LENEXA, KAN. — Gordon Brothers has acquired the former Heartland Coca-Cola production facility in Lenexa. Heartland Coca-Cola has expanded its operations to a larger facility, and the production assets and property in Lenexa were no longer required. Gordon Brothers plans to decommission and sell the existing bottling equipment with the firm’s auction partner, New Mill Capital, followed by capital improvements to enhance the property’s marketability for future sale or lease. The machinery and equipment auction begins closing Wednesday, Nov. 12. The property includes a 186,073-square-foot building situated on nearly 9 acres with a clear height of 18 feet, 22 dock-high doors, two drive-in doors and 11,000 amps via three electrical services. Gordon Brothers has retained Kessinger Hunter to provide construction management, property management and brokerage services to re-tenant or sell the building. The building will hit the market in the coming months. The Kessinger Hunter team includes Kurt Jensen, Stewart Jensen and Dan Jensen.
Industrial
STAFFORD, TEXAS — Mester Lighting Corp. has signed a 37,090-square-foot industrial lease expansion in Stafford, a southwestern suburb of Houston. According to LoopNet Inc., the building at 10643 W. Airport Blvd. totals 62,050 square feet. Garret Geaccone and Jon Farris of Stream Realty Partners represented the landlord, Ares Management Corp., in the lease negotiations. David Buescher of JLL represented the tenant.
ACTON, MASS. — Marcus & Millichap has brokered the $5.8 million sale of a 76,251-square-foot industrial and office complex in Acton, located northwest of Boston. The complex at 930 Main St. consists of seven buildings that collectively house about 61,700 square feet of warehouse space and 14,500 square feet of office space. Luigi Lessa, Harrison Klein and Mattias Edenkrans of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction.
HOUSTON — US Elogistics Service Corp. has signed a 168,893-square-foot industrial lease in southwest Houston. According to LoopNet Inc., the building at 12631 S. Main St. was completed in 2024 as part of Post Oak Logistics Park, a two-building, 43-acre development. Jeremy Lumbreras and Garret Geaccone of Stream Realty Partners represented the landlord, Goldman Sachs, in the lease negotiations. Ivy Chen of local brokerage firm USWHSE represented the tenant.
HOUSTON — Colliers has brokered the sale of a 6.9-acre industrial outdoor storage facility in northwest Houston. The facility at 14333 Sommermeyer St. features 80,295 square feet across two buildings as well as additional outdoor storage space. Jason Tangen and Barrett Gibson of Colliers represented the undisclosed seller in the deal. C.W. Sheehan, Jack Britton, Peyton Ackerman and Nate Henderson of JLL arranged acquisition financing on behalf of the buyer, Apricus Realty Capital, which was represented by Paul Dominique of Colliers.
NEW YORK CITY — Värde Partners, a Minneapolis-based lender, has provided a $125 million loan for the refinancing of an industrial building in Brooklyn. According to LoopNet Inc. the building at 630 Flushing Ave., which sits on a 7.8-acre, three-parcel site, totals roughly 575,000 square feet. The building was originally constructed in 1849 as the headquarters of Pfizer and was 88 percent leased at the time of the loan closing. Jason Gaccione and Jake Salkovitz of CBRE arranged the three-year, floating-rate loan on behalf of the owner, an affiliate of Acumen Capital Partners LLC.
MANSFIELD, MASS. — U.S. Lumber has signed a 96,000-square-foot industrial lease in Mansfield, located south of Boston. The space is located within Francis Logistics Center, a 352,340-square-foot, rail-served development that includes 10 acres of industrial outdoor storage space. Ned Halloran and Leeanne Rizzo of regional brokerage firm Hunneman represented the landlord, Boston-based Oliver Street Capital, in the lease negotiations. Information on the tenant representative was not disclosed.
THORNTON, COLO. — JLL Capital Markets has secured $99.3 million in refinancing for 25 North, a Class A industrial complex in Thornton. Eric Tupler, John Rose and Emily Goldsberry of JLL worked on behalf of Sagard Real Estate, a subsidiary of the global alternative asset management platform Sagard, to secure a loan through a debt fund. Situated on 66.3 acres, the 936,775-square-foot industrial asset consists of nine buildings constructed between 2020 and 2024. The property features clear heights ranging from 28 feet to 32 feet, 205 dock-high doors, 34 drive-in doors and 1,770 parking spaces. The development offers flexible configurations with suite sizes ranging from 14,262 square feet to 135,000 square feet. The properties offer accommodations for both single and multi-tenant operations for warehouse, distribution and showroom uses.
PHOENIX — Conor Commercial Real Estate, along with Globe Corp. as capital partner, has won the auction for a 40-acre parcel of land at East Deer Valley Drive and North 7th Street in Phoenix. Conor won the land site with a $24.7 million bid. The company plans to develop a 453,708-square-foot industrial project with four buildings ranging from 88,512 square feet to 167,040 square feet. The buildings will be designed for light distribution, assembly or advanced manufacturing with 32- to 36-foot clear heights, a minimum of 3,000-amp electrical service for each building, oversized drive-in doors and abundant employee parking. Construction is slated to begin in early second-quarter 2026 with completion planned for late in the second quarter of 2027. McShane Construction Co. and Ware Malcomb will provide design-build services and Kimley-Horn will provide civil engineering services for the project.
JACKSONVILLE, FLA. — Miami-based Simi Capital Group has purchased a 75,000-square-foot industrial property located at 4549 St. Augustine Road in Jacksonville. The seller was a family entity that owned the property for more than 50 years. The sales price was not disclosed. Simi Capital Group is repositioning the asset into a small bay industrial park with modern suites ranging in size from 1,500 to 4,500 square feet. Upgrades will include upgraded offices, LED lighting, exterior finishes and a fully secured site with an automated gate and 24/7 camera surveillance. The park was originally developed in 1973, according to LoopNet Inc.