Industrial

Cushman & Wakefield Arranges $83.8M in Acquisition Financing for 11-Building Industrial Portfolio in Metro Atlanta

by Abby Cox June 12, 2026

ATLANTA — Cushman & Wakefield has arranged $83.3 million in financing for the acquisition of an 11-building industrial portfolio located in metro Atlanta. Gideon Gil, Taylor Geiger, Cecelia Galligan and Crawford Bundy of Cushman & Wakefield arranged the floating-rate loan through Argenti on behalf of the borrower, Arden Logistics Parks. Stewart Calhoun, Casey Masters and Drew Stanford, also with Cushman & Wakefield, represented the sellers, Onward Investors and Prospect Ridge, in the transaction. The 658,550-square-foot portfolio includes:

June 12, 2026

Development Illinois Industrial Midwest

Logistics Property Co. to Build 140,122 SF Industrial Development in Addison, Illinois

by Kristin Harlow June 12, 2026

ADDISON, ILL. — Logistics Property Co. LLC (LogiPropCo) has closed on a 9.8-acre site at 2349 W. Lake St. in Addison with plans to build a 140,122-square-foot industrial facility. The site offers immediate access to I-355 and Illinois Route 20 as well as proximity to the O’Hare airport. Construction is expected to commence this month. The project will feature a clear height of 32 feet, 36 dock positions and parking for 179 cars. Morgan Harbour Construction will serve as general contractor, Architects Plus Design Studio is the architect and Jacob & Hefner Associates is the civil engineer. Aaron Martell and Ben Fish of LogiPropCo led the sourcing of the land for the development. Sean Henrick, Jason West and Doug Pilcher of Cushman & Wakefield will serve as the project’s leasing representatives. Completion is slated for the first quarter of 2027.

June 12, 2026

Industrial Leasing Activity Midwest Missouri

Front Line Safety Leases 113,000 SF Distribution Center in Kansas City

by Kristin Harlow June 12, 2026

KANSAS CITY, MO. — Front Line Safety has unveiled plans to establish a new safety and first aid solutions distribution center in Kansas City, investing $1.7 million and creating 21 new jobs. The project is expected to generate $6.1 million in new annual payroll. The 113,000-square-foot facility, secured with CBRE, will support the company’s growth and expand its ability to serve customers throughout the Midwest and across North America. The facility is expected to open in July 2026.

June 12, 2026

Industrial Leasing Activity Texas

D-Tech Signs 83,482 SF Industrial Lease in West San Antonio

by Taylor Williams June 11, 2026

SAN ANTONIO — Divine Technologies Aerospace Corp. (D-Tech), a Texas-based aerospace company, has signed an 83,482-square-foot industrial lease in San Antonio. The space is located within Building 2 of Mid-City Business Park, a three-building, 352,890-square-foot development development on the city’s west side. Roger Hill III and Kyle Kennan of Partners Real Estate represented the landlord, Houston-based Welcome Group, in the lease negotiations. John Colglazier Jr. and Scott Christy, also with Partners, represented the tenant.

June 11, 2026

Industrial Leasing Activity Texas

Holt Lunsford Negotiates 39,860 SF Industrial Lease in Carrollton, Texas

by Taylor Williams June 11, 2026

CARROLLTON, TEXAS — Locally based brokerage firm Holt Lunsford Commercial has negotiated a 39,860-square-foot industrial lease in the northern Dallas metro of Carrollton. According to LoopNet Inc., the building at 2425 Camp Ave. was constructed in 1979 and totals 120,820 square feet. Andrew Gilbert, Keaton Brice and Jon Skidmore of Holt Lunsford represented the landlord, Boston-based Taurus Investment Holdings, in the lease negotiations. Rich Young of Rich Young Co. represented the tenant, Turnkey Overstock Inc.

