DALLAS — NAI Robert Lynn has arranged the sale of an industrial property located at 119 Regal Row in Dallas. Allied Interiors acquired the 233,000-square-foot warehouse facility for an undisclosed sum. Robert Blankinship and Matt Elliott of NAI Robert Lynn handled the transaction. The name of the seller was not released.
ALTUS, OKLA. — Hobby Lobby Stores Inc. has leased 59,318 square feet of retail space within Northtown Center, located at 1700 N. Main St. in Altus. The landlord is Northtown Altus LLC. Mark Inman and Stuart Graham of CBRE’s Oklahoma City office represented the tenant in the deal.
LA HABRA, CALIF. — SBH Real Estate Group has purchased a retail property located at 250 N. Harbor Road in La Habra. Interhealth Corp. sold the property for $4.5 million, or $203 per square foot. The 22,297-square-foot property was vacant at the time of sale. Scott Hook and Dan Tyner of Hook Retail Advisors represented the buyer, while Greg Jones of Jones Real Estate represented the seller it the transaction.
PITTSBURGH — Ten-X has closed the $14.1 million sale of Comfort Inn & Suites Pittsburgh, located at 180 Gamma Drive in Pittsburgh. Additionally, the company arranged $10.5 million in financing through Deutsche Bank for the buyer, an individual investor. The hotel features 223 guest rooms with complimentary wired and wireless internet access, an indoor pool, fitness center and 24-hour business center. Paramount Lodging Advisors was engaged as the exclusive broker of behalf on the undisclosed seller and partnered with the Ten-X Commercial platform to sell the property.
NASHUA, N.H. — Linear Retail Properties has acquired two retail properties along the Daniel Webster Highway and Spit Brook Road in Nashua for $12.5 million. Old Navy and Burger King occupy the two freestanding buildings, which total 27,673 square feet. Geoffrey MIllerd and Justin Smith of Newmark Grubb Knight Frank represented the undisclosed seller, while Aubrey Cannuscio provided in-house representation for Linear Retail Properties.
NORWOOD, MASS., EAST ISLIP, N.Y., AND GREENSBURG, PA. — Horvath & Tremblay has arranged the sales of three retail assets in Norwood, East Islip and Greensburg. The firm facilitated the $1.9 million sale of a leasehold interest of TD Bank in Norwood and the $1.5 million sale of a leasehold interest of a TD Bank in East Islip. Bob Horvath, Todd Tremblay and Peter Butler of Horvath & Tremblay represented the undisclosed seller and procured the undisclosed buyer. Additionally, Horvath & Tremblay arranged the $2.1 million sale of an Applebee’s restaurant located at the Westmoreland Mall in Greensburg. Mark Brockwell, Bob Horvath and Todd Tremblay represented the undisclosed seller in the deal.
NORTH HAVEN, CONN. — O,R&L Commercial has arranged two leases at Universal Business Center, located at 222 Universal Drive in North Haven. In the first lease, Contract Callers Inc. has leased 10,200 square feet of office space at the business center. Frank Hird of O,R&L represented the landlord, Branco Inc., while Sandy Strickling of Broder Commercial represented the tenant. In the second lease, Z-Medica signed for 8,468 square feet of space at the business center. The medical device company develops hemostasis products. Hird represented the landlord, Branco Inc., while Jillian Moruzzi of CW Landmark represented the tenant.
RALEIGH, N.C. — CBRE | Raleigh has arranged the sale of Marketplace at Lake Boone, a 76,253-square-foot mixed-use development located at the intersection of Lake Boone Trail and Gateway Access Road in Raleigh. The LEED Gold- and Platinum-certified property consists of office and retail space. Tenants at the fully leased center include Ashton Woods, AT Allen Co., Sirius Computer Solutions, Greystone, Saracare, Buffalo Brothers, Guasaca, Bottle Revolution, Traditions Bridal and The Oaks. Ben Kilgore, Jim McMillan, Elliott Brewer, and Leslie Holmes of CBRE | Raleigh represented the seller, Singerman Real Estate Partners, in the disposition of the property to Houston-based Griffin Partners.
LEXINGTON, S.C. — BC Wood Properties has purchased Town Square, a Food Lion-anchored shopping center located on the corner of West Main Street and Ellis Avenue in Lexington, a suburb of Columbia. Other tenants of the 75,763-square-foot shopping center include H&R Block, Badcock Furniture, Musician’s Supply, Terry’s Barber Shop, USA Nails, U.S. Tae Kwon Do and Liquor Depot. Town Square is BC Wood’s second shopping center acquisition in South Carolina. The sales price and seller were undisclosed.
ENNIS, TEXAS — Stream Realty Partners has brokered the sale of an industrial facility located at 601 National Drive in Ennis. LSREF4 Dual LLC sold the 315,000-square-foot property for an undisclosed sum. Built in 2007, the property is fully leased to Cenveo Corp., a manufacturer of commercial printing, custom packaging, envelopes and labels. Jamie Jennings, James Mantzuranis, Caitlin Clinton and Cannon Green of Stream Realty Partners represented the seller. The name of the buyer was not released.