Friday, October 9, 2026
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Industrial

6555-Katella-Ave-Cypress-CA
AcquisitionsCaliforniaIndustrialOfficeWestern

Yamaha Motor Corp. Sells 25-Acre Headquarters Campus in Cypress, California

by Amy Works

CYPRESS, CALIF. — Yamaha Motor Corp. U.S.A. has sold its former U.S. headquarters at 6555 Katella Ave. in Cypress, located in Orange County. Terms of the transaction were not released. Patrick Barnes, Paul Clark, Nick Slonek and Jae Estep of Avison Young represented Yamaha in the deal. Situated on 25 acres, the infill, industrial-zoned campus includes three buildings — one industrial, one flex and one office — totaling approximately 278,964 square feet and occupying an entire city block with three points of access from Katella Avenue, Holder Street and Yamaha Way. The campus has served as Yamaha’s U.S. headquarters since 1979. As part of a planned corporate relocation to Kennesaw, Ga., Yamaha will lease back the entire property through Dec. 31, 2028.

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1237-W-Division-St_Chicago
AcquisitionsIllinoisIndustrialMidwestTop Stories

Amazon Acquires Chicago Distribution Facility from Logistics Property Co. for $195M 

by Hayden Spiess

CHICAGO — Logistics Property Co. has sold a distribution facility located at 1237 W. Division St. in Chicago for $195 million. Amazon (NASDAQ: AMZN) has been reported as the buyer by multiple media outlets.    Situated near downtown Chicago and totaling 571,423 square feet, the property was the first multi-story logistics facility to be developed in the Midwest, according to JLL. The facility was purpose-built for distribution operations and features clear heights over 34 feet, 56 loading docks, 135-foot truck court depths, a dedicated second-floor truck ramp and 10,000 amps of power.  Parking capacity at the facility includes a 292,500-square-foot rooftop parking deck and an adjacent five-level parking structure, which together accommodate up to 1,590 automobiles or 763 vans.  According to JLL Capital Markets, which brokered the sale, more than 1 million residents live within a five-mile radius of the property, which is situated roughly three miles from Chicago’s central business district, with convenient access to Chicago O’Hare International and Chicago Midway International airports. Amazon plans to begin operations at the facility in late 2027 or early 2028 and use the property as a same-day delivery center, according to the Chicago Sun-Times. Logistics Property Co. completed the development in late 2024. In …

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AcquisitionsIndustrialTexas

Brennan Buys 9,000 SF Industrial Outdoor Storage Facility in Metro Austin

by Taylor Williams

PFLUGERVILLE, TEXAS — Chicago-based Brennan Investment Group has purchased a 9,000-square-foot industrial outdoor storage (IOS) facility in the northern Austin suburb of Pflugerville. The facility was built on 4.6 acres and features 24-foot clear heights and space to accommodate a variety of outside storage uses. The seller and sales price were not disclosed.

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Smith-Western-Building
AcquisitionsIndustrialWashingtonWestern

Kidder Mathews Negotiates Sale of 58,255 SF Industrial Building in Tacoma, Washington

by Amy Works

TACOMA, WASH. — Regional brokerage firm Kidder Mathews has negotiated the sale of a single-tenant industrial building located at 2223 S. 80th St. in Tacoma, approximately 35 miles south of Seattle. Matt McLennan and Andy Miller of Kidder Mathews represented the seller in the transaction, and Doug Klein of Kidder Mathews represented the buyer. Both parties requested anonymity. Built in 1993 on 2.4 acres, the 58,255-square-foot building is known locally as the Smith-Western Building and was fully leased at the time of sale to the wholesale distributor of souvenirs and tourist merchandise of the same name. The company has occupied the property since 1999 and recently executed a new 72-month lease beginning in Jan. 1, 2026 and running through Dec. 31, 2031. The lease also includes one five-year renewal option. Located within the Tacoma/Lakewood industrial submarket, the property provides immediate access to I-5 and connectivity to the Port of Tacoma, Seattle-Tacoma International Airport and the broader Puget Sound region. Building features include 24-foot clear heights, nine dock-high doors, two grade-level doors, three exterior levelers, a wet sprinkler system and 1,600 amps of power.

