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Industrial

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DevelopmentIndustrialTexas

BCS Breaks Ground on 438,960 SF Industrial Project in Baytown, Texas

by Taylor Williams

BAYTOWN, TEXAS — Locally based developer BCS has broken ground on Grove Business Park, a 438,960-square-foot industrial project that will be located in the eastern Houston suburb of Baytown. The site spans 46 acres, and the development will feature nine buildings that will range in size from 30,000 to 120,120 square feet. Urban Cos. has been selected as the design-build firm for the project, and Altar Group will be the civil engineer. Partners Real Estate is the leasing agent. Completion is slated for the third quarter of 2026.

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IndustrialLeasing ActivityTexas

Stream Realty Partners Arranges 36,340 SF Industrial Lease Expansion in Northwest Houston

by Taylor Williams

HOUSTON — Stream Realty Partners has arranged a 36,340-square-foot industrial lease expansion at 7121 Brittmoore Road in northwest Houston. Information on the property was not available on LoopNet Inc. Garret Geaccone, Boone Smith and Jack Rathe of Stream represented the landlord, DRA Advisors, in the lease negotiations. Nile Copeland of World Wide Realty represented the tenant, ChiChi Trade.

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IndustrialLeasing ActivityTexas

Emultec Inc. Signs 18,675 SF Industrial Lease Renewal in Addison, Texas

by Taylor Williams

ADDISON, TEXAS — Emultec Inc. has signed an 18,675-square-foot industrial lease renewal in the northern Dallas metro of Addison. The provider of distribution services will remain a tenant at Building 1 at Marsh Business Park West. Brian Pafford of Bradford Commercial Real Estate Services represented the landlord, GKI Industrial LLC, in the lease negotiations. The tenant representative was not disclosed.

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Apple-Valley-One-Million-Distribution-Center-Apple-Valley-CA
CaliforniaDevelopmentIndustrialWestern

Uncommon Developers Receives Full Entitlement for 1.1 MSF Distribution Project in Apple Valley, California

by Amy Works

APPLE VALLEY, CALIF. — Los Angeles-based Uncommon Developers has received full entitlement to develop Apple Valley AV One Million Distribution Center, the first phase of a 550-acre master-planned project in Apple Valley. Additionally, the project is fully preleased. Rick John and Dan Foye of DAUM represented Uncommon in the lease negotiations. Situated on 72 acres, Apple Valley One Million Distribution Center is planned to have a total building area of 1.1 million square feet with 40-foot minimum building height, 219 dock-high doors, four ground-level doors, electric vehicle charging stations for cars and trucks and 8,000 amps of power expandable to 16,000 amps. Additionally, the project will offer office and mezzanine space and car and trailer parking. A construction timeline has not been released, but it should move quickly since entitlement is completed.

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FreeUp-Storage-Oak-Harbor-WA.jpg
DevelopmentIndustrialSelf-StorageWashingtonWestern

Spartan Investment Group Completes Self-Storage Facility in Oak Harbor, Washington

by Amy Works

OAK HARBOR, WASH. — Spartan Investment Group, along with its in-house development team Spartan Construction Management, has completed FreeUp Storage Oak Harbor, a ground-up self-storage project at 33650 State Route 20 in Oak Harbor. The 78,920-square-foot facility offers 583 units across eight buildings. FreeUp Storage, Spartan’s owned and operated brand of self-storage facilities, will manage the property.

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901-999-Vallejo-St-Denver-CO
AcquisitionsColoradoIndustrialWestern

Malman Real Estate Brokers Sale of 38,108 SF Industrial Property in Denver

by Amy Works

DENVER — Malman Real Estate has arranged the purchase of a 38,108-square-foot industrial property located at 901-999 Vallejo St. in Denver. 901-999 Vallejo LLC acquired the asset from East Prentice Denver Tech Center for $5.4 million. Taylor Roy and Jeff Geman of Malman represented the buyer in the off-market transaction. The seller was unrepresented.

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AcquisitionsIndustrialKansasMidwest

L&B Realty, Block Real Estate Acquire 624,784 SF Light Industrial Portfolio in Kansas City

by Kristin Harlow

KANSAS CITY, KAN. — L&B Realty Advisors and Block Real Estate have purchased the Kansas City Light Industrial Portfolio, a collection of seven light industrial assets totaling 624,784 square feet across three business parks in Johnson County, Kan. The portfolio’s assets are located in the Switzer, Westbrook and Brookhollow business parks, all positioned directly off I-35. Built between 1979 and 2001, the properties range from 35,901 to 155,213 square feet. The facilities feature an average clear height of 23 feet and offer both multi-tenant and single-tenant formats across 26 total suites. The portfolio is currently 87.3 percent occupied by users such as healthcare providers, manufacturing companies, distribution operations and professional services firms. Notable tenants include Manna Pro Products, HCA Healthcare, University of Kansas Hospital Authority, Siemens Corp. and Temp-Con. Ed Halaburt, Sean Devaney, Kurt Sarbaugh and Ross Bratcher of JLL represented the seller, Clarion Partners.

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DevelopmentIllinoisIndustrialMidwest

CRG Breaks Ground on 364,102 SF Industrial Development in Chicago

by Kristin Harlow

CHICAGO — CRG has broken ground on The Cubes at Roosevelt & Kostner, a two-building, 364,102-square-foot industrial campus on a 20.8-acre site at the southwest corner of Roosevelt Road and Kostner Avenue in Chicago’s North Lawndale neighborhood. Co-developed in a joint venture with Related Midwest and 548 Development, the project will transform a long-vacant site into modern logistics facilities and community amenities, with the first buildings slated for completion in third-quarter 2026. Plans call for two 182,051-square-foot Class A industrial buildings, each featuring a clear height of 36 feet. Together, the facilities will offer 54 dock-high loading doors, four drive-in doors, 323 car parking spaces and 84 trailer parking stalls. Designed by Lamar Johnson Collaborative (LJC) and Ware Malcomb, the buildings will feature ESFR sprinkler systems and are proximate to I-290. General contractor DSI, in partnership with GMA Construction Group, is leading construction. In addition to the industrial facilities, the development will include two community-focused amenities. The developers are donating two 5,000-square-foot community spaces, also designed by LJC and known as “Innovation Centers.” One building will be operated by Black Men United and the other will house the New Covenant Community Development Corp. The project also includes new public green …

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IllinoisIndustrialLeasing ActivityLee & AssociatesMidwest

Jensen-Souders Signs 105,000 SF Industrial Lease Expansion in Belvidere, Illinois

by Kristin Harlow

BELVIDERE, ILL. — Jensen-Souders and Associates, a provider of warehousing services for chemicals, rubber products and other miscellaneous products, has signed a 105,000-square-foot industrial lease expansion at 3905-3925 Morreim Drive in the Chicago suburb of Belvidere. Jeff Janda and Jeff Galante of Lee & Associates of Illinois represented the tenant, which renewed and extended its current lease of 60,000 square feet while taking an additional 45,000 square feet to occupy the entire building. Shane Van Sickle of LandMark Real Estate Group represented the landlord, STAG Industrial. Jensen-Souders’ headquarters remains in Itasca.

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Lakeside-Logistics-Center-Plant-City-Florida
FloridaIndustrialLoansNortheastPennsylvaniaSoutheastTop Stories

PCCP Provides $245.8M in Financing for Eight Industrial Buildings in Pennsylvania, Florida

by Taylor Williams

LOS ANGELES — Los Angeles-based PCCP LLC has provided $245.8 million in financing for eight industrial buildings in Pennsylvania and Florida. Six of the buildings are located in Central Pennsylvania, and the other two are located along the I-4 corridor in Florida. PCCP packaged the funds within three senior loans, proceeds of which will be used to refinance existing debt. The eight buildings are concentrated within three industrial developments. The borrower is CBRE Investment Management, and the loans were placed by Scott Lewis, Matt Ballard, Christine Dierker and Brooke Kellam of CBRE. In the first transaction, PCCP provided a $142.4 million loan for Capital Logistics Center in Middletown, Pa. The development consists of six buildings that were constructed between 1970 and 2018 and range in size from 115,890 to 400,060 square feet. Buildings feature an average clear height of 32 feet and a combined 147 dock doors, 10 drive-in doors, 649 car parking spaces and 129 trailer parking stalls. Capital Logistics Center was 92 percent leased at the time of the loan closing. In the second deal, PCCP provided a $70 million loan for Centerstate Logistics Center, a 1 million-square-foot development in Lakeland, Fla. Delivered in 2021, Centerstate Logistics Center …

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