Industrial

FAIRFIELD, CALIF. — Wentworth Storage Co. has purchased STORE on Pittman Self Storage, a Class A self-storage facility in Fairfield, from Denova Northwest for an undisclosed price. Wentworth Storage Co. has engaged STORE Management to operate the asset, marking the first property in the Wentworth portfolio to be managed by STORE. Greg Wells and Kevin Cuff of Cushman & Wakefield represented the seller in the transaction. Located at 555 Pittman Road, the 67,883-square-foot property offers 667 self-storage units. The facility features 34 rentable outdoor parking spaces, 554 climate-controlled units and 79 drive-up units. At the time of sale, the property was 85 percent physically occupied. The asset offers a drive-up ramp design offering tenants 100 percent ground-level access to units. Additionally, the property is approved for a 13,900-square-foot single-storage expansion.

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KANSAS CITY, MO. — The Kansas City Aviation Department has selected Airside Innovation Missouri LLC, a joint venture between Kansas City natives Kyle Eiserer of Airside FBO and Erik Murray of Eastside Innovation, to develop the last 20 acres of available land at the Kansas City Downtown Airport – Wheeler Field. The $55 million development will include a new fixed base operation (FBO) led by Kansas City-based Apex Aero Center with a 15,000-square-foot terminal building and more than 150,000 square feet of new hangar, office and shop space designed to serve business, government and general aviation users. FBOs are often the first point of contact for visitors arriving by air. Known as Project Lima, the development was selected through a request for proposals process and received unanimous approval from the Kansas City Council in September. The developers executed a long-term lease on the property last month. The project will also include the expansion of Red Tail Academy, a Kansas City-based nonprofit focused on educating and mentoring underrepresented youth in aviation. The broader project team includes Crossroads Real Estate Group, WSKF Architects, TREKK Design Group, Bob D Campbell & Co., FSC Inc., LM2 Construction, McCownGordon Construction and AvAirPros. Completion is slated …

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LISLE, ILL. — Pure Processing, a developer and manufacturer of ergonomic medical device cleaning solutions, has signed a 29,313-square-foot headquarters lease at 2200 Ogden Ave. in Lisle. The move triples the company’s footprint from its previous location in Carol Stream and consolidates its office, light manufacturing, warehouse and showroom operations under one roof. Pure Processing now occupies more than half of the 59,971-square-foot flex industrial building. Steve Chrastka, Jack Brennan and Connor Dale of NAI Hiffman represented the tenant in the lease transaction, which began with planning and site selection in August 2024 and culminated in the firm’s move on Sept. 2. Pete Adamo of CBRE represented the landlord, Sperry Equities. The space at 2200 Ogden Ave. had more than 9,000 square feet of existing office space. The owner completed a turnkey build-out that included rebuilding and expanding office areas; enlarging breakrooms; and adding conference rooms, restrooms and warehouse space with storage racks and separate production and assembly areas. Construction also included a showroom where Pure Processing can display its sink systems and reprocessing equipment used in hospitals and gastrointestinal labs. Interwork Architects served as the project architect for the build-out, and BLC Construction was the general contractor.

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SEATTLE AND WASHINGTON, D.C. — Amazon (NASDAQ: AMZN) has announced an investment up to $50 billion to expand artificial intelligence (AI) and supercomputing abilities for Amazon Web Services (AWS) U.S. government clients. Amazon will break ground beginning next year on advanced data centers that will add 1.3 gigawatts of AI and supercomputing capacity. AWS currently supports more than 11,000 government agencies. The cloud computing software provides security, compliance and governance tools for the government control of unclassified and classified data. The new investment is expected to enable federal government agencies — including defense, healthcare and energy departments — in their discovery and decision-making processes using simulation and modeling data with AI. Amazon’s investment directly supports the Trump Administration’s AI Action Plan outlined in June 2025. “Our investment in purpose-built government AI and cloud infrastructure will fundamentally transform how federal agencies leverage supercomputing,” says Matt Garman, CEO of AWS. “We’re giving agencies expanded access to advanced AI capabilities that will enable them to accelerate critical missions from cybersecurity to drug discovery. This investment removes the technology barriers that have held government back and further positions America to lead in the AI era.” Amazon’s investment is the latest deal in the private sector’s …

