Friday, September 25, 2026
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Industrial

AcquisitionsIndustrialSoutheastTennessee

Lincoln Property Co. Buys 377,529 SF Industrial Park in Metro Nashville

by John Nelson

LEBANON, TENN. — Lincoln Property Co. has purchased Park 109, a four-building industrial park in metro Nashville spanning 377,529 square feet. Built in 2022, the property comprises four multi-tenant, shallow-bay distribution buildings on 32.8 acres along Tenn. Highway 109 in Lebanon, about 30 miles east of Nashville. Gary Kobus, Jacob Emery, Tyler Jones and Lane Baker represented the Dallas-based buyer in the transaction internally. The seller and sales price were not disclosed. Park 109 was fully leased at the time of sale.

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Family-Dollar
IndustrialLoansTop Stories

Family Dollar Receives $455.7M in Financing for National Distribution Center Portfolio

by Hayden Spiess

CHESAPEAKE, VA. — Family Dollar has received $455.7 million in financing for its national distribution center portfolio, which totals 7.1 million square feet across eight properties. Wells Fargo led the group that provided the floating-rate debt, which will be used to refinance existing loans.  An entity doing business as 1959 RE Holdings LLC, which acquired Family Dollar from Dollar Tree Inc. in 2025, is the borrower. The organization is a Delaware limited liability company that is controlled and partially owned by affiliates of Brigade Capital Management and Macellum Capital Management,  Virginia-based Family Dollar occupies the entirety of the portfolio on a long-term, triple-net master lease. The distribution network serves roughly 7,100 Family Dollar retail stores nationwide. Family Dollar has maintained operations at the properties for an average of 22 years.  Built between 1997 and 2013, the facilities range in size from 832,000 to 907,000 square feet, with clear heights ranging from 30 to 42 feet.  The portfolio benefits from access to major transportation corridors, and each distribution center is within reach of more than 123 million people within a 12-hour drive, on average.  Christopher Peck, Christopher Pratt and Alex Staikos of JLL Capital Markets led the debt origination efforts on …

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AcquisitionsIndustrialTexas

Moody Rambin Arranges Sale of 33,000 SF Industrial Complex in Houston

by Taylor Williams

HOUSTON — Locally based brokerage firm Moody Rambin has arranged the sale of Bennington Business Park, a 33,000-square-foot industrial complex located in the Independence Heights area of Houston. The complex spans 1.3 acres and includes traditional warehouse and small-bay industrial space. Stephen Ghedi and Lawton Anderson of Moody Rambin represented the seller, locally based investment firm Crescere Capital Management, in the transaction. The buyer was Rivergate Capital.

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Seefried-WDP-Chandler-AZ
ArizonaDevelopmentIndustrialWestern

Seefried, WDP Break Ground on 269,100 SF Industrial Park in Chandler, Arizona

by Amy Works

CHANDLER, ARIZ. — Seefried Industrial Properties, in partnership with WDP Partners, has broken ground on an industrial project at 1703 S. Arizona Ave. in Chandler. ARCO is serving as general contractor for the project, which is slated for completion in third-quarter 2027. Situated on 16.7 acres, the two-building project will feature 269,100 square feet of Class A industrial space. The project will include a 69,300-square-foot Building A and a 199,800-square-foot Building B. Both buildings will feature 32-foot clear heights and ESFR sprinkler systems, with a combined 65 dock-high doors, four grade-level doors, 204 parking spaces and 56 trailer spaces. Dan Calihan, Pat Feeney and Tyler Vowels of CBRE are handling leasing and marketing efforts for the development.

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AcquisitionsIndianaIndustrialMidwest

JLL Arranges Sale of 500,406 SF Industrial Building Near Indianapolis

by Kristin Harlow

MOORESVILLE, IND. — JLL Capital Markets has arranged the sale of Westpoint Business Park, Building IV, a 500,406-square-foot sustainable food packaging building in Mooresville near Indianapolis. Completed in 2022, the cross-dock facility is fully leased to a packaging and manufacturing company. It features a clear height of 40 feet, 52 dock-high doors, three drive-in doors, a 140-foot truck court, 319 automobile parking spaces and 60 trailer parking positions. The property also includes 12,417 square feet of office space. John Huguenard, Ed Halaburt, Will McCormack and Cameron Chandra of JLL represented the seller, Ambrose. SkyREM acquired the asset.

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AcquisitionsDevelopmentIllinoisIndustrialLee & AssociatesMidwest

Lee & Associates Brokers $4.5M Land Sale for Industrial Development in Metro Chicago

by Kristin Harlow

FRANKLIN PARK, ILL. — Lee & Associates of Illinois has brokered the $4.5 million sale of 4 acres at 11330 W. Melrose Ave. in Franklin Park. Jeff Provenza of Lee & Associates represented the buyer, Seefried Industrial Properties, which plans to develop an 81,670-square-foot building. Slated for completion in June 2027, the property will feature 32-foot ceilings, 14 exterior loading docks and visibility from I-294. Provenza and his team have also been retained for leasing. O’Brien Investment Group was the seller.

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AcquisitionsIndustrialTexas

Link Logistics Acquires 61,111 SF Industrial Building in Round Rock, Texas

by Taylor Williams

ROUND ROCK, TEXAS — New York City-based Link Logistics has acquired a 61,111-square-foot industrial building in the northern Austin suburb of Round Rock. According to LoopNet Inc., the building at 2401 Double Creek Drive was constructed in 1998. Link Logistics acquired the building, which was fully leased at the time of sale, as part of a two-property portfolio deal that also included a 291,285-square-foot property in the Dallas-Fort Worth metroplex city of Coppell. Stream Realty Partners brokered the deal. The seller and sales price were not disclosed.

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IndustrialLeasing ActivityTexas

Oxford Partners Negotiates 20,046 SF Industrial Lease Renewal in North Houston

by Taylor Williams

HOUSTON — Locally based brokerage firm Oxford Partners has negotiated a 20,046-square-foot industrial lease renewal in North Houston. The space is located within the building at 15360 Vantage Parkway W.  Sam Marnoy and Matt Rogers of Oxford Partners represented the tenant, M&C Pump Americas LLC, in the lease negotiations. Will Clay and Angela Watford of JLL represented the landlord, Old House Capital.

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AcquisitionsAlabamaDevelopmentIndustrialSoutheast

PRP Purchases Hyundai Mobis-Leased Distribution Center in Montgomery for $66.5M, Plans Expansion

by John Nelson

MONTGOMERY, ALA. — PRP Real Assets has acquired a newly built distribution center in Montgomery for $66.5 million. Delivered in September 2025, the 459,680-square-foot property is leased to Hyundai for 14 years and guaranteed by Hyundai Mobis, a supplier that is using the facility as its flagship redistribution center for Hyundai, Kia and Genesis aftermarket service parts. The facility services more than 2,000 car dealerships nationwide and is fully integrated within a larger, 1.6 million-square-foot Hyundai campus. The property is situated on a 60-acre site and features 36-foot clear heights, 36 dock-high doors and ESFR fire protection. In addition to the acquisition, PRP Real Assets has agreed to provide $30 million in incremental funding to expand the facility by more than 240,000 square feet. Further details of the expansion were not released.

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DevelopmentFloridaIndustrialSoutheast

Merritt Breaks Ground on Third Phase of North Jacksonville Industrial Park

by John Nelson

JACKSONVILLE, FLA. — Merritt Properties has broken ground on Phase III of Imeson Landing Business Park in north Jacksonville. The new phase will comprise three shallow-bay industrial buildings totaling 126,500 square feet. The new buildings will be situated across the road from the first two phases of Imeson Landing, which total 266,200 square feet across five buildings. Buildings 600, 700 and 800 will feature 16- and 18-foot clear heights, rear-loaded docks, 90- to 100-foot truck courts and move-in ready incubator spaces to support small, growing businesses. Merritt and general contractor ARCO/Design Build plan to deliver Phase III in second-quarter 2027. The Baltimore-based developer has tapped Ross Crabtree and Luke Pope of JLL to handle leasing at Imeson Landing’s third phase.

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