NORTH LAS VEGAS, NEV. — DP Partners has acquired 19.89 acres of improved land located within the North Las Vegas industrial corridor for the development of LogistiCourt at Lincoln, a $37 million industrial park. Located at the intersection of Cheyenne Avenue and Lincoln Road, the 408,750-square-foot project will feature a 75,000-square-foot rear-loaded facility, a 210,000-square-foot cross-docked facility and a 123,750-square-foot rear-loaded facility. Reno, Nev.-based Blakely Johnson & Ghusn Architects are providing architectural services. Reno-based United Construction Company is serving as general contractor. Suzette La Grange of Colliers International represented DP Partners in the acquisition; Donna Alderson of CB Richard Ellis represented the seller, Dallas-based Jackson-Shaw/Northeast Crossing Limited Partnership.
BLAINE, MINN. — Minneapolis-based Kraus-Anderson Construction Co. has completed the $11.5 million Anoka County-Blaine Airport Fixed Base Operation located at 8891 Airport Rd. in Blaine. The new Fixed Base Operation, which is owned and operated by Key Air, will cater to the business jet sector of general aviation. With close proximity to the Twin Cities, the facility will receive visitors for the Republican National Convention, which is being held in the Twin Cities this October. In order to complete the last step in the construction process, Kraus-Anderson worked with Viking Sprinkler, Nardini Fire Equipment and Weber Electric to complete emergency fire-suppression foam testing. The high-expansion foam emersion, flame detection and fire sprinkler system will protect the new Key Air private jet aircraft hangar. The first phase of the project includes 12,500 square feet of terminal space; 66,000 square feet of hangar space; and 10,000 square feet of office bays attached to the hangar. Upon completion of the multi-phase project, the northwest building area of the airport will include more than 250,000 square feet of hangar space.
GRAND RAPIDS, MICH. — The Wisinski Group has brokered two industrial transactions totaling more than 460,000 square feet in Grand Rapids. Padnos Iron and Metal has acquired a 454,000-square-foot industrial facility located at 500 44th St. SW in Grand Rapids. New West Michigan II Industrial Investors LLC sold the property for an undisclosed amount. Stu Kingma of The Wisinski Group represented both parties in the transaction. Additionally, Penny Land Co. LLC has purchased a 7,404-square-foot industrial building located at 1250 Randolph in Grand Rapids. Bell Equipment Co. sold the facility for an undisclosed amount. Larry Smith of The Wisinski Group represented the seller; Pete Termaat of Termaat McGregor represented the buyer in the transaction.
CHEEKTOWAGA, N.Y. — Boston-based STAG Capital Partners has acquired a 121,760-square-foot industrial property in Cheektowaga. Situated on 8.47 acres at 60 Industrial Pkwy., the facility is occupied by two tenants, The Mentholatum Company and UPS Supply Chain Solutions. The seller was 60 IP LLC, which disposed of the property for an undisclosed amount.
ALISO VIEJO, CALIF. — Astronic Inc., an electronic manufacturing service producer, has purchased a 73,742-square-foot industrial building in Aliso Viejo. Japan-based Tamiya America Inc. sold the property, which is located at 2 Orion, for $13.2 million. Astronic plans to use the building as its corporate headquarters. Jeff Mitchell of Voit Commercial represented the buyer; Gary Allen of Grubb & Ellis’ Newport Beach, Calif., office and Yasushi Shiromi of the firm’s L.A. South Bay office represented the seller in the transaction.
KENNESAW, GA. — Chicago-based First Industrial Realty Trust has leased 182,000 square feet of warehouse space in a 587,00-square-foot facility to Atlanta Bonded Warehouse Corporation. Located at 7060 Battle Dr. in Kennesaw, the property features 62 dock doors with hydraulic levers, 30-foot clear ceilings and full air conditioning. David Nixon and Chad Burd of CB Richard Ellis’s Atlanta office and Jack Haden of Atlanta-based NAI Brannen Goddard assisted with the transaction. Terms of the lease were not announced.
INDIAN TRAIL, N.C. — Trinity Capital Advisors has sold the 45,320-square-foot PODS Building, located at 7171 Stinson Hartis Rd. in the Old Hickory Business Park in Indian Trail, to Durham, N.C.-based LFC CFP I for $3.2 million. Portable Storage Systems occupies 100 percent of the property. Pickett-Sprouse Real Estate’s Vernon Averett represented the buyer, and the seller was represented by Trinity Partners.
MCCOOK, ILL. — Premier Design + Build recently completed construction of the 41,239-square-foot building expansion of the FedEx Ground Package System facility, which is located in McCook. Scannell Properties, as the owner of the facility, selected Premier Design + Build for the project. The addition features 12 dock doors, two drive-in-doors, heavy-duty interior trench drains and a 1,800-square-foot remote office product to service the extension of FedEx’s fully automated package conveying system. Also, site improvements made to the property include expansion of the employee parking area as well as construction of more than 5 acres of trailer parking and staging area. The site improvements were completed in February. Precept Design LLC acted as architect for the project.
WESTBORO, MASS. — Integrated Builders has completed construction of a 4,300-square-foot clean room for GE Healthcare Bioscience at 14 Walkup Dr. in Westboro. The Class 10,000 clean room was built within the existing space GE occupies at the property. Providence, R.I.-based Vision III Architects provided design services.
VERNON, CALIF. — First Industrial Realty Trust has acquired a 205,000-square-foot industrial facility located at 6250 Boyle in Vernon. Situated within the Central Los Angeles submarket, the property features access to interstates as well as two railroad intermodal yards. First Industrial acquired the building through its Development and Repositioning Joint Venture (FirstCal 1) with the California State Teachers’ Retirement System. First Industrial plans to reposition the unoccupied portion of the building to accommodate a single-tenant or multiple users. The acquisition price was not disclosed.