ARLINGTON, TEXAS — Lee & Associates and Younger Partners have co-brokered the sale of a 12,006-square-foot industrial building in Arlington. The building at 1300 E. Corporate Drive was originally constructed in 1976. Alex Wilson and Mark Graybill of Lee & Associates and Justin Moreau of Younger Partners co-brokered the deal. The buyer and seller were not disclosed.
SIMPSONVILLE, KY. — Kansas City-based Hunt Midwest has delivered the first building at Simpsonville 64 Logistics Park, an industrial park in metro Louisville that can accommodate up to 3.3 million square feet of logistics space. The first building is Logistics II, a 505,134-square-foot cross-dock facility that Hunt Midwest says is the only 500,000-square-foot or larger facility available in the Louisville market. Logistics II features 36-foot clear heights, 58 dock doors (expandable to 102), four drive-in doors, 200-foot truck courts, 320 car parking spaces, 135 trailer parking spaces and build-to-suit office space. Hunt Midwest will deliver the second building in the park, the 270,098-square-foot Logistics I rear-load building, by August. Simpsonville 64 Logistics Park sits in Shelby County, roughly 25 miles east of Louisville via I-64. Doug Butcher and Alex Grove of CBRE are handling the leasing assignment for Logistics I and II. The design-build team includes H2B Architects, Mindel Scott (civil engineer) and Evans General Contractors.
TAMPA, FLA. — Atlanta-based Stonemont has executed a full-building lease at TIA Executive Center, a 100,698-square-foot industrial facility located at 6111 Johns Road in Tampa. The name of the tenant was not disclosed, but Tampa Bay Business Journal reports that Google’s self-driving car platform Waymo is leasing the entire building to be used as warehouse space. John Dunphy and Pete Cecora of JLL represented Stonemont in the lease negotiations. David Kaplan, Kyle Massie and Winston Fox led the Stonemont team internally on the transaction. Stonemont delivered TIA Executive Center in October 2025 in partnership with PCCP. The property, which is situated two miles from Tampa International Airport, features 32-foot clear heights and has one speculative office suite.
BUCKEYE, ARIZ. — Scannell Properties has acquired 129 acres at the northwest corner of Southern Avenue and Rooks Road in Buckeye from Scottsdale-based Arizona Land Consulting for the development of Summit Logistics Center. The sales price was $32.5 million. Mike Haenel, Andy Markham, Phil Haenel, Foster Bundy, Justin Smith and Jordan Sims of Cushman & Wakefield represented the buyer and seller in the transaction. Brian Lee of Cushman & Wakefield also represented the seller. Scannell Properties plans to break ground on Phase I of the project in the third quarter. The first phase will comprise a 1.1 million-square-foot industrial facility designed for large-scale logistics and distribution users. The building will feature 40-foot clear heights, 3,500 square feet of office space, 240 dock-high doors and four ground-level doors.
ELGIN, ILL. — Lee & Associates of Illinois has brokered the sale of a 442,601-square-foot industrial building located northwest of Chicago in Elgin. Rigid plastics manufacturer PJP Holdings purchased the facility for $24.8 million with plans to modernize it, inclusive of the surrounding infrastructure. Frank Griffin and Mike Adams of Lee & Associates represented the buyer, while law firm Liston & Tsantilis assisted on the transaction. Jack Brennan and Steve Bass of NAI Hiffman represented the seller, JP Elgin Project Co. LLC. The transaction marks the second-largest industrial building sale in metro Chicago in 2026 for square footage, according to Lee & Associates. The sale involved the utilization of Illinois’ 6B tax abatement program, which drives industrial investment, redevelopment and job creation in the region. PJP occupies four facilities in metro Chicago.
INDIANAPOLIS — Colliers has arranged the sale of County Line Commerce Park Building II, a 324,880-square-foot industrial facility in southern Indianapolis. Built by Peterson Construction in 2025 as a build-to-suit project, Building II sits on 26.8 acres and features a clear height of 36 feet, 25 dock-high doors and 330 parking spaces. The building is the first to be completed within County Line Commerce Park, a 117-acre master-planned industrial complex that is planned to eventually feature four industrial buildings, two retail outlets and a hotel. Alex, Cantu, Alex Davenport, Jeff Devine, Steve Disse and Tyler Ziebel of Colliers represented the seller, a joint venture between Citimark and developer Gershman Partners, in the transaction. The buyer, Alfa Laval, a Swedish heating equipment manufacturer, occupies the facility for its North American manufacturing, testing and research and development headquarters.
During his keynote address at InterFace I-85 Industrial Corridor, a two-day conference held May 19-20 at the Hilton Uptown Charlotte, Gregg Healy, executive vice president and head of industrial services at Savills, shared a quote from Charles Darwin to end his presentation. “It is not the strongest of the species that survives, nor the most intelligent, but the one most adaptable to change.” Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. Industrial owners and developers have had to be adaptable given the haymakers issued by macroeconomic forces the past several years. During the COVID-19 pandemic, they rode the reinvigorated demand wave for e-commerce fulfillment with large-scale developments in key transportation corridors. In the following years, they scaled down their pipelines to focus on smaller, more targeted requirements as construction and capital costs rose significantly. And since Liberation Day, when the Trump administration declared a sweeping package of tariffs for foreign trade partners and specific commodities in April 2025, industrial developers have been building and leasing facilities for domestic and global manufacturers that were nearshoring their investments. Today, owners and …
FORT WORTH, TEXAS — JLL has arranged an undisclosed amount of construction financing for Signature 35, a 111,923-square-foot industrial project that will be located in the Alliance submarket of North Fort Worth. The facility will feature 32-foot clear heights, 36 dock doors, 122-foot truck court depths, two oversized ramped doors and 5.2 acres of outdoor storage space. Completion is slated for the first quarter of 2027. Jarrod McCabe, Brennan Fewin and Ben Pollack of JLL arranged the financing through Simmons Bank on behalf of the developer, a partnership between Indco Partners and Holley Development Co. JLL also arranged an equity investment from an undisclosed family office as part of the project’s capitalization.
RICHARDSON, TEXAS — ANDREW, a hardware manufacturer for the telecommunications industry, has signed a 42,000-square-foot lease in the northeastern Dallas suburb of Richardson. The company is relocating from the nearby building at 2601 Telecom Parkway to the flex building at 2920 Telecom Parkway. In addition to office, the company’s new space supports lab, manufacturing and engineering uses. As part of the relocation, ANDREW plans to invest more than $2 million to support tenant improvements and the addition of new furniture, fixtures and equipment at its new Richardson facility.
SUFFOLK AND CHESAPEAKE, VA. — JLL has negotiated the sale of a four-building industrial portfolio situated near the Port of Virginia in the Hampton Roads region of the Commonwealth. NorthPoint Development purchased the 655,852-square-foot portfolio from an affiliate of Equus Capital Partners Ltd. Bill Prutting, Chris Dale, Craig Childs, Ginna Wallace and Andrew Baquero of JLL represented the seller in the transaction. The sales price was not disclosed. The portfolio comprises distribution facilities located at 6900, 6920 and 6950 Harbour View Blvd. in Suffolk and 2601 Indian River Road in Chesapeake. The properties were built between 2005 and 2012 and were 82 percent occupied at the time of sale to 10 tenants.
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