Industrial

ST. LOUIS — St. Louis-based McGrath & Associates has completed construction of two additions to the Proctor & Gamble manufacturing plant located at 169 E. Grand Ave. in St. Louis. The project comprised two design/build additions, totaling 23,000 square feet, to the company’s existing plant. Construction began last August. Wedemeyer Cernik & Corrubia served as project architect, and Zak Cos. served as project engineer.

KANSAS CITY, MO. — Kansas City-based Block & Co., on behalf of its Block Income Fund III, has acquired a 244,400-square-foot bulk warehouse building located at 1400 N. Cambridge Ave. in Kansas City. The property was originally developed by La Vida Local to accommodate the expansion and consolidation of Corporate Express’s regional distribution and showroom centers. The transaction was handled by Kenneth Block, Aaron Mesmer, Brian Beggs, Grant Reeves and Michael Block of Block & Co. Realtors, along with CB Richard Ellis. The acquisition price was not disclosed.

ROMEOVILLE, ILL. — The Rolling Meadows, Ill., office of Sperry Van Ness has brokered the sale of a 73,750-square-foot industrial building, located at 1265 Naperville Dr. in Romeoville, for $5.1 million. Tom Vincent of Sperry Van Ness represented the buyer, a Darien, Ill.-based limited liability corporation. Vincent also arranged a 10-year lease for half of the property concurrent with the sale. The seller, a Chicago-based limited liability corporation, was represented by Jason West and Sean Henrick of Cushman & Wakefield.

GROVEPORT, OHIO, AND CHICAGO — AFIAA has acquired two industrial properties for a total of $72 million. In Groveport, the company purchased a 1.2 million-square-foot distribution center, located at 2829 Rohr Rd., for approximately $51 million. In Chicago, AFIAA purchased a 500,000-square-foot commercial building, located at 2700 N. Elston Ave., for approximately $21 million. Both properties are fully leased. The sellers in both transactions were undisclosed.