Industrial

SALT LAKE CITY — Rockefeller Group Development Corp., through its regional office in Irvine, Calif., has purchased approximately 57 acres of zoned industrial land in Salt Lake City. The company plans to develop a 930,000-square-foot six-building industrial park on the site, which is located between Interstate 80 and SR 201. Seeking Foreign Trade Zone designation, the property will consist of four 190,000-square-foot buildings and two smaller buildings ranging in size from 32,500 to 80,000 square feet. Construction is slated to begin in July, with completion scheduled for late 2010. Greg Hunter and Nancy Edwards of Commerce CRG, an alliance member of Cushman & Wakefield, represented The Rockefeller Group in the transaction.

ALBUQUERQUE, N.M. — Walt Arnold of Sperry Van Ness/Walt Arnold Commercial represented Albuquerque-based Prospect LLC in the disposition of a 28,800-square-foot industrial building, which is located at 4121 Prospect. 4121 Prospect LLC purchased the property for an undisclosed price. Built in the 1960s, the building was 50 percent occupied by Document Solutions at the close of escrow. The buyer was self-represented.

VENTURA, CALIF. — Transport Street LLC has purchased a 19,028-square-foot industrial building for $2.6 million. The single-story, tilt-up industrial building is located at 4277 Transport St. in Ventura. Mark Kotake of DAUM Commercial Real Estate Services represented the buyer; Mike Tharp and David Young of NAI Capital represented the seller, Libra Investments, in the transaction.