Industrial Archives - REBusinessOnline

Highline, GCP Acquire 936,000 SF Industrial Facility in Metro Louisville Leased to Amazon

John Nelson — Tue, 23 Dec 2025 15:40:55 +0000

SHEPHERDSVILLE, KY. — A joint venture between Highline Real Estate Partners and Growth Capital Partners (GCP) has purchased a 936,000-square-foot industrial facility located at 100 W. Thomas P. Echols Lane in Shepherdsville, a southern suburb of Louisville. Built in 2009 near an I-65 interchange, the 51.5-acre property has been fully leased to Amazon since 2013. George Fallon of CBRE represented the undisclosed seller in the transaction. The sales price was also not disclosed.

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Oxford Partners Negotiates 25,827 SF Industrial Lease in South Austin

Taylor Williams — Tue, 23 Dec 2025 15:34:22 +0000

AUSTIN, TEXAS — Houston-based brokerage firm Oxford Partners has negotiated a 25,827-square-foot industrial lease in South Austin. According to LoopNet Inc., the building at 6301 E. Stassney Lane totals 109,203 square feet and was built in 2015. D.J. Hale of Oxford Partners represented the tenant, Austin Task Secure Doc Services, in the lease negotiations. Claudia Taylor of Stream Realty Partners represented the landlord, Clarion Partners.

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JLL Arranges $176M Refinancing of Northern New Jersey, South Florida Industrial Portfolio

Taylor Williams — Tue, 23 Dec 2025 15:23:27 +0000

MORRISTOWN, N.J. — JLL has arranged a $176 million loan for the refinancing of a portfolio of six industrial properties totaling approximately 1.2 million square feet. Four of the properties are located in the Northern New Jersey communities of Carlstadt, Lyndhurst, Carteret and North Brunswick and feature clear heights of 16 to 25 feet. The other two properties are located in South Florida. Jim Cadranell, Gregory Nalbandian, Michael Lachs and Kevin Badger of JLL arranged the eight-year, fixed-rate loan through insurance giant Nationwide on behalf of the borrower, Seagis Property Group. The portfolio was 96 percent leased at the time of the loan closing.

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Kislak Negotiates $3.3M Sale of Industrial Facility in Pennington, New Jersey

Taylor Williams — Tue, 23 Dec 2025 15:00:35 +0000

PENNINGTON, N.J. — Locally based brokerage firm The Kislak Co. Inc. has negotiated the $3.3 million sale of a 30,375-square-foot industrial facility in Pennington, located just north of Trenton. The multi-building facility is known as Hopewell Valley Industrial Park and was originally built on 8.2 acres in 1988. Daniel Lanni of Kislak represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

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ICP Acquires 408,000 SF Former True Value Hardware Distribution Facility in Westlake, Ohio

Kristin Harlow — Tue, 23 Dec 2025 14:43:07 +0000

WESTLAKE, OHIO — Industrial Commercial Properties (ICP) has acquired the former True Value Hardware distribution facility at 26025 1st St. in Westlake, about 12 miles west of downtown Cleveland. The 408,000-square-foot property features a clear height of 25 feet and sits on 21.6 acres. ICP will transform the facility with advanced building systems, improved dock and loading areas and a modernized look. The updated space, available in the second quarter of 2026, will offer flexible layouts for industrial, manufacturing and distribution businesses. Joe Messina, David Stecker and Joe Warren of JLL helped facilitate the transaction and will continue as the leasing team.

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Tariffs Are Moving the Needle for Manufacturing, Distribution Demand on the I-85 Industrial Corridor

John Nelson — Tue, 23 Dec 2025 12:31:00 +0000

More than seven months have passed since Liberation Day, where the Trump administration declared a sweeping package of tariffs for foreign trade partners and specific commodities, including steel and aluminum. Since the announcement in early April, there has been a boon in the amount of multibillion-dollar advanced manufacturing, life sciences, semiconductor and data center investment announcements around the country, with the markets along the I-85 Industrial Corridor being no exception. To name a few: Toyota has recently begun production at its $13.9 billion battery plant in Liberty, N.C.; Rivian broke ground on its $5 billion electric vehicle plant near Social Circle, Ga.; JetZero is planning to create 14,500 jobs for an aerospace manufacturing facility in Greensboro, N.C.; Eli Lilly is developing a $5 billion pharmaceutical manufacturing facility in the Richmond suburb of Goochland County, Va.; and Google is developing a trio of data centers in metro Richmond’s Chesterfield County. “We have incredible momentum bringing business back into the United States, which is going to drive industrial growth, particularly in the Southeast,” says Jim Anthony, CEO and founder of APG Companies. “We’re not unionized, we have lower taxes, fewer regulations and lower cost of energy, which is huge factor in site…

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Jackson-Shaw Delivers 594,300 SF First Phase of Landis Ridge Industrial Park in Central North Carolina

Abby Cox — Mon, 22 Dec 2025 15:17:26 +0000

LANDIS, N.C. — Texas-based real estate developer Jackson-Shaw has delivered Phase I of Landis Ridge, a 150-acre master-planned industrial park located in Landis, a central North Carolina city that sits along I-85. This is the first of two planned phases for the property, which will comprise 1.3 million square feet upon completion. The project team for Landis Ridge consists of Compatriot Capital (equity partner), Frampton Construction (general contractor), Orsborn Design Group (civil engineer), Merriman Schmitt Architects (architect) and Hartford Investment Management Co. (financing). Jay Hill, Spencer Yorke and Matthew Greer of JLL are leading leasing efforts for the development. Phase I of Landis Ridge totals 594,300 square feet and spans three speculative buildings, which include Building 1A at 1205 Ridgeview St. (202,800 square feet), Building 1B at 205 Richwater St. (121,800 square feet) and Building 2 at 1400 Ridgeview St. (269,700 square feet). All three buildings are available for lease and can accommodate users ranging in size from 33,180 to 594,300 square feet. Jackson-Shaw recently finished the clearing and grading of the remaining 58 acres, along with the construction of a stormwater control measure pond, for Phase II of Landis Ridge. The second phase will be able to accommodate build-to-suit…

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Colliers Brokers Sale of 51,951 SF Industrial Property in Humble, Texas

Taylor Williams — Mon, 22 Dec 2025 15:12:47 +0000

HUMBLE, TEXAS — Colliers has brokered the sale of a 51,951-square-foot industrial property in Humble, a northern suburb of Houston. The site at 134 Wilson Road houses multiple buildings that were constructed between 1960 and 2009 and that offer a variety of configurations and clear-height ranges. Tom Condon Jr. of Colliers represented the seller, Humble Machine Works Inc., in the transaction. Ross James and David Claros of Newmark represented the undisclosed buyer.

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APG Acquires 300,080 SF Distribution Facility in Rock Hill, South Carolina

Abby Cox — Mon, 22 Dec 2025 15:12:30 +0000

ROCK HILL, S.C. — Atlanta Property Group (APG) has acquired 885 Paragon Way, a 300,080-square-foot distribution facility located in Rock Hill, roughly 15 miles south of Charlotte. Situated in the master-planned Riverwalk Business Park, the temperature-controlled property features 32-foot clear heights, 33 dock high doors, a 180-foot truck court and a 4,000-amp electrical system. The property is currently vacant. The sales price and seller were not disclosed.

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Brookfield Completes 151,676 SF Industrial Project in Union, New Jersey

Taylor Williams — Mon, 22 Dec 2025 14:27:09 +0000

UNION, N.J. — Brookfield Properties has completed a 151,676-square-foot industrial project in the Northern New Jersey community of Union. Known as Union Distribution Center, the development features a clear height of 36 feet, 28 dock doors, two drive-in doors, 4,000 square feet of office space and parking for 16 trailers and 123 cars. PREMIER Design + Build Group handled both the architectural and general contracting aspects of the project.

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JLL Arranges $92.5M Sale of Industrial Portfolio in East Tampa

Abby Cox — Fri, 19 Dec 2025 15:45:40 +0000

TAMPA, FLA. — JLL Capital Markets has arranged the sale of a nine-building portfolio located across two industrial parks in Tampa on the east side of the city’s central business district. East Capital Partners purchased the 492,957-square-foot portfolio for $92.5 million, according to the Tampa Bay Business Journal. Luis Castillo, Cody Brais and David Orta Jr. of JLL represented the seller in the transaction. Melissa Rose, Jovi Rodriguez and Duncan Miller, also with JLL, secured financing for the acquisition on behalf of the new owner. The portfolio spans 25.6 acres and includes Adamo Distribution Center and Commerce Distribution Center. The small-bay industrial parks were 94 percent leased at the time of sale to 28 tenants across multiple industries such as utilities, logistics, manufacturing, consumer goods, building materials, biotech, medical supplies and technology.

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Basis Purchases Industrial Portfolio in Hialeah, Florida for $84.8M

Abby Cox — Fri, 19 Dec 2025 15:43:11 +0000

HIALEAH, FLA. — Basis Industrial has purchased a portfolio of 42 small-bay industrial buildings totaling 396,135 square feet in Hialeah, a suburb of Miami, for $84.4 million. Jose Lobón of CBRE represented the seller, TA Realty, in the transaction. Anthony Scavo internally represented Basis Industrial. BankUnited and Seacoast Bank provided financing for the acquisition, while NexPoint Advisors provided more than $20 million of preferred equity. The portfolio includes 24 buildings totaling 282,000 square feet at West 31st Place, West 32nd Place and West 33rd Place; 17 buildings totaling 93,116 square feet in the east pocket at West 8th Court, West 27th Street and West 28th Street; and one 20,119-square-foot building at 7395 W. 18th Lane. The industrial buildings feature a mix of cross-dock and front-load configurations with dock-high and grade-level loading, 14- to 22-foot clear heights, with roughly 5 to 12 percent of the space dedicated to offices. The portfolio was 85 percent leased to 79 tenants at the time of sale in industries relating to home design and improvement, as well as many other small family-owned businesses. The average tenant size is approximately 4,280 square feet.

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BKM Capital Partners Buys 200,343 SF Industrial Portfolio in Dallas-Fort Worth, Houston

Taylor Williams — Fri, 19 Dec 2025 14:20:44 +0000

DALLAS — BKM Capital Partners has purchased a portfolio of three industrial properties totaling 200,343 square feet in Texas. The properties include Plaza Circle II, which consists of 68,043 square feet across four buildings in Dallas-Fort Worth’s South Stemmons submarket; GSW Circle I, which comprises 73,600 square feet across five buildings in Grand Prairie; and Kinghurst Circle, which totals 58,700 square feet across two buildings in southwest Houston. Trent Agnew, Charlie Strauss, Tom Weber, Pauli Kerr, Lance Young, Brennan Fewin and Alex Fronterhouse of JLL represented the seller, California-based Circle Industrial, in the transaction. The portfolio was 98 percent leased at the time of sale.

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Peak Construction to Build 119,408 SF Industrial Facility for Vista Trans in Huntley, Illinois

Kristin Harlow — Fri, 19 Dec 2025 14:01:14 +0000

HUNTLEY, ILL. — Peak Construction Corp. will build a 119,408-square-foot industrial facility and subdivision infrastructure for trucking company Vista Trans in Huntley. The building will feature a clear height of 32 feet, eight docks, one drive-in door, 89 car parking spaces, 23 trailer stalls and 13,450 square feet of office space. The project team includes Harris Architects Inc. and RWG Engineering LLC. Completion is slated for the third quarter of 2026.

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Crescent Communities, Fortius Capital Sell 449,069 SF Industrial Facility in Charlotte Leased to Amazon

John Nelson — Thu, 18 Dec 2025 16:17:42 +0000

CHARLOTTE, N.C. — Crescent Communities and Fortius Capital Partners have sold AXIAL Rapid Commerce, a 449,069-square-foot industrial facility located at 500 Rhyne Road in Charlotte. The owners recently signed Amazon to a full-building lease at the facility, which is situated within the 1.5 million-square-foot, 140-acre Rapid Commerce Park. Pacolet Milliken, the project’s limited partner, is purchasing the facility from Crescent Communities and Fortius Capital for an undisclosed price. The LEED-certified property features 3,850 square feet of office space, 338 automobile parking spaces, 106 trailer parking spaces, two drive-in doors, multiple storefronts, 36-foot clear heights and abundant dock doors.

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PHP Capital Partners Buys 115,000 SF Industrial Park in Irving

Taylor Williams — Thu, 18 Dec 2025 15:45:13 +0000

IRVING, TEXAS — Fort Worth-based investment firm PHP Capital Partners has purchased Gateway Business Center, a 115,000-square-foot industrial park in Irving. The development consists of four buildings that house suites that range in size from 2,500 to 16,000 square feet. The seller and sales price were not disclosed. PHP Capital has tapped Property Advisers Realty Inc. as the leasing agent.

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SIMFLO Opens 30,000 SF Industrial, Office Facility in Lubbock

Taylor Williams — Thu, 18 Dec 2025 15:41:01 +0000

LUBBOCK, TEXAS —SIMFLO, a locally based provider of vertical and submersible turbine pumps, has opened a 30,000-square-foot industrial and office facility in the West Texas city of Lubbock. The facility functions as a quality control center for conducting inspections on all components not manufactured in-house and is part of SIMFLO’s existing corporate campus. The facility is expected to be fully operational by early to mid-January.

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Bag Supply Co. Signs 18,000 SF Industrial Lease in East Fort Worth

Taylor Williams — Thu, 18 Dec 2025 15:39:16 +0000

FORT WORTH, TEXAS — Bag Supply Co. LLC has signed an 18,000-square-foot industrial lease in East Fort Worth. The tenant is relocating from nearby Everman to the newly renovated building at 5911 E. Rosedale St. Cade Navarro of Bradford Commercial Real Estate Services represented the tenant in the lease negotiations. Brett Carlton and Forrest Cook of Stream Realty Partners represented the undisclosed, Boston-based landlord.

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Newmark Brokers $84.5M Sale of Keurig Dr Pepper Campus in Metro Boston

Taylor Williams — Thu, 18 Dec 2025 14:22:12 +0000

BURLINGTON, MASS. — Newmark has arranged the $84.5 million sale of the 431,233-square-foot campus of Keurig Dr Pepper in Burlington, located north of Boston. The two-building campus was constructed in 2014 and consists of a 280,560-square-foot office building and a 150,673-square-foot research-and-development/manufacturing facility. Robert Griffin, Edward Maher, Matthew Pullen, James Tribble, Samantha Hallowell and William Sleeper of Newmark represented the seller, Peakstone Realty Trust, in the transaction. The team also procured the buyer, Montana Avenue Capital Partners.

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CBRE Arranges $22.1M Sale-Leaseback of Industrial Property in Carlsbad, California

Amy Works — Thu, 18 Dec 2025 13:56:30 +0000

CARLSBAD, CALIF. — CBRE has brokered the $22.1 million sale-leaseback of 2470 Faraday Avenue, a 19.4-acre site in Carlsbad. BLT Enterprises acquired the asset from the seller, a global science and technology company. The site includes a 127,200-square-foot industrial research and development and manufacturing facility, which the seller will lease back. The facility features highly specialized lab and research and development space, as well as manufacturing and distribution space. The facility has been owned and operated by the seller since the mid-1970s. Hunter Rowe, Matt Carlson, Michael Longo, Eric Cox, Barbara Perrier, Joe Cesta and Brian Russell of CBRE represented the seller in the deal.

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