Thursday, April 9, 2026
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Industrial

Gateway-Quads-Mesa-AZ
ArizonaIndustrialLoansWestern

Gantry Secures $18M in Financing for Gateway Quads Industrial Property in Mesa, Arizona

by Amy Works

MESA, ARIZ. — Gantry has secured an $18 million permanent loan as construction takeout financing following the development and lease-up of Gateway Quads, an industrial park in Mesa. Located at 8150 E. Germann Road, the four-building, multi-tenant asset features 122,720 leasable square feet. The 30,680-square-foot buildings are each divisible to 7,600 square feet with 24-foot clear heights, truck well and grade-level loading, 1,200 amps of 480V and secured by 180-foot truck courts. Tim Storey, Chad Metzger and Andrew Christopherson of Gantry represented the borrower, a private real estate investor. The 10-year, nonrecourse, fixed-rate loan was provided by one of Gantry’s correspondent insurance company lenders. The loan features partial-term interest-only payments transitioning to 30-year amortization. Gantry will service the loan for its correspondent.

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AcquisitionsIndianaIndustrialMidwest

Colliers Brokers Sale of 554,228 SF Distribution Facility in Greenfield, Indiana

by Kristin Harlow

GREENFIELD, IND. — Colliers has brokered the sale of 70 Connect II, a 554,228-square-foot distribution facility in Greenfield within the Indianapolis Mount Comfort submarket. Alex Cantu, Alex Davenport, Jeff Devine, Steve Disse, Tyler Ziebel, Cam Kucic and Korey Ryan of Colliers represented the seller, Lauth Group Inc. Delivered in 2022, the property is fully leased to Yusen Logistics, a global third-party logistics provider and wholly owned subsidiary of Nippon Yusen Kabushiki Kaisha. The facility features a clear height of 36 feet, 60 dock-high doors, four drive-in doors, a 140-foot truck court and trailer and automobile parking. The buyer was Hillwood.

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AcquisitionsIndustrialTexas

Dalfen Industrial Acquires 1.4 MSF Portfolio in Dallas, Midwest for $207.5M

by Taylor Williams

DALLAS — Locally based investment firm Dalfen Industrial has acquired a portfolio of 19 industrial properties totaling approximately 1.4 million square feet, the majority of which (13) are located in the Dallas area. The sales price was $207.5 million. The other six properties are scattered across Midwestern markets, including Chicago, Cincinnati and Indianapolis. The Dallas properties are located in submarkets such as Plano, Valwood and the Great Southwest. The portfolio was 93 percent leased to 48 tenants at the time of sale. Jack Fraker, Dom Espinosa and Travis McEldowney of Newmark represented the seller, Mapletree, a development and investment firm based in Singapore, in the transaction.

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13100-Danielson-St-Poway-CA
AcquisitionsCaliforniaIndustrialWestern

Realty Income Acquires Industrial Facility in Poway, California for $43.3M

by Amy Works

POWAY, CALIF. — Realty Income has purchased a light industrial and manufacturing facility, located at 13100 Danielson St. in Poway, for $43.3 million. Hunter Rowe, Brian Russell, Michael Longo and Matt Carlson of CBRE represented the undisclosed seller in the deal. Situated on 7.2 acres, the 133,844-square-foot building features nine dock-high doors, 11 grade-level doors, a secure truck court and a loading area. At the time of sale, the property was fully leased to a manufacturer specializing in corrugated boxes and packaging solutions.

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Redmond-Industrial-Park-Redmond-OR
AcquisitionsIndustrialOregonWestern

Ethos Development, Alpine Capital Buy 200,000 SF Redmond Industrial Park in Oregon

by Amy Works

REDMOND, ORE. — A partnership between Portland, Ore.-based Ethos Development and San Diego-based Alpine Capital Investments has acquired Redmond Industrial Park, an industrial asset situated on 45 acres in Redmond. Terms of the transaction were not disclosed. The 200,000-square-foot property consists of four industrial buildings and approximately 26 acres of excess land with development potential. At the time of sale, the asset was fully leased to a variety of regional and national tenants, including BasX Solutions and Old Dominion Freight Line. The property team includes KCB Private Equity as capital partner, Ethos Commercial Advisors as debt broker, Meritus Property Group as property manager and Fratzke Commercial as investment sales broker.

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IllinoisIndustrialLeasing ActivityMidwest

Claire’s Signs 248,400 SF Industrial Lease in Elgin, Illinois

by Kristin Harlow

ELGIN, ILL. — Ames Watson, owner of global accessories retailer Claire’s Holdings LLC, has signed a 248,400-square-foot industrial lease at 1100 Tollgate Road in Elgin. Spence Mehl of RCS Real Estate Advisors and JLL’s Sam Brashler, Seth Geldzahler and Sharon Kariampuzha represented the tenant. High Street Logistics Properties LLC owns the building. Located approximately 40 miles northwest of downtown Chicago, the Elgin facility is designed for large-scale distribution operations and will support the broader efforts of Claire’s to modernize its logistics network, improve speed-to-store delivery and enhance omnichannel fulfillment capabilities, according to RCS.

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DevelopmentIndustrialTexas

SLDM Commercial Completes Phase II of 137,550 SF Industrial Project in Kyle, Texas

by Taylor Williams

KYLE, TEXAS — SLDM Commercial Properties has completed construction of Phase II of Dacy Business Park, a 137,550-square-foot industrial project in the southern Austin suburb of Kyle. Phase II of Dacy Business Park featured three buildings totaling 31,500 square feet, and the entire development will eventually consist of 13 buildings that will be delivered across four phases. Units at Dacy Business Park will range in size from 1,200 to 12,000 square feet, and buildings will feature clear heights of 22 to 24 feet. LT Commercial Group is the leasing agent. Units are also offered for sale, with prices starting in the mid-$300,000s.

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3280-Corporate-View-Vista-CA
AcquisitionsCaliforniaIndustrialWestern

RAF Pacifica Group Sells Rivian-Occupied Industrial Property in Vista, California

by Amy Works

VISTA, CALIF. — RAF Pacifica Group, in partnership with CenterSquare Investment Management, has completed the disposition of an industrial building located at 3280 Corporate View in Vista. Terms of the transaction were not released. Cushman & Wakefield represented the sellers in the transaction. Rivian Automotive, an electric vehicle manufacturer, fully occupies the 59,828-square-foot property, which offers convenient access to major interstate freeways.

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AcquisitionsIndustrialNorth CarolinaSoutheast

Rockpoint Acquires Six-Building Industrial Portfolio in North Carolina

by John Nelson

GARNER AND CHARLOTTE, N.C. — Boston-based Rockpoint has purchased a six-building industrial portfolio across two properties in North Carolina. The nearly 280,000-square-foot acquisition includes Garner Commerce Center in the south Raleigh suburb of Garner and I-77 Commerce Center in Charlotte. Both three-building parks were recently delivered. The seller and sales price were not disclosed. Rockpoint will manage and operate Garner Commerce Center and I-77 Commerce Center in partnership with affiliate firms Rockhill Management and Rockpoint Industrial.

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