Industrial

REDLANDS, CA-The third party logistics provider signs a 10-year, $25.7-million deal for 564,161 sf of space at AMB Redlands Distribution Center.

TEWKSBURY, MA-The deal boosts a submarket still flush with mid-sized commercial properties built in the last high-tech boom.

LENEXA, KS-The properties include buildings in the Southlake and Lenexa parks, and could fetch a "fair value" of $150 million.

FRANKLIN PARK, IL-The industrial building, which was constructed in 2002 and is 65% occupied, is being acquired from CenterPoint Properties.

SAN JOSE, CA-The mechanical contractor is relocating and expanding its operation to North San Jose from Menlo Park.

LAS VEGAS-Despite the region's record pace of development--deliveries this year will top 5.5 million sf--vacancy remains below optimal levels, according to a new third quarter report.

CORAL GABLES, FL-Among the issues of the second annual RealShare South Florida conference will be the flood of condominiums coming to market in the next few years.

PHOENIX-Cornerstone Real Estate Funds buys the 96%-leased Pinnacle Park Business Center II from its developer, LaPour Partners.