CARROLLTON AND LEWISVILLE, TEXAS — The Dallas/Fort Worth office of Lee & Associates has brokered two industrial transactions. In the first deal, Commander Properties disposed of a 17,088-square-foot property located at 3218 Commander Dr. in Carrollton. Adam Strittmatter and Nathan Denton of Lee & Associates represented the seller. The buyer, William L. Bryan & Associates, was represented by Matt Thompson of Colliers International. In the second deal, Broadtech Inc. signed a lease for 62,847 square feet of industrial space at 1401 Lakeway Drive, located in Lewisville. Ken Wesson and Greg Nelson of Lee & Associates represented the landlord, Cabot Properties. The tenant was represented by Grant Laughlin of Laughlin Commercial.
PLACENTIA, CALIF. — M&M Acquisitions has acquired a 26,285-square-foot industrial building for $3.9 million. The property is located at 1700 Barcelona in Placentia. Paul Gingrich of DAUM Commercial Real Estate Services represented the buyer; Chris Migliori, also of DAUM, represented the seller, Weise Living Trust, in the transaction.
LEOMINSTER, MASS. — The Stubbledine Company/CORFAC International has completed the sale of a 152,000-square-foot industrial building, located at 163 Pioneer Dr. in Leominster. The building is a single-story, rail-served manufacturing facility that is situated on 13.3 acres. It is fully leased to three tenants. The Stubbledine Company represented the buyer, Framingham, Mass.-based AIS Development, as well as the seller, AP Realty. The acquisition price was not disclosed.
BRIDGEWATER, N.J. — United Parcel Services (UPS) has renewed its lease for 26,000 square feet at Bridgewater Business Park, located in Bridgewater. The park comprises 19 flex buildings totaling approximately 423,000 square feet and is owned by New Jersey-based Denholtz Associates. Terms of the lease were not disclosed.
RICHMOND, TEXAS — Delaware-based PGS Onshore, Inc., has sold an 18,000-square-foot manufacturing facility in Richmond to a private investor. The property is located at 15637 Ennis Rd. John Simons, Michael Palmer and Steve Hesse of CB Richard Ellis (CBRE) represented the seller.
TRACY, CALIF. — US Industrial REIT III, an affiliate of USAA Real Estate Company, has purchased a 657,600-square-foot Class A bulk distribution facility in Tracy. Home Depot USA Inc. currently occupies the facility on a 15-year lease. The facility, a rapid deployment center, features a tri-load design and more than 400 secured and lighted trailer positions. Additional details regarding the transaction were not disclosed.
CHATSWORTH, CALIF. — Chase Nordhoff LLC has completed the disposition of an 18,151-square-foot industrial building in Chatsworth. Located at 21717 Nordhoff St., the property sold to an undisclosed buyer for $2.92 million. Michael LaRocque of DAUM Commercial Real Estate Services represented the seller; Bruce Simpson of Delphi Business Properties represented the buyer in the transaction.
LITHIA SPRINGS, GA. — Sheet music distributor J.W. Pepper has moved into a 75,680-square-foot warehouse in Lithia Springs built by Atlanta-based IDI. The Class A industrial property is located in the WestPoint at Riverside business park. J.W. Pepper bought the build-to-suit warehouse from IDI in April. The company will use the space as its East Coast distribution center.
MIRAMAR, FLA. — Taylor, Mich.-based Hazen Transport has leased 30,720 square feet of warehouse space from Miramar-based Sunbeam Properties. Located at 3350 Executive Way in Miramar, the building is part of the Miramar Park of Commerce. Steven J. Medwin, Harry E. Wardell and Nick Wigoda of Lincoln Property Co.’s Miami office represented the tenant. Maridee Bell and David Bateman served as in-house representation for Sunbeam.
LA PORTE, TEXAS — Moody Rambin Investment Services has completed the sale of the Total Safety industrial building, a 40,000-square-foot property located at 11111 Highway 225 in La Porte. Chris Dray and Derek Hargrove of Moody Rambin represented the seller, MRTS 225 Ltd. The buyer was CTS Venture Fund 09 Ltd., which was represented by Amy Silvey of Clay & Co. The acquisition price was not disclosed.