ROSHARON, TEXAS — SurePoint Development has broken ground on a 758-unit self-storage facility in Rosharon, located south of Houston. The site is located along FM 521 just south of Sienna Parkway, and the facility will total approximately 95,000 net rentable square feet of space. Completion is slated for next spring. The facility will be the eighth in the greater Houston area for SurePoint, which also plans to begin construction of two other facilities in the region next spring.
HUMBLE, TEXAS — Dallas-based STAG Industrial has acquired PortNorth 59, a 462,250-square-foot logistics facility in Humble, a northeastern suburb of Houston. The cross-dock facility sits on a 22.2-acre site and was completed in late 2024. Building features include 36-foot clear heights, 84 dock doors, four drive-in doors, 17,984 square feet of office space and parking for 231 cars and 101 trailers. PortNorth 59 was fully leased to two tenants at the time of sale. Trent Agnew, Charles Strauss, Lance Young, Brooke Petzold and Dawson Hastings of JLL represented the seller, Phelan Bennett Development, in the transaction.
FORT WORTH, TEXAS — UniWell Laboratories LLC has signed a 36,020-square-foot industrial lease expansion in Fort Worth. The manufacturer of pharmaceutical products now occupies 166,149 square feet at the building at 14801 Sovereign Road, which is located on the city’s east side, just south of DFW International Airport. Charles Brewer of Savills represented the tenant in the lease negotiations. Adam Brown of NAI Robert Lynn represented the landlord, ML Realty Partners.
GRANBURY, TEXAS — Locally based investment firm Skywalker Property Partners has purchased a 35,000-square-foot industrial facility in Granbury, located southwest of Fort Worth. The property consists of two buildings on a 5.3-acre site that were fully leased at the time of sale. Parker LanCarte and Sarah LanCarte of LanCarte Commercial represented the undisclosed seller in the transaction. Jack Mock represented Skywalker on an internal basis.
WHIPPANY, N.J. — Boston-based development and investment firm Marcus Partners has broken ground on an office-to-industrial conversion project in Whippany, located in Northern New Jersey. The project will convert a 40,000-square-foot vacant office building that sits on a 6.6-acre site at 35 S. Jefferson Road into a 72,000-square-foot logistics facility with a clear height of 36 feet. Truist Bank is financing the project, which is expected to be complete in the third quarter of 2026. JLL arranged the construction debt.
LEBANON, TENN. — Stream Realty Partners has broken ground on Central Pike, a two-building industrial development in Lebanon that will span approximately 1.1 million square feet. The property is situated on an 89.2-acre site in Wilson County, roughly 30 miles east of Nashville, with immediate access to Tennessee State Route 109 and I-840. Building A at Central Pike will be a 355,982-square-foot, cross-dock facility with a 130-foot truck court, 80 trailer parking spaces, 40-foot clear heights and an ESFR sprinkler system. Building B will total 724,146 square feet and also include a cross-dock configuration, 130-foot truck court, 177 trailer parking spaces, 40-foot clear heights and an ESFR system. Rob Lowe, Dale Todd, Drue Stoehr and Mitch Kingsley of Stream Realty Partners are spearheading the development of Central Pike, the firm’s first industrial project in the metro Nashville market. Cushman & Wakefield is handling the leasing assignment, and Mycon Construction is serving as the project’s general contractor. Central Pike is slated to come on line in first-quarter 2027.
FONTANA, CALIF. — JLL Capital Markets, on behalf of of REDA and a commingled fund managed by Clarion Partners, has arranged the sale of 11119 Juniper Avenue, a Class A distribution facility in Fontana. Terms of the transaction were not released. Cencora (formerly AmerisourceBergen Drug Corp.) leases the 436,424-square-foot Class A center on a long-term basis. Patrick Nally, Makenna Peter and Evan Moran of JLL represented the seller in the deal. Cody Clayton and Patrick Wood of JLL handled leasing of the asset. Bruce Ganong, Peter Thompson and Taylor Gimian of JLL secured acquisition financing for the undisclosed buyer.
ITASCA, ILL. — The RDI Group, a manufacturer of engineered systems for the roofing, construction, power, metal coil processing and medical industries, has leased a 25,141-square-foot industrial building at 1070 W. Ardmore Ave. in Itasca. Jeff Janda and Chris Nelson of Lee & Associates of Illinois represented the owner, Town & Country Distributors, as well as the tenant. The facility will serve as a satellite warehouse for RDI Group’s primary location at 1025 W. Thorndale Ave. in Itasca.
FORT WORTH, TEXAS — Bradford Commercial Real Estate Services has arranged the sale of a 68,080-square-foot, vacant industrial building in North Fort Worth. The building was constructed in 1981 on a 3.9-acre site at 2500-2536 N.E. Loop 820 and can accommodate a single or multiple users. Todd Lambeth and Richard Hitz of Bradford represented the seller, an entity doing business as Direct Investment Ltd., in the transaction. The buyer, Dallas-based CanTex Capital, has also retained Bradford as the leasing agent.
GRANBURY, TEXAS — Locally based investment firm Skywalker Property Partners has purchased a 60,000-square-foot industrial facility in Granbury, located southwest of Fort Worth. Old Granbury Industrial Park consists of 11 buildings on a 9.3-acre site that were fully leased at the time of sale. Trevor Short of Trinity Real Estate Investment Services represented the undisclosed seller in the transaction. Jack Mock represented Skywalker on an internal basis.
