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Industrial

Barker-Cypress-Distribution-Center-Houston
AcquisitionsIndustrialTexas

Colliers Brokers Sale of 142,100 SF Industrial Building in Metro Houston

by Taylor Williams

CYPRESS, TEXAS — Colliers has brokered the sale of Barker Cypress Distribution Center, a 142,100-square-foot industrial building located on the northwestern outskirts of Houston. The building sits on 12 acres and features 32-foot clear heights, 3,574 square feet of office space and parking for 124 cars and 25 trailers. At the time of sale, Barker Cypress Distribution Center was fully leased to building materials supplier 84 Lumber. Lizzy Blake led the Colliers team that represented the seller, Molto Properties, in the transaction and procured a California-based limited liability company as the buyer.

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IndustrialLeasing ActivityTexas

Bradford Negotiates 25,445 SF Industrial Lease Renewal in Lewisville, Texas

by Taylor Williams

LEWISVILLE, TEXAS — Bradford Commercial Real Estate Services has negotiated a 25,445-square-foot industrial lease renewal in the northern Dallas suburb of Lewisville. The space is located within Building 4 of the 772,000-square-foot Creekside 121 development. Joe Santaularia of Bradford represented the tenant, Atlanta-based Alpha Insulation & Waterproofing Inc., in the lease negotiations. Bob Hagewood and Eric Crutchfield of Stream Realty Partners represented the landlord, Mississippi-based EastGroup Properties.

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IndustrialLeasing ActivityNew JerseyNortheast

CBRE Arranges 285,362 SF Industrial Lease in Dayton, New Jersey

by Taylor Williams

DAYTON, N.J. — CBRE has arranged a 285,362-square-foot industrial lease in Dayton, about 20 miles north of Trenton. The tenant, global logistics and fulfillment company Staci Group, is consolidating several locations into a single facility at 10 Sigle Lane. The newly constructed, single-tenant building features a clear height of 40 feet, 36 loading doors, an ESFR sprinkler system and 4,185 square feet of office space. Chad Hillyer, Kevin Dudley, Nicholas Klacik and Kate Granahan of CBRE represented Staci Group in the lease negotiations. Heller Industrial Parks Inc. owns the property.

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AcquisitionsIndustrialNevadaWestern

Colliers Brokers $27.8M Acquisition of Industrial Facility in Henderson, Nevada

by Amy Works

HENDERSON, NEV. — Colliers has negotiated the purchase of The Henderson Gateway Industrial Facility in Henderson, a suburb southeast of Las Vegas. An undisclosed buyer acquired the asset for $27.8 million. The name of the seller was not released. Brian Riffel and Tyler Jones of Colliers represented the buyer in the transaction. Located at 1735 Chaparral Road, the 98,023-square-foot property features 11 dock loading doors, two grade-access doors, an ESFR fire suppression system with a diesel pump, 91 surface parking spaces and 2,530 square feet of HVAC office space.

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45541-45581-Northport-Loop-W-Fremont-CA
CaliforniaIndustrialLoansWestern

Gantry Arranges $12.2M Refinancing for Industrial Property in Fremont, California

by Amy Works

FREMONT, CALIF. — Gantry has placed a $12.2 million permanent loan for a private real estate investor to refinance an industrial building at 45541-45581 Northport Loop West in Fremont, located in the Bay Area. The 71,500-square-foot facility features 10 bay doors with 18-foot clear heights. At the time of financing, two long-term tenants fully occupied the property. Tony Kaufmann, Alex Poulos and Joe Foley of Gantry arranged the long-term, fixed-rate loan, which one of Gantry’s exclusive correspondent life company lenders provided.

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IllinoisIndustrialLeasing ActivityMidwest

Beverage Distributor Signs 22,500 SF Industrial Lease in Dupo, Illinois

by Kristin Harlow

DUPO, ILL. — An unnamed beverage distributor has signed a 22,500-square-foot industrial lease at 729 Prairie Dupont Drive in Dupo, about 10 miles south of St. Louis. The warehouse features 2,400 square feet of office space, one recessed dock door, two drive-in doors and clear heights ranging from 24 to 28 feet. The Class B building, constructed in 2008, is situated near I-255 and the St. Louis Downtown Airport. George Cibula and Luke Ferzacca of DarwinPW Realty/CORFAC International, along with Joel Meyer and Ben Bacino of Intelica/CORFAC International, represented the tenant, which has begun occupying the space. Steve Zuber of Barber Murphy Commercial represented ownership.

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AcquisitionsIndustrialMidwestMinnesota

Transwestern Arranges Sale of 13,095 SF Industrial Building in Bloomington, Minnesota

by Kristin Harlow

BLOOMINGTON, MINN. — Transwestern Real Estate Services has arranged the sale of a 13,095-square-foot industrial building in Bloomington for an undisclosed price. Russ Crawford of Transwestern represented the buyer, Pickle O LLC, which plans to occupy the building with the option to divide space for additional tenants. Brian Netz and Lucas Long of Newmark represented the seller, Common Ground Properties LLC. Numerous property improvements were completed prior to the sale, including LED lighting upgrades, new office finishes and ADA-compliant restrooms.

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AcquisitionsIndustrialNortheastPennsylvania

MAG Capital Partners Buys Two Western Pennsylvania Manufacturing Facilities via Sale-Leaseback

by Taylor Williams

SHARON, PA. — MAG Capital Partners has purchased two manufacturing facilities totaling 62,063 square feet in Sharon, located on the Ohio-Pennsylvania border. The company acquired the adjacent properties via a sale-leaseback with HuFriedy Group, a manufacturer of dental supplies and equipment. J.C. Asensio, Andrew Sandquist and Briggs Goldberg of Newmark represented the seller in the transaction. The sales price was not disclosed.

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Constellation-485-South_Charlotte-N.C
DevelopmentIndustrialNorth CarolinaSoutheast

Constellation Plans 374,220 SF Speculative Industrial Building in North Carolina

by Hayden Spiess

CHARLOTTE, N.C. — Constellation Real Estate Partners has acquired 41.4 acres of land in Charlotte, with plans to develop a speculative industrial building at the site. Upon completion, the property, dubbed Constellation 485 South, will total 374,220 square feet. The rear-load building will feature 36-foot clear heights, trailer parking, ESFR sprinkler systems and LED lighting. ARCO Design/Build designed the development, which will accommodate tenant occupancies ranging from 100,000 to 374,000 square feet. Construction is scheduled to begin in July and expected to be completed in August 2025. Henry Lobb, Abby Rights and Garrott Braswell of Avison Young will manage marketing and leasing for the project, with Chris Skibinski of Avison Young providing capital markets strategic advisory services.

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Schrader-Farms-Biz-Chandler-AZ
ArizonaDevelopmentIndustrialWestern

Ryan Cos. Breaks Ground on 432,000 SF Schrader Farms Business Park in Chandler, Arizona

by Amy Works

CHANDLER, ARIZ. — Ryan Cos. US has received financing and started construction of Schrader Farms Business Park, located at the northwest corner of Queen Creek and McQueen roads in Chandler. Totaling 432,000 square feet, the three buildings will each feature a privately secured yard, 32-foot clear heights, LED site lighting, air-conditioned warehouse, an ESFR sprinkler system and ample vehicle and trailer parking. Completion is slated for third-quarter 2025. Ryan Cos. is the developer and builder. Deutsche Architecture Group is the architect of record.

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