Thursday, November 12, 2026
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Industrial

Anniston-East
AcquisitionsAlabamaIndustrialLoansSoutheast

Arrow Real Estate Secures $16.9M in Acquisition Financing for Industrial Facility in Anniston, Alabama

by Abby Cox

ANNISTON, ALA. — Arrow Real Estate Advisors has arranged $16.9 million in acquisition financing for a 559,900-square-foot industrial facility located in the eastern-central Alabama city of Anniston. Morris Betesh, Omar Ferreira, Jonah Schultz and Zac Cornell of Arrow Real Estate secured the loan through Wells Fargo on behalf of the borrower, Tampa-based BlueLedge Group. Situated at 100 National Drive along the I-20 corridor, the industrial facility includes 41 dock-high and 18 drive-in loading doors and was fully leased at the time of sale to an undisclosed third-party logistics operator.

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AcquisitionsCaliforniaDevelopmentIndustrialWestern

Cabot Properties Buys 5.4-Acre Industrial Development Site in Los Angeles

by Amy Works

LOS ANGELES — Cabot Properties has purchased a 5.4-acre site at 19701 Hamilton Ave. in Los Angeles’ South Bay submarket from a Brookfield-backed fund for an undisclosed price. The asset is fully entitled and permit-ready for the development of a 122,533-square-foot industrial facility designed to accommodate a wide range of manufacturing, warehouse and distribution uses. Brookfield’s BGRE operating team secured the entitlements. The property is also set within a federally designated Opportunity Zone. Chad Solomon, Patrick Nally, Makenna Peter, Shae Vomund, Zac Sakowski and Brianne Demus of JLL represented the seller in the transaction.

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DevelopmentIllinoisIndustrialMidwest

LogiPropCo to Build 1.3 MSF Industrial Facility in Joliet, Illinois

by Kristin Harlow

JOLIET, ILL. — Logistics Property Co. LLC (LogiPropCo) has purchased a 74-acre site at 23960 S. Houbolt Road in Joliet. Located in the I-80 corridor, the site offers immediate proximity to BNSF’s Logistics Park Chicago Intermodal and Union Pacific’s Global 4 Intermodal Terminal. Construction will commence in spring 2027. When complete, the project will total 1.3 million square feet and feature a clear height of 40 feet, cross-dock loading and ample car and trailer parking. Through the Houbolt Road extension, the site also has direct access to I-55 and I-80. Ben Fish and Vince Pergande of LogiPropCo worked with Ryan Klink of Cushman & Wakefield on the transaction. Klink, alongside colleagues Jason West and Sean Henrick, will serve as the project’s leasing representatives. The spec building, also available as a build-to-suit, is expected to deliver in spring 2028. Architects Plus Design is the project architect, and Jacob & Hefner Associates is the civil engineer.  

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AcquisitionsIllinoisIndustrialMidwest

Newmark Brokers Sale of 79,540 SF Industrial Building in Aurora, Illinois

by Kristin Harlow

AURORA, ILL. — Newmark has brokered the sale of a 79,540-square-foot industrial building located at 3615 Exchange Ave. in Aurora. Corey Chase of Newmark arranged the sale. Situated within Meridian Business Park, the property sits on 4 acres and offers convenient access to I-88. The buyer plans to utilize the facility to support the expansion of its U.S. operations, using the property for warehousing, storage and distribution. The seller was a private entity.

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GeorgiaIndustrialMarket ReportsSoutheastSoutheast Market Reports

Atlanta’s Industrial Market (Re)Gains Momentum, Especially in Bulk Activity

by John Nelson

At the end of 2025, Atlanta’s industrial market turned a corner and has now regained its footing, especially in the bulk sector.  Four consecutive quarters of strong leasing activity signal that demand has returned, large users are back in the market and much of the inventory delivered immediately after the COVID-era development boom has been or is being absorbed.  For owners, developers and investors, the key takeaway is straightforward: Atlanta remains one of the country’s most resilient industrial markets, but the next phase of growth will be shaped by disciplined development and a continued flight to quality.  As for the broader market, leasing momentum began to accelerate late last year after a challenging stretch. Since then, leasing activity has steadily improved. Through the third quarter of 2026, Atlanta recorded 32.4 million square feet of new leasing activity for the year, with nearly 13.5 million square feet leased during the third quarter alone, according to Cushman & Wakefield’s data. Year-to-date leasing activity nearly surpassed all of 2025.  What’s particularly encouraging is the return of large-format users. “Bulk is back” has become a common refrain across the industry, and the data support that narrative. Several transactions exceeding 500,000 square feet were completed …

