washington-based developer. Ben Sgambati and Alan Cafiero of Marcus & Millichap's New Jersey office represented the buyer, a New York-based investor. Will Jarnagin of Marcus & Millichap's Dallas office provided local representation.
PLEASANT PRAIRIE, WIS. — C&H Distributors has signed a lease to occupy 320,000 square feet of space at LakeView XII, which is located within LakeView Corporate Park in Pleasant Prairie. The company is relocating its operations from Milwaukee. The facility features 50 truck-loading docks, four drive-in overhead doors, 32-foot clear-ceiling heights and ample truck parking spaces. Trent Poole of CB Richard Ellis represented the tenant; Whit Heitman and Samuel Badger of Paine/Wetzel•ONCOR International represented the landlord, CenterPoint Properties. Additional terms of the lease were not disclosed.
SOUTH BRUNSWICK, N.J. — IDI has completed a lease for Middlesex I, a 1.35 million-square-foot industrial center located in South Brunswick. The building will be leased by an undisclosed tenant, which plans to use it as a regional distribution center and will take occupancy in June. The property contains 36-foot clear ceiling heights, 279 dock doors, 167 trailer spaces and an ESFR sprinkler system. Frank Petkunas of IDI provided in-house representation for the developer, with assistance from Paul Torosian and Nate Demetsky of Cushman & Wakefield. Middlesex I is the first building to be completed at the Middlesex Center industrial park.
SHAKOPEE, MINN. — NFI Distribution has signed a lease for 106,000 square feet of industrial space at Continental Distribution Center, which is located at 4701 Industrial Blvd. South in Shakopee. The tenant will use the property to serve its customers in the region. The landlord is First Industrial Realty Trust. Jeff Pryztarski of CB Richard Ellis and Brian Netz and Bill Ritter of NAI Welsh Cos. negotiated the transactions. Lease details were not released.
RALEIGH, N.C. — Raleigh-based Nallapiti Properties has purchased a 56,700-square-foot warehouse from Timeberlake Investments for $3.12 million. The property is located at 501 S. New Hope Church Road in Raleigh. Commercial Associates' Hunt Wyche represented Nallapiti in the transaction. Colin Brown of Brown Commercial Realty represented the seller.