Industrial

CHANNELVIEW, TEXAS — Apricus Realty Capital has acquired a 9.2-acre industrial outdoor storage (IOS) facility in Channelview, an eastern suburb of Houston. The facility at 403 W. Brentwood St. was fully leased at the time of sale to GFL Plant Services LP, which supports the petrochemicals industry. Apricus acquired the property in partnership with ABR Capital Partners. The seller and sales price were not disclosed.

FacebookTwitterLinkedinEmail

HOUSTON — Locally based development and investment firm Triten Real Estate Partners has purchased a 140,181-square-foot industrial property in northwest Houston. According to LoopNet Inc., the building at 1811 Brittmoore Road, which was fully leased at the time of sale, was built in 2008 within a larger, master-planned business park. Stephen Bailey and Dom Espinosa of Newmark represented the undisclosed seller in the transaction.

FacebookTwitterLinkedinEmail
Prime-NYC-Self-Storage-Portfolio

NEW YORK CITY — Affinius Capital has provided a $120 million loan for the refinancing of the Prime NYC Self-Storage Portfolio, a collection of three self-storage facilities totaling 7,230 units in New York City. The names and addresses of the properties, which exclusively offer climate-controlled space, were not disclosed, but the locations span Brooklyn, Queens and The Bronx. Drew Anderman of CBRE arranged the loan through Affinius Capital on behalf of the owner, Prime Group Holdings. Miami-based lender 3650 Capital provided an undisclosed amount of junior mezzanine financing for the deal.

FacebookTwitterLinkedinEmail
Raceway-Commerce-West-Valley-City-UT

WEST VALLEY CITY, UTAH AND ENGLEWOOD, COLO. — Westcore has completed the disposition of The Raceway Commerce Center in West Valley City and Potomac Park I & II in Englewood to a partnership between Hyde Development and Mortenson Properties for an undisclosed price. Jeff Chiate, Will Strong, Michael Matchett, Phillip Eilers and John Schreck of Cushman & Wakefield, along with Joe Cesta, Tyler Carner and Jeremy Ballenger of CBRE, represented the seller and procured the buyer in the transaction. The properties are part of the National Core Industrial Portfolio, a multi-state portfolio totaling 2.4 million square feet across eight assets in six states. Located at 6057 W. SR-201 Frontage Road and 2234 S. 5900 West in West Valley City, The Raceway Commerce Center offers 397,894 square feet of industrial space with a clear height of 32 feet, expansive truck courts and LED lighting. Located at 7955 and 7901 S. Potomac St. in Englewood, Potomac Park I & II offer 28-foot to 30-foot clear heights, dock-high and drive-in loading and ESFR fire sprinklers.

FacebookTwitterLinkedinEmail

CRYSTAL LAKE, ILL. — Premier Commercial Realty has arranged the $2 million sale of a six-building industrial portfolio in the Chicago suburb of Crystal Lake. Totaling nearly 40,000 square feet, the multi-tenant properties were built by John Yazel in the 1970s. Bruce Kaplan and Heather Schweitzer of Premier brokered the transaction. An Indiana-based investor purchased the portfolio with plans to make necessary improvements and lease up any vacant spaces.

FacebookTwitterLinkedinEmail

ELMHURST, ILL. — Alterra IOS has acquired a 2.8-acre industrial outdoor storage (IOS) property with more than 35,000 square feet of accompanying warehouse space in the Chicago suburb of Elmhurst. Located at 216 W. Diversey Ave., the asset includes designated office space and is fully leased to a heavy-duty truck company. Situated 10 miles southwest of the Chicago O’Hare International Airport, the property offers convenient access to Chicago and the greater Midwest with direct connectivity to I-290, I-294 and Route 20. Alessandra Bianchi of ONE Commercial Real Estate represented Alterra in the acquisition. As of third-quarter 2025, Alterra has acquired more than 390 properties in 37 states.

