Thursday, November 27, 2025
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Industrial

IndustrialLeasing ActivitySoutheastVirginia

Matan Inks 219,456 SF Industrial Lease With DSV in Stafford, Virginia

by John Nelson

STAFFORD, VA. — Matan Cos. has signed DSV, a global transport and logistics firm headquartered in Denmark, to a full-building lease in Stafford. Named Crossroads Industrial, the 219,456-square-foot building features 32-foot clear heights, 50- by 52-foot column spacing, 64 dock doors, LED lighting, ESFR sprinklers and 20 trailer and 323 car parking spaces. The facility sits within the region’s I-95 industrial corridor and lies equidistant between Richmond and Washington, D.C. Matan, which is based in Frederick, Md., plans to soon launch Venture Industrial, another industrial facility located in Stafford County.

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AcquisitionsFloridaIndustrialSoutheast

Viking Partners, Decker Capital Purchase Industrial Portfolio in Jacksonville for $26.5M

by John Nelson

JACKSONVILLE, FLA. — A joint venture between Cincinnati-based Viking Partners and Decker Capital has acquired an eight-building industrial portfolio in Jacksonville for $26.5 million. The multi-tenant portfolio spans 198,360 square feet and is situated in the city’s Southside industrial submarket near the Port of Jacksonville. The portfolio was roughly 90 percent leased at the time of sale and represents Viking’s second industrial acquisition in Florida this year.

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IndustrialLoansNorth CarolinaSoutheast

MMCC Arranges $8.9M Loan for Industrial Property in Robersonville, North Carolina

by John Nelson

ROBERSONVILLE, N.C. — Marcus & Millichap Capital Corp. (MMCC) has arranged an $8.9 million loan for a 206,369-square-foot industrial property located at 201 E. 3rd St. in Robersonville. Flagstone Foods, a private healthy snack maker and distributor, fully occupies the facility. Chad O’Connor of MMCC’s San Diego office arranged the 10-year loan through a local credit union on behalf of the undisclosed borrower. The loan features a 6.09 percent interest rate and a 30-year amortization schedule.

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Data CentersDevelopmentIndianaIndustrialMidwest

Amazon Plans to Invest $15B to Build New Data Center Campuses in Northern Indiana

by Kristin Harlow

INDIANA — Amazon has unveiled plans to invest an estimated $15 billion in northern Indiana to build new data center campuses to support artificial intelligence (AI) and cloud computing technologies. The company says that generative AI is driving increased demand for advanced cloud infrastructure and compute power. The investment is in addition to the $11 billion investment announced last year in St. Joseph County and will expand Amazon’s infrastructure to new sites across Indiana. The new project will add 2.4 gigawatts of data center capacity in the region. The investment is expected to create more than 1,100 new high-skilled jobs while supporting thousands of other jobs in the data center supply chain. Amazon has partnered with NIPSCO to power its data centers. Through its newly created subsidiary NIPSCO Generation LLC, Amazon will pay fees to use existing power lines and cover the costs for any new power plants, power lines or equipment needed to serve the data center project without additional cost to local residents and businesses. These cloud computing and AI innovation campuses join Amazon’s operations footprint across Indiana that now includes 15 fulfillment and sortation centers, 11 delivery stations and data centers in New Carlisle, Ind. Since 2010, …

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AcquisitionsIndustrialTexas

Constellation Sells 424,011 SF Industrial Facility in Southwest Houston

by Taylor Williams

HOUSTON — Texas-based developer Constellation Real Estate Partners has sold Constellation Post Oak, a 424,011-square-foot industrial complex in southwest Houston. Announced in March 2022 and developed in partnership with a fund advised by Crow Holdings Capital, the property comprises a 304,400-square-foot, cross-dock building with 36-foot clear heights and a 121,800-square-foot, front-load building with 32-foot clear heights. Nathan Wynne of CBRE represented Constellation in the sale. The buyer, LBA Realty, was self-represented.

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AcquisitionsIndustrialTexas

AKRE Partners Buys 16,945 SF Warehouse in Laredo, Texas

by Taylor Williams

LAREDO, TEXAS — Industrial investment firm AKRE Partners has purchased a 16,945-square-foot warehouse within Milo Distribution Center in the Rio Grande Valley city of Laredo. According to LoopNet Inc., the small-bay building at 310 Union Pacific Blvd. was completed in 1994 and features 20-foot clear heights, 22 trailer parking spaces and 1,200 square feet of office space. The seller and sales price were not disclosed.

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AcquisitionsIndustrialNortheastPennsylvaniaTop Stories

EQT Real Estate Sells 8.7 MSF Logistics Portfolio Across 13 Markets

by Kristin Harlow

RADNOR, PA., AND CHEVY CHASE, MD. — EQT Real Estate, on behalf of its EQT Real Estate Industrial Core-Plus Fund II, has sold a 25-property logistics portfolio totaling 8.7 million square feet across 13 markets. The sales price was not disclosed, but the transaction marks the largest U.S. industrial sale so far in 2025, according to Radnor-based EQT Real Estate. Chevy Chase-based Artemis Real Estate Partners was the buyer. The portfolio spans distribution markets such as Atlanta, Chicago, New York, Phoenix and Texas. The assets feature an average clear height of 31 feet, cross-dock and rear-load configurations, expansive truck courts and generous parking accommodations. Most of the properties were developed after 2000, and EQT Real Estate began assembling and managing the portfolio in 2020. The properties are more than 95 percent leased to 25 tenants active in distribution, e-commerce, food and beverage and manufacturing. EQT Real Estate says the transaction marks the culmination of its multi-year strategy to assemble and scale a national logistics platform in high-growth, supply-constrained U.S. markets. Additionally, the sale reflects investor appetite for stabilized, institutional logistics properties with long-term demand drivers and limited new supply. John Huguenard, Trent Agnew and Will McCormack of JLL represented EQT …

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DevelopmentIndustrialLeasing ActivitySouth CarolinaSoutheast

Glenstar Inks 1.3 MSF Industrial Lease with First Solar at CCC-85 Project in Gaffney, South Carolina

by John Nelson

GAFFNEY, S.C. — Glenstar Logistics has signed First Solar to a 1.3 million-square-foot lease at Cherokee Commerce Center 85 (CCC-85), a 290-acre industrial development in Gaffney. First Solar will invest $330 million to expand CCC-85’s Building 2 from a 550,520-square-foot, cross-dock facility into a 3.7-gigawatt manufacturing plant spanning 1.3 million square feet. First Solar will use the facility to transform thin-film solar cells produced by First Solar’s international fleet into fully assembled modules. The plant is expected to create more than 600 jobs and begin operations in second-half 2026. The facility is located at 121 Logistics Drive, which sits about equidistant between Charlotte and Greenville along I-85 in Cherokee County. First Solar, which is the largest solar panel manufacturer in the country, operates a distribution center in nearby Duncan, S.C. Michael White of Savills and Nate Zoucha of CBRE represented First Solar in the lease transaction. John Montgomery, Garrett Scott, Dillon Swayngim and Brockton Hall of Colliers’ Spartanburg office represented the landlord. The design-build team for the expansion includes Evans General Contractors, Ware Malcomb and SeamonWhiteside. Glenstar, along with capital partner Creek Lane Capital, delivered Building 2 at CCC-85 in January.

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IndustrialLeasing ActivityNorth CarolinaSoutheast

Trammell Crow Signs Momentec Brands to 755,926 SF Industrial Lease in Kannapolis, North Carolina

by John Nelson

KANNAPOLIS, N.C. — Trammell Crow Co. has signed custom sports uniform manufacturer Momentec Brands to a full-building lease at Metro 63, a 755,926-square-foot distribution center in Kannapolis. Matt Treble, Fermin Deoca and Drew Coholan of Cushman & Wakefield represented Trammell Crow Co. in the lease deal. Bob Rosenthal and Grant Miller of Colliers represented Momentec Brands. Built in late 2022, the 94-acre property is located at 5700 Royce St., about 30 miles north of Charlotte via I-85. The facility, rebranded as The Momentec Customer Success Center, will house 700 employees once fully operational in the first half of 2026. The cross-dock facility features 40-foot clear heights, ESFR fire protection, multiple points of ingress and egress, 190-foot truck courts, 172 trailer drops, 490 auto parking spaces and 10 acres of auxiliary parking. Momentec Brands is consolidating its distribution network, which was spread across six properties in six states in the Southeast and Midwest. Momentec Brands is the result of a merger between Augusta Sportswear Brands and Founder Sport Group. The company is a subsidiary of Platinum Equity.

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AcquisitionsCaliforniaIndustrialWestern

Dalfen Industrial Acquires 13-Building Portfolio in West Sacramento, California

by Amy Works

WEST SACRAMENTO, CALIF. — Dalfen Industrial has purchased West Sacramento Logistics Portfolio, a multi-building infill industrial portfolio within the West Sacramento industrial corridor. Totaling 1.3 million square feet on 68 acres, the portfolio features 13 buildings that are 97 percent leased to 31 tenants with an average weighted lease term of 3.5 years and an average suite size of approximately 30,000 square feet. Notable tenants include Crown Equipment Corp., Beckman Coulter Inc., MacArthur Co., KP LLC, Cameron Ashley Building Products and the State of California. With this acquisition, Dalfen Industrial now owns and operates 10.2 million square feet of industrial real estate in the Western United States.

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