Industrial

Cooking Oil Importer Signs 100,002 SF Industrial Lease in Chesapeake, Virginia

by John Nelson August 25, 2026

CHESAPEAKE, VA. — Ciuti International LLC, a specialty cooking oil importer and packager, has signed a 100,002-square-foot industrial lease at Diamond Hill III, a facility located at 1960 Diamond Hill Road in Chesapeake. Situated about six miles south of the Port of Virginia, the property will house the first Virginia operation for Ciuti. Brett Sain of Cushman & Wakefield | Thalhimer represented the tenant in the lease negotiations. Christine Kaempfe, Ellis Colthorpe and Geoff Poston, also with Thalhimer, represented the undisclosed landlord.

August 25, 2026

California Development Industrial Western

Elevation Land Co., Crow Holdings Capital Complete Phase I of Otay Business Park in California

by Amy Works August 25, 2026

SAN DIEGO — Elevation Land Co. and a real estate fund advised by Crow Holdings Capital have completed Phase I of Otay Business Park, a two-phase, 119-acre industrial and logistics campus in the Otay Mesa submarket of San Diego. The 612,240-square-foot initial phase includes: At full build-out, Otay Business Park will feature 1.8 million square feet of industrial space, spanning the Siempre Viva Road connection to State Route 11, which is the last exit on highway before entering the Otay East U.S./Mexico Port of Entry commercial border crossing. The first phase of this port-of-entry is slated to open in late 2027. Dempsey Construction is serving as general contractor for the project, which was designed by Ware Malcomb. Brant Aberg and Ryan Downing of Cushman & Wakefield are marketing the property for lease.

August 25, 2026

Acquisitions California Industrial Western

SENTRE Acquires Industrial Property in Carlsbad, California for $26.6M

by Amy Works August 25, 2026

CARLSBAD, CALIF. — SENTRE has purchased 2840 Loker Avenue East, an industrial facility in the Southern California city of Carlsbad, from Bixby Capital Management and LaSalle Investment Management for $26.6 million. Hunter Rowe, Michael Longo, Barbara Perriet and Matt Carlson of CBRE represented the seller in the deal. Additionally, CBRE’s Scott Peterson and Michael Kolcum arranged acquisition financing for the buyer, while CBRE’s Roger Carlson, Dennis Visser and Blake Wilson provided leasing advisory services for the property. Situated on 6.2 acres within Carlsbad Technology Center, the 104,298-square-foot property was fully leased at the time of sale to Glanbia Nutritionals, a global nutrition and performance products company. Completed in 1998, the building has served as a key operational and logistics hub for Glanbia Nutritionals for nearly 25 years and features 13 dock-high loading doors, two grade-level doors and 4,000 amps of power.

August 25, 2026

Acquisitions Industrial Oklahoma Texas

Sword Industrial Partners Acquires 1MSF Portfolio in Tulsa

by Taylor Williams August 25, 2026

TULSA, OKLA. — Sword Industrial Partners, an affiliate of Dallas-based investment firm MAG Capital Partners, has acquired a portfolio of 24 industrial buildings totaling approximately 1 million square feet in Tulsa. The portfolio, which collectively totals 103 suites across six industrial business parks, includes Space Center, Space Center East, Tulsa Business Park, Tandem Business Park, Maxim Center and Maxim Place. All of the properties are located less than 10 miles from the downtown area and Tulsa International Airport. The seller was DRA Advisors. The sales price was not disclosed.

August 25, 2026

Development Illinois Industrial Midwest

Podmajersky to Build 12,000 SF Spec Industrial Facility in Chicago

by Kristin Harlow August 25, 2026

CHICAGO — Developer Podmajersky Inc., led by John Podmajersky III, is developing a small-bay industrial facility totaling 12,000 square feet in Chicago’s East Pilsen area. Avison Young has been retained to market the speculative development at 2100 S. Canalport Ave. for lease. The asset will feature a clear height of 24 feet, dock and drive-in loading, flexible power capacity and Enterprise Zone incentives. Completion is slated for 2027. The developer says the project is expected to appeal to light manufacturing users, food producers, contractors, logistics operators, technology startups and last-mile distribution users that increasingly favor infill locations over suburban alternatives.

August 25, 2026

Acquisitions Data Centers Development Industrial Texas Top Stories

Soluna Acquires 397 Acres in West Texas for Wind-Powered AI Data Center Campus

by John Nelson August 25, 2026

BRISCOE COUNTY, TEXAS — Soluna Holdings Inc. (NASDAQ: SLNH), a developer of renewable data centers for heavy computing industries such as artificial intelligence (AI) and Bitcoin mining, has closed on the purchase of 397 acres in West Texas’ Briscoe County. The site is located adjacent to Briscoe Wind Farm, a 150-megawatt (MW) wind farm that Soluna purchased in April for $53 million. The land is also situated adjacent to Dorothy 1 and Dorothy 2, Soluna’s modular, co-located data center campus that has capacity totaling 50 MW and 48 MW, respectively. The new land will host Dorothy 3, an AI data center computing campus with a potential capacity of 300 MW. All phases of the Project Dorothy campus, which is named after NASA mathematician Dorothy Vaughan, will be powered by the Briscoe Wind Farm substation. “Customers evaluating AI sites want to know how quickly we can get them to power,” says John Belizaire, CEO of Soluna. “Owning this land takes one more variable out of that answer. Dorothy 3 is a site we control end to end, and that is what turns a development project into something a customer can plan around.” The land acquisition exceeds the 300 acres Soluna originally …

August 25, 2026

Development Industrial Texas

TCC, Daiwa House Break Ground on 687,338 SF Industrial Project in Southwest Houston

by Taylor Williams August 24, 2026

HOUSTON — A joint venture between Trammell Crow Co. (TCC) and Japanese developer Daiwa House has broken ground on a 687,338-square-foot industrial project in southwest Houston. The project represents Phase II of Blue Ridge Commerce Center and will consist of three buildings on a 40.9-acre site. Buildings will span 182,908, 200,622 and 303,808 square feet and feature a mix of configurations in addition to 32- to 36-foot clear heights. Seeberger Architecture designed the project, and E.E. Reed Construction is serving as the general contractor. BGE is the project’s civil engineer, and CBRE is the leasing agent. Sumitomo Mitsui Banking Corp. is financing construction, which is expected to be complete next spring.

August 24, 2026

Development Industrial Louisiana Southeast

Amazon to Invest $6B to Build New Data Center Campus in Shreveport, Louisiana

by Abby Cox August 24, 2026

SHREVEPORT, LA. — Amazon has unveiled plans to invest an estimated $6 billion in northwest Louisiana for the development of a new data center. The data center, which will be located at Resilient Technology Park in Shreveport, is expected to create 210 direct jobs and 499 indirect jobs. This expansion marks the third data center planned in the state, bringing Amazon’s data center investment in Louisiana to $18 billion. The announcement comes less than six months after its initial $12 billion investment in February. Amazon will continue to partner with STACK Infrastructure, the developer and owner of the three planned campuses, to lead the construction and development of the data center facilities. The data centers in Louisiana are expected to rely on air cooling for most of the year, using water for cooling only when temperatures exceed approximately 85 degrees Fahrenheit —which is anticipated to occur less than 13 percent of the year in the region. Amazon also plans to invest up to $400 million in public water infrastructure to support all three campuses and has coordinated with local utilities to ensure sufficient capacity for both its facilities and existing customers. The company says it will fund all water and wastewater …

August 24, 2026

Development Industrial Oregon Western

Genentech to Invest $750M in Manufacturing Facility in Hillsboro, Oregon

by Amy Works August 24, 2026

HILLSBORO, ORE. — Genentech, a member of Swiss pharmaceutical company Roche Group, plans to invest $750 million in a new manufacturing facility at its 75-acre campus in Hillsboro. The development will bring new end-to-end device filling capabilities to the site and expand Genentech’s capacity to support its future pipeline of innovative medicines. The new facility will support the manufacturing of advanced drug delivery devices, such as pre-filled syringes and auto injectors. Designed for flexibility, the facility will be capable of both high- and low-volume device filling across a broad range of Genentech’s portfolio, enabling the site to respond to changing manufacturing needs as the company’s portfolio evolves. Established in 2006, the Hillsboro campus is a hub for Genentech’s U.S. manufacturing network, supporting production across a broad range of therapeutic areas, including oncology, immunology and neurology. Roche and Genentech’s current U.S. footprint includes 13 manufacturing sites, 15 research and development sites and approximately 25,000 employees across 24 locations in eight states.

August 24, 2026

Acquisitions California Industrial Western

SRS Real Estate Partners Negotiates $41M Sale of Industrial Park in San Dimas, California

by Amy Works August 24, 2026

SAN DIMAS, CALIF. — SRS Real Estate Partners has negotiated the $41 million sale of San Dimas Commerce Center, a 19-building light industrial park at 410-490 W. Arrow Highway in San Dimas, located in the San Gabriel Valley area of Los Angeles County. An undisclosed institutional investor acquired the asset from an entity doing business as San Dimas BP LLC. Dave Faris and Richard Schwartz of SRS Real Estate Partners represented the seller in the deal. Situated on 10.5 acres, the 179,345-square-foot San Dimas Commerce Center was 90 percent occupied by more than 70 local and regional businesses at the time of sale. Most of the individually parceled buildings span less than 10,000 square feet.

August 24, 2026

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