DALLAS — American Foam Rubber has renewed its 17,067-square-foot industrial lease in Dallas. The space is located within a development known as Dallas Commerce Center. Brett Lewis of Lee & Associates represented the tenant in the lease negotiations. Canon Shoults, Maddy Coffman and Luke Floyd of Holt Lunsford Commercial represented the landlord, AEW Capital Management.
Industrial
MESA, ARIZ. — CRG has completed the sale of Building C at The Cubes at Mesa Gateway, a 1.2 million-square-foot master-planned industrial park in Mesa. Will Strong, Molly Miller, Jack Stamets, Michael Matchett and Madeline Warren of Cushman & Wakefield represented the CRG in the transaction and procured the buyer, an undisclosed global alternative asset manager. Terms of the transaction were not disclosed. Located at 7111 S. Crismon Road, Building C sits on 268 acres and features state-of-the-art industrial space built to suit for an investment-grade tenant. The facility offers proximity to Phoenix-Mesa Gateway Airport, near-immediate access to Loop 202 and close connectivity to State Route 24.
TUCSON, ARIZ. — Cushman & Wakefield | PICOR has brokered the sale of a 19,464-square-foot industrial property located at 451 N. Bonita Ave. in Tucson. An entity doing business as EAW-451 LLC sold the property to Brickyard Investments LP for $2.8 million. Natalie Furrier and Greg Furrier with Cushman & Wakefield | PICOR represented the seller in the deal, while Pat Welchert of Alpha Commercial Real Estate Services represented the buyer.
Clark Beverage Group to Invest $129M for Corporate Headquarters, Distribution Facility in Bowling Green, Kentucky
by Abby Cox
BOWLING GREEN, KY. — The Clark Beverage Group and Clark Distributing Co., both subsidiaries of C.C. Clark Inc.) are partnering with HDA for the design and construction of their new $129 million headquarters and distribution facility in Bowling Green. Scheduled to break ground this summer, the project will span 362,675 square feet and will feature a 46,600-square-foot, two-story corporate office; a 298,500-square-foot warehouse; 17,000-square-foot fleet maintenance facility; and a 575-square-foot security check-in building. The campus will also be able to accommodate an additional 135,000 square feet for future expansion, as well as 34-foot clear heights, 36 docks, automated systems and dedicated mezzanine spaces for additional storage. A separate, remote building will provide onsite servicing, maintenance and washing for delivery vehicles, complemented by an onsite fueling station. Completion of the project is anticipated for fall 2027. C.C. Clark was established in 1903 and today bottles and distributes beverages from brands including Coca-Cola, Barefoot Wine, Fairlife, Dunkin’, Vitamin Water, Hi-C, Terrapin Beer Co., High Noon, Minute Maid, Monster Energy, Powerade, Yuengling and Sam Adams.
Hamilton Development Breaks Ground on 307,544 SF Industrial Park in Metro Miami’s Flagler Station
by Abby Cox
MEDLEY, FLA. — Hamilton Development has broken ground on Flagler Station Logistics Center, a planned 307,544-square-foot, two-building industrial project located within the 900-acre Flagler Station business park in the Miami suburb of Medley. Flagler Station Logistics Center is slated for completion in July 2027. In October 2025, Hamilton Development finalized the acquisition of three office buildings in the Flagler Station business park, two of which are being redeveloped to become Flagler Station Logistics Center. The third building will continue to operate as office space. Building 1 will span 154,465 square feet and will feature rear-load configurations with 36-foot clear heights, 26 dock doors and three drive-in doors. Building 2 will total 153,079 square feet and will comprise rear-load configurations with 36-foot clear heights, 30 dock doors and three drive-in doors. Both buildings will include an ESFR sprinkler system and private truck court, along with immediate access to the Florida Turnpike, I-75 and the Palmetto Expressway. Steve Medwin and Nick Wigoda of Stream Realty Partners are handling leasing for Flagler Station Logistics Center.
HALTOM CITY, TEXAS — Creation, a developer with offices in Dallas and Phoenix, has completed Triad 820, a three-building, 137,000-square-foot industrial project in Haltom City, a northern suburb of Fort Worth. The development features 28-foot clear heights, 125-foot truck court depths, electrical vehicle charging stations and a secured yard. LGE Design Build handled the architectural and general contracting aspects of the project. NAI Robert Lynn is the leasing agent. Construction began in early 2025.
Hamilton Partners, Bow River Capital Receive $44.2M in Financing for Hamilton Logistics Center in Salt Lake City
by Amy Works
SALT LAKE CITY — Hamilton Partners and Bow River Capital have received $44.2 million in refinancing for Hamilton Logistics Center, a 474,600-square-foot Class A industrial asset at 8080 W. 1400 North in Salt Lake City. Chris Gandy, Jack Safford and Todd Torok of JLL Capital Markets arranged the floating-rate, five-year loan for the borrowers through a national insurance company. Completed in 2023, Hamilton Logistics Center features cross-dock industrial space with 36-foot clear heights, 56 dock-high doors, two drive-in doors and a 2,800-square-foot move-in ready speculative office space. Situated on 33.4 acres, the site includes 244 parking stalls and 156 trailer stalls on paved, illuminated land. The asset serves logistics and distribution users with access to the Wasatch Front’s labor pool of more than 1.2 million residents.
SOMERSET, N.J. — Locally based brokerage firm NAI DiLeo-Bram has arranged the $4.7 million sale of a 20,269-square-foot industrial building in the Northern New Jersey community of Somerset. The building sits on a 3-acre site at 85 Commerce Drive and features a clear height of 19 feet. Kyle Gerace, Chris Chiusolo and Sweemit Goswami of NAI DiLeo-Bram represented the buyer, Approved Fire Protection, in the transaction. The seller was PepsiCo Inc./Frito Lay.
Cushman & Wakefield Arranges $83.8M in Acquisition Financing for 11-Building Industrial Portfolio in Metro Atlanta
by Abby Cox
ATLANTA — Cushman & Wakefield has arranged $83.3 million in financing for the acquisition of an 11-building industrial portfolio located in metro Atlanta. Gideon Gil, Taylor Geiger, Cecelia Galligan and Crawford Bundy of Cushman & Wakefield arranged the floating-rate loan through Argenti on behalf of the borrower, Arden Logistics Parks. Stewart Calhoun, Casey Masters and Drew Stanford, also with Cushman & Wakefield, represented the sellers, Onward Investors and Prospect Ridge, in the transaction. The 658,550-square-foot portfolio includes:
ADDISON, ILL. — Logistics Property Co. LLC (LogiPropCo) has closed on a 9.8-acre site at 2349 W. Lake St. in Addison with plans to build a 140,122-square-foot industrial facility. The site offers immediate access to I-355 and Illinois Route 20 as well as proximity to the O’Hare airport. Construction is expected to commence this month. The project will feature a clear height of 32 feet, 36 dock positions and parking for 179 cars. Morgan Harbour Construction will serve as general contractor, Architects Plus Design Studio is the architect and Jacob & Hefner Associates is the civil engineer. Aaron Martell and Ben Fish of LogiPropCo led the sourcing of the land for the development. Sean Henrick, Jason West and Doug Pilcher of Cushman & Wakefield will serve as the project’s leasing representatives. Completion is slated for the first quarter of 2027.
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