FacebookTwitterLinkedinEmail
Riverport 5

HARDEEVILLE, S.C. — JLL Capital Markets has secured $115 million in financing for three industrial buildings located within RiverPort Commerce Park in Hardeeville, roughly 10 miles from the Port of Savannah. The portfolio, which comprises Riverport buildings 5, 6 and 7, totals roughly 1.3 million square feet. Bobby Norwood, Mark Sixour, Kelsey Bawcombe and Austin Smith of JLL arranged the loan on behalf of the borrowers, North Signal Capital and EJF Capital LLC. Synovus and City National Bank provided the loan. RiverPort 5 spans 130,436 square feet and features a rear-load configuration, 34 dock-high doors and 32-foot clear heights. RiverPort 6 encompasses 402,491 square feet in a front-load design with 94 dock-high doors and 36-foot clear heights. The largest facility, RiverPort 7, spans 791,259 square feet in a cross-dock configuration with 154 dock-high doors and 36-foot clear heights. The three-building portfolio is currently 87 percent leased to various tenants such as logistics providers, consumer products distributors and security system manufacturers.

FacebookTwitterLinkedinEmail
Remount I & II

NORTH CHARLESTON, S.C. — CBRE has arranged the sale of Remount I & II, a 305,114-square-foot office and industrial park located in North Charleston. Accordia Real Estate purchased the master-planned property for $48 million. Patrick Gildea, Matt Smith, Robert Hardaway, Charlie Carmody, Chip Shealy and Will Yowell of CBRE, along with Jay O’Meara, Justin Parsonnet and Ryan Reethof of Newmark, represented the sellers, Accesso Partners and Partners Group. Matthew Pizzolato and Josh Stein, also with CBRE, arranged an undisclosed amount of acquisition financing through CIBC and a joint venture equity partnership with an unnamed institutional partner. Situated on roughly 26 acres near Charleston International Airport, Remount I & II is a two-building, dual flex property that fronts the Cooper River. The industrial park is currently 90 percent leased to seven tenants and features steel-frame and concrete tilt-up wall construction, 18-foot clear heights, six dock slips, 13 drive-in doors and 240-foot truck courts. The layout also includes flexible floor plates designed to support a range of tenant sizes and operational needs. 

FacebookTwitterLinkedinEmail

HOUSTON — Eli Lilly and Co. (NYSE: LLY) has unveiled plans to build a new $6.5 billion manufacturing facility at Generation Park, a 4,000-acre master-planned development in northeast Houston that is owned by McCord Development. The active pharmaceutical product (API) facility, which represents the second of four new U.S. sites that Lilly plans to announce this year, will be used to manufacture the company’s pipeline of small molecule medicines across therapeutic areas, including cardiometabolic health, oncology, immunology and neuroscience. The project is expected to be operational within five years. Lilly plans to bring 615 new, high-wage jobs to the greater Houston area, including engineers, scientists, operations personnel and lab technicians. The company also expects to generate 4,000 construction jobs as the project is built. The facility will be among those that will manufacture orforglipron, Lilly’s first oral, small molecule GLP-1 receptor agonist, which the company expects to submit to global regulatory agencies for obesity by the end of this year. “Our new Houston site will enhance Lilly’s ability to manufacture orforglipron at scale and, if approved, help fulfill the medicine’s potential as a metabolic health treatment for tens of millions of people worldwide who prefer the ease of a pill …

FacebookTwitterLinkedinEmail
1825-Midway-Road-Lewisville

LEWISVILLE, TEXAS — Toyota Motor Sales USA Inc. has signed a 121,188-square-foot industrial lease renewal in Lewisville, a northern suburb of Dallas. The company will remain a tenant at the building at 1825 Midway Road, which according to LoopNet Inc. was completed in 2018. Melissa Holland of JLL represented the tenant in the lease negotiations. Chicago-based investment firm ML Realty Partners owns the property.

FacebookTwitterLinkedinEmail