Lease to Ambassador Medical
Verus Partners and MetLife are pleased to announce a lease for 45,000 square feet to Ambassador Medical, a GE Healthcare Company, at Saxony Corporate Campus Building 100 in Nobelsville, Indiana. Todd Vannatta and John Crisp, CTMT represented Ambassador Medical. Jeremy Woods, Summit Realty Group represented building ownership.
For more information contact Tom Theobald, 317-566-2104.
 
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Calgary portfolio sale
Verus Partners and SITQ are pleased to announce the sale of the Calgary industrial portfolio, consisting of five "Class A" quality buildings totaling approximately 650,000 square feet to Tonko Realty Advisors acting on behalf of HOOPP Realty. CB Richard Ellis Ltd. arranged the transaction on behalf of ownership.
For information contact Paul Derksen, 403-538-5443
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Toronto portfolio sale
Verus Partners and SITQ are pleased to announce the sale of Milton Crossings Business Park, a 660,000 square foot portfolio of Class A warehouse distribution space located in the Toronto area to an affiliate of AMB. CB Richard Ellis Ltd. arranged the transaction on behalf of ownership.
For information contact Chris Broccolo, 847-447-5024
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Lease with Pitney Bowes
Verus Partners and MetLife are pleased to announce a lease for 182,000 square feet with Pitney Bowes, Inc. at 5100 Indianapolis Boulevard, Whitestown, Indiana. This facility is the result of relocation and consolidation of several operations, including the main supply and return hub for Pitney Bowes postage metering equipment. The facility will employ 150 members. Andrew Morris and Jeremy Woods, Summit Realty Group represented Pitney Bowes. Jeff Castell and Luke Wessel of CTMT represented building ownership.
For more information contact Tom Theobald, 317-566-2104.
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Build-to-suit for VF Imagewear - Majestic Athletics
Verus Partners and Cabot Partners are pleased to announce they have been selected by VF Imagewear - Majestic Athletics to design, build and lease a 358,875 square foot manufacturing/warehouse facilty on a 40-acre site in Palmer Township, Pennsylvania. VF Corporation is a leader in branded lifestyle apparel, including jeanswear, outdoor products, image appareal, sportswear, and contemporary apparal brands. Bill Wolf and John More, CB Richard Ellis, along with Wayne Troxler from Guilford Realty arranged the transaction on behalf of VF.
For information contact Elky Wetherill, 484-875-3105
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Construction completed on 840 Business Center
Verus Partners and MetLife are pleased to announce the completion of construction of 840 Business Center, a 436,800 square foot bulk warehouse and distribution faciltiy located along Interstate 840 in the east indusitral submarket of Nashville, Tennessee. Doug Howard and John Ward, CTMT Nashville, are the leasing agents.
For information contact Tom Theobald, 317-566-2104.
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176 acres acquired in Whitestown, IN
Verus Partners and MetLife acquired 176 acres along Interstate 65 to develop Corridor 65 Business Center in the fast growing northwest industrial submarket of Indianpolis, Indiana. The park is designed for large bulk warehouse and distribution users serving the regional and national marketplace.
For information contact Tom Theobald, 317-566-2104
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New construction in York, PA
Verus Partners and AEW Capital Management acquired 50 acres in York, Pennsylvania and commenced construction of a 624,000 square foot, cross dock, bulk warehouse and distribution building. Gerry Blinebury, Jeff Williams and Steve Cooper of Cushman & Wakefield are the leasing agents.
For information contact Elky Wetherill, 484-875-3105
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240 acres acquired in Joliet, IL
Verus Partners and MetLife have acquired 240 acres along the east side of IL Route 53, approximately 3 miles south of Interstate 80. The site is conveniently located near the BNSF Logistics Park Chicago, one of the largest intermodal facilities in North America. The site will accommodate nearly 3 million square feet of industrial and commercial development. Traci Buckingham and John Suerth, CB Richard Ellis will be the marketing agents.
For information contact Chris Broccolo, 847-447-5024.
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Foothills Industrial Centre 100%leased.
Verus and SITQ are pleased to announce leases for 100% of the space available at Foothills Industrial Centre, a 111,000 square foot office warehouse facility recently completed in the Foothills (Southeast) industrial submarket of Calgary, Alberta. Steve Lelever, Cushman Wakefield LePage is the leasing agent.
For information contact Paul Derksen, 403-538-5443.
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130 acres acquired in northwest Edmonton
Verus Partners and ING Real Estate Canada are pleased to announce the acquisition of 130 acres in the Northwest industrial submarket of Edmonton, Alberta. The site is located along 170th Street immediately north of the Yellowhead freeway. Approximately 1.7 million square feet of industrial and commerical development is planned.
For information contact Paul Derksen, 403-538-5443.
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Construction, 100% leasing completed on 50th Street, Edmonton.
Verus Partners and ING Real Estate Canada are pleased to announce the completion of construction and 100% leasing of the 50th Street Industrial Centre, a 194,000 square foot industrial development located in Edmonton's Southeast industrial submarket.
For information contact Paul Derksen, 403-538-5443.
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500,000 square feet of leasing completed at Milton Crossings.