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From Hype to Readiness AI webinar panel

The November 18 France Media webinar “From Hype to Readiness — How Commercial Real Estate Firms Are Preparing for AI,” hosted by France Media and sponsored by Defease With Ease | Thirty Capital, offered a look at the realities of artificial intelligence (AI) within the industry. What can a year of AI use in commercial real estate tell us about implementation and tactics? Panelists touched on the limitations of general-purpose tools, as well as trending topics including safeguards, data privacy, accuracy and institutional control.  For professionals engaged in commercial real estate, the session highlighted practical ways AI can elevate both day-to-day efficiency and organizational sophistication (especially if efforts are backed up by a unified library of proprietary portfolio data).  Panelists discussed how purpose-built platforms can support underwriting, refinancing, internal reporting and ongoing asset optimization by using secure, updated data. The expert presenters gave concrete examples on how AI can act as an effort multiplier: it can strengthen accuracy, surface risks earlier and broaden the capabilities of team members. The included case study underscored real-world advantages, including improved reporting integrity, stronger oversight and better workflow automation. Register here to watch this brief webinar to gain helpful insights on integrating new technology …

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DOVER, N.J. — A joint venture between local investment firm Legacy Real Estate Developers, Saddleback Real Estate Developers and Commerce Park Investors has acquired a 126,108-square-foot office and industrial building in Dover, about 40 miles west of New York City. The building formerly housed the U.S. headquarters of Japanese electronics giant Casio. Elli Klapper of CBRE brokered the deal. The seller and sales price were not disclosed. The new ownership plans to implement a capital improvement program.

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1048-Independent-Ave-Grand-Junction-CO

GRAND JUNCTION, COLO. — Malman Real Estate has arranged the acquisition of 1048 Independent Avenue, a 65,568-square-foot flex industrial property in Grand Junction. YuanYuan Li, Fengmei Zou and Independent Estate LLC sold the asset to 1048 Independent LLC for $5.5 million. Michael Kraus and Jake Malman of Malman Real Estate represented the buyer in the off-market transaction.

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The LEGO Group

PRINCE GEORGE COUNTY, VA. — The LEGO Group has broken ground on its new 2 million-square-foot regional distribution center in Prince George County near Richmond. The $360 million project will complement the LEGO Manufacturing Virginia facility that is underway in nearby Chesterfield County. Both facilities are scheduled to open in 2027 and will allow the company to reduce lead times, respond faster to shifts in demand, shorten the supply chain and slash its environmental impact. The new facility, which marks LEGO’s sixth distribution center worldwide and second in the United States, will feature advanced automation and will use 100 percent renewable energy to power the site to meet LEED Gold certification. The company also aims to achieve WELL Certification, which certifies buildings for improving the health and well-being of its occupants. The LEGO Group previously announced a build-to-suit lease for the new distribution center  with Crosspointe Commerce Center, a joint venture between Hillwood Investment Properties and The Silverman Group. A third-party logistics provider will operate the facility, which is expected to create more than 300 jobs once opened, according to company representatives.

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7555-wood-road

DOUGLASVILLE, GA. — Lee & Associates has negotiated the sale of a 335,613-square-foot industrial facility located at 7555 Wood Road in the Atlanta suburb of Douglasville. The property features modern construction elements, high clear heights, multiple dock positions and functional warehouse space that can accommodate a variety of industrial users. The asset’s location also provides direct access to I-20 and I-285, as well as various regional transportation networks. Approximately 27,917 square feet of the facility is now available for lease. Billy Snowden of Lee & Associates represented the buyer in the transaction. Both the buyer and seller requested anonymity.

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DAYTON, TEXAS — JLL has negotiated the sale of Deacero Gulf Inland Logistics Park, a 444,120-square-foot manufacturing and distribution facility in Dayton, a northeastern suburb of Houston. The facility, which is located within the larger Gulf Inland Logistics Park development, was fully leased at the time of sale to Daecero Steel. Trent Agnew, Charlie Strauss and Lance Young of JLL represented the seller, Clay Development & Construction Inc., in the transaction. The buyer was Broadstone Net Lease (NYSE: BNL).

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