BROOKSHIRE, TEXAS — GPI Crest, which is a joint venture between Giammalva Properties Inc. and Crest Realty Advisors, is underway on construction of a 202,284-square-foot industrial project in Brookshire, a western suburb of Houston. Known as Ninety West, the cross-dock building will be situated adjacent to Stream Realty Partners’ 2.3 million-square-foot Empire West development and will feature 36-foot clear heights. Powers Brown is the project architect, and Slate Construction is the general contractor. First Horizon Bank is financing the project, which is slated for a spring 2027 delivery. CBRE is the leasing agent.
GRAND PRAIRIE, TEXAS — Gulf Coast Crating Inc. has signed a 151,650-square-foot industrial lease in Grand Prairie, located midway between Dallas and Fort Worth. The building at 1213 W. Carrier Parkway was completed in 1980 and totals 224,100 square feet. R.J. Flores, Mark Graybill and Reed Parker of Lee & Associates represented the undisclosed landlord in the lease negotiations. First Houston Properties represented Gulf Coast Crating.
PFLUGERVILLE, TEXAS — Chicago-based Brennan Investment Group has purchased a 13,700-square-foot industrial outdoor storage (IOS) facility in the northern Austin suburb of Pflugerville. The facility, which was acquired via sale-leaseback with an undisclosed seller/tenant, was built on 3.4 acres in 2017 and features 24-foot clear heights, nine grade-level overhead doors, two five-ton cranes and a wash bay. The sales price was not disclosed.
SPARROWS POINT, MD. — American defense contractor Anduril Industries has selected the 3,300-acre Tradepoint Atlantic logistics and industrial park in Maryland’s Baltimore County for the site of a new $3.7 billion shipbuilding operation. Dubbed Arsenal-2, the 2 million-square-foot facility will be developed on the former Bethlehem Steel site in Sparrows Point and will expand the U.S. Navy’s submarine industrial base. The facility is expected to directly create 3,100 permanent jobs in Maryland and support more than 14,000 jobs overall. The project is estimated to generate more than $2 billion in annual economic output, including $312 million in wages. Arsenal-2 represents the largest single private investment in Maryland and the state’s largest job creator in over a decade, according to the State of Maryland. “With this facility, thousands of Marylanders will have new pathways to work, wages and wealth through advanced training and high-skilled maritime manufacturing jobs,” says Maryland Gov. Wes Moore. “We thank Anduril for choosing Maryland, and we’re ready to build the future of the aerospace and defense economy together.” “Sparrows Point helped build the fleet that won World War II,” adds Brian Schimpf, co-founder and CEO of Anduril. “With Arsenal-2, Anduril will return large-scale shipbuilding to a site …
SAN ANTONIO — M Padel, a racquet sport concept, and Socceroof, an operator of indoor soccer facilities, have signed two industrial leases totaling 150,000 square feet in San Antonio. The sports companies will occupy the former distribution buildings at 6558 E. Campus Drive and 6422 E. Campus Drive on the city’s northeast side, which total 50,000 and 150,000 square feet, respectively. Giancarlo Carriero, Tommy Tran and Carey Chan of NAI Robert Lynn represented the tenants in the lease negotiations. The name and representative of the landlord were not disclosed.
PENDERGRASS, GA. — Atlanta-based international general contracting and design-build firm Shimizu North America has opened a new Toyota Industries Electric Systems North America (TESNA) manufacturing facility in Pendergrass, about 57 miles northeast of Atlanta via I-85. The 200,000-square-foot facility represents a $69 million investment and is projected to create more than 250 new jobs in Jackson County. The new facility is part of a larger Toyota Industries Group shared campus that houses sibling manufacturing affiliates including TD Automotive Compressor Georgia (TACG), Toyota Industries Compressor Parts America (TICA) and Toyota Industries Electric Systems (TIES). The new plant serves as the TIES North America – Georgia (TIESNA-GA) Electric Division and focuses on manufacturing automotive DC-DC converters designed to scale high-voltage vehicle battery power down to lower voltages to safely power auxiliary equipment. TIESNA Georgia is a subsidiary of Japan’s Toyota Industries Group.
North Palisade Partners Underway on 290,618 SF Multi-Tenant Industrial Project in Santee, California
SANTEE, CALIF. — North Palisade Partners is underway on development of Palisade Santee Commerce Center, a new industrial project in Santee, located in San Diego County. The company acquired the 13.4-acre site at 10990 N. Woodside Ave. from an undisclosed seller for $22.7 million. Slated for completion in third-quarter 2027, Palisade Santee Commerce Center will offer 290,618 square feet of multi-tenant industrial space. Evan McDonald of Colliers represented the buyer in the transaction. Additionally, McDonald and Mark Lewkowitz of Colliers will serve as the property’s leasing advisors.
LIMERICK, PA. — Provident Industrial, a division of Dallas-based development and investment firm Provident, is underway on construction of a 257,040-square-foot industrial project in Limerick, about 35 miles northwest of Philadelphia. Specific building features for the project at 300 Keystone Drive were not disclosed, but the facility will be able to support logistics, advanced manufacturing and/or e-commerce users. Completion is slated for next summer. CBRE is marketing the project for lease.
The Louisville MSA remains a leading logistics and manufacturing hub in the Midwest and Southeast. While growth continues, the market is transitioning from the rapid expansion and speculative development that followed the pandemic toward a more measured and sustainable pace. Louisville’s appeal begins with its strategic location. UPS Worldport, direct access to Interstates 64, 65 and 71, and a deep regional labor pool reinforce the market’s attractiveness to occupiers serving both national and regional supply chains. Manufacturers, automotive suppliers, e-commerce companies and third-party logistics providers increasingly view Louisville as a cost-effective alternative to larger and more expensive distribution markets. Like many industrial markets across the country, Louisville is currently absorbing a significant amount of new inventory delivered throughout 2025 and the first half of 2026. As a result, vacancy has risen to approximately 5.6 percent, up from the low- to mid-3 percent range that characterized the market for several years following the pandemic. Even so, leasing activity remains healthy, particularly among users seeking modern Class A facilities with higher clear heights, trailer storage capacity and convenient access to major transportation corridors. One of the most notable trends in 2026 has been the slowdown in speculative construction starts. This is a …
NEW YORK CITY — West Palm Beach-based developer Sterling Organization is nearing completion of a 100,000-square-foot industrial project in the Hunts Point neighborhood od The Bronx. The facility at 307 Bruckner Blvd. comprises 46,000 square feet of covered fleet parking and storage space beneath a 46,000-square-foot warehouse that has a clear height of 36 feet, as well as an 8,200-square-foot mezzanine space. Additional features include four loading docks, two drive-in doors and future expansion capabilities. JLL is marketing the facility for lease.
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