Wednesday, August 19, 2026
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Industrial

Gateway-1960-Houston
DevelopmentIndustrialTexas

Portman Acquires Land in North Houston, Receives Construction Financing for 714,339 SF Industrial Project

by Taylor Williams

HOUSTON — Atlanta-based developer Portland has acquired land and received construction financing for Gateway 1960, a 714,339-square-foot industrial project that will be located in North Houston. Neither the acreage of the site nor the amount of the construction loan were disclosed. Gateway 1960 will comprise a 440,323-square-foot cross-dock structure, a 157,723-square-foot front-load building and a 116,293-square-foot rear-load facility, all of which will feature speculative office space, LED lighting and dock-high loading doors. Project partners include general contractor Angler Construction, Powers Brown Architecture as the architect, civil engineer Langan and leasing agent Partners Real Estate. Construction is set to begin before the end of the month and to be complete in the third quarter of 2027.

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Valwood-Industrial-Portfolio-Dallas
AcquisitionsIndustrialTexas

Cushman & Wakefield Brokers Sale of 254,105 SF Industrial Portfolio in North Dallas

by Taylor Williams

DALLAS — Cushman & Wakefield has brokered the sale of the Valwood Industrial Portfolio, a collection of three buildings totaling 254,105 square feet in North Dallas. Built in 2001, the portfolio’s buildings feature rear-load configurations and 24-foot clear heights. Jim Carpenter, Jud Clements, Robby Rieke, Emily Brandt and Trevor Berry of Cushman & Wakefield represented the seller, California-based Cohen Asset Management, in the transaction. The buyer was a fund backed by Ares Real Estate. The portfolio was fully leased to seven tenants at the time of sale.

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Southwest-Bay-Project-LV-NV
AcquisitionsDevelopmentIndustrialNevadaWestern

IndiCap Acquires Site for 70,405 SF Industrial Development in Southwest Las Vegas

by Amy Works

LAS VEGAS — IndiCap has acquired 3.8 net acres in Southwest Las Vegas for the development of Southwest Bay, a Class A infill industrial project. The 70,405-square-foot property will offer shallow-, small- and mid-bay industrial space with flexible suite configurations. Current plans call for suite configurations beginning at approximately 17,600 square feet, with the ability to accommodate full-building users. Located at the southwest corner of Russell Road and Edmond Street, Southwest Bay will feature concrete tilt-up construction with 28-foot clear heights, ESFR fire sprinklers, dock-high and grade-level loading, electrical capacity and flexible demising options. Site work is slated to begin in April 2027, followed by vertical construction in May 2027. Southwest Bay is scheduled for delivery in February 2028, with preleasing available before completion. The project team includes Lee & Sakahara Architects as architect and structural engineer, Per4mance Engineering as civil engineer and NDL Group as general contractor. Greg Tassi and Donna Alderson of Cushman & Wakefield are handling leasing for the project. First American provided title services for the project.

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IndustrialLeasing ActivityTexas

Jorstin Transportation Services Signs Industrial Lease Expansion in Fort Worth

by Taylor Williams

FORT WORTH, TEXAS — Jorstin Transportation Services has signed an industrial lease expansion in Fort Worth.The Texas-based freight company now occupies 95,982 square feet at Everman Trade Center, a four-building, 457,745-square-foot development. Kash Knutson of Growe 3PL Real Estate represented the tenant in the lease negotiations. Matt Carthey and Trey Goodspeed of Holt Lunsford Commercial represented the landlord, Boston-based Cabot Properties.

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AcquisitionsIndustrialLee & AssociatesTexas

Lee & Associates Negotiates Sale of 24,825 SF Industrial Property in Northwest Houston

by Taylor Williams

HOUSTON — Lee & Associates has negotiated the sale of a 24,825-square-foot industrial property in northwest Houston. The two-building complex at 2216 Pech Road was constructed in 1980 and includes 4,600 square feet of office space. Richard Glass and Conrad Chambers of Lee & Associates represented the seller, All-Tex Erection Systems Inc., in the transaction. The buyer was Russell and Sons Holding Co.

