Falls Church, VA (October 11, 2013) – CORFAC International 2013 President Bill Hawkins, SIOR, announced today that two CORFAC International firms have represented Tucker Rocky Distributing in an expansion of its industrial facility in Jacksonville Florida.
Don Ossey, SIOR and Robbie McEachern of Portland OR-based Capacity Commercial Group/CORFAC International who exclusively represent, Tucker Rocky Distribution nationally, worked with Jacksonville based Jeff Graham, SIOR, with King Industrial Realty of Florida/CORFAC International, who managed a local facilities search and negotiated a long-term (132 months) 190,402-square-foot lease on behalf of Tucker Rocky in an industrial property located at 8700 Jesse B. Smith Court, Jacksonville, FL.
The property owner is Pattillo Industrial Real Estate, based in Stone Mountain, GA. Financial terms of the lease were not disclosed.
Tucker Rocky Distributing is a leading distributor of motorcycle and ATV aftermarket parts, accessories and apparel. The company offers tens of thousands of products from the finest brands for street, custom, touring and off-road motorcycles as well as ATV's and UTV's.
The company currently occupies 106,304 in the same business park (Westside Industrial) and the property owner is constructing more than 84,000 square feet of new space for Tucker Rocky to occupy during the first quarter of 2014. In addition, Patillo provided a 72,691 square foot temporary expansion space within Westside Industrial Park to accommodate Tucker Rocky’s immediate need for growth, making the total leased space for the transaction 263,093 square feet.
The Jacksonville lease is the second completed Tucker Rocky transaction that Ossey and McEachern have negotiated with a CORFAC affiliate this year. Earlier in 2013, the Klabin Company/CORFAC International, based in Los Angeles CA, collaborated with Stephen Haupt, SIOR a broker with Colliers International in Bakersfield to lease space for Tucker Rocky Distributing in Visalia, CA. The Visalia lease with Tucker Rocky was an extension of an existing lease and expansion and involved approximately 230,000 square feet, according to Don Ossey.
About CORFAC International
CORFAC International (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services. In association with FIABCI (the International Real Estate Federation) and global affiliates, CORFAC International offers commercial real estate services with market reach in 65 countries worldwide. In recent years, CORFAC firms have averaged over 9600 completed transactions annually totaling more than 513 million square feet worth an excess of $5.95 billion for their customers. For more information on the CORFAC network, contact 703.532.6160 or visit www.corfac.com.