Industrial

Harbor Associates, Farallon Capital Acquire 280,000 SF Yorba Linda Commerce Center in California

by Amy Works May 19, 2026

YORBA LINDA, CALIF. — A joint venture between Harbor Associates and Farallon Capital Management has purchased Yorba Linda Commerce Center, a small-bay industrial campus in Yorba Linda, in an off-market transaction valued at $81 million. The seller was a private family that had owned the property for more than 30 years. Located at 3910 Prospect Ave., Yorba Linda Commerce Center features 280,000 square feet of industrial space spread across 10 single- and multi-tenant buildings featuring 83 units ranging in size from 1,200 square feet to 24,000 square feet. Each unit includes office space, clear heights up to 22 feet, ground-level doors, ample electrical capacity, LED lighting and updated HVAC systems. Built in 1987, the asset was 98 percent leased at closing. Gary Martinez of Ashwill Associates represented the seller in the transaction. Shaun Moothart, Bob Ybarra and Andrew Post of CBRE represented Harbor in securing a $56 million fully funded loan that was provided by an affiliate of QuadReal Property Group with Brandon Bachner leading the financing on behalf of QuadReal.

May 19, 2026

Acquisitions Industrial South Carolina Southeast

BGO Acquires 851,500 SF Logistics Facility in Metro Charlotte

by John Nelson May 19, 2026

ROCK HILL, S.C. — BGO has purchased Legacy Park East, an 851,500-square-foot logistics facility located at 2087 Williams Industrial Blvd. in Rock Hill, a southern suburb of Charlotte. Dave Andrews, Pete Pittroff, Michael Scarnato and Michael Lewis of JLL represented the seller, Scannell Properties, in the transaction. The sales price was not disclosed. Built in 2024, Legacy Park East is situated on a 72.7-acre site near I-77 and the Norfolk Southern Charlotte Intermodal Terminal. The property features 40-foot clear heights, 185-foot truck courts, 177 trailer parking spaces and 403 auto parking positions and was fully leased to two tenants at the time of sale.

May 19, 2026

Development Florida Industrial Southeast

Stotan, CrossHarbor Capital to Develop 306,980 SF Industrial Property on Florida’s Space Coast

by John Nelson May 19, 2026

TITUSVILLE, FLA. — A partnership between Chicago-based Stotan Industrial and CrossHarbor Capital Partners plans to develop NASA Causeway Logistics Center, a two-building industrial project totaling 306,980 square feet in Titusville, a city on Florida’s Space Coast in Brevard County. The 28.6-acre site, located within Vector Space Business Park, will sit immediately adjacent to the NASA Causeway and approximately five miles from Kennedy Space Center. NASA Causeway Logistics Center will comprise the 215,460-square-foot Building A and the 91,520-square-foot Building B. The buildings will offer 32-foot clear heights, up to 85 dock-high doors, four drive-in doors, more than 300 auto parking spaces and 55 trailer parking spaces. Lightle Beckner Robison advised Stotan in the land deal. Construction will begin immediately, with delivery anticipated in second-quarter 2027.

May 19, 2026

Wintergreen-Distribution-Center-Hutchins-Texas

Development Industrial Texas

KCC Underway on 266,788 SF Industrial Build-Out in Hutchins, Texas

by Taylor Williams May 18, 2026

HUTCHINS, TEXAS — Chicago-based Krusinski Construction Co. (KCC) is underway on the tenant build-out of Wintergreen Distribution Center, a 560,030-square-foot industrial project in Hutchins, a southeastern suburb of Dallas. The project is a build-to-suit for for HVAC products and systems provider Cooper & Hunter, which will occupy 266,788 square feet within the building. Completion is slated for June. Designed by Azimuth Architecture and delivered in 2024 by IAC Properties, Wintergreen Distribution Center sits on a 34-acre site and features 40-foot clear heights, four drive-in doors and parking for 328 cars and 151 trailers.

May 18, 2026

Acquisitions Industrial Lee & Associates Texas

Lee & Associates Negotiates Sale of Four Industrial Outdoor Storage Sites in Texas

by Taylor Williams May 18, 2026

DALLAS — Lee & Associates has negotiated the sale of four industrial outdoor storage (IOS) sites in Texas. The facilities — located at 1927 W. Commerce St. in Dallas, 3405 Aldine Bender Road in Houston, 3928 Naco Perrin Blvd in San Antonio and 8601 Tuscany Way in Austin — traded as part of a 56.2-acre, 230,000-square-foot IOS portfolio that also included a facility in Chicago. Alex Wilson of Lee & Associates represented the buyer, Transport Properties, in the transaction. The seller and sales price were not disclosed.

