Once the remaining space is leased, the company will have closedthe books on this trio of industrial space. Crossroads III, one ofthe sister sites, has already fully leased its 215,000 sf. Thecompany recently sold Crossroads II, the third facility which isalso approximately 215,000 sf, for $84 per sf, according to LincolnProperties' Merrill Turnbull, who represented the company in thelease transactions for Crossroads I, along with colleague WillMcCullough.

Crossroads I has been empty since the facility delivered,Turnbull tells GlobeSt.com. "Recently, though, we have inked twoquality leases with investment credit tenants," he says. This monththe company revealed it has signed a contract with Lagasse Inc. for111,360 sf at the building, located at 7481 Coca Cola Dr. Then thefirm revealed it signed on Bunzl Distribution Group to occupy128,841 sf at Lincoln Crossroads I, which sits at the intersectionof Route 100.

John Childs with Jones Lang LaSalle represented Lagasse in thatdeal. Rick Latini of Colliers Pinkard represented Bunzl The askingrate for the remaining space is $5.50 per sf, shell, Turnbull says.Lincoln Crossroads II, which traded for approximately $18 million,was sold to an Asian food distributor, he adds.