Tuesday, November 11, 2025
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Industrial

Mosielee-Commerce-Park-Houston
DevelopmentIndustrialTexas

PAGEWOOD Breaks Ground on 429,698 SF Spec Industrial Project in Northwest Houston

by Taylor Williams

HOUSTON — Locally based developer PAGEWOOD has broken ground on Mosielee Commerce Park, a 429,698-square-foot speculative industrial project in northwest Houston. Located at 12020 State Highway 24, the 32-acre development will consist of a 274,766 square-foot, cross-dock building and a 154,932-square-foot, front-load building. Powers Brown Architecture is designing Mosielee Commerce Park, which is slated for an mid- to late-2025 completion. CBRE arranged construction financing for the project, and JLL has been retained as the leasing agent.

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Slover-Elm-Commerce-Fontana-CA
AcquisitionsCaliforniaIndustrialWestern

Brookfield Divests of 192,794 SF Slover & Elm Commerce Center in Fontana, California

by Amy Works

FONTANA, CALIF. — Brookfield has sold Slover & Elm Commerce Center, a Class A industrial facility at 15521 Slove Ave. in Fontana, to TA Realty for an undisclosed price. Constructed in 2022, the 192,794-square-foot Slover & Elm Commerce Center offers 23 dock-high doors, a clear height of 32 feet and a secure 182-foot truck court with ample truck and car parking. At the time of sale, the property was fully leased. Joe Cesta, Barbara Perrier, Eric Cox, Josh Hayes and Eloy Covarrubias of CBRE represented the seller in the deal.

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AcquisitionsArizonaIndustrialOfficeWestern

Cushman & Wakefield | PICOR Negotiates $3.8M Sale of Commercial Building in Tucson

by Amy Works

TUCSON, ARIZ. — Cushman & Wakefield | PICOR has arranged the sale of a flex building located at 1455 W. River Road in Tucson. Escalante Concrete Construction Inc. acquired the asset from 1455 River Rd LLC for $3.8 million. The 20,000-square-foot building was originally built for ITT Technical Institute. Greg Furrier and Natalie Furrier of Cushman & Wakefield | PICOR represented the seller, while Max Fisher of BRD Realty represented the buyer in the deal.

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IndustrialLeasing ActivityTexas

Time Manufacturing Holdings Signs 29,974 SF Industrial Lease in New Caney, Texas

by Taylor Williams

NEW CANEY, TEXAS — Time Manufacturing Holdings has signed a 29,974-square-foot industrial lease in New Caney, a northeastern suburb of Houston. The producer of vehicle-mounted aerial lifts is taking space at the building at 22218 McCleskey Road, which according to LoopNet Inc. was constructed in 2023. Carry Latham and Jax Rawlinson of Stream Realty Partners represented the landlord, Nickers Interests Inc., in the lease negotiations. Joseph Berwick of JLL represented the tenant.

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AcquisitionsIndustrialLoansRetailSouth CarolinaSoutheast

CBRE Arranges Acquisition Financing for 307,492 SF Industrial Portfolio in North Charleston

by John Nelson

NORTH CHARLESTON, S.C. — CBRE has arranged $29 million in acquisition financing for a two-building industrial portfolio in North Charleston totaling 307,492 square feet. The properties include a 60,640-square-foot facility at 4275 Arco Lane and a 246,852-square-foot property at 4750-4760 Goer Drive. The borrower, Miami-based COFE Properties, purchased the buildings for $48.3 million. Brian Linnihan, Mike Ryan, Richard Henry and J.P. Cordeiro of CBRE’s Atlanta office arranged the fixed-rate loan, which features interest-only payments for the full five-year term, through Nuveen Real Estate. The two buildings were fully leased at the time of financing to tenants including Carrier Enterprises, Perfect 10 Distribution, College of Charleston and Beers Millwork.

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AcquisitionsIndustrialTexas

IRG Acquires 221,879 SF Manufacturing Facility Near Port Houston

by Taylor Williams

HOUSTON — Industrial Realty Group (IRG) has acquired a 221,879-square-foot manufacturing facility located at 16730 Jacintoport Blvd. near Port Houston. The site spans 21 acres and includes multiple structures with barge docks, nine cranes, 10 acres for outdoor storage or expansion and 800 feet of frontage along the Houston Ship Channel. The facility was roughly 60 percent leased at the time of sale. The seller and sales price were not disclosed.

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IndustrialLoansNew JerseyNortheast

JLL Arranges $10.3M Construction Loan for Northern New Jersey Industrial Project

by Taylor Williams

SOMERSET, N.J. — JLL has arranged a $10.3 million construction loan for a 76,200-square-foot industrial project in the Northern New Jersey community of Somerset. The facility will be located on a 7.5-acre site at 485 Elizabeth Road and will be developed on a speculative basis. Building features will include a clear height of 40 feet, 10 dock doors, one drive-in door, 36 car parking spaces and 135-foot truck court depths. Jon Mikula, Jim Cadranell and John Cumming of JLL placed the loan with Wintrust Bank on behalf of the developer, Bridge Logistics Properties.

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Trojan-Storage-San-Jose-CA
CaliforniaIndustrialLoansSelf-StorageWestern

Gantry Secures $70M in Refinancing for Four Trojan Storage Properties in California

by Amy Works

SAN JOSE, CAMPBELL, RANCHO CORDOVA AND CAMARILLO, CALIF. — Gantry has secured a $70 million structured permanent loan to retire existing construction/bridge debt and recapitalize four recently completed developments/value-add self-storage facilities in Southern and Northern California. The four properties, which are currently undergoing initial lease-ups, include Trojan Storage San Jose, Trojan Storage Campbell, Trojan Storage Rancho Cordova and Trojan Storage Camarillo. Andy Bratt, Amit Tyagi and Sean Kuang of Gantry represented the borrower, Trojan Storage. The loan, which was secured through one of Gantry’s life company relationships, features a fixed rate with a lengthy interest-only period during the term.

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Crow-Holdings-at-I-95
IndustrialLeasing ActivityNortheastPennsylvania

Martin Brower Signs 147,000 SF Industrial Lease in Northeast Philadelphia

by Taylor Williams

PHILADELPHIA — Martin Brower has signed a 147,000-square-foot industrial lease in northeast Philadelphia. The provider of supply chain and logistics solutions is taking space at Crow Holdings at I-95, a project that is under construction on a 14.4-acre site at 14515 McNulty Road. Jonathan Springer, Andrew Green and Mike Barker of CBRE represented the tenant in the lease negotiations. Brad Boone and Brian McCurdy of Colliers represented Crow Holdings Development.

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Surprise-Pointe-Commerce-Center-Surprise-AZ
ArizonaDevelopmentIndustrialWestern

Rockefeller Group Completes 418,400 SF Distribution Center in Surprise, Arizona

by Amy Works

SURPRISE, ARIZ. — Rockefeller Group has completed the construction of Surprise Pointe Commerce Center, a distribution center on 24 acres in Surprise. The 418,400-square-foot property can accommodate one to four tenants and offers a clear height of 36 feet, 80 dock doors, a 190-foot truck yard, 103 truck trailer parking stalls, 466 auto-parking stalls and custom-designed office space. The project team included Ware Malcomb, Layton Construction and Hunter Engineering. Cooper Fratt and John Werstler of CBRE are marketing the project for lease or sale.

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