Industrial

First-Logistics-Center-@I-83-York-Pennsylvania

First Industrial Leases 708,000 SF Building in York, Pennsylvania

by Taylor Williams October 23, 2026

YORK, PA. — Chicago-based REIT First Industrial Realty Trust (NYSE: FR) has leased the entirety of First Logistics Center @ I-83, a 708,000-square-foot building in the Central Pennsylvania city of York. The tenant was not disclosed. The address and specific features of the building were also not disclosed, but the site offers proximity to interstates 76, 81 and 78, as well as Harrisburg International Airport. Leah Balerno, Ryan Barros, Vincent Ranalli, Patrick Lafferty and Bill Pellington of CBRE represented First Industrial in the lease negotiations.

October 23, 2026

Acquisitions Industrial New Jersey Northeast

JLL Brokers $56.9M Sale of Central New Jersey Distribution Facility

by Taylor Williams October 23, 2026

MONMOUTH JUNCTION, N.J. — JLL has brokered the $56.9 million sale of a 223,977-square-foot distribution facility in the Central New Jersey community of Monmouth Junction. The single-tenant property at 27 Distribution Way features a clear height of 22 feet, 28 loading doors, 225-foot truck court depths and parking for 57 trailers and 126 cars. Jason Lundy, Nicholas Stefans, Ryan Cottone, Luke Ceccoli and Nate Demetsky of JLL represented the seller, CenterPoint Properties, in the transaction. The buyer was Denver-based investment firm Sagard Real Estate.

October 23, 2026

Acquisitions California Industrial Western

Gildred Cos. Buys La Mirada Business Park in Vista, California for $16.1M

by Amy Works October 23, 2026

VISTA, CALIF. — Gildred Cos. has purchased La Mirada Business Park, a multi-tenant industrial property in Vista, from Catesgarb Holdings for $16.1 million. Williams Roth Group of Lee & Associates represented the buyer, while the team, alongside Jeffrey Bethel of Lee & Associates, represented the seller in the off-market acquisition. Located at 975 and 985 Poinsettia Ave. and 2835 La Mirada Drive, La Mirada Business Park features 76,391 square feet across 4.4 acres. The fully occupied park is divided into six suites ranging from 6,766 to 22,054 square feet, with grade-level loading throughout.

October 23, 2026

Development Georgia Industrial Southeast

Blue Bird to Invest $300M in Fort Valley, Georgia, Develop 1 MSF Manufacturing Facility

by Abby Cox October 23, 2026

FORT VALLEY, GA. — Blue Bird Corp., an American manufacturer of school buses and alternative-fuel student transportation, plans to invest an estimated $300 million to expand its manufacturing operations in Fort Valley, about 27 miles southwest of Macon, Ga. The new 1 million-square-foot facility is expected to create 375 new jobs over the next three years. Blue Bird will convert a former manufacturing site for diesel-powered motorhomes located at 401 Wanderlodge Way into a new facility to build buses of all powertrains. The facility will produce Type C school buses — i.e. the classic, “conventional” yellow school buses — which will include diesel, gasoline, propane and electric-powered models. Construction is expected to begin in the first quarter of 2027. Civic support for Blue Bird’s investment includes the Development Authority of Peach County, Georgia Quick Start and the Georgia Department of Economic Development’s (GDEcD) Global Commerce team.

October 23, 2026

Acquisitions Florida Industrial Southeast

SRS Arranges $133M Sale of Central Florida Industrial Property Occupied by Sherwin-Williams

by Abby Cox October 23, 2026

WINTER HAVEN, FLA. — SRS Real Estate Partners has arranged the $133 million sale of a 685,000-square-foot, single-tenant industrial property in Winter Haven occupied by Sherwin-Willaims. Situated on nearly 40 acres about 46 miles south of Orlando, the property serves as a major distribution center for Sherwin-Williams, which operates on a corporate-guaranteed triple-net lease with a new long-term extension option. Sherwin-Williams uses the property for the storage and distribution of paint and related products. John Redfield of SRS represented the seller, a New Jersey-based private owner. Matthew Mousavi and Patrick Luther, also with SRS, represented the buyer, an East Coast-based, family-owned company with interests in real estate and agriculture. Both parties requested anonymity. SRS also managed the multi-loan financing strategy for the property. Originally constructed in 1992, the industrial property underwent a significant expansion this year, adding new buildings and office space to enhance the facility’s operational capacity.

