NEW CASTLE, DEL. — Patterson-Woods Commercial Properties/CORFAC International has completed the $2.9 million sale of 30 McCullough Drive in New Castle. Palace Laundry, doing business as Linens of the Week, purchased the 40,000-square-foot distribution warehouse from Ly-Del. The buyer will owner-occupy the warehouse. The one-story building features six loading docks, a 24-foot ceiling, a fenced yard and available parking. Phil Hoge and Greg Ellis of Patterson-Woods represented the seller in the transaction, and Chuck White of White Realty Associates represented the buyer.
Industrial
IRVINE, CALIF. — Don Wilson Builders has purchased Goodyear Business Park, a seven-building, 145,000-square-foot industrial park located within Irvine Spectrum in Irvine, for $33.7 million. The park consists of 39 condominium units ranging in size from 2,807 to 25,712 square feet. Mike Hartel of Voit Commercial Brokerage’s Irvine office represented the buyer; Jeff Carr and Gregg Haley of CB Richard Ellis represented the seller, Panattoni Development, in the transaction.
NORTH LAS VEGAS, NEV. — Centennial West LLC, a joint venture between Las Vegas-based LM Construction Co. and EJM Development Co., has broken ground for the construction of a 40-acre industrial project, which is bordered by Centennial Parkway, Mt. Hood, Azure and Shatz in North Las Vegas. Currently, two distribution buildings are being developed on a 10-acre site within the project. The buildings will offer a combined total of more than 158,000 square feet of space and are slated for completion by fall 2008. The 72,284-square-foot building is divisible to 6,570 square feet and offers 22-foot by 10-foot dock-high doors, eight grade-level doors, 24-foot and 30-foot warehouse clear height, a power capacity of 200 amps, 3-phase power per suite, M-2 zoning and an ESFR fire suppression system. The 86,570-square-foot facility, which is also divisible to 6,570 square feet, features 26-foot by 10-foot dock-high doors, four grade-level doors, 30-foot warehouse clear height, a power capacity of 400 amps, 3-phase power per suite, M-2 zoning and an ESFR fire suppression system.
SAN DIEGO — SEBCO Inc. has acquired Brady Distribution Center, a 56,350-square-foot warehouse/distribution facility located at 9550-9590 Distribution Ave. in the Miramir submarket of San Diego, for $7.8 million. The building is 100 percent leased to five tenants: DOD Home Interiors, Bakker & Sons, San Diego Rustic, Vertical Hold and KJM Enterprises. Paul Lafrenz, Bill Dolan and Shauna Fick of CB Richard Ellis represented the buyer; Randy LaChance and Todd Holley of Voit Commercial represented the seller, B&B Partners, in the transaction.
BETHLEHEM, PA. — BLS Realty Associates has purchased the 38,000-square-foot Warner Crivellaro stained glassworks building in Bethlehem for $1.8 million. The new owner plans to open a tile, granite and marble construction supply company and showroom. The building is located at 1855 Weaversville Rd., north of the Lehigh Valley Industrial Parks I-V. Lisa Wright of Prudential Patt White represented the buyer in the transaction, and Leo Decker of Summit Management and Realty Co. represented the undisclosed seller.
AURORA, COLO., AND FREDERICKSON, WASH. — Panattoni Construction has been selected by Whirlpool Corp. to construct two regional distribution centers for the company in Aurora and Frederickson. Panattoni will construct a $24 million, 410,000-square-foot center, which is located at East 36th Avenue and Odessa Way in Aurora. The facility will feature 32-foot clear heights, 80-foot staging bays, 40-foot by 50-foot typical bays, 56 dock doors with two drive-in doors, a power capacity of 3,000 amps and an ESFR fire protection system. Additionally, the company will build a $50 million, 891,000-square-foot center located on a 49-acre site along East 38th Avenue in Frederickson. The facility will feature 32-foot clear heights, 60-foot staging bays, 54-foot by 50-foot typical bays, 100 dock doors with two drive-in doors, a power capacity of 4,000 amps and an ESFR fire protection system. Groundbreaking of the Aurora property is slated for fourth quarter 2008, with construction beginning on the Frederickson property in spring 2008. Ware Malcomb is providing architectural services for both projects.
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