Tuesday, September 16, 2025
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Industrial

DevelopmentGeorgiaIndustrialSoutheast

Logistics Property Co. Breaks Ground on Second Phase of 1 MSF Industrial Park in Gainesville, Georgia

by John Nelson

GAINESVILLE, GA. — Logistics Property Co. has broken ground on Phase II of Gainesville 85 Business Center, a 1 million-square-foot, four-building industrial park in Gainesville. Phase II will comprise two buildings, 1800 and 1850 Fulenwider, that span 326,040 square feet. The project is situated along I-985 in Atlanta’s Northeast 85 industrial submarket and offers access to U.S. Route 129, I-85 and the upcoming Northeast Georgia Inland Port that will connect to the Port of Savannah via rail. Building 1800 will total 126,360 square feet with 32-foot clear heights and Building 1850 will span 199,680 square feet with 36-foot clear heights. The design-build team includes general contractor FCL Builders, architect POH+W Architects and civil and structural engineer Haines Gipson & Associates. Todd Barton, Joanna Blaesing, Mark Hawks and Matt Higgins of CBRE are marketing Gainesville 85 Business Center on behalf of the developer. The park is Logistics Property’s third development in the metro Atlanta area, joining Covington Commerce Center and Oakwood 985 Business Park. The developer plans to deliver Phase II of Gainesville 85 in second-quarter 2026.

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AcquisitionsIndustrialSouth CarolinaSoutheast

Denholtz Acquires 103,897 SF Industrial Park in Greenville

by John Nelson

GREENVILLE, S.C. — Denholtz has acquired a 103,897-square-foot flex industrial park located at 1 Marcus Drive in Greenville. The four-building, multi-tenant property features 16.7-foot clear heights, a sprinkler system, 21 dock doors, seven drive-in doors and more than 350 onsite surface parking spaces. Rhett Craig, Blaine Hart, Matt Smith, Charles Gouch, Shelby Dodson, Patrick Gildea and Robert Hardaway of CBRE represented Denholtz in the transaction with RealOp Investments. The sales price was not disclosed. 1 Marcus Drive is the second acquisition in South Carolina for Denholtz.

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AcquisitionsIndustrialTexas

BKM Capital Partners Buys 242,555 SF Industrial Portfolio in Southwest Houston

by Taylor Williams

HOUSTON — California-based investment firm BKM Capital Partners has purchased a portfolio of two adjacent industrial properties totaling 242,555 square feet across eight buildings in southwest Houston. Southwest Business Park totals 131,000 square feet across three buildings, and Stonecrest Business Center totals 111,555 square feet across five buildings. Combined, the properties offer 39 suites with a current occupancy rate of about 70 percent. BKM Capital, which plans to implement capital improvements, purchased the portfolio for $29.5 million from Fort Worth-based investment firm Fort Capital.

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AcquisitionsConnecticutIndustrialNortheast

Colliers Negotiates Sale of 30,829 SF Industrial Building in Farmington, Connecticut

by Taylor Williams

FARMINGTON, CONN. — Colliers has negotiated the sale of a 30,829-square-foot industrial building in Farmington, located just west of Hartford. The sales price was $1.9 million. According to LoopNet Inc., the building at 145 Hyde Road was constructed on 6.5 acres in 1966 and features a clear height of 16 feet and two dock-high loading doors. Christian Dietz of Colliers brokered the deal. The buyer and seller were not disclosed.

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DevelopmentIllinoisIndustrialMidwest

Mohr Capital Breaks Ground on 1 MSF Industrial Build-to-Suit in DeKalb, Illinois

by Kristin Harlow

DEKALB, ILL. — Mohr Capital has acquired 147 acres in DeKalb and broken ground on a 1 million-square-foot, build-to-suit distribution facility for an undisclosed national client. The project has the ability to be expanded to 1.5 million square feet. Located at the northwest corner of Peace Road and Fairview Drive, the facility will serve as a warehouse and distribution hub, supporting the client’s regional operations. Mohr Capital and the tenant have signed a 12-year lease for the building. The project team includes Pepper Construction, Curran Architecture and Willet Hoffman as civil engineer. CBRE’s Chicago-based project management team will oversee the development on behalf of Mohr.

