MARLBOROUGH, MASS. — KS Partners has signed Environmental Chemical Corp. to a lease renewal and expansion totaling 18,231 square feet and East Coast Cad/Cam to a 4,804-square-foot lease at 33 Boston Post Rd. in Marlborough. In both transactions, Garry Holmes, Craig Johnston and Jim Bartholomew of R.W. Holmes represented KS Partners, the landlord. Hank Amabile and John Coakly of Grubb & Ellis represented Environmental Chemical Corp. Phil Desimone of Jones Lang LaSalle represented East Coast Cad/Cam.
HAMDEN, CONN. — True Athletics has signed a 10,000-square-foot lease at 850 Sherman Ave. in Hamden. True Athletics is a strength and conditioning facility that specializes in sports performance. The facility is undergoing a complete renovation and plans are to open in early winter. Stephen Press and Albert Scafati represented the tenant in the transaction. Scafati also represented the landlord, Louis M. Landino Family Trust.
NORTH SPRINGFIELD, VT. — Jeld-Wen, Inc. has signed a long-term lease renewal for 212,340 square feet of industrial space at 36 Precision Dr. in North Springfield. A global window and door maker based in Klamath Falls, Ore., Jeld-Wen uses the site for product manufacturing. Bo Mills, Mark Detmer, Will Strong and Jackie Orcutt of the Phoenix office of Cushman & Wakefield represented Jeld-Wen in the transaction. Arthur Ross of Hart Corp. represented the landlord, WE 36 Precision Drive LLC.
NORTHVALE, N.J. — Fillo Foods has signed a long-term lease for an 85,000-square-foot industrial facility, located at 10 Fairway Ct. in Northvale. The Fillo Factory, an organic and natural foods producer, will relocate from Demarest, N.J. Mitch Helfman of MRH Real Estate represented Fillo in the transaction. Kenneth Lundberg and James Hanson represented the landlord, The Hampshire Cos.
PLAINVIEW, N.Y. — BWD, a private insurance broker company, is moving from its offices in Jericho, N.Y. to a newly built 70,000-square-foot headquarters at 45 Executive Dr. in Plainview. The property is leased from 45 Exec LLC, an investment group, which constructed the building in partnership with the Nassau County Industrial Development Agency.
DALLAS — Dallas-based Compatriot Capital, a subsidiary of Sammons Enterprises, has acquired a 50 percent ownership of Farmington Hills, Mich.-based Village Green, a privately held luxury apartment developer and manager. Village Green owns and operates $4.5 billion in assets across 14 states, and plans to invest approximately $50 million for the development or acquisition of $250 million in apartment assets in the next 2 to 3 years. The Village Green acquisition is Compatriot's first action in developing a $1 billion real estate business during the next decade.
DALLAS — Fort Worth-based Crescent Real Estate Holdings will develop a 600,000-square-foot mixed-use project on its 3.1-acre parcel at McKinney Avenue and Olive Street in Dallas. Pelli Clarke Pelli Architects, designer of the World Financial Center in New York City, the Petronas Towers in Malaysia and the International Finance Centre in Hong Kong, will design the project. The property will feature 400,000 square feet of office space, 60,000 square feet of retail space and 50 luxury residences. The project will break ground once it has been successfully pre-leased.
AUSTIN — LDR has opened its approximately 40,000-square-foot office building, located at 13785 Research Blvd. in Austin, which will serve as LDR's new global headquarters. The office building was a build-to-suit for LDR. STG Design's Austin office was the architect of the new office and Austin-based Burt-Watts Industries was the contractor.
NORMAN, OKLA. — A 24,641-square-foot retail property, located at 300 Norman Center Ct. in Norman, which was once leased to Borders has been sold for $1.6 million. The seller was Farmington Hills, Mich.-based Agree Realty Corp.
DOWNEY, CALIF. – 88 Logistics has leased a 104,175-square-foot distribution facility in Downey. The five-year lease is valued at $2.2 million. The logistics firm was represented by Larry Kliger of Lawrence Allen. Heger Industrial's Robert G. Thornburgh and Tom Holland represented the building’s owner in this transaction.