CARSON, CALIF. — 3PL Global has leased a 270,764-square-foot industrial building at 2211 E. Carson Street in Carson. The company plans to turn the new space into its corporate headquarters. Chris Jimenez of Feinberg Group represented 3PL Global in this transaction. The landlord, Prologis, was represented by Sam Foster and Barry Hill of Jones Lang LaSalle Los Angeles.
HAYWARD, CALIF. — Kortick Manufacturing has purchased a 142,372-square-foot industrial property in Hayward. The firm had been leasing 82,000 square feet in the multi-tenant facility, which is located at 2230-2242 Davis Court. Kortick will look to expand its occupancy in the future. Tom Damaschino and Sam Higgins with Cassidy Turley represented the now owner-user in this transaction.
YUBA CITY, CALIF. – A13,488-square-foot medical office building located at 350 Del Norte Ave. in Yuba City has sold to a private investor for $2.35 million. The building is fully occupied by an affiliate of Sutter Health. The seller, a physician, was represented by Russ Moroz of Marcus & Millichap’s Sacramento office.
TAMPA, FLA. — The 422-unit Seaport Channelside Apartments, located at 1120 E. Twiggs St. in Tampa, has been sold for $66 million. The six-story building is wrapped around a structured parking garage, which contains 302 climate controlled storage units on top. Amenities include a billiards room, courtyard, fitness center, swimming pool, spa, and a resident lounge with WiFi and computers. Cushman & Wakefield of Florida represented the seller in the transaction. The buyers were a group of Bell Partners-sponsored individual investors and Crow Holdings. The property has been renamed Bell Channelside.
GREENSBORO, N.C. — Summit Equities has acquired the 228-unit Allerton Place, a garden-style apartment complex located at 3201 Allerton Cir. in Greensboro, in a sale in conjunction with Auction.com for $16.32 million. Jordan McCarley of Southeast Apartment Partner's Charlotte office represented the seller in the transaction.
MORGANTON, N.C. — Morganton-based Ferrari Investments has sold five KFC/Taco Bell restaurants and two KFC restaurants, located in North Carolina, to STORE Capital and OMAA for $7.8 million. The properties are located in Hudson, West Jefferson, Cherryville, Marion, Denver, Richfield and Lincolnton, N.C. Sam Young of Cassidy Turley represented the seller in the transaction. Steven Peden and Annette Montgomery of Colliers International represented the buyer.
CHARLOTTE, N.C. — LKQ Corp. has signed a 156,000-square-foot lease to occupy the former FedEx facility, located at 1001 Carrier Dr. in Charlotte. The facility will serve as the company's base operations for the Carolinas and will allow LKQ to increase product offerings to the Charlotte Metropolitan area while also expanding its team of employees to support its growth strategy. Bill Mowry of Prime Equities represented the tenant in the lease transaction. Lester Osborn of Piedmont Properties/CORFAC International represented the landlord, NATMI National Truck Terminals, in the transaction.
NORTH LITTLE ROCK, ARK. — Grandbridge Real Estate Capital has arranged $31 million in first mortgage refinancing for the 288-unit Fountaine Bleau Apartments, a garden-style apartment complex located at 10801 Paul Eells Dr. in North Little Rock. Alan Tapie of Grandbridge's Atlanta office, along with David Boerner of Little Rock-based Plunkett, Boerner & Associates arranged the 10-year, fixed-rate loan with a 30-year amortization followed by 12 months of interest-only payments.
CLEVELAND — Developers of the Flats East Bank in Cleveland have secured commitments from five new restaurants. The restaurants signing lease deals include Toby Keith's I Love This Bar & Grill, Ken Stewart's, Lago, Flip Side and Dos Tequilas. The developers say the new signings show the $500 million project is gaining attention locally and nationally. Construction is well underway on the first phase of the project, which includes an 18-story office tower, a 150-room hotel and a health club. The $120 million second phase will include residential and additional retail and entertainment properties. The incoming restaurants come on the heels of commitments from office tenants Ernst & Young, Tucker Ellis and CBRE.
CARMEL, IND. — Eidco Construction has started work on a 5,000-square-foot retrofit project at 2325 Pointe Pkwy. in Carmel. United RX — a full-service pharmacy company — has enlisted Eidco to convert a portion of the building, formerly a fitness center, into a pharmacy facility. Carson Design is providing the architectural services for the project.