Saturday, February 7, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Industrial

AcquisitionsCaliforniaIndustrialWestern

EverWest Acquires 101,175 SF Warehouse in Long Beach, California

by Jeff Shaw

LONG BEACH, CALIF. — EverWest Real Estate Investors has acquired a 101,175-square-foot warehouse facility in Long Beach.  The facility is situated immediately off interstates 710 and 405, just north of the Ports of Long Beach/Los Angeles. The building features up to 22-foot clear height, 12 dock-high and three grade-level doors, a separate truck court and a secured fenced storage yard. It is fully leased to FLS Warehouse and Distribution. The site also offers significant acreage deployable for a variety of uses, including industrial outdoor storage (IOS).  Abie Kassin, Ikey Betesh and Michael Schoenbrun of Meridian Investment Sales represented both the buyer and the seller in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
ArizonaIndustrialLeasing ActivityWestern

Tempur-Pedic Preleases Space at Buckeye85 Industrial Development in Tolleson, Arizona 

by Jeff Shaw

TOLLESON, ARIZ. — Tempur-Pedic has signed a full building prelease at Buckeye85 near Phoenix’s I-10 Corridor. It is located at 10333 W. Buckeye Road in Tolleson.  The lease brings the $60 million warehouse and distribution project to full occupancy prior to construction completion. The 321,892-square-foot space will become home to a new Tempur-Pedic distribution center, allowing to the company to continue expanding its long-standing, multi-building metro Phoenix logistics presence.  JLL’s Riley Gilbert represented Tempur-Pedic in the lease agreement. Lincoln Property Co. owns Buckeye85. 

Continue Reading
FacebookTwitterLinkedinEmail
130-Crossing-Pflugerville
DevelopmentIndustrialTexas

Ironwood Underway on 490,000 SF Industrial Project in Pflugerville, Texas

by Taylor Williams

PFLUGERVILLE, TEXAS — Dallas-based developer Ironwood Realty Partners is underway on construction of a project in the northern Austin suburb of Pflugerville that will add 490,000 square feet of industrial space across three buildings to the local supply. The project represents the third and final phase of 130 Crossing, a development whose first two phases featured five buildings totaling 675,000 square feet. Alliance Architects is designing Phase III, and Catamount Constructors is serving as the general contractor. Stream Realty Partners is the leasing agent. Completion is slated for the fourth quarter.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentIndustrialNortheastPennsylvania

Ashford Partners Begins Vertical Construction on $100M Industrial Project Near Pittsburgh

by Taylor Williams

NORTH FAYETTE, PA. — Locally based developer Ashford Partners has begun vertical construction on North Fayette Industrial Park, a $100 million project in North Fayette, a western suburb of Pittsburgh. Plans for the 164-acre development currently call for nine buildings totaling roughly 850,000 square feet. Ashford Partners expects to deliver the first of the eight 100,000-square-foot buildings, which will feature a clear height of 30 feet, 10 loading dock doors, two drive-in doors and an ESFR sprinkler system, by the end of the year. Bateman NFIA & Associates is Ashford’s financial partner on North Fayette Industrial Park.

Continue Reading
FacebookTwitterLinkedinEmail
IllinoisIndustrialLeasing ActivityLee & AssociatesMidwest

Coaster Co. Signs 150,209 SF Industrial Lease in Roselle, Illinois

by Kristin Harlow

ROSELLE, ILL. — Coaster Co. (COA Inc.) has signed an industrial lease to fully occupy Turnberry 5 in Roselle, which is located in Chicago’s North DuPage submarket. The 150,209-square-foot building is situated at 1550 Central Ave. within Turnberry Industrial Park. Jeff Janda and Tim Cronin of Lee & Associates represented COA, which is relocating from Des Plaines, Ill. Mike Freitag, Kelly Disser and Dan Leahy of NAI Hiffman represented the owner, Prologis. COA distributes and supplies household furniture.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentFloridaIndustrialLeasing ActivitySoutheast

Circularix Signs 67,250 SF Industrial Lease at Airport Logistics Park in Ocala, Florida

by Hayden Spiess

OCALA, FLA. — Circularix has signed a 67,250-square-foot lease at Airport Logistics Park, an industrial development currently underway at 2675 Southwest 60th Avenue in Ocala. Phase I of the project, which totals 725,400 square feet across three buildings, is now fully preleased. The tenant is scheduled to occupy the space beginning in the first quarter of 2024. Rian Smith, Kris Courier and Josh Tarkow of CBRE represented the landlord, Leon Ocala Holdings IV, in the lease negotiations. The second phase of the project, which is located adjacent to Ocala International Airport, could add up to 400,000 square feet to the property. 

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsCaliforniaIndustrialLife SciencesWestern

NEXGEN Purchases Life Sciences Facility in Newbury Park, California for $6.2M

by Jeff Shaw

NEWBURY PARK, CALIF. — NEXGEN has acquired a 23,919-square-foot industrial life sciences/laboratory facility in Newbury Park for $6.2 million.  The facility is located at 3615 Old Conejo Road within the USA Business Park in the Conejo Valley industrial market.  Century 21 represented NEXGEN in the transaction. Matt Ehrlich and Marcos Villagomez of NAI Capital Commercial represented the seller, Dao Bui Holdings. Ehrlich and Villagomez spent more than a year on the project, facilitating the lease termination and departure of the former tenant and assisting as de facto property managers.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentIndianaIndustrialMidwest

Opus Breaks Ground on 289,000 SF Spec Industrial Project in Merrillville, Indiana

by Kristin Harlow

MERRILLVILLE, IND. — The Opus Group has broken ground on a 289,000-square-foot speculative industrial building in Merrillville, a city in Northwest Indiana. The 37-acre project site is located one mile from I-65. The building will feature a clear height of 32 feet, 30 dock doors, 239 auto parking stalls and 58 dedicated trailer parking stalls. Completion is slated for December. Opus is the developer, design-builder, architect and structural engineer. Old National Bank is the construction lender. Ryan Klink and Sean Henrick of Cushman & Wakefield are marketing the project for lease.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialMassachusettsNortheast

Marcus & Millichap Arranges $7M Sale of Industrial Property in North Attleborough, Massachusetts

by Taylor Williams

NORTH ATTLEBOROUGH, MASS. — Marcus & Millichap has arranged the $7 million sale of a 48,000-square-foot industrial property in North Attleborough, located outside of Providence in the southern part of the Bay State. The property was built on seven acres in 2006 and features clear heights of 19 to 21 feet, 16 drive-in doors and 68 car parking spots. At the time of sale, the property was leased to tenants such as Tri-Alpha Gymnastics, Fastenal Co., Autopart International and Red Herring Motion Picture Lighting Inc. Harrison Klein and James Manning of Marcus & Millichap represented the seller and procured the buyer, both of which were private investors that requested anonymity, in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
9320-Telstar-Ave-El-Monte-CA
CaliforniaIndustrialMarket ReportsWesternWestern Market Reports

Supply Constraints Continue to Drive Value for LA’s Industrial Market

by Jeff Shaw

— By Tony Solomon, Senior Vice President, District Manager, Marcus & Millichap — Industrial continues to be one of the most sought-after asset classes across the Los Angeles County commercial real estate market. This year, the metro will maintain its position as one of the tightest industrial markets in the nation. It also ranks fifth in rent growth among major markets west of the Mississippi.  For the 17th time in the past 18 years, the Los Angeles metro’s industrial stock will increase by less than 1 percent, as 4.3 million square feet is slated for delivery. Supply additions will be concentrated in the South Bay and San Gabriel Valley, leaving less than 1 million square feet to come online in the rest of the county. While vacancy was below 2 percent in four of the metro’s biggest submarkets to start 2023, speculative completions and industrial users re-evaluating their space requirements will push vacancy to 3 percent by year end. This is a rate 80 basis points under the long-term mean. Rents are projected to grow by 7.6 percent as a result, bringing the average asking rate to $21 per square foot.  Part of this rise in vacancy can also be …

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts