Industrial

HOUSTON — Stream Realty Partners has brokered the sale of a 27,500-square-foot industrial building in North Houston. According to LoopNet Inc., the building at 608 W. Richey Road was built on 5.9 acres in 1982. Jon Farris of Stream represented the seller, Superior Energy Services, in the transaction. Andrew Laycock of Partners Real Estate represented the buyer, Axis Partners.

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9260-Mesa-Linda-St-Hesperia-CA

HESPERIA, CALIF. — Newcastle Partners has broken ground on an industrial development located at 9260 Mesa Linda St. in Hesperia. Situated on 18.3 acres with immediate access to I-15, the project will offer 406,138 square feet of Class A industrial space. Ryan Lal and Dante Borruso of Voit Real Estate Services are overseeing all marketing, sales and leasing efforts for the property.

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DENVER — Pinnacle Real Estate Advisors has directed the $2.9 million sale of an industrial building located at 4571 Ivy St. in Denver. Mark Alley of Pinnacle handled the transaction. The names of the buyer and seller were not released. The 15,500-square-foot building features a secure yard for outdoor storage.

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HOUSTON — Colliers has negotiated a 189,000-square-foot industrial lease in northwest Houston. The tenant was not disclosed. The newly constructed building at 8020 Northcourt Road features 32-foot clear heights, 48 dock‑high doors, two drive-in ramps and 180-foot truck court depths. Robert McGee, Taylor Schmidt and Austin Bartula of Colliers represented the landlord, Provident Industrial, in the lease negotiations. The deal accounts for about 77 percent of the building’s total space.

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HOUSTON — Wholesale Electric Supply has signed a 74,880-square-foot industrial lease in East Houston. According to showcase.com, the building at 615 E. Sam Houston Parkway S features a cross-dock configuration, 32-foot clear heights, 26 dock-high doors and 1,800 square feet of office space. Tyler Maner, Jon Farris and Jake Linderman of Stream Realty Partners represented the tenant in the lease negotiations. Holden Rushing and Chris Haro of Partners Real Estate represented the landlord, First Industrial Realty Trust.

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SAN DIEGO — PSRS has arranged the $3.2 million owner-user purchase of an industrial property located on Custer Street in San Diego. The 15,000-square-foot property is situated on two adjacent parcels and consists of metal-construction warehouse buildings. The deal was financed with a private lender and an SBA 504 loan, featuring a 91 percent loan-to-value ratio, a 25-year term and a 25-year amortization. Jen Mustard of PSRS arranged the transaction.

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BREMEN, IND. — CBRE has arranged the $5.3 million sale of a 142,914-square-foot industrial property at 833 Legner St. in Bremen, a city in northern Indiana. A building was fully leased with 6.3 years remaining on the lease to Patrick Industries, a manufacturer and supplier of interior and exterior component solutions for the RV, marine, powersport and housing markets. Situated on 9.7 acres, the facility features 16 grade-level doors with clear heights ranging from 12 to 24 feet. Kevin Foley, Austin Wolitarsky, Anthony DeLorenzo and Terry Busch of CBRE represented the private seller. The asset sold to a private, high-net-worth 1031 exchange buyer from California.

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Dogwood Logistics Center

CONYERS, GA. — JLL Capital Markets has arranged a $44.1 million financing package comprising joint venture equity and debt for the development of Dogwood Logistics Center, a 388,960-square-foot industrial property under development in Conyers, about 24 miles east of downtown Atlanta. Bobby Norwood, Mark Sixour, Hamp Gibbs and Streeter Simmons of JLL secured a $25.4 million construction loan through Pinnacle Financial Partners on behalf of the developer, Holder Properties. Hartford Investment Management Co. (HIMCO) provided $18.7 million in joint venture equity. Scheduled to deliver in summer 2026, Dogwood Logistics Center will feature two shallow-bay, rear-load buildings spanning 205,265 square feet and 187,593 square feet. The facilities will offer 36-foot clear heights, concrete tilt-wall construction, 60-foot dock bay depths, 210- to 230-foot building depths and TPO roofing. Additionally, the property will provide two exits along I-20. Dogwood Logistics Center marks Holder Properties’ second industrial project in 2025 with Pinnacle Financial Partners and HIMCO. 

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DALLAS — Atlanta-based Stonemont Financial Group has acquired a 224,060-square-foot industrial service facility in southwest Dallas. The site at 3912-4012 W. Illinois Ave. spans 24.8 acres and functions as a heavy equipment and fabrication facility with nearly 10 acres of stabilized outdoor storage space. The facility was fully leased at the time of sale. The seller and sales price were not disclosed.

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SPRING, TEXAS — Locally based brokerage firm Oxford Partners has arranged the sale of an 18,000-square-foot industrial flex building in Spring, a northern suburb of Houston. According to LoopNet Inc., the single-tenant building at 1271 Rayford Bend Road was constructed on 2.5 acres in 2013. Nathan Buckhoff and Matt Rogers of Oxford Partners represented the seller, Texas Properties Ltd., in the transaction. Kevin Caywood of Stream Realty Partners represented the undisclosed buyer.

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