GRAND PRAIRIE, TEXAS — Avison Young has negotiated a 10-year, 61,861-square-foot industrial lease in Grand Prairie, located roughly midway between Dallas and Fort Worth. The tenant is Flow Control Group, and the space is located within Building 2 of the industrial property at 3550 N. Highway 161. Mike Kennedy and Chet Hall of Avison Young represented the tenant in the lease negotiations. Kacy Jones, Steve Koldyke and Brian Gilchrist of CBRE represented the landlord, Molto Properties.
IRVING, TEXAS — Pye-Barker Fire & Safety LLC has signed a 13,776-square-foot industrial lease in Irving. The provider of alarm and monitoring systems is taking space within Skyway Corporate Center, a flex building located at 3109 Skyway Circle N. Brian Pafford of Bradford Commercial Real Estate Services represented the landlord in the lease negotiations. John Paul Floyd of CBRE represented the tenant.
GAHANNA, OHIO — Colliers has brokered the sale of Eastgate Logistics Center, a 292,594-square-foot industrial property in Gahanna within the East submarket of Columbus. Alex Cantu, Alex Davenport, Jeff Devine, Steve Disse, Tyler Ziebel, Joel Yakovac, Shane Woloshan and Michael Linder of Colliers represented the seller, a venture between Scannell Properties and Manulife Investment Management, a company of Manulife Wealth & Asset Management. Eastgate Logistics Center is fully leased to Wesco and Nuvik USA. The property features a clear height of 32 feet, 30 dock doors and direct access to I-70 and I-71. Dogwood Industrial Properties, a TPG Real Estate platform, was the buyer.
IRVINE, CALIF. — Northwestern Mutual has sold Barranca Business Park, a 281,999-square-foot industrial property in Irvine. Borstein Enterprises acquired the asset for an undisclosed price. Situated on 16.2 acres at 15281-15399 Barranca Parkway, mid-bay industrial park features 13 buildings with units ranging in size from 8,523 to 30,495 square feet. At the time of sale, the asset was 87 percent occupied. Jeff Chiate, Rick Ellison, Matt Leupold and Aubrie Monahan of Cushman & Wakefield represented the seller and buyer in the transaction.
CHINO, CALIF. — An undisclosed auto parts distribution company has signed a lease to occupy Building 3 within Chino South Industrial Center. Originally constructed in 2014 at 16380 Euclid Ave., the 522,267-square-foot property features 32-foot clear heights, dock-high loading and a large truck court. The facility is located Gus Andros of DAUM Commercial and Nathan Lara, Andrew Lara, Rudy Lara and Jack Nersesian of Lara CRE represented the tenant in the lease negotiations. Steve Bellitti, Tom Taylor, Joey Jones and Evelyn Manning of Colliers represented the landlord.
TUCSON, ARIZ. — An entity doing business as Brandon Investments LLC has acquired a 51,786-square-foot industrial building at 6701 S. Midvale Park Road in Tucson, from an entity doing business as 6701 S. Midvale Park LCC for $5.5 million. Stephen Cohen of Cushman & Wakefield | PICOR represented the buyer in the transaction, while Jesse Blum of CBRE represented the seller.
When it comes to the Florida commercial real estate market, the conversation typically gravitates toward the larger metro areas. However, for those of us on the ground, it’s clear that Southwest Florida is becoming a key player in the state, particularly for industrial users. By nearly every measurable standard — population growth, job creation and infrastructure investment — Southwest Florida continues to outperform much of the United States. Industrial users and investors have taken notice, and so far in 2026, leasing activity has already outpaced all quarters in 2025. According to the latest Colliers market report, the market has absorbed 115,777 square feet of flex and industrial space in the first quarter alone, compared to fourth-quarter 2025 which saw (-189,303 square feet) of negative absorption. This is due to pent-up demand from users taking a cautious “wait-and-see” approach last year. And while the factors preventing them from making decisions in 2025 still exist, the sheer necessity of a physical presence in the area has finally outweighed the perceived risks. ‘Supply reset’ On paper, the data might give pause. Overall vacancy in Southwest Florida rose to 9.7 percent in first-quarter 2026, a sharp departure from the 7.2 percent we saw just …
DALLAS — Foundry Commercial, an Orlando-based development and brokerage firm, will undertake an office-to-industrial conversion project in Dallas. The address of the office building was not announced, but the new industrial facility will total approximately 126,000 square feet and will be known as Villa Creek. The building will feature 32-foot clear heights, 28 dock-high doors and two drive-in doors. Construction is scheduled to begin this summer and to last about a year. Villa Creek will be Foundry’s 12th office-to-industrial conversion nationally and seventh in the Dallas-Fort Worth metroplex.
TULSA, OKLA. — Spacecraft company Quantum Space has begun redeveloping the Spartan Building, a historic aerospace property in Tulsa, for conversion into a spacecraft manufacturing facility. The facility will span between 25,000 and 40,000 square feet and will be equipped for assembly and fabrication, non-destructive testing and pressure testing of large propulsion tank manufacturing and precision spacecraft parts production. Quantum Space will occupy a move-in-ready temporary facility beginning in 2026 until renovations are complete, which is tentatively slated for the first quarter of 2027.
LONG ISLAND, N.Y. — Marcus & Millichap has brokered the $54.2 million sale of a portfolio of five industrial properties totaling 275,938 square feet on Long Island. Located in Farmingdale, Hicksville and Oceanside, the properties range in size from 28,000 to 100,000 square feet. All were constructed between 1975 and 1985 and include office space. Michael Tuccillo and Anthony Cerrone of Marcus & Millichap represented the seller, Howard Katz Realty & Construction, in the transaction and procured the buyer, Spiegel Associates.
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