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Representative imageOxford Partners Negotiates 21,806 SF Industrial Lease in Northwest HoustonHOUSTON — Local brokerage firm Oxford Partners has negotiated a 21,806-square-foot industrial lease in northwest Houston. According to LoopNet Inc., the building at 13719 FM 529 features 28-foot clear heights and 4,275 square feet of office space.
LDK Ventures Acquires 300,564 SF Industrial Building in RenoRENO, NEV. — LDK Ventures has completed the purchase of Reno Distribution Center, an industrial property located at 4910 Longley Lane near the Reno-Tahoe International Airport in Reno. Eric Bennet and Tomi Jo Lynch of CBRE brokered the acquisition.
Owner/User Pays $28M for Compton WarehouseThe Klabin Company/CORFAC International represented CSME Partners LLC in the $28.1-million sale of an 83,527-square-foot industrial building at 1800 S. Anderson Ave. in Compton. The buyer, Yuejie, Inc., will utilize the property for warehouse and distribution services.
Tacoma Public Schools Acquires Two-Building Industrial Property in Washington for $12.1MTACOMA, WASH. — Tacoma Public Schools (TPS) has purchased a two-building industrial property in Tacoma from Broadstone Cable LLC for $12.1 million. Located at 4401 S. Orchard St. on 6.1 acres, the asset offers 86,000 square feet of industrial space.
Developer Picks Up Concord Site for 8-Building Industrial ParkMcCraney Property Co. closed on the acquisition of 55 acres at 4518 Davidson Highway. The parcel sold for $5.45 million. The West Palm Beach developer partnered with Shoreline Capital to acquire the site. The buyers bought the site from American Asset Corp.
Lincoln, Principal Purchase Land Near Nashville Airport, Plan 167,133 SF Industrial ProjectNASHVILLE, TENN. — Lincoln Property Co. and Principal Asset Management have purchased a 13.5-acre site at 41 Rachel Road in Nashville.
ViaWest Group, Walton Street Capital Sell Farmer Industrial Center in Tempe for $24.5MTEMPE, ARIZ. — ViaWest Group and Walton Street Capital have completed the disposition of Farmer Industrial Center, a two-building industrial park in Tempe. Speed Bay acquired the asset, located at 9185 and 9245 S. Farmer Ave., for $24.5 million.
CIRE Equity Pays $116M for Industrial Campus in L.A.’s San Fernando ValleyA San Diego-based private equity firm has closed on two adjacent industrial buildings that are fully leased in one of Southern California’s tightest industrial submarkets.
CSME Partners Sells 83,527 SF Industrial Building in Compton, CaliforniaCOMPTON, CALIF. — CSME Partners LLC has completed the disposition of an industrial property located at 1800 S. Anderson Ave. in Compton. Yueji Inc. acquired the asset in a transaction valued at $28.2 million.
SparrowHawk Acquires 750K-SF Warehouse in Kansas CitySparrowHawk has acquired a 100% leased, 764,735-square-foot warehouse building at 31450 W. 196th Street in Edgerton, Kansas.
Representative imageVelocis Sells 270,000 SF Industrial Property in Bee Cave, TexasBEE CAVE, TEXAS — Velocis, a Dallas-based investment and development firm, has sold West Austin Business Park, a 270,000-square-foot industrial property in Bee Cave, a western suburb of Austin.
APG Buys 250,000 SF North 70 Distribution Center in DurhamDURHAM, N.C. — Atlanta Property Group (APG) has acquired North 70 Distribution Center, a 250,000-square-foot, vacant distribution facility located at 224 N. Hoover Road in Durham. This acquisition marks APG’s first industrial investment in the Durham submarket.
Clear Height Completes Disposition of Elk Grove Village Industrial PropertyClear Height Properties and its joint venture partner Harbert Management Corporation announced the disposition of Triangle Corporate Center, a multi-tenant flex industrial property located at 1400 Elmhurst Road in Elk Grove Village, Illinois.
Colliers Closes Sale of 748K-SF Industrial Facility Near KC AirportColliers has completed the sale of a 748,833-square-foot, modern bulk industrial facility located at 4400 State Route 92 in Platte City, Missouri, within the Kansas City MSA.
Representative imageBGO Pays $270M for 1 MSF Industrial AssetJLL Capital Markets arranged the acquisition loan. The post BGO Pays $270M for 1 MSF Industrial Asset appeared first on Commercial Property Executive.
CIRE Equity Acquires 307,883 SF Roscoe Woodley North LA Industrial Campus in Van Nuys, CaliforniaVAN NUYS, CALIF. — CIRE Equity has purchased Roscoe Woodley North LA Industrial Campus, a fully leased industrial property in Van Nuys. Terms of the transaction were not disclosed. Located at 8201-8221 Woodley Ave.
Representative imageBradford Arranges Sale of 124,380 SF Industrial Building in Metro Fort WorthNORTH RICHLAND HILLS, TEXAS — Bradford Commercial Real Estate Services has arranged the sale of a 124,380-square-foot industrial building in North Richland Hills, a northeastern suburb of Fort Worth.
Representative imagePartnership Buys 50,112 SF Industrial Park in Euless, TexasEULESS, TEXAS — A partnership between California-based investment firm Birtcher Anderson & Davis and Baltimore-based ABR Capital Partners has purchased a 50,112-square-foot industrial park in Euless, located near DFW International Airport.
Amazon Buys 143-Acre Industrial Development Site in Florida, New YorkFLORIDA, N.Y. — Amazon has purchased a 143-acre industrial development site in Florida, located about 65 miles northwest of New York City near the New York-New Jersey border. The fully entitled site is located along State Highway 5 and has all major utilities already in place.
Representative imageCushman & Wakefield Negotiates 973,200 SF Industrial Lease in Morrisville, PennsylvaniaMORRISVILLE, PA. — Cushman & Wakefield has negotiated a 973,200-square-foot industrial lease in Morrisville, located near Trenton along the New Jersey-Pennsylvania border. The tenant is an undisclosed provider of warehouse services.