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Industrial

East-Belt-Logistics-Park-Houston
DevelopmentIndustrialTexas

TDC Completes 858,600 SF Industrial Project in Northeast Houston

by Taylor Williams

HOUSTON — Transwestern Development Co. (TDC) has completed East Belt Logistics Park, an 858,600-square-foot industrial project that is located along Beltway 8 in northeast Houston. East Belt Logistics Center consists of two buildings that span 591,560 and 267,040 square feet, both of which feature cross-dock configurations and 3,000 square feet of office space. The larger building offers 40-foot clear heights, and the smaller building offers 36-foot clear heights. Transwestern is also the leasing agent for East Belt Logistics Park.

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Topline Logistics Center
FloridaIndustrialLeasing ActivitySoutheast

Stonemont, Iron Point Partners Fully Lease Topline Logistics Center in Ocala, Florida

by Abby Cox

OCALA, FLA. — Atlanta-based private real estate investment firm Stonemont and private equity firm Iron Point Partners have signed an undisclosed tenant to a full-building lease at Topline Logistics Center, a 457,217-square-foot industrial facility located directly off I-75 in Ocala. Jared Bonshire, David Perez, Taylor Zambito and Ryan Hubbard of Cushman & Wakefield represented Stonemont in the lease negotiations.  Situated on approximately 35 acres in Central Florida, the cross-dock facility features 36-foot clear heights, 110 trailer parking spaces, 247 car parking spaces, four drive-in doors and a 185-foot truck court.

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Data CentersDevelopmentIndustrialTexas

Edged U.S. to Open New Data Center Facility at Irving Campus

by Taylor Williams

IRVING, TEXAS — Data center owner-operator Edged U.S. will open a new facility at its Irving campus. The square footage of the new building was not announced, but the facility, which will be known as Edged Dallas 2, will be located along North Wildwood Drive and will have a power capacity of 24 megawatts. Construction is scheduled to begin during the second quarter and to be complete in fall 2027. The first data center at the Edged Dallas campus opened in January 2025.

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IndustrialLoansNew YorkNortheast

Largo Capital Arranges $43.5M CMBS Loan for Refinancing of Buffalo Industrial Building

by Taylor Williams

BUFFALO, N.Y. — Locally based financial intermediary Largo Capital has arranged a $43.5 million CMBS loan for the refinancing of a 323,260-square-foot industrial building in Buffalo. The address was not disclosed. Completed in 2022, the rail-served building features a clear height of 40 feet and was fully leased at the time of the loan closing. Jack Phillips led the transaction for Largo Capital. The borrower and direct lender were also not disclosed.

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AcquisitionsDevelopmentIndustrialNew JerseyNortheast

Joint Venture Acquires 26,630 SF Industrial Building in Fairfield, New Jersey, Plans Redevelopment

by Taylor Williams

FAIRFIELD, N.J. — A joint venture between Legacy Real Estate Developers and Commerce Park Investors has acquired a 26,630-square-foot industrial building in the Northern New Jersey community of Fairfield. The partnership plans to redevelop the building at 611 Union Blvd., which was originally constructed in 1980 as the home of the Knickerbocker Machine Shop, to support retail and flex uses in addition to industrial. Howard Weinberg of JLL brokered the sale. The seller and sales price were not disclosed.

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Chino-Distribution-Center
AcquisitionsCaliforniaIndustrialTennesseeTexasTop StoriesUtah

Cushman & Wakefield Arranges Sale of 1.6 MSF National Industrial Portfolio

by Abby Cox

DALLAS — Cushman & Wakefield has arranged the sale of a national portfolio of seven industrial buildings totaling 1.6 million square feet. The buildings are located across Texas, California, Utah and Tennessee. An unnamed institutional owner purchased the portfolio. The seller and sales price were not also not disclosed. Properties in the recently acquired industrial portfolio include Valwood A (201,354 square feet), Valwood C (134,266 square feet) and Valwood D (127,620 square feet) in Carrollton, Texas (part of the Dallas MSA); Chino Distribution Center (409,930 square feet) in Chino, Calif.; Salt Lake Distribution Center I (190,000 square feet) and Salt Lake Distribution Center II (190,000 square feet) in Salt Lake City; and Elam Farms Distribution Center II (363,500 square feet) in Murfreesboro, Tenn. The buildings were constructed in the mid-2000s and were collectively 97 percent leased at the time of sale to a mix of national and regional tenants. The properties feature ESFR fire sprinkler systems, average clear heights of 30 feet, expansive truck courts, concrete tilt-up construction and ample parking. The national industrial advisory group at Cushman & Wakefield that arranged the sale consisted of Jim Carpenter, Adam Pastor, Robby Rieke, Emily Brandt, Jeff Chiate and Casey Masters. “This transaction …

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Alliance-Westport-12-Fort-Worth
DevelopmentIndustrialTexas

Hillwood to Develop 1.2 MSF Spec Industrial Building in North Fort Worth

by Taylor Williams

FORT WORTH, TEXAS — Hillwood will develop Alliance Westport 12, a 1.2 million-square-foot speculative industrial building that will be located on the developer’s 27,000-acre AllianceTexas campus in North Fort Worth. The cross-dock building will feature 40-foot clear heights, 70-foot loading bays, 190-foot truck court depths and 278 trailer parking spaces (expandable to 569). GSR Andrade is the project architect, and Westwood Professional Services is the civil engineer. Bank of America is financing construction of the project, which is scheduled to begin before the end of the month and to be complete in 2027.

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AcquisitionsIndustrialNew HampshireNortheast

Atlantic Capital Partners Negotiates $7.8M Sale of Industrial Building in Manchester, New Hampshire

by Taylor Williams

MANCHESTER, N.H. — Regional brokerage firm Atlantic Capital Partners has negotiated the $7.8 million sale of a 51,600-square-foot industrial building in the southern New Hampshire city of Manchester. The building at 85-95 Faltin Drive features a clear height of 16 feet and multiple loading docks. Justin Smith, Chris Peterson, Sam Koonce, Danielle Turpin and Matt Ericson of Atlantic Capital Partners represented the buyer and seller, both of which requested anonymity, in the transaction.

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AcquisitionsFloridaIndustrialSoutheast

Matthews Negotiates $30M Sale of Seven-Property Flex Industrial Portfolio in Fort Meyers, Florida

by Abby Cox

FORT MEYERS, FLA. — Matthews has negotiated the $30 million sale of a seven-property flex industrial portfolio located along the I-75 corridor at 6150-6481 Metro Plex Drive in Fort Myers. Nick Watson, Jake Lurie and Aiden Hawkins of Matthews represented the undisclosed seller in the transaction. Matthews also sourced the buyer, which is an experienced operator that had pursued the portfolio prior to the seller’s decision to market the property. The flex industrial portfolio spans 218,000 square feet and includes 36 dock-high doors, nine drive-in doors and 19- to 26-foot clear heights.  

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AcquisitionsDevelopmentFloridaIndustrialSoutheast

VanTrust Acquires 71.2 Acres in Orlando, Plans 956,600 SF Industrial Project

by Abby Cox

ORLANDO, FLA. — VanTrust Real Estate has purchased 71.2 acres within Sunbridge Business Park in Orlando for the development of an industrial park dubbed SunPark Industrial. The buyer acquired the land from a joint venture between Land Reserve and Tavistock Development Co., the developers of the Sunbridge master-planned community and the Lake Nona master-planned development, which is also in Orlando. Phase I of SunPark Industrial will comprise three buildings totaling roughly 956,600 square feet. Construction is slated to begin in the third quarter, with delivery of the first two buildings anticipated for the third quarter of 2027. A future Phase II would encompass an additional 77 acres and could support roughly 1 million square feet of industrial development. Opened in 2020, Sunbridge is a 27,000-acre “naturehood” located across Orange and Osceola counties that features a mix of homes, 55+ active adult communities, schools, nature trails, cafés, employment centers and Sunbridge Business Park, which spans 700 acres.

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