Industrial

JLL Brokers 271,689 SF Industrial Campus in Cedar Park, Texas

by Taylor Williams May 6, 2026

CEDAR PARK, TEXAS — JLL has brokered the sale of a three-building, 271,689-square-foot industrial campus in Cedar Park, a northern suburb of Austin. Built in 2024 and known as New Hope, the campus spans 28.5 acres and houses shallow-bay, rear-load buildings that feature 32-foot clear heights, 200-foot truck court depths, 17 percent office finishes and a combined 82 dock-high doors and 579 parking spaces. Trent Agnew, Witt Westbrook, Kyle Mueller, Rob Ellwood and Patrick McCord of JLL represented the seller, a joint venture between three Central Texas investment firms, Riverside, Live Oak Group and Cordova Real Estate Ventures, in the transaction. The buyer was San Francisco-based Stockbridge.

May 6, 2026

Industrial Leasing Activity Texas

Finial Group Negotiates 12,500 SF Industrial Lease in Northwest Houston

by Taylor Williams May 6, 2026

HOUSTON — Local brokerage firm Final Group has negotiated a 12,500-square-foot industrial lease in northwest Houston. The deal is for the entirety of the building at 6770 Bourgeois Road, which according to LoopNet Inc. was constructed in 2012 and renovated in 2024. Christian Villarreal and Tyler Holt of Finial Group represented the tenant, Firetrol Protection Systems, in the lease negotiations. The name and representative of the landlord were not disclosed.

May 6, 2026

California Industrial Western

JLL Arranges $26M Bridge Financing for Industrial Outdoor Storage Facility in Anaheim

by Amy Works May 6, 2026

ANAHEIM, CALIF. — JLL Capital Markets has arranged $26 million in bridge financing for a 7.75-acre industrial outdoor storage facility located at 1477 N. Jefferson St. in Anaheim. Peter Thompson, Kyle White and Nick Englhard of JLL Capital Markets secured the nonrecourse, three-year, floating-rate loan for the borrower, North Palisade Partners. Fully leased to a Fortune 100 logistics company, the property offers 337,590 square feet of Class A industrial space. The tenant utilizes the facility as mission-critical secured parking to support two nearby distribution centers. The property includes 161 trailer parking stalls and two points of ingress and egress, serving as secure parking for delivery trucks and trailers.

May 6, 2026

Illinois Industrial Leasing Activity Lee & Associates Midwest

Accredo Health Group Signs 40,873 SF Industrial Lease in Elgin, Illinois

by Kristin Harlow May 6, 2026

ELGIN, ILL. — Accredo Health Group has signed a 40,873-square-foot industrial lease at 300 Airport Road within Fox River Business Center in Elgin. Kenneth Franzese, John Cassidy and Jeff Janda of Lee & Associates of Illinois represented the landlord, High Street Logistics Properties. Bob Tardy and Doug Pilcher of Cushman & Wakefield represented the tenant, which is a specialty pharmaceutical service provider. Fox River Business Center is a 176,799-square-foot industrial facility constructed in 2008. Current availability totals 29,806 square feet.

May 6, 2026

Industrial Loans Texas

Gantry Arranges $60M Loan for Refinancing of Fort Worth Industrial Building

by Taylor Williams May 5, 2026

FORT WORTH, TEXAS — San Francisco-based intermediary Gantry has arranged a $60 million loan for the refinancing of a 1.4 million-square-foot industrial building in Fort Worth. An undisclosed insurance company provided the loan, which was structured with a fixed interest rate, interest-only payments and two one-year extensions. George Mitsanas, Tim Storey and Chad Metzger led the transaction for Gantry. The borrower was also not disclosed. The building was fully leased at the time of sale to a toy company.

May 5, 2026

Industrial Leasing Activity Texas

Alta Warehousing Signs 392,066 SF Industrial Lease in Wilmer, Texas

by Taylor Williams May 5, 2026

WILMER, TEXAS — Alta Warehousing & Logistics has signed a 392,066-square-foot industrial lease in Wilmer, a southern suburb of Dallas. The California-based freight and storage operator will occupy the entirety of Building 2 at Port 45, a development that spans 568,868 square feet across two front-load buildings. James Friedrich of Cresa represented Alta in the lease negotiations. Ben Wallace of Colliers represented the landlord, Griffin Partners.

May 5, 2026

Industrial Leasing Activity Texas

Finial Group Negotiates 24,150 SF Industrial Lease in Pasadena, Texas

by Taylor Williams May 5, 2026

PASADENA, TEXAS — Local brokerage firm Finial Group has negotiated a 24,150-square-foot industrial lease in Pasadena, an eastern suburb of Houston. The tenant is Paton Engineers & Constructors, and the space is located within the building at 218 N. Preston Ave., which according to LoopNet Inc. was completed in 2018. Jason Gibbons and Tyler Holt of Finial Group represented the undisclosed landlord in the lease negotiations.

May 5, 2026

Development Industrial Massachusetts Northeast Self-Storage

Davis Cos. Sells 922-Unit Self-Storage Facility in Metro Boston

by Taylor Williams May 5, 2026

MEDFORD, MASS. — Locally based owner-operator The Davis Cos. has sold a 922-unit self-storage facility in Medford, a northern suburb of Boston. Davis acquired the facility at 970 Fellsway, which spans 80,995 net rentable square feet, in 2019 and subsequently implemented capital improvements, as well as a 297-unit expansion. Extra Space Storage operates the facility, which was 84 percent occupied at the time of sale. The buyer was a joint venture between Invesco Real Estate and Baranof Holdings.

May 5, 2026

Development Industrial North Carolina Office Southeast

Averitt to Build $200M Industrial Campus Near Charlotte Airport

by John Nelson May 5, 2026

CHARLOTTE, N.C. — Averitt, a transportation and supply chain management company based in Cookeville, Tenn., has announced plans to develop a regional logistics campus near Charlotte Douglas International Airport. Charlotte Business Journal reports that the freight company is investing $200 million for the 100-acre campus. The development will include two distribution centers totaling more than 500,000 square feet; a 75,000-square-foot cross-dock facility; a two-story regional office totaling 16,000 square feet; and parking for more than 400 trailers. The campus will also offer fleet maintenance, fueling and driver support facilities. The investment is expected to double Averitt’s Charlotte area workforce over the next four years and will replace its current 40,000-square-foot service center at 3708 Westinghouse Blvd. that houses 182 full-time associates. Construction on the new campus is expected to begin immediately and wrap up in 2028.

May 5, 2026

Connecticut Industrial Loans Northeast

Webster Bank Provides $33.2M Refinancing of Industrial Property in South Windsor, Connecticut

by Taylor Williams May 5, 2026

SOUTH WINDSOR, CONN. — Webster Bank has provided a $33.2 million loan for the refinancing of a 315,000-square-foot industrial property in South Windsor, located northeast of Hartford. The distribution building at 456 Sullivan Ave. features a clear height of 31.5 feet and was fully leased at the time of the loan closing to a single tenant. Christopher Kramer, Christopher Lozniak, Ryan Bub and Jack Fenton of Newmark arranged the loan on behalf of the owner, Metropolitan Realty Associates.

May 5, 2026

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