HALTOM CITY, TEXAS — Bradford Commercial Real Estate Services has arranged the sale of a 41,780-square-foot industrial flex building in Haltom City, located north of Fort Worth. The facility at 2525 Minnis Drive formerly housed the manufacturing operations of Sunair Products. The seller was First Sunday Property Management Group, and the buyer was steel and aluminum products manufacturer Flannery Inc. Luke Clardy of Bradford brokered the deal.
IRVING, TEXAS — Barcel USA, a local snackmaker, has signed a 24,178-square-foot industrial lease in Irving. The space is located within Building II of Freeport Business Park. John Paul Floyd of CBRE represented the tenant in the lease negotiations. Andrew Gilbert, Keaton Brice and Jon Skidmore of Holt Lunsford Commercial represented the landlord, Dallas-based ATCAP Partners.
EDISON, N.J. — JLL has brokered the $24.5 million sale of a 5.5-acre industrial service facility in the Central New Jersey community of Edison. The facility at 76 National Road features a 25,000-square-foot warehouse with a clear height of 16 feet, four dock doors and two drive-in doors. Jason Lundy, Nicholas Stefans and Luke Ceccoli of JLL represented the seller, K Group, in the transaction. Michael Klein, Max Custer, Kevin Badger and Matthew McManus, also with JLL, arranged an undisclosed amount of acquisition financing through an unnamed regional bank on behalf of the buyer, regional owner-operator Ridgecut Road.
BLACKSBURG, S.C. — NAI Earle Furman has negotiated the sale of approximately 425 acres located at 998 Blacksburg Highway in Blacksburg, a city in Upstate South Carolina’s Cherokee County. Brian Hammond, Scout Hammond, Richard Heatly and Alec Moncini of NAI Earle Furman represented the unnamed land seller in the transaction. Situated within Bailey Industrial Park, the site will serve as the future home of a $1.2 billion magnet and refined metals manufacturing plant for USA Rare Earth Inc., a publicly traded leader in rare earths, minerals and advanced materials manufacturing and refinement. The project is the first facility in South Carolina for the manufacturer, which plans to create 490 jobs with the development at full build-out. Engineering work and equipment procurement for the Blacksburg facility is underway, with site work expected to commence in the coming months and commissioning targeted to begin in 2028. The facility will support USA Rare Earth’s magnet manufacturing campus in Stillwater, Okla., and its processing sites in Colorado and Texas.
GAINESVILLE, VA. — Newmark has arranged $975 million in financing for Project Helios, a newly delivered data center development in Northern Virginia. According to national media reports, the data center project is situated within the Gainesville Data Center campus in Prince William County. Jordan Roeschlaub, Christopher Kramer, Chris Lozinak, John Caraviello, Ryan Bub, Andrew Warin and Phil O’Bannon of Newmark arranged the financing through Blue Owl Capital on behalf of the borrower, a joint venture between Affinius Capital and Corscale Data Centers. Project Helios was fully leased at the time of financing to an unnamed cloud service provider under a long-term lease, according to Newmark.
FORT LAUDERDALE, FLA. — Dalfen Industrial has acquired a nine-building industrial portfolio in South Florida’s Broward County totaling 419,253 square feet. The Dallas-based investment and development firm purchased the properties at 55 percent replacement cost. The portfolio was 83 percent leased at the time of sale to tenants including FedEx, Event Service Group Realestate LLC, Chromalloy Material Solutions LLC and Commercial Distribution Specialists Inc. The properties offer direct access to I- 95 and the Florida Turnpike, as well as proximity to Port Everglades and Fort Lauderdale-Hollywood International Airport. The seller and sales price were not disclosed.
PHILADELPHIA AND FALLS TOWNSHIP, PA. — Urban Outfitters Inc. (NASDAQ: URBN), a global portfolio of apparel retail brands and physical shops that includes Urban Outfitters, Anthropologie and Free People, is making a major investment in its home market of metropolitan Philadelphia. The company has announced that it will open a new facility for its Nuuly brand in Falls Township, a city located 28 miles northeast of Philadelphia in Bucks County. According to Urban Outfitters, the new facility will create 600 jobs and work in tandem with the existing 600,000-square-foot Nuuly distribution center in Raymore, Mo., that opened in 2024. Further details about the Falls Township facility were not released. Nuuly is a monthly subscription service that lets patrons rent apparel from URBN’s various brands. According to the Philadelphia Business Journal, Nuuly represents almost 10 percent of URBN’s total net sales. In addition to the new facility, URBN plans to invest at least $150 million in capital and create 450 jobs at its global headquarters campus at the Philadelphia Navy Yard. The company has been headquartered at the former shipyard since 2006 and recently opened the 117,000-square-foot Building 16. Today, URBN employs roughly 2,500 staffers at the Navy Yard, which includes adaptive …
GRAND PRAIRIE, TEXAS — Century Fire Protection, which provides fire extinguishers, alarms and sprinkler systems, has signed a 25,798-square-foot industrial lease in the central metroplex city of Grand Prairie. According to LoopNet Inc., the building at 1111 W. Carrier Parkway was constructed in 1984 and totals 65,203 square feet. Brad Balke of KBC Advisors represented the tenant in the lease negotiations. Canon Shoults, Maddy Coffman and Walker Floyd of Holt Lunsford Commercial represented the landlord, Sealy & Co.
CLAYMONT, DEL. — JLL has arranged $70 million in bridge financing for Tri-State Distribution Center, a 525,000-square-foot industrial building located about 25 miles outside of Philadelphia in Claymont, Delaware. The property features a clear height of 40-feet, an ESFR sprinkler system, 130-foot truck court depths, four drive-in ramps with overhead doors and “ample” trailer and car parking allotments. Construction began in August 2023. Michael Pagniucci, Chad Orcutt, Chris Drew, Ethan Rodgers and Michelle Morgenstern of JLL arranged the debt through Chicago-based Pearlmark on behalf of the owner, a joint venture between New York City-based KPR Centers LLC and Los Angeles-based PCCP LLC.
LYNDHURST, N.J. — Northcott Silk USA has signed a 38,728-square-foot industrial lease in the Northern New Jersey community of Lyndhurst. The textile company is taking about half the space at the building at 1050 Valley Brook Ave., which according to LoopNet Inc. features a clear height of 24 feet, seven exterior dock doors and 70 car parking spaces. Robert Adams of Garden State Realty brokered the deal. Saddleback Real Estate Developers owns the building.
