THOUSAND OAKS, ALAMEDA AND TORRANCE, CALIF. — First Industrial Realty Trust Inc. has acquired four buildings, totaling 444,000 square feet, through three transactions in the Los Angeles market. The company purchased a two-building, 184,000-square-foot portfolio, which is located just off the 101 Freeway in Thousand Oaks. The second acquisition was a 177,000-square-foot distribution center located at 220 W. Manville in the Alameda Corridor. The acquisition was for the company’s joint venture, FirstCal 1. In the third transaction, First Industrial acquired an 83,000-square-foot regional distribution center, which is located at 20700 Denker in Torrance. The following brokers assisted the transactions: Nick Gregg and Ken Ashen of CB Richard Ellis; John McKeown and Marc Bonando of Coldwell Banker Commercial; and Todd Taugner, Frank Schultz and David Prior of The Klabin Company.
GARNER, N.C. — On behalf of Golden State Foods, The Staubach Company has arranged the acquisition of a 130,000-square-foot facility located on Greenfield Parkway in Garner. Golden State Foods was represented by Christopher Skibinski and Kimberly Kendall of Staubach’s Charlotte, N.C., office; the building owner, Craig Davis Properties, was represented in-house by Will Greene and Jack Dunn.
BENSENVILLE, ILL. — AMB Property Corp. has leased two distribution facilities in Bensenville within the Chicago O’Hare submarket. Located at 1010 Foster Ave., the 307,000-square-foot AMB Foster distribution facility was leased to Judge and Dolph Ltd., one of Illinois’ largest beverage distributors. The lease was brokered by Arnie Piechocki of Wirtz Realty Corp. and Harold Stahnke of Suburban Real Estate Services. Mark Baumhart of Arthur J. Rodgers was the listing broker for the transaction. Additionally, AMB has leased approximately 117,000 square feet of space at the approximately 469,000-square-foot AMB Golf Distribution property in Bensenville to Wholesale Interiors. Steve Ballagh of Kensington Properties was the procuring broker; Thomas Rodeno, Matthew Stauber and Joe Reiff of Colliers Bennett & Kahnweiler were the listing brokers.
PEWAUKEE AND WALWORTH, WIS. — Colliers Barry has brokered the sale of two industrial facilities in Wisconsin. In Pewaukee, SBJ Resch Family Partnership has purchased a 26,000-square-foot industrial building located at 300 Sussex St. from Maxem I. The transaction was brokered by James Young of Colliers Barry. In Walworth, McMak Three has purchased a 66,000-sqaure-foot industrial building located at 840 Walworth St. within the Walworth Business Park. The property, which was sold by Park Bank, will be leased to U.S. Packaging. McMak Three was represented by David Buckley of Colliers Barry; Park Bank was represented by Vytau Barcas and John Henderson of NAI/MLG Commercial. The prices of acquisition for both properties were not disclosed.
SAN MARCOS, CALIF. — Padilla Construction has purchased a 13,000-square-foot industrial building, which is located at 1380 and 1390 Armorlite Dr. in San Marcos. Situated on a 1.9-acre site, the two-story property features 7,000 square feet of office space, three truck doors and a concrete parking area. Chris Migliori of DAUM Commercial represented the buyer; Chuck McNary and Erik McNary of Colliers International represented the seller, American Bobcat and Backhoe Services, in the transaction.
GURNEE, ILL. — CenterPoint Properties and Premier Design + Build Group are constructing a 255,400-square-foot, multi-tenant speculative facility within the CenterPoint Business Center in Gurnee. The facility, located adjacent to Interstate 94, has been designed to achieve status as a LEED-certified building. Situated on 12.9 acres, the building will feature a 30-foot clear height, 20 loading docks and four drive-in-doors. Construction, which began in November 2007, is slated for completion in July.
STRONGSVILLE, OHIO — Fogg-Imperial, an affiliate of Brooklyn Heights, Ohio-based Ray Fogg Corporate Properties, has entered into a lease to build a 108,000-square-foot distribution center in Strongsville for Brighton-Best International. The site, which is located on Imperial Parkway within the Strongsville Industrial Park, will be developed by Ray Fogg Building Methods. Features of the facility will include 32-foot clear-height ceilings, ESFR fire sprinkler systems and multiple truck docks. Construction will begin this month, with completion slated for the end of this year.
TWINSBURG, OHIO — Matt Beesley of Cleveland-based CRESCO Real Estate, a member of the Cushman & Wakefield Alliance, has represented Concorde Mill Inc. in the sale of a 257,000-square-foot distribution center in Twinsburg. First Industrial Realty Trust acquired the facility and 45 acres of land, which it intends to lease to tenants. First Industrial has retained Beesley to market the available land to industrial users. The price of acquisition was not disclosed.
RANCHO CUCAMONGA, CALIF. — Sixth Street LP has purchased an 83,456-square-foot industrial property, which is located at 10096 Sixth St. in Rancho Cucamonga. Sixth Street Industrial Park sold the property for $6.6 million. The buyer plans to renovate the property, which it will keep as a long-term investment. Mike and Loren Cargile of Voit Commercial Brokerage’s Irvine, Calif., office represented the buyer; Allmark Properties represented the seller in the transaction.
HENDERSON, NEV. — Voit Development Company has completed the final phase of Pacific Business Center, as a third-party fee development project, for Northwestern Mutual Investments/Life Insurance. Located on American Pacific Drive in Henderson, the 13-building project offers 898,389 square feet of commercial space. The final phase consists of two mid-bay buildings and one distribution building totaling 216,317 square feet. Park amenities include dock levelers, skylights, evaporative coolers and metal halide lighting. The property also features on-site management. Tim Regan of Voit Development served as project manager for the fee development at Pacific Business Center. Kevin Higgins, Steve Paravia and Garrett Toft of Voit Commercial Brokerage’s Las Vegas office are marketing the project, which is owned by Northwestern Mutual Investments/Life Insurance.