EL PASO, TEXAS — Provident Industrial, a subsidiary of Dallas-based development and investment firm Provident, has completed a 497,280-square-foot industrial project in El Paso. The project represents the fourth and final phase of Gateway Logistics Park and consists of three rear-load buildings. Buildings 4 and 5 each span 147,420 square feet and have a shared 205-foot truck court. Building 6 totals 202,440 square feet and has a 130-foot truck court and 44 trailer parking stalls. Construction of Phase IV began in spring 2025. Now fully built out, Gateway Logistics Park comprises six buildings totaling roughly 1.4 million square feet.
Industrial
KELLER, TEXAS — Lee & Associates has brokered the sale of a 22,000-square-foot industrial building in Keller, a northern suburb of Fort Worth. The two-building complex is located at 5758-5750 Park Vista Circle and includes office space. Jeremy Mojica of Lee & Associates represented the undisclosed seller in the transaction. The buyer was Sail Holdings.
PLANO, TEXAS — Local brokerage firm STRIVE has arranged the sale of a small-bay industrial property in Plano. According to LoopNet Inc., the building at 4400 Tradition Trail was completed in 2022 and features 24-foot clear heights. Bryan Meyer of STRIVE represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed.
WOBURN, MASS. — Foundation Alloy has signed a 36,055-square-foot industrial lease in the northern Boston suburb of Woburn. The company is relocating its manufacturing operations from The Engine, a nonprofit incubator facility owned by the Massachusetts Institute of Technology, to the building at 45 Industrial Parkway. Kevin McNamara, Ross Gaudet and Michael O’Leary of Cushman & Wakefield represented Foundation Alloy in the lease negotiations. Chelsea Andre, Rachel Marks and Chris Decembrele of JLL represented the landlord, a partnership between Camber Development and Wheelock Street Capital.
BARTLETT, ILL. — Meridian Design Build has completed a 50,463-square-foot truck maintenance and tire storage facility for Pava Logistics within Blue Heron Business Park in Bartlett. The building marks the third build-to-suit project that Meridian has constructed within the park, which is owned by Abbott Land & Investment. The building features a clear height of 24 feet, two loading docks, 12 drive-in doors and accommodations for truck maintenance. Harris Architects provided architectural and structural design services, while Mackie Consultants handled the civil engineering design.
DALLAS — Harborcrest Industrial has signed a 74,421-square-foot lease in East Dallas. According to LoopNet Inc., the single-tenant building at 8721 Forney Road was constructed on 5.8 acres in 2001 and features 20-foot clear heights, 18 dock-high loading doors and two grade-level loading doors. Taylor Stell and Brett Lewis of Lee & Associates represented the landlord, Stonelake Capital Partners, in the lease negotiations. Thomas Mercer of Mercer Co. represented the tenant.
WOONSOCKET, R.I. — A partnership between Atlanta-based developer The Ardent Cos. and Ironwood Development Partners has completed a 913-unit self-storage facility in Woonsocket, located along the Massachusetts-Rhode Island border. The site is a former brownfield at 153 Hamlet Ave. that was remediated prior to the start of construction. Extra Space Storage operates the facility, which spans approximately 80,000 square feet, though it is unclear if that figure refers to gross or net rentable square footage. A formal opening ceremony took place in late summer.
EDISON, N.J. — JLL has arranged an undisclosed amount of permanent financing for a 124,720-square-foot industrial building in the Central New Jersey community of Edison. The building at 111 Fieldcrest Ave. was constructed on 6.4 acres in 2006 and was fully leased to Bentley Laboratories at the time of the loan closing. Building features include a clear height of 32 feet, nine dock-high doors, 111 car parking spaces and 7,500 square feet of office space. Michael Klein, Max Custer and Kevin Badger of JLL arranged the loan through an undisclosed life insurance company on behalf of the owner, Summit Associates.
ETNA, OHIO — CRG has broken ground on two Class A industrial buildings totaling 911,040 square feet at The Cubes at Etna, a 305-acre master-planned industrial park in Etna, about 20 miles southeast of downtown Columbus. Spanning 750,120 square feet, Building B is fully leased to Omega Morgan, a specialized transportation, heavy rigging and machinery moving services company that already occupies Building D and is expanding its presence at the park. the second new property, Building C, measures 160,920 square feet and is being developed on a speculative basis. Both buildings are slated for completion in 2027, with Building C expected to deliver in the summer. Located near I-70, Buildings B and C are supported by a 15-year, 100 percent tax abatement. Building B will feature a clear height of 40 feet, 141 dock doors, four drive-in doors, 185-foot truck courts, 50-by-54-foot column spacing, 4,00-amp power service, 397 vehicle parking spaces and 219 trailer parking stalls. Building C will feature a clear height of 32 feet, 30 dock doors, two drive-in doors, a 185-foot truck court, 50-by-54-foot column spacing, 60-foot speed bay, 174 vehicle parking spaces and 63 trailer parking stalls. Both buildings are being developed in partnership with an …
HOUSTON — Austin-based developer Freehill Co. has broken ground on an 809,220-square-foot industrial project in northwest Houston. The project, which represents Phase I of a larger development known as Fairbanks Landing, is a build-to-suit for Power Electronics, a manufacturer of solar inverters, electric vehicle chargers and other energy-oriented devices. Phase I will consist of two buildings that are expected to be complete in the third quarter of next year. Phase II of Fairbanks Landing will comprise two additional buildings totaling 834,720 square feet that will be developed on speculative bases and are slated for a fourth-quarter 2027 delivery. JLL is marketing Phase II for lease.
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