Industrial

PREMIER Breaks Ground on 82,125 SF Manufacturing Facility for Linx in Niles, Illinois

by Kristin Harlow March 6, 2026

NILES, ILL. — PREMIER has broken ground on a manufacturing facility for Linx Global in Niles. The 82,125-square-foot building features an additional 18,000-square-foot production mezzanine. Linx is a global product development and contract manufacturing company. The new facility will grow Linx’s R&D operations and deepen its footprint in medical, advanced packaging and electromechanical assembly space. The project will house a range of specialized manufacturing and research spaces, including a wet lab, quality control lab, 3D print room and dedicated support areas. The office areas will include conference rooms, private offices, breakout rooms and open workspaces. Employees will have access to a café and green roof deck with a walking path, outdoor kitchen and gas fire pit. The project team includes Heitman Architects, Spaceco Inc., MK Industries Inc., Swift Structural Design and Connelly Electric. Substantial completion is slated for the first quarter of 2027.

March 6, 2026

Acquisitions Industrial Self-Storage Texas

Marcus & Millichap Brokers Sale of 466-Unit Self-Storage Facility in Crowley, Texas

by Taylor Williams March 5, 2026

CROWLEY, TEXAS — Marcus & Millichap has brokered the sale of Dry Dock & Lock, a 466-unit self-storage facility in Crowley, a southern suburb of Fort Worth. Built on 20 acres in 2021, Dry Dock & Lock totals 200,940 rentable square feet of space across a mix of enclosed, covered and uncovered parking spaces for boats and RVs, as well as traditional storage units. Danny Cunningham, Brandon Karr and Jon Danklefs of Marcus & Millichap represented the seller in the transaction. Cunningham and Karr also procured the Canadian buyer. Both parties requested anonymity.

March 5, 2026

Acquisitions Industrial Loans Southeast Tennessee

CBRE Arranges $58M Acquisition Financing for Industrial Portfolio in Metro Nashville

by John Nelson March 5, 2026

GOODLETTSVILLE AND SMYRNA, TENN. — CBRE has arranged $58 million in acquisition financing for a last-mile industrial portfolio in metro Nashville spanning more than 600,000 square feet. Mike Ryan, Richard Henry, J.P. Cordeiro and Taylor Crowder of CBRE’s Debt & Structured Finance team arranged the financing through Starwood on behalf of the borrower, Raith Capital Partners. The properties in the portfolio include: 300 Oak Bluff Lane in Goodlettsville (207,080 square feet); 100 Northfork Lane in Goodlettsville (67,000 square feet); 200 Northfork Lane in Goodlettsville (100,500 square feet); and 801 Swan Drive in Smyrna (229,504 square feet). Delivered between 1993 and 1998, the properties were fully leased at the time to five tenants and feature clear heights ranging from 24 to 30 feet.

March 5, 2026

Acquisitions Industrial Massachusetts Northeast Office

Premier Fence Acquires 25.8-Acre Industrial Facility in Middleborough, Massachusetts

by Taylor Williams March 5, 2026

MIDDLEBOROUGH, MASS. — Premier Fence, a provider of fencing and outdoor home goods, has acquired a 25.8-acre industrial facility in Middleborough, located south of Boston. The property at 370 Wareham St. features four approximately 20,000-square-foot buildings. Two buildings will house uses such as manufacturing, warehousing of raw materials, storage of finished goods and office, showroom and employee training space. Premier Fence will market the other two buildings for lease. The company expects to open its new facility this spring. MassDevelopment provided $11.7 million in bond financing, some of which is tax-exempt, for the purchase and build-out of the facility. Cambridge Savings Bank purchased the bond.

March 5, 2026

Acquisitions Industrial Northeast Southeast Top Stories

Mapletree Sells East Coast Industrial Portfolio to EQT for $575M

by Hayden Spiess March 5, 2026

NEW YORK CITY AND RADNOR, PA. — Mapletree, a global real estate development, investment, capital and property management company, has completed the sale of an industrial portfolio located along the East Coast for $575 million. EQT Real Estate, an industrial owner-operator based in Radnor, was the buyer. Totaling 4.4 million square feet, the logistics portfolio comprises 25 warehouse properties located in Connecticut, Florida, Georgia, New Jersey, North Carolina, Pennsylvania, Tennessee, Virginia and Washington, D.C. Of the assets, 24 were held under Mapletree US & EU Logistics Private Trust (MUSEL), a closed-end private fund established in 2019. MUSEL launched with $4.3 billion in assets under management. The additional property included in the portfolio was held under the Mapletree US Logistics Private Trust (MUSLOG), a closed-end private fund launched in 2021 with a portfolio of 155 logistics properties totaling $3.3 billion in value. “This divestment reflects the successful execution of our closed-end fund strategy and illustrates the strength of our U.S. industrial platform,” says Richard Prokup, CEO, U.S., at Mapletree. “Looking ahead, we remain confident in the logistics sector’s long-term fundamentals as we advance new development opportunities nationwide to grow our pipeline.” Last year, Mapletree sold another portfolio to EQT for $242 million. …

March 5, 2026

Data Centers Development Southeast West Virginia

Penzance to Develop $4B Data Center Campus in Bedington, West Virginia

by John Nelson March 4, 2026

BEDINGTON, W.VA. — Penzance plans to develop a $4 billion data center campus in Bedington, a city in Berkeley County on the east side of West Virginia. The 600-megawatt (MW) hyperscale campus will be situated on 548 acres and will span 1.9 million square feet at full build-out, with the ability to scale further to meet future demand. Penzance made the announcement last week in the West Virginia State Capitol with Gov. Patrick Morrisey and other state and local government staffers. The Berkeley County site marks the first high-impact data center project approved under West Virginia’s House Bill 2014. Penzance plans to begin construction before the end of the year, with delivery of the first megawatts of capacity targeted for the end of 2028. In addition to the Bedington project, Penzance recently broke ground on a 45 MW, 240,000-square-foot data center in Chantilly, Va.

March 4, 2026

Acquisitions California Industrial Western

DAUM Brokers Sale of 113,930 SF Warehouse in Fontana, California

by Amy Works March 4, 2026

FONTANA, CALIF. — DAUM Commercial Real Estate Services has arranged the sale of an industrial distribution building located at 6260 Mango Ave. in Fontana. Magellan Value Partners sold the asset to an undisclosed buyer for $30.2 million. The end user is a clothing-based distribution company based out of New Jersey. The property offers 113,930 square feet of Class A space with a clear height of 32 feet, 19 dock-high doors and options for expandable power. Noah Samarin, David Gores and Gary Womack of DAUM represented the seller, while DAUM’s Steve Haston, along with LA Commercial’s John Lasiter, represented the buyer in the transaction.

March 4, 2026

Acquisitions Industrial Midwest Missouri

Colliers Brokers Sale of 748,833 SF Industrial Property in Platte City, Missouri

by Kristin Harlow March 4, 2026

PLATTE CITY, MO. — Colliers has brokered the sale of a 748,833-square-foot industrial facility in Platte City within metro Kansas City. Constructed in 2024, the distribution building is fully leased to Central Power Systems & Services under a long-term lease. The property features a clear height of 36 feet, 463 auto parking stalls, 74 dock doors and seven drive-in doors. Alex Cantu, Alex Davenport, Jeff Devine, Steve Disse, Tyler Ziebel and John Stafford of Colliers represented the seller, VanTrust Real Estate. The buyer was undisclosed.

March 4, 2026

Acquisitions Illinois Industrial Loans Midwest

JLL Secures $35.6M in Acquisition Financing for Metro Chicago Industrial Portfolio

by Kristin Harlow March 4, 2026

CHICAGO — JLL Capital Markets has secured $35.6 million in acquisition financing for the Chicago Infill Industrial Seed Portfolio, a collection of four shallow-bay assets totaling 411,781 square feet in the O’Hare, Northwest Cook and North DuPage submarkets. Danny Kaufman, Lucas Borges, Mary Dooley, Emma Berner and Annie Thomas of JLL represented the borrower, a newly formed joint venture between Matterhorn Venture Partners and TPG Angelo Gordon U.S. Real Estate. The transaction represents the initial investment for the joint venture, which is targeting value-add Midwest industrial acquisitions. Built in the mid-1980s, the portfolio features clear heights ranging from 18 to 24 feet, 30 dock doors and four drive-in doors across the four buildings.

March 4, 2026

Acquisitions Data Centers Industrial Southeast Top Stories Virginia

George Washington University Sells Virginia Science and Technology Campus to Amazon for $427M

by Kristin Harlow March 4, 2026

ASHBURN, VA. — The George Washington University (GW) has sold the Viginia Science and Technology Campus (VSTC) in Ashburn, about 30 miles northwest of Washington, D.C. Amazon Data Services, a subsidiary of Amazon Web Services, purchased the property for $427 million, according to local media reports. Amazon plans to develop the 122-acre site into a data center, according to The GW Hatchet, the university’s student newspaper. Ashburn is situated in Loudoun County, which is dubbed locally as “data center alley.” The transaction agreement ensures that the university has the option to keep programs at VSTC for up to five years. Launched in 1991, VSTC supports research in engineering, physics and chemistry and is home to both academic programs and administrative services. GW’s School of Nursing, the Earthquake Engineering and Structures Laboratory and the Avenir Foundation Conservation and Collections Resource Center are all housed on the campus. “As stewards of the university’s mission, we must continually assess how best to use our resources in service of our community and future generations of GW revolutionaries,” wrote Ellen Granberg, president of GW, in a letter regarding the sale. “This includes our real estate portfolio, a critical asset that supports our academic mission, the …

March 4, 2026

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