May 18, 2026

Industrial Loans Texas

Foss Real Estate Arranges $7M in Bridge Financing for Arlington Industrial Property

by Taylor Williams May 18, 2026

ARLINGTON, TEXAS — Local financial intermediary Foss Real Estate Partners has arranged $7 million in bridge financing for Oakhollow Business Park, an 84,469-square-foot industrial property in Arlington. According to a property brochure on LoopNet Inc., Oakhollow Business Park was built on a 5.5-acre site in 1984 and renovated in 2020. The loan was structured with a 70 percent loan-to-cost ratio and a fixed interest rate of 6.5 percent. The borrower and direct lender were not disclosed.

May 18, 2026

Illinois Industrial Leasing Activity Midwest

AKIRA Signs 202,105 SF Industrial Lease Extension in Metro Chicago

by Kristin Harlow May 18, 2026

BOLINGBROOK, ILL. — Chicago-based fashion retailer AKIRA has signed a long-term lease extension for 202,105 square feet of warehouse space at 150 E. Crossroads Parkway, Unit A, in Bolingbrook. Dan Leahy and Dan O’Neill of NAI Hiffman represented the tenant. Since its founding in 2002, AKIRA has grown from a single boutique into 40 stores across multiple states along with an e-commerce platform. In late 2024, NAI Hiffman was engaged to conduct a comprehensive market assessment of industrial warehouse opportunities throughout the Midwest ahead of AKIRA’s lease expiration. The evaluation process included market surveys, ownership outreach, financial modeling and operational logistics analysis. Prologis owns the property.

May 18, 2026

Acquisitions Indiana Industrial Midwest

Colliers Negotiates Sale of 149,012 SF Industrial Portfolio in Indianapolis

by Kristin Harlow May 18, 2026

INDIANAPOLIS — Colliers has negotiated the sale of Georgetown Commerce Park, a two-building light industrial portfolio totaling 149,012 square feet in Indianapolis. The properties are situated within the Park 100 industrial park and feature clear heights ranging from 16 to 20 feet, 25 dock doors, 23 drive-in doors and 337 parking spaces. At the time of sale, the portfolio was 95.6 percent occupied by 21 tenants. Alex Cantu, Alex Davenport, Jeff Devine, Steve Disse, Tyler Ziebel, Jason Speckman, Tyler Wilson and Sydney Gabriel of Colliers represented the undisclosed seller. The buyer was Blue Ridge Industrial LLC, a Dallas-based private equity firm.

May 18, 2026

California Company News Connecticut Industrial Northeast Top Stories Western

Sachem Capital, IRG Enter Into Agreement to Create $3.4B Industrial REIT

by Taylor Williams May 18, 2026

BRANFORD, CONN. AND LOS ANGELES — Sachem Capital Corp. (NYSE: SACH), a Connecticut-based real estate finance company, and Los Angeles-based Industrial Realty Group (IRG) have entered into a definitive contribution agreement to form a new industrial REIT with a market value of $3.4 billion. The deal is expected to close by the end of the year. Under the terms of the agreement, IRG will contribute 98 industrial properties from its portfolio of 200 assets to Sachem. Once complete, the newly formed company will operate as IRG Realty Trust Inc. (IRGT) and is expected to have an industrial portfolio with a gross real estate asset value of $2.9 billion. In addition, the new company will carry Sachem’s approximately $470 million (as of March 31, 2026) in direct and indirect mortgage loans, investments in developmental and owned real estate and other assets. The transaction values Sachem’s common shares at $2 per share, representing a 90 percent premium to the company’s 30‑day volume weighted average price. Upon closing, IRGT Inc. will focus on mission‑critical industrial infrastructure that supports manufacturing and distribution users. Assets that are not being contributed will continue to be owned and operated by IRG’s existing private business. “This accretive transaction …

May 18, 2026

Acquisitions Industrial Leasing Activity Texas

Outrigger Industrial Sells 1 MSF Building at Generation Park in Northeast Houston

by Taylor Williams May 15, 2026

HOUSTON — Outrigger Industrial has sold a 1 million-square-foot building within Generation Park, a 4,000-acre master-planned development in northeast Houston. The building sits on a 72-acre site at 12515 Lockwood Road and features 40-foot clear heights, ESFR sprinkler systems and “abundant” car and trailer parking. The buyer and sales price were not disclosed. Additionally, Outrigger has entered into a lease with Representative Materials Co. for the entirety of its other, 255,871-square-foot building within Generation Park. Jarret Venghaus, Jeff Venghaus and David Holland represented Outrigger in both transactions. JLL also represented both the buyer in the sale and the tenant in the lease negotiations.

May 15, 2026

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