ALLENTOWN, PA. — Insulation manufacturer fiberAmerica has held the ribbon cutting ceremony to mark the opening of its new 61,000-square-foot manufacturing facility in Allentown. The building is located at 7072 Snowdrift Rd., and it will be used to produce the company's environmentally friendly, cellulose fiber insulation products.
CLEVELAND — Andy Burgess of Infinite Capital has assisted Cleveland-based Musca Properties in the $17.12 million acquisition of investment-grade properties in Ohio. The properties include a Home Depot in Macedonia, a Walgreens in Lyndhurst and a Walgreens in Beavercreek. The seller was not disclosed.
WILMINGTON, MASS. — The RAM Companies has purchased a 100,000-square-foot industrial property located in Wilmington. The Class A facility is situated at 234 Ballardvale St. Tenants include Aramark Corp., Arnold Sales/Bimbo Bakeries and Advanced Imaging. Newmark Knight Frank's Boston office has been retained by RAM to lease the remaining 25,000 square feet of space. The seller and the acquisition price were not released.
LEBANON, TENN. — Nashville, Tenn.-based T.W. Frierson will start construction this month on a 120,000-square-foot operations facility for Permobil, a wheelchair manufacturer based in Timra, Sweden. The property, located in Park 840 in Lebanon, will include 80,000 square feet of manufacturing space and 40,000 square feet of office space. Permobil will move into the property from its existing Lebanon facility, which is half the size of the new development. The company expects to double its workforce in the next 3 to 5 years. Lebanon-based Manous Design is building the facility to green specifications, which include a solar panel array and the use of bamboo and other recyclable materials. Completion is expected next summer.
BROOKFIELD, WIS. — Friction Stir Link has leased 31,413 square feet of industrial space at 19975 W. Sommer Dr. in Brookfield. Terms of the lease were not disclosed. Paul McBride of RFP Commercial represented the tenant; Steve Stewart and Tom Shepherd of Inland Cos. represented the landlord, Real Estate Recycling, in the transaction.
SAN DIEGO — Grubb & Ellis|BRE Commercial has handled Pacific Maritime Industries Corp.’s $4.7 million acquisition of a 57,600-square-foot industrial building, located at 1790 Dornoch Ct. in the Otay Mesa submarket of San Diego. Grubb & Ellis’ Erik Parker and Darren Mullins represented the buyer in the sale, and Marc Lipschitz of Voit Commercial represented the seller, Otay Ridge LLC.
GREENVILLE, S.C. — The partnership 400 Augusta Street Investors has purchased the former Claussen’s Bakery Building, a more than 40,000-square-foot industrial property, from a private seller for an undisclosed amount. Located at 400 Augusta St. in Greenville, the warehouse was built in the 1930s and has been vacant since late last year. Harper Corp. will help with cleanup efforts and future renovations of the property.
LOVES PARK, ILL. — Ipswich, Mass.-based United Pipe & Steel Corp. has signed a deal to lease 111,850 square feet of industrial space at 1200 Windsor Road in Loves Park. The 557,000-square-foot distribution facility is located approximately 5 miles west of Interstate 90-39. The lease is valued at approximately $1.5 million. Jim Jay of Commercial Property Team represented the tenant and the landlord, Hendricks Commercial Partners.
GREEN OAKS, ILL. — Chesapeake, Va.-based Alutiiq has 96,461 square feet of industrial space within the International Airport Center’s 461,939-square-foot distribution facility in Green Oaks. The tenant plans to use the property, which is located at 13820 Business Center Dr., for logistics and storage services to provide furniture and equipment to the Veterans Health Administration Medical Center at the Great Lakes Naval Station in North Chicago, Ill. Alutiiq is a wholly owned subsidiary of Afognak Native Corp. Douglas Reed of HSA Commercial Real Estate represented both parties in the transaction. The landlord was not disclosed.
OKLAHOMA CITY — Walton Construction Co. has been selected to build a new defense and logistics warehouse and distribution center at Tinker Air Force Base in Oklahoma City. The $20.4 million project will comprise a 165,000-square-foot warehouse incorporating a mechanized material handling system. The U.S. Army Corps of Engineers will be seeking LEED-Silver certification for the project, with sustainable features that include the use of local construction materials, high-efficiency energy systems and a reflective roof. Completion is slated for spring 2011. The project architect is Orlando, Fla.-based MRI Architectural Group.