CHINO, CALIF. — Represented by Voit Real Estate Services’ Commercial Brokerage division, Westinghouse Lighting Corporation has leased a new 137,523-square-foot building at 6718 Bickmore Avenue in Chino. Relocating from Santa Fe Springs, Westinghouse Lighting will use the new location as its regional distribution facility. Voit’s Peter Castleton represented the tenant in the transaction, and Jim Koenig of CBRE represented the landlord, Manulife Financial.
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NORMAL, ILL. — Five new retail and restaurant tenants have been announced at Constitution Trail Centre, a 350,000-square-foot, open-air shopping center located at the interchange of Interstate 55 and North Main Street in Normal. Discount Tire plans to open a 7,000-square-foot location by this fall. Famous Labels will also soon open a new 11,440-square-foot location. Recently, Wendy’s opened a new “Fresh Brand” concept restaurant within 2,600 square feet of space at the center. Castle Nail Spa will open a new 1,600-square-foot location in late September. Finally, Taco Bell will break ground in spring 2010 for a new 2,900-square-foot restaurant, with completion scheduled for July 2010. Constitution Trail Centre is owned by a partnership between Omaha, Neb.-based Dial Properties; Little Rock, Ark.-based Clary Development Corp.; and principals of Bloomfield Hills, Mich.-based Coral Ridge Cos.
HOLLYWOOD, FLA. — NAI Rauch Weaver Norfleet Kurtz & Co. has sold two adjacent properties, totaling 6,600 square feet, at 6611 Moseley St. and 1900 NW 66th Ave. in Hollywood. Formerly Children’s Castle, the properties were sold on behalf of the New York-based lender Business Loan Center. The buyer was North Miami-based Inter Invest Properties, and the price was not disclosed. NAI’s Bill McConnell negotiated the sale.
CONCORD, N.C. — Castle & Cooke has borrowed a $26 million loan for construction of a 62,322-square-foot building on the Rowan-Cabarrus Community College campus in Concord. The property will include classrooms, offices and research and development labs. US Bank provided funding for the 20-year loan, which carries a 7 percent interest rate. Hal Kempson of CB Richard Ellis’ Charlotte, N.C., office secured the loan. Royal Net Lease and William Blair & Co. also helped with the deal.
AVENEL, N.J. — Subway has signed on for space at Delco Plaza in Avenel. The 77,928-square-foot neighborhood shopping center is now 100 percent leased. Delco Plaza is located on St. Georges Avenue (Route 35) at Peach Street. Other tenants at the shopping center include Pathmark, Boston Market, Photo Time, Crystal Vision, Golden Touch Jewelers, 99 Cent Max, Hair Designs, BuyRite Liquors, Beauty Castle, Radio Shack, Bank of America, pizza and Chinese restaurants and a nail salon. Ethan Goldsmith of Levin Management Corp., the exclusive leasing and managing agent for the property, brokered the 800-square-foot commitment.
SECAUCUS, N.J. — Secaucus-based Hartz Mountain Industries has brokered the lease for the New Jersey expansion of Capital Supply Co. The Manhattan, New York City-based janitorial supply company has signed a lease for 45,770 square feet of warehouse space at 111-115 Castle Rd., located in Secaucus. The company will continue to operate its Manhattan facilities. Terms of the lease were not disclosed.
NEW CASTLE, DEL. — Patterson-Woods Commercial Properties/CORFAC International has arranged a lease for a 10,800-square-foot warehouse, located at 4060 N. DuPont Highway in New Castle. The building will be occupied by Thunder Stix Baseball & Softball Academy, which plans to operate it as a baseball and softball training facility. It will feature four automated batting cages and four training tunnels. Greg Ellis of Patterson-Woods represented the tenant in lease negotiations. Paul Bryant and Tripp Way of Emory Hill Real Estate Services represented the undisclosed landlord.
NEW GALILEE, PA. — Grubb & Ellis Company has negotiated a 120,800-square-foot, long-term lease at Turnpike Distribution Center located at 1750 Shenango Rd. in New Galilee. The space was leased by YRC Logistics. The building features concrete panel construction, ESFR sprinkler system and fire-rated demising walls. Louis Oliva, of Grubb & Ellis’ Global Logistics Group, facilitated the transaction on behalf of the lessor, Turnpike Distribution LP. Turnpike Distribution LP is a joint venture of Pittsburgh-based developer Castlebrook Development, Cincinnati-based general contractor Al Neyer Inc. and Pittsburgh-based The Erect Fund, an investment fund that invests on behalf of local pension funds.
MENOMONEE FALLS, WIS. — Adam Matson and Stephen Provancher of NAI MLG have represented Oldcastle Glass Inc. in its disposition of a 29,000-square-foot industrial building located at N48 W 13334 Hampton Rd. in Menomonee Falls. ADE Electronics made an offer for the property within 3 days of it being listed and acquired the building in order to relocate its contract electronics manufacturing business into a new space.
MENOMONEE FALLS, WIS. — Milwaukee-based Colliers Barry has completed the purchase of a 29,000-square-foot industrial facility located on Hampton Road in Menomonee Falls. James Young of Colliers Barry represented the buyer, John Lin et al. The facility will be occupied by ADE Electronics. The seller was Oldcastle Glass. The purchase price was not disclosed.