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Wintergreen-Distribution-Center-Hutchins-Texas
AcquisitionsIndustrialTexas

Cushman & Wakefield Brokers Sale of 754,822 SF Industrial Building in Hutchins, Texas

by Taylor Williams

HUTCHINS, TEXAS — Cushman & Wakefield has brokered the sale of Wintergreen Distribution Center, a 754,822-square-foot industrial building in Hutchins, a southern suburb of Dallas. Wintergreen Distribution Center was built on 42.7 acres in 2018 and features a cross-dock configuration, 36-foot clear heights, 164 loading doors, an ESFR sprinkler system and parking for 303 cars and 205 trailers. Jud Clements, Robby Rieke, Emily Brandt and Trevor Berry of Cushman & Wakefield represented the seller, Boston-based Cabot Properties, in the transaction. The buyer and sales price were not disclosed.

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AcquisitionsIndustrialSelf-StorageTexas

Marcus & Millichap Arranges Sale of 359-Unit Self-Storage Facility in Azle, Texas

by Taylor Williams

AZLE, TEXAS — Marcus & Millichap has arranged the sale of KO Storage, a 359-unit self-storage facility in Azle, a northwestern suburb of Fort Worth. Built on 5.3 acres in 2016, KO Storage spans 65,725 net rentable square feet across 10 single-story buildings, inclusive of traditional drive-up units and enclosed parking spaces. Danny Cunningham and Brandon Karr of Marcus & Millichap represented the seller in the transaction procured the buyer.

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Extra-Space-Storage-Glen-Rock-New-Jersey
DevelopmentIndustrialNew JerseyNortheastSelf-Storage

Extra Space Storage to Open 891-Unit Facility in Glen Rock, New Jersey

by Taylor Williams

GLEN ROCK, N.J — Extra Space Storage will open an 891-unit facility in the Northern New Jersey community of Glen Rock. Shadowbrook Capital is developing the three-story facility at 161 Harristown Road, which will feature 92,175 net rentable square feet of space. Units will range in size from five-by-five-foot spaces to 10-by-30-foot bays. Michael Klein, Nazario Paragano and Michael Donohoe of JLL arranged an undisclosed amount of construction financing for the project through Provident Bank. Completion is slated for sometime next year.

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palm-beach-commerce-center
DevelopmentFloridaIndustrialLoansSoutheast

Hernandez Development, PTM Partners Receive $17.3M Construction Loan for Industrial Project in West Palm Beach

by Abby Cox

WEST PALM BEACH, FLA. — Hernandez Development & Construction and PTM Partners have received a $17.3 million construction loan for the development of Palm Beach Commerce Center, a planned 93,556-square-foot industrial building in West Palm Beach. Pinnacle Financial Partners provided financing for the project on behalf of the borrowers. The joint venture purchased the 8.1-acre site for $11.5 million in April 2026, and site work began in October. Completion of the development is expected for the third quarter of 2027. The dock-high, tilt-up building will feature 84,200 square feet of warehouse space and 9,356 square feet of office space, with 32-foot clear heights and 54-foot column spacing. The project team includes Hernandez Construction (general contractor), Hernandez Development Services (developer) and CBRE (leasing).

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AcquisitionsContent PartnerDevelopmentIndustrialLeasing ActivityLee & AssociatesMidwestMultifamilyNortheastOfficeRetailSoutheastTexasWestern

Lee & Associates’ Q3 2026 Report: Industrial Rebounds, Office Stalls, Retail and Multifamily Gain Ground

by Sarah Daniels

After three years of new construction outpacing tenant demand in many sectors and areas, commercial real estate posted a mostly encouraging report card in the third quarter of 2026. Lee & Associates’ 2026 Q3 North America Market Report shows industrial demand nearly doubled from the second quarter, while retail and multifamily extended their rebounds. Office, the sector that had been staging a comeback, slipped back into negative tenant demand territory. Sponsored: Download Lee & Associates’ 2026 Q3 North America Market Report.  Industrial Overview: Tenant Growth Gains in United States There has been broad general improvement across North American industrial markets, with demand for space rebounding in the United States. Third-quarter net absorption totaled 84,081,618 square feet, as more users gradually have set aside tariff and trade concerns that have hobbled tenant expansion since 2023. The third-quarter gains are an 89 percent improvement from 44.4 million square feet in the second quarter and a year-on-year jump of 172 percent. The third quarter’s growth brought the year-to-date total to 161.2 million square feet as net absorption has recovered from three years of tepid growth. Despite the increase so far this year, tenant expansion continues to fall short of absorbing the volume of deliveries that …

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