Industrial

Poettker Construction Delivers 946,000 SF Second Phase of Gateway85 Industrial Park in Metro Charlotte

by John Nelson September 13, 2023

GASTONIA, N.C. — Poettker Construction has delivered the second phase of Gateway85, a 300-acre industrial park in the west Charlotte suburb of Gastonia. Developed by NorthPoint Development, the park is located near I-85 to the south and N.C. Highway 7 to the north. Phase II features Building 4, a 241,000-square-foot rear-load warehouse with 36-foot clear heights and 22 dock doors (expandable to 45), and Building 7, a 705,000-square-foot cross-dock warehouse with 40-foot clear heights and 70 dock doors (expandable to 140). The second phase spans 55 acres. At full build-out, Gateway85 will comprise 3.6 million square feet of industrial space.

September 13, 2023

Industrial Leasing Activity South Carolina Southeast

Dalfen Signs AERO Logistics to 80,914 SF Industrial Lease in Charleston

by John Nelson September 13, 2023

CHARLESTON, S.C. — Dallas-based Dalfen Industrial has signed AERO Logistics to an 80,814-square-foot lease at Eastport Distribution Center in Charleston. The tenant, which supports refrigerated supply chain efforts for third-party logistics, freight forwarding and airline cargo users, signed the five-year lease. Kevin Coats and Lee Allen of JLL represented Dalfen in the lease negotiations. Eastport Distribution Center is situated near I-26 and within 2.5 miles from Charleston International Airport.

September 13, 2023

Development Industrial Texas

Stream Realty, Principal Asset Management Complete 1 MSF Spec Industrial Project Near Port Houston

by Taylor Williams September 13, 2023

HOUSTON — A joint venture between Stream Realty Partners and Principal Asset Management has completed Portside Logistics Center, a 1 million-square-foot speculative industrial project located near Port Houston in Baytown. Portside Logistics Center consists of an expandable 760,000-square-foot, cross-dock building and a flexible 260,000-square-foot, front-load building. The structures offer 40- and 36-foot heights, respectively, as well as office space and fully fenced truck courts. Stream is also the leasing agent for the property.

September 13, 2023

Industrial Leasing Activity Texas

Newmark Negotiates 162,500 SF Industrial Lease Extension in Irving

by Taylor Williams September 13, 2023

IRVING, TEXAS — Newmark has negotiated a 162,500-square-foot industrial lease extension at International Commerce Park in Irving. According to LoopNet Inc., the building at 1011 N. 28th Ave. was built in 2006 and totals 205,000 square feet. Blake Anderson of Newmark represented the tenant, packaging and fulfillment services provider AmeriPac, in the lease negotiations. Stream Realty Partners represented the unnamed landlord.

September 13, 2023

Development Industrial Texas

H-E-B Opens 100,000 SF E-Commerce Fulfillment Center in Katy, Texas

by Taylor Williams September 13, 2023

KATY, TEXAS — Texas-based grocer H-E-B has opened a 100,000-square-foot e-commerce fulfillment center at 2102 Elrod Road in the western Houston suburb of Katy. The facility, which is expected to employ about 300 people on full- and part-time bases, is the seventh that the grocer has opened in Texas since 2018, with more planned to launch by the end of next year.

September 13, 2023

Industrial Leasing Activity Texas

Horizon Forest Products Signs 30,600 SF Industrial Lease in Northwest Houston

by Taylor Williams September 13, 2023

HOUSTON — Horizon Forest Products has signed a 30,600-square-foot industrial lease at 9284 Baythorne Drive in northwest Houston. Jon Michael, Ed Bane and J.D. Dieckman of Bridge Commercial Real Estate represented the landlord, Teachers Insurance & Annuity Association of America (TIAA) in the lease negotiations. George Montes of locally based brokerage firm Cypressbrook Co. represented the tenant.

September 13, 2023

Craig-Road-Logistics-Center-North-Las-Vegas-NV

Development Industrial Nevada Western

Rockefeller Group to Redevelop Former Walmart Site in North Las Vegas into Craig Road Logistics Center

by Amy Works September 13, 2023

NORTH LAS VEGAS, NEV. — Rockefeller Group has acquired a former Walmart Supercenter site for the development of Craig Road Logistics Center, an industrial project at the intersection of Craig Road and North Nellis Boulevard in North Las Vegas. Terms of the transaction were not released. Situated on 19 acres, Craig Road Logistics Center will feature two speculative building offering a total of 369,198 square feet of industrial space. The 227,660-square-foot building will feature 36-foot clear heights, 176 auto parking stalls and 29 dock doors. The 141,538-square-foot facility will offer 32-foot clear heights, 219 auto parking stalls and 18 dock doors. Additionally, both buildings will offer a variety of state-of-the-art features to ensure the project is a Class A facility. Lee & Sakahara Architects will design the project, TWC Construction will serve as general contractor and Taney Engineering will serve as civil engineer. Rockefeller Group represented itself in the land purchase. Jason Simon and Rob Lujan of JLL’s Las Vegas office will be listing brokers for the project.

September 13, 2023

Development Industrial Nevada Western

Alston Construction Breaks Ground on $18M Simmons Airpark Industrial Project in Las Vegas

by Amy Works September 13, 2023

LAS VEGAS — Alston Construction, as general contractor, has started construction of Simmons Airpark, located at 2880 Simmons St. in Las Vegas. Situated on 9 acres, Simmons Airpark will feature a 182,184-square-foot warehouse with 36-foot clear heights, concrete tilt walls and a panelized roof structure. The project team includes Panattoni Development as owner and developer, Lee & Sakahara Architects as architect and Taney Engineering as civil engineer. The $18 million project is slated for completion in June 2024.

September 13, 2023

Acquisitions California Industrial Western

CapRock Partners Buys 165,070 SF Industrial Facility in San Dimas, California

by Amy Works September 13, 2023

SAN DIMAS, CALIF. — CapRock Partners has completed the acquisition of 300 E. Arrow Highway, a single-tenant industrial building in San Dimas. The company purchased the property from an undisclosed investor in an all-cash transaction. Barbara Perrier, Darla Longo and Rebecca Perlmutter of CBRE facilitated the deal. Built in 1972 and expanded in 1989, the 165,070-square-foot building features 15 dock-high doors, one ground-level door, a 130-foot secured truck court and multiple points of ingress/egress. Additionally, the property offers ample parking, 4,000A/480V power and approximately 21,000 square feet of two-story office space. Western Pacific Storage Solutions, a leader in engineering and manufacturing of industrial storage solutions, shelving systems and material handling, has fully occupied the facility for its manufacturing operations since 2001.

September 13, 2023

Acquisitions Colorado Industrial Western

Comunale Properties Purchases Industrial Building in Denver

by Amy Works September 13, 2023

DENVER — Comunale Properties has purchased an industrial facility, located at 1870 W. 64th Lane in Denver, from Manhattan Fund XXI LLC for an undisclosed price. The acquisition is part of Comunale’s Private Capital Core long-duration income strategy, which has industrial holdings across six states. The industrial property is fully leased to three tenants. The building features 20-foot clear heights, modern features and tilt-up construction. Brandon Kramer of Marcus & Millichap represented the seller in the deal.

September 13, 2023

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