CUDAHY, WIS. — Briohn Building Corp. has broken ground on a 112,500-square-foot industrial facility for developer Twelve2 in Cudahy. The precast concrete building, located at 5030 S. Pennsylvania Ave., will feature 104,000 square feet of warehouse space along with office space and is planned to support around 60 jobs once operational. Frontera Worldwide, a logistics company based in Cudahy, has signed on as the building’s tenant. Completion is slated for spring 2027.
TAMPA, FLA. — A joint venture between Creation and PCCP has begun construction on 301 Exchange, a three-building, 330,000-square-foot industrial park located on Tampa’s east side. The 51-acre park will be situated at the intersection of U.S. Highway 301 and East Sligh Avenue, roughly two miles from I-4. 301 Exchange will comprise three rear-load buildings featuring 32-foot clear heights. The project team, including design-build firm LGE Design Build, plans to deliver the park by the end of 2027. The project represents the first development in Florida for Creation.
HALETHORPE, MD. — MacKenzie Commercial Services has brokered the $11.5 million sale of a 105,732-square-foot warehouse located at 4665 Hollins Ferry Road in Halethorpe, a suburb in Baltimore County. The buyer, VeryBest Wholesales, is relocating to the single-story warehouse from another location in Jessup, Md. Saver Automotive Products is the seller of the Halethorpe facility, which was delivered in 1972 and sits adjacent to I-895. Matthew Curran and Andrew Meeder of MacKenzie Commercial brokered the transaction.
MARYSVILLE, OHIO — American Honda Motor Co. plans to invest $3 billion to build a new vehicle assembly plant in Marysville, a suburb of Columbus. The automaker said in a statement that construction of the new facility, which will be located near its existing East Liberty Auto Plant and Marysville Auto Plant, is anticipated to begin in January 2027. Honda expects the production facility to be fully operational by 2029 and to ultimately employ more than 2,000 people. “By expanding our comprehensive R&D [research and development] and manufacturing capabilities, we will be better positioned to serve our customers and contribute to the economic vitality of the communities where we operate,” says Bob Nelson, executive vice president of American Honda Motor Co., the Japanese automaker’s American U.S. affiliate. The new facility will have the capacity to produce approximately 240,000 vehicles annually, including traditional vehicles with internal combustion engines, all-electric vehicles and hybrid models. The plant is also anticipated to increase Honda’s light-duty vehicle capacity to 1.3 million units annually in the United States. The company currently has 12 manufacturing plants in the country, eight of which produce engines or light-duty vehicles for the auto industry. The new Ohio plant and projects underway …
SPRINGTOWN AND AZLE, TEXAS — Marcus & Millichap has brokered the sale of a portfolio of two self-storage facilities totaling 950 units in Springtown and Azle, both of which are located northwest of Fort Worth. The Springtown & Azle Storage Portfolio spans 150,980 net rentable square feet of space across more than 15 acres. Danny Cunningham and Brandon Karr of Marcus & Millichap represented the seller, a DFW-based, family-owned partnership, in the transaction and procured the buyer, an entity doing business as 10 Federal. The same buyer recently purchased the 359-unit KO Storage facility that is also located in Azle.
MISSOURI CITY, TEXAS — Chicago-based owner-operator Logistics Property Co. has broken ground on a 217,758-square-foot industrial project in Missouri City, a southwestern suburb of Houston. The project will be the seventh building to be constructed within the 98-acre CityPark Logistics Center and is a build-to-suit for Standex GRID/Amran Instrument Transformers. Building features will include a cross-dock configuration, 32-foot clear heights and “ample” car and trailer parking. Powers Brown Architecture designed the project, and Burton Construction is serving as the general contractor. Pape Dawson is the civil engineer. Completion is slated for the second quarter of next year. Steve King and Wesley King of CBRE represented the tenant in the lease negotiations for Building 7. Beau Kaleel and Brooke Swerdlow of Cushman & Wakefield, along with internal agents Aaron Martell, Mark Redlingshafer and Wilson Goode, represented ownership.
LEWISVILLE, TEXAS — Lee & Associates has negotiated an 87,730-square-foot industrial lease in the northern Dallas suburb of Lewisville. The space is located within Building B of First Park 121, a six-building, 1.2 million-square-foot development. Adam Graham of Lee & Associates represented the tenant, Oh My Mahjong, in the lease negotiations. Mark Graybill, also with Lee & Associates, represented the landlord, Chicago-based REIT First Industrial Realty Trust.
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.
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.
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.
