Thursday, July 16, 2026
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Industrial

114-Logistics-Park-Justin-Texas
IndustrialLeasing ActivityTexas

Packaging Company Signs 1 MSF Industrial Lease in Justin, Texas

by Taylor Williams

JUSTIN, TEXAS — An undisclosed packaging company has signed a 1 million-square-foot industrial lease in Justin, located north of Fort Worth. The space spans a full building within 114 Logistics Park and features 40-foot clear heights and “significant” car and trailer parking allotments. Nathan Lawrence and Krista Raymond of KBC Advisors, along with internal agent Aaron Martell, represented the landlord, Chicago-based Logistics Property Co., in the lease negotiations. CBRE represented the tenant.

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AcquisitionsIndustrialTexas

Partnership Sells 49,650 SF Industrial Complex in Carrollton, Texas

by Taylor Williams

CARROLLTON, TEXAS — A partnership between Birtcher Anderson & Davis Associates and Belay Investment Group has sold a 49,650-square-foot industrial complex in the northern Dallas metro of Carrollton. The two-building property at 1415-1425 Whitlock Lane was fully leased at the time of sale. Stream Realty Partners marketed the property for sale. The buyer and sales price were not disclosed.

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AcquisitionsFloridaIndustrialSoutheast

NAI Miami | Fort Lauderdale Brokers $6.6M Sale of Industrial Site in Medley, Florida

by John Nelson

MEDLEY, FLA. — NAI Miami | Fort Lauderdale has brokered the $6.6 million sale of a 2.6-acre industrial site located at 7501 N.W. 72nd Ave. in Medley, about 14 miles northwest of Miami. Locally based Tekton Construction Corp. purchased the site from the seller, an entity doing business as 7501 Medley Civil LLC. Larry Gautier and Michael Holmquist of NAI Miami | Fort Lauderdale represented the seller in the transaction. The site, which features an existing facility, fronts Milam Dairy Road (State Route 969) and provides convenient access to U.S. Highway 27. Future plans for the site were not released.

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IndustrialLeasing ActivityTexas

LanCarte Commercial Negotiates 24,000 SF Industrial Lease in West Fort Worth

by Taylor Williams

FORT WORTH, TEXAS — Local brokerage firm LanCarte Commercial has negotiated a 24,000-square-foot industrial lease in West Fort Worth. The tenant was not disclosed. The space is located across two newly constructed buildings within Wilks Development’s 200-acre Markum Business Park. Sarah LanCarte and Finn Wilson of LanCarte Commercial represented the landlord in the lease negotiations.

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DevelopmentIndustrialMassachusettsNortheastOffice

INDUS to Open 75,000 SF Headquarters Facility in Middleborough, Massachusetts

by Taylor Williams

MIDDLEBOROUGH, MASS. — INDUS, a locally based roadway rehabilitation and pavement preservation contractor, will open a 75,000-square-foot headquarters facility in Middleborough, located south of Boston. INDUS purchased a parcel within The Campus at Canopy Drive, an approximately 700,000-square-foot development owned by VMD Cos., earlier this year for $11.6 million. Design work is underway on the facility, which will include 7 acres of outdoor storage space and will also function as a consolidated hub of field operations, bringing 20 permanent new jobs to Middleborough. CBRE is the leasing agent for The Campus at Canopy Drive.

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IndustrialLeasing ActivityMassachusettsNortheast

Fairbanks Morse Defense Signs 71,350 SF Industrial Lease in Wrentham, Massachusetts

by Taylor Williams

WRENTHAM, MASS. — Fairbanks Morse Defense, a provider of maritime engineering and manufacturing solutions, has signed a 71,350-square-foot industrial lease in Wrentham, located along the Massachusetts-Rhode Island border. The space is located within the 176,800-square-foot building at 315 Green St., which features a clear height of 32 feet. Kelly Sullivan and Rachel Igoe of Cushman & Wakefield represented the tenant, which plans to take occupancy in the fourth quarter, in the lease negotiations. Ellison Patten and James Tambone of Lincoln Property Co. internally represented the landlord, which developed the building in partnership with real estate private equity firm Stockbridge.

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AcquisitionsIllinoisIndustrialLee & AssociatesMidwest

Lee & Associates Brokers Sale of 455,858 SF Industrial Property in Lansing, Illinois

by Kristin Harlow

LANSING, ILL. — Lee & Associates of Illinois has brokered the sale of a 455,858-square-foot warehouse located at 16801 Exchange Ave. in Lansing, a south suburb of Chicago. Walter Murphy of Lee & Associates represented the buyer, RBT Industries (The Great Escape), a retailer of home leisure products. RBT will occupy 313,982 square feet of the building while the remainder will be leased to LKQ Corp. Stephanie Park, Colin Green and Traci Payette of CBRE represented the seller, Plymouth Industrial REIT Inc.

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DevelopmentIllinoisIndustrialMidwest

Principle Construction Completes Warehouse Renovation for POLI FILM America in Hampshire, Illinois

by Kristin Harlow

HAMPSHIRE, ILL. — Principle Construction Corp. has completed a warehouse renovation for POLI FILM America Inc. at One Elgiloy Drive in Hampshire, a far northwest suburb of Chicago. The project provides the protective plastic film manufacturer with a streamlined, rectangular floor plan designed to optimize high-volume manufacturing operations. The centerpiece of the project involved relocating 12 precast concrete panels from an existing 133-foot wall. By moving these panels and integrating new ones, Principle enclosed the inner section of a previously L-shaped warehouse, converting it into a contiguous space. Principle also expanded the west side dock apron and added two new dock positions in the existing warehouse space. The addition of 38,956 square feet to the manufacturing facility included a new entry door and a drive-in door, a gas-fired make-up air unit, ballasted roof and lighting. Principle also installed an infiltration pit for increased stormwater management capacity. Harris Architects was the architect.

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Park-91-Tolleson-AZ
AcquisitionsArizonaIndustrialWestern

Martens Development Sells Two-Building Industrial Complex in Tolleson, Arizona

by Amy Works

TOLLESON, ARIZ. — Phoenix-based Martens Development has sold Park 91, a two-building industrial complex in Tolleson, to AEW Capital Management, on behalf of a separate account client, for an undisclosed price. The facility was designed to accommodate a range of occupiers through modern specifications, adaptable layouts and high-capacity infrastructure that support logistics, distribution, light manufacturing and service-oriented operations. Will Strong, Michael Matchett, Molly Miller, Jack Stamets and Madeline Warren of Cushman & Wakefield represented both parties in the transaction. Cushman & Wakefield’s Gary Anderson and Nik Vallens provided leasing advisory services for the asset.

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AcquisitionsIndustrialSelf-StorageTexas

Versal Negotiates Sale of 464-Unit Self-Storage Facility in Lubbock, Texas

by Taylor Williams

LUBBOCK, TEXAS — Self-storage brokerage firm Versal has negotiated the sale of All American Storage, a 464-unit facility located in the West Texas city of Lubbock. The facility spans 54,453 net rentable square feet. Bill Bellomy, Michael Johnson, Logan Foster, Hugh Horne and Kirk Silas of Versal represented the Waco-based seller in the transaction and procured the South Florida-based buyer. Both parties were limited liability companies. The sales price was also not disclosed.

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