Monday, July 21, 2025
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Industrial

DevelopmentGeorgiaIndustrialSoutheast

Farpoint, Grandview to Develop 2 MSF Industrial Park in LaGrange, Georgia

by John Nelson

LAGRANGE, GA. — Farpoint Development and Grandview Partners plan to develop Lafayette Logistics Park, a 134-acre industrial project site located off I-85 in LaGrange. Southpoint Realty Group sold the land to the developers for an undisclosed price. Plans for the site include the development of up to 2 million square feet of industrial facilities across two phases. Phase I, which is scheduled to begin construction in the first quarter of this year, will comprise four buildings ranging from 187,000 to 270,000 square feet. Completion of Phase I is scheduled for the fourth quarter of this year. Phase II will feature up to 1 million additional square feet of industrial space. Wesley Budd of NAI Brannen Goddard represented Farpoint in the land acquisition and will lead leasing efforts at the property.

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Northmark-Commerce-Center-Haltom-City
AcquisitionsIndustrialTexas

Creation, Crow Holdings Sell 234,475 SF Industrial Facility in Haltom City, Texas

by Taylor Williams

HALTOM CITY, TEXAS — A partnership between Phoenix-based developer Creation and Crow Holdings Capital has sold Northmark Commerce Center, a 234,475-square-foot industrial facility located in the northern Fort Worth suburb of Haltom City. The cross-dock facility was fully leased to Ryder Integrated Logistics at the time of sale. Completed in 2023, Northmark Commerce Center features 32-foot clear heights, 56 dock doors and parking for 132 cars and 19 trailers. The site also houses a secured drop lot with 104 additional trailer stalls. Jack Fraker, Dustin Volz, Stephen Bailey, Dom Espinosa, Zach Riebe, Taylor Hare and Chloie Mercer of Newmark represented the seller in the transaction. The buyer and sales price were not disclosed.

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AcquisitionsIndustrialTexas

EDGE Realty Negotiates Sale of 14,410 SF Industrial Building in Pearland, Texas

by Taylor Williams

PEARLAND, TEXAS — EDGE Realty Partners has negotiated the sale of a 14,410-square-foot industrial building located at 14724 Almeda School Road in Pearland, a southern suburb of Houston. According to LoopNet Inc., the single-tenant building was constructed on 2.4 acres in 2019 and features 28-foot clear heights and five dock-high loading doors. Micha van Marcke and Chace Henke of EDGE represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed.

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AcquisitionsCaliforniaIndustrialSelf-StorageWestern

Colliers Brokers Sale of 927-Unit Abby’s Mini Storage in Bakersfield, California

by Amy Works

BAKERSFIELD, CALIF. — Colliers has arranged the sale of Abby’s Mini Storage, a self-storage facility in Bakersfield. Terms of the transaction were not released. Tom de Jong and Jacob Becher of Colliers’ de Jong | Becher Self Storage Group represented the seller in the deal. Situated on seven acres at located at 3311 Truxtun Ave., Abby’s Mini Storage features 22 single-story buildings plus a caretaker’s apartment, 1.1-acre yard for parking and U-Haul truck rentals. The 97,600-square-foot facility offers 927 self-storage units.

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DevelopmentIndustrialKansasMidwestTop Stories

Flint Development Nears Completion of First Building at $390M Flint Commerce Center in De Soto, Kansas

by Jeff Shaw

DE SOTO, KAN. — Flint Development is nearing completion of the first building at Flint Commerce Center, a $390 million industrial park in the western Kansas City suburb of De Soto. At full build-out, the multi-phased project will include up to six buildings on a 370-acre site. Development of the first building, a 1 million-square-foot distribution center, is slated for completion this summer. Located at 10200 Edgerton Road, the cross-dock distribution center is being constructed with tilt-up concrete panels and 40-foot clear heights. The first facility — which is called Building C — will offer 98 dock doors and four drive-through doors, with the capacity to expand to 168 dock doors. The parking lot can accommodate 515 cars and 251 trailers. In August 2023, Panasonic Energy announced plans to lease half of the facility to support a nearby lithium ion battery manufacturing facility, which is currently under construction. “There is a lot of excitement surrounding the Panasonic factory and we are happy to see the amount of prospect activity for Flint Commerce Center,” says Mark Long, CEO of Newmark Zimmer. Newmark Zimmer is representing Flint Development in lease negotiations for Flint Commerce Center. “Together, this lease and the additional land …

