TOMBALL, TEXAS —SEG Solar has acquired two manufacturing buildings totaling roughly 1.1 million square feet within Northwest 99 Business Park in Tomball, a northwestern suburb of Houston. Building 2 totals 450,320 square feet and is under construction as a planned conversion into an additional solar module manufacturing facility. Building 3 totals 704,080 square feet and is also under construction to support the company’s distribution operations. Jon Lindenberger and Barkley Peschel of Colliers represented SEG Solar, which previously purchased the 425,360-square-foot Building 1 within the park in 2025, in both transactions. Clay Development owns Northwest 99 Business Park.
ROCKAWAY, N.J. — Resource Realty of Northern New Jersey (RRNJ) has negotiated the sale of a 53,252-square-foot industrial building in Rockaway. The building at 36 Pine St. includes two tailboard exterior dock doors and one drive-in bay. Greg Sabato and Scott Peck of RRNJ represented the buyer, Commerce Park Investors, in the transaction. The seller and sales price were not disclosed.
STRATFORD, CONN. — Construction Resources Co. has signed a 32,000-square-foot industrial lease in the southern coastal Connecticut city of Stratford. According to LoopNet Inc., the building at 500 Lordship Blvd. was built in 1985. David Richard of Colliers represented the landlord, an entity doing business as BHD CT Realty LLC, in the lease negotiations.
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.
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.
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.
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.
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.
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.
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.
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