Saturday, February 7, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Industrial

28-90-Review-Ave-Queens
DevelopmentIndustrialNew YorkNortheast

Innovo Property Group Underway on 736,000 SF Industrial Project in Queens

by Taylor Williams

NEW YORK CITY — Locally based investment and development firm Innovo Property Group is underway on construction of a 736,000-square-foot industrial project located at 28-90 Review Ave. in the Long Island City area of Queens. The six-story building, which is designed to accommodate two tenants per floor, will feature a clear height of 32 feet and parking for 166 cars and 118 trailers. Last summer, Innovo received $354 million in construction financing from Axos Bank and Cerberus Capital Management and equity from Goldman Sachs Asset Management. JLL arranged the financing, although details about the amount of each component within the capital stack were not disclosed. The topping out of the complex is slated for later this year. Full completion is scheduled for 2025.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLoansMidwestMinnesota

CBRE Arranges $100M Recapitalization for 36-Property Industrial Service Facility Portfolio Across 20 States

by Kristin Harlow

MINNESOTA — CBRE has arranged a $100 million recapitalization of a 36-property industrial service facility portfolio on behalf of a joint venture between Wayzata, Minn.-based Moir Park Capital and Eden Prairie, Minn.-based Hempel Real Estate. Industrial service facilities provide an outdoor storage component coupled with zoning that allows for a wide range of industrial uses. The portfolio encompasses nearly 630,000 square feet across 201 acres in 20 states. All of the properties are fully occupied by eight tenants, including United Rentals, Gerber Collision & Glass, Kaige Kubota, Caliber Collision, Sunbelt Rentals, Home Depot, Cummins and H&E Equipment Services. Judd Welliver, Bentley Smith, Michael Caprile, Ryan Bain, Zachary Graham, Joseph Horrigan, Will Pike and Victoria Gomez of CBRE represented Moir Park Capital in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialMidwestMinnesota

Midloch Investment Partners, Fountain Real Estate Capital Buy Industrial Property in Suburban Minneapolis for $11.9M

by Kristin Harlow

GOLDEN VALLEY, MINN. — A joint venture between Midloch Investment Partners and Fountain Real Estate Capital have acquired Boone Plaza in the Minneapolis suburb of Golden Valley for $11.9 million. The 123,608-square-foot industrial flex property is fully leased to 16 tenants. Constructed in 1984, Boone Plaza is situated on 10 acres at 1000 Boone Ave. North immediately north of the headquarters of General Mills. Some of the tenants at the property include General Mills, Gonyea Custom Homes and Schlage Lock Co. Fountain Real Estate will serve as the leasing broker.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLeasing ActivityTexas

Holt Lunsford Negotiates 12,800 SF Industrial Lease in Coppell, Texas

by Taylor Williams

COPPELL, TEXAS — Locally based brokerage firm Holt Lunsford Commercial has negotiated a 12,800-square-foot industrial lease in Coppell, located in the northern-central part of the metroplex. According to LoopNet Inc., the property at 820 W. Sandy Lake Road was built in 2005. Andrew Gilbert and Keaton Brice of Holt Lunsford represented the owner, LaSalle Investment Management, in the lease negotiations. Kurt North of North Pointe Commercial represented the tenant, Sky Elements CTC.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLeasing ActivityTexas

Pressify Signs 12,192 SF Industrial Lease in West Houston

by Taylor Williams

HOUSTON — Pressify Inc., a provider of custom printing services for the apparel industry, has signed a 12,192-square-foot industrial lease at 10161 Harwin Drive in West Houston. Stephen Hazen and Jacob Summers of locally based brokerage firm Oxford Partners represented Pressify in the lease negotiations. Lesley Rice and Andy Parish of Partners Real Estate represented the landlord.

Continue Reading
FacebookTwitterLinkedinEmail
10857-N-95th-Ave-Peoria-AZ
AcquisitionsArizonaIndustrialNAIWestern

NAI Horizon Brokers Sale of 198,304 SF Industrial Building in Peoria, Arizona

by Amy Works

PEORIA, ARIZ. — NAI Horizon has brokered the sale of a 198,304-square-foot industrial facility located at 10857 N. 95th Ave. in Peoria, a northwestern suburb of Phoenix. An entity doing business as Glez C Properties LLC acquired the asset from Chris Finn for $9.5 million. Jeffrey Garza Walker of NAI Horizon represented the buyer in the transaction, while the seller was self-represented.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialLoansMississippiSoutheast

CBRE Arranges $41M Acquisition Loan for Metro Memphis Industrial Portfolio for Hillwood

by John Nelson

OLIVE BRANCH AND SOUTHAVEN, MISS. — CBRE has arranged a $41 million loan for Hillwood Investment Properties, a Perot company based in Dallas, to finance the acquisition of a three-building industrial portfolio in metro Memphis. Brian Linnihan, Mike Ryan, Richard Henry and Taylor Crowder of CBRE Capital Markets’ Debt & Structured Finance team in Atlanta arranged the financing through Thrivent. The properties, which span 893,458 square feet, are located in Olive Branch and Southaven and were fully occupied at the time of financing to five tenants, including three third-party logistics firms. All three assets were built between 2013 and 2022. The seller was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
ColoradoDevelopmentIndustrialWestern

Confluent Development Unveils Plans for 175,000 SF Deer Creek Commerce Center in Denver Area

by Amy Works

LITTLETON, COLO. — Confluent Development has unveiled plans for Deer Creek Commerce Center (previously known as Ken Caryl Commerce Center), a 175,000-square-foot industrial project in Littleton, a southern suburb of Denver. Located at the intersection of C-470 and South Kipling Parkway, Deer Creek Commerce Center will consist of two buildings that can accommodate users with requirements of 20,000 to 175,000 square feet. Building features will include ESFR sprinklers, 28-foot clear heights and access to 250 parking spots. Murray & Stafford is serving as general contractor for the development, the groundbreaking of which is slated for later this month. CBRE is the leasing agent for the project.

Continue Reading
FacebookTwitterLinkedinEmail
CaliforniaIndustrialLoansWestern

MMCC Arranges $7.1M Loan for Refinancing of Bay Area Industrial Facility

by Amy Works

SAN LORENZO, CALIF. — Marcus & Millichap Capital Corp. (MMCC) has arranged a $7.1 million loan for the refinancing of a 63,245-square-foot industrial building in the Bay Area community of San Lorenzo. Bradley Buzil and Connie Duong of MMCC secured the financing through a local credit union on behalf of the undisclosed borrower. Feng Transportation, a wholesaler and third-party logistics company, occupies the property, which is located at 2225 Grant Ave.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsDevelopmentIndustrialNew YorkNortheast

Bungalow Projects, Bain Capital Buy Industrial Development Site in Brooklyn for $34M

by Taylor Williams

NEW YORK CITY — Bungalow Projects, a real estate investment firm specializing in media and content production facilities, in partnership with Boston-based Bain Capital Real Estate, has purchased an industrial development site in the Red Hook area of Brooklyn for $34 million. The partnership’s plans for the property at 145 Wolcott St. include a 225,000-square-foot production facility with four soundstages averaging 18,000 square feet each, as well as 82,000 square feet of ancillary production support space and 200 below-grade parking spaces. David Behin of Newmark represented ownership in its off-market purchase of the property.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts