Industrial

Carrier Global to Invest $600M in HVAC Manufacturing Facility in Fort Worth, Create 1,500 Jobs

by Taylor Williams October 29, 2026

FORT WORTH, TEXAS — Carrier Global Corp. (NYSE: CARR) will invest approximately $600 million in a new HVAC manufacturing and engineering facility in Fort Worth, an initiative that is expected to add about 1,500 new jobs to the local economy over the next three years. The site is located within Hillwood’s AllianceTexas master-planned community on the city’s north side. The facility will span approximately 1 million square feet and produce advanced thermal management systems, including air- and water-cooled commercial chillers. Carrier expects to begin operations at the facility sometime next year.

October 29, 2026

Development Industrial Texas

Partners Development Breaks Ground on 80,000 SF Industrial Project in Seguin, Texas

by Taylor Williams October 29, 2026

SEGUIN, TEXAS — Partners Development, an affiliate of Partners Real Estate, has broken ground on an 80,000-square-foot industrial project in Seguin, located northeast of San Antonio. The project, which will feature two 40,000-square-foot buildings, represents Phase I of Seguin Commerce Park, a development that is ultimately planned to comprise eight buildings totaling 234,600 square feet. Palladius Capital Management provided construction financing for Phase I of the project, which is slated for a late spring/early summer 2027 delivery. Partners is also marketing the buildings for lease and/or sale.

October 29, 2026

Acquisitions Industrial Massachusetts Northeast Self-Storage

Marcus & Millichap Brokers Sale of 231-Unit Self-Storage Facility in Rockland, Massachusetts

by Taylor Williams October 29, 2026

ROCKLAND, MASS. — Marcus & Millichap has brokered the sale of Pleasant Storage, a 231-unit self-storage facility in Rockland, about 20 miles south of Boston. Built on 4.9 acres in 2003, the seven-building facility features 222 non-climate-controlled units and nine additional units across 45,160 net rentable square feet of space. Nathan Coe, Gabriel Coe, Brett Hatcher and Thomas Shihadeh of Marcus & Millichap represented the seller, a local father-son ownership group, in the transaction. The team also procured the buyer, a partnership between Patriot Holdings and All Purpose Self Storage.

October 29, 2026

Acquisitions California Industrial Lee & Associates Western

Lee & Associates Negotiates Sale of 34,168 SF Industrial Building in Oceanside, California

by Amy Works October 29, 2026

OCEANSIDE, CALIF. — William Roth Group of Lee & Associates has arranged the sale of 2620 Temple Heights Drive in Oceanside. Temple Heights Property Co. LLC sold the asset to 2620 Temple Heights LLC for $6.1 million. The owner-user buyer plans to expand its operations into the 34,168-square-foot industrial building that features 30 percent of office space and four grade-level loading doors. The property is situated on 2.1 acres. Rusty Williams, Chris Roth and Jake Rubendall of Williams Roth Group represented the seller, while Jim Benson of Kidder Mathews represented the buyer in the transaction.

October 29, 2026

Development Illinois Industrial Midwest

Venture One, BGO to Break Ground on 719,200 SF Spec Industrial Facility in Geneva, Illinois

by Kristin Harlow October 29, 2026

GENEVA, ILL. — Venture One Real Estate, in partnership with BGO, will break ground on Venture Park Geneva, a 719,200-square-foot speculative industrial development in Geneva. The project site, spanning 54 acres, is located within the Fox Valley industrial submarket and offers convenient access to I-88 via the full interchange at Farnsworth Avenue. The facility will offer flexibility to accommodate users requiring 400,000 square feet or more. The project will feature a clear height of 40 feet, 120 dock positions and 555 car parking stalls. Brian Kling and Reed Adler of Colliers will market the property for lease.

October 29, 2026

Acquisitions Industrial Midwest Minnesota

Standard, Endeavor Sell 174,288 SF Cobalt Business Center in Metro Minneapolis

by Kristin Harlow October 29, 2026

MENDOTA HEIGHTS, MINN. — Standard Real Estate Investments LP and Endeavor Development have sold Cobalt Business Center, a 174,288-square-foot industrial facility in Mendota Heights. A private investor acquired the asset. Located on a 10.1-acre infill site, Cobalt Business Center offers access to MSP International Airport and major corridors including I-494, I-35E and Highways 55 and 62. The property features a clear height of 32 feet, 15 dock positions, motion-sensing LED light fixtures, ESFR fire protection sprinkler system and 4,000 amps of power. The property, formerly a vacant office asset, was transformed into a modern industrial building in 15 months. The property was fully pre-leased prior to construction completion.

October 29, 2026

Acquisitions Industrial Southeast Virginia

JLL Arranges $172.1M Sale of Logistics Facility in Fredericksburg, Virginia

by Abby Cox October 29, 2026

FREDERICKSBURG, VA. — JLL Capital Markets has arranged the $172.1 million sale of Capitol 95, a newly delivered, 935,523-square-foot logistics facility located in Fredericksburg, a city in Spotsylvania County that sits about 57 miles south of Washington, D.C. Bill Prutting, Craig Childs, Ginna Wallace, John Dettleff and Dan Coats of JLL represented the seller and developer, Flint Development, in the transaction. An investment fund managed by Morgan Stanley Real Estate Investing acquired the asset. Capitol 95 is a cross-dock warehouse and distribution facility that is fully leased to J.E. Richards, a critical power systems company that serves the data center industry. The property features 40-foot clear heights, four drive-in doors, extensive trailer storage capacity, ESFR fire protection, office space and ample vehicle and trailer parking. Situated on roughly 120 acres, Capitol 95 also offers immediate access to I-95.

October 29, 2026

Northwest-Commerce-Park-Building-2-Fort-Worth

Acquisitions Industrial Texas

Alliance Industrial, BGO Acquire 266,152 SF Building in Fort Worth

by Taylor Williams October 28, 2026

FORT WORTH, TEXAS — A joint venture between Alliance Industrial Co. and institutional investment firm BGO has acquired Northwest Commerce Park Building 2, a 266,152-square-foot building in Fort Worth. The single-story building, which fronts State Highway 114, was constructed in 2020 and features a front-load configuration, 36-foot clear heights, 51 dock-high doors, two drive-in doors and parking for 135 cars and 46 trailers. The joint venture acquired the property in an off-market transaction. The seller and sales price were not disclosed.

October 28, 2026

Acquisitions Industrial Massachusetts Northeast

Marcus & Millichap Brokers $5M Sale of Industrial Complex in Medford, Massachusetts

by Taylor Williams October 28, 2026

MEDFORD, MASS. — Marcus & Millichap has brokered the $5 million sale of a 19,278-square-foot industrial complex in Medford, a northern suburb of Boston. The property at 93 Mystic Ave. was built in the 1950s and comprises a 14,278-square-foot main building and a 5,000-square-foot auxiliary building. Mattias Edenkrans and Luigi Lessa of Marcus & Millichap represented the seller, a limited liability company, in the transaction, and procured the buyer, a private family. Both parties requested anonymity.

October 28, 2026

Acquisitions Development Industrial Washington Western

Scannell Properties Buys 7.5 Acres in Auburn, Washington for Industrial Development

by Amy Works October 28, 2026

AUBURN, WASH. — Scannell Properties has acquired a 7.5-acre site in Auburn for the development of a speculative industrial building. Terms of the transaction were not released. The planned 185,000-square-foot building will feature a clear height of 36 feet, 31 trailer stalls and 23 dock doors with drive-in capacity. Site work on the land is underway, with vertical construction slated to begin in spring 2027. The speculative building is Scannell Properties’ second project in the greater Seattle area, bringing the company to an investment volume exceeding $300 million and nearly 2 million square feet of development in the Pacific Northwest, including Oregon and Idaho.

October 28, 2026

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