Industrial

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SALEM, N.H. — Regional investment firm Marcus Partners has purchased a 155,000-square-foot industrial building in Salem, located near the Massachusetts-New Hampshire border. Completed on 16.4 acres in 2023, the building at 6 Industrial Way features a clear height of 40 feet and up to 28 dock-high doors. The building was partially leased to a local defense contractor at the time of sale, and CBRE will market the remainder of the space for lease. Marcus Partners acquired the building in an off-market transaction. The seller and sales price were not disclosed.

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NORTH LAS VEGAS, NEV. — Newmark has brokered the sale of Golden Triangle Logistics Center, a Class A industrial portfolio in North Las Vegas. Washington Capital sold the asset to Clarion Partners for an undisclosed price. Andrew Briner and Ken White of Newmark represented the seller, while Kevin Shannon of Newmark provided executive oversight for the transaction. Totaling 1.3 million square feet, Golden Triangle Logistics Center consists of three distribution facilities located at 2555, 2815 and 3375 E. Washburn Road. Spanning 64.5 acres, the asset features 36- to 37-foot clear heights, ESFR sprinkler systems, expansive truck courts, 189 dock-high loading positions and a sizable, secured trailer storage yard. At the time of sale, the property was 84 percent leased. The asset offers access to I-15 and the Clark County 215 Beltway.

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Steel-64

SHELBYVILLE, KY. — Lakeland, Fla.-based Blue Steel Development has acquired 309 acres in Shelbyville, about 36 miles east of Louisville via I-64, with plans to build a nearly 1.8 million-square-foot industrial project dubbed Steel 64. The development will comprise two buildings spanning 1.4 million square feet and 362,909 square feet, respectively. Construction is slated to begin this quarter, with delivery anticipated for the fourth quarter of 2027. Steel 64, which will be designed to accommodate a range of distribution, logistics and manufacturing users, will include 40-foot and 36-foot clear heights, a dedicated trailer drop yard adjacent to Building 1 and double-row trailer parking for Building 2. The project team includes Horton, Harley & Carter, Inc. (architect), Land Design & Development Inc. (civil engineer), The Conlan Co. (general contractor) and CBRE (leasing). David Collie and Josh Tarpley of BWE arranged construction financing through Protective Life Insurance Co.

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Anniston-East

ANNISTON, ALA. — Arrow Real Estate Advisors has arranged $16.9 million in acquisition financing for a 559,900-square-foot industrial facility located in the eastern-central Alabama city of Anniston. Morris Betesh, Omar Ferreira, Jonah Schultz and Zac Cornell of Arrow Real Estate secured the loan through Wells Fargo on behalf of the borrower, Tampa-based BlueLedge Group. Situated at 100 National Drive along the I-20 corridor, the industrial facility includes 41 dock-high and 18 drive-in loading doors and was fully leased at the time of sale to an undisclosed third-party logistics operator.

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LOS ANGELES — Cabot Properties has purchased a 5.4-acre site at 19701 Hamilton Ave. in Los Angeles’ South Bay submarket from a Brookfield-backed fund for an undisclosed price. The asset is fully entitled and permit-ready for the development of a 122,533-square-foot industrial facility designed to accommodate a wide range of manufacturing, warehouse and distribution uses. Brookfield’s BGRE operating team secured the entitlements. The property is also set within a federally designated Opportunity Zone. Chad Solomon, Patrick Nally, Makenna Peter, Shae Vomund, Zac Sakowski and Brianne Demus of JLL represented the seller in the transaction.

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JOLIET, ILL. — Logistics Property Co. LLC (LogiPropCo) has purchased a 74-acre site at 23960 S. Houbolt Road in Joliet. Located in the I-80 corridor, the site offers immediate proximity to BNSF’s Logistics Park Chicago Intermodal and Union Pacific’s Global 4 Intermodal Terminal. Construction will commence in spring 2027. When complete, the project will total 1.3 million square feet and feature a clear height of 40 feet, cross-dock loading and ample car and trailer parking. Through the Houbolt Road extension, the site also has direct access to I-55 and I-80. Ben Fish and Vince Pergande of LogiPropCo worked with Ryan Klink of Cushman & Wakefield on the transaction. Klink, alongside colleagues Jason West and Sean Henrick, will serve as the project’s leasing representatives. The spec building, also available as a build-to-suit, is expected to deliver in spring 2028. Architects Plus Design is the project architect, and Jacob & Hefner Associates is the civil engineer.  

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AURORA, ILL. — Newmark has brokered the sale of a 79,540-square-foot industrial building located at 3615 Exchange Ave. in Aurora. Corey Chase of Newmark arranged the sale. Situated within Meridian Business Park, the property sits on 4 acres and offers convenient access to I-88. The buyer plans to utilize the facility to support the expansion of its U.S. operations, using the property for warehousing, storage and distribution. The seller was a private entity.

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At the end of 2025, Atlanta’s industrial market turned a corner and has now regained its footing, especially in the bulk sector.  Four consecutive quarters of strong leasing activity signal that demand has returned, large users are back in the market and much of the inventory delivered immediately after the COVID-era development boom has been or is being absorbed.  For owners, developers and investors, the key takeaway is straightforward: Atlanta remains one of the country’s most resilient industrial markets, but the next phase of growth will be shaped by disciplined development and a continued flight to quality.  As for the broader market, leasing momentum began to accelerate late last year after a challenging stretch. Since then, leasing activity has steadily improved. Through the third quarter of 2026, Atlanta recorded 32.4 million square feet of new leasing activity for the year, with nearly 13.5 million square feet leased during the third quarter alone, according to Cushman & Wakefield’s data. Year-to-date leasing activity nearly surpassed all of 2025.  What’s particularly encouraging is the return of large-format users. “Bulk is back” has become a common refrain across the industry, and the data support that narrative. Several transactions exceeding 500,000 square feet were completed …

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Wintergreen-Distribution-Center-Hutchins-Texas

HUTCHINS, TEXAS — Cushman & Wakefield has brokered the sale of Wintergreen Distribution Center, a 754,822-square-foot industrial building in Hutchins, a southern suburb of Dallas. Wintergreen Distribution Center was built on 42.7 acres in 2018 and features a cross-dock configuration, 36-foot clear heights, 164 loading doors, an ESFR sprinkler system and parking for 303 cars and 205 trailers. Jud Clements, Robby Rieke, Emily Brandt and Trevor Berry of Cushman & Wakefield represented the seller, Boston-based Cabot Properties, in the transaction. The buyer and sales price were not disclosed.

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AZLE, TEXAS — Marcus & Millichap has arranged the sale of KO Storage, a 359-unit self-storage facility in Azle, a northwestern suburb of Fort Worth. Built on 5.3 acres in 2016, KO Storage spans 65,725 net rentable square feet across 10 single-story buildings, inclusive of traditional drive-up units and enclosed parking spaces. Danny Cunningham and Brandon Karr of Marcus & Millichap represented the seller in the transaction procured the buyer.

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