Industrial Archives - REBusinessOnline

Marcus & Millichap Brokers Sale of 299-Unit Self-Storage Facility in Crowley, Texas

Taylor Williams — Fri, 11 Sep 2026 15:05:54 +0000

CROWLEY, TEXAS — Marcus & Millichap has brokered the sale of Crowley Space Station, a 299-unit self-storage facility located south of Fort Worth. The site spans 5.2 acres, and the facility offers drive-up units, covered parking and uncovered parking spaces for a total of 64,210 net rentable square feet. Brandon Karr of Marcus & Millichap represented the seller, a local owner-operator, in the transaction, and procured the buyer, a California-based private investor. Both parties requested anonymity.

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Sansone Group Delivers 269,700 SF Industrial Building in Midlothian, Texas

Taylor Williams — Fri, 11 Sep 2026 15:04:33 +0000

MIDLOTHIAN, TEXAS — St. Louis-based developer Sansone Group has delivered Palmer Logistics, a 269,700-square-foot industrial project located in the southern Dallas suburb of Midlothian. The facility, which is situated on a 26.5-acre site, is a build-to-suit for Houston-based chemicals manufacturer Palmer International and will be used for hazardous materials storage and distribution. ARCO/Murray served as the general contractor for the project, construction of which began in August 2025.

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Oxford Partners Negotiates 10,709 SF Industrial Lease Renewal, Expansion in Northwest Houston

Taylor Williams — Fri, 11 Sep 2026 15:02:35 +0000

HOUSTON — Locally based brokerage firm Oxford Partners has negotiated a 10,709-square-foot industrial lease renewal and expansion in northwest Houston. According to LoopNet Inc., the building at 8901 Jameel Road was constructed in 1980 and totals 47,510 square feet. Sam Marnoy and Matt Rogers of Oxford Parters represented the tenant, Contract Mover Services, in the lease negotiations. Jack Rathe and Natalie Gilbert of Stream Realty Partners represented the landlord, Dallas-based Bleecker Partners.

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STRO Cos., KRE Group Acquire 120,000 SF Industrial Portfolio in Elmwood Park, New Jersey

Taylor Williams — Fri, 11 Sep 2026 14:43:54 +0000

ELMWOOD PARK, N.J. — A partnership between two locally based investment firms, The STRO Cos. and KRE Group, has acquired a portfolio of three industrial buildings totaling approximately 120,000 square feet in the Northern New Jersey community of Elmwood Park. The buildings are situated on a combined 7.4 acres at the intersection of I-80 and the Garden State Parkway. Both buildings feature clear heights of 20 feet. The partnership plans to reposition one of the buildings to support industrial outdoor storage use. IDB financed the acquisition. The seller and sales price were not disclosed.

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PSRS Arranges $6.3M Refinancing for Self-Storage Facility in Provo, Utah

Amy Works — Fri, 11 Sep 2026 13:50:45 +0000

PROVO, UTAH — PSRS has arranged $6.3 million in refinancing for a self-storage facility in Provo. The 130,510 rentable square-foot property offers 725 self-storage units that were 65 percent occupied at the time of refinancing. William DeFanti of PSRS secured the financing, which delivers significant cash-out proceeds alongside a 30-year amortization schedule. The borrower was undisclosed.

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Joint Venture Delivers 686,400 SF Speculative Industrial Park in Buford, Georgia

Abby Cox — Fri, 11 Sep 2026 13:15:33 +0000

BUFORD, GA. — A joint venture between Trammell Crow Co. and a consortium led by CBRE Japan has delivered Buford Creek Business Center, a three-building, 686,400-square-foot speculative industrial park located in Buford, a northeast suburb of Atlanta in Gwinnett County. Building 100 at Buford Creek Business Center is a 349,440-square-foot cross-dock warehouse with 40-foot clear heights and 64 trailer parking spaces. Buildings 200 and 300, which are both rear-load buildings, each total 168,400 square feet and include 36-foot clear heights with 40 and 24 trailer parking spots, respectively. Todd Barton, Mark Hawks, Joanna Blaesing and Matt Higgins of CBRE are leasing the project on behalf of ownership. The project team included architect Atlas Collaborative and general contractor The Conlan Co.

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Pattillo Breaks Ground on 262,880 SF Industrial Facility in Huntsville

Abby Cox — Fri, 11 Sep 2026 13:14:27 +0000

HUNTSVILLE, ALA. — Pattillo Industrial Real Estate has broken ground on Greenbrier Commerce Center, a new 262,880-square-foot industrial development in Huntsville. The Atlanta-based development firm plans to deliver the facility in August 2027. Tripp Alexander, Joe Azar and Miller Conaway of Colliers will lead leasing and marketing efforts for the development. Situated near the Port of Huntsville, Greenbrier Commerce Center will be able to accommodate single or multiple users, with spaces ranging in size from 50,000 to 262,880 square feet. Upon completion, the facility will feature 32-foot clear heights, 46 dock-high doors, two drive-in doors, 156 car parking spaces and 65 off-dock trailer spaces, along with ESFR fire protection, clerestory windows and concrete tilt-panel construction. The development will also provide an adjacent build-to-suit site of up to 254,200 square feet. Planned to be pad-ready in 2027 as part of the initial development, the site will offer users the flexibility to accommodate future expansion or pursue a facility tailored to their specific operational requirements.

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Marcus & Millichap Brokers Sale of 382-Unit Self-Storage Facility in Lake Jackson, Texas

Taylor Williams — Thu, 10 Sep 2026 14:13:39 +0000

LAKE JACKSON, TEXAS — Marcus & Millichap has brokered the sale of Brazos E-Z Storage, a 382-unit self-storage facility in Lake Jackson, about 55 miles south of Houston. Built on 3.4 acres in 1974, the facility offers climate-controlled and drive-up storage units, as well as outdoor parking spaces, for a total of 44,178 net rentable square feet. Dave Knobler, Charles LeClaire, Adam Schlosser and Mixson Staffel of Marcus & Millichap represented the Houston-based seller in the transaction and procured the Michigan-based buyer. Both parties requested anonymity.

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Foundry Commercial to Develop 192,000 SF Industrial Project in Fort Worth

Taylor Williams — Thu, 10 Sep 2026 14:06:18 +0000

FORT WORTH, TEXAS — Orlando-based Foundry Commercial will develop Gemini Logistics Center, a 192,000-square-foot industrial project in Fort Worth. The address was not disclosed, but the 15-acre site is located along the I-35 corridor in the Meacham submarket on the city’s north side. Gemini Logistics Center will be a two-building development, with both structures featuring rear-load configurations and dock-high loading areas. A construction timeline was not disclosed.

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Prologis to Develop 1 MSF Logistics Facility in Minooka, Illinois

Kristin Harlow — Thu, 10 Sep 2026 13:33:11 +0000

MINOOKA, ILL. — Prologis has acquired 69 acres in Minooka within Chicago’s I-80 submarket with plans to develop Minooka Exchange, a 1 million-square-foot logistics facility. The single-story, cross-dock building will feature a clear height of 40 feet, 290 car parking spaces and an 185-foot truck court. The site is adjacent to Canadian National Railway’s Chicago Logistics Hub, which is under construction. Prologis expects to break ground in the coming weeks.

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Matthews Negotiates Sale of 513-Unit Self-Storage Facility in State College, Pennsylvania

Taylor Williams — Thu, 10 Sep 2026 13:31:46 +0000

STATE COLLEGE, PA. — Nashville-based brokerage firm Matthews has negotiated the sale of a 513-unit self-storage facility in State College, home of Penn State University, and the facility is located about four miles from campus. State College Storage is a newly constructed facility that features climate-controlled and drive-up units for a total of 58,800 net rentable square feet. Austin McLeod and Jack Connelly of Matthews represented the seller, an undisclosed private developer, in the transaction. U-Haul purchased State College Storage for an undisclosed price.

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Cedar Rapids: An Unparalleled Midwest City

Kristin Harlow — Thu, 10 Sep 2026 12:49:00 +0000

By Scott Olson As I look back over the last 12 months since my August 2025 Cedar Rapids update, the resilience of this city to adapt despite high interest rates, tariffs and a Middle East conflict is second to none. Our city council priorities have remained unchanged: • Housing options and affordability • Strengthen and stabilize neighborhoods • Clean and safe city • Recreational and cultural amenities • Homelessness • Flood control system The economic growth highlighted in this report is matched by city efforts in all the priority areas. Our current national rankings reflect these successes: • No. 3 Best Place to Live in the Midwest (SpaceWise, 2026) • No. 3 City with the Most Affordable Rent (WalletHub, 2026) • No. 5 Midwest City for a Peaceful Retirement (lnvestopedia, 2026) • No. 11 Most Affordable Small City to Buy a Home (WalletHub, 2026) • No. 16 Best City to Buy a House in America (Niche.com, 2026) • No. 19 Safest City in Americas (WalletHub, 2026) — ranked across key dimensions, including home and community safety and natural disaster risk and financial safety • No. 22 Best Run City in the U.S. (WalletHub, 2025) • No. 30 City with the…

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Lightstone Capital Provides Loan for Refinancing of Metro Houston Industrial Building

Taylor Williams — Wed, 09 Sep 2026 15:22:14 +0000

CHANNELVIEW, TEXAS — Lightstone Capital, the debt financing arm of New York City-based Lightstone Group, has provided a loan of an undisclosed amount for an industrial building in Channelview, an eastern suburb of Houston. According to LoopNet Inc., the building at 300 S. Sheldon Road was built in 2003 and totals 180,000 square feet. Elias Haddad led the transaction for Lightstone, which closed the deal in conjunction with two other debt originations for multifamily properties in Southern California that totaled $70 million across all three loans. The borrower was not disclosed.

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ICP Acquires 680,000 SF Industrial Campus in Shrewsbury, Massachusetts

Taylor Williams — Wed, 09 Sep 2026 14:42:45 +0000

SHREWSBURY, MASS. — Industrial Commercial Properties (ICP) has acquired a 680,000-square-foot industrial campus in Shrewsbury, located in Worcester County. The development at 65 Chestnut St. consists of two buildings that were built in the 1980s. According to LoopNet Inc., the buildings feature clear heights of roughly 21.5 to 28.5 feet. In addition, the campus has the electrical capacity to support up to 15 megawatts of power. ICP plans to reposition the campus to support manufacturing usage and has already received zoning approval for that initiative. The seller and sales price were not disclosed.

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Cowboy Space Leases 291,035 SF Industrial Facility in Kent, Washington for Production Site

Amy Works — Wed, 09 Sep 2026 14:32:36 +0000

KENT, WASH. — Cowboy Space, an aerospace and advanced manufacturing firm, has leased a 291,035-square-foot facility at 7650 S. 228th St. in Kent, a suburb 20 minutes south of Seattle, from CenterPoint. Thad Mallory and Taylor Hoff of Newmark represented the landlord in the transaction. Cowboy Space will transform the asset into a specialized advanced manufacturing operation supporting space and rocket development, adding approximately 300 jobs to the region’s aerospace industry. The project will include significant tenant and landlord-funded capital improvements, including new office construction, power and ventilation upgrades, enhanced security measures and flooring improvements. Most recently occupied by Costco, the property was originally developed as a distribution facility.

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Basis Industrial Buys Land in Surprise, Arizona for Development of 707-Unit Self-Storage Facility

Amy Works — Wed, 09 Sep 2026 14:31:01 +0000

SURPRISE, ARIZ. — Basis Industrial, a privately held and vertically integrated real estate owner and operator based in Delray Beach, Fla., has acquired a land parcel at 17140 W. Waddell Road in Surprise for the development of a self-storage facility. Additionally, Basis Industrial closed on a $20.5 million construction loan for the project. NexBank and NexPoint provided the construction financing. The development will encompass approximately 102,673 square feet with 707 climate-controlled storage units upon completion. Construction is expected to begin later this year, with completion and opening slated for fall 2027. The project will be situated within the Truman Ranch master-planned community, including more than 600 new apartment units.

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Amazon Occupies 312,474 SF Industrial Building in Romulus, Michigan

Kristin Harlow — Wed, 09 Sep 2026 14:23:33 +0000

ROMULUS, MICH. — Amazon has moved into Building 4 at Romulus Trade Center in Michigan. Contegra Construction completed the 312,474-square-foot industrial building on behalf of NorthPoint Development. The property was completed in June after a seven-month construction process and joins five other buildings in the industrial park, which is located on the other side of I-94 from Detroit Metropolitan Wayne County Airport. Built on a speculative basis, the property features rear-loading and cross-docked options, LED lighting and 45,000-pound dock levelers. Prior to completing Building 4, Contegra began construction on Building 6 in the same development. The 282,909-square-foot, single-load building is slated for completion in November. Romulus Trade Center is slated to total nearly 2 million square feet across six buildings. The development will also include a 27-acre retail corridor, including Michigan’s first Sheetz convenience store and a Tesla Supercharger station. Contegra worked with subcontractors D&R Earth Moving, B&B Concrete Placement, Southern Roots Steel Erectors and Daniel’s Glass.

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Stone Bridge Investment Group Acquires 135,303 SF Industrial Portfolio Near Akron, Ohio

Kristin Harlow — Wed, 09 Sep 2026 14:22:06 +0000

JACKSON TOWNSHIP, OHIO — Stone Bridge Investment Group has acquired a two-building industrial portfolio at 7774 and 7810 Whipple Ave. NW in Jackson Township, south of Akron. The properties total 135,303 square feet. Landon Williams and Ryan Thomas of Cushman & Wakefield Commercial Advisors and George Pofok, Eliiot Kijewski and Cole Sorenson of Cushman & Wakefield CRESCO Real Estate represented the seller, Industrial Commercial Properties. Christopher Tichio of Alexander Summer represented the buyer.

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Davis Cos., Intersect to Develop 462,000 SF Industrial Facility in Gastonia, North Carolina

John Nelson — Wed, 09 Sep 2026 14:09:00 +0000

GASTONIA, N.C. — A joint venture between The Davis Cos. and Intersect Development Group has plans to develop a 462,000-square-foot industrial facility located at 2550 Jenkins Dairy Road in Gastonia, a western suburb of Charlotte along I-85. The cross-dock building, which can accommodate logistics or manufacturing users, will feature 40-foot clear heights, 100 dock doors, 215 trailer parking spaces, 328 auto parking spaces, ESFR sprinkler system and a secured truck court. Davis and Intersect plan to deliver the project in January 2027.

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Marcus & Millichap Arranges $10M Sale of Manufacturing Facility in Baltimore

John Nelson — Tue, 08 Sep 2026 14:04:10 +0000

BALTIMORE — Marcus & Millichap has arranged the nearly $10 million sale of a single-tenant manufacturing facility located at 6901 Rolling Mill Road in Baltimore. Dejana Truck & Utility Equipment has occupied the facility for the past 21 years. Built in 1967 near the Port of Baltimore, the 6.4-acre property features a 75,000-square-foot facility with warehouse space, 6,730 square feet of offices and two acres of industrial outdoor storage. The facility features 20-foot clear heights, 110 parking spaces, six drive-in doors and four loading docks. Bryn Merrey and John Faus of Marcus & Millichap represented the seller, a Maryland-based private investment company in the transaction, and procured the buyer, a New York-based, institutionally backed investment fund. Both parties requested anonymity.

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