FONTANA, CALIF. — Recall Information Systems has leased 169,732-square-foot industrial building, which is located at 7875 Hemlock Ave. in Fontana, for $5.65 million. The lease was valued at $5.65 million. Greg Lance of Equis represented the tenant; Mark Zorn and Tal Siglar of DAUM Commercial Real Estate Services represented the landlord, Newport Beach, Calif.-based Alere Property Group, in the transaction.
BESSEMER, ALA. — Target Container Co. has signed a lease renewal with an undisclosed landlord for 80,500 square feet of warehouse space in the Perimeter Industrial Park. The property, which is located at 4978 Perimeter Way in Bessemer, has housed Target for 15 years. Sonny Culp of Birmingham, Ala.-based Graham & Co. represented the tenant in the lease. Birmingham-based EGS Commercial Real Estate’s Brad Moffat represented the landlord.
FOND DU LAC AND FRANKLIN, WIS. — On behalf of Welsh Real Estate Fund IV WelshInvest, an affiliate of Twin Cities, Minn.-based Welsh Cos., has completed two acquisitions totaling $12.3 million in Wisconsin. The company has purchased Fond du Lac III, a 234,000-square-foot office/warehouse property in Fond du Lac, for $5.1 million. Additionally, the company acquired Franklin Park Industrial Center II, a 155,320-square-foot industrial property located in Franklin, for $7.2 million.
HOUSTON — Houston-based Arch-Con Construction has broken ground for a new 96,360-square-foot warehouse located in Houston. Situated on West Sam Houston Parkway North, the concrete tiltwall building is being developed for G.E.T. It will consist of 84,460 square feet of warehouse space and 11,900 square feet of office space. Completion is scheduled for the first quarter of 2010.
FULLERTON, CALIF. — BJW Properties has acquired 1451 S. Manhattan, a 22,400-square-foot industrial building in Fullerton, for $3.8 million. Dan Powers of CB Richard Ellis represented the buyer; Jim McFadden and Bob Crenshaw of Grubb & Ellis represented the seller, CP Trust, in the transaction.
DORAL, FLA. — Nippon Express USA has signed a 171,000-square-foot lease renewal with an entity controlled by Seagis Property Group for space in a Doral warehouse. The property, which is Nippon’s Latin American distribution center, is located at 2900 N.W. 112th Ave. Steven J. Medwin, Harry Wardell and Nick Wigoda of Lincoln Property Co.’s Miami office represented the tenant. The landlord represented itself in the lease.
ROCKVILLE, MD. — BAE Systems Technology Solutions & Services has signed a lease with an undisclosed landlord for a 139,120-square-foot building. The property is located in the 350,000-square-foot Redland Corporate Center at 520 Gaither Rd. in Rockville. Silver LEED certification is being pursued for the property, and the building meets GSA setback and security requirements. Cresa Partners’ Gene Sachs, Paul Ehrenreich, Lauren Hodgin and Andrew Corner represented BAE. Larry Thau, Jim Cahill and Dave Macklin of CB Richard Ellis represented the landlord.
CHICAGO — Meridian Design Build has completed construction for a 37,942-square-foot, built-to-suit distribution facility for Gypsum Supply Co. in Chicago. The building is situated within Stockyards Industrial Park. It comprises approximately 33,000 square feet of warehouse and distribution space, approximately 3,000 square feet of office and showroom space, onsite detention facilities and a significant amount of fenced outdoor space. Sustainable features of the project include a reflective roof and bio-swales. During the construction process, approximately 2,500 tons of concrete and masonry were reused onsite and more than 92 percent of construction waste was recycled or diverted from landfills. The project architect was Cornerstone Architects.
HOUSTON — CB Richard Ellis (CBRE) has arranged two industrial leases and one office lease in Houston. First, CBRE’s Glynn Mireles represented the landlord, Rental Inc., in the leasing of 15,000 square feet of warehouse space, located at 1060 Goodnight Trail, to Protect Controls Inc. Mireles also represented Envirotech Services in the leasing of 14,000 square feet of warehouse space, located at 421 Rankin Circle N, from landlord Rankin North Business Park. TNRG represented the landlord. Finally, Executive Business Services renewed its lease for 13,181 square feet of office space at 7500 San Felipe St. Kristen Rabel, Steve Rocher and Louann Pereira of CBRE represented the landlord, SanVoss Properties. Jason Whittington of NAI Houston represented the tenant.
ANDERSON COUNTY, TENN. — Carter Logistics has purchased the 48,000-square-foot Flowers Bakery property from an undisclosed party for $2.1 million. The warehouse is located on 19 acres in Anderson County’s David Jones Industrial Park and will be used as a cross-dock facility to support Toyota Motor Engineering and Manufacturing North America. Bob Thornton of Baker Realty Co. represented the seller.