October 23, 2026

Acquisitions Industrial South Carolina Southeast

Insite Properties Acquires Four-Building Flex Portfolio in Greenville, South Carolina

by Abby Cox October 23, 2026

GREENVILLE, S.C. — Insite Properties has acquired Pelham @ Hyland, a four-building small bay/flex portfolio located along the I-85 corridor in Greenville. Trinity Partners represented the undisclosed buyer, while BWE’s Charlotte office supported the buyer for capital sourcing. CBRE represented the undisclosed seller in the transaction. The sales price was also not disclosed. Trinity Partners will handle leasing for the property, and Insite will provide property management services. Insite is planning a capital improvement program for the 120,000-square-foot property, which includes parking lot and landscaping upgrades, new signage and branding, additional dock and roll-up doors and the addition of spec suites.

October 23, 2026

Development Industrial Midwest Ohio

Ambrose Breaks Ground on 1MSF Logistics Property in Metro Columbus

by Kristin Harlow October 23, 2026

WEST JEFFERSON, OHIO — Ambrose has broken ground on Building II of the Columbus Logistics Park – West, a 169-acre, three-building logistics park in West Jefferson, 20 miles west of downtown Columbus. Building II will offer more than 1 million square feet of space for lease, including a 2,800-square-foot office area. The spec property will feature a clear height of 40 feet, 110 docks, two 4,000-amp panel services and ample auto and trailer parking. The building will offer a minimum divisibility of 531,000 square feet. Substantial completion is slated for fall 2027. ARCO is the general contractor, and ATA Architects provided design services. The Columbus-based Colliers team is handling leasing and marketing for the project. Ambrose partnered with Bank OZK on the construction loan. Building I within the park was completed in 2022. The 715,000-square-foot building is fully leased to GXO and FST Logistics.

October 23, 2026

Illinois Industrial Leasing Activity Midwest

Thyssenkrupp Inks 769,000 SF Industrial Lease Renewal in Edwardsville, Illinois

by Kristin Harlow October 23, 2026

EDWARDSVILLE, ILL. — Thyssenkrupp Supply Chain Services has signed a 769,000-square-foot industrial lease renewal and expansion at Lakeview V in Edwardsville near St. Louis. The transaction includes a three-year renewal of 600,000 square feet along with a 169,500-square-foot expansion. The tenant will now occupy the entire building. Peter J. Kepic and Peter E. Kepic of Colliers | Detroit represented Thyssenkrupp, with referral support from Dan Bamberger, Dan Lesinski and Billy Spence of Colliers | St. Louis. Thyssenkrupp originally leased space in the property in late 2024 following the closure of the former FedEx warehouse.

October 23, 2026

Delaware Industrial Leasing Activity Northeast

First Industrial Leases 226,074 SF Building in New Castle, Delaware

by Taylor Williams October 22, 2026

NEW CASTLE, DEL. — Chicago-based REIT First Industrial Realty Trust (NYSE: FR) has leased the entirety of a 226,074-square-foot building in New Castle. The tenant was not disclosed. The building is the first to be developed within First Park New Castle and features a clear height of 40 feet. Dan Rattay and Colby Reeder of CBRE represented First Industrial in the lease negotiations. Construction of a second, 612,554-square-foot building is now underway within First Park New Castle.

October 22, 2026

Industrial Loans New Jersey Northeast

JLL Arranges Acquisition Financing for Industrial Outdoor Storage Facility in Union, New Jersey

by Taylor Williams October 22, 2026

UNION, N.J. — JLL has arranged an undisclosed amount of acquisition financing for an industrial outdoor storage (IOS) facility in the Northern New Jersey community of Union. The facility at 1200 Springfield Road includes an 18,500-square-foot maintenance building with a clear height of 16 feet and five drive-in doors. Michael Klein, Max Custer, Nazario Paragano and Kevin Badger of JLL arranged the loan on behalf of the buyer, New York-based investment firm Ridgecut Road. An undisclosed regional bank provided the loan.

October 22, 2026

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