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AcquisitionsIndustrialMassachusettsNortheast

Galvanize Real Estate Acquires 360,000 SF Industrial Portfolio in Boston

by Taylor Williams

BOSTON — Galvanize Real Estate, the sustainable real estate arm of global asset manager Galvanize, has acquired a portfolio of three industrial buildings totaling 360,000 square feet in Boston. Known as the Liberty Logistics Portfolio, the buildings are located in the Metro West and Metro South submarkets. Specific addresses were not disclosed. Galvanize plans to retrofit the buildings with various sustainability features to reduce the portfolio’s total carbon emissions by 104 percent. The seller and sales price were not disclosed.

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DevelopmentIndustrialTexas

GPI Crest Underway on 202,284 SF Industrial Project in Brookshire, Texas

by Taylor Williams

BROOKSHIRE, TEXAS — GPI Crest, which is a joint venture between Giammalva Properties Inc. and Crest Realty Advisors, is underway on construction of a 202,284-square-foot industrial project in Brookshire, a western suburb of Houston. Known as Ninety West, the cross-dock building will be situated adjacent to Stream Realty Partners’ 2.3 million-square-foot Empire West development and will feature 36-foot clear heights. Powers Brown is the project architect, and Slate Construction is the general contractor. First Horizon Bank is financing the project, which is slated for a spring 2027 delivery. CBRE is the leasing agent.

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IndustrialLeasing ActivityLee & AssociatesTexas

Gulf Coast Crating Signs 151,650 SF Industrial Lease in Grand Prairie, Texas

by Taylor Williams

GRAND PRAIRIE, TEXAS — Gulf Coast Crating Inc. has signed a 151,650-square-foot industrial lease in Grand Prairie, located midway between Dallas and Fort Worth. The building at 1213 W. Carrier Parkway was completed in 1980 and totals 224,100 square feet. R.J. Flores, Mark Graybill and Reed Parker of Lee & Associates represented the undisclosed landlord in the lease negotiations. First Houston Properties represented Gulf Coast Crating.

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AcquisitionsIndustrialTexas

Brennan Buys 13,700 SF Industrial Outdoor Storage Facility in Metro Austin

by Taylor Williams

PFLUGERVILLE, TEXAS — Chicago-based Brennan Investment Group has purchased a 13,700-square-foot industrial outdoor storage (IOS) facility in the northern Austin suburb of Pflugerville. The facility, which was acquired via sale-leaseback with an undisclosed seller/tenant, was built on 3.4 acres in 2017 and features 24-foot clear heights, nine grade-level overhead doors, two five-ton cranes and a wash bay. The sales price was not disclosed.

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DevelopmentIndustrialMarylandSoutheastTop Stories

Anduril Industries to Invest $3.7B for 2 MSF Shipyard Facility in Maryland, Create 3,100 Jobs

by John Nelson

SPARROWS POINT, MD. — American defense contractor Anduril Industries has selected the 3,300-acre Tradepoint Atlantic logistics and industrial park in Maryland’s Baltimore County for the site of a new $3.7 billion shipbuilding operation. Dubbed Arsenal-2, the 2 million-square-foot facility will be developed on the former Bethlehem Steel site in Sparrows Point and will expand the U.S. Navy’s submarine industrial base. The facility is expected to directly create 3,100 permanent jobs in Maryland and support more than 14,000 jobs overall. The project is estimated to generate more than $2 billion in annual economic output, including $312 million in wages. Arsenal-2 represents the largest single private investment in Maryland and the state’s largest job creator in over a decade, according to the State of Maryland. “With this facility, thousands of Marylanders will have new pathways to work, wages and wealth through advanced training and high-skilled maritime manufacturing jobs,” says Maryland Gov. Wes Moore. “We thank Anduril for choosing Maryland, and we’re ready to build the future of the aerospace and defense economy together.” “Sparrows Point helped build the fleet that won World War II,” adds Brian Schimpf, co-founder and CEO of Anduril. “With Arsenal-2, Anduril will return large-scale shipbuilding to a site …

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IndustrialLeasing ActivityTexas

Sports Companies Sign Two Industrial Leases Totaling 150,000 SF in San Antonio

by Taylor Williams

SAN ANTONIO — M Padel, a racquet sport concept, and Socceroof, an operator of indoor soccer facilities, have signed two industrial leases totaling 150,000 square feet in San Antonio. The sports companies will occupy the former distribution buildings at 6558 E. Campus Drive and 6422 E. Campus Drive on the city’s northeast side, which total 50,000 and 150,000 square feet, respectively. Giancarlo Carriero, Tommy Tran and Carey Chan of NAI Robert Lynn represented the tenants in the lease negotiations. The name and representative of the landlord were not disclosed.

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