ATLANTA — Los Angeles-based Ta Chen International, a distributor of metals products, has leased a 104,000-square-foot warehouse from Duke Realty Corp. The property is located at 2660 Pinemeadow Court in the Pinebrook business park in Atlanta. Nathan Anderson of NAI Brannen Goddard represented the tenant, and Brian Sutton served as in-house representation for Duke.
WICHITA, KAN. — Bradley Tidemann of J.P. Weigand & Sons, on behalf of the unnamed landlord, has secured a lease for 36,000 square feet within a newly constructed, 143,000-square-foot warehouse located at the corner of Custer Avenue and Pawnee Street in Wichita. Siding distributor Alside Supply will be the first tenant within the modern warehouse facility, after signing a 5-year lease.
DEERFIELD BEACH, FLA. — An undisclosed limited liability company based in Deerfield Beach has sold two warehouses totaling 21,937 square feet to an undisclosed buyer based in Hollywood, Fla., for $1.28 million. The property is located at 272 and 282 N.W. 1st St. in Deerfield Beach. Daniel Cioci of Marcus & Millichap’s Fort Lauderdale, Fla., office represented the seller. Richard Seaman of Miami-based Jay Sugarman Realty/Realty Nation represented the buyer.
SUWANNEE, GA. — Fischbein, a material handling manufacturer with U.S. headquarters in Statesville, N.C., has leased 73,400 square feet of space in the Horizon Business Center for its Flexible Material Handling Division, moving its operations from Ohio to Georgia. The business center, which is now fully occupied, is located at 410 Horizon Dr. in Suwannee. Atlanta Office Realty’s Brad Kuehn represented the tenant, and Brian Sutton of Duke Realty represented the landlord. Fischbein will relocate to the new space this summer.
FORT ATKINSON, WIS., AND COLUMBUS, OHIO — Anheuser-Busch InBev (InBev) has agreed to sell four of its manufacturing plants to Ball Corp. for $577 million. The facilities are controlled by Metal Container Corp., InBev’s U.S. metal packaging subsidiary, and are used to produce cans and lids for soft drink production. The facilities include two can plants located in Fort Atkinson and Columbus, as well as a can plant located in Rome, Ga., and a lid plant located in Gainesville, Fla. As part of the agreement, Ball Corp. will continue to supply InBev with cans and lids from the divested plants. The transaction is expected to close by the end of the year or in the first quarter of 2010. Deutsche Bank AG and Lazard Frères & Co. are serving as financial advisors Sullivan & Cromwell is serving as legal counsel on behalf of InBev.
COPPELL AND CARROLLTON, TEXAS — Duke Realty Corp. has completed three leases totaling 506,035 square feet at three of its Dallas-area industrial properties. In the first transaction, imported furniture and accessories wholesaler Southern Enterprises has leased 154,744 square feet at Freeport IX, located at 600 Freeport Pkwy. in Coppell. This brings occupancy at the building to 50 percent. Mark Miller of NAI Robert Lynn represented Southern Enterprises in lease negotiations. Also in Coppell, Round 2, a computer and computer parts recycler, signed a lease for 115,989 square feet at Freeport III, a 297,903-square-foot building located at 445 S. Royal Lane. Seth Weinstein of Newmark Knight Frank represented Round 2 in lease negotiations. Finally, technology distributor Ingram Micro renewed its lease for 235,302 square feet at Frankford Interchange, a 380,002-square-foot building located at 1809 W. Frankford Rd. within Carrollton’s Trinity Mills industrial park. The property remains fully occupied. Tom Lynn of NAI Robert Lynn, along with Brian Netsky and Mike Morgan of Interstate Tenant Advisors, represented the tenant in lease negotiations. In all three transactions, Duke was represented in-house by Randy Wood of the firm’s Dallas office.
NEWPORT NEWS, VA. — Andon has purchased the 20,000-square-foot Hearth & Home warehouse from James River Associates for $1.5 million. The buyer will occupy a portion of the property, which is located at 11848 and 11850 Canon Blvd. in Newport News. Dawn Griggs and Kenneth Penrose of Thalhimer’s Newport News office brokered the sale.
FRASER, MICH. — Troy, Mich.-based L. Mason Capitani has brokered the sale of three industrial buildings totaling 62,364 square feet. The properties are located at 17300, 17350 and 17400 Malyn Blvd. in Fraser. The buyer, NOVA Industries, plans to expand its plastic injection molding operations into all three buildings. Jason Capitani and Joe DePonio of L. Mason Capitani represented both parties in the transaction. The seller’s name was not released. L. Mason Capitani is an affiliate of CORFAC International.
LEMONT AND WEST CHICAGO, ILL. — Lee & Associates of Illinois has arranged two Chicago-area industrial leases totaling 124,194 square feet. In Lemont, Sweet Holdings LLC leased 67,928 square feet of space at 19W661 101st St. Jim Planey and Jeff Janda of Lee & Associates represented the tenant. The landlord, First Industrial Realty Trust, was represented by Jim Estus of Colliers Bennett & Kahnweiler. In addition, Norix leased 56,266 square feet of warehouse space at 1800 Hawthorne in West Chicago. Planey and Janda represented the landlord, LaGrou Distribution, in the lease negotiations. Michael Marconi of Epic Realty Partners represented the tenant. Terms of both leases were not disclosed.
PLANO, TEXAS — UGL Equis has arranged a 30,985-square-foot lease at 801 Klein Rd. in Plano. The tenant, Underwriters Laboratories, is relocating its HVAC product testing facility to the new space from its previous location at 2805 Plano Pkwy., also in Plano. The warehouse and office facility will be fully operational within a year. Stuart Smith of UGL Equis’ Dallas office represented the tenant. The landlord, Weingarten Realty Investors, was represented in-house by Matt Smith.