Thursday, July 16, 2026
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Industrial

IndustrialNortheast

MIKRON CORP. DISPOSES OF 15,000-SQUARE-FOOT FLEX FACILITY

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MONROE, CONN. — Mikron Corp. has disposed of its 15,000-square-foot flex facility located in Monroe. The building is situated on 4.9 acres at 600 Pepper St. It was acquired by Fred George, who plans to consolidate the operations of his company, Accutrol Co., into the building. It will house the company's sales and service departments as well as a separate manufacturing area. Mikron Corp. will be relocating to a new facility in Monroe at 200 Main St. Bruce Wettenstein of Vidal/Wettenstein represented the buyer in the transaction. The acquisition price was not disclosed.

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IndustrialTexas

USAA COMPLETES 286,000-SQUARE-FOOT INDUSTRIAL LEASE

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WILMER, TEXAS — US Industrial REIT II, an affiliate of USAA Real Estate Co., has completed a lease for 286,000 square feet at I-45 Tradeport I, a distribution facility the company owns in Wilbur. The 520,000-square-foot building is situated at 101 Sunridge Blvd.; in features cross docking, 47 dock doors, 44 trailer positions with room for expansion and 140 truck courts. Gary Collett, Dan Cook, Mark Becker and Ashley Pope of Cushman & Wakefield represented USAA in lease negotiations. The tenant and the terms of the lease were not disclosed.

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IndustrialWestern

SCIENTIFIC FIRM SIGNS WAREHOUSE LEASE

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ESCONDIDO, CALIF. — BMT Scientific Marine Services has signed a 24,500-square-foot warehouse lease with 955 Borra Place LLC in Escondido. The firm leased the space, which is located at 955 Borra Place, for 120 months. BMT will occupy 72 percent of the fully leased building. Greg Pieratt and Tom Blackmore of Lee & Associates’ Carlsbad, Calif., office represented the tenant.

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IndustrialMidwest

MERIDIAN COMPLETES 506,800-SQUARE-FOOT DISTRIBUTION FACILITY

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ROMEOVILLE, ILL. — Meridian Design Build has completed construction for Bluff Point III Distribution Facility, located within Bluff Point Business Park in Romeoville. The building, which is situated at the intersection of Joliet and Bluff roads, totals 506,800 square feet. It features 30-foot clear ceiling heights, with the capability for up to 168 exterior docks and four drive-in doors. The developer of the project, as well as the rest of Bluff Point Business Park, is Land & Lakes Development Co. The project architect for Bluff Point III was Harris Architects.

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IndustrialMidwest

CBRE BROKERS 177,500-SQUARE-FOOT LEASE FOR LABRIOLA BAKING CO.

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ALSIP, ILL. — Labriola Baking Co. has signed a long-term lease that will expand and relocate its headquarters to Alsip. The bread maker now occupies 177,500 square feet at 3701 W. 128th Place. Its previous location, also in Alsip, was at 5324 W. 123rd Place. Larry Johnson of CB Richard Ellis represented Labriola in lease negotiations. Brad Weiner, George Maragos and Steve Livaditis, all of CB Richard Ellis, represented the landlord, Madison Partners Realty. Terms of the lease were not disclosed.

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IndustrialTexas

PCCP ACQUIRES FORMER OPUS INDUSTRIAL PROPERTY FOR $29.9 MILLION

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LEWISVILLE, TEXAS — PCCP LLC has acquired 121 Lakepointe Crossing, a three-building, 1.2 million-square-foot industrial property located in Lewisville, for $29.9 million. PCCP acquired the Class A asset from Opus West through the U.S. Bankruptcy Court. The property is currently 65 percent leased to four tenants. The acquisition was made on behalf of California Smart Growth Fund IV, PCCP's $746 million investment fund.

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IndustrialWestern

113,125-SQUARE-FOOT WAREHOUSE LEASED

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SANTA FE SPRINGS, CALIF. — Philadelphia Gear Corp. has signed a lease with Standard Precision for a 113,125-square-foot warehouse. The property is located at 12935 Imperial Highway in Santa Fe Springs. John McMillan of Cushman & Wakefield’s Los Angeles office represented the tenant. Mike Foley and Dave Hess of CB Richard Ellis’ Commerce, Calif., office represented Standard Precision. The 10-year lease is worth $8 million.

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IndustrialSoutheast

COBALT CAPITAL PARTNERS EXECUTES INDUSTRIAL LEASE

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ATLANTA — Dallas-based Cobalt Capital Partners, through its Cobalt Industrial REIT affiliate, has executed a 135,000-square-foot lease with Scott Distribution Service Inc. at 5201 Phillip Lee Dr. in Atlanta. Scoot Distribution Service is a provider of integrated logistics services including warehousing, fulfillment, transportation and packaging. Chip Watson of CB Richard Ellis represented the tenant.

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