Tuesday, July 14, 2026
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Industrial

DevelopmentFloridaIndustrialSoutheast

Woodmont, Butters, PCCP Break Ground on 303,364 SF Industrial Project in South Florida

by John Nelson

JUPITER, FLA. — Woodmont Industrial Partners, Butters Construction & Development and PCCP LLC have broken ground on the first building of a 303,364-square-foot industrial project in Palm Beach County. Situated within Palm Beach Park of Commerce in Jupiter, the building, the first of eight, will feature 40-foot clear heights, 60-foot speed bays, 43 dock high doors, two drive-in doors, roughly 196-foot truck courts and 26 trailer parking spaces. Construction of the project is expected to be complete in the second quarter of 2024. The joint venture acquired the property, located at 15430 Corporate Road N, in December 2021.

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AcquisitionsIndustrialMassachusettsNortheastSelf-Storage

Marcus & Millichap Brokers Sale of 1,100-Unit Self-Storage Facility in Peabody, Massachusetts

by Taylor Williams

PEABODY, MASS. — Marcus & Millichap has brokered the sale of Andover Street Self Storage, a 1,100-unit facility located on the northern outskirts of Boston in Peabody. The facility spans 76,396 net rentable square feet. Nathan Coe, Brett Hatcher and Gabriel Coe of Marcus & Millichap represented the seller, a limited liability company, in the transaction. The buyer was not disclosed. Thomas Shihadeh of Marcus & Millichap assisted in closing the deal as the broker of record.

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IndianaIndustrialLeasing ActivityMidwest

Rockwell Automation Signs 369,449 SF Industrial Lease Renewal in Suburban Indianapolis

by Kristin Harlow

WHITESTOWN, IND. — Rockwell Automation Inc. (NYSE: ROK) has signed a 369,449-square-foot industrial lease renewal at Anson8A within the AllPoints at Anson industrial park in Whitestown, a northern suburb of Indianapolis. The property is situated near the I-65 logistics corridor. Jimmy Cohoat and Jason Speckman of Colliers represented the landlord, CBRE Investment Management.

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IndustrialIowaLeasing ActivityMidwest

Meristem Inks 42,810 SF Industrial Lease in Council Bluffs, Iowa

by Kristin Harlow

COUNCIL BLUFFS, IOWA — Meristem Crop Performance Group LLC has inked a 42,810-square-foot industrial lease at 2101 S. 35th St. in Council Bluffs. The property is situated near I-29. Meristem is looking to expand its operations into metro Omaha. Kevin Stratman and Sydney Weller of Investors Realty represented the landlord, V & R Joint Venture.

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AcquisitionsIllinoisIndustrialMidwest

Lee & Associates Negotiates $2.7M Sale of Truck Maintenance Facility in South Elgin, Illinois

by Kristin Harlow

SOUTH ELGIN, ILL. — Lee & Associates of Illinois has negotiated the $2.7 million sale of a 21,627-square-foot truck maintenance facility in South Elgin. The property at 1790 Gilpen Ave. features 20 drive-in doors and 1,904 square feet of office space. Kenneth Franzese and John Cassidy of Lee & Associates represented the seller, Rock Investment Group LLC. John Joyce of Lee & Associates represented the buyer, Nomad Investment Group LLC.

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DevelopmentIllinoisIndustrialMidwestTop Stories

Kraft Heinz to Construct $400M Automated Distribution Center in DeKalb, Illinois

by Jeff Shaw

DEKALB, ILL. — The Kraft Heinz Co. plans to invest more than $400 million in an automated consumer packaged goods (CPG) distribution center in DeKalb, approximately 60 miles west of Chicago. The facility, which will be located along I-88 with national railway access, will total 775,000 square feet, making it one of the largest automatic distribution centers in North America, according to the company.  The facility’s design includes a 24/7 automated storage and retrieval system, which will distribute more than 60 percent of Kraft Heinz’s foodservice products and approximately 30 percent of all dry goods. Kraft Heinz also expects the facility to contribute to the company’s broader environmental, social and governance (ESG) goals. More specifically, the company plans to implement sustainable technology to reduce the waste produced at the facility and minimize its overall environmental impact.  Kraft Heinz says the plant will generate more than 150 jobs in the region. “As we continue on our journey to lead the future of food, our talented North America teams and collaborative external partners are innovating at a rapid pace to expand our supply chain capabilities,” says Carlos Abrams-Rivera, executive vice president and president of North America at Kraft Heinz. “The DeKalb distribution center …

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DevelopmentGeorgiaIndustrialLeasing ActivitySoutheast

CIP Real Estate Signs Hyundai, Walgreens to Industrial Leases in Norcross, Georgia

by John Nelson

NORCROSS, GA. — CIP Real Estate has signed Hyundai and Walgreens to leases at Gwinnett Commons, a 1.3 million-square-foot industrial park in the Atlanta suburb of Norcross. A division of Hyundai preleased a newly delivered, 88,500-square-foot distribution facility at 1760 Corporate Drive. The property features 28-foot clear heights and dock- and grade-level loading with oversize doors. Walgreens preleased an 89,500-square-foot facility at 1700 Corporate Drive that CIP plans to deliver in October. The automated warehouse will feature above-standard office finishes and 32-foot clear heights. CIP built both facilities on a speculative basis before preleasing to Hyundai and Walgreens. The properties represent $25 million in total construction costs. The design-build team includes general contractor Ordner Construction and architect Randall Paulson Architects. Pinnacle Bank provided construction financing.

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IndianaIndustrialLeasing ActivityMidwest

Adidas Signs 599,000 SF Industrial Lease Renewal in Indianapolis

by Kristin Harlow

INDIANAPOLIS — Adidas has signed a 599,000-square-foot industrial lease renewal at 8677 Logo Athletic Court in Indianapolis. Adidas utilizes the property as a finishing facility and produces screen-printed team sport apparel for both professional and amateur teams around the world. Jason Speckman of Colliers represented the landlord, Link Logistics Real Estate. Jimmy Cohoat, Andrea Hopper and Billy Powers of Colliers represented Adidas.

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IllinoisIndustrialLeasing ActivityMidwest

UPS Inks Lease for 34,700 SF Industrial Service Facility in Addison, Illinois

by Kristin Harlow

ADDISON, ILL. — UPS has inked a lease for a 34,700-square-foot industrial service facility located at 1404 W. Fullerton Ave. in Addison. The owner, Clear Height Properties, purchased the vacant property in September 2022 and executed a series of capital improvements, including a new roof, mechanical systems, drive-in doors, exterior painting and parking lot replacement. Dominic Carbonari of JLL negotiated the lease. Mary Kay McCreery of Strategic Leasing Law Group served as the attorney on behalf of Clear Height.  

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IndustrialLeasing ActivityTexas

Ryder Integrated Logistics Signs 234,478 SF Industrial Lease Near Fort Worth

by Taylor Williams

HALTOM CITY, TEXAS — Third-party freight services provider Ryder Integrated Logistics has signed a 234,478-square-foot, full-building industrial lease at Northmark Commerce Center in the Fort Worth metro of Haltom City. The site spans 20 acres, and the cross-dock facility includes a 104-stall trailer drop lot. Brad Struck and Clint Manning of Cresa represented the tenant in the lease negotiations. Matt Carthey and George Jennings of Holt Lunsford Commercial represented the landlord, Creation Equity. 

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