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Industrial: deals – page 26
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Pacific Coast Commercial Brokers $10M Sale of Pioneer Business Park in El Cajon, CaliforniaEL CAJON, CALIF. — Pacific Coast Commercial has arranged the sale of Pioneer Business Park, a multi-tenant industrial facility in El Cajon. Paradise Properties of East County LLC purchased the property from Brown Trust for $10 million.
Terrace Group, Midloch Investment Partners Buy 270,022 SF Industrial Business Park Near MinneapolisFRIDLEY, MINN. — The Terrace Group has acquired River Tech Workplace in the Minneapolis suburb of Fridley. Midloch Investment Partners is the equity partner in the acquisition. The four-building flex industrial park totals 270,022 square feet and is situated on nearly 20 acres.
Praelium Buys 17-Building R&D Portfolio Near Santa Barbara for $235MIrvine-based investment firm Praelium Commercial Real Estate has acquired a 17-building, 733,497-square-foot office, industrial and R&D portfolio in Goleta, Calif., just west of Santa Barbara, for $235 million, according to PropertyShark records.
Representative imageAvison Young Negotiates 88,601 SF Industrial Lease in Northwest HoustonHOUSTON — Avison Young has negotiated an 88,601-square-foot industrial lease in northwest Houston. The tenant is oilfield equipment supplier STATS International, and the deal is for the entirety of Building U within the development at 6401 N. Eldridge Parkway.
Kidder Mathews Brokers $14.9M Sale of Fully Leased Industrial Building in Burbank, CaliforniaBURBANK, CALIF. — Kidder Mathews has arranged the sale of an industrial property located at 2231-2249 N. Hollywood Way in Burbank. A family-owned investment company sold the building to a local private investor for $14.9 million.
Clear Height Properties Completes Disposition of IL Industrial PropertyClear Height Properties and its investment partner, ICP Funds, announced the disposition of 2055 Army Trail Road, a multi-tenant shallow-bay industrial business park located in Addison, Illinois.
BKM Pays $43M for NW Phoenix Business ParkBKM Capital Partners (BKM) acquired Northwest Business Park in Phoenix for $43 million. The acquisition was completed on behalf of BKM Industrial Value Fund III.
Cushman & Wakefield Brokers $81M Sale of South Florida Industrial PortfolioLAUDERDALE LAKES AND LAUDERHILL, FLA. — Cushman & Wakefield has brokered the $81 million sale of an industrial portfolio in South Florida’s Broward County.
Sword Industrial Partners Buys 261,692 SF Park in Northeast TulsaTULSA, OKLA. — Sword Industrial Partners, an affiliate of Fort Worth-based MAG Capital Partners, has purchased Braniff Park West, a 261,692-square-foot property in northeast Tulsa. The sales price was $20 million.
DAUM Commercial Brokers Sale of 12,892 SF Warehouse in Canoga Park, CaliforniaCANOGA PARK, CALIF. — DAUM Commercial Real Estate Services has directed the sale of a warehouse building located at 805 Deering Ave. in Canoga Park. Chatsworth, Calif.-based Oak Cabessa of MAKS Enterprises acquired the property from 8015 Deering LLC for $3.8 million.
Representative imageNorthBridge Buys Broward County Industrial Portfolio for $82MNorthBridge Partners paid $81.5 million for three warehouses in Lauderhill, Fla., property records show. The portfolio, which was built in the 1970s, totals 359,262 square feet and sits within the Elevate Broward industrial park.
Representative imageForza Properties Acquires Two Small-Bay Industrial Buildings Near Sacramento for $9MSACRAMENTO AND CARMICHAEL, CALIF. — Forza Properties has purchased two industrial properties for a combined $9 million. Matt Post, Anthony DeLorenzo and Sammy Cemo of CBRE represented the two sellers, 5753 Auburn Blvd LLC and MCA IGF Carmichael LLC, in the transactions.
Representative imageLee & Associates Brokers $2.3M Sale of 7,770 SF Multi-Tenant Industrial Building in Norwalk, CaliforniaNORWALK, CALIF. — Lee & Associates has arranged the sale of a multi-tenant industrial building located at 13820 Shoemaker Ave. in Norwalk. Parsons sold the property to Rosecrans Associates, an investment buyer, for $2.3 million.
Representative imageMarcus & Millichap Brokers Sale of 33,762 SF Industrial Building in Northeast PhiladelphiaPHILADELPHIA — Marcus & Millichap has brokered the sale of a 33,762-square-foot industrial building in northeast Philadelphia.
Graceada Acquires Fresno Small-Bay Portfolio with Upside PotentialNewmark arranged the sale of Shaw Commerce Center, a premier shallow-bay industrial portfolio located at 4603 N Brawley Ave and 4055-4069 W Shaw Ave in Fresno. Executive managing director Andrew Briner, associate director Aaron Banks, co-head of U.S.
Representative imageJLL Negotiates Sale of 127,626 SF Industrial Portfolio in Northwest HoustonHOUSTON — JLL has negotiated the sale of the Northwest Houston Manufacturing Portfolio, a collection of four single-tenant industrial buildings totaling 127,626 square feet. The buildings were all constructed between 2000 and 2005 and feature an average clear height of 24.5 feet.
Representative imageHunneman Negotiates 42,060 SF Lease at Flex Building in Wilmington, MassachusettsWILMINGTON, MASS. — Regional brokerage firm Hunneman has negotiated a 42,060-square-foot lease at a flex building in the northern Boston suburb of Wilmington.
Representative imageJLL Arranges 146,442 SF Industrial Lease in North HoustonHOUSTON — JLL has arranged a 146,442-square-foot, full-building industrial lease in North Houston.
Tustin Legacy Industrial Trades to Private Investor in Sale-LeasebackVoit Real Estate Services recently closed the $22,250,000 sale-leaseback of a 55,022-square-foot industrial trophy asset located in the Tustin Legacy District.
Colliers Negotiates 1 MSF Industrial Lease in Northlake, TexasNORTHLAKE, TEXAS — Colliers has negotiated a 1 million-square-foot industrial lease in Northlake, located north of Fort Worth. The tenant is DSV Contract Logistics, and the deal is for the entirety of Building 1 within Northlake 35 Logistics Park.