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.
Industrial
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.
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).
ROCKWALL, TEXAS — Marcus & Millichap has brokered the sale of a 10-building, 325,300-square-foot industrial park in Rockwall, a northeastern suburb of Dallas. The buildings were constructed on 21 acres in phases between 1976 and 1997 and feature 16- to 20-foot clear heights, as well as a total of 28 drive-in doors and 22 dock-high doors. Adam Abushagur, Davis Cagle, Tyler Ranft and Gunnar Vachris of Marcus & Millichap represented the seller, a local family partnership, in the transaction and procured the buyer, PlaceMKR.
HOUSTON — Hexatronic Data Center US, a Dallas-based firm that provides a range of services for the asset class, has signed a 12,365-square-foot industrial lease in northwest Houston. According to LoopNet Inc., the building at 8801 Jameel Road was completed in 1981 and totals 47,932 square feet. Heath Donica, Jack Rathe and Natalie Gilbert of Stream Realty Partners represented the landlord, Bleeker Partners, in the lease negotiations. Kim Mathis of Partners Real Estate represented the tenant.
Colliers Negotiates 100,125 SF Industrial Lease at Washington Highway Logistics Center in Glen Allen, Virginia
by Abby Cox
GLEN ALLEN, VA. — Colliers has negotiated a 100,125-square-foot industrial lease at Washington Highway Logistics Center in the northern Richmond suburb of Glen Allen. The tenant is Riverside Logistics, a third-party logistics and supply chain management company that manages a 1 million-square-foot warehouse portfolio. This lease joins the company’s recent signing at 200 Orleans St. in Richmond. Rob Dirom of Colliers represented the tenant in the lease negotiations. The landlord was not disclosed. Washington Highway Logistics Center totals 400,500 square feet across two buildings.
CLACKAMAS, ORE. — Dermody has announced the purchase and development of LogistiCenter at Clackamas, the first industrial project totaling more than 100,000 square feet to be constructed in Clackamas in the past five years. Slated for completion by the end of 2026, LogistiCenter at Clackamas will offer 248,532 square feet of Class A industrial space that can be divided into smaller units to accommodate multiple customers. The asset will feature a clear height of 36 feet, 52-foot by 50-foot column spacing, LED lights, full circulation and ample trailer parking. As a standalone building, the property can also be fully fenced. Scott Murphy, Tom Talbot and John Hallman of Kidder Mathews are handling leasing.
MUNDELEIN, ILL. — SVN Chicago Commercial has negotiated the $1.5 million sale of a 31,600-square-foot industrial property at 404 Washington Blvd. in Mundelein. Situated on 2.4 acres, the property features a large, paved parking lot approved for outside storage and truck parking. The undisclosed buyer plans to use a portion of the building and lease out the rest. SVN Chicago Commercial’s Next Level Team represented the seller and procured the buyer.
FAIRFIELD, N.J. — Locally based brokerage firm Resource Realty of Northern New Jersey has negotiated a 48,100-square-foot industrial lease renewal in Fairfield. According to propertyshark.com, the building at 19 Daniel Road was originally constructed on 3.1 acres in 1968. Greg Sabato of Resource Realty represented the tenant, locally based freight company Best-Way-Trucking, in the lease negotiations. Sabato also represented the undisclosed landlord.
ANDOVER, MASS. — PEAK Events has signed a 16,000-square-foot industrial lease in Andover, located north of Boston. The regional event equipment provider is taking space at 4 Executive Place, a 168,000-square-foot building, alongside Red Thread, which recently leased 96,000 square feet of space within the building. Locally based investment and development firm Marcus Partners owns the building. Both parties were self-represented in the lease negotiations.