VERNON, CALIF. — Newport Beach, Calif.-based Master Development Corp. (MDC) has secured a tenant for it 113,500-square-foot single-user industrial facility, which is located at 4380 Ayers Ave. in Vernon. Clear Lam Packaging Inc. (Clear Lam) signed a 5-year lease for the property. Clean Lam’s thermoforming division is a provider of innovative, environmentally friendly thermoformed plastic packaging products for segments within the produce, bakery, deli and confectionary markets. The company plans to use the facility for its West Coast manufacturing and distribution purposes. Jeffrey Sanita, John McMillian and Tim Wallace of Cushman & Wakefield represented the lessor; Warren Noack, Kimberly Noack, Larry Much and Craig Summers of NAI Capital represented the lessee in the transaction.
COLUMBIA, MD. — Linemark Printing has purchased a 91,000-square-foot warehouse from a Montgomery County, Md.-based private investor for $5.5 million. The property was constructed in 1982 and is located at 501 Prince George’s Blvd. in Columbia. The building includes 10,000 square feet of office space, five dock door ports and 24-foot ceiling heights. Towson, Md.-based NAI KLNB’s Chris Kubler and Alan Coppola represented the seller. Jones Lang LaSalle represented the buyer.
CHARLOTTE, N.C. — ProLogis has leased more then 280,000 square feet in three of its Charlotte industrial properties. At the Ridge Creek Distribution Center, located at the intersection of Interstates 77 and 485, Anna’s Linens has leased 112,000 square feet. At the West Pointe Business Center, located at the intersection of Interstates 85 and 485, CEVA Logistics has leased 84,700 square feet of space, and PSS World Medical has leased 65,100 square feet of space. Murray Supply Co. has signed a 21,400-square-foot lease for space at the Charlotte Distribution Center, located at the intersection of Interstates 77 and 85. Further details about the leases were not disclosed.
GREENDALE, WIS. — James Young of Milwaukee-based Colliers Barry has brokered the sale of a 14,000-square-foot industrial facility located at 6255 South Industrial Court in Greendale. Mersenski LLC has purchased the building from John Lin et al for an undisclosed amount. Mersenski is relocating from its machine shop in the Bay View/South Milwaukee area, and will use the facility to accommodate its expansion. To complete the transaction, the buyer executed a short-term leaseback to the seller. The acquisition price was not disclosed.
GRAND PRAIRIE, TEXAS — Indianapolis-based Duke Realty Corp. has leased a 1.06 million-square-foot industrial building to Farley’s & Sathers. The candy manufacturer will occupy all of Grand Lakes II, a bulk warehouse building located at 3953 Guilford St. in Grand Prairie. The building features 32-foot clear ceiling heights, 247 dock doors, three drive-in doors and 141 trailer storage spaces. The property also fronts Interstate 30 and is in close proximity to DFW Airport. Al and Trip Leon of Leon Brothers represented Farley's & Sather’s in lease negotiations. Curt Hefner provided in-house representation for Duke. Farley's & Sathers had previously operated out of two facilities located in Arlington, Texas, until expanding into the new facility.
CINCINNATI — Marcus & Millichap has brokered the sale of Oakley Storage located at 2950 Robertson Ave. in Cincinnati. Buffalo, N.Y.-based Sovran Limited has purchased the 66,520-square-foot self-storage facility from an undisclosed local limited liability company for approximately $4.31 million. Adam Schlosser and Brett Hatcher in the Columbus, Ohio, office of Marcus & Millichap represented the seller in the transaction.
ORANGE, N.J. — Weichert Commercial Brokerage (WCB) has completed the sale of a 64,000-square-foot warehouse located in Orange. The facility is situated on 1.92 acres at 225 Scotland Rd. WCB was the sole broker in the transaction. The warehouse was acquired by 161 Properties LLC for an undisclosed amount.
HARRIS COUNTY, TEXAS — The Woodlands, Texas-based J. Beard Real Estate Co. has completed the sale of a 14.93-acre industrial development site located at the intersection of Richey and Hardy Toll roads in Harris County. The buyer, a private partnership based out of The Woodlands, plans to market the property for build-to-suit and individual industrial sites; construction is slated to begin in April. The property was sold by Phoenix-based Airport 288 II. Herb Jackson of J. Beard will handle leasing and sales for the project. The acquisition price was not disclosed.
SOUTHFIELD, MICH. — Storage Pros Southfield LLC, as owner, has opened a 70,000-square-foot Storage Pros Self Storage facility located at 28223 Telegraph Rd. in Southfield. The two-story building consists of 700 climate-controlled storage units. The property features drive-thru covered loading, video surveillance and conference room facilities. Storage Pros Southfield LLC is an affiliate of Farmington Hills, Mich.-based Storage Opportunity Partners LLC. The estimated cost of completing the project was not disclosed.
WICHITA FALLS, TEXAS — Southfield, Mich.-based NAI Farbman has brokered the sale of a 478,810-square-foot industrial building located at 8600 North Central Freeway in Wichita Falls. Laney Cavazos of NAI represented the seller, Delphi Automotive Systems. The property was acquired by SBP Enterprises, which is also a tenant of the building. The acquisition price was not disclosed.