CLIFTON, N.J. — Cushman & Wakefield has completed the sale of a warehouse facility located at 174 Delawanna Ave., in Clifton. The 217,139-square-foot distribution building was purchased for an undisclosed price by New Jersey’s largest independent food service company. Amenities include 32-foot clear ceilings, cross-docked loading and fenced in parking. Stephen Elman, Stan Danzig and Noah Balanoff of Cushman & Wakefield represented the seller, The Morris Companies, in the transaction. The undisclosed buyer was represented by Brian Scheuer of Chaus Realty.
Industrial
ORLANDO, FLA. — Aspen A&D has acquired a 216,000-square-foot manufacturing facility in Orlando, from Justine Realty Corp., for $6.4 million. The facility is located at 1854 Central Florida Pkwy., and is leased long-term to Sonoco Corp. Craig Duke and Cory Kroeger of Duke Kroeger & Co. represented the buyer, and the seller was represented by Matt Sullivan and Wilson McDowell of Colliers Arnold.
ORLANDO, FLA. — Columbus, Ohio-based Cypress Lake Properties has acquired a 5.1-acre industrial site in southeast Orlando, from Chicago-based CalEast Industries, for $1.4 million. The property is located at 1611 Cypress Lake Dr. The buyer plans to develop an 83,000-square-foot distribution warehouse building on the site. George Livingston and Christie Alexander of NAI Realvest’s Orlando office negotiated the transaction.
BENSENVILLE, ILL. — Colliers Bennett & Kahnweiler (CBK) has brokered the sale of a 19,200-square-foot industrial property located at 764-768 Thomas Dr. in Bensenville. The facility features 16-foot clear ceiling heights, 3,000 square feet of office space and a large parking lot. The buyer, luxury car dealer The Chicago Toy Store, had previously leased half of the building. The company now plans to utilize the new space as a showroom. Anne Dempsey of CBK represented the seller, Corporate Crossings. Joseph Reiff, also of CBK, represented The Chicago Toy Store. The acquisition price was not disclosed.
NEW YORK CITY — Dmitri Gourianov of Kalmon Dolgin Affiliates has brokered the $1.25 million sale of 1030/1032 Wyckoff Ave. in the Ridgewood neighborhood of Queens, New York City. The single-story, 50,000-square-foot warehouse facility features a 2,500-square-foot land parcel, as well as drive-in doors and high ceilings. Gourianov represented the buyer, LS Sign Co., and Chou’s Realty represented the seller, 1030 Wyckoff Ave LLC, in the transaction.
ORLANDO, FLA. — Chicago-based First Industrial Realty and the California State Teachers’ Retirement System (CalSTRS) have acquired 134 acres in Orlando for the development of First Park Groveland. The industrial park will be adjacent to the Christopher C. Ford Commerce Park, along Highway 27. Initial plans include build-to-suit and speculative facilities or land parcel sales to strategic corporate customers. David Murphy and Kevin Hoover of CB Richard Ellis arranged the land transaction.
BENSENVILLE, ILL. — Arthur J. Rogers & Co., a partner of The CORE Network, has completed the purchase of a 60,000-square-foot industrial building, located at 811 Thorndale Ave. in Bensenville, for $5.95 million. The property features 24-foot clear ceiling height and 21 exterior docks. The current tenant, Genesis Group, will remain in the building. Mark Baumhart of Arthur J. Rogers represented the buyer, AMB Property Corp. The seller, One Ninety Nine Group, was represented by David Bercu of Colliers Bennett & Kahnweiler.
ADDISON, ILL. — The Rosemont, Ill., office of Cushman & Wakefield (C&W) has brokered the sale of a 63,650-square-foot industrial building, located at 426 South Westgate in Addison, for $2.2 million. Jason West and Sean Henrick of C&W represented the seller, RDF Properties; the seller, Turtle Creek Enterprises, was represented by Scott Duerkop of Staubach Co.
AURORA, ILL. — CB Richard Ellis (CBRE) has negotiated a 160,000-square-foot lease at Butterfield Distribution Center II, located at 2413 Prospect Dr. in Aurora. The building features 30-foot clear ceiling heights, cross-docking capability, trailer parking, 52-foot staging bays and 1,100 square feet of office space. Kirk Armour and David Prell of CBRE represented building ownership, Alliance Commercial Partners, in the transaction. The tenant, Chep USA, was represented by Greg Lance of UGL Equis. Terms of the lease were not disclosed.
CITY OF INDUSTRY, CALIF. — Voit Development Company has completed the disposition of two speculative industrial buildings, which the firm developed in the City of Industry, for $9.7 million. The buildings were part of the company’s three-building project, which included a third-party 144,000-square-foot, built-to-suit distribution and office center for FreshPoint of Southern California, a wholly owned subsidiary of SYSCO Corp. The 31,296-square-foot and 31,914-square-foot buildings are located on separate land parcels totaling more than 3 acres at Long Lane and Nelson Avenue. Mark Latimer and Ryan Lewis of CB Richard Ellis’ Santa Fe Springs, Calif., office represented the company in both transactions. The buyers were not disclosed.