more_sales_and_leases

HIRAM, GA. — The Shopping Center Group has arranged Planet Fitness’ 20,000-square-foot lease at Paulding Commons, a 210,000-square-foot shopping center in Hiram, about 27 miles northwest of Atlanta. The Planet Fitness is expected to open in late 2014, while new tenants Aspen Dental and Vision Works are slated to open in the fall. The new trio of tenants will be joining established retailers Academy Sports + Outdoors and Hobby Lobby at Paulding Commons. Brett Fuller of The Shopping Center Group represented the landlord, NewQuest Epic Investments, in the lease transactions. The shopping center is currently undergoing a $2 million renovation, which is slated to wrap up in the fall.

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SPARKS, NEV. — Schnabel Ventures and its partners have acquired Kleppe-Greg Business Park, a 150,000-square-foot industrial flex business park in Sparks, for an undisclosed sum. The five-building park is located at 1215 & 1275 Kleppe Lane, 1250 & 1220 Greg Street and 1455 Deming Way. It will soon undergo a major renovation.

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DENVER — WG Enterprises LLC has acquired two industrial buildings in Denver for $3.1 million. The buildings are located at 8100-8300, 8130 and 8131 East 40th Ave. They total 18,158 square feet. WG Enterprises was represented by Greg Knott and Brad Gilpin of Unique Properties. The seller, the Duff Estate, was represented by Alec Rhodes, Tyler Smith and Aaron Valdez of Cassidy Turley.

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LAKEWOOD, COLO. — Brown and Caldwell has leased 32,925 square feet of office space in Lakewood. The space is located at 1527 Cole Blvd. The engineering firm was represented by Joe Sigdestad and Ted Harris of Cassidy Turley. The landlord, Denver West Office Leasing Company, was represented by CBRE’s Blake Harris.

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PORTLAND, ORE. — Swagelok has leased 22,500 square feet at a commerce park in Portland. The park is located at 5224 NE 158th Ave. The fluid system seller and manufacturer was represented by Niall Travers of Cresa Partners. The landlord, CWOR Commerce Park 10 LLC, was represented by Steven Klein, Peter Stalick and Zach Francis of Kidder Mathews.

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MCALLEN, TEXAS — Conn’s Inc. has signed a new lease for a 353,602-square-foot distribution center located at 6900 International Parkway in McAllen. Bob Crenshaw, Chuck Berger, David Chew and Paul Douglass of Newmark Grubb Knight Frank represented the owner, Worthington Property Investments LLC, in the negotiations. Billy Gold of CBRE’s Houston office represented the tenant. The facility is located near U.S. Expressway 83 and the Anzalduas International Trade Bridge. Conn’s is an electronics, home appliance and furniture retailer with 11 locations across Texas.

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FORT WORTH — Three national retailers have moved into Alliance Town Center, a retail center in Fort Worth owned by Trademark Property Co. Designer Shoe Warehouse (DSW), Men’s Wearhouse and Sleep Experts have all opened at the 1 million-square-foot center. DSW is leasing 15,000 square feet, Men’s Wearhouse is leasing 5,500 square feet and Sleep Experts is leasing 4,500 square feet. Alliance Town Center includes a total of more than 130 retailers, restaurants and entertainment options. Anchor tenants include Belk, Dick’s Sporting Goods, JCPenny, Best Buy, Cinemark Theaters and Kroger Marketplace.

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EL PASO, TEXAS — AIC Ventures, a private real estate investment fund manager, has acquired a 115,000-square-foot industrial facility leased to Austin Foam Plastics in El Paso. The company designs, manufactures and supplies protective packaging for product manufacturers. Sonny Brown Associates LLC represented the seller. The name of the buyer was not released.

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1-Pierce-Place

ITASCA, ILL. — Bradford Allen Realty Services has arranged the lease of a 42,435-square-foot office space for Epsilon in Itasca. The global marketing services firm is relocating to 1 Pierce Place from 1100 E. Woodfield Road in Schaumburg. The firm has 60 offices worldwide and more than 5,000 employees. With six offices in the Chicago area, the firm is consolidating its existing Schaumburg location with its office in West Chicago. Ben Azulay and Ryan Moen of Bradford Allen Realty Services represented Epsilon in the lease transaction. Azulay and Moen co-brokered the deal with John Boyle and Denise Orlando of Cassidy Turley’s Boston office. Scott Schroeder of Hamilton Partners represented building ownership.

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PLATTEVILLE, WIS. — ALTUS Commercial Real Estate Inc. has brokered the $885,000 sale of a 32-unit apartment building in Platteville. Pioneer Apartments is located at 1270 N. Second St. Dan Roseliep of ALTUS represented the buyer, Pioneer Real Estate Management LLC, and the seller, Pioneer Partnership LP.

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