FOUNTAIN INN, S.C. — The Sudler Cos. will develop Fox Hill Business Park, which will span 172 acres at full buildout, in Fountain Inn. Sudler will break ground on the first spec property, a 206,410-square-foot building, this quarter. The building will feature 32-foot clear heights and trailer parking. The Chatham Township, N.J.-based developer expects to deliver the property in spring 2021. Fox Hill will be situated at 189 Milacron Drive, 19 miles southeast of downtown Greenville. Grice Hunt, Ford Borders and Clay Williams of NAI Earle Furman LLC will handle leasing and marketing efforts on behalf of the owner.
CHICAGO — Meridian Design Build has completed construction of a 358,879-square-foot speculative industrial building in the city of Chicago. NorthPoint Development was the developer. The new facility sits on a 31.2-cre site. StudioNorth Architecture and Jacob & Hefner Associates made up the project team. Meridian and NorthPoint worked together to maximize participation by businesses owned by minorities and women for the project. The new building is the first within NorthPoint’s $164 million, 200-acre Avenue O Industrial Park. The park is a redevelopment of the Republic Steel site that has been vacant for more than two decades. Plans call for 2.3 million square feet of industrial development.
ELK GROVE VILLAGE, ILL. — Screen Americas has signed a 44,198-square-foot industrial lease at Elk Grove Technology Park in Elk Grove Village. Screen is a provider of inkjet printing technology. The facility will serve as the North American headquarters for the company. Mike Sedjo, Jack Brennan and John Hamilton of CBRE represented the landlord, Brennan Investment Group, in the lease transaction. Joe Bronson of NAI Hiffman represented Screen, which will occupy space within a 151,693-square-foot building. Elk Grove Technology Park is an 85-acre industrial park near O’Hare International Airport. With the completion of Phase I in the fourth quarter of 2019, the park is nearly 75 percent leased.
EASTON, PA. — CBRE has brokered the sale of LogistiCenter at 33, a 475,800-square-foot e-commerce facility in Easton, an eastern suburb of Allentown. Located at 4200 E. Braden Blvd., the facility was constructed in 2016 and features a clear height of 36 feet. The property is located in the Lehigh Valley submarket and offers convenient access to State Route 33 and Interstate 78. Third-party logistics provider Radial Inc. is the sole tenant of the facility. Michael Hines, Brad Ruppel, Brian Fiumara and Lauren Dawicki of CBRE represented the seller, a partnership that included Pacific Coast Capital Partners LLC, in the transaction. The buyer and sales price were not disclosed.
TAYLOR, TEXAS — Bellomy & Co. has brokered the sale of Taylor Hutto Self Storage, a 501-unit facility located in the Central Texas city of Taylor. The property features climate- and non-climate-controlled units, as well as covered boat and RV parking space. The facility spans 60,605 square feet of net rentable space and was 86 percent leased at the time of sale. Bill Bellomy and Michael Johnson of Bellomy & Co. represented the seller, an unnamed company based in Plainfield, Ill., in the sale. The buyer was not disclosed.
FORT WORTH, TEXAS — Amcor Rigid Plastics USA Inc., a producer of plastic products for the food and healthcare industries, has renewed its 269,388-square-foot lease in Fort Worth. The landlord, ML Realty Partners, signed Amcor to the extension at 4100 Fleetwood Road on the city’s northeast side near DFW International Airport. According to LoopNet Inc., the facility sits on 16 acres. David Stechly and Greg Kloiber of Campio represented the tenant in the lease transaction.
DALLAS — Curtis Specialized Moving & Storage has renewed and expanded its industrial lease in Dallas’ South Stemmons submarket. The locally based company renewed its 43,200-square-foot lease at 460 W. Mockingbird Lane and leased an additional 40,500 square feet of neighboring space at Mockingbird Place. Brock Wilson and Joe Santaularia of Bradford Commercial Real Estate Services represented the landlord, a private equity firm based in New York, in the lease negotiations. David Easterling of CBRE represented the tenant.
NEWBERG, ORE. — Portland, Ore.-based Norris & Stevens has brokered the sale of an industrial building located at 2751 NE Wynooski St. in Newberg, approximately 30 miles southwest of Portland. The buyer, 2751 Wynooski Street LLC, acquired the property for $2.6 million. Oregon Mattress, a mattress manufacturing business, formerly occupied the 31,265-square-foot property, which is situated on 1.7 acres. The buyer plans to occupy the asset for its business, Southtown Glass. Todd VanDomelen of Norris & Stevens represented the sellers, Thomas A. Walker, Melissa A. Walker, David R. Walker and Judy Walker, in the transaction. Mike Mosar of Mosar Commercial Properties represented the buyer.
FRANKLIN, N.J. — Canadian developer BentallGreenOak has acquired a 925,000-square-foot industrial facility in Franklin, approximately 50 miles northwest of New York City. Located at 50 Veronica Ave., the facility was fully leased to LG Electronics USA at the time of sale. The building features a clear height of 40 feet, 170 trailer parking spots, 159 dock positions, four drive-in ramps and 394 car spaces. It offers convenient access to the New Jersey Turnpike and Interstate 287. LG Electronics USA signed a seven-year lease of the entire building in April. Gary Gabriel, Andrew Merin and Kyle Schmidt of Cushman & Wakefield represented the seller, a partnership between Crow Holdings Industrial and The Carlyle Group, in the transaction.
NEW YORK CITY — Fine arts logistics company Maquette has signed a 47,850-square-foot industrial lease expansion for its headquarters in Queens. The lease expands Maquette’s existing lease to a total of 95,700 square feet. The space is located within the 275,000-square-foot Matsil warehouse and office building at 48-49 35th St. in the Long Island City submarket. Other tenants at the property include Motorola and Ralph Lauren. Forrest Mas and Chris Pachios represented the landlord, North River Co., internally. The lease was negotiated directly with the tenant.