Industrial

Cabot Properties Buys 370,264 SF Industrial Park in Southwest Houston

by Taylor Williams February 26, 2026

HOUSTON — Boston-based investment firm Cabot Properties has purchased Corporate Center Fannin, a 370,264-square-foot industrial park in southwest Houston. The development consists of two buildings: a 218,966-square-foot, cross-dock facility that was built in 2002 and a 151,298-square-foot, front-load building that was completed in 2022. The buildings feature 30- to 32-foot clear heights and a total of 68 dock-high doors and 10 drive-in doors. Trent Agnew, Charles Strauss, Lance Young, Brooke Petzold and Dawson Hastings of JLL represented the seller, Taurus Investment Holdings, in the transaction.

February 26, 2026

Acquisitions Industrial Nevada Western

AEW Capital Acquires Three-Building, 392,900 SF South Reno Industrial Portfolio in Nevada

by Amy Works February 26, 2026

RENO, NEV. — AEW Capital Management has purchased South Reno Industrial Portfolio, a three-building industrial campus in Reno, from WHI and McKenzie Properties for an undisclosed price. The asset is located at 12910, 12920 and 12930 Old Virginia Road. South Reno Industrial Portfolio consists of three concrete tilt-up buildings: Totaling nearly 20 acres, the campus offers 479 auto parking stalls, loading courts and robust power capacity. At the time of sale, the asset was 92 percent leased to a diverse mix of logistics, advanced manufacturing and e-commerce tenants. Will Strong, Michael Matchett, Molly Miller, Jack Stamets, Madeline Warren, Jeff Chiate, Rick Ellison, Matthew Leuopold, Aubrie Monahan, Mike Nevis and Shawn Jaenson of Cushman & Wakefield represented the sellers and procured the buyer in the deal.

February 26, 2026

Acquisitions Illinois Industrial Midwest

CRG Sells 66,552 SF Industrial Building in Franklin Park, Illinois

by Kristin Harlow February 26, 2026

FRANKLIN PARK, ILL. — CRG has sold The Cubes at ORD, a newly constructed industrial building totaling 66,552 square feet in Franklin Park, located immediately southeast of the Chicago O’Hare International Airport. Developed on a speculative basis in 2025, the facility is fully leased to Worldwide Flight Services. The infill development offers direct access to I-294 and features 20 exterior dock doors, two drive-in doors, 11 trailer storage spaces and parking for 70 vehicles. Erik Foster, Mike Wilson, Brian Colson and Brian Pomorski of Avison Young represented CRG in the transaction. Matt Mulvihill of CBRE represented the tenant. The buyer and sales price were undisclosed. CRG integrated partner LJC designed The Cubes at ORD, while parent company Clayco served as general contractor.

February 26, 2026

Industrial Leasing Activity Massachusetts Northeast

Newmark Negotiates 47,500 SF Industrial Lease in Bedford, Massachusetts

by Taylor Williams February 26, 2026

BEDFORD, MASS. — Newmark has negotiated a 47,500-square-foot industrial lease in Bedford, located northwest of Boston. The tenant is sustainable energy company Fourth Power, and the space is located within a newly built, 147,000-square-foot advanced manufacturing facility. Torin Taylor, Rich Ruggiero, Matt Adams, Tyler McGrail and Rory Walsh of Newmark represented the landlord, a partnership between Camber Development and Wheelock Street Capital, in the lease negotiations. Rob Glor and Michael Goodwin of Rise73 represented the tenant.

February 26, 2026

Industrial Market Reports Michigan Midwest Midwest Market Reports

Return of the Spec: Metro Detroit’s Next Industrial Chapter

by Kristin Harlow February 26, 2026

By Ryan Brittain, Colliers Speculative construction has always carried a certain boldness in industrial real estate. Building without a tenant can either signal visionary thinking or a bold bet on future demand. In metro Detroit, that confidence was on full display during the post-COVID boom. To meet the surge in tenant demand, highly respected industrial developers raced to deliver modern distribution space across the region. At the height, preleasing was not always necessary but often occurred. Developers pushed forward on new Class A warehouses, confident that tenant requirements would catch up and, for a time, they did. Yet here we are in 2026, and speculative development is not an idea of the past. It is returning, this time with more discipline. This is not another Resurgit cineribus Detroit comeback story, but rather a thoughtful recalibration. The “Return of the Spec” reflects a market that has matured and learned, not one that has overheated. To understand it today, it helps to revisit how we arrived. As a wave of newly completed speculative projects delivered (at one point, the market saw 12 million square feet under construction), availability expanded. Shortly thereafter, the automotive industry hit an uncertain patch in late 2023. Vacancy …

February 26, 2026

Development Industrial Texas

Green Point Underway on Phase I of 200-Acre Industrial Project in El Paso

by Taylor Williams February 25, 2026

EL PASO, TEXAS — Dallas-based development and investment firm Green Point Property Co. is underway on construction of Sky Park El Paso, a 200-acre industrial project. Phase I will consist of two buildings: a 443,975-square-foot, cross-dock warehouse/flex building and an adjacent 192,490-square-foot, rear-load building. Project partners include Silverado Interests (equity partner), Stellar Bank (construction lender), Ridgemont Commercial Construction (general contractor) and CBRE (leasing agent). Phase I is expected to be substantially complete before the end of the year.

February 25, 2026

Acquisitions California Development Industrial Western

Jensen Infrastructure Buys 100-Acre Site for Build-to-Suit Manufacturing Project in Lancaster, California

by Amy Works February 25, 2026

LANCASTER, CALIF. — Jensen Infrastructure, a provider of construction and engineering solutions since 1968, has acquired a 100-acre site at the northeast corner of 30th Street and Avenue G in Lancaster from Northpoint for $46 million. Jensen has retained Proficiency Capital to develop a 400,000-square-foot regional manufacturing facility on the site. Jensen will use the facility to serve all of Southern California and portions of Nevada. Construction is slated to commence in first-quarter 2026 with completion scheduled for March 2027. Fullmer Construction is serving as general contractor for the development. Hunter McDonald of JLL represented Jensen Infrastructure in the acquisition.

February 25, 2026

Acquisitions Industrial Self-Storage Washington Western

InSite Property Group Purchases 621-Unit Tukwila Self Storage Facility in Washington

by Amy Works February 25, 2026

TUKWILA, WASH. — InSite Property Group has acquired Tukwila Self Storage, a 53,200-square-foot self-storage facility in Tukwila. Terms of the transaction were not disclosed. Located at 5950 Southcenter Blvd., Tukwila Self Storage features 621 climate-controlled units. Jacob Becher, Nat Fliflet, Dan Haddock and Harrison Cohen of Colliers represented InSite in the acquisition.

February 25, 2026

Industrial Leasing Activity Texas

Texarkana College Signs 19,040 SF Industrial Lease at TexAmericas Center

by Taylor Williams February 24, 2026

TEXARKANA, TEXAS — Texarkana College has signed a 19,040-square-foot industrial lease at TexAmericas Center (TAC), a 12,000-acre mixed-use and industrial park located near the Arkansas-Texas border. The term is two years followed by optional terms of 12 months each. The school, which is a long-term tenant at TAC and also leased an 8.9-acre parking lot as part of the deal, will use the space for satellite classes.

February 24, 2026

Florida Industrial Loans Southeast

Redfearn Capital, TPG Angelo Gordon Close $150M Refinancing for Industrial Portfolio in Florida

by John Nelson February 24, 2026

DELRAY BEACH, FLA. — A partnership between Delray Beach-based Redfearn Capital and TPG Angelo Gordon’s U.S. Real Estate platform has closed on the refinancing for a 10-property industrial portfolio in Florida. CBRE’s Debt & Structured Finance Team secured the $150 million refinancing through Prospect Ridge. The financing includes an initial $80 million backed by the portfolio and up to $70 million in additional capacity to support future acquisitions. The portfolio is located across seven high-growth Florida markets: Orlando, Clearwater, Pompano Beach, Jacksonville, Naples, Hialeah and Miramar. The properties total 590,895 square feet and were 98.4 percent leased at the time of financing to 19 tenants. Redfearn Capital and TPG Angelo Gordon have acquired 37 industrial assets in Florida spanning approximately 3.2 million square feet since 2021. The 10 properties in the refinanced portfolio were assembled by the partnership from June 2022 through October 2025.

February 24, 2026

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