Industrial

TEXARKANA, TEXAS — TexAmericas Center has signed a memorandum of understanding (MOU) with AIST Solutions, a Japanese industrial, research and engineering company, as well as AIST’s American subsidiary, to support manufacturing and business growth in Texarkana. The agreement establishes a formal working relationship that connects TexAmericas Center, which owns and operates a 12,000-acre mixed-use and industrial park of the same name near the Arkansas-Texas border, with Japanese companies exploring U.S. market entry and expansion.  

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YOUNGSVILLE, N.C. — New York City-based Link Logistics has acquired Eaton Logistics Facility, a 550,992-square-foot industrial property located at 2545 Innovation Loop in Youngsville, roughly 23 miles outside Raleigh. The facility, which was fully leased at the time of sale, features 40-foot clear heights, cross-dock configuration and direct access to U.S. Route 1. The property serves as a warehousing and distribution hub that supports manufacturing operations in the Raleigh area. JLL represented the sellers, Summit Real Estate Group and an institutional partner, in the transaction. The sales price was not disclosed.

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BELGRADE, MONT. — A local developer has completed the sale of At Home Storage, a self-storage facility in Belgrade, approximately 10 miles northwest of Bozeman, to Storage Rentals of America for an undisclosed price. Mason Gates and Bend Tracy of Matthews represented the seller and sourced the buyer in the transaction, with Brian Brockman serving as broker of record. Developed in four phases beginning in 2021, the property features 95,660 net rentable square feet across 601 self-storage units on 7 acres. The asset is located at 1205 Rizzo Lane.

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HOUSTON — Colliers has brokered the sale of Northwest Technical Center, an 80,392-square-foot industrial complex located at 5201–5291 Langfield Road in northwest Houston. Ben Condara and Jon Lindenberger of Colliers represented the undisclosed seller in the transaction. The buyer, local investment firm Pine Ridge Real Estate, plans to make both interior and exterior capital improvements to the property and has also retained Colliers as the leasing agent.

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SWEETWATER, TENN. — The Hollingsworth Cos. plans to break ground on SouthPoint Business Park, a 150-acre industrial park in Sweetwater, a city in East Tennessee located in Monroe and McMinn counties. The park will be situated off I-75 on Exit 60 and comprise 12 single-tenant industrial facilities. The first phase features two buildings that are being built on a speculative basis and are set for completion in 2027. The Hollingsworth Cos. is headquartered in Clinton, Tenn., and has developed several SouthPoint-branded business parks across the Southeast. The developer will hold an official groundbreaking ceremony on Monday, Oct. 19 along with U.S. Sen. Bill Hagerty (R-Tenn.), U.S. Sen. Marsha Blackburn (R-Tenn.) and Congressman Chuck Fleischmann (R-Tenn.). An entity doing business as Sweetwater Development LLC is listed as the “property developer” for SouthPoint Business Park, while Hollingsworth is serving as the “facility developer.”

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JONESBORO, ARK. — SANY Nutrition Group, a family-owned-and-operated food manufacturer based in Jonesboro, has launched its new production facility in its home market. The 89,100-square-foot factory, located at 9401 E. Highland Drive in Jonesboro, was formerly operated by Butterball. From the newly retrofitted plant, SANY Nutrition Group is launching its flagship snack platform, Beyond Resilience, with plans to produce 500 million snack products annually. SANY’s Beyond Resilience Protein Crunch Bar is available now at Walmart stores nation-wide as well as online, and SANY plans to sell the crunch bar at additional retailers in the near future, as well as the company’s line of Crunch Pops, Prookies, Giant Clusters, Brittles, Fro-Bite and Vitamin Splash products. In addition to the factory, SANY purchased additional land surrounding the factory for future expansion opportunities.

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MINE HILL, N.J. — Amazing Savings has signed a 173,475-square-foot industrial lease in the Northern New Jersey community of Mine Hill. The discount retailer is taking space at Spring Brook Commerce Center, a newly constructed, 393,335-square-foot building located at 128 Iron Mountain Road. Tom Consiglio and Scott Peck of Resource Realty of Northern New Jersey represented the tenant in the lease negotiations. Drew Maffey, Rick Marchisio, Will Ziegler, Joseph Komitor and Matt Esposito of Lee & Associates represented the landlord, Brookfield Properties.

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PHOENIX — Los Angeles-based Sierra Ridge Capital has acquired 3137 East Elwood Street, an industrial property in Phoenix, from Arizona-based 3137 East Elwood LLC for $31 million. Gary Cornish, Nico Burgarello, Barry Gabel, CJ Osbrink and Chris Marchildon of Newmark represented the seller in the deal. Built in 1995 and renovated in 2026, the 123,032-square-foot property features a clear height of 22 feet, 10 oversized grade-level loading doors, one truckwell, secure yard space, heavy power capacity and full HVAC coverage. Situated on 9.8 acres in Phoenix’s Southbank Business Park, the property was fully leased to three tenants at the time of sale.

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PLAINFIELD, IND. — Electric Plus, an Indiana-based electrical contractor, has purchased a 500,192-square-foot industrial facility in Plainfield as part of a headquarters relocation. Jason Speckman of Colliers represented the company in the $38.6 million acquisition of the property at 501 Airtech Parkway. The asset is within the Airtech business park and features cross-dock loading, a clear height of 30 feet, a temperature-controlled warehouse, extensive power resources and ample parking. Since its founding in 2006, Electric Plus has grown from three employees to more than 950 employee-owners serving clients across Indiana and beyond. The company will relocate its headquarters from Avon to Plainfield. As part of the acquisition, approximately 115,000 to 265,000 square feet will be available for lease, with Speckman leading leasing efforts.

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GLENVIEW, ILL. — Owner Dermody has inked two new leases at The Logistics Campus in Glenview. LSL Industries LLC has leased 81,225 square feet of Building 4, and S&C Electric Co. has fully leased Building 5, a 295,278-square-foot facility. Positioned just north of Chicago O’Hare International Airport, The Logistics Campus will total more than 3.2 million square feet of Class A logistics space upon completion. Ten buildings are planned for the development. LSL Industries is an Illinois-based manufacturer of disposable medical devices, surgical procedure kits and hospital supplies. S&C Electric is a Chicago-based global provider of technology and services for electric power systems. Suzanne Serino, Jonathan Kohn and Christopher Volkert of Colliers represented Dermody in the leases. Sam Badger and David Prell of CBRE represented LSL. Sally Macoicz, Matthew Saddler and Christopher Johnke of Cushman & Wakefield represented S&C. Three remaining spaces at The Logistics Campus are available for occupancy ranging from 66,000 to 160,000 square feet. Phase I is complete, and Phase II includes 77 acres of fully entitled, shovel-ready property.

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