For much of the past several years, commercial real estate investors have navigated a market defined by uncertainty. Interest rate volatility, inflation concerns, geopolitical tensions and shifting workplace trends have all contributed to an environment where predicting the next move can feel increasingly difficult. Against that backdrop, the Midwest continues to stand out for a different reason: stability. Across many Midwest markets, commercial real estate fundamentals have remained relatively balanced compared with other regions of the country. While some markets have experienced dramatic swings in pricing, development activity and occupancy levels, much of the Midwest has maintained a steadier trajectory. That consistency allows investors and operators to focus on executing long-term business plans rather than constantly reacting to market volatility. Stability Remains the Midwest’s Competitive Advantage One of the region’s greatest strengths is the balance between supply and demand. Unlike certain Sun Belt markets that have experienced significant waves of new development, many Midwest metros have avoided substantial oversupply. As a result, property owners have been able to continue implementing value-add strategies, improving operations and generating steady rent growth. Commercial real estate success is rarely built overnight. In many Midwest markets, returns are generated through disciplined management, operational efficiencies and …
Industrial
HOUSTON — Transwestern has completed Imperial Crossing, a two-building, 321,104-square-foot industrial project located at the intersection of Richey Road and Imperial Valley Drive in North Houston. Building 1 totals 242,603 square feet and features a cross-dock configuration and 36-foot clear heights. Building 2 spans 78,501 square feet and has a front-load design and 32-foot clear heights. Both buildings can accommodate tenants with full-building requirements or spaces as small as 35,000 square feet. Transwestern is also the leasing agent for Imperial Crossing.
PORTLAND, TENN. — Manova Partners has acquired Gateway 65, a 306,280-square-foot industrial facility located along Vaughn Parkway in Portland, about 39 miles north of Nashville in Robertson County. The seller and sales price were not disclosed, but the property was listed on the website of local developer OTN Group. The facility features 36-foot clear heights, 10 loading doors (expandable to 45) and 4,500 amps of power. Built in 2025, the property is the North American headquarters of a global manufacturer of industrial guarding and safety solutions. The unnamed tenant occupies the facility on a 10-year lease, according to Manova Partners. The company was not disclosed, but local media outlets report that the tenant is Swedish-based Troax Group.
ROMEOVILLE, ILL. — Cawley Commercial Real Estate has brokered the sale of a newly constructed maintenance facility located at 1385 Joliet Road in Romeoville. Matt Garland of Cawley represented the buyer and seller and played a role in every state of the property’s evolution, from the original land sale through the disposition. Several years ago, Garland brokered the sale of the 4-acre parcel to KAB Properties. Upon completion of the development, KAB returned to Garland to market the asset for sale. Garland sourced the buyer, MW Express, a trailer repair and maintenance specialist that will use the facility to support its continued expansion in the Chicago market. Colleagues Andrew Maletich and Houston Brooke supported Garland throughout the transaction. Jandra Zitkevicius of Brick-by-Brick Realty provided additional representation for the seller. Completed in fourth-quarter 2025, the 27,500-square-foot property includes 19,950 square feet of warehouse space and 7,550 square feet of office space. It offers immediate access to I-55 and I-355.
SAN MARCOS, CALIF. — CBRE has negotiated the $14.5 million sale of an industrial property located in the Southern California city of San Marcos. An entity doing business as La Costa Meadows LLC sold the asset, located at 1755 La Costa Meadows Drive, to a private, 1031 exchange investor. Matt Pourcho, Anthony DeLorenzo and Rob Gunness of CBRE represented the seller in the transaction., while Michael Albert of Pacifica Capital and Kelly Betpolice of Kidder Mathews represented the buyer. Fluid Components International (FCI) fully occupies the 66,976-square-foot property. The company utilizes the property as its primary U.S. manufacturing facility and has occupied the asset since its construction in 1981.
By Jim Larkin, Kyle Fink and Dylan Brown, Colliers After several years of outsized growth, southeastern Wisconsin’s industrial market entered a more balanced phase to begin 2026. While headline metrics such as vacancy and absorption have shifted from their pandemic-era peaks, the underlying fundamentals remain intact. Based on what we are experiencing across active deals and client conversations, this is less of a slowdown and more of a recalibration, one that ultimately supports long-term stability across the region. After many years on an unprecedented pace, the market is settling down into a more disciplined environment where decisions are more thoughtful, and fundamentals are driving activity again. From our perspective, that’s a positive shift that positions southeastern Wisconsin for long-term stability. Year-end 2025 data points to a market that is adjusting, not retreating. Vacancy rates increased modestly, rising to approximately 7.8 percent across southeastern Wisconsin. At first glance, that shift may appear significant given how tight conditions had become. This shift is largely driven by new big box supply entering the market rather than weakening demand. With more than 3 million square feet delivered in 2025 — most started during peak market conditions — an increase in vacancy is a natural …
FORT WORTH, TEXAS — Hillwood has broken ground on a 1.2 million-square-foot speculative industrial project within the local developer’s AllianceTexas master-planned community in North Fort Worth. Alliance Westport 16 will feature 40-foot clear heights and 276 trailer parking spaces (expandable to 504 total onsite spaces), and the site can also potentially support a tri-load configuration and 190-foot truck court depths. GSR Andrade is the project architect, and Westwood is the civil engineer. Fifth Third Bank is financing construction, which is slated for a summer 2027 completion.
DENISON, TEXAS — Marcus & Millichap has brokered the sale of A-Alpha Self Storage, a 306-unit facility in the North Texas city of Denison. Built on 4.2 acres between 1996 and 2008, the facility spans 41,959 net rentable square feet of non-climate-controlled space, as well as five permanent shipping containers and one office space. Danny Cunningham and Brandon Karr of Marcus & Millichap represented the undisclosed seller in the transaction and procured the buyer, a Dallas-Fort Worth owner-operator that similarly requested anonymity.
ELLABELL, GA. — Scannell Properties has plans to develop Ridgeway Logistics Park, a 335-acre industrial campus situated directly across from the Hyundai Motor Group Metaplant in Ellabell, a western suburb of Savannah in Bryan County. Situated adjacent to the new I-16 interchange and near the Port of Savannah, the industrial park can accommodate up to 4 million square feet of space at full build-out. Phase I of Ridgeway Logistics Park will comprise a 1.1 million-square-foot speculative facility featuring 40-foot clear heights, four drive-in doors, 234 dock positions, 45 dock packages and parking for 338 trailers and 350 cars. Scannell will begin site work this summer. Bill Sparks and Preston Andrews of CBRE are handling the park’s leasing assignment.
FORT MYERS, FLA. — JLL has brokered the $48.4 million sale of Meridian Business Campus, a four-building industrial park located at 16101-16301 Parallel Drive in Fort Myers. Built in 2023 near Southwest Florida International Airport, the 208,447-square-foot park was 96.5 percent leased at the time of sale to eight tenants. Capital Partners acquired the 17.3-acre industrial park from a joint venture between Geis Cos. and Westminster Capital. John Huguenard, Luis Castillo and Cody Brais of JLL represented the seller in the transaction. Billy Mork of CBRE’s Debt and Structured Finance team in Minneapolis secured a 10-year acquisition loan for Capital Partners. The loan was underwritten at a fixed 5.5 percent interest rate with a partial interest-only period and 30-year amortization schedule.