Industrial

Hanover Industrial, Pearlmark Break Ground on 254,000 SF Project in North Houston

by Taylor Williams November 17, 2025

HOUSTON — A partnership between Hanover Industrial, a division of Houston-based owner-operator Hanover, and Chicago-based Pearlmark has broken ground on Ella 45, a 254,000-square-foot project in North Houston. Located just west of I-45, the 19-acre development will feature 36-foot clear heights and a front-load configuration. Powers Brown is the project architect, and Kimley-Horn is the civil engineer. CBRE is the leasing agent. Construction is expected to be complete in the second quarter of 2026.

November 17, 2025

Industrial Leasing Activity New Jersey Northeast

Cangso Global Signs 50,000 SF Industrial Lease in Edison, New Jersey

by Taylor Williams November 17, 2025

EDISON, N.J. — Cangso Global Inc. has signed a 50,000-square-foot industrial lease in the Central New Jersey community of Edison. The provider of fulfillment services for e-commerce companies is taking space at the building at 240 Mill Road. Jianning Meng of Lee & Associates represented the tenant in the lease negotiations. Heller Industrial Parks Inc. owns the building.

November 17, 2025

Acquisitions Arizona Industrial Western

SBA Management Purchases 47,531 SF Industrial Building in Tucson for $3.8M

by Amy Works November 17, 2025

TUCSON, ARIZ. — SBA Management LLC has acquired an industrial property located at 1401 and 1501 S. Pantano Road in Tucson from East Coast Tucson Development LLC for $3.8 million. Airtronics will occupy the 47,531-square-foot facility. Robert Glaser and Stephen Cohen of Cushman & Wakefield | PICOR represented the seller in the deal.

November 17, 2025

Illinois Industrial Leasing Activity Lee & Associates Midwest

Lee & Associates Negotiates 27,149 SF Industrial Lease Renewal in Morton Grove, Illinois

by Kristin Harlow November 17, 2025

MORTON GROVE, ILL. — Lee & Associates of Illinois has negotiated an industrial lease renewal for a 27,149-square-foot building located at 8250 N. Austin Ave. in Morton Grove. Brad Simousek of Lee & Associates represented the tenant, Jerry’s Fruit & Garden Center Inc. The landlord, Clear Height Properties, was self-represented.

November 17, 2025

Acquisitions Industrial Texas

JLL Brokers Sale of 756,668 SF Distribution Center in Mesquite, Texas

by Taylor Williams November 14, 2025

MESQUITE, TEXAS — JLL has brokered the sale of a 756,668-square-foot distribution center in Mesquite, an eastern suburb of Dallas. The site at 2800 Skyline Drive spans 40.4 acres. The building was completed earlier this year and features 40-foot clear heights, 96 loading doors with 29 dock levelers, 185-foot truck court depths and 124 trailer parking stalls. Jody Thornton, Trent Agnew, Tom Weber, Pauli Kerr, Ben Pollack and Michael Jankovich of JLL represented the seller, a joint venture that includes Capstar Real Estate Advisors, in the transaction. The buyer was W. P. Carey. The facility was fully leased at the time of sale to Canadian Solar.

November 14, 2025

Industrial Leasing Activity Lee & Associates Texas

Colliers Negotiates 45,700 SF Industrial Lease in East Houston

by Taylor Williams November 14, 2025

HOUSTON — Colliers has negotiated a 45,700-square-foot industrial lease in East Houston. The tenant is Peace Global Logistics, and the space is located within the single-tenant building at 15135 Jacintoport Blvd., which according to LoopNet Inc. was built in 1980 and renovated in 2000. Judy Garza Beebe and Christopher Klein of Colliers represented the undisclosed landlord in the lease negotiations. Andrew McGuire and Mason Alsbrooks of Lee & Associates represented the tenant.

November 14, 2025

Industrial Leasing Activity Texas

Pilkington North America Signs 33,850 SF Industrial Lease in Northeast San Antonio

by Taylor Williams November 14, 2025

SAN ANTONIO — Pilkington North America has signed a 33,850-square-foot industrial lease in northeast San Antonio. The tenant, which is a subsidiary of Nippon Sheet Glass, is taking space within the second building at Gateway 10 Business Park, a 354,710-square-foot development. Payton Rion and Michael Kent of Stream Realty Partners represented the landlord, a partnership between Stream and McCombs Enterprises, in the lease negotiations. JLL represented Pilkington North America.

November 14, 2025

Development Industrial Kentucky Southeast

Brennan Investment Underway on 100,800 SF Build-to-Suit Industrial Facility in Hopkinsville, Kentucky

by Abby Cox November 14, 2025

HOPKINSVILLE, KY. — Brennan Investment Group is underway on the development of a 100,800-square-foot build-to-suit industrial facility in Hopkinsville. Upon completion, the facility will act as a food processing plant for Kitchen Food Co., an Australian-based company that manufactures and distributes ready-to-go products like sandwiches, wraps and meals. Byline Bank provided an undisclosed amount of construction financing for the project. Brennan, Kitchen Food Co. and federal/private student loan servicer Nelnet Inc. formed a partnership to own the facility, as well as provide equity for the project. Food Plant Engineering is leading construction for the project. The facility is expected to be fully operational in 2026.

November 14, 2025

Industrial Southeast Virginia

Cushman & Wakefield | Thalhimer Negotiates $13.5M Sale of Industrial Facility in Virginia Beach

by Abby Cox November 14, 2025

VIRGINIA BEACH, VA. — Cushman & Wakefield | Thalhimer has negotiated the sale of 524 Viking Drive, a 150,640-square-foot industrial facility located in Virginia Beach. Selko Real Estate Ventures LLC purchased the property from Hermes Abrasives for $13.5 million. Geoff Poston and Brett Sain of Thalhimer represented the buyer in the transaction.

November 14, 2025

Acquisitions California Industrial Western

Bridge Logistics Buys 1.1 MSF Inland Empire Distribution Facility

by Amy Works November 14, 2025

FONTANA, CALIF. — Bridge Logistics Properties (BLP), a subsidiary of Bridge Investment Group Holdings, has purchased a 1.1 million-square-foot Class A industrial distribution facility in Fontana. Terms of the transaction were not released. Located at 10681 Production Ave., the cross-dock facility features 220 dock-high doors, ESFR sprinklers, 185-foot truck courts, 274 trailer stalls and immediate access to Interstate 10. BLP anticipates the property will be vacant in first-quarter 2026, providing the company with an opportunity to capitalize on improving market fundamentals for buildings over 1 million square feet. The company plans to implement facility enhancements, including sprinkler head upgrades, dock packages, office improvements and other make-ready upgrades.

November 14, 2025

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