MIAMI — Erick Padilla of CB Richard Ellis has represented Los Angeles-based MICA LLC in the acquisition of 6,653 square feet of industrial space located at 10420 NW 37th Terrace within Cantel West Industrial Park in Miami. The facility was sold by Miami-based Hugo Jimenez for approximately $1.06 million. Cantel West houses 24 industrial properties totaling 180,000 square feet of Class A warehouse space. The seller was represented by Audley Bosch of Cushman & Wakefield.
ENDICOTT, N.Y. — Sperry Van Ness (SVN) has arranged the sale of a self-storage property located at 1400 Campville Rd. in Endicott for $2.25 million. The property features 298 rental units and approximately 36,130 square feet of additional space. It was 93 percent leased at the time of closing. Thomas Rithven and Nicholas Malagisi of SVN represented the buyer, a New York-based self-storage management group. The seller was undisclosed.
AUSTIN, TEXAS — ING Clarion Partners has acquired Southpark Commerce Center III, a three-building, 470,886-square-foot industrial property located at 4801 Freidrich Lane in Austin, from Endeavor Real Estate Group. Two buildings on the 31-acre property were completed in 2002, and are fully leased to a tenant roster that includes Axcess Technologies and Calendar Club. The third building was completed in January and is fully occupied by multiple tenants. Jim Batjer, Barry Brown, and Robby Rieke of Holliday Fenoglio Fowler marketed the property on behalf of the seller. The acquisition price was not disclosed.
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.