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Industrial

19201-120th-Ave-NE-Bothell-WA
AcquisitionsIndustrialOfficeWashingtonWestern

Colliers Arranges $10.2M Sale of Wright Group Building in Bothell, Washington

by Amy Works

BOTHELL, WASH. — Colliers has arranged the sale of the Wright Group Building, an office and flex property located at 19201 120th Ave. NE in Bothell’s North Creek business park. RH Wright LLC sold the asset to Gravestone Partners for $10.2 million. Totaling 59,830 square feet, the building offers 25,000 square feet office space supported by flex and warehouse elements. The property features at least 20-foot clear heights, two dock-high doors, eight grade-level doors and 1,000 amps of power. At the time of sale, the building was partially occupied by a mix of office and service-oriented tenants, including Trane Technologies, Element Materials Technologies, ISEC Construction, Taekwondo Way, Biogenesis and Barry Glenn State Farm. David Gunther of Colliers represented the seller in the deal.

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Extra-Space-Storage-Hurricane-UT
AcquisitionsIndustrialSelf-StorageUtahWestern

LeClaire-Schlosser Group Brokers Sale of 63,345 SF Self-Storage Facility in Hurricane, Utah

by Amy Works

HURRICANE, UTAH — The LeClaire-Schlosser Group of Marcus & Millichap has arranged the sale of a self-storage facility in Hurricane. A Utah-based family office acquired the asset for an undisclosed price. Jordan Farrer and Adam Schlosser of Marcus & Millichap’s LeClaire-Schlosser Group represented the seller, a local self-storage owner and developer, in the sale. Managed by Extra Space Storage, the 63,345-square-foot facility features 589 units. Situated on 3.2 acres, the asset was initially constructed in 2007 and underwent a full renovation in 2024 concluding with the opening of a Phase II in 2025. The property features 12 single-story self-storage buildings with 328 drive-up units, a gated entry with digital keypad, a separate onsite management office in front of the entrance gate, 24/7 video surveillance, asphalt driveways and units with roll-up doors.

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DevelopmentIllinoisIndustrialLeasing ActivityMidwest

TCC Leases Phase I, Plans Phase II of Plainfield Business Center in Metro Chicago

by Kristin Harlow

PLAINFIELD, ILL. — Trammell Crow. Co. (TCC) has announced a full-building lease and plans for Phase II of Plainfield Business Center in Plainfield, about 40 miles southwest of downtown Chicago. RJW Logistics Group has leased Building 1, which totals 788,000 square feet. TCC plans to break ground on Building 2 in the second quarter. That building will also total 788,000 square feet. RJW is a retail-focused logistics and supply chain solutions provider. The Woodridge, Ill.-based company operates more than 16 distribution centers across Illinois, Texas and Pennsylvania. Dominic Carbonari of JLL represented RJW in its lease negotiations. Matt Mulvihill and Phil DeBoer of CBRE represented the landlord. Building 2, which is being built on a speculative basis, will sit on 46 acres and feature a clear height of 40 feet, 80 dock doors expandable to 156 and 211 trailer parking stalls. The site offers proximity to both I-55 and I-80. At full build-out, Plainfield Business Center will encompass more than 8 million square feet of industrial space. Harris Architects designed Plainfield Business Center, and Krusinski Construction Co. was the general contractor for Phase I. Kimley-Horn is the civil engineer.

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AcquisitionsIndustrialKansasMidwest

SparrowHawk Acquires 764,735 SF Warehouse in Edgerton, Kansas

by Kristin Harlow

EDGERTON, KAN. — SparrowHawk has completed its first acquisition since securing $300 million in growth capital from Almanac Realty Investors. The company acquired a 764,735-square-foot warehouse in Edgerton near Kansas City that is fully leased. The building is within Logistics Park KC, an industrial park that currently has 17 multi-tenant buildings totaling 10.8 million square feet. Developed in 2016, the property is occupied by two tenants. In mid-2025, Faith Technologies took occupancy of 463,435 square feet at the north end of the building. Smart Warehousing, which occupies 302,492 square feet of space, is an original tenant of the building. The property features 101 dock doors, four drive-in doors, parking for 337 cars and 99 truck trailers and a clear height of 36 feet. Mark Long and John Hassler of Newmark Zimmer represented both SparrowHawk and the seller, a development firm and its institutional capital partner.

