PLANO, TEXAS — EaglePicher Medical Power LLC has leased 20,000 square feet of research and development space at Jupiter Service Center in East Plano. The company plans to employ 30 people, including 25 new hires for R&D and administrative positions. Located at 10009 Jupiter Rd., the property is slated to open in March. The center will include laboratories and equipment for testing and manufacturing lithium batteries. Kathy Permenter and Russ Johnson of Grubb & Ellis Co. represented the landlord, Dallas-based Kodiak Capital, in the transaction.
MOUNT HOLLY SPRINGS, PA. — Wolfe & Shearer Realtors (W&S) has completed the sale of an approximately 24,000-square-foot industrial property located at 100 Watts St. in Mount Holly Springs. The buyer, Skovira Fabrication & Machine Shop, plans to use the facility to expand its current operations. Bill Shearer and Gary Sausser of W&S represented both parties in the transaction. The seller was undisclosed.
FONTANA, CALIF. — ProLogis has leased 484,000 square feet of space at Kaiser Commerce Center in Fontana to an undisclosed third-party logistics provider. The 5.9 million-square-foot Kaiser Commerce Center is now fully occupied. A 265,000-square-foot portion of the lease will be located in a recently completed distribution building at the center. ProLogis completed a building extension in August 2008; the facility was originally constructed in 2002. Jim Koenig and Dave Consani from CB Richard Ellis represented ProLogis; Tim O’Rourke and Mike Fowler of Jones Lang LaSalle represented the tenant in the transaction.
IRVINE, CALIF. — IHOI Inc., an instant noodle and soup-base food manufacturer, has signed a 3-year lease for a 155,805-square-foot industrial building, which is located at 14524 Myford Rd. in Irvine. The tenant plans to use the facility to produce instant noodles and soup bases, and distribute the products to its local clients. Stephen Schloemer and James Min of Colliers International represented the lessee and the lessor, L&C USA, an affiliate of South Korea-based Hanwha, in the transaction.
MASCOUTAH AND BELLEVILLE, ILL. — BARBERMurphy Group has brokered the sale of a 100,000-square-foot industrial building located at 8265 State Route 4 in Mascoutah. Sunny Dale Land Trust has purchased the facility from TDW Investment Group for an undisclosed amount. BARBERMurphy Group represented both parties in the transaction. Additionally, TDW Investment Group has sold a 36-unit multifamily community located at 11-17 Kensington Heights Rd. in Belleville. The 25,200-square-foot property was acquired by Vollmer Realty Inc. for an undisclosed amount. BARBERMurphy Group represented TDW Investment Group in the disposition.
SHELBY TOWNSHIP, MICH. — Models & Tools Inc. has signed a long-term lease for 114,995 square feet of industrial space located at 51400 Bellestri Ct. in Shelby Township. Jack Coury and Giancarlo Pinterpe in the Industrial Group of Grubb & Ellis represented the landlord, C & Son LLC, in negotiations. The fully air-conditioned facility includes clear ceiling heights of up to 36 feet and eight cranes. The space was previously used as an aerospace manufacturing facility. Terms of the lease were not disclosed.
EDISON, N.J. — Atlantic Beverage Co. has acquired a 138,000-square-foot industrial condominium located at 3775 Park Ave. in Edison, for $7 million. The company has previously been a tenant at the 507,400-square-foot building for the past 10 years. James Frank of Cushman & Wakefield represented Atlantic Beverage Co. The seller, Tulfra Realty Co., utilized in-house representation. In 2008, a joint venture between Tulfra and Hampshire Properties acquired the industrial facility and is now in the process of repositioning it into industrial condos.
DALLAS — Dallas-based The Allen Group has leased 313,040 square feet within Dallas Logistics Hub, the company’s 6,000-acre, multimodal logistics park located in Dallas, to Advanced H2O. The bottled water and beverage producer will occupy approximately half of DLH Building 1, which is located at 4800 Langdon Rd. The recently completed facility totals 635,040 square feet; it features cross docking, 32-foot clear ceiling heights and 126 loading docks. The building is also in the process of receiving LEED certification. Advanced H2O will use the facility for production and distribution; it will occupy the space for a 15-year term.
COMMERCE, CALIF. — N.J.-based Bergen Shippers, a national logistic service provider to the apparel industry, has signed a 5-year lease for approximately 90,000 square feet of space in Commerce. The property is located at 6000 Rickenbacker Rd. The transaction is an expansion with landlord RREEF from an original 2-year lease of 30,000 square feet of space. Brett Dedeaux and Mark Repstad of Binswanger/Realty Advisory Group represented Bergen in the transaction.
ATLANTA — Dallas-based Lincoln Property Co. has secured two lease renewals totaling more than 115,000 square feet in the company’s 288,000-square-foot Airport-West Distribution Center. The two-building property is located on Buffington Road in Atlanta. PSI Group leased 66,524 square feet, and Chick-fil-A signed a 51,724-square-foot lease. With the two lease renewals, the property is now 93 percent occupied. Chip Craighill of Cushman & Wakefield’s Atlanta office represented PSI.