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AcquisitionsData CentersDevelopmentIndustrialNorth CarolinaSoutheast

WhiteFiber Agrees to Buy Two Industrial Facilities in North Carolina, Plans Data Center Conversions

by John Nelson

YADKIN COUNTY, N.C. — WhiteFiber Inc., a data center owner-operator and cloud solutions provider, has agreed to acquire two industrial facilities in Yadkin County, situated near Winston-Salem at the foothills of the Blue Ridge Mountains. WhiteFiber is acquiring the properties via its wholly owned subsidiary Enovum Data Centers Corp. with plans to retrofit both properties into data centers. The agreed purchase price was $60 million for both sites. The two facilities, which will be renamed NC-2 and NC-3, sit approximately 55 miles from NC-1, WhiteFiber’s existing data center campus in Madison, N.C. NC-2 and NC-3 are expected to provide a combined minimum of 60 megawatts (MW) of initial gross utility capacity with the potential to support up to 200 MW of combined utility capacity over time. WhiteFiber expects to close the transaction in the fourth quarter and bring the properties on line in third-quarter 2027.

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AcquisitionsIndustrialTexas

Apricus, ABR Capital Buy 18.5-Acre Industrial Outdoor Storage Facility in Northwest Houston

by Taylor Williams

HOUSTON — A partnership between Dallas-based Apricus Realty Capital and Baltimore-based ABR Capital Partners has purchased an 18.5-acre industrial outdoor storage (IOS) facility in northwest Houston. The facility at 11403 N. Houston Rosslyn Road, which was fully leased at the time of sale to American Piping Products, includes approximately 53,000 square feet of warehouse and service facilities. C.W. Sheehan, Jack Britton, Peyton Ackerman and Nate Henderson of JLL arranged acquisition financing for the deal. The seller and sales price were not disclosed.

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IndustrialLeasing ActivityTexas

Alcon Research Signs Industrial Lease Renewal, Expansion in Fort Worth

by Taylor Williams

FORT WORTH, TEXAS — Alcon Research LLC, which supports innovation in the field of eye care, has signed an industrial lease renewal and expansion in Fort Worth. The address was not disclosed, but the company’s new footprint is roughly 385,000 square feet. Allyson Yost of Colliers represented the tenant in the lease negotiations. Matt Carthey and Trey Goodspeed with Holt Lunsford Commercial represented the landlord, Boston-based TA Realty.

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AcquisitionsSelf-StorageSoutheastTennessee

Matthews Arranges Sale of 574-Unit Self-Storage Facility in Chattanooga

by John Nelson

CHATTANOOGA, TENN. — Matthews has arranged the sale of a 574-unit self-storage facility located at 606 Manufacturers Road in Chattanooga’s Northshore neighborhood. Extra Space Storage manages the property, which was built in 2021 and offers 75,520 square feet of rentable climate-controlled space. Austin McLeod and Hunter Reynolds of Matthews represented the seller, an unnamed developer, in the transaction. The buyer, a private equity firm based in New York and repeat client of Matthews, purchased the property for an undisclosed price. The facility was 95 percent occupied at the time of sale.

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AcquisitionsIndianaIndustrialMidwest

JLL Negotiates Sale of 1.1 MSF Subaru Distribution Facility in Metro Indianapolis

by Kristin Harlow

WHITESTOWN, IND. — JLL Capital Markets has negotiated the sale of Subaru at Park 267, a 1.1 million-square-foot distribution facility in the Indianapolis suburb of Whitestown. John Huguenard, Ed Halaburt, Ross Bratcher and Cameron Chandra of JLL represented the seller, a joint venture between Prologis and Browning. LaSalle Investment Management acquired the asset. Browning’s construction division constructed the build-to-suit development in 2024. The facility is fully leased to Subaru of America Inc. and serves as the largest distribution center within its nine-facility national network. The property features a clear height of 40 feet, 108 dock-high doors, four drive-in doors, cross-dock configuration with 135 feet of truck court depth and LEED Silver certification. The site includes 342 automobile parking spaces and 100 trailer parking spaces across 69.7 acres.

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