Tuesday, November 4, 2025
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Industrial

IndustrialLoansMidwestOhio

Affinius Capital Provides $76.3M Acquisition Loan for 1.3 MSF Warehouse Near Columbus

by Kristin Harlow

MARYSVILLE, OHIO — Affinius Capital LLC has provided a $76.3 million loan to finance the acquisition of Scotts Midwest Distribution Center, a 1.3 million-square-foot warehouse and distribution facility in the Columbus suburb of Marysville. Ryan Kieser of CBRE arranged the loan on behalf of the borrower, Sculptor Real Estate. Developed in 2023 by Crawford Hoying as a build-to-suit for The Scotts Co., the property features cross-dock configuration, a clear height of 40 feet, 120 dock doors, four drive-in doors and 388 parking spaces. The facility is leased to The Scotts Co., a subsidiary of The Scotts Miracle-Gro. The property serves as the primary distribution hub for the tenant and is located less than two miles from its main manufacturing facility and global headquarters.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIllinoisIndustrialMidwest

JLL Brokers Sale of 537,681 SF Industrial Portfolio in Metro Chicago

by Kristin Harlow

CHICAGO — JLL Capital Markets has brokered the sale of a three-building industrial portfolio totaling 537,681 square feet across DuPage County. The infill properties provide direct access to I-290 and proximity to the O’Hare International Airport. Kurt Sarbaugh, Sean Devaney, Ed Halaburt, Ross Bratcher and Cameron Chandra of JLL represented the undisclosed seller. The buyer was High Street Logistics Properties.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialMidwestOhio

CBRE Arranges $18.7M Sale of Two Industrial Properties in Columbus, Ohio

by Kristin Harlow

COLUMBUS, OHIO — CBRE has arranged the sale of two industrial buildings totaling 86,389 square feet in Columbus for $18.7 million. The properties are fully leased to nine tenants and feature clear heights of 22 feet. CBRE’s Kevin Foley, Austin Wolitarsky, Matt Harris and Matt Pourcho represented the buyer, a high-net-worth 1031 exchange investor from California. Tenby Partners was the seller.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentIndustrialTexas

Joint Venture to Develop 262,612 SF Industrial Facility in Wallisville, Texas

by Taylor Williams

WALLISVILLE, TEXAS — A joint venture between two locally based developers, Vigavi Realty and Ley Wilson Development, as well as Chicago-based Pearlmark, will develop Wallisville Logistics Center, a 262,612-square-foot industrial facility that will be located on the eastern outskirts of Houston. Wallisville Logistics Center will consist of two buildings spanning roughly 135,000 and 128,000 square feet that will feature 32-foot clear heights. Amegy Bank is financing construction of the project. JLL arranged the construction debt and equity partnership and has also been named as the project’s leasing agent.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialTexas

CanTex Capital Sells Industrial Outdoor Storage Portfolio in Dallas-Fort Worth

by Taylor Williams

DALLAS — Locally based investment firm CanTex Capital has sold a portfolio of eight industrial outdoor storage facilities totaling roughly 44 acres that are located across the Dallas-Fort Worth metroplex. The portfolio was fully leased at the time of sale. Eastdil Secured represented CanTex Capital in the transaction. The buyer was San Francisco-based Stockbridge Capital Group.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLeasing ActivityTexas

Image First of Dallas Signs 44,045 SF Lease Renewal at Industrial Flex Building in West Dallas

by Taylor Williams

DALLAS — Image First of Dallas has signed a 44,045-square-foot lease renewal at 3040 Quebec St. in West Dallas. Quebec Business Center features 18-foot clear heights, three dock-high doors and 800 square feet of office space. Brian Pafford of Bradford Commercial Real Estate Services represented the landlord, GKI Industrial Dallas LLC, in the lease negotiations. Ruth Baker of Mohr Partners represented the tenant.

Continue Reading
FacebookTwitterLinkedinEmail
ConnecticutIndustrialLoansNortheast

JLL Arranges $9.5M Loan for Refinancing of Connecticut Industrial Building

by Taylor Williams

SOUTH WINDSOR, CONN. — JLL has arranged a $9.5 million loan for the refinancing of a 115,800-square-foot industrial building in South Windsor, located northeast of Hartford. The building at 555 Nutmeg Road was constructed on 12.1 acres in 1980 and was fully leased at the time of sale to wholesale tire distributor US Autoforce. Max Custer, Ryan Carroll and Michael Donohoe of JLL arranged the five-year, fixed-rate loan through an undisclosed life insurance company on behalf of the borrower, Snowball Developments.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialNew JerseyNortheast

CBRE Brokers $6.9M Sale of Industrial Outdoor Storage Facility in Morganville, New Jersey

by Taylor Williams

MORGANVILLE, N.J. — CBRE has brokered the $6.9 million sale of an industrial outdoor storage (IOS) facility in the Central New Jersey community of Morganville. The 21,000-square-foot facility at 173 Amboy Road was originally constructed in 1988, and the property includes 4.8 acres of outdoor storage space. Liam McGregor, Mark Silverman, Brian Fiumara and Elli Klapper of CBRE represented the buyer, private industrial investment firm Genesis, in the off-market transaction. The seller was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialSoutheastVirginia

JLL Negotiates Sale of 1 MSF Industrial Portfolio in Metro Richmond

by John Nelson

RICHMOND, VA. — JLL has negotiated the sale of a six-building industrial portfolio spanning more than 1 million square feet near Richmond International Airport. The portfolio comprises Class A and B buildings that were constructed between 1971 and 1999 across three sites. The assets are situated on the eastern side of Richmond’s metropolitan area near the intersection of I-295 and I-64. Bill Prutting, Pete Pittroff, Craig Childs, Chris Dale, Dave Andrews and Ginna Wallace of JLL represented the undisclosed seller in the transaction. The sales price was also not disclosed. The buyer, Silverman Group, has tapped SL Industrial Partners to manage the portfolio.

Continue Reading
FacebookTwitterLinkedinEmail
Bethany-Bay-Glendale-AZ
ArizonaDevelopmentIndustrialWestern

IndiCap, VAC Development Start Construction of $31M Bethany Bay Industrial Project in Glendale, Arizona

by Amy Works

GLENDALE, ARIZ. — IndiCap and VAC Development have broken ground for Bethany Bay, a Class A shallow-bay industrial project in Glendale. Located at 16380 and 16840 W. Bethany Home Road, the $31 million development will feature 136,800 square feet spread across two buildings. Completion is slated for August 2026. The 98,060-square-foot Building 1 will offer a clear height of 28 feet and 5,000 amps of power, and the 39,226-square-foto Building 2 will feature a clear height of 24 feet and 2,500 amps of power. Suite sizes will range from 4,500 square feet to 18,000 square feet, with each building accommodating four to six users. Building 2 will be delivered with fully built-out speculative office suites ranging from 800 square feet to 1,100 square feet — each of which will be connected to warehouse space and equipped with HVAC, lighting and restrooms for near-immediate occupancy. MIke Schwab of Land Advisors handled the project on behalf of IndiCap. The project team includes Berkeley Partners as senior lender, Olive Point Capital as preferred equity, Newmark as lender placement, Colliers as leasing broker, Commonwealth Land Title Insurance Co. as title company, Ware Malcomb as architect and civil engineer and FCL Builders as general contractor.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts