Industrial

13851-Danielson-St-Poway-CA

POWAY, CALIF. — Coastal Holdings Group has acquired an industrial building located at 12155 Paine Place in Poway for $4.1 million from Bergo Enterprises. The buyer plans to use the 11,050-square-foot property to accommodate its electrical contracting business. Chris Duncan of Voit Real Estate Services represented the buyer, while Robb Kerr of Intersection Commercial Real Estate represented the seller in the deal. Prior to the acquisition of 12155 Paine Place, Duncan brokered the $3.4 million sale of an 8,049-square-foot industrial building located at 13851 Danielson St. on behalf of Coastal Holdings Group. Escobar Family Real Estate Holdings acquired the asset as an investment property. Travis Jaedtke of Strategic Real Estate Group represented the buyer.  

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DEER PARK, ILL. — Hernandez Development and XSITE Real Estate have purchased a 6-acre parcel in the Chicago suburb of Deer Park with plans to build a Class A self-storage facility. The acquisition price for the site was $2 million. The project marks the fourth self-storage property in Hernandez’s portfolio within the Chicago market, joining two operational facilities in Oswego and Bolingbrook as well as a project currently under construction in Carol Stream. The development will feature a 123,000-square-foot climate-controlled self-storage facility, a 6,098-square-foot multi-tenant building with drive-thru and a dedicated drive-thru-only Scooter’s Coffee. The project site is adjacent to Deer Park Town Center and across from Kildeer Marketplace. Hernandez Construction will serve as general contractor, and Extra Space will operate the facility.

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Triad-820-Haltom-City

HALTOM CITY, TEXAS — Creation, a developer with offices in Dallas and Phoenix, has broken ground on Triad 820, a three-building, 137,000-square-foot industrial project in Haltom City, a northern suburb of Fort Worth The 9-acre site is located along Anderson Road, and the buildings will feature 28-foot clear heights, 125-foot truck court depths, electrical vehicle charging stations and a secured yard. LGE Design Build is handling the architectural and general contracting aspects of the project, with construction scheduled for a fourth-quarter completion. NAI Robert Lynn has been tapped as the leasing agent.

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West-Valley-Logitiscs-Center-Walnut-CA

WALNUT, CALIF. — CapRock Partners has completed the disposition of West Valley Logistics Center, a LEED-certified industrial warehouse in Walnut. Completed in December 2024, West Valley Logistics offers 270,000 square feet of speculative industrial space situated on 12.5 acres at 4200 Valley Blvd. The property features a clear height of 40 feet, secure dual access with drive-around capabilities, rear loading with 28 dock-high doors, 45 trailer parking stalls, 130 car spots, ample power and 10,000 square feet of two-story office space. Matt Moore, Wes Hunnicut and Michael Torres of Stream Realty represented CapRock Partners, while Mike Hartel and Nick Velasquez of Colliers represented the undisclosed buyer in the deal. The acquisition price was not released.

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CARLSBAD, CALIF. — Yunqun LLC has acquired a 21,481-square-foot multi-tenant industrial building located at 5924 Balfour Court in Carlsbad. The Gildred Cos. sold the asset for $6.2 million. Yunqun plans to occupy the vacant 12,105 square feet in the building for its manufacturing business with move-in expected later this year. Chris Baumgart and Steven Field of JLL represented the seller, while Hank Jenkins, Mike Erwin and Tucker Hohenstein of Colliers represented the buyer in the transaction.

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BUDA, TEXAS — Coated Metals Group has signed a 27,075-square-foot industrial lease in Buda, a southern suburb of Austin. The manufacturer of prefinished steel products is taking space at Building 7 of Buda Midway, a development whose second phase comprises four buildings totaling 382,000 square feet. Phase II buildings feature 30- to 32-foot clear heights and speculative office space. Leigh Ellis, Blake Patterson and Omar Nasser of AQUILA Commercial represented the landlord, United Properties, in the lease negotiations.

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OMAHA, NEB. — Darland Construction will build a nearly 105,000-square-foot packing and distribution center for Food Bank for the Heartland in Omaha. The facility will replace the organization’s current location, which it has outgrown due to a significant increase in demand for emergency food assistance, according to Darland. Since 2018, Food Bank for the Heartland has more than quadrupled its reach and serves 93 counties in Nebraska and western Iowa. The new property will offer expanded cold storage capabilities and a significantly larger Protein Repack Room with a capacity of 4,300 square feet. The new building will be more than 40 percent larger than the current facility, providing increased space for volunteers to repackage food donations. HDR is the architect.

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BETHLEHEM, PA. — NAI Summit has brokered the $5.5 million sale of a 48,000-square-foot industrial and research and development (R&D) facility in the Lehigh Valley city of Bethlehem. The facility features 32 clean rooms, warehouse space, an office area and a machine shop. Mike Adams and Sarah Finney Miller of NAI Summit represented the seller and former occupant, semiconductor manufacturer IQE, in the transaction. The buyer, German pharmaceutical company GfM Bremen, will also occupy the building.

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HOUSTON — Global investment firm Stonepeak, which is headquartered in New York City, has acquired a portfolio of six industrial properties totaling 2.3 million square feet in Houston. The properties, the names and addresses of which were not disclosed, serve tenants in the logistics sector and are all located within eight miles of Port Houston. JLL acted as Stonepeak’s financial advisor in the transaction. The seller and sales price were not disclosed.

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635-Exchange-Dallas

DALLAS — Creation, a developer with offices in Dallas and Phoenix, will build 635 Exchange, a three-building, 600,000-square-foot industrial project in North Dallas. The 36-acre site at the intersection of Interstates 35E and 635 formerly housed a City of Dallas landfill, and the new buildings will feature 32- to 36-foot clear heights. LGE Design Build is handling the architectural and general contracting aspects of the project, with construction scheduled to begin over the summer. Stream Realty Partners has been tapped as the leasing agent.

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