Industrial

EQT Real Estate Divests of 275,243 SF Industrial Building in Temecula, California

by Amy Works June 10, 2026

TEMECULA, CALIF. — EQT Real Estate has divested of 41980 Winchester Road, a 275,243-square-foot industrial building located in Temecula. San Diego-based investment company SENTRE acquired the asset for an undisclosed price. Bryce Aberg, Jeff Chiate, Rick Ellison, Charlie Jacobs, Matthew Leupold and Aubrie Monahan of Cushman & Wakefield represented the seller in the deal. Max Schafer and Brian Share of Cushman & Wakefield’s Equity, Debt & Structured Finance team arranged acquisition financing for the transaction. The building features 26-foot clear heights, “efficient” loading capabilities and “ample” parking. The fully occupied property also provides immediate connectivity to major distribution corridors serving San Diego, Orange County, Calif., and the broader Inland Empire.

June 10, 2026

Arizona Development Industrial Western

Stevens-Leinweber Breaks Ground on 58,250 SF Office-to-Industrial Redevelopment in Tempe, Arizona

by Amy Works June 10, 2026

TEMPE, ARIZ. — Phoenix-based general contractor Stevens-Leinweber Construction has broken ground on TenSixty Interchange, an office-to-industrial redevelopment in Tempe, on behalf of Alidade Capital and Pine Creek Real Estate Partners. The project will bring new mid-size, infill industrial product to the Interstate 10/Baseline Road corridor. Prior to the groundbreaking, a two-story office building on the site was demolished to prepare a shovel-ready development parcel. When complete, TenSixty Interchange will total 58,250 square feet of Class A, small-bay industrial space. Situated on 4.5 acres at 4415 S. Wendler Drive, the property will feature 24-foot clear heights and accommodations for multiple mid-size tenants or up to six smaller tenants with divisibility to approximately 9,700 square feet. Additional features will include full HVAC, LED lighting, 3,000 amps of power and a 1,985-square-foot speculative office suite on each endcap. TenSixty Interchange will also include 16 dock doors, eight grade-level doors and 83 parking spaces. Butler Design Group is serving as architect for the project. Steve Larsen, Jason Moore and Katie White of JLL will handle leasing for the property.

June 10, 2026

Acquisitions Illinois Industrial Loans Midwest

Marcus & Millichap Brokers $15M Sale of Industrial Property Near St. Louis

by Kristin Harlow June 10, 2026

ALTON, ILL. — Marcus & Millichap has brokered the $15 million sale of Alton Center Business Park, a 450,000-square-foot industrial property located in the St. Louis suburb of Alton. Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged $12.4 million in acquisition financing on behalf of the buyer, Rockford Asset Management. Alton Center Business Park sits on 133.8 acres and features 22 dock-high doors, five grade-level doors, clear heights between 23 and 25 feet and outdoor storage capacity. Imperial Manufacturing Group anchors the property, which was 70 percent leased at the time of sale. Tyler Sharp and Adam Abushagur of Marcus & Millichap represented the seller, a private family partnership, in the transaction and procured the buyer. Frank Montalto and Ethan Splan of IPA arranged the three-year loan, which carries multiple extension options and a 75 percent loan-to-cost ratio, through a direct bridge lender.

June 10, 2026

Development Industrial Texas Top Stories

TOYO to Build $357M Solar Cell Manufacturing Facility in Metro Houston

by Kristin Harlow June 10, 2026

HOUSTON — Tokyo-based solar manufacturing company TOYO Co. Ltd. (NASDAQ: TOYO) has unveiled plans to expand its U.S. manufacturing platform by building a 1.5 gigawatt (GW) solar cell manufacturing facility that will be co-located at the company’s existing solar module site in metro Houston. The project is intended to create an integrated manufacturing hub that is expected to generate approximately 400 direct full-time manufacturing jobs. The expansion represents a total projected capital investment of approximately $357 million. Engineering, facility design and procurement planning are underway, with full project completion and initial pilot production expected within 20 months. The project will be carried out in structured phases to ensure compliance with local regulatory frameworks and permitting timelines. The facility will produce next-generation heterojunction (HJT) solar cells. Engineered for maximum yield, HJT cells utilize a technology that delivers an optimal temperature coefficient, ensuring high power production even in extreme heat, according to TOYO. By co-locating the facility with its module operations, TOYO expects to achieve operational synergies, reduce localized logistics costs and shorten the production cycle. “Expanding into domestic cell manufacturing is the natural next step in our commitment to creating an integrated onshore solar supply chain from polysilicon to panels,” says …

June 10, 2026

Acquisitions Industrial Texas

Bradford Arranges Sale of 41,780 SF Industrial Flex Building in Haltom City, Texas

by Taylor Williams June 9, 2026

HALTOM CITY, TEXAS — Bradford Commercial Real Estate Services has arranged the sale of a 41,780-square-foot industrial flex building in Haltom City, located north of Fort Worth. The facility at 2525 Minnis Drive formerly housed the manufacturing operations of Sunair Products. The seller was First Sunday Property Management Group, and the buyer was steel and aluminum products manufacturer Flannery Inc. Luke Clardy of Bradford brokered the deal.

