CHICAGO AND PORTAGE, IND. — Wind City Warehouse & Distribution has signed a lease for 96,600 square feet of industrial space within the 12-building Calumet Business Center, which is located along Interstate 94 in Chicago. New York-based Ashley Capital has leased the rail-served space. The tenant’s new space is part of a 209,000-square-foot building served by the Norfolk Southern Railroad. The company expects to take occupancy at the facility by the end of February. Chris Gary, George Cibula and Ryan Hanley of Darwin represented Ashley Capital; Jeff Gilbert of Wagener Equities represented Windy City Warehouse & Distribution in the transaction. Terms of the lease were not disclosed. Additionally, Gary, Cibula and Hanley of Darwin have brokered the sale of a 175,100-square-foot crane building located at 1000 Boundary Rd. in Portage. Leeco Steel has purchased the industrial property from Arcelor Mittal for an undisclosed amount. The buyer is relocating to the facility from Chicago. The building, which is situated within the Port of Burns Harbor, includes multiple cranes and interior rail service. Kirk Grant of Colliers Ostendorf-Morris and Howard Cyrus of Cyrus Realtors represented the seller in the transaction.
NASHUA, N.H. — The Stubbledine Company/CORFAC International has brokered the sale of a 183,865-square-foot industrial facility, located at 8 Cotton Rd. in Nashua, for $5.5 million. Situated on 17.2 acres, the building contains warehouse and office space. It features 18-foot clear ceiling heights, 508 parking spaces and eight loading docks. The seller was Hewlett Packard, which has owned and operated the site since 2002. The property was acquired by Hudson-RPM, which plans to use the site to expand its national wholesale magazine distribution business. Cushman & Wakefield provided representation for Hewlett-Packard in the transaction; Hudson-RPM was represented by The Stubbledine Company.
CRANBURY, N.J. — The New Jersey office of CB Richard Ellis (CBRE) has negotiated a lease for 236,944 square feet of industrial space at 324 Half Acre Rd. in Cranbury. The space will be occupied by Howard Berger Co., which is consolidating its distribution operations from two facilities in Monroe, N.J., to the new space. CBRE’s Scott Belfer, Stacey Weinberg, Mindy Lissner, Lou Belfer and Brittany Smith brokered the transaction. The distribution building Howard Berger Co. will be occupying totals 453,000 square feet. It is cross-docked and features 36-foot clear ceiling heights, 73 truck dock doors and one drive-up ramp.
ORLANDO, FLA. — IKON Office Solutions has signed a 2-year lease renewal with Orlando Warehouse Portfolio for 171,876 square feet in the Beeline Distribution Center. The space is located at 2507 Investors Row in Orlando. Kevin Hoover of CB Richard Ellis’s Orlando office represented the tenant, and the firm’s Erik W. Schwetje represented the landlord.
SCOTTSVILLE, KY. — A.O. Smith Corp. has sold a 229,000-square-foot manufacturing facility to American Materials for $1.85 million. The buyer intends to lease the property, which spans 43 acres at 636 Holt Dr. in Scottsville. Bart Hardison of Philadelphia-based New Hart Corp. brokered the transaction.
HAMPSHIRE, ILL. — Stanley Machining and Tool Corp. has purchased a 152,429-square-foot manufacturing facility located at 200 Brandt Dr. in Hampshire. The building was sold by Northbrook, Ill.-based Hilco Real Estate for $5.1 million. Situated on 12.7 acres, the facility includes 12 truck docks and 120 parking spaces. Stanley Machining and Tool Corp. will maintain its 110,000-square-foot headquarters in Carpentersville, Ill., and will use its new property for manufacturing high precision components. John Cash and David Haigh of NAI Hiffman’s Industrial Services Group represented the seller; Romeo Mura of Stonegate Commercial represented the buyer in the transaction.
POMPANO BEACH, FLA. — Tilt-Con Corp. of Orlando, Fla., has completed Jacksonville, Fla.-based The Stellar Group’s 55,177-square-foot Ring Power-Pompano flex space facility. The two-story building is located at 2631 S.W. 18th Terrace in Pompano Beach. The Stellar Group designed the property, and Tilt-Con provided construction services including tilt-up concrete wall panels, elevated decks and slab-on grade.
OMAHA, NEB. — On behalf of Ford Mercantile Warehouse Co., Darland Construction Co. has completed a 120,000-square-foot corporate warehouse within the Hilltop Industrial Park, which is located south of the Omaha metro area. Situated on a 12-acre site, the facility’s primary use is warehousing. The property includes outside storage for up to 70 semi trailers; a 16,000-square-foot, two-story office component that will house Ford’s corporate offices; and an 8,000-square-foot truck repair shop for Ford’s delivery trucks. Amenities at the property include 28-foot clear ceiling heights, an ESFR sprinkler system and an energy-efficient lighting system designed with motion sensors that provide light only in areas being utilized. The project was designed to allow future expansion of the facility in two directions. Meyer & Associates served as the architect for the project. The estimated cost of completion was not disclosed.
CHICAGO — Meridian Design Build has been selected as design/build general contractor for a 37,942-square-foot industrial facility, which will be located within the Stockyards Industrial Park in Chicago. The building, which is scheduled for completion during the second quarter, is being constructed on behalf of Gypsum Supply Co. In addition to warehouse and distribution space, the facility will include 3,000 square feet of offices/employee support areas, as well as a production showroom. Cornerstone Architects is serving as the designer for the project. Adam Goldberg and John Helgesen are handling the project for Meridian Design Build. Jeff Galante of Lee & Associates represented Gypsum Supply Co. in the acquisition of the site. The estimated cost of completing the project was not disclosed.
LOGAN, N.J. — Reno, Nev.-based DP Partners has signed a lease with Dallas-based Kimberly-Clark Corp. for a new 599,500-square-foot, build-to-suit distribution facility located within DP’s LogistiCenter at Logan, a 1,000-acre industrial park located in the Philadelphia suburb of Logan. Groundbreaking occurred in August 2008, and completion is scheduled for summer 2009. The new building will be situated on 60 acres fronting Commerce Boulevard. It will have a cross-docked design, and will include 32-foot clear ceiling heights, 50-foot by 53-foot bays, 60 truck docks, two drive-in doors, 7,000 square feet of office space, ESFR sprinkler systems, parking for 400 trailers and 100 cars, and expansion capability up to 800,000 square feet. The project is being developed as a joint venture between DP and Boston-based Great Point Investors. The project architect is York, Pa.-based TransSystems. Representing DP in-house was John Atwell, Michael Alderman and Stephen Bailey. The trio worked with LogistiCenter’s land listing agent, Mt. Laurel, N.J.-based NAI Mertz, whose team included Tony DiDio, Leroy Kardon and Scott Mertz. Kimberly-Clark was represented by Matthew Stauber of Rosemont, Ill.-based Colliers Bennett & Kahnweiler, and Marc Isdaner and Mark Chubb of the Philadelphia office of Colliers Lanard & Axilbund.