Friday, December 5, 2025
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Industrial

10681-Production-Ave-Fontana-CA.jpg
AcquisitionsCaliforniaIndustrialWestern

Bridge Logistics Properties Buys 1.1 MSF Distribution Facility in Fontana, California for $174M

by Amy Works

FONTANA, CALIF. — Bridge Logistics Properties (BLP) has acquired a 1.1 million-square-foot multi-tenant distribution facility in Fontana for $174 million in an off-market transaction. Additional details of the transaction were not released. Michael Hefner, Juan Guiterrez and Shy Assar of Voit Real Estate Services Anaheim-Ontario brokerage team represented the buyer in the deal. Situated on 45.9 acres at 10681 Production Ave., the cross-dock distribution center features 220 dock-high loading doors, 185-foot truck courts, 274 trailer parking stalls, an ESFR sprinkler system and immediate access to Interstate 10.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIllinoisIndustrialMidwest

Venture One Buys 97,073 SF Industrial Building in Suburban Chicago

by Kristin Harlow

TINLEY PARK, ILL. — Venture One Real Estate, through its acquisition fund VK Industrial VII LP, has purchased a 97,073-square-foot industrial building in the Chicago suburb of Tinley Park. The multi-tenant property was 44 percent leased at the time of sale. Constructed in 2004, the building is demised into five units. It features 13 exterior docks, six drive-in doors and parking for more than 162 cars. The three vacant suites range from 16,566 to 20,924 square feet, each with 1,236 to 3,291 square feet of office space. Each unit provides access to two or three dedicated exterior docks and one drive-in door, along with electrical service ranging from 400 to 1,400 amps. Venture One plans to make improvements to the vacant units, including office renovations, painting, energy-efficient lights and parking lot paving. Josh Hearne of Cawley Commercial Real Estate represented the seller and has been retained to market the property for lease. VK Industrial VII is co-sponsored by Venture One and Kovitz Investment Group.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialNorth CarolinaSoutheast

Realterm Acquires 70,004 SF Truck Terminal Facility in Charlotte Leased to FedEx

by John Nelson

CHARLOTTE, N.C. — Realterm has purchased a 70,004-square-foot truck terminal and maintenance facility located at 7500 Statesville Road in Charlotte. The 13.7-acre property comprises a 58,184-square-foot, 94-door truck terminal and an 11,820-square-foot, 15-door maintenance shop. FedEx currently leases the fully lit and secured facility, which is situated in close proximity to I-77 and I-85. The seller and sales price were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLeasing ActivityTexas

W-Industries Signs 241,712 SF Industrial Lease in North Houston

by Taylor Williams

HOUSTON — W-Industries has signed a 241,712-square-foot industrial lease in North Houston. The provider of infrastructural engineering, automation and cybersecurity solutions will use the space within Champions Business Park to support its electrical manufacturing operations. Jason Dillee, Joseph Smith and Gregory Holmes of CBRE represented the undisclosed landlord in the lease negotiations. Wes Williams of Colliers represented W-Industries.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentGeorgiaIndustrialSoutheast

Transwestern Acquires Development Site Near Port of Savannah, Plans 528,560 SF Industrial Development

by John Nelson

RINCON, GA. — Transwestern Development Co., along with joint venture partner Transwestern Investment Group, has purchased a 30.7-acre site in Effingham County on behalf of a separately managed account. The ownership group plans to develop two Class A industrial buildings on the site, which is situated within North Gate Industrial Park. The project will include a 240,560-square-foot rear-load building and a 288,000-square-foot front-load building, each designed with 36-foot clear heights, ESFR systems, dock-high doors, multiple points of ingress and egress, 2,500 square foot office suites and ample car parking and onsite trailer storage. Situated near the intersection of Ga. Highway 21 and Old Augusta Road in Rincon, the development will provide direct access to interstates 95 and 16 and offer drayage routes from the Garden City Terminal at the Port of Savannah. The project team includes The Conlan Co., Randall-Paulson Architects and Kern & Co. JLL will provide leasing services. Transwestern plans to begin construction before the end of the year and complete the shell of the two buildings by year-end 2026.

