Friday, November 28, 2025
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Industrial

Campus-Bayside-Fremont-CA
CaliforniaDevelopmentIndustrialWestern

9th St., Clarion Break Ground on 473,250 SF Manufacturing Project at Bayside Technology Park in Fremont

by Amy Works

FREMONT, CALIF. — 9th St. Partners LLC and Clarion Partners have broken ground on Campus at Bayside, an advanced manufacturing business park within Bayside Technology Park in Fremont. At full build-out, the six-building campus will offer 473,250 square feet of industrial space. Scheduled for delivery in second-quarter 2026, Phase I will feature 253,472 square feet across three buildings, designed to accommodate advanced manufacturing and R&D users. Each building will include a clear height of 32 feet, ESFR sprinkler systems and 4,000 amps of power with the ability to bring more power to the site. Phase I will include: – Building I: a 101,600-square-foot asset (expandable to 104,600 square feet), including 6,000 square feet of speculative office space (expandable to 12,000 square feet), 178 auto parking stalls, 11 dock-high and two grade-level doors, a 125-foot truck court and 10 EV charging stations; – Building 2: a 74,913-square-foot property with 5,020 square feet of office space, 119 auto parking stalls, eight dock-high doors and one grade-level door, a 125-foot truck court and 13 EV charging stations; – Building 3: a 76,959-square-foot facility (expandable to 78,959 square feet) with 4,000 square feet of speculative office space (expandable to 8,000 square feet), 140 auto parking …

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AcquisitionsIllinoisIndustrialMidwest

Colliers Arranges Sale of 100,400 SF Logistics Center in Mount Prospect, Illinois

by Kristin Harlow

MOUNT PROSPECT, ILL. — Colliers has arranged the sale of a 100,400-square-foot last-mile logistics facility in Mount Prospect for an undisclosed price. The property at 350 N. Wolf Road features a clear height of 32 feet, 12 exterior truck docks and paved parking. Jeff Devine, Steve Disse and Tyler Ziebel of Collieres represented the seller, a joint venture between Stotan Industrial and PCCP LLC. An institutional investor purchased the asset. The site was formerly home to an office building, which Stotan demolished to make way for the facility. Completed in early 2024, the property is fully leased to OnTrac, an e-commerce logistics provider.

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IndustrialLeasing ActivityNew JerseyNortheast

Scentbird Signs 116,530 SF Industrial Lease in Somerset, New Jersey

by Taylor Williams

SOMERSET, N.J. — Scentbird has signed a 116,530-square-foot industrial lease in the Northern New Jersey community of Somerset. The provider of customized fragrance subscriptions is taking space at Cottontail Logistics Center, a two-building, 236,000-square-foot development. Nicholas Klacik of CBRE represented Scentbird in the lease negotiations. Kevin Dudley, Chad Hillyer and Kate Granahan, also with CBRE, represented the landlord, CBRE Investment Management, which bought the property earlier this summer.

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DevelopmentIndustrialNortheastPennsylvania

Kervan USA to Open 90,000 SF Packaging, Manufacturing Facility in Lehigh Valley

by Taylor Williams

WHITEHALL TOWNSHIP, PA. — Kervan USA, a Turkish candy company, will open a 90,000-square-foot packaging and manufacturing facility in the Lehigh Valley.  The company, which maintains its U.S. headquarters in Whitehall Township and also has packaging and distribution locations in New Jersey, will invest $20 million to consolidate those operations into a single facility. Kervan USA expects the new facility, construction of which is underway and expected to be complete next year, to create about 40 new jobs within the community.

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DevelopmentIndustrialSoutheastTennesseeTop Stories

Hamilton Development Breaks Ground on 2.1 MSF Spec Industrial Park in Clarksville, Tennessee

by Kristin Harlow

CLARKSVILLE, TENN. — Hamilton Development has broken ground on NorthPark Logistics, a 2.1 million-square-foot industrial park in Clarksville, a city in northern Tennessee. The project marks the first Class A speculative industrial park in Clarksville, according to the Nashville-based developer. The 200-acre site at 4175 Guthrie Highway will feature 14 buildings at full build-out. Located within 50 miles of Nashville, the NorthPark Logistics site is directly served by R.J. Corman rail, offers immediate access to I-24, is within an hour’s drive from both Clarksville Regional Airport and Nashville International Airport and is adjacent to the $3.2 billion LG Chem plant. In addition to LG Electronics, Clarksville is home to industrial tenants such as Hankook Tire, Google, Bridgestone and Amazon. “As industrial employers continue to invest billions of dollars in the area, we believe there will be increasing demand for institutional-quality industrial space,” says Whitfield Hamilton, CEO of Hamilton Development. NorthPark Logistics will feature opportunities for flexible build-to-suit or speculative space, with the ability to accommodate tenants ranging from 18,200 to 1.2 million square feet. Hamilton Development has begun construction on the first phase of the development, which encompasses four buildings totaling nearly 550,000 square feet. Building 1, a 206,752-square-foot property, …

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AcquisitionsFloridaIndustrialSoutheast

Phoenix Investors Purchases 628,000 SF Industrial Facility in Jacksonville

by John Nelson

JACKSONVILLE, FLA. — An affiliate of Milwaukee-based Phoenix Investors has purchased a 628,000-square-foot industrial facility located at 2121 Huron St. in Jacksonville. The property was previously home to Anchor Glass Container Corp. The seller and sales price were not disclosed. The property features 26 dock doors and clear heights up to 32 feet. Phoenix plans to renovate the facility with a new roof, fire suppression enhancements, exterior and interior paint, new dock equipment and site work improvements. The Jacksonville facility represents the ninth former glass factory that Phoenix Investors has acquired with plans to update for modern industrial use, according to Anthony Crivello, executive vice president and managing director at Phoenix. The construction timeline for the redevelopment was not announced.

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Kennedy-Greens-Distribution-Center
AcquisitionsIndustrialTexas

CapRock Partners Buys 524,199 SF Distribution Center in North Houston

by Taylor Williams

HOUSTON — California-based investment firm CapRock Partners has purchased a 524,199-square-foot distribution building in North Houston. Built on 29 acres in 2020, Kennedy Greens Distribution Center is a cross-dock facility that features 36-foot clear heights, 185-foot truck court depths, 103 dock-high doors, four grade-level doors, an ESFR sprinkler system and parking for 128 trailers and 276 cars. The property was fully leased at the time of sale. Cushman & Wakefield represented the undisclosed seller in the transaction.

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AcquisitionsIndustrialTexas

Alterra Acquires Industrial Outdoor Storage Facility in Sugar Land, Texas

by Taylor Williams

SUGAR LAND, TEXAS — Philadelphia-based investment firm Alterra IOS has acquired an industrial outdoor storage facility located at 25 miles southwest of Houston at 15646 Ennis Road in Sugar Land. The facility features a 30,000-square-foot warehouse and was fully leased at the time of sale of a national building materials distributor. Alex Harrold of Matthews Real Estate Investment Services represented Alterra in the transaction. The seller and sales price were not disclosed.

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IndustrialLeasing ActivityTexas

Bradford Negotiates 12,078 SF Industrial Lease Renewal in Addison, Texas

by Taylor Williams

ADDISON, TEXAS — Bradford Commercial Real Estate Services has negotiated a 12,078-square-foot industrial lease renewal in the northern Dallas metro of Addison. The tenant, electronics repair services provider Power Clinic Inc., will maintain its space at Marsh Business Park, a multi-building development.Brian Pafford of Bradford represented the locally based landlord, GKI Industrial Dallas LLC, in the lease negotiations. Matthew Middendorf of Middendorf Commercial represented Power Clinic.

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14928-Washington-Dr-Fontana-CA
AcquisitionsCaliforniaIndustrialWestern

BLP Purchases Three-Building Industrial Portfolio in Fontana, California for $83.5M

by Amy Works

FONTANA, CALIF. — Bridge Logistics Properties (BLP), a subsidiary of Bridge Investment Group Holdings, has purchased a portfolio of three industrial buildings in Fontana for $83.5 million. The name of the seller was not released. Totaling 332,793 square feet, the portfolio includes a 100,039-square-foot asset at 14074 Rancho Court, a 57,654-square-foot property at 14019 Rose Ave. and a 175,100-square-foot building at 14928 Washington Drive. Each building features Class A specifications including 32-foot clear heights, secured all-concrete truck courts, dock-high and grade-level loading, ESFR sprinkler systems and LED lighting. The properties are fully leased and offer a weighted average lease term of more than two years.

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