DALLAS — Texas Irrigation Supply, a plumbing and irrigation equipment wholesaler and distributor, has signed a 10,625-square-foot industrial lease renewal in northwest Dallas. According to LoopNet Inc., the building at 10760 Shady Trail was constructed in 1955 and totals 20,500 square feet. Scott Voelkel and Cullen Dickey of Highland Properties represented the landlord, a Dallas-based family partnership, in the lease negotiations. Andrew Brod of Cresa represented the tenant.
MANTECA, CALIF. — EQT Real Estate’s EQT Exeter Industrial Value Fund VI has purchased a 2 million-square-foot portfolio of logistics facilities in Manteca. The four Class A buildings are located near interstates 5 and 99 and offer immediate access to a major Union Pacific intermodal terminal. The properties are fully leased to four tenants across a diverse set of industries with a weighted average lease term of less than three-and-a-half years. The buildings feature 36-foot clear heights, a mix of cross-dock and single-load configurations, ample trailer and auto parking spaces and truck maneuverability and circulation. Michael Kendall, Michael Goldstein, Gian Bruno and Nick Mascheroni of Colliers advised EQT Real Estate in the transaction.
FREDERICKSON, WASH. — Cushman & Wakefield has negotiated the sale of Building D within FRED310, an industrial park in Frederickson. Terms of the transaction were not released. Built in 2024, the multi-tenant building offers 753,069 square feet of Class A industrial space. Situated on 40.9 acres at 6921 192nd St. East, Building D is fully leased to two tenants. The first phase of FRED310 consists of four buildings (C, D, E and G) totaling 3.3 million square feet. The buildings offer ample dock-high and grade-level loading, 36- to 40-foot clear heights, ample auto/trailer parking and large modern truck courts. At full build-out, the industrial park is expected to expand to as much as 4 million square feet spread across six buildings. Jeff Chiate, Bryce Aberg, Jeffery Cole, Charlie Jacobs and Matthew Leupold of Cushman & Wakefield’s National Industrial Advisory Group — West represented the undisclosed seller in the deal. Scott Alan and Patrick Mullin of Cushman & Wakefield provided market advisory and lead marketing efforts for the project.
MIDDLETOWN, N.Y. — Marcus & Millichap has brokered the sale of Storage Solutions USA and Bay Wash Car Wash in Middletown, about 75 miles north of New York City. The site spans 4.2 acres, and the property consists of 30,475 net rentable square feet of storage space across 288 units and a self-service car wash with five self-service bays and one in-bay automatic wash. Andreas Makris, Kevin Bledsoe, Alan Cafiero and Matt Junkin of Marcus & Millichap represented the undisclosed seller in the transaction and procured the buyer, Manas Equities.
NORWELL, MASS. — Regional investment firm Marcus Partners has purchased an approximately 100,000-square-foot industrial property in Norwell, about 25 miles southeast of Boston. Built in 1983, the property at 77 Accord Park Drive consists of four light industrial buildings that were 78 percent leased to 13 tenants at the time of sale. Marcus Partners purchased the property in partnership with Boston-based Rhino Capital, with Middlesex Savings Bank financing the acquisition. The seller was the original developer.
FARMINGTON HILLS, MICH. — Friedman Real Estate has arranged the sale of a 28,640-square-foot industrial property in the Detroit suburb of Farmington Hills for $2.6 million. The facility is located at 24450 Indoplex Circle. Phil Konopitski of Friedman represented the undisclosed buyer.
DALLAS — Cushman & Wakefield has brokered the sale of the Greater Valwood Industrial Portfolio, a collection of seven buildings totaling 775,013 square feet in metro Dallas. The buildings are located in the Valwood/North Stemmons and Addison submarkets and were fully leased at the time of sale. Jim Carpenter, Jud Clements, Robby Rieke, Emily Brandt and Trevor Berry of Cushman & Wakefield represented the undisclosed seller in the transaction. John Alascio, T.J. Sullivan and Jason Blankfein, also with Cushman & Wakefield, arranged an undisclosed amount of acquisition financing through Lincoln Financial Group on behalf of the buyer, San Francisco-based investment firm Stockbridge Capital.
ROSENBERG, TEXAS — STATS International has signed a 72,761-square-foot industrial lease in Rosenberg, a southwestern suburb of Houston. The pipeline services firm will occupy all three buildings on the 10-acre site at 3782 Reese Road for both maintenance and manufacturing purposes. Anthony Squillante and Drew Coupe of Avison Young represented the tenant in the lease negotiations. Ryan Wasaff, Brad Berry and Cole Bercher represented the landlord, local owner-operator The Welcome Group, on an internal basis.
HOUSTON — A partnership between Dallas-based Apricus Realty Capital and Baltimore-based ABR Capital Partners has purchased an 11.3-acre industrial outdoor storage (IOS) facility in northwest Houston. The site includes 32,358 square feet of crane-served warehouse space that is leased to Knight Oil Tools. Jason Tangen and Paul Dominique of Colliers represented the undisclosed seller in the transaction. C.W. Sheehan, Jack Britton, Peyton Ackerman and Nate Henderson of JLL arranged acquisition financing for the deal.
RINCON, GA. — JLL has negotiated the sale of NFI Distribution Center Savannah, a 1 million-square-foot distribution facility located at 1200 Logistics Parkway in Rincon. The distribution center is fully leased to National Distribution Centers LLC, a major subsidiary of New Jersey-based supply chains solutions provider NFI Industries. Britton Burdette, John Huguenard, Dennis Mitchell, Jim Freeman and Maggie Dominguez of JLL represented the seller, a joint venture between Becknell Industrial and Goldman Sachs Alternatives, in the transaction. Stockbridge purchased the Class A facility for an undisclosed price. Situated within Old Augusta Commerce Center, the cross-dock property is situated 10.7 miles from the Port of Savannah’s Garden City Terminal and within five miles of I-95. The property was completed in 2022 and features 40-foot clear heights, 190-foot truck courts, 270 trailer parking spaces (expandable to 307) and 102 dock levelers.