Industrial Archives - REBusinessOnline

Sterling Organization Nears Completion of 100,000 SF Industrial Project in The Bronx

Taylor Williams — Fri, 02 Oct 2026 14:57:07 +0000

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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JLL Brokers Sale of 81,000 SF Industrial Building in Rockaway, New Jersey

Taylor Williams — Fri, 02 Oct 2026 14:53:44 +0000

ROCKAWAY, N.J. — JLL has brokered the sale of an 81,000-square-foot industrial building in the Northern New Jersey community of Rockaway. The shallow-bay building at 385 Franklin Ave. features a clear height of 22 feet, 13 dock doors and an average suite size of 7,400 square feet. Nicholas Stefans, Jason Lundy and Luke Ceccoli of JLL represented the seller, LM Real Estate Partners, in the transaction. NorthBridge Partners acquired the facility for an undisclosed price.

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DAUM Commercial Negotiates Sale of 29,932 SF Industrial Warehouse in Santa Ana, California

Amy Works — Fri, 02 Oct 2026 14:13:00 +0000

SANTA ANA, CALIF. — DAUM Commercial Real Estate Services has negotiated the off-market sale of an industrial warehouse facility in Santa Ana. Mike Barreiro, Devin Ray, Zack Homsy, David Freitag, Ben Andrews and Sam Andrews of DAUM represented the seller and procured the buyer, a global retailer and e-commerce wholesaler of currency collectibles and numismatic supplies, in the deal. Located at 3102 W. Adams St., the freestanding buildings features 29,932 square feet of manufacturing and distribution space on 1.6 acres zoned M-1 (light industrial). The property includes 3,000 square feet of office space, 20-foot clear heights, four truck-high loading positions, two ground-level loading doors and 45 parking spaces.

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Draper and Kramer Arranges Two Loans Totaling $27.5M for Chicago-Area Multifamily, Distribution Properties

Kristin Harlow — Fri, 02 Oct 2026 13:01:00 +0000

CHICAGO AND BRIDGEVIEW, ILL. — Draper and Kramer Inc. has arranged two loans totaling $27.5 million. The transactions include a $13.5 million loan to finance the acquisition of a three-building industrial complex in Bridgeview, a southwest suburb of Chicago, and a $14 million bridge loan for a 56-unit multifamily property in Chicago’s Edgewater neighborhood. Dan Freedman and Chris Beck of Draper and Kramer’s Commercial Finance Group arranged the loans. The distribution center serves as the headquarters for Chicagoland Quad Cities Express. A joint venture between Curtis Ashton Partners and Burnham Industrial Partners was the borrower. A correspondent life insurance company provided the loan. The newly constructed multifamily property is located at 1101 W. Berwyn Ave. Draper and Kramer secured the bridge loan on behalf of the developer with a two-year initial term and an option to extend for an additional three years.

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Talonvest Capital Arranges $47.7M Permanent Loan for Texas Self-Storage Portfolio

Taylor Williams — Thu, 01 Oct 2026 15:07:11 +0000

NEWPORT BEACH, CALIF. — Talonvest Capital, a California-based intermediary, has arranged a $47.7 million permanent loan for a portfolio of six self-storage facilities in Texas. The number of units was not disclosed, but the portfolio spans more than 600,000 net rentable square feet. The facilities are located in Austin, McKinney, Frisco, Houston and Bee Cave. The borrower was a partnership between The Jenkins Organization, a Houston-based owner-operator, and Kansas-based Clark Investment Group The direct lender was not disclosed.

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Joby Aviation Signs 45,000 SF Industrial Lease in Haslet, Texas

Taylor Williams — Thu, 01 Oct 2026 14:54:17 +0000

HASLET, TEXAS — Joby Aviation Inc. (NYSE: JOBY), a manufacturer of eVTOL (electric vertical take-off and landing) aircraft for commercial passenger transportation, has signed a 45,000-square-foot industrial lease in Haslet, located north of Fort Worth. The space is located within Alliance Air Trade Center, which is part of Perot Field Fort Worth Alliance Airport. No third-party brokers were involved in the lease negotiations.