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CaliforniaDevelopmentIndustrialTop StoriesWestern

Cinespace Studios Opens New Soundstage Campus in Los Angeles

by John Nelson

LOS ANGELES — Cinespace Studios, an owner-operator of soundstage facilities for the TV and film industry, has opened a new soundstage campus in Los Angeles. Situated in the Woodland Hills neighborhood, the new campus represents the sixth production hub worldwide for Cinespace, joining existing facilities in Atlanta; Chicago; Potsdam, Germany; Toronto; and Wilmington, N.C. “Los Angeles is where this industry was built, and where its future continues to be shaped,” says Eoin Egan, co-CEO of Cinespace Studios. “Opening a campus here has always been part of our long-term vision. While the market is navigating a period of transition, we believe deeply in the resilience of this city, the talent that defines it and the enduring demand for world-class production infrastructure.” Cinespace Studios Los Angeles comprises six 18,000-square-foot soundstages with 30-foot clear heights, as well as 72,000 square feet of production offices and additional ancillary spaces. A ribbon-cutting ceremony was held yesterday with members of Cinespace Studios, Los Angeles Mayor Karen Bass and representatives from the California Governor’s office in attendance. The new campus is opening with an active production already underway — a thriller movie called “Nightwatching” — underscoring early demand for the new stages. “This campus clearly understands what productions …

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Apex-Ridge-Logistics-Park-NLV-NV
DevelopmentIndustrialNevadaWestern

EBS Realty Breaks Ground on 1.3 MSF Apex Ridge Logistics Park in North Las Vegas

by Amy Works

NORTH LAS VEGAS, NEV. — EBS Realty, along with its investment partner Penwood Real Estate Investment Management, has broken ground on Apex Ridge Logistics Park, a speculative campus in North Las Vegas. Totaling more than 1.3 million square feet on 90 acres, the asset will feature a 755,628-square-foot building and a 602,377-square-foot building. Situated within the Apex/North Las Vegas submarket, the buildings will offer flexible designs to cater to a variety of users, including e-commerce, manufacturing and distribution.

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DevelopmentIndustrialKansasMidwest

Davcon Aviation to Build $100M MRO Development at Salina Regional Airport in Kansas

by Kristin Harlow

SALINA, KAN. — Davcon Aviation has unveiled plans for a phased development program at Salina Regional Airport in Kansas. Cushman & Wakefield is the leasing agent for the project. In collaboration with the Salina Airport Authority, the project will be anchored by a new Class A maintenance, repair and overhaul (MRO) hangar complex. At full build-out, the development will include more than 300,000 square feet of aviation facilities, representing a capital investment of $100 million. The project follows Davcon’s recently announced developments at Wichita’s Dwight D. Eisenhower National Airport and Topeka Regional Airport. Jerry Noble, Adam Madison, Kyle Stickles, Robb Vallier and Faith Kruckenberg of Cushman & Wakefield will serve as the leasing team. Davcon Aviation Partners LLC is a national airport hangar development company based in Mesa, Ariz.

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IndustrialMidwestMissouri

Hunt Midwest Forms Build-to-Suit Joint Venture with Prologis at Two Kansas City Industrial Parks

by Kristin Harlow

KANSAS CITY, MO. — Hunt Midwest has formed a build-to-suit joint venture with Prologis at two Hunt Midwest-owned industrial parks in Kansas City. The 3,300-acre KCI 29 Logistics Park, Missouri’s largest industrial megasite under single ownership planned for up to 20 million square feet of industrial development, anchors the new partnership alongside the nearby Five Star Logistics Park, which is capable of supporting up to 800,000 square feet of Class A industrial space. “This partnership is a tremendous opportunity to align Hunt Midwest’s local resources with Prologis’ global user relationships to ensure Kansas City and Missouri are competing for the most impactful logistics projects,” says Ora Reynolds, president and CEO of Hunt Midwest. Hunt Midwest says the new agreement will also bolster the entire Kansas City area’s reach with site selectors, brokers, industry leaders and other clients to drive economic development in the region.

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ExtraSpace-Storage-Copiague-New-York
DevelopmentIndustrialNew YorkNortheastSelf-Storage

Ardent, Ironwood Complete 950-Unit Self-Storage Facility in Copiague, New York

by Taylor Williams

COPIAGUE, N.Y. — A partnership between Atlanta-based developer The Ardent Cos. and Ironwood Development Partners has completed a 950-unit self-storage facility in Copiague, located on Long Island. Extra Space Storage will operate the facility, which spans 108,201 square feet, though it is unclear if that figure refers to gross or net rentable square footage. Park East Construction served as the general contractor for the project. Michael Sudano Architect PC designed the facility, and R&M Engineering acted as the civil engineer. A formal opening took place in mid-December.

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IndustrialLeasing ActivityTexas

Modular Power Solutions Signs 435,680 SF Industrial Lease in North Houston

by Taylor Williams

HOUSTON — Modular Power Solutions has signed a 435,680-square-foot industrial lease in North Houston. The provider of electrical solutions for the data center industry will occupy the entirety of Maverick Distribution Center, a newly built, 26-acre development that is adjacent to George Bush Intercontinental Airport. Building features include a cross-dock configuration, 40-foot clear heights, 185-foot truck court depths and “generous” car and trailer parking allotments. Mac Hall, Tyler Maner and Abraham Richardson of Stream Realty Partners represented the tenant in the lease negotiations. Kevin Wyatt and Robert Willard represented the landlord, Dallas-based Lincoln Property Co., on an internal basis.

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