June 9, 2026

Industrial Leasing Activity Texas

Barcel USA Signs 24,178 SF Industrial Lease in Irving

by Taylor Williams June 9, 2026

IRVING, TEXAS — Barcel USA, a local snackmaker, has signed a 24,178-square-foot industrial lease in Irving. The space is located within Building II of Freeport Business Park. John Paul Floyd of CBRE represented the tenant in the lease negotiations. Andrew Gilbert, Keaton Brice and Jon Skidmore of Holt Lunsford Commercial represented the landlord, Dallas-based ATCAP Partners.

June 9, 2026

Acquisitions Industrial New Jersey Northeast Property Type

JLL Brokers $24.5M Sale of Industrial Service Facility in Edison, New Jersey

by Taylor Williams June 9, 2026

EDISON, N.J. — JLL has brokered the $24.5 million sale of a 5.5-acre industrial service facility in the Central New Jersey community of Edison. The facility at 76 National Road features a 25,000-square-foot warehouse with a clear height of 16 feet, four dock doors and two drive-in doors. Jason Lundy, Nicholas Stefans and Luke Ceccoli of JLL represented the seller, K Group, in the transaction. Michael Klein, Max Custer, Kevin Badger and Matthew McManus, also with JLL, arranged an undisclosed amount of acquisition financing through an unnamed regional bank on behalf of the buyer, regional owner-operator Ridgecut Road.

June 9, 2026

Development Industrial South Carolina Southeast

NAI Earle Furman Negotiates Sale of 425 Acres in Upstate South Carolina for $1.2B USA Rare Earth Manufacturing Plant

by John Nelson June 9, 2026

BLACKSBURG, S.C. — NAI Earle Furman has negotiated the sale of approximately 425 acres located at 998 Blacksburg Highway in Blacksburg, a city in Upstate South Carolina’s Cherokee County. Brian Hammond, Scout Hammond, Richard Heatly and Alec Moncini of NAI Earle Furman represented the unnamed land seller in the transaction. Situated within Bailey Industrial Park, the site will serve as the future home of a $1.2 billion magnet and refined metals manufacturing plant for USA Rare Earth Inc., a publicly traded leader in rare earths, minerals and advanced materials manufacturing and refinement. The project is the first facility in South Carolina for the manufacturer, which plans to create 490 jobs with the development at full build-out. Engineering work and equipment procurement for the Blacksburg facility is underway, with site work expected to commence in the coming months and commissioning targeted to begin in 2028. The facility will support USA Rare Earth’s magnet manufacturing campus in Stillwater, Okla., and its processing sites in Colorado and Texas.

June 9, 2026

Data Centers Loans Southeast Virginia

Newmark Arranges $975M Financing for Data Center Development in Northern Virginia

by John Nelson June 9, 2026

GAINESVILLE, VA. — Newmark has arranged $975 million in financing for Project Helios, a newly delivered data center development in Northern Virginia. According to national media reports, the data center project is situated within the Gainesville Data Center campus in Prince William County. Jordan Roeschlaub, Christopher Kramer, Chris Lozinak, John Caraviello, Ryan Bub, Andrew Warin and Phil O’Bannon of Newmark arranged the financing through Blue Owl Capital on behalf of the borrower, a joint venture between Affinius Capital and Corscale Data Centers. Project Helios was fully leased at the time of financing to an unnamed cloud service provider under a long-term lease, according to Newmark.

June 9, 2026

Acquisitions Florida Industrial Southeast

Dalfen Industrial Acquires 419,253 SF Portfolio in South Florida

by John Nelson June 9, 2026

FORT LAUDERDALE, FLA. — Dalfen Industrial has acquired a nine-building industrial portfolio in South Florida’s Broward County totaling 419,253 square feet. The Dallas-based investment and development firm purchased the properties at 55 percent replacement cost. The portfolio was 83 percent leased at the time of sale to tenants including FedEx, Event Service Group Realestate LLC, Chromalloy Material Solutions LLC and Commercial Distribution Specialists Inc. The properties offer direct access to I- 95 and the Florida Turnpike, as well as proximity to Port Everglades and Fort Lauderdale-Hollywood International Airport. The seller and sales price were not disclosed.

June 9, 2026

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