Friday, July 18, 2025
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Industrial

AcquisitionsIndianaIndustrialMidwest

Brisky Net Lease Arranges $16.4M Sale of Industrial Property in Evansville, Indiana

by Kristin Harlow

EVANSVILLE, IND. — Brisky Net Lease has arranged the $16.4 million sale of a 150,000-square-foot industrial building leased to Windstream Communications LLC in Evansville. Built in 2022 and located at 14616 Foundation Ave., the property is situated within the nearly fully developed Vanderburgh Industrial Park. Little Rock, Ark.-based Windstream provides fiber-based broadband to residential and small business customers across 18 states. Brian Brisky of Brisky Net Lease represented the buyer, while Greg Folz of Woodward Commercial Realty Inc. represented the seller.

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The-Brickyard-Houston
DevelopmentIndustrialTexas

Urban Logistics Realty Breaks Ground on 542,851 SF Spec Project in Northwest Houston

by Taylor Williams

HOUSTON — Dallas-based Urban Logistics Realty has broken ground on The Brickyard, a 542,851-square-foot speculative project in northwest Houston. The Brickyard will be a three-building development at 5020 Acorn St. whose structures will have a mix of configurations, as well as ample car and trailer parking. Urban Logistics Realty is developing the project in partnership with Principal Asset Management. Other project partners include Powers Brown (architect), Harvey Builders (general contractor), Kimley-Horn (civil engineer), Pinnacle (structural engineer), First United Bank & Trust (construction lender) and Stream Realty Partners (leasing agent). Completion is slated for mid-2026.

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IndustrialLeasing ActivityTexas

Colliers Negotiates 59,400 SF Industrial Lease in Baytown, Texas

by Taylor Williams

BAYTOWN, TEXAS — Colliers has negotiated a 59,400-square-foot industrial lease in the eastern Houston suburb of Baytown. The tenant was not disclosed. Completed in 2019, the building at 1203 Thompson Park Drive features 28-foot clear heights, 17 dock-high positions, an oversized ramp door, an ESFR sprinkler system, 1,800 square feet of office space and 25 trailer parking stalls. Barrett Gibson and Jason Tangen of Colliers represented the undisclosed landlord in the lease negotiations.

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3350-3360-Coffey-Lane-Santa-Rosa-CA
AcquisitionsCaliforniaIndustrialWestern

MKD Investments Buys Pine Creek Business Park in Santa Rosa, California for $23.5M

by Amy Works

SANTA ROSA, CALIF. — MKD Investments has purchased Pine Creek Business Park, an industrial flex business park in Santa Rosa, from Pine Creek Properties for $23.5 million. Located at 3350-3360 Coffey Lane, the park features six freestanding buildings on separate parcels offering a total of 152,925 square feet. The multi-tenant buildings range in size from 20,000 square feet to 31,000 square feet. The flex buildings are leased to several tenants representing a variety of of industries. Additionally, many of the buildings are equipped with floor drains and wine making infrastructure, docks and insulation. Trevor Buck of Cushman & Wakefield represented the buyer and seller in the off-market transaction.

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AcquisitionsFloridaIndustrialSoutheast

JLL Arranges Sale of 371,976 SF Industrial Portfolio Near Miami Airport

by John Nelson

MIAMI — JLL Capital Markets has arranged the sale of Airport Trade Center, a 371,976-square-foot light-industrial portfolio in Miami. Situated adjacent to the Miami International Airport, the site features three cross-dock buildings that sit on 13.8 acres. Luis Castillo, Cody Brais and Taylor Osborne of JLL’s Investment Sales and Advisory team represented the undisclosed seller in the transaction. Melissa Rose and Jovi Rodriguez of the firm’s Debt Advisory team secured acquisition financing on behalf of the buyer, East Capital Partners.

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DevelopmentIllinoisIndustrialMidwest

Venture One Begins Development of 130,000 SF Industrial Build-to-Suit in Huntley, Illinois

by Kristin Harlow

HUNTLEY, ILL. — Venture One Real Estate has begun development of a new 130,000-square-foot production facility for Silesia Group in the Chicago suburb of Huntley. The project is located off Route 47 near the I-90 interchange at the Huntley Industrial Park and will more than triple Silesia’s footprint in the U.S. Integrating research, manufacturing and warehousing operations, the new facility will serve Silesia’s customers throughout the Americas. Meridian Design Build will oversee construction, and Ware Malcomb is the project architect. Brian Kling of Colliers represented Silesia throughout the site selection and development process.

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IndustrialLeasing ActivityNew YorkNortheast

Newmark Secures 154,000 SF Industrial Lease in Burlington, New Jersey

by Taylor Williams

BURLINGTON, N.J. — Newmark has secured a 154,000-square-foot industrial lease in Burlington, located outside of Philadelphia in Southern New Jersey. According to LoopNet Inc., the newly constructed building at 1804 River Road features a cross-dock configuration, a clear height of 36 feet, two drive-in bays, 50 exterior dock doors and 229 car parking spaces. Kyle Eaton, Robert Loderstedt, Michael Schipper and Haylee McCabe of Newmark represented the tenant, automotive parts supplier GMB North America, in the lease negotiations. The name and representative of the landlord were not disclosed.

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AcquisitionsIndustrialTexas

Provident Industrial Acquires Distribution Building in Irving

by Taylor Williams

IRVING, TEXAS — Provident Industrial, a division of Dallas-based investment firm Provident, has acquired a distribution building at 8225 Bent Branch Drive in Irving. According to LoopNet Inc., the building is a single-tenant structure with 250,659 rentable square feet. The building was originally constructed on a 23-acre site in 1997 and features 20-foot clear heights and four dock-high loading doors, per LoopNet. The seller and sales price were not disclosed.

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York-County-Trade-Center-Carroll-Township
DevelopmentIndustrialNortheastPennsylvania

TCC Breaks Ground on 376,000 SF Industrial Project in Carroll Township, Pennsylvania

by Taylor Williams

CARROLL TOWNSHIP, PA. — Trammell Crow Co. (TCC) has broken ground on York County Trade Center, a 376,000-square-foot industrial project in Carroll Township, a southwestern suburb of Harrisburg. The site spans 35 acres, and the building will feature a cross-dock configuration, a clear height of 40 feet, 80 dock doors and 3,600 square feet of office space. Ware Malcomb is the project’s architect, and Conewago Enterprises is the general contractor. KBC Advisors will market the property for lease. Completion is scheduled for April 2026.

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IndustrialLeasing ActivityNew JerseyNortheast

Newmark Arranges 150,000 SF Industrial Lease in Hamilton, New Jersey

by Taylor Williams

HAMILTON, N.J. — Newmark has arranged a 150,000-square-foot industrial lease in the Central New Jersey community of Hamilton. According to LoopNet Inc., the newly constructed building at 40 Enterprise Ave. features a clear height of 40 feet, two drive-in bays, 46 exterior dock doors and 141 car parking spaces. Kyle Eaton, Robert Loderstedt, Michael Schipper and Haylee McCabe of Newmark represented the tenant, CEVA Logistics, in the lease negotiations. The name and representative of the landlord were not disclosed.

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