Industrial

Edgewood Park of Commerce

EDGEWOOD, FLA. — Foundry Commercial plans to develop Edgewood Park of Commerce (EPOC), a six-building, 565,000-square-foot industrial development located at 4857 S. Orange Blossom Trail in Edgewood, a suburb of Orlando. The locally based commercial real estate services firm and developer recently closed on the purchase of the 41-acre site from RandallMade Corp., the global knife manufacturer, for $14.1 million, according to local media outlets. EPOC will include three pairs of buildings, which will measure 80,000 to 107,400 square feet each, with truck courts and loading bays between them, according to the Orlando Business Journal. The outlet also reports that the $95 million project’s groundbreaking was originally anticipated for the third quarter of 2025. Foundry expects EPOC to deliver in the second half of 2027.

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LEESBURG, VA. — TA Realty, in collaboration with its data center development arm TA Digital Group, has sold two hyperscale data centers totaling 745,000 square feet in Leesburg, a city in Northern Virginia’s Loudoun County. The two facilities are the first completed buildings of a planned five-building, 450-megawatt (mW) hyperscale data center campus. The buyer and additional terms of the sale were not disclosed. The campus is set to be leased to a single, unnamed global cloud provider, according to Data Center Dynamics.

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In 2022, the Port of New Orleans (Port NOLA) announced the Louisiana International Terminal (LIT), a new $1.8 billion container terminal coming to Violet, a small city about 10 miles downriver (or south) from New Orleans in St. Bernard Parish. The project is a public-private partnership between Port NOLA and two private maritime industry leaders, Ports America and Terminal Investment Ltd., and is being funded with private capital and public funding from the State of Louisiana and federal sources. The U.S. Army Corps. of Engineers is managing LIT’s environmental review and permitting process, after which the public-private partnership will begin construction. Set for completion in 2028, the ambitious project is expected to generate 18,000 new jobs by 2050 and handle 2 million TEUs (twenty-foot equivalent units) of cargo traffic annually.  “I consider it the most important project in the entire region,” says Andrew Marcus, founder of local commercial real estate services firm Agile Coast. “From an economic development perspective and from a quality-of-life perspective, it is the single-most important project for our region, period. The LIT is going to be the beachhead for getting modernized containerized cargo ships to come in, and we have the ability to have several terminals …

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Weiser-Business-Park-Cypress

CYPRESS, TEXAS — A partnership between Trammell Crow Co. (TCC) and Clarion Partners has completed a 628,012-square-foot industrial project in Cypress, a northwestern suburb of Houston. The newly delivered buildings represent the third and final phase of Weiser Business Park. Designed by Seeberger Architecture with construction by A&F General Contractors, Buildings 5 and 6 at Weiser Business Park feature 36-foot clear heights, 54-foot-wide column spacing and ESFR sprinkler systems. Colliers is marketing the buildings for lease. Cadence Bank financed Phase III, construction of which began in February 2025. Phase I and II of Weiser Business Park comprised four buildings totaling approximately 1.1 million square feet that are now fully leased.

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DALLAS — NAI James E. Hanson, a New Jersey-based brokerage firm, has arranged the $8.8 million sale of a 20,000-square-foot cold storage facility in southwest Dallas. The newly renovated building at 4910 Joseph Hardin Drive includes 2,000 square feet of office space and has been net-leased to Bento Sushi for the past 10 years. Michael Walters and Cameron Silverstein of NAI Hanson represented the buyer, Anderson & Vreeland Realty Corp., in the transaction. The seller was CanTex Capital. The deal traded via a 1031 exchange, the structuring of which was supported by Chase Miller of NAI Robert Lynn.

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CARROLLTON, TEXAS — Locally based investment firm Dalfen Industrial has purchased a 70,635-square-foot industrial building in the northern Dallas metro of Carrollton. The multi-tenant building at 1625 W. Crosby Road was 71 percent leased at the time of sale to two tenants: Momentum Technologies and Central Cargo North America. The seller and sales price were not disclosed.

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POOLER, GA. — Porter Logistics, a third-party logistics (3PL) warehousing and transportation company, has moved into 195 Nordic Way, a 230,400-square-foot industrial facility in Pooler. Ryan Hoyt, Chris Tomasulo, Austin Kriz, Bennett Rudder and Lindsey Wilmot of JLL arranged the full-building lease on behalf of Porter Logistics and the undisclosed landlord. Situated on 13.5 acres within two miles of I-95 and seven miles from the Port of Savannah, 195 Nordic Way features 2,000 square feet of office space, a 170-foot maneuvering area for trucks, 50 trailer spaces, 28 dock-high doors and separate auto and truck entry and exit points. Porter Logistics will consolidate five other warehouses to the Pooler location, which will support expanded light manufacturing and repackaging activity for liquid chemical products and solid materials such as plastics and resin.

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ALTOONA, IOWA — Associated Bank has arranged an $84 million loan for the construction of a 622,788-square-foot heavy manufacturing facility in Altoona. Enclave is the developer and borrower. The loan was arranged and led by Associated Bank as administrative agent with syndicate lenders First National Bank of Omaha and Wintrust Financial. The project is a build-to-suit for Robinson Inc. to provide flexible production capacity for metal bending, large format cutting, metal forming, welding, fabricating and assembly, and electrical integration. Marking its first manufacturing facility outside of Wisconsin, Robinson will now have close to 1.4 million square feet of manufacturing space across Wisconsin and Iowa to better serve its energy sector customers. The City of Altoona is investing $9 million for infrastructure improvements, and Robinson will invest $76 million for upgrades. The plant will create more than 100 new jobs when completed in early 2027. Valor Contracting, a division of Enclave, is the general contractor. John Rent of Associated Bank handled the loan arrangements and closing.

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Innerbelt-Northwest-Logistics-Park-Houston

HOUSTON — Transwestern has broken ground on an approximately 1.4 million-square-foot industrial project in northwest Houston. The project represents Phase II of a larger development known as Innerbelt Northwest Logistics Park and will consist of four buildings, two of which are fully preleased. The two other buildings will range in size from 183,080 to 428,800 square feet and will feature 32- and 36-foot clear heights, respectively, as well as a combined 168 dock-high doors and eight drive-in doors. Completion is slated for the third quarter. Phase I of Innerbelt Northwest Logistics Park was completed last year and is fully leased.

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NEW YORK CITY — Nuveen Real Estate has provided $47 million in first mortgage financing for Storage Post East Village, a 1,959-unit self-storage facility in Manhattan’s East Village. The landmarked building at 444 E. 10th St. was originally constructed in 1928 as the Wheatsworth Building. Storage Post and its equity partner, Almanac Realty Investors, acquired the building in 2022 and redeveloped it to support storage use. Today, the facility features 78,812 net rentable square feet of entirely climate-controlled space. Steven Klein and Robert Tonnessen of JLL arranged the loan through Nuveen on behalf of ownership.

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