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Trammell Crow Co., Investors Break Ground on 233,335 SF Spec Industrial Development in Charlotte

John Nelson — Thu, 01 Oct 2026 13:08:12 +0000

CHARLOTTE, N.C. — Trammell Crow Co. and a consortium of investors including CBRE Japan and Mitsubishi Logistics Corp. have broken ground on Caldwell Commerce Center, a two-building, 233,335-square-foot speculative industrial development located at 6122 and 6125 Caldwell Park Drive in Charlotte. The 24-acre property will feature two rear-load buildings measuring 106,175 square feet and 127,160 square feet. Each building will feature 32-foot clear heights, build-to-suit office space and ESFR sprinkler systems. Bryan Crutcher and Alek Salfia of CBRE are the leasing agents for Caldwell Commerce Center. The design-build team includes Landmark Builders (general contractor), Seamon Whiteside (civil engineer) and 9G Studio (architect).

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Opus Completes Lease-Up of 1.6 MSF Liberty Heartland Logistics Center in Missouri

Kristin Harlow — Thu, 01 Oct 2026 12:43:08 +0000

LIBERTY, MO. — Opus has completed the lease-up of Liberty Heartland Logistics Center in the Kansas City suburb of Liberty. Opus developed and built the three-building, 1.6 million-square-foot industrial park. Recent leasing activity includes Wagner Logistics, a third-party logistics provider that leased 317,000 square feet in Building B, and Dakota Bodies, a custom utility and service truck manufacturer that leased 173,000 square feet in Building C. Opus developed Liberty Heartland Logistics Center in two phases. The first phase included an 847,475-square-foot build-to-suit distribution center for Hallmark, which began operations in the facility in March 2023. The second phase added two speculative buildings totaling 812,000 square feet. TAB USA, an international manufacturer of industrial batteries, began leasing 66,700 square feet in Building C in April 2024. Animal Health International, a global distributor of animal health products, began leasing 255,000 square feet in Building B in April 2025. Liberty Heartland Logistics Center is a joint venture between Opus and Washington Capital Management. Opus was the developer, design-builder, architect and structural engineer of record on the shell buildings and handled the tenant improvement construction for TAB USA, Animal Health and Dakota Bodies. Michael VanBuskirk, Mark Long, John Hassler and Scott Bluhm of Newmark…

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InterFace Panelists Tout Kansas City Market’s Strengths, Highlight Ways to Contain Costs

Kristin Harlow — Thu, 01 Oct 2026 12:30:00 +0000

For industrial developers and owners, Kansas City is an easy sales pitch right now. “Two years ago, we had to scrounge around [for capital partners] trying to get phone calls returned. Now, they’re calling us saying they’re ready to see what we’ve got,” said Nick Cook, a development manager with Panattoni Development Co. “You’re always trying to sell a story to these folks. And Kansas City is a pretty easy one to sell right now. When it comes to speculative development, we’re feeling bullish.” Cook’s remarks came during the developers, owners and investors panel at the InterFace Kansas City Industrial conference, which took place Tuesday, Aug. 18 at the Intercontinental Kansas City at the Plaza. Robert Ciston, a senior principal with BRR Architecture, moderated the discussion. Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. Fellow panelist Grant Harrison, executive vice president of development with VanTrust Real Estate, also expressed a bullish mindset on Kansas City and said he wants to get in front of the next wave of development. In contrast, there are some markets where Harrison does not…

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InterFace Panel: Houston Industrial Market Battles Labor, Timing Issues as Data Center, Advanced Manufacturing Projects Grow

Taylor Williams — Thu, 01 Oct 2026 11:50:00 +0000

By Taylor Williams New development within the Houston industrial market is increasingly skewing toward data centers and advanced manufacturing projects, creating new hurdles for architectural, engineering and contracting (AEC) teams to overcome in terms of labor and timing. At the annual InterFace Houston Industrial conference that took place in late August at The Briar Club and was attended by more than 200 industry professionals, Jason Cooper, president at Houston-based general contractor Arch-Con Corp., immediately cited both of these issues when asked about the biggest challenges the industry faces today. Braylie Manson, business development associate in the Houston office of Texas-based engineering firm Dunaway, moderated the conference’s design and construction panel. “The most difficult thing of the past year, excluding the past month or so, has been getting highly qualified subcontractors on board that can keep the schedules that are expected,” said Cooper. “Schedules keep accelerating; we have to turn these projects over faster and faster, so [as general contractors], we have to be very selective about which subcontractors we use to avoid delays.” Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about…

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Cushman & Wakefield Negotiates $56.6M Sale of Industrial Facility in Upper Marlboro, Maryland

John Nelson — Wed, 30 Sep 2026 14:28:31 +0000

UPPER MARLBORO, MD. — Cushman & Wakefield has negotiated the $56.6 million sale of a 202,976-square-foot industrial facility located at 8511 Pepco Place in Upper Marlboro, a suburb of Washington, D.C., in Prince George’s County. Stockbridge acquired the property from TA Realty. Jonathan Carpenter, Graham Savage, Dawes Milchling and James Check of Cushman & Wakefield represented TA Realty in the transaction. The facility features a 190-foot truck court, 26 dock doors, two drive-in doors, 218 parking spaces and approximately 75 trailer positions. The property is fully leased to Harris Co., a mechanical contractor for the data center industry. The tenant also occupies 75,000 square feet at the neighboring 8520 Pepco Place.

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Cadence McShane Completes 75,000 SF Industrial Project in Kyle, Texas

Taylor Williams — Wed, 30 Sep 2026 14:19:00 +0000

KYLE, TEXAS — General contractor Cadence McShane has completed a 75,000-square-foot industrial project in Kyle, a southern suburb of Austin. Designed by Studio 8 Architects and developed by TIG Real Estate Services, the project represents Phase I of a41-acre development known as Kyle Technology Park and consists of three 25,000-square-foot buildings. The buildings feature 35-foot clear heights and were designed to accommodate multiple users. Kyle Technology Park is ultimately planned to encompass 11 buildings totaling approximately 300,000 square feet.

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Neveon USA Signs 59,000 SF Industrial Lease Renewal, Expansion in Northeast Fort Worth

Taylor Williams — Wed, 30 Sep 2026 14:10:04 +0000

FORT WORTH, TEXAS — Neveon USA, a provider of upholstery, foam and insulation products, has signed a 59,000-square-foot industrial lease renewal and expansion in northeast Fort Worth. The space is located within Riverbend Business Park, a 32-building, 1.4 million-square-foot development. Grayson Fleitz and Matt Carthey of Holt Lunsford Commercial represented the landlord, Riverbend Properties, in the lease negotiations. The tenant representative was not disclosed, but Newmark represented Neveon in its previous lease for 50,000 square feet at the property in 2023.

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JLL Arranges $75M in Financing for Industrial Park in Medford, New York

Taylor Williams — Wed, 30 Sep 2026 13:59:45 +0000

MEDFORD, N.Y. — JLL has arranged $75 million in financing for Rechler Business District, a master-planned industrial business park in Medford, located on Long Island. Rechler Business District encompasses a newly constructed, 140,875-square-foot logistics facility that is fully leased, 9.8 acres of industrial outdoor storage (IOS) space that are also fully leased and approximately 45 acres of shovel-ready land. Peter Rotchford and Tyler Peck of JLL arranged the financing through AllianceBernstein on behalf of the owner, Rechler Equity Partners.

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Walmart Plans $300M Fulfillment Center in Metro Cincinnati

Kristin Harlow — Wed, 30 Sep 2026 13:40:15 +0000

TURTLECREEK TOWNSHIP, OHIO — Walmart Inc. plans to invest more than $300 million in a new fulfillment center in Turtlecreek Township within metro Cincinnati, creating more than 300 new jobs. REDI Cincinnati, in partnership with JobsOhio, announced the project following Walmart’s purchase of nearly 100 acres in Warren County. The new facility, located at 760 Encore Drive, will specialize in fulfilling larger, non-sortable items, including televisions, furniture and other oversized merchandise. Walmart says the facility will help it deliver more items faster while supporting the continued growth of its next-day delivery network. Walmart maintains an existing fulfillment operation at 650 Gateway Blvd. in Monroe, which employs more than 200 associates and will continue operating.

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JLL Negotiates Sale of 405-Unit Self-Storage Facility in Jefferson Valley, New York

Taylor Williams — Tue, 29 Sep 2026 14:23:22 +0000

JEFFERSON VALLEY, N.Y. — JLL has negotiated the sale of a 405-unit self-storage facility in Jefferson Valley, about 50 miles north of New York City. Built on 3.6 acres in 2022, Jefferson Valley Self Storage is a conversion of a former big box retail store that features 55,311 net rentable square feet of space. CubeSmart operates the facility, which was 87 percent occupied at the time of sale. JLL represented the seller, Columbia Pacific Advisors, in the transaction. Horizon Storage Group purchased the facility for an undisclosed price. Andover Lending, a joint venture between Andover Properties and TPG Angelo Gordon, provided acquisition financing for the deal.

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Realterm to Develop Cargo Handling Facility at Harrisburg International Airport

Taylor Williams — Tue, 29 Sep 2026 14:21:48 +0000

HARRISBURG, PA. — Realterm, a global investment manager focused on transit-oriented properties, will develop a cargo handling facility at Harrisburg International Airport that could ultimately have a footprint as big as 105,000 square feet. Developed in partnership with the Susquehanna Area Regional Airport Authority, the facility will feature 135-foot truck court depths, skylights, motion-sensor LED lighting, EV-ready infrastructure and an engineered slab capable of supporting specialized cargo needs. A tentative construction timeline was not disclosed.

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Victoria Industrial Acquires Seven-Building Portfolio in Northern Virginia for $75M

John Nelson — Tue, 29 Sep 2026 14:07:08 +0000

STERLING, HERNDON AND CHANTILLY, VA. — Victoria Industrial Properties, a real estate investment firm based in New Jersey, has acquired a seven-building industrial and flex portfolio in Northern Virginia’s Dulles Corridor for $75 million. Klein Enterprises sold the 308,656-square-foot portfolio to Victoria Industrial, which acquired the assets in partnership with Lincoln Equities Group. The portfolio represents the first acquisition for Victoria Industrial. Thomas Didio, Jason Lundy, Max Custer, Evan Parker, Craig Childs, Nazario Paragano and John Cumming of JLL arranged acquisition financing and helped facilitate an equity investment from InterVest Capital Partners. The portfolio, located in Sterling, Herndon and Chantilly, was 90 percent leased at the time of sale to tenants including Honeywell, Inova Health, Artis, Nightwing and Capital Electric.

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Rockpoint Purchases 1 MSF Industrial Campus in Chester, Virginia

John Nelson — Tue, 29 Sep 2026 14:03:39 +0000

CHESTER, VA. — Boston-based Rockpoint, along with affiliate firm Rockpoint Industrial, has acquired Richmond Trade Center, a 1 million-square-foot industrial campus in Chester, a southern suburb of Richmond. The seller and sales price were not disclosed. Rockhill, an affiliate of Rockpoint, will manage the five-building property. Built in 2015, the 119-acre campus comprises four cross-dock warehouses and one light industrial building.

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Darwin Investment Group Receives $130M Refinancing for Industrial Portfolio in Chicago, Southeast Wisconsin

Kristin Harlow — Tue, 29 Sep 2026 13:29:04 +0000

CHICAGO — Darwin Investment Group has received a $130 million refinancing for a 39-building industrial portfolio totaling more than 2 million square feet across the greater Chicago area and Southeast Wisconsin. A dedicated middle market real estate team within Wells Fargo Commercial Banking provided the financing. In conjunction with the refinancing, Darwin Investment Group principals George Cibula and Matthew Lewandowski acquired the 49 percent ownership interest held by their partners, bringing Cibula and Lewandowski’s ownership of the portfolio to 100 percent. The 39 properties are home to more than 225 tenants. Lewandowski, Erin Cibula and Patricia Liston facilitated the refinancing and ownership consolidation on behalf of Darwin. Paul Mokhatas, Anu Agarwal and Paul Crusen led the Wells Fargo team.

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