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DevelopmentGeorgiaIndustrialSoutheast

JS Link America to Invest $223M for Permanent Magnet Manufacturing Facility in Columbus, Georgia

by Abby Cox

COLUMBUS, GA. — JS Link America, a wholly owned U.S. subsidiary of the Korean biotechnology company JS Link, will invest $223 million for the construction of a new permanent magnet manufacturing facility in Columbus. Permanent magnets are materials that create their own persistent magnetic field and aren’t dependent on external power sources to attract or repel other magnetic materials. Permanent magnets are often used in wind turbines, elevators, home appliances, data centers, consumer electronics, Urban Air Mobility (UAM), defense systems and within the medical and automobile industries. Situated within Muscogee Technology Park, the facility is expected to create more than 520 engineering, production, construction, administrative and management jobs. Operations for the 130,000-square-foot facility are expected to begin in late 2027 with an annual production capacity of 3,000 tons. Jacob Lee, in partnership with the Development Authority of Columbus, Georgia Quick Start and Georgia Power, internally represented the Georgia Department of Economic Development (GDEcD) Global Commerce team in the JS Link America deal. JS Link is also nearing completion on a similar permanent magnet facility in Yesan, Korea, with an anticipated pilot production run this month and an annual capacity of 1,000 tons.

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IndustrialLoansNortheastPennsylvania

Affinius Capital Provides $132.4M Loan for Refinancing of Metro Philadelphia Industrial Property

by Taylor Williams

BUCKS COUNTY, PA. — Affinius Capital has provided a $132.4 million loan for the refinancing of an 815,000-square-foot industrial property located northeast of Philadelphia in Bucks County. Known as Lower Bucks Logistics Hub, the newly constructed facility comprises two buildings — a 361,000-square-foot rear-load structure and a 453,000-square-foot cross-dock structure — with clear heights of 40 feet. Chad Orcutt and Michael Pagniucci of JLL arranged the loan through Affinius Capital on behalf of the borrower, a joint venture between an affiliate of Boston-based Foxfield, and an undisclosed, New York-based real estate private equity firm.

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AcquisitionsArizonaIndustrialWestern

Sword Industrial Partners Acquires 135,000 SF Mountain Vista Commerce Center in Phoenix

by Amy Works

PHOENIX — Sword Industrial Partners has purchased Mountain Vista Commerce Center, a three-building industrial complex in Phoenix’s Southwest Valley. Sword Industrial Partners was formed by MAG Capital Partners and Scott Word to pursue multi-tenant infill industrial properties in the Western United States. Located at 14647 S. 50th St., the 135,000-square-foot Mountain Vista Commerce Center features 18-foot clear heights, 33 grade-level roll-up doors and flexible floor plates of varying bay depths. At the time of sale, the warehouse asset was fully leased to tenants in engineering, real estate and light manufacturing. Eric Wichterman, Chris Toci, Mike Coover, Will Strong, Phil Haenel, Foster Bundy, Molly Hunt, Jack Stamets and Madeline Warren of Cushman & Wakefield represented the seller, a Dallas-based private fund. Terms of the transaction were not released.

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DevelopmentIndustrialTexasTop Stories

TCC, Daiwa House Complete 1.3 MSF Industrial Project in Southwest Houston

by Taylor Williams

HOUSTON — A joint venture between Trammell Crow Co. (TCC) and Japanese developer Daiwa House has completed Blue Ridge Commerce Center, a 1.3 million-square-foot industrial project in southwest Houston. Construction began in August 2024. The site spans 92 acres at the northwest corner of Fort Bend Parkway and McHard Road in Fort Bend County. The development consists of five buildings that range in size from 153,928 to 431,017 square feet. The buildings feature a mix of front-load, rear-load and cross-dock configurations with clear heights that range from 28 to 36 feet. Seeberger Architecture designed the project, and E.E. Reed Construction served as the general contractor. Sumitomo Mitsui Banking Corp. financed the development, and CBRE is marketing the space for lease. Another project partner, Linco Construction, undertook infrastructure improvements as part of the project, which included new public roads, traffic signals, underground utilities, a regional storm water detention pond and public sidewalks. “The greater Houston region continues to prove itself as a magnate for modern logistics and manufacturing users,” says George Farish, principal at TCC. “With immediate access to major transportation corridors including the Fort Bend Parkway, Beltway 8 and U.S. Highway 90, we’re confident that Blue Ridge will serve as …

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IndustrialLeasing ActivityTexas

Aero Dynamix Signs 27,737 SF Industrial Lease Renewal in Euless, Texas

by Taylor Williams

EULESS, TEXAS — Aero Dynamix Inc. has signed a 27,737-square-foot industrial lease renewal in Euless, located in the northern-central part of the metroplex. The designer and manufacturer of night-vision imaging products and services will remain a tenant within two different structures at Euless Industrial Park, a 227,319-square-foot development. Michael Spain and Jason Finch of Bradford Commercial Real Estate Services represented the landlord in the lease negotiations. The tenant representative was not disclosed.

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