Industrial

HOUSTON AND TOMBALL, TEXAS — Houston-based Caldwell Cos. has brokered two industrial sales in the Houston metro area. In Houston, Pneumatic & Hydraulic Co. purchased a 20,000-square-foot property located at 15811 Tuckerton Rd. Brian Corriston of Caldwell represented the buyer. The seller was not disclosed. In Tomball, Tom Peloski purchased a 7,500-square-foot property, located at 407 S. Persimmon St., from Amvox Equipment Co. Caldwell’s Dylan Schopper represented the seller and Scott Heard, also of Caldwell, represented the buyer. The acquisition prices in both transactions were not disclosed.

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SEATTLE — Panattoni Development Co. has leased 108,000 square feet of office/warehouse space to Goodwill Industries of Seattle. Located at 2208 W. Casino Rd. within Casino Park Corporate Park, the single-level building features 30-foot clear ceiling heights, an ESFR sprinkler system and 1.2 stalls per 1,000-square-foot parking capacity. The tenant plans to use the property for its wholesale outlet and warehousing operations. John Zunick of Cascade Commercial Properties represented the tenant; Al Hodge and Steve Henderson of the Broderick Group represented the landord. Additional terms of the 15-year lease deal were not disclosed.

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BELOIT, WIS. — Coldwell Banker Commercial (CBC) McGuire Mears & Associates has brokered the sale of an approximately 6,500-square-foot industrial property, located at 1611 and 1621 Gale Dr. in Beloit. CBC’s Barry Badertscher represented the seller, locally based Beloit Sign/Design Inc.; Dave McGrath of McGrath Realty represented the buyer, Jakin Enterprises. Terms of the deal were not released.

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KANSAS CITY, MO. — Advanced Logistics & Fulfillment (ALF) has expanded its lease at SubTropolis, a subterranean industrial park located in Kansas City. ALF will increase its footprint at the park from 89,440 square feet to 129,575 square feet. Terms of the lease were not disclosed. SubTropolis totals approximately 5 million square feet and is the world’s largest underground business complex. It is owned by locally based Hunt Midwest.

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ELGIN AND BENSENVILLE, ILL. — Lee & Associates of Illinois has brokered a lease renewal for 25,702 square feet of warehouse space at 1370 Gateway Dr. in Elgin. The tenant is ADMO. Steve Bass of Lee and Jason Talanian of Lowenbaum REP represented the landlord, Knebl Real Estate. In addition, Chris Nelson, also of Lee, represented Helix USA in the renewal of 25,703 square feet of warehouse space at 1161 Ellis St. in Bensenville. Kevin Segerson of CB Richard Ellis represented the landlord, Invesco Real Estate. Terms of both leases were undisclosed.

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GRAND PRAIRIE, TEXAS — Henry S. Miller Brokerage (HSMB) has arranged a lease for 10,000 square feet of industrial space at 1171-1175 109th St., located in Grand Prairie. Situated on 2.38 acres, the multi-tenant building is located adjacent to the Union Pacific Railroad. With this most recent lease, the building is fully occupied. HSMB’s Jim Hazard represented the landlord, Gardner Properties. The tenant, Xtra Lite Lighting/Environment Lighting Service, was represented by Michael Stanzel of NAI Robert Lynn. Terms of the lease were not disclosed.

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FONTANA, CALIF. — Bally Development has acquired Phelan Logistics Center, a 290,650-square-foot Class A industrial building located at 15889 Slover Ave. in Fontana. Bally plans to use the 12-acre property as its primary West Coast distribution center for Maxzone Auto Parts. The financial terms of the transaction were not disclosed. Joe Lin and Jeff Smith of Lee & Associates’ Ontario, Calif., office represented the buyer; Bill Heim and Eloy Covarrubias, also of Lee & Associates, represented the seller, Catawba JP/DF, in the deal.

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DORAVILLE, GA. — S&P Investment, also known as Central Pipe and Supply, has signed a lease expansion and renewal with ProLogis for 90,317 square feet of warehouse space. The property is located at 4164 Northeast Expressway in Doraville. The company originally leased 20,000 square feet in the warehouse in 2001. Ed Riggins of CresaPartners’ Atlanta office represented the tenant. Jeff Lucas served as in-house representation for ProLogis.

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BEDFORD PARK, ILL. — Chicago-based Ridge Property Trust has leased 200,000 square feet of industrial space at Bedford Park Corporate Center, a 50-acre business park located in Bedford Park, to distribution company M. Block & Sons. The tenant plans to take occupancy in the fall. Jeff Locascio of Epic Realty Partners represented M. Block & Sons in lease negotiations. Ridge Property Trust was represented by Sally Macoicz of Cushman & Wakefield. Bedford Park Corporate Center consists of three buildings totaling more than 1 million square feet of industrial and office space.

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OCONTO FALLS, WEST ALLIS AND GERMANTOWN, WIS. — NAI MLG Commercial has brokered three Wisconsin industrial deals. In Oconto Falls, North Shore Bank sold a 6,000-square-foot industrial property, located at 221 Jackson St., to JCV Investments. Patrick Connor of NAI represented both parties. In West Allis, Northern Brewer leased 11,000 square feet of space, located at 1306 S. 108th St., from 1330 LLC. NAI’s Scott Satula represented both parties. In Germantown, Price Transport leased 8,000 square feet of space, located at N114 W19049 Clinton Dr., from Smart Associates. NAI’s Barry Chavin represented the tenant, and Stephan Stewart and Lyle Lewandowski of Inland Cos. represented the landlord.

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