Saturday, July 18, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Industrial

The-Ranch-Gilbert-AZ
AcquisitionsArizonaDevelopmentHealthcareIndustrialMixed-UseMultifamilyOfficeRestaurantRetailWestern

Partnership Purchases 311-Acre Site for Mixed-Use Project in Gilbert, Arizona

by Amy Works

GILBERT, ARIZ. — Indicap, Colmena Group and Langley Properties have completed the purchase of 311 acres of land at the northwest corner of Power and Warner roads in Gilbert. The property traded for $107.5 million in an all-cash transaction. The buyers plan to develop The Ranch, a billion-dollar mixed-use project on the site. With the land acquisition complete, the project will move to the site planning and design phase, with a groundbreaking slated for third-quarter 2024. The project will include: Jason Hyams of Insight Land and Investments represented the buyer. Danny Perkinson and Scott Perkinson of Perk Prop Real Estate represented the seller, The Dale C. Morrison Trust, in the deal.

Continue Reading
FacebookTwitterLinkedinEmail
Westcore-Odyssey-Ind-Livermore-CA
AcquisitionsCaliforniaIndustrialWestern

Westcore Acquires 3.5 MSF Industrial Portfolio in California

by Amy Works

CHINO, VALENCIA AND LIVERMORE, CALIF. — Westcore has acquired the Odyssey Portfolio, a 3.5 million-square-foot industrial portfolio across Chino, Valencia and Livermore. The price was not disclosed. The portfolio includes: The industrial buildings are all fully occupied with staggered lease expirations that will enable Westcore to drive value and make capital improvements to the properties. Current tenants include Pharavite, Tesla, Draxlmaier Automotive, Coca-Cola and Schlage. Steve Silk, Jay Borzi, Adam Pastor and Christina Buhl of Eastdil Secured represented the undisclosed seller, while Westcore was self-represented in the deal.

Continue Reading
FacebookTwitterLinkedinEmail
Storage-King-USA-Colorado-Springs-CO
AcquisitionsColoradoIndustrialSelf-StorageWestern

Andover Properties Buys 215,748 SF Self-Storage Facility in Colorado Springs

by Amy Works

COLORADO SPRINGS, COLO. — Andover Properties has acquired a self-storage facility situated on 23 acres in Colorado Springs. Terms of the transaction were not released. Andover will rebrand the 215,748-square-foot facility under its Storage King USA brand. Previously, the asset operated as AAA Platte Self Storage. The property has 681 climate-controlled units in a variety of sizes. The Storage King USA portfolio now totals 158 facilities in 18 states across the country, with five assets in Colorado.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndianaIndustrialMidwest

Prairie Hill Holdings Purchases 385,830 SF Industrial Portfolio in Indiana for $10.1M

by Kristin Harlow

TERRE HAUTE, IND. — Prairie Hill Holdings has purchased a three-building industrial portfolio totaling 385,830 square feet in Terre Haute for $10.1 million. The properties are leased to Distributors Terminal Corp., a third-party logistics company that has been in business for over 100 years. Prairie Hill is a private real estate investment manager that focuses exclusively on triple net lease properties.

Continue Reading
FacebookTwitterLinkedinEmail
Claymoore-Portfolio-Houston
AcquisitionsIndustrialTexas

Lovett Industrial, PCCP Acquire 1.4 MSF Industrial Portfolio in Northwest Houston

by Taylor Williams

HOUSTON — Locally based developer Lovett Industrial and Los Angeles-based PCCP LCC have acquired The Claymoore Portfolio, a collection of 10 buildings totaling roughly 1.4 million square feet in northwest Houston. The buildings comprise two developments, Claymoore Business Park and Northwest Business Park, and range in size from 12,000 to 275,000 square feet. Claymoore Business Park features 1 million square feet of space across eight cross-dock and front-load buildings with 18- to 24-foot clear heights and 960 parking spaces. Northwest Business Park consists of one cross-dock and one front-load building totaling 378,900 square feet that offer 24-foot clear heights and 746 parking spaces. The portfolio was 100 percent leased at the time of sale to a roster of 21 tenants. Trent Agnew of JLL brokered the deal, the seller of which was not disclosed. Michael Johnson and Wally Reid, also with JLL, arranged acquisition financing through Voya Financial.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLeasing ActivityTexas

Challenge Manufacturing Signs 91,364 SF Industrial Lease Renewal in Irving

by Taylor Williams

IRVING, TEXAS — Challenge Manufacturing Co., a Michigan-based provider of automotive structures, has signed a 91,364-square-foot industrial lease renewal at 5101 Statesman Drive in Irving. According to commercialcafé.com, the building was constructed in 1984. Canon Shoults and Maddy Canty of Holt Lunsford Commercial represented the landlord, Oxford Properties, in the negotiations for the full-building lease. Nathan Orbin of JLL represented the tenant.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLeasing ActivityLee & AssociatesTexas

CBRE Arranges 34,000 SF Industrial Lease in Southwest Houston

by Taylor Williams

HOUSTON — CBRE has arranged a 34,000-square-foot industrial lease in southwest Houston. The tenant, industrial parts distributor Merit Brass, will occupy space at The Business Center at Five Corners, a five-building, 550,000-square-foot development. Nathan Wynne, Joseph Smith and Savannah Smith of CBRE represented the landlord, a partnership between locally based developer Levey Group and ANICO Eagle, in the lease negotiations. Reed Parker of Lee & Associates represented Merit Brass.

Continue Reading
FacebookTwitterLinkedinEmail
43195-Business-Park-Dr-Temecula-CA.jpg
AcquisitionsCaliforniaIndustrialWestern

Saed Investments Sells 160,561 SF Industrial Property in Temecula, California

by Amy Works

TEMECULA, CALIF. — Saed Investments has completed the disposition of an industrial facility located at 43195 Business Park Drive in Temecula. Brennan Investment Group acquired the asset for an undisclosed price. Situated on 11.5 acres, the 160,561-square-foot building features a secure fenced yard, ample outdoor space, 4,000 amps at 480 volts, 15,000 square feet of office space and an additional 15,000 square feet of HVAC production area. Additionally, the facility offers 246 parking spaces, eight docks and three grade-level doors. Kelly Nicholls and Zack Martinez of Lee & Associates represented the seller in the deal.

Continue Reading
FacebookTwitterLinkedinEmail
IllinoisIndustrialLeasing ActivityMidwest

Meeting Tomorrow Inks 20,300 SF Industrial Lease in Chicago

by Kristin Harlow

CHICAGO — Meeting Tomorrow, an audiovisual equipment rental company, has signed a lease for a 20,300-square-foot warehouse located at 4848 W. Lawrence Ave. in Chicago. Marc Hale and Ali Nix of DarwinPW Realty/CORFAC International represented the undisclosed landlord. Constructed in 1962, the building has been well-maintained and is furnished with racking and office furniture. It features one dock door and two drive-in doors.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts