BETHLEHEM, PA. — Ecopax LLC, a locally based manufacturer of food packaging products, will open a 104,238-square-foot industrial facility in the Lehigh Valley city of Bethlehem. The property at 1355 Easton Road will complement an existing 315,643-square-foot manufacturing and warehousing facility and will feature six new loading docks and 12 additional truck parking spaces. Local company J.G. Petrucci Co. is developing the facility. An tentative construction completion date was not announced.
ATLANTA — Atlanta-based MDH Partners has purchased a six-property, 1.5 million-square-foot industrial portfolio in the Southeast and Midwest for $165 million. John Huguenard and Trent Agnew of JLL represented the seller, LBA Logistics, in the transaction. The portfolio has an average vintage of 2017, an average clear height of 33 feet and 6.9 years of weighted average lease term remaining, with each property fully leased to a single tenant. The assets include a 69,679-square-foot property in Miami leased to Compass Group USA; a 552,700-square-foot property in Jacksonville leased to Margo Garden Products; a 246,920-square-foot property in Atlanta leased to SupplyOne; a 235,013-square-foot facility in Louisville leased to ICS AmerisourceBergen; a 68,388-square-foot property in Cincinnati leased to GE Aerospace; and a 302,880-square-foot facility in Columbus leased to Hims.
ORLANDO, FLA. — Cushman & Wakefield has brokered the $57 million sale of a 713,585-square-foot industrial facility located at 8201 Chancellor Drive in Orlando. The property was fully leased at the time of sale to CVS Health Corp. Mike Davis, Rick Colon, Rick Brugge and Dominic Montazemi of Cushman & Wakefield represented the seller, Tratt Properties, in the transaction. The buyer was Aventura, Fla.-based MG3 Group. Located in Orlando Central Park, the property features tilt-wall construction, clear heights ranging from 28 to 40 feet, 429 trailer parking spaces and 97 dock-high loading doors.
PORT WASHINGTON, WIS. — Vantage Data Centers and the Wisconsin Building Trades Council have partnered to build the previously announced Lighthouse data center campus in Port Washington, a northern Milwaukee suburb located along Lake Michigan. The $15 billion-plus, privately funded investment will require a workforce of more than 4,000 skilled construction workers over a three-year period and will rely on local union labor to the fullest extent possible. The new campus, part of OpenAI and Oracle’s Stargate expansion, will feature four data centers. Completion is slated for 2028. Once complete, Vantage and Oracle will create more than 1,000 long-term jobs and thousands more indirect jobs. Lighthouse is designed to preserve local resources, support new clean energy resources and advance environmental stewardship.
DALLAS — Global development and investment firm Matthews has acquired a 2 million-square-foot distribution center located just south of downtown Dallas. The site at 1600 Roe St. spans 38.5 acres, and the facility formerly housed the distribution operations of Sears Roebuck and was later rebranded as Cedars Commerce Center. Most recently, LBA Logistics occupied the property. David Davidson Jr. and Jake Milner of Davidson Bogel Real Estate brokered the sale. The seller and sales price were not disclosed. Matthews did not disclose future plans for the property.
TAMPA, FLA. — Cushman & Wakefield has negotiated the sale of Crossroads Logistics Park, a 58,849-square-foot industrial facility located at 5231 Crossroads Park Drive on Tampa’s east side. Delivered in 2025, the small-bay building is 67 percent leased, with roughly 26,946 square feet still available for lease. Crossroads Logistics Park features tilt-wall construction, 28-foor clear heights, spec office build-outs, 22 dock-high doors, two drive-in doors, ESFR sprinklers and five trailer parking stalls. Rick Brugge, Mike Davis, Rick Colon and Dominic Montazemi of Cushman & Wakefield represented the seller, Arrow Capital, in the transaction. The buyer was Clarion Partners. The sales price was not disclosed.
GRAND PRAIRIE, TEXAS — NAI Robert Lynn and Northmarq have brokered the sale of a portfolio of 16 small-bay industrial buildings totaling roughly 256,000 square feet in Grand Prairie, located roughly midway between Dallas and Fort Worth. The buildings are situated across three industrial parks at 2100 S. Great Southwest Parkway, 2601 Aero Drive and 605 E. Palace Parkway. Jeff Jackson of NAI Robert Lynn, alongside Northmarq’s David Annett and Joe Habighorst, represented the buyers, Florida-based Thematic Capital Group and Texas-based Dray Investments, in the deal. The seller and sales price were not disclosed.
HUNTERSVILLE, N.C. — Colliers has arranged a 223,358-square-foot lease at 77 Beltway Industrial Park, a two-building manufacturing and distribution facility located in Huntersville, about 12 miles north of Charlotte. The tenant, national office furniture wholesaler and distributor COE Distributing Inc., will occupy Building A, which comprises 506,513 square feet and includes 34-foot clear heights, 51 dock-high doors, four grade-level doors, 133 trailer parking spaces, 185-foot truck court depths and 3,753 square feet of office space. The second building, referred to as Building C, spans 315,896 square feet. Lawrence Shaw, Justin Smith, Rob Speir and Phoebe Dinga of Colliers represented the landlord, Cabot Properties, in the lease negotiations. Cabot Properties originally acquired the 821,260-square-foot logistics portfolio from the developer, Strategic Capital Partners LLC.
NEW JERSEY — EQT Real Estate has purchased a portfolio of 11 industrial buildings totaling 893,625 square feet in Northern New Jersey. Known as the New Jersey Value-Add Industrial Portfolio, the collection of buildings is located between Exits 2 and 14 off the New Jersey Turnpike. The portfolio was fully leased at the time of sale and has a weighted average remaining lease term of about four years. John Plower, Ryan Cottone, Nicholas Stefans and Jason Lundy of JLL represented the undisclosed, institutional seller in the transaction. The sales price was also not disclosed.
PHOENIX — ViaWest Group and Barings have received $107 million in construction financing for ReDiscover Logistics Park, an industrial development located at 2402 W. Beardsley Road in Phoenix. Kevin MacKenzie, Jason Carlos and Lilley Kroll of JLL Capital Markets arranged the loan through a life insurance company. Situated on 43.5 acres, ReDiscover Logistics Park will offer 808,448 square feet of industrial space spread across four individual buildings ranging from 189,280 square feet to 212,000 square feet with clear heights of 32 to 36 feet, designed to accommodate a diverse range of manufacturing and distribution tenants. The development will incorporate flexible space configurations, a 200-foot shared truck court depth, FM Global compliant sprinkler systems and 980 parking spaces. Construction is underway, with completion slated for first-quarter 2027.