Sunday, October 12, 2025
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Industrial

IndustrialLeasing ActivitySouth CarolinaSoutheast

JLL Arranges 477,360 SF Industrial Lease in Duncan, South Carolina

by John Nelson

DUNCAN, S.C. — JLL has arranged a 477,360-square-foot, full-building lease for an industrial facility located at 171 International Park Drive in Duncan. Built in 2023, the facility is situated within Crossroads Logistics Park, a three-warehouse development totaling more than 800,000 square feet in the Greenville-Spartanburg industrial market. The cross-dock warehouse features 36-foot clear heights, ESFR sprinklers, LED lighting, ample trailer and auto parking and more than 2,500 square feet of office space. Perry Major, Chuck Rosien and Joan McCarthy of JLL arranged the loan on behalf of the tenant, an undisclosed global manufacturer. NAI Commercial represented the landlord, metro Chicago-based Brennan Investment Group, in the transaction.

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DevelopmentIndustrialMarylandSoutheast

CREG, Sagard Underway on 170,000 SF Speculative Industrial Facility in Metro Baltimore

by John Nelson

HAVRE DE GRACE, MD. — Chesapeake Real Estate Group (CREG) and Sagard Real Estate are underway on a new speculative industrial facility located at 1621 Clark Road in Havre de Grace, a Baltimore suburb in Harford County. The co-developers have tapped the CBRE Baltimore office to market and lease the project, which is expected to deliver in March 2026. The facility will offer 36-foot clear heights, a 180-foot truck court, 37 dock-high loading positions, 51 trailer drops, 122 vehicle parking spaces and a 2,500-square-foot speculative office suite.

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AcquisitionsIndustrialNew HampshireNortheast

Colliers Brokers Sale of 20,780 SF Industrial Building in Auburn, New Hampshire

by Taylor Williams

AUBURN, N.H. — Colliers has brokered the sale of a 20,780-square-foot industrial building in Auburn, located near the Massachusetts-New Hampshire border. The building sits on a 4.8-acre site within Wellington Business Park that can support future expansion. Abigail Bachman and Laura Nesmith of Colliers represented the buyer, an affiliate of product development company IPSUMM Inc., in the transaction. Denis Dancoes III, Thomas Farrelly and Sue Ann Johnson of Cushman & Wakefield represented the seller, Analog Devices Inc.

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IndianaIndustrialLeasing ActivityMidwest

Associated Signs 89,612 SF, Full-Building Industrial Lease in Indianapolis

by Kristin Harlow

INDIANAPOLIS — Associated has signed a full-building, 89,612-square-foot industrial lease at The Midway Building at 5770 Decatur Blvd. in Indianapolis. Corey Chase of Newmark represented the tenant in the lease, which represents a nearly 60,000-square-foot expansion from Associated’s previous space in the same corridor. Owned by Holladay Properties, the facility features 5,425 square feet of office space, a clear height of 24 feet, 21 dock doors, two drive-in doors and more than 250 parking spaces. Delivered in 2004, The Midway Building offers convenient access to I-70, I-465 and I-69 and is located near FedEx and UPS distribution hubs. Brian Seitz, Griffin Seitz and Brian Buschuk of JLL represented the landlord. Founded in 1960, Associated provides engineering, fleet management and labor optimization services supported by equipment sales, service, rentals and parts. The company is a subsidiary of The Raymond Corp., a Toyota Industries company.

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AcquisitionsIndustrialMichiganMidwestSelf-Storage

Marcus & Millichap Brokers Sale of 635-Unit Self-Storage Facility in Plymouth, Michigan

by Kristin Harlow

PLYMOUTH, MICH. — Marcus & Millichap has brokered the sale of EZ Storage, a 635-unit self-storage facility in the western Detroit suburb of Plymouth. Completed in December 2022, the climate-controlled property totals 73,450 net rentable square feet. Brett Hatcher, Gabriel Coe and Nathan Coe of Marcus & Millichap, in association with Paul Kerber, Marcus & Millichap’s Michigan broker of record, represented the seller, an entity doing business as EZ Storage Plymouth Twp LLC. The buyer was not disclosed.

