TAUNTON, MASS. — Locally based project management firm Polar Design Build Inc. will undertake an 83,109-square-foot industrial expansion project in Taunton, located south of Boston, for Callico Distributors, a provider of paper, plastic and other janitorial supplies. The project involves expanding the tenant’s existing space at 90 Prince Henry Drive, which features a clear height of 32 feet, to total roughly 200,000 square feet. The project will also include the construction of a new detention basin. Completion is slated for December.
LAS VEGAS — Beedie has released its plans to develop Pioneer Business Center, a two-building industrial condominium development in Las Vegas. Located at 6370 and 6340 S. Pioneer Way, Pioneer Business Center will feature two concrete tilt-up structures offering a total of 261,751 square feet of industrial space. Building 1 will offer units ranging from 7,791 square feet to 13,060 square feet, 28-foot clear heights and a pre-built structural steel mezzanine for additional office space or warehouse storage in select units. Building 2 will offer 13,186-square-foot to 20,571-square-foot units and 32-foot clear heights. Both buildings will feature best-in-class specifications, including dock and grade loading, LED warehouse lighting, three-phase power and ESFR sprinkler systems. Additionally, the development will provide users with room for ample truck maneuvering and designated onsite parking. The company has selected Kevin Higgins, Garrett Toft, Sean Zaher, Jake Higgins and Kelsey Higgins of CBRE to market and sell the development.
EL SEGUNDO, CALIF. — Barings has partnered with Ocean West Capital Partners to acquire Smoky Hollow Flex Industrial Campus in El Segundo’s Smoky Hollow submarket. Terms of the off-market transaction were not released. Situated on 5.1 acres, the three-property campus offers 136,610 square feet of flex industrial space. The owners intend to implement a repositioning, including the construction of a new flex industrial building and 266-stall parking structure. Renovations to the three existing buildings will include upgrades to the exterior and building systems while constructing outdoor recreation spaces.
AKRON, OHIO — Driverge Vehicle Innovations has inked a 150,000-square-foot industrial lease at Chapel Hill Business Park, a redevelopment of the former Chapel Hill Mall in Akron. Owner Industrial Commercial Properties has redeveloped and leased 58 percent of the former regional mall. Driverge, a wholly owned subsidiary of MobilityWorks, is an upfitter for Ford, Mercedes-Benz and Dodge vehicles. Greg Hopkins represented the company on an internal basis with assistance from JLL’s Kristy Hull.
MESQUITE, TEXAS — Locally based developer Jackson-Shaw, in partnership with Boston-based Cabot Properties, will develop a 310,900-square-foot industrial project in the eastern Dallas suburb of Mesquite. The property will be a build-to-suit corporate headquarters for automotive parts manufacturer Vehicle Accessories Inc. and will house operations such as engineering, sales, accounting, manufacturing and distribution. Jackson-Shaw is developing the project within Urban Logistics Realty’s 180-acre Alcott Station Industrial Business District. Peinado Construction is the general contractor; Halff Associates is the civil engineer; and GSR Andrade is the architect. Veritex Community Bank is providing construction financing, and CBRE has been tapped as the leasing agent. Completion is slated for the fourth quarter.
TOANO, VA. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the sale of 9000 Westmont Drive, a 175,000-square-foot, single-tenant flex facility in Toano. Robert Filley, Chandler Pace, Randall Heilig and Robert Bechtel of IPA, as well as Christopher Dale of Marcus & Millichap, represented the seller, MICPAR Realty LLC, and procured the buyer, an entity doing business as 9000 Westmont Owner LLC. The property sold for $22 million. The property, 9000 Westmont Drive, is triple-net leased to Avid Medical Inc., a wholly owned subsidiary of Owens & Minor and sole occupant of the property. Built in 1998, the two-story facility was expanded by 25,000 square feet in 2009. The property’s warehouse area spans 113,834 square feet and the office component spans 61,118 square feet. The facility features 10 dock-high loading doors and 366 parking spaces. Located on the Interstate 64 Peninsula, the property is situated between Newport News and Richmond. The property is also situated 51.7 miles from the Port of Virginia and 32.7 miles from Richmond International Airport.
SAN ANTONIO — Marcus & Millichap has brokered the sale of AA Stor All, a 208-unit self-storage facility in San Antonio. The property consists of 24,750 net rentable square feet of non-climate-controlled space across 170 units, along with 38 outdoor parking spaces. Jon Danklefs of Marcus & Millichap represented the seller, an undisclosed limited liability company, in the transaction. The buyer and sales price were also undisclosed.
BIRMINGHAM, ALA. — Kroger has plans to open a 50,000-square-foot distribution facility in Birmingham. The “spoke” property will serve as a last-mile cross-dock location that expands Kroger’s grocery delivery services. Cincinnati-based Kroger and UK-based Ocado Group plan to open the facility later this year. The facility will collaborate with the Kroger-Ocado hub in Forest Park, Ga. The facility is expected to create up to 161 jobs. Located at 30 West Oxmoor Road, the property will be situated 6.3 miles from downtown Birmingham and 12 miles from Birmingham-Shuttlesworth International Airport. The property is also 4.6 miles from the University of Alabama at Birmingham. Kroger also plans to open spoke facilities in Austin and San Antonio, Texas.
WARWICK, R.I. — New Hampshire-based self-storage developer True Storage has completed a 455-unit facility in Warwick. All of the units feature climate-controlled space. CubeSmart manages the 60,000-square-foot property, which formerly served as a manufacturing facility for Interplex, a technology and engineering firm based in Singapore. True Storage purchased the property in September 2021 when Interplex relocated.
PHILADELPHIA — JLL has arranged a $22 million acquisition loan for a portfolio of six light industrial properties totaling 251,922 square feet in the Philadelphia area. Specifically, the properties are located in Pennsauken, Moorestown and Marlton, N.J., and Boothwyn and Reading, Pa. The properties are primarily leased to electronics manufacturer Syscom Tech and industrial machinery provider Flowserve Corp. Steven Klein, Michael Klein and Ryan Carroll of JLL arranged the nonrecourse loan through Ready Capital on behalf of the borrower, Wharton Industrial, an affiliate of New York City-based Wharton Equity Partners. The loan was structured with a floating interest rate and a four-year term.