GRAND PRAIRIE AND PLANO, TEXAS — Colliers International has arranged two industrial lease renewals in Texas. In the first transaction, Atlanta-based Aaron Rents renewed its lease for 140,000 square feet of warehouse space at Heinz Way II, which is located at 901 Heinz Way in Grand Prairie. The company uses the space as its North Texas regional distribution hub. Noel Hutcheson, Larry Kell and Cash McWhorter with Colliers' Dallas office, along with Price Weaver and Ben Logue of the firm's Atlanta office, represented the tenant. Robert Allen of First Industrial Realty Trust provided in-house representation for the landlord. In the second transaction, Luminator renewed its lease for a 104,104-square-foot flex building at Plano Tech Center, which is located at 900 Klein in Plano. The single-story building contains 85,580 square feet of warehouse space and 18,500 square feet of office space. Jim Nelms and Scott Jessen of Colliers' Dallas office represented the tenant in lease negotiations. The landlord was represented by RREEF.
SAN DIEGO — Cushman & Wakefield has negotiated San Diego County’s largest industrial lease since 2006 with Mor Furniture For Less’ 10-year, 199,359-square-foot signing in Brown Field Business Park, located at 7757 St. Andrews Ave. in San Diego. Financial terms were not disclosed. Cushman & Wakefield’s Eric Northbrook and Sean Williams represented the lessee, and the firm’s Charles Adolphe and Bryan Teel represented the lessor, Brown Field Business Park LP.
HUNTERSVILLE, N.C. — Pactiv Corp. has signed a lease with TA Associates Realty for 186,000 square feet of distribution space in a building that also houses Philip Morris USA. The property is located at 12801 Jamesburg Drive in Huntersville. Pactiv's lease accounts for 33 percent of the building. Anne Johnson, Bryan Cruthcer and David Tropp of CB Richard Ellis represented the tenant in the transaction. Terry Brennan and Bill Wood of Trinity Partners represented TA Associates.
KANSAS CITY, KAN. — Sealy Mattress has signed a lease for 121,500 square feet of industrial space at 435 Riverpark in Kansas City. Premier Investments leased the property for an undisclosed price. Additional terms of the 10-year lease were not disclosed. Paul Neal of Grindstone Industrial Properties brokered the transaction.
UNION, N.J. — Kalmon Dolgin Affiliates (KDA) has arranged the sale of a warehouse located at 667 Lehigh Ave. in Union for $1.82 million. The buyer, New York City-based Plex Supply Co., plans to use the 30,000-square-foot property for additional storage and distribution space. The sale also includes 2 acres of vacant land. KDA's Gary Mayzlin represented the Plex Supply Co. as well as the seller, HJH Group.
ARLINGTON, TEXAS — The Salvation Army has signed a lease for a 99,831-square-foot warehouse located at 2900 Ave. E in Arlington. The organization will take occupancy immediately and plans to use the facility as its Southeast regional disaster relief center. Brock Wilson and Mackenzie Schriber of Grubb & Ellis represented the landlord, First Industrial Realty Trust, in lease negotiations. Bill Davenport of The Davenport Group represented The Salvation Army. Terms of the lease were not disclosed.
DALLAS AND LEWISVILLE, TEXAS — CB Richard Ellis (CBRE) has brokered two industrial leases in the Dallas/Fort Worth Metroplex. In the first transaction, Ozburn-Hessey Logistics has expanded its existing lease at 4001 Adler Road in Dallas by 181,400 square feet. CBRE's Ann Huntington represented the tenant and Jake Marks, also of CBRE, represented the landlord, I-30 Distribution LP. In the second transaction, Golden Star Classic Auto Parts signed a lease for 71,400 square feet at 1800 Waters Ridge Drive in Lewisville. CBRE's Steve Trese represented the landlord, TIAA-CREF. Golden Star was represented by Dan Spika of Henry S. Miller Commercial.
ORLANDO, FLA. — Orlando Warehouse Portfolio has leased 135,640 square feet in the Beeline Distribution Center to three companies. The property is located at 2501 Investors Row in Orlando. Tech Packaging and Ralph's Transfer signed 5-year leases for 64,000 square feet and 58,800 square feet, respectively. GBH Four Star signed a 3-year lease for 12,840 square feet. Erik Schwetje of CB Richard Ellis' Orlando office represented the owner.
HOUSTON — NAI Houston has brokered the sale of 5521 Armour Drive, a 23,000-square-foot industrial building located in Houston. Travis Land and Michael Keegan of NAI represented the seller, Tire Source. Dan Nip of PMI Inc. represented the undisclosed buyer. The acquisition price was also undisclosed.
DORAL, FLA. — PS Business Parks has broken ground on a 75,000-square-foot warehouse in the Miami International Commerce Center. The Class A property is located at 8216 NW 14th St. in Doral. The firm is also redeveloping 60,000 square feet of space in the park. The Miami International Commerce Center will span more than 3.2 million square feet when complete.