June 11, 2026

Acquisitions Industrial New Jersey Northeast

Cushman & Wakefield Brokers Sale of 256,381 SF Industrial Portfolio in Northern New Jersey

by Taylor Williams June 11, 2026

CARLSTADT AND EAST RUTHERFORD, N.J. — Cushman & Wakefield has brokered the sale of a portfolio of four industrial buildings totaling 256,381 square feet in the Northern New Jersey communities of Carlstadt and East Rutherford. The buildings are collectively known as Kurv Meadowlands and feature clear heights of 16 to 27 feet. Gary Gabriel, Kyle Schmidt, Ryan Larkin and Seth Zuidema of Cushman & Wakefield represented the seller, JP Morgan Asset Management, in the transaction and procured the buyer, Kurv Industrial. John Alascio, Chuck Kohaut and TJ Sullivan, also with Cushman & Wakefield, arranged an undisclosed amount of acquisition financing for the deal through CIBC.

June 11, 2026

Acquisitions Industrial New York Northeast

Marcus & Millichap Negotiates $14.5M Sale of Queens Industrial Building

by Taylor Williams June 11, 2026

NEW YORK CITY — Marcus & Millichap has negotiated the $14.5 million sale of a 40,400-square-foot industrial building in Queens. Constructed in 1931, the fully leased building at 43-10 21st St. is located in the borough’s Long Island City area and features a clear height of 13.5 feet. Jakub Nowak and Matthew Rosenzweig of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

June 11, 2026

Acquisitions Illinois Industrial Midwest

Colliers Brokers Sale of 246,446 SF Logistics Facility in Elgin, Illinois

by Kristin Harlow June 11, 2026

ELGIN, ILL. — Colliers has brokered the sale of a 246,446-square-foot logistics facility located at 2770 Alft Court in Elgin. Jeff Devine, Steve Disse and Tyler Ziebel of Colliers represented the seller, Venture One. A publicly traded REIT was the buyer. Built in 2015 and fully leased to FleetPride, the property is situated within a fully developed business park just south of a full four-way interchange at I-90 and Randall Road.

June 11, 2026

Development Illinois Industrial Midwest

Krusinski to Complete Tenant Improvement Project for Electric Vehicle Repair Facility in Chicago

by Kristin Harlow June 11, 2026

CHICAGO — Dayton Street Partners has selected Krusinski Construction Co. to complete a tenant improvement project for an automotive and clean energy company. The Loomis facility will support a new electric vehicle repair facility on the edge of the Chicago city limits. Krusinski will revitalize the existing building by installing replacement overhead doors, renovating the restroom block to meet ADA compliance and enhancing the exterior lighting for safer access and security purposes. The project will also include the installation of new windows and a roof drainage system to accommodate the tenant’s needs. Completion is slated for next month. A+M Architects is the project architect, and Jacob & Hefner Associates Inc. is the civil engineer.

June 11, 2026

Acquisitions Colorado Development Industrial Western

Trammell Crow, PCCP Break Ground on 76-Acre Industrial Park in Thornton, Colorado

by Amy Works June 11, 2026

THORNTON, COLO. — Trammell Crow Co. (TCC) and joint venture partner Pacific Coast Capital Partners (PCCP) have broken ground on Crossroads 25, a Class A industrial park at the intersection of Interstate 25 and E-470. At full build-out, Crossroads 25 will span 1.1 million square feet across six buildings. Phase 1, totaling 828,000 square feet across four buildings, is slated for delivery in third-quarter 2027. Building 4, totaling 409,000 square feet, has been fully preleased. Buildings 1, 2 and 3 consist of 157,562, 171,242 and 90,096 square feet, respectively. The 32-foot clear front-park, rear-load buildings offer highway visibility from E-470 and I-25, 4,000 amps of power per building, oversized drive-in doors and trailer parking. Tyler Carner, Jeremy Ballenger and Keiffer Garton of CBRE represented the seller in the land acquisition. The CBRE team will also lead leasing efforts on behalf of TCC and PCCP. Simmons Bank provided construction financing for Phase 1. Ware Malcomb designed the project, with Murray & Stafford serving as general contractor.

June 11, 2026

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