HANAHAN, S.C. — Jones Apparel Group USA has subleased 150,148 square feet to Eagan, McAllister Associates, a subsidiary of Science Applications International Corp. The warehouse, located at 7410 Magi Dr. in Hanahan, is also leased to Stanley, which occupies 150,000 square feet. Eagan, McAllister Associates will use the building for outfitting mine-resistant vehicles. David Barber of Binswanger’s Atlanta office represented Jones Apparel, and Colliers Keenan represented Eagan.
Industrial
OTSEGO, MINN. — Duke Realty Corp.’s Gateway Business Center North I, a 153,600-square-foot spec industrial building located within its Gateway Business Center North in Otsego, is 100 percent leased. Two divisions of Otter Tail Corp. have leased the building, which is situated at 6035 Queens Ave. T.O. Plastics Inc. has leased 57,600 square feet of industrial space, while BTD Manufacturing has taken 96,000 square feet of space at the facility. The building, which features 24-foot clear-height ceilings, is the first within Duke’s 160-acre planned development, which can accommodate up to 1.4 million square feet of industrial space. Dan Swartz of CB Richard Ellis in Bloomington, Minn., represented Duke; Peter Mork and Tim Olsen of Welsh Cos. represented T.O. Plastics and BTD Manufacturing in the transaction. Terms of the leases were not disclosed.
FULTON, MO. — St. Louis-based Paric Corp. has been selected as construction manager for Callaway Electric Cooperative’s new office, warehouse and maintenance complex, which will be located within a 120-acre office park in Fulton. The building, which is situated within Callaway County, has been designed to achieve LEED Certification. Construction will begin this month on the 31,000-square-foot office building, a tilt-up warehouse and a maintenance building. Completion of the 81,000-square-foot complex is expected for July 2009. Paric will provide turnkey services, with the specialized Paric Interiors group completing the interior finishes for the office building. St. Louis-based M+H Architects is providing architectural services for the project. The estimated cost of completion was not disclosed.
COMPTON, CALIF. — Principals of FallTech, doing business as 1306 S. Alameda Street LLC, have acquired a 51,675-square-foot warehouse/distribution facility in Compton for $6.89 million. The facility, which is located at 1306 S. Alameda St., features 10 dock-high loading positions, two ground-level doors, a 146-foot truck court, 24-foot minimum warehouse clear height and 69 on-site parking spaces. FallTech plans to relocate to the facility in December following building improvements, which includes the addition of 4,300 square feet of office space. Matt Stringfellow and Courtney Bell of The Klabin Company’s Torrance, Calif., office represented the buyers; James Min and Lary Carlton of Colliers Internationals’ Torrance office represented the seller, Bixby Village Golf LLC, in the transaction.
SIMPSONVILLE, S.C. — Trinity Commerce Center has leased 120,000 square feet in its newly completed industrial facility, located on Old Stage Road in Simpsonville, to Innegrity for an undisclosed amount. John Scott, Brian Young and Trey Pennington of Grubb & Ellis|The Fuman Co.’s industrial group represented the landlord.
ST. LOUIS — Bianco Properties has acquired the 320,000-square-foot Trade Center III Distribution Center located within Earth City in St. Louis. The industrial property was acquired for $14.2 million. Paul Hilton and Mike Hanrahan of Colliers Turley Martin Tucker represented the undisclosed seller in the transaction. In addition to Trade Center III Distribution Center, Bianco Properties owns Riverline Campus, a 281,000-square-foot multi-tenant industrial property also located in St. Louis.
WASHINGTON COURT HOUSE, OHIO — BarMar Transport has singed a multi-year lease for the 161,000-square-foot former Mac Tool facility, which is located at 1429 S. Fayette in Washington Court House. The owners of BarMar, Mark and Barbara Beam, are planning to operate two businesses in a portion of the industrial facility. BarMar will expand its current pallet operations at the new facility, as well as begin serving regional companies with third-party logistical services. The remaining space will be available for additional tenants. Stuart Lichter owns the building through Industrial Real Estate Group LLC, a nationwide real estate developer. Tim Echemann of Sidney, Ohio-based Industrial Property Brokers represented both parties in the transaction. Additional terms of the lease were not disclosed.
LITHIA SPRINGS, GA. — First Industrial Realty Trust has sold the 585,000-square-foot Building 200 distribution center at First Park Terminus West, located in Lithia Springs, to Chicago-based CenterPoint Properties Trust for more than $20 million. Marty Arnold, Dennis Mitchell, Colin Cavill and Bob Cottle of Colliers Spectrum Cauble represented the seller. The property is occupied by Exel Logistics.
BENSENVILLE, ILL. — Lee & Associates of Illinois recently handled two industrial transactions in Bensenville. On behalf of a private investor, Lee’s Chris Nelson brokered the acquisition of a 143,400-square-foot facility located at 700 Golf Lane. Chris Porter of Cushman & Wakefield represented the seller, Leviton Manufacturing Company. Additionally, Nick Eboli of Lee & Associates represented an investor in the purchase of a 14,650-square-foot industrial building located at 201-251 Eastern Ave. Robert White of McLennan Commercial brokered the transaction on behalf of the undisclosed seller.
HOUSTON — The Houston office of CB Richard Ellis (CBRE) has brokered the sale of a 188,804-square-foot industrial facility located at 6247 Navigation in Houston. Situated on 10.82 acres, the property was formerly housed Collingswood, N.J.-based John Maneely Company’s (JMC) Seminole Wheatland Tube Facility. Michael Palmer, John Simons and Susana Rosas of CBRE represented JMC in the transaction. The property was acquired by Miami-based Elite Sales, which will be relocating to the building from its current, 40,000-square-foot location at 2003 Edwards St. in Houston. The acquisition price was not disclosed.