Wednesday, October 15, 2025
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Industrial

Meacham-Commerce-Center-Fort-Worth
IndustrialLoansTexas

JLL Arranges Financing for 334,750 SF Industrial Property in Fort Worth

by Taylor Williams

FORT WORTH, TEXAS — JLL has arranged an undisclosed amount of financing for Meacham Commerce Center Building 1, a 334,750-square-foot industrial property in Fort Worth. The cross-dock facility was built on 19.4 acres in 2022 and features 36-foot clear heights, 70 dock-high doors, four drive-in ramps and parking for 240 cars and 103 trailers. Colby Mueck, John Beeler and John David Johnson of JLL arranged the loan through Protective Life Insurance Co. on behalf of the borrower, McCormack Commercial. Meacham Commerce Center will ultimately consist of four buildings totaling roughly 1.3 million square feet across 80 acres.

Continue Reading
FacebookTwitterLinkedinEmail
CaliforniaDevelopmentIndustrialWestern

Sudberry Starts Construction of Phase II of Otay River Business Park in Chula Vista, California

by Jeff Shaw

CHULA VISTA, CALIF. — Sudberry has started construction on the second phase of Otay River Business Park in Chula Vista.  Phase II will include two manufacturing and warehouse buildings that will total 205,335 square feet. A 97,230-square-foot building and 108,205-square-foot building will be located at 2995 and 2855 Faivre Street, respectively.  Pre-leasing is underway with sizes ranging from 25,000 to 108,000 square feet.  Sudberry’s development team includes TFW Construction, SCA Architecture, Lightfoot Planning Group, Ridge Landscape Architects (RLA) and Southland Paving.  Michael Mossmer of Voit Real Estate Services is providing brokerage services.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsCaliforniaIndustrialLoansWestern

Marcus & Millichap Arranges $6.5M in Acquisition Financing for Industrial Property in Santa Ana, California

by Jeff Shaw

SANTA ANA, CALIF. — Marcus & Millichap has arranged an acquisition loan of $6.4 million for an industrial property in Santa Ana. The 19,152-square-foot asset is located at 1820 S. Santa Fe St.  Richard Knorr of Marcus & Millichap Capital Corp. secured the financing with a national bank. The loan features a 6.14 percent interest rate with a 25-year self-liquidating term.  Drew Wetherholt and Colin Wu of Marcus & Millichap arranged the sale. The buyer and seller were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentIndustrialLoansNew YorkNortheast

Innovo Property Group Receives $354M in Financing for Queens Industrial Project

by Taylor Williams

NEW YORK CITY — Locally based investment and development firm Innovo Property Group has received $354 million in financing for a 720,000-square-foot industrial project located at 28-90 Review Ave. in the Long Island City area of Queens. Innovo received construction financing from Axos Bank and Cerberus Capital Management and equity from Goldman Sachs Asset Management. The breakdown of each component within the capital stack was not disclosed. Completion of the project is slated for 2025. Christopher Peck, Peter Rotchford, Tyler Peck and Nicco Lupo of JLL arranged the financing.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLeasing ActivityNortheastPennsylvania

Lexora Home Signs 70,000 SF Industrial Lease in York, Pennsylvania

by Taylor Williams

YORK, PA. — Lexora Home, a wholesale distributor of luxury bathroom fixtures and accessories, has signed a 70,000-square-foot industrial lease in York, about 100 miles west of Philadelphia. The building at 145 Morgan Lane was constructed in 2017 and features a clear height of 30 feet, two drive-in doors and an ESFR sprinkler system. Nicholas Klacik, Kevin Dudley, Chad Hillyer, Kate Granahan, John La Prise and Sean Bleiler of CBRE represented Lexora Home in the lease negotiations. Jason Turnbull of Rock Commercial Real Estate represented the undisclosed landlord.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialNAINew JerseyNortheast

NAI Hanson Brokers Sale of 7,987 SF Industrial Building in Hackensack

by Taylor Williams

HACKENSACK, N.J. — NAI James E. Hanson has brokered the sale of a 7,987-square-foot industrial building located at 101 S. State St. in Hackensack. The building offers a clear height of 22 feet, one drive-in door and 11 parking spaces. David Ukleja of NAI Hanson represented the seller, BCB Janitorial Supply Co. Inc., in the transaction and procured the buyer, an entity doing business as APEX 101 Holdings LLC. The sales price was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsDevelopmentIndustrialTexas

Colliers Arranges Sale of 17.6-Acre Industrial Development Site in Tomball, Texas

by Taylor Williams

TOMBALL, TEXAS — Colliers has arranged the sale of a 17.6-acre industrial development site within Tomball Business & Technology Park on the northwestern outskirts of Houston. Tom Condon Jr. and John Grimsley of Colliers represented the seller, The Tomball Economic Development Corp., in the transaction. Will Condrey of Cresa represented the buyer, which plans to develop two build-to-suit facilities at the site for Walsh & Albert and Metal Zinc. Both of these companies supply products for HVAC systems.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLeasing ActivityLee & AssociatesTexas

Lee & Associates Negotiates 25,125 SF Industrial Lease in Mansfield, Texas

by Taylor Williams

MANSFIELD, TEXAS — Lee & Associates has negotiated a 25,125-square-foot industrial lease in Mansfield, a southern suburb of Fort Worth. According to LoopNet Inc., the property at 2151 Heritage Parkway consists of two buildings with 30-foot clear heights and 3,800 square feet of office space. Robert Miller of Lee & Associates represented the tenant in the lease negotiations. The name and representative of the landlord were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
CaliforniaDevelopmentIndustrialWestern

CapRock Partners Buys 22 Acres Within World Logistics Center in Moreno Valley, California

by Jeff Shaw

MORENO VALLEY, CALIF. — CapRock Partners has purchased a 22.1-acre parcel within the World Logistics Center master-planned development in Moreno Valley.  The company plans to develop CapRock Global Logistics, a 500,000-square-foot, LEED-certified industrial warehouse on the site. The development will accommodate a wide range of uses, including e-commerce, manufacturing and distribution.  At completion, the property will feature 36-foot clear height, 65 dock-high doors and up to 10,000 square feet of two-story office space. The property will offer 88 trailer parking stalls, 339 auto parking stalls, a truck court depth of 185 feet and a secured concrete yard.  Stefan Pastor and Brad Yates at Stream Realty Partners represented CapRock in the sale. Mark Repstad at Southland Commercial Real Estate represented the undisclosed seller.

Continue Reading
FacebookTwitterLinkedinEmail
ArizonaDevelopmentIndustrialWestern

Silver Creek Starts Construction of Sossaman Business Campus Industrial Complex in Mesa, Arizona

by Jeff Shaw

MESA, ARIZ. — Silver Creek Development has started construction on Sossaman Business Campus, an eight-building industrial complex in Mesa.  The 330,000-square-foot asset will be built on a 26-acre site at the intersection of Sossaman and Elliot roads, across from Google’s $800 million data center campus.  The development will include eight free-standing speculative industrial buildings ranging from 24,000 square feet to 60,000 square feet. They will feature 28-foot clear heights, ESFR sprinklers, 1600 to 2500 amps of power, and grade-level and dock-high loading doors for each building.  A groundbreaking ceremony will take place June 20, with delivery scheduled for the first quarter of 2025.  Arco Mountain West, the Arizona arm of Arco Construction Co., is serving as general contractor, while ADW Architects designed the project. Mark and Luke Krison of CBRE will handle the marketing and leasing efforts. 

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts