Industrial Archives - REBusinessOnline

Gantry Arranges $12M Refinancing for Two Self-Storage Facilities in Suburban Detroit

Kristin Harlow — Mon, 19 Jan 2026 15:03:45 +0000

DETROIT — Gantry has arranged $12 million across two loans to refinance maturing debt for a pair of National Storage-branded facilities in suburban Detroit on behalf of Pogoda Cos. The stabilized properties offer 1,082 units totaling more than 141,000 net rentable square feet with additional vehicle storage and both climate-controlled and drive-up units. Andy Weiss, Andy Bratt and Nick Severson of Gantry represented the borrower, a private real estate investor. A life insurance company provided the seven-year, fixed-rate loan, which features interest-only payments for the full term and flexible prepayment. Gantry will service the loan on behalf of the lender.

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Dalfen Industrial Buys Two-Building, 56,000 SF Portfolio in Wood Dale, Illinois

Kristin Harlow — Mon, 19 Jan 2026 15:02:50 +0000

WOOD DALE, ILL. — Dalfen Industrial has purchased a two-building, multi-tenant industrial portfolio totaling 56,000 square feet in the Chicago suburb of Wood Dale. The transaction was sourced through a longstanding relationship with Colliers. The properties are 66 percent leased and home to seven tenants with suite sizes ranging from approximately 3,000 to 7,000 square feet. The buildings feature five dock-high doors and six drive-in doors. The portfolio offers convenient access to I-90, I-290 and I-294 as well as close proximity to the Chicago O’Hare International Airport.

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Crescent Sells New 173,280 SF Industrial Facility in Greensboro, North Carolina

Abby Cox — Mon, 19 Jan 2026 13:25:55 +0000

GREENSBORO, N.C. — Crescent Communities has sold AXIAL Liberty Commerce, a newly completed, 173,280-square-foot industrial facility located in Greensboro, to Hoffman & Hoffman Inc. The purchase price was $23.5 million, according to the Triad Business Journal. Jason Ofsanko and Jordan Mitchell of Cushman & Wakefield represented the seller in the transaction. Partners for the industrial project included First Horizon (lender), Bolton & Menk (civil engineering), Crescent Communities Construction (general contractor), DMA Architecture (architects) and Geo-Hydro Engineers (geotechnical and environmental engineering). Spanning 18 acres, AXIAL Liberty Commerce includes 2,804 square feet of office space, 171 car parking spaces, 20 trailer parking spaces, 32-foot clear heights, 47 dock-high doors and three drive-in doors.

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Reports: Microsoft Plans $400M Data Center in Castroville, Texas

Taylor Williams — Fri, 16 Jan 2026 16:18:24 +0000

CASTROVILLE, TEXAS — Microsoft plans to open a $400 million data center in Castroville, about 25 miles west of San Antonio, according to reports from multiple news outlets including Data Center Dynamics and My San Antonio. According to the latter publication, which cited a filing with the Texas Department of Licensing & Regulation, the facility will be known as SAT 82 and will span approximately 195,000 square feet. My San Antonio also reported that construction is scheduled to begin in August and to last about two years. In addition, Data Center Dynamics reports that Microsoft has other data center projects in the works in Castroville.

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Greenstone Partners Brokers $17M Sale of Flex Industrial Property in Chicago

Kristin Harlow — Fri, 16 Jan 2026 13:59:00 +0000

CHICAGO — Greenstone Partners has brokered the sale of a flex industrial property in Chicago’s Irving Park neighborhood for nearly $17 million. Located at 3800 N. Milwaukee Ave., the 128,222-square-foot facility features a diverse tenant mix, including a daycare, multiple indoor sports facilities and an auto-related office and service operator. At the time of sale, the property was 98 percent leased. Danny Spitz and Brewster Hague of Greenstone represented the seller and procured the buyer, an Illinois-based private equity group.