Continue Reading
FacebookTwitterLinkedinEmail
1400-W-3rd-St-Tempe-AZ
ArizonaDevelopmentIndustrialWestern

Creation, LGE Design Build Break Ground on 120,000 SF Industrial Development in Tempe

by Amy Works

TEMPE, ARIZ. — Creation and LGE Design Build have broken ground on a 6-acre industrial development in Tempe. The project will encompass 120,000 square feet across two buildings, with joint venture partner Pacific Office Automation preleasing one building as its Southwest market headquarters. LGE Design Build is serving as architect and general contractor of the project, overseeing the ground-up construction of Pacific Office Automation’s 75,000-square-foot headquarters, in addition to a 45,000-square-foot building available for lease or sale. The development will feature 32-foot clear heights, a shared truck court and 185 parking spaces, including eight electric vehicle charging stations and 14 bike parking spaces. The project is located at 1400 W. 3rd St. Construction is underway, with completion slated for late 2026.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLeasing ActivitySoutheastVirginia

Matan Inks 219,456 SF Industrial Lease With DSV in Stafford, Virginia

by John Nelson

STAFFORD, VA. — Matan Cos. has signed DSV, a global transport and logistics firm headquartered in Denmark, to a full-building lease in Stafford. Named Crossroads Industrial, the 219,456-square-foot building features 32-foot clear heights, 50- by 52-foot column spacing, 64 dock doors, LED lighting, ESFR sprinklers and 20 trailer and 323 car parking spaces. The facility sits within the region’s I-95 industrial corridor and lies equidistant between Richmond and Washington, D.C. Matan, which is based in Frederick, Md., plans to soon launch Venture Industrial, another industrial facility located in Stafford County.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsFloridaIndustrialSoutheast

Viking Partners, Decker Capital Purchase Industrial Portfolio in Jacksonville for $26.5M

by John Nelson

JACKSONVILLE, FLA. — A joint venture between Cincinnati-based Viking Partners and Decker Capital has acquired an eight-building industrial portfolio in Jacksonville for $26.5 million. The multi-tenant portfolio spans 198,360 square feet and is situated in the city’s Southside industrial submarket near the Port of Jacksonville. The portfolio was roughly 90 percent leased at the time of sale and represents Viking’s second industrial acquisition in Florida this year.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLoansNorth CarolinaSoutheast

MMCC Arranges $8.9M Loan for Industrial Property in Robersonville, North Carolina

by John Nelson

ROBERSONVILLE, N.C. — Marcus & Millichap Capital Corp. (MMCC) has arranged an $8.9 million loan for a 206,369-square-foot industrial property located at 201 E. 3rd St. in Robersonville. Flagstone Foods, a private healthy snack maker and distributor, fully occupies the facility. Chad O’Connor of MMCC’s San Diego office arranged the 10-year loan through a local credit union on behalf of the undisclosed borrower. The loan features a 6.09 percent interest rate and a 30-year amortization schedule.

Continue Reading
FacebookTwitterLinkedinEmail
Data CentersDevelopmentIndianaIndustrialMidwest

Amazon Plans to Invest $15B to Build New Data Center Campuses in Northern Indiana

by Kristin Harlow

INDIANA — Amazon has unveiled plans to invest an estimated $15 billion in northern Indiana to build new data center campuses to support artificial intelligence (AI) and cloud computing technologies. The company says that generative AI is driving increased demand for advanced cloud infrastructure and compute power. The investment is in addition to the $11 billion investment announced last year in St. Joseph County and will expand Amazon’s infrastructure to new sites across Indiana. The new project will add 2.4 gigawatts of data center capacity in the region. The investment is expected to create more than 1,100 new high-skilled jobs while supporting thousands of other jobs in the data center supply chain. Amazon has partnered with NIPSCO to power its data centers. Through its newly created subsidiary NIPSCO Generation LLC, Amazon will pay fees to use existing power lines and cover the costs for any new power plants, power lines or equipment needed to serve the data center project without additional cost to local residents and businesses. These cloud computing and AI innovation campuses join Amazon’s operations footprint across Indiana that now includes 15 fulfillment and sortation centers, 11 delivery stations and data centers in New Carlisle, Ind. Since 2010, …

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts