TAUNTON, MASS. — JLL has brokered the sale of a 198,720-square-foot distribution center in Taunton, located near the Massachusetts-Rhode Island border. Built in 2014, facility at 151 Charles F. Colton Road features a clear height of 28 feet, 30 loading docks, 23 trailer parking spaces and ESFR sprinkler system. Michael Restivo and David Coffman of JLL represented the seller, a fund managed by Brookfield Asset Management, in the transaction. An Ares Management Real Estate fund acquired the property, which was fully leased at the time of sale to a tire and automotive services company, for an undisclosed price.
ELMHURST, ILL. — FlashCo Manufacturing Inc., a manufacturer of roof flashings and accessories, has signed a 20,987-square-foot industrial lease at 849 N. Church Court in the Chicago suburb of Elmhurst. The institutionally owned and managed building in DuPage County is located less than one mile from access to I-290 and I-294 via Lake Street and Route 83. Chris Nelson of Lee & Associates of Illinois represented the tenant, while Al Caruana of Cushman & Wakefield represented the owner, TA Realty.
HARLINGEN, TEXAS — Marcus & Millichap has brokered the sale-leaseback of a 105,000-square-foot industrial building in the Rio Grande Valley city of Harlingen. The building sits on 9.1 acres and features 10 dock-high doors and one grade-level door. Adam Abushagur, Ernesto Melgar Campos, Tyler Ranft and Davis Cagle of Marcus & Millichap represented the seller and occupant, packaging provider Bulk-Pack Inc., in the transaction. The team also procured the buyer, an undisclosed private investor.
BARTOW COUNTY, GA. — Hines and Aubrey Corp. plan to co-develop a new 10 million-square-foot mixed-use community in Bartow County, a northwest suburban node of Atlanta. The master-planned project, called Aubrey Village, will sit on 2,390 acres at the I-75 interchange with U.S. Route 411, which is located near multibillion-dollar plants underway for Hyundai-SK Battery and QCells. Once complete, the development will include new manufacturing, data center and logistics facilities, as well as a supermarket, shops, restaurants, hotels and a variety of residential properties that will accommodate 2,800 families. The industrial-zoned land spans 1,200 acres and will accommodate two industrial parks. Aubrey Village will also feature a network of trails, parks and walkways and a Bartow County public school. The project is projected to be completed over the next 10 to 12 years in several phases, with Hines expecting to break ground on the initial infrastructure later this year or in 2026. Jim Ramseur and Samantha Wheeler with Lee & Associates represented Aubrey Corp. in venture formation, and Ramseur Real Estate Advisors will act as the managing consultant for the co-developers’ commercial and residential parcels moving forward.
FARMVILLE, VA. — Avaio Digital Partners has agreed to purchase 280 acres in Farmville to make way for a new $5 billion data center campus. The Connecticut-based data center developer and operator signed the land sale agreement with the Industrial Development Authority (IDA) of Prince Edward County. Andy Walsh of SugarOak Realty represented Avaio Digital and Rhett Weiss with Cottonwood Commercial represented the Prince Edward County IDA in the land transaction. Known as the Farmville Data Hub, the site is fully zoned for five data centers, has ready fiber access, utility access and water supply secured. Avaio Digital has also completed preliminary site engineering and is in the process with Dominion for 300 megawatts of power. The developer is also underway on a $3 billion data center campus in nearby Appomattox County, Va.
HOUSTON — Locally based brokerage firm Oxford Partners has arranged the sale of a 16,074-square-foot industrial building in East Houston. According to LoopNet Inc., the facility at 5611 Clinton Drive was built in 1945. Perry Mazzone and Matt Rogers of Oxford Partners represented the buyer, healthcare services provider ASC Solutions, in the deal. Lorin Miner and Bobby Tyson of Eastwood Realty represented the undisclosed seller.
TEMPE, ARIZ. — AEW Capital Management has provided a $68 million construction mortgage for the development of NextWave Tempe, a Class A industrial project in Tempe. A partnership between Overton Moore Properties and Invesco Real Estate broke ground on the project, which is located at 1500 N. McClintock Drive, in mid-January. Slated for completion in the fourth quarter, NextWave Tempe will feature 689,000 square feet of industrial space spread across three buildings.
LAS VEGAS — Milton Consulting, led by Jonathan Schwartz, has broken ground on the 324,404-square-foot Phase II of Mountain West Industrial Park in southwest Las Vegas. Situated on 18.8 acres at the intersection of South Tenaya Way and West Patrick Lane, Phase II will include four freestanding buildings with flexible suite configurations ranging from 7,150 square feet to 110,304 square feet. Construction on Buildings 5 and 6 will finish in late 2025, with Buildings 7 and 8 following in early 2026. Site improvements will wrap up alongside the buildings in the second phase. The four-building, 252,000-square-foot first phase is fully leased to a variety of tenants, including Mechanical Products Nevada, US Pharmatech and Spreadshirt. CBRE’s Willmore Industrial and Logistics team is overseeing marketing and leasing for Mountain West Industrial Park.
DENVER — John Propp Commercial Group has arranged the sale of an industrial property in Denver. River Rise Capital acquired the building from LG Investments for $5 million. Located at 4391 York St., the asset includes a 30,078-square-foot building situated on 1.7 acres. John Propp and Michael Honc of John Propp Commercial Group represented the seller in the deal. The new owner plans to hold the property as an investment after re-signing the tenant, United States Building Supply Co., to a new long-term lease.
EDEN PRAIRIE, MINN. — HM Cragg, a provider of backup power solutions, has signed a 92,224-square-foot industrial lease at Nexus at Opus Park in the Minneapolis suburb of Eden Prairie. Endeavor Development is the owner and developer for the two-building, 174,230-square-foot project. HM Cragg is relocating from 7490 Bush Lake Road in Edina and will open its new facility in early 2026. James DePietro and Matt Oelschlager of CBRE represented Endeavor, while Jay O’Brien of Great Places Co. represented the tenant. Nexus at Opus Park is a redevelopment of the former American Family Insurance office campus. Demolition of the 14.4-acre site is scheduled to begin in March, with both buildings slated for delivery in the fourth quarter. Opus Park is a larger mixed-use development.