GRAND PRAIRIE, TEXAS — The Dallas office of Grubb & Ellis has completed the sale of a 12,800-square-foot industrial property located at 1701 E. Main St. in Grand Prairie. Gary Lindsey of Grubb & Ellis represented the buyer, Smith Lawler Properties, and the seller, United Rentals Realty. The acquisition price was not disclosed.
FREDERICKSBURG, VA. — CVA Howells has sold a 51,000-square-foot flex warehouse to Blue Onyx Properties and Delmarva Contracting for $7.07 million. The property sits on 9.57 acres of land at 2529 Celebrate Virginia Parkway in Fredericksburg. Virgil Nelson and Berkley Mitchell of Thalhimer represented CVA Howells in the transaction.
WILLOWBROOK, ILL. — Pirrello Digital Imaging has purchased a 49,122-square-foot industrial property, which is located within Madison Business Park at 7350 S. Madison in Willowbrook. The buyer is relocating its corporate headquarters and studio to the new facility. Bill Waliewski of Morgan Realty Partners represented the buyer; Brett Kroner and Traci Buckingham of CB Richard Ellis represented the seller, Lab Source. The acquisition price was not disclosed.
SOUTHFIELD, MICH. — Friedman Real Estate Group has negotiated the sale of 20,973 square feet of industrial space at 21500 W. 8 Mile Road in Southfield. CCPZ Investments acquired the property for an undisclosed price. The buyer plans to use the property for its granite business. Friedman’s Todd Hawley and Paul Feldman represented the seller, LR Properties, in the transaction.
CITY OF INDUSTRY, CALIF. — Marking the largest industrial building leased in Los Angeles and Orange counties this year, Colliers International recently finalized Unical Aviation’s reservation of a 467,119-square-foot building located at 680 S. Lemon Ave. in City of Industry. The building will serve as the corporate headquarters and warehouse for Unical. Colliers International’s Steven Bellitti, Thomas Taylor and Chris Sheehan represented both the tenant and the landlords, Cardinal Capital Partners and Benenson Capital Partners, in the transaction.
ANAHEIM, CALIF. — Voit Real Estate Services has brokered the $4.3 million sale of a 65,000-square-foot industrial building located at 5410 E. La Palma in Anaheim. The bank-owned property sold to Pinnacle Precision Sheet Metal in an all-cash transaction. Voit’s Rob Socci represented both the buyer and the seller.
KISSIMMEE, FLA. — Vastu has purchased a 114,292-square-foot former cooler facility from The Martin-Brower Company for an undisclosed amount. The property is located at 1112 Collins Drive in Kissimmee. Matt Sullivan of Colliers Arnold represented the buyer. William Bradford and Tom McFadden represented the seller.
BROOKLYN PARK, MINN. — Ryan Companies US has completed the sale of an industrial property, which is located at 9303 W. Broadway within 610 Business Center in Brooklyn Park. Bio Test acquired the 75,000-square-foot facility for $3.67 million. Mark Sims of Colliers Turley Martin Tucker – Minneapolis/St. Paul represented the seller in the transaction.
WARREN, MICH. — Yangfeng Visteon Jinqiao Automotive Trim has leased approximately 80,768 square feet of industrial space in Warren. Ashley Warren LLC leased the space, which is located at 14275 Frazho, for an undisclosed price. The tenant, an automotive interiors supplier, plans to use the space for warehousing parts. Gene Agnone, Matt Osiecki, Mark Collins and Jamie Dingeman of CB Richard Ellis Detroit represented the tenant in the transaction.
HOUSTON — Houston-based Transwestern has completed a 118,150-square-foot build-to-suit project for Oceaneering International at Port Northwest in Houston. The space will be used by the tenant for the manufacturing of deep sea drilling equipment. Transwestern's development team was led by Sean Suffel and Mark Miller. Brian Gammill, also of Transwestern, represented Port Northwest's owner, TIAA-CREF, in lease negotiations. Doug Nicholson and John Nicholson of Grubb & Ellis represented Oceaneering. Port Northwest is a 75-acre industrial center located near the intersection of Sam Houston Tollway and U.S. Highway 290. Oceaneering is occupying space within a 1.3 million-square-foot bulk distribution facility that features 28-foot clear ceiling heights throughout most of the building and a 40-foot clear section that houses a 50-ton crane that services the entire building. In addition to the fit out, Transwestern developed an 89,000-square-foot speculative warehouse at the park. The next phase of development will include an additional 250,000 square feet of new space.