Verus is pleased to announce leases totaling 500,000 square feet completed at Milton Crossings Business Park, Milton, Ontario. Princess Auto signed a long-term lease for 160,000 square feet, joining Reckitt Benckiser with 191,000 square feet in Building A, now 100% leased. Coremark International signed a long-term lease for 150,000 square feet in Building B, now 50% leased. The project is a joint venture with SITQ. Gil Gordon, Cushman & Wakefield LePage is the leasing agent.
For information contact Chris Broccolo, 847-447-5024.
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24 acres acquired in Louisville.
Verus Partners has acquired 24 acres in the prestigious Riverport development in Louisville, Kentucky. Verus plans to construct a 372,600 square foot cross-dock warehouse and distribution facility begining in 2008. Phil Charmoli, Commerical Kentucky is the leasing agent.
For information contact Tom Theobald, 317-566-2104.
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Verus, SunLife acquire 140 acres in south Edmonton.
Verus and SunLife are pleased to announce the acquisition of 140 acres along QE-2 Highway in south Edmonton. The property is located in the Ellerslie Industrial Area along 41st Street, adjacent to the new CP intermodal yard. The site will accomodate 1.7 million square feet of industrial and commercial space.
For information contact Paul Derksen, 403-538-5443.
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Construction completed of office for Procter & Gamble.
Verus is pleased to announce completion of construction of a 62,610 square foot office building for Procter & Gamble in Fayetteville, Arkansas. The building is located on the north side of Fayetteville, conveniently located to Interstate 540, the University of Arkansas, and WalMart's corporate headquarters. Bob Ryan, CTMT Cincinnati arranged the transaction on behalf of P&G.
For information contact Tim McEnery, 847-447-5025.
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Construction completed of Gateway Distribution Center.
Verus has completed construction of Gateway Distribution Center in Charlotte, North Carolina, a 168,000 square foot office warehouse facilty located in the southwest area of Charlotte. Recall has entered into a lease for 48,000 square feet, leaving 120,000 square feet available for lease. Lawrence Shaw, Clarus Properties is the leasing agent.
For information contact Chris Broccolo, 847-447-5024.
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Construction started on Jessup Lot 10.
Verus Partners and MetLife are pleased to announce construction has started on Jessup Small Business Center Lot 10, a 130,000 square foot office warehouse facility located in the Valley View Business Park near Scranton, Pennsylvania. This is the second project by Verus in this park. The first building, totaling 166,500 square feet is 100% leased. Bill Wolf, CB Richard Ellis is the leasing agent.
For information contact Elky Wetherill, 484-875-3105.
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Construction completed of Saxony 100; 88% leased.
Verus has completed construction of the first phase of Saxony Corporate Campus, Nobelsville, Indiana. Building 100 is 90,400 square feet. Weaver Popcorn, Rock Tops and Ambassador Medical have leased approximately 88% of the space. Jeremy Woods, Summit Realty Group is the leasing agent.
For information contact Tom Theobald, 317-566-2104.
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Construction completed on 500 Independence Drive.
500 Independence Drive is a 342,500 square foot bulk warehouse distribution facility developed by Verus and MetLife. Construction was completed in the spring of 2007. The project was sold to AEW Capital Management in a transaction arranged by Pat Lafferty, CB Richard Ellis.
For information contact Elky Wetherill, 484-875-3105.
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Construction completed at 19 Aero Drive in Calgary, Alberta
Verus Partners and SITQ are pleased to announce construction has been completed on the second phase of Deerfoot South Trade Park, a 352,000 square foot development adjacent to the Calgary Airport in the northeast industrial submarket of Calgary. The first building totaling 180,000 square feet is 100% leased to Supply Chain Management. The second building, 19 Aero Drive offers 172,000 square feet.
For information, please contact Paul Derksen, 403-538-5443.
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Eastlake Industrial Centre is 100% leased.
Verus Partners Canada and SITQ are pleased to announce leases totaling 100% of the space at Eastlake Industrial Centre, Calgary, Alberta, a 185,000-square-foot prestige industrial development completed in 2006. Gentek joins PPG Canada, Tyco Health Services, Now Health Group, Stevens Dufour Floor Coverings, Good Water Warehouse, Fairview Fittings and Summit Salon Services.
For information, please contact Paul Derksen, 403-538-5443.
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300 acres acquired in Calgary, Alberta
Verus Partners Canada and ING Real Estate Canada are pleased to announce the formation of a joint venture to develop Saddleridge Business Park, 300 acres adjacent to the Calgary International Airport that will be developed with over 3,500,000 square feet of prestige office, industrial, warehouse and distribution space.
For information, please contact Paul Derksen, 403-538-5443.
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Verus completes 100% leasing at Jessup Small Business Center
Verus Partners is pleased to announce leases for 100% of the building at the Jessup Small Business Center in Jessup, Pennsylvania. Specialty Defense Systems, a division of Armor Holdings Aerospace and Defense Group, signed a long-term lease for 100,000 sf, and BAX Global signed a lease for 66,500 sf. Bill Wolf with CB Richard Ellis represented ownership.
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32 Acres Acquired for Industrial Development in Milton, Ontario
Verus Partners and ING Real Estate Canada are pleased to announce the acquisition of 32 acres in the Town of Milton, Ontario, Canada. The site can accomodate as much as 500,000 square feet of bulk distribution space. The site offers existing rail access, and M-2 zoning permitting outside storage.
For information contact Chris Broccolo, 847-447-5024.
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