Sunday, June 22, 2025
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Industrial

AcquisitionsIndianaIndustrialMidwest

CBRE Brokers $5.2M Sale of Industrial Building in South Indianapolis

by Kristin Harlow

INDIANAPOLIS — CBRE has brokered the sale of a 34,000-square-foot industrial building in Indianapolis for $5.2 million. Located at 5150 Elmwood Ave. and renovated in 2023, the property features a clear height of 22 feet, nine dock doors, 138 auto parking spaces and outdoor storage. Cinderella, a wholesale distributor of pool supply products, leases the facility. Kevin Foley, Austin Wolitarsky, Anthony DeLorenzo, Nick Busch and Terry Busch of CBRE Investment Properties represented the undisclosed seller. The asset sold to a high-net-worth buyer from California at a cap rate of 5.8 percent.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLeasing ActivityTexas

Western Pacific Building Materials Signs 101,900 SF Industrial Lease in Irving

by Taylor Williams

IRVING, TEXAS — Western Pacific Building Materials has signed a 101,900-square-foot industrial lease at Prologis Freeport Distribution Center Building 2 in Irving. According to LoopNet Inc., the building, which was constructed on 10.6 acres in 1985 and renovated in 1998. Joe Santaularia of Bradford Commercial Real Estate Services represented the tenant in the lease negotiations. Jeremy Kelly of Stream Realty Partners, along with internal agent Mitchell Pruitt, represented Prologis. The 227,394-square-foot building is now fully leased.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialMichiganMidwest

Friedman Negotiates $3M Sale of Industrial Property in Mount Clemens, Michigan

by Kristin Harlow

MOUNT CLEMENS, MICH. — Friedman Real Estate has negotiated the $3 million sale of a 42,385-square-foot industrial property in Mount Clemens, about 25 miles north of Detroit. The facility is located at 200 Elizabeth St. Zach Cummings of Friedman represented the seller, which completed a liquidation of its assets. The buyer was a local fabrication company, which will be relocating its operations.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentIndustrialTexas

MDH Partners Delivers 215,912 SF Industrial Project Near Austin Airport

by Taylor Williams

AUSTIN, TEXAS — MDH Partners has delivered 71 Logistics Center, a 215,912-square-foot industrial project located near Austin-Bergstrom International Airport. The Atlanta-based development and investment firm acquired the 45-acre site last summer, and the rear-load facility is divisible to 72,000 square feet. Building features include 32-foot clear heights, 185-foot truck court depths, 2,640 square feet of office space and parking for 142 cars (expandable to 262) and 54 trailers. ARCO Design/Build served as the general contractor for the project. JLL is the leasing agent.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialMarylandSoutheast

CBRE Negotiates $140.5M Sale of East Baltimore Industrial Portfolio

by John Nelson

BALTIMORE — CBRE has negotiated the $140.5 million sale of Baltimore Crossroads, a six-building industrial portfolio totaling nearly 900,000 square feet in Baltimore’s East industrial submarket. EQT Exeter purchased the portfolio, which was 97 percent leased at the time of sale. Bo Cashman and Jonathan Beard of CBRE represented the undisclosed seller in the transaction. The assets within the Baltimore Crossroads portfolio are situated on nearly 200 acres along the I-95 corridor near the Port of Baltimore. Located at 1405, 1409 and 1411 Tangier Drive and 11501, 11503 and 11505 Pocomoke Court, the buildings range in size between 42,275 and 435,490 square feet.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialMidwestOhio

DWG Capital Partners Acquires 75,906 SF Industrial Facility in Columbus, Ohio

by Kristin Harlow

COLUMBUS, OHIO — DWG Capital Partners has acquired a 75,906-square-foot industrial facility in Columbus for an undisclosed price in a sale-leaseback transaction with Buckeye Shapeform. The property at 555 Marion Road features three dock doors and clear heights ranging from 12 to 25 feet. Phil DiGennaro and Dorothy Lee of Stream Capital Partners represented Buckeye Shapeform, a manufacturer whose specialties include custom fabrication of metal and plastic instrument enclosures, instrumentation and novelty cans as well as precision deep draw metal.

Continue Reading
FacebookTwitterLinkedinEmail
Stream-Data-Centers-San-Antonio
Data CentersDevelopmentIndustrialTexas

Stream Breaks Ground on 135-Acre Data Center Campus in West San Antonio

by Taylor Williams

SAN ANTONIO — The Dallas-based data center development arm of Stream Realty Partners has broken ground on a 135-acre hyperscale campus in San Antonio. The site is located near the junction of West Military Drive and Loop 1604 on the city’s west side and can support the development of up to five buildings totaling more than 1.5 million square feet. At full build-out, the facility will have a 200-megawatt capacity. Construction of the first 300,000-square-foot building is underway and is expected to be available for occupancy in the second quarter of next year. Multiple tenants that have requested anonymity have already committed to the project.   

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentFloridaIndustrialSoutheast

BBX Logistics, FRP Development to Build 182,000 SF Industrial Park in Davie, Florida

by John Nelson

DAVIE, FLA. — BBX Logistics Properties has formed a joint venture with FRP Development Corp. to develop The Park at Davie, a two-building industrial park in South Florida spanning 182,000 square feet. Located just south of State Road 84, the 11.3-acre project is situated near Fort Lauderdale-Hollywood International Airport and Port Everglades, as well as the Florida Turnpike and I-595. The co-developers plan to break ground on The Park at Davie in the fourth quarter and complete construction in 2025. The duo is also partnering on the development of The Park at Lakeland in Lakeland, Fla.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsDevelopmentIndianaIndustrialMidwest

John Deere Purchases 234 Acres in Northwest Indiana, Plans to Build 1.2 MSF Warehouse

by Kristin Harlow

LOWELL, IND. — John Deere has purchased 234 acres of land in Lowell, a city in northwest Indiana, for $7 million. The company plans to build a 1.2 million-square-foot warehouse and distribution facility. Nancy Frigo and Nicholas Smith of Coldwell Banker Commercial Realty represented the seller, Hallmark Construction Co. Venture One will serve as the developer for the project, which is expected to create approximately 1,200 union construction jobs and 400 to 500 permanent positions upon completion. The project site, located at the southwest corner of I-65 South and Route 2, has gas, sewer and water availability.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIllinoisIndustrialMidwestSelf-Storage

Newmark Brokers $1.6M Sale of Self-Storage Portfolio in Illinois

by Kristin Harlow

FARMINGTON AND CANTON, ILL. — Newmark has brokered the $1.6 million sale of a self-storage portfolio in Farmington and Canton, about 25 miles west of Peoria. The four-building portfolio totals 35,650 square feet and includes a primary facility as well as three satellite buildings. Kris Parker of Newmark represented the seller, Simple Self Storage LLC, and the buyer, Prime Space Storage LLC.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts