ORLANDO, FLA. — Pelliconi Group of Italy has leased 86,413 square feet from Duke Realty Corp. in Parksouth Distribution Center, eight-building, 990,091-square-foot business park. The property is located near the Florida Turnpike in Orlando. Pelliconi will move into the space in mid-April and has predicted that they will staff 24 jobs during the next 3 years. NAI Realvest Partners' Rob Blackwell represented the tenant. Tim Perry served as in-house representation for Duke Realty.
HARTLAND, WIS. — HM Investment Partners LLC has acquired a 44,860-square-foot industrial property in Hartland. The property, which is located at 581 S. Industrial Dr., sold for an undisclosed price. Stephen Provancher of NAI MLG Commercial represented the seller, DRE Investments LLC, in the transaction.
GARLAND, TEXAS — Goodman Distribution has signed a 29,955-square-foot lease with Northwestern Mutual Life Insurance Co. for industrial space in the Gateway East Business Center. The property, the 294,940-square-foot Building II, is located at 4009 Distribution Drive in Garland. The tenant will move into the new space in early May. Stream Realty Partners' Damian Rivera, Seth Koschak and Blake Kendrick represented the tenant. Chris Stout and Susan Singer of Bradford Commercial Real Estate Services represented the landlord.
KANSAS CITY, KAN. — Savant Corp. has acquired a 29,000-square-foot industrial property in Kansas City. Arnold-Newbanks sold the property, which is located at 2820-A Roe Lane, for an undisclosed price. Pat Murfey of Grindstone Industrial Properties negotiated the transaction.
RACINE, WIS. — Leonard Investments LLC has purchased an industrial property, which is located at 2301 S. Memorial Drive in Racine. R&D Terminals sold the 13,000-square-foot property for an undisclosed price. Brian Parrish of The Dickman Company/CORFAC International brokered the transaction.
LYNNWOOD, WASH. — GVA Kidder Mathews has negotiated the $4.62 million acquisition of a 54,000-square-foot industrial building located at 5804 204th Street SW in Lynnwood. GVAKM’s Matt Henn, Matt Hagen, Al Robertson and Thad Mallory represented the buyer, Conax Properties USA, in the transaction, and Colliers International’s Derek Heed represented the seller, Lynwood 5804 LLC.
HARRISBURG, PA. — AMB Property Corp. has leased 202,200 square feet of industrial space to an undisclosed tenant. The space is located at AMB I-85 Distribution Center in Harrisburg. Terms of the transaction were not released.
ANAHEIM, CALIF. — Sares Regis Group has commenced development of Canyon Point, a three-building industrial project located at the intersection of Miller St. and Miraloma Ave. in Anaheim. Totaling nearly 122,000 square feet, Canyon Point is Orange County’s only LEED-certified industrial project. CB Richard Ellis’ Ian Britton and Brad Bierbaum will market the buildings, which are scheduled for completion in September.
SAN LEANDRO, CALIF. — Colliers International has negotiated Lowenberg Corp.’s sale of an approximately 62,000-square-foot warehouse/distribution space located at 2081-2099 Burroughs Ave. in San Leandro. Colliers’ Greig Lagomarsino, Mark Maguire and Kevin Hatcher represented the San Francisco-based seller in the transaction, and Eddie Shuai of Cassidy Turley BT Commercial represented the buyer, E Poly Star Inc.
LOUISBURG, N.C. — PZ Associates has purchased a 165,000-square-foot warehouse for its new North American headquarters from The HON Company for an undisclosed price. Located at 7966 US Highway 56 in Louisburg, the property spans 49 acres. Bryan Everett of Grubb & Ellis|Thomas Linderman Graham brokered the sale.