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JLL Brokers Sale of 1 MSF Industrial Portfolio in Houston

Taylor Williams — Thu, 15 Jan 2026 16:25:30 +0000

HOUSTON — JLL has brokered the sale of a portfolio of three industrial properties in Houston: Central Green Corporate Center (516,134 square feet), North Houston Logistics Center Building G (351,400 square feet) and West Little York (153,188 square feet). Known as the NxNW Houston Class A Logistics Portfolio by virtue of the properties’ locations on the city’s north and northwest sides, the approximately 1 million-square-foot portfolio comprises six buildings with an average vintage of 2016 and clear heights that range from 26 to 36 feet. Trent Agnew, Charlie Strauss, Lance Young, Brooke Petzold and Dawson Hastings of JLL represented the undisclosed seller in the transaction. The buyer was a fund backed by Ares Management Corp. The portfolio was 95 percent leased to 10 tenants at the time of sale.

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Vazma Capital Buys 73,014 SF Industrial Building in Denton, Texas

Taylor Williams — Thu, 15 Jan 2026 15:49:15 +0000

DENTON, TEXAS — Mexico-based investment firm Vazma Capital has purchased a 73,104-square-foot industrial building in the North Texas city of Denton. The building at 2801 N. I-35 was built in 1979 and was formerly occupied by the seller, food and beverage distributor Ben E. Keith Co. Andrew Clark of Bradford Commercial Real Estate Services represented the buyer, which plans to use the building to expand its auto parts distribution network, in the transaction. David Walters and Brice Wells of CBRE represented the seller.

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FedEx Renews 125,000 SF Industrial Lease in Newburgh, New York

Taylor Williams — Thu, 15 Jan 2026 15:04:58 +0000

NEWBURGH, N.Y. — FedEx Corp. has renewed its 125,000-square-foot, full-building industrial lease at 100 Enterprise Drive in Newburgh, about 70 miles north of New York City. The freestanding building was developed as a build-to-suit to support FedEx’s air cargo operations at nearby Stewart International Airport. Tom Consiglio and Todd Hali of Resource Realty of Northern New Jersey represented the landlord, Chicago-based CenterPoint Properties, in the lease negotiations. FedEx was self-represented.

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CBRE Arranges Sale, Financing for Two-Property Industrial Portfolio in Metro Minneapolis

Kristin Harlow — Thu, 15 Jan 2026 14:57:35 +0000

MAPLE GROVE, MINN. — CBRE has arranged the sale and acquisition financing for a 255,501-square-foot, two-property industrial portfolio in Maple Grove. Enclave purchased the portfolio from Artis REIT for $25.5 million. CBRE’s Judd Welliver, Bentley Smith, Zach Graham, Ryan Bain, Michael Caprile and Joe Horrigan represented the seller. CBRE’s Joel Torborg, Mike Vannelli and Billy Mork arranged a $15 million loan with a fixed interest rate and interest-only payments through a life insurance company. Located at 9200 Forestview Lane North and 9155 Cottonwood Lane, the properties are currently fully leased to two tenants.

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Barry Co. Brokers Sale of 23,267 SF Industrial Building in Port Washington, Wisconsin

Kristin Harlow — Thu, 15 Jan 2026 14:55:53 +0000

PORT WASHINGTON, WIS. — The Barry Co. has brokered the sale of a 23,267-square-foot industrial building with a separate 4,800-square-foot outbuilding in Port Washington. David Buckley of Barry represented the seller, while Mark Gorski of Summit Commercial Real Estate represented the buyer, Gurtz Electric of Port Washington LLC. Dr. Ag Services Inc. had previously bought the building in April 2024 and completed a strategic repositioning, increasing the property value by about 48 percent when sold again after 18 months.

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NorthPoint Development Buys Three Industrial Buildings Totaling 1 MSF in Brookshire, Texas

Taylor Williams — Wed, 14 Jan 2026 15:56:58 +0000

BROOKSHIRE, TEXAS — Kansas City-based investment firm NorthPoint Development has purchased three industrial buildings totaling approximately 1 million square feet in Brookshire, a western suburb of Houston. The structures are Buildings 1,3 and 8 within Empire West, a 10-building, 3.9-million-square-foot development by Stream Realty Partners that is fully leased to tenants such as Pro Pac, Tesla, H-E-B and Ferguson Enterprises. All three buildings were completed between 2021 and 2025. Seth Koschak, Matteson Hamilton, Mustafa Ali, Adam Jackson and Justin Robinson of Stream, in coordination with Eastdil Secured, brokered the deal.

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Reports: Fortress Investment Buys Pokemon-Anchored Manufacturing Campus Near Raleigh for $226.5M

John Nelson — Wed, 14 Jan 2026 15:51:50 +0000

MORRISVILLE, N.C. — Fortress Investment Group has purchased a majority of Spark LS, a 106-acre life sciences campus in the Raleigh suburb of Morrisville, for $226.5 million, according to Triad Business Journal. The sale covers six parcels, including two new advanced manufacturing facilities, totaling 80 acres. The news outlet also reported the buyer secured an acquisition loan from Bank of America totaling $111.1 million. In December, the seller, affiliates of Starwood Capital Group and Trinity Capital Advisors, signed a nearly 1.3 million-square-foot lease with Millennium Print Group for 20 years, with a 20-year renewal option. Doug Cook of Cushman & Wakefield arranged the lease. The tenant is a subsidiary of The Pokemon Co. International and produces Pokemon playing cards. The company plans to occupy more than 400,000 square feet of existing space and a new ground-up building totaling 866,000 square feet that will deliver in 2027, according to a December press release from Trinity Capital. Triad Business Journal reports that the status of the construction and upfit for Millennium Print is “unclear” in light of the ownership change.

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Stream Realty Partners Breaks Ground on 217,120 SF Industrial Project in North Houston

Taylor Williams — Wed, 14 Jan 2026 15:29:35 +0000

HOUSTON — Stream Realty Partners has broken ground on Summit Grove Business Park, a 217,120-square-foot industrial project in North Houston. The development will consist of two rear-load buildings spanning 125,600 and 91,520 square feet. Building features will include 32- and 36-foot clear heights, respectively, and a combined total of 78 dock-high doors. Project partners include E.E. Reed (general contractor), Ware Malcomb (architect) and Halff (civil engineer). Completion is slated for late summer. Stream will also handle leasing of the property.

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Hitchiner Opens 57,000 SF Manufacturing Facility in Milford, New Hampshire

Taylor Williams — Wed, 14 Jan 2026 13:50:04 +0000

MILFORD, N.H. — Hitchiner, a provider of casting-based components and assemblies for the aerospace and automotive industries, has opened a 57,000-square-foot manufacturing facility in Milford, located near the Massachusetts-New Hampshire border. The build-to-suit facility will serve as a “shared services operations” center on the company’s existing campus. Locally based design-build firm PROCON handled architectural and construction aspects of the project, which began in fall 2024.

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Cromwell Commercial Arranges Sale of 1 MSF Industrial Facility in Waco, Texas

Taylor Williams — Tue, 13 Jan 2026 16:03:24 +0000

WACO, TEXAS — Cromwell Commercial Group, an affiliate of brokerage firm Coldwell Banker Commercial APEX, Realtors, has arranged the sale of a 1 million-square-foot industrial facility in Waco. The facility, which spans 56 acres at 5200 Beverly Drive, was operated as a glass bottle manufacturing facility for 80 years. The new owner, Dallas-based investment firm Keating Resources, plans to reposition the facility’s 907,000‑square‑foot distribution component for lease or sale and has rebranded the property as Waco I-35 Logistics Center. Jordan Beard of Cromwell Commercial brokered the sale of the property, and the firm has also been retained to direct and market the repositioning strategy.

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Lee & Associates Negotiates 123,241 SF Industrial Lease in South Fort Worth

Taylor Williams — Tue, 13 Jan 2026 15:45:11 +0000

FORT WORTH, TEXAS — Lee & Associates has negotiated a 123,241-square-foot industrial lease in South Fort Worth. The space is located within Carter Industrial Park. Reid Bassinger, Trey Fricke and Schaefer Amos of Lee & Associates represented the tenant, ReturnPro, which provides post-purchase services for retailers, in the lease negotiations. Cheyenne Mungaray, Forrest Cook and Jeff Rein of Stream Realty Partners represented the landlord, Agellan Capital Partners Inc.

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MAG Capital Partners Buys 34,150 SF Industrial Facility in Mathis, Texas

Taylor Williams — Tue, 13 Jan 2026 15:41:57 +0000

MATHIS, TEXAS — MAG Capital Partners has purchased a 34,150-square-foot industrial facility in Mathis, about 35 miles northwest of Corpus Christi, in a sale-leaseback deal. The 37.7-acre site at 11557 State Highway 359 houses the global headquarters operations of Airforce Turbine Service and includes a private runway. Steven Okon, Blake Shaffer and Anthony Walters of JLL advised on the transaction. DWG Capital Group arranged acquisition financing for the deal on behalf of the purchaser.

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Johnson & Johnson to Develop Multibillion-Dollar Life Sciences Facility in Wilson, North Carolina

John Nelson — Tue, 13 Jan 2026 15:27:54 +0000

WILSON, N.C. — Pharmaceutical and home consumer products giant Johnson & Johnson has announced a new multibillion-dollar life sciences facility in Wilson, which sits east of the Raleigh-Durham region along I-95 in Wilson County. The new factory will focus on the production of medicines for oncology and neurological diseases. The development is expected to create up to 500 new jobs and represents the second major investment in Wilson County for Johnson & Johnson. In October 2024, the company announced a $2 billion manufacturing campus that would support 420 jobs. That facility is currently under construction, and Johnson & Johnson has begun hiring advanced manufacturing positions. Additionally, Johnson & Johnson announced last year a $2 billion biopharmaceutical manufacturing facility in nearby Holly Springs, N.C. Civic partners on the new factory in Wilson includes the North Carolina Department of Commerce, the Economic Development Partnership of North Carolina, the North Carolina General Assembly, the North Carolina Biotechnology Center, the North Carolina Community College System, the North Carolina Department of Environmental Quality, Wilson Community College, the BioPharma Crescent, Wilson County, the Wilson Economic Development Council and the City of Wilson.

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Lincoln Equities Receives $106M Bridge Loan for Industrial Building in Brewster, New York

Taylor Williams — Tue, 13 Jan 2026 14:27:43 +0000

BREWSTER, N.Y. — Lincoln Equities Group has received a $106 million bridge loan for the refinancing of a 618,048-square-foot industrial building in Brewster, about 60 miles northeast of New York City. Building B @ Interstate Crossings was completed in 2025 and features a clear height of 40 feet. Peter Rotchford and Christopher Pratt of JLL arranged the loan, which includes a future funding component, through affiliates of Apollo and CenterSquare Investment Management.

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Marcus & Millichap Negotiates $6.7M Sale of Indianapolis Industrial Facility

Kristin Harlow — Tue, 13 Jan 2026 14:06:21 +0000

INDIANAPOLIS — Marcus & Millichap has negotiated the $6.7 million sale of a 51,989-square-foot industrial property in Indianapolis. Located at 3823 E. Massachusetts Ave., the facility was fully renovated in 2022 and is net leased to Service Electric Co., a subsidiary of Quanta Services. The building features a clear height of 36 feet, 17 drive-in doors, one dock door and high-capacity power. Gus Poulos, Forest Bender and Joseph DiSalvo of Marcus & Millichap represented the local seller and procured the out-of-market buyer.

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