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AcquisitionsIndustrialTexas

Marcus & Millichap Brokers Sale of 228-Unit Self-Storage Facility in Hillsboro, Texas

by Taylor Williams

HILLSBORO, TEXAS — Marcus & Millichap has brokered the sale of Lock & Key Storage, a 228-unit facility that sits on a 10.2-acre site in Hillsboro, located roughly midway between Fort Worth and Waco. Danny Cunningham, Jon Danklefs, Brandon Karr, Dave Knobler and Mixson Staffel of Marcus & Millichap represented the seller in the transaction. The team also procured the buyer, a limited liability company. Both parties requested anonymity.

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IndustrialLeasing ActivityOfficeTexas

Taylor Team Relocation Signs 50,070 SF Industrial, Office Lease in North Dallas

by Taylor Williams

DALLAS — Taylor Team Relocation, an Ohio-based copier shipping firm, has signed a 50,070-square-foot industrial and office lease at Marsh Business Park West, a 636,725-square-foot development in North Dallas. The space comprises 23,220 square feet of office space and a 26,850-square-foot warehouse. Hudson Sheets and Andrew Gilbert of Holt Lunsford Commercial represented the tenant in the lease negotiations. Brian Pafford of Bradford Commercial Real Estate Services represented the landlord, an entity doing business as GKI Industrial Dallas LLC.

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AcquisitionsCaliforniaIndustrialWestern

Voit Arranges $19.4M Sale of Cedarwoods Business Park in Fullerton, California

by Amy Works

FULLERTON, CALIF. — Voit Real Estate Services has arranged the sale of Cedarwoods Business Park, a five-building industrial property located at 2461-2495 E. Orangethorpe Ave. in the Orange County city of Fullerton. Chino Hills-based HK Ventures acquired the asset from a private investor for $19.4 million, or $226.95 per square foot. Situated on 4.8 acres, the 85,700-square-foot distribution buildings offers space for multiple tenants. HK Ventures plans to hold the property for investment and may redevelop the asset in the future. Michael Hefner of Voit Real Estate Services’ Anaheim office represented the buyer and seller in the deal. Barry Walshe of Voit Real Estate Services’ Anaheim office is the leasing agent for Cedarwoods Business Park and acted as local market advisor in the transaction.

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2540-S-5000-West-Driggs-ID
AcquisitionsIdahoIndustrialWestern

MAG Capital Partners Purchases 60,056 SF Agricultural Industrial Facility in Driggs, Idaho

by Amy Works

DRIGGS, IDAHO — MAG Capital Partners has purchased a 60,056-square-foot agricultural industrial facility in Driggs, a tiny city of fewer than 2,000 residents east of Idaho Falls and near the Wyoming border. Potandon Produce sold the asset for an undisclosed price in a sale-leaseback transaction. Situated on 20 acres at 2540 S. 5000 West, the multi-building site serves as warehouse and storage space for Idaho Falls-based Potandon, the largest marketer of fresh potatoes and onions in North America. Jeff Lizzo and Daniel Macks of STREAM Capital Partners represented the seller.

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AcquisitionsIndianaIndustrialMidwest

CBRE Brokers $28.4M Sale of Industrial Facility in Suburban Indianapolis

by Kristin Harlow

WHITESTOWN, IND. — CBRE has brokered the $28.4 million sale of Building 3 within Park 130 at Whitestown. The 319,336-square-foot industrial facility is located at 6040 Commerce Drive in the Indianapolis suburb of Whitestown. The Class A building is triple net leased to three national companies. The property features a clear height of 28 feet, 61 truck docks and four drive-in doors. Kevin Foley, Anthony DeLorenzo, Andrew Morris and Jeremy Woods of CBRE represented the undisclosed seller. The property sold to a high-net-worth buyer from California.

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