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.
Industrial
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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