NEW YORK CITY — Stuf Storage has opened a 110-unit self-storage facility in Brooklyn. The facility is located at 550 Fifth Ave. in the Park Slope neighborhood and consists of gross 9,000 net rentable square feet of space. Units range in size from 20 square feet to 250 square feet. The owner of the building was not disclosed. Stuf Storage now operates about 30 facilities across seven states.
MOUNT LAUREL, N.J. — Colliers has negotiated the sale of a 17,768-square-foot industrial building located just outside Philadelphia in Mount Laurel. The building, which according to LoopNet Inc. was built in 1970 and features a clear height of 16 feet, was renovated in 2017 and fully leased at the time of sale. Marc Isdaner and Ian Richmond of Colliers represented the seller, East Capital Partners, in the transaction. The buyer was an undisclosed 1031 exchange investor.
MESA, ARIZ. — CapRock Partners has acquired Longbow Industrial Park, a two-building industrial complex in Mesa, from a private investor for an undisclosed price. Situated on 14.5 acres on the northwest corner of McDowell Road and 58th Circle, Longbow Industrial Park offers a total of 244,286 square feet of Class A industrial space. Both individual buildings feature 30-foot clear heights, 2,400 square feet of speculative office space, warehouse HVAC and LED lighting, dock packages on one-third of the dock-high doors, ESFR sprinklers, ample power, a fully secured, 182-foot concrete truck court and a large wrap-around parking lot with 320 auto stalls. The 129,165-square-foot Building 1 (divisible to 30,031 square feet) offers 36 dock-high doors and four motorized grade-level doors, while the 115,121-square-foot Building 2 (divisible to 26,291 square feet) features 34 dock-high doors and four motorized grade-level doors. Stein Koss, Tom Louer, Marc Pierce and Fenton Kelly at Lee & Associates represented CapRock Partners in the acquisition and is handling leasing for the project.
HOUSTON — Locally based brokerage firm Finial Group has negotiated a full-building, 10,000-square-foot industrial lease in northwest Houston. According to LoopNet Inc., the property at 8707 Fallbrook Drive was built in 2006. Jack Gaffney and Andrew Bischoff of Finial Group represented the undisclosed landlord in the lease negotiations. The representative of the tenant, Womack Machine Supply Co., was not disclosed.
DEVENS, MASS. — Locally based developer King Street Properties has received an undisclosed amount of construction financing for a 210,000-square-foot advanced manufacturing project that will be located in the northwestern Boston suburb of Devens. The building at 75 Jackson Road will be the fourth such structure on the 700,000-square-foot Pathway Devens campus. Preliminary sitework is underway, and completion is slated for the third quarter of 2025. First Citizens Bank and Berkshire Bank provided the financing. The project team includes general contractor BW Kennedy, Vivo Architecture and Highpoint Engineering.
MADISON COUNTY, MISS. — Amazon Web Services (AWS) has broken ground on a $10 billion project in Madison County. Plans for the development include data center complexes across two industrial parks, in coordination with the Madison County Economic Development Authority (MCEDA). Local outlet WJTV reports that Mississippi lawmakers approved a $4 million incentive package for the project earlier this year. A press release issued by the office of Mississippi Gov. Tate Reeves, who signed a bill for the incentives, reports that the investment will create 1,000 jobs in the state. According to the Mississippi Development Authority, this marks the largest capital investment in the state’s history, at four times the size of the previous largest economic development project. WJTV reports that Reeves has said the data centers could be partially open as early as 2027.
MACON, GA. — First Quality Baby Products — which manufactures baby diapers, youth and training pants, adult incontinence products, feminine hygiene products, paper towels and bath tissue and packages products — has announced plans for a $418 million expansion of its facilities in Macon, roughly 85 miles southwest of Atlanta. Located adjacent to the company’s current facilities, at 2108 Avondale Mill Road, the expansion will create 600 jobs and will allow for a 50 percent increase in baby diaper and training pant manufacturing capacity, according to the brand. Candice Scott of the Georgia Department of Economic Development (GDEcD) represented the state in securing the project, working in partnership with the Macon-Bibb County Industrial Development Authority, Georgia Power and Georgia Quick Start. “We’re always thankful when job creators like First Quality choose to expand in Georgia, and we’ll keep working to strengthen these long-term partnerships that enrich communities in every corner of the state,” said Georgia Gov. Brian Kemp in a press release.
BALTIMORE — Knott Realty Group is underway on the development of two industrial buildings totaling 276,000 square feet at 9107 and 9114 Yellow Brick Road in Baltimore. Scheduled for completion in the second quarter of 2025, the properties will comprise 150,492 and 125,791 square feet, respectively, and feature 32-foot ceiling heights, ESFR sprinklers, high-bay LED lighting and a seven-inch concrete slab. 9107 Yellow Brick Road will offer 46 dock doors, two drive-in doors and 226 parking spaces, with 9114 Yellow Brick Road offering 38 dock doors, two drive-in doors and 160 parking spaces. An additional lot will provide the capacity for up to 29 trailer drops. Together, the buildings mark the final phase of Knott’s Yellow Brick Road business community, which will total more than 1 million square feet within nine buildings. The company is managing all marketing and leasing for the properties on an in-house basis.
NEW YORK CITY — Stuf Storage has opened a 180-unit self-storage facility in Brooklyn. The facility is located at 485 Clermont Ave. at the nexus of the Clinton Hill and Prospect Heights neighborhoods and consists of 15,000 gross square feet. Units range in size from 12 square feet to 240 square feet. Locally based developer RXR owns the property. Stuf Storage now operates about 30 facilities across seven states.
SHEBOYGAN FALLS, WIS. — NAI Pfefferle has brokered the sale of a 50,000-square-foot manufacturing building located at 520 Forest Ave. in Sheboygan Falls, a city in eastern Wisconsin. The sales price was undisclosed, but the asking price was $3.9 million. John Roberts of NAI Pfefferle brokered the sale. Buyer and seller information was not provided.