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AcquisitionsIllinoisIndustrialMidwest

NAI Hiffman Negotiates $2.6M Sale of Industrial Building in Wood Dale, Illinois

by Kristin Harlow

WOOD DALE, ILL. — NAI Hiffman has negotiated the $2.6 million sale of a 20,541-square-foot industrial building at 344 Beinoris Drive in the Chicago suburb of Wood Dale. Joe Bronson and Paddy Dwyer of NAI Hiffman represented the buyer, a metal manufacturing company that bails, stores and distributes scrap metals nationwide. The buyer will nearly triple its previous footprint of about 7,000 square feet, also in Wood Dale. With heavy power infrastructure and outdoor storage capacity, the facility enables the manufacturer to expand processing and storage while maintaining its presence in the O’Hare submarket.

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AcquisitionsIndustrialTexas

Versal Arranges Sale of 85-Unit RV, Boat Storage Facility in New Braunfels, Texas

by Taylor Williams

NEW BRAUNFELS, TEXAS — Self-storage brokerage firm Versal has arranged the sale of the 85-unit McQueeney Boat & RV Storage facility in New Braunfels, located northeast of San Antonio. The facility spans 35,800 net rentable square feet. Bill Bellomy, Michael Johnson, Logan Foster and Hugh Horne of Versal represented the seller and procured the buyer in the transaction. Both parties were Texas-based entities.

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AcquisitionsIndustrialOklahomaTexas

TruCore Industrial Sells 70,000 SF Warehouse in Pryor, Oklahoma

by Taylor Williams

PRYOR, OKLA. — TruCore Industrial, an Oklahoma-based investment firm founded by executives of net-lease brokerage group Stan Johnson Co., has sold a 70,000-square-foot warehouse in Pryor, located northeast of Tulsa. The building is situated on a 9.9-acre site within Mid-America Industrial Park and was fully leased at the time of sale to pipe and conduit manufacturer Endot Industries. The buyer and sales price were not disclosed.

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AcquisitionsArizonaIndustrialWestern

FD Stonewater Acquires 326,474 SF Industrial Facility in Yuma, Arizona

by Amy Works

YUMA, ARIZ. — FD Stonewater’s STAR Evergreen Fund has purchased Alside Manufacturing and Distribution Center in Yuma for an undisclosed price. The asset was acquired through the STAR Fund’s UPREIT structure, providing original investors the opportunity to receive OP Units allowing for a tax-deferred transaction. Associated Materials fully occupies the 326,474-square-foot property, which was purpose-built for the tenant in 2005.

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145-N-Pacific-St-San-Marcos-CA
AcquisitionsCaliforniaIndustrialWestern

Stos Partners Sells 10,000 SF Industrial Property in San Marcos, California

by Amy Works

SAN MARCOS, CALIF. — Stos Partners has completed the disposition of 145 N. Pacific Street in San Marcos to a private buyer, finalizing the disposition of its Benchmark Portfolio. The two-property portfolio sold for a combined $10.9 million. The Benchmark Portfolio comprised two freestanding industrial warehouses totaling 28,000 square feet in the submarkets of San Marcos and Poway, Calif. Both properties feature low site coverage and excess land. Stos Partners acquired the portfolio in 2020 in a joint venture with RanchHarbor for $6.1 million through an off-market transaction from an owner-user, which completed a five-year sale-leaseback at closing. Stos Partners implemented targeted capital improvements, repositioning the assets. The company sold the 18,000-square-foot property at 12575 Stowe Drive in Poway in July 2025 for $6.5 million. Tim Clepper of San Diego Commercial represented Stos Partners in the Poway deal. Matt Pourcho, Anthony DeLorenzo and Nick Williams of CBRE represented Stos Partners, while Josh West of Voit Real Estate Services represented the buyer in the San Marcos transaction.

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