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.
Industrial
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.
SUFFOLK, VA. — Thalhimer, a member of the Cushman & Wakefield Alliance, has represented Ashley Capital in the lease of 81,204 square feet of warehousing/distribution space within the 750,000-square-foot Bridgeway Business Center in Suffolk. Richmond, Va.-based The Dixie Group has leased the facility, which is located at 6701 College Dr. Dixie plans to invest $2.6 million in the facility that will specialize in the handling of large and oversized equipment and power-generated machinery. Thalhimer’s Patrick Mumey, Robert Phillips and Scott Wermer handled the negotiations.
ELWOOD, ILL. — Woodridge, Ill.-based Morgan/Harbour Construction has been selected by CenterPoint Properties to develop the expansion of CenterPoint Intermodal Center, an industrial park that is located at the corner of Illinois Route 53 and Hoff Road in Elwood. Approximately 4 million square feet of industrial facilities will be constructed within the 300-acre expansion of the park’s east side. The expansion includes the improvement of Route 53 with a new turn lane, the extension of Walter Strawn Drive into the proposed park and implementation of storm water management detention facilities onsite. Cornerstone Architects is providing the architectural services.