Jon Napper, managing partner of locally based CourtlandDevelopment Co., brokered the sale on behalf of the park's jointventure partners, Courtland and Sacramento-based PanattoniDevelopment Co. It's not commonplace for the JV to sell its dirtalthough it did sell 80 acres earlier this year to anothercorporation. "It happened to be a good opportunity," Napper tellsGlobeSt.com, adding it took six months to get the Carpenter dealclosed.

Carpenter Co.'s local division is housed at 4443 Bronze Way plusit has a subsidiary, Energy Products Corp., in additional leasedspace at 7557 Rambler Rd., both in Dallas. Jerry Alexander,principal in NAI Huff Partners in Fort Worth, represented the buyside, which is a 50-year-old manufacturer of polyurethane foam,processed polyester fiber and related products with operations inCanada, Europe and 16 US states. Courtland's Lisa Brinser teamedwith Napper for the sale talks. The deal is believed to have topped$3 per sf based on other recent sales in immediate area.

Carpenter's ready-to-go development site fronts Mountain CreekParkway, tucked between locally based American Leather Co.'s220,000-sf warehouse at 4501 Mountain Creek Pkwy. and Pacoima,CA-headquartered Strategic Partners Inc.' 265,400-sf distributioncenter at 4715 Mountain Creek Pkwy. A Carpenter spokesman says thebuild-out plan is still being formulated, but did confirm thatexpansion is on the horizon.