Monday, July 21, 2025
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Industrial

IllinoisIndustrialLeasing ActivityMidwest

New Tenants Sign Leases Totaling 32,101 SF at Industrial Property in Schaumburg, Illinois

by Kristin Harlow

SCHAUMBURG, ILL. — SparrowHawk has negotiated new leases with tenants totaling 32,101 square feet at its industrial property located along National Parkway in Schaumburg. The 147,752-square-foot property is now 95.5 percent leased with one remaining space available for immediate occupancy. Italy-based TECH.PA signed a lease for 9,094 square feet for its first industrial showroom and warehouse space in Chicago and the U.S. The company, which specializes in the field of industrial automation and robotics, will take occupancy this month. Kelly Joyce of Colliers represented SparrowHawk in the lease and serves as the leasing agent for the property. John Hunter of John Hunter Services represented the tenant. Adaptive Adventures leased and moved into 3,355 square feet of space. The nonprofit organization provides outdoor sports opportunities to improve the quality of life for children, adults and veterans with physical disabilities. Jarvis Lighting renewed and expanded its lease to 19,652 square feet. The commercial lighting manufacturer and distributor previously occupied 10,552 square feet.

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AcquisitionsIllinoisIndustrialMidwestSelf-Storage

Westport Properties Acquires Two Self-Storage Facilities in Chicagoland

by Jaime Lackey

CHICAGO AND WILMETTE, ILL. — Westport Properties has acquired two self-storage facilities in Chicagoland for an undisclosed price. The first property, located at 1516 N. Orleans Ave. in Chicago, totals 885 units and features wine storage, climate-controlled units, electronic gated access and 24-hour surveillance. The second asset, a 378-unit facility located at 3510 Wilmette Ave. in Wilmette, features RV and boat parking, climate-controlled units, electronic gated access and 24-hour surveillance. Westport will rebrand the properties under the US Storage Centers brand. The facilities mark Westport’s first two properties in Illinois. MJ Partners Self Storage Group represented the undisclosed seller.

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AcquisitionsIllinoisIndustrialMidwest

Clear Height Properties, Harbert Purchase 49,954 SF Industrial Building in Naperville, Illinois

by Jaime Lackey

NAPERVILLE, ILL. — A joint venture between Clear Height Properties and Harbert US Real Estate, an investment fund sponsored by Harbert Management Corp., has purchased a 49,954-square-foot industrial building in the Chicago suburb of Naperville. The property, located at 2244 Corporate Lane, is fully occupied by two tenants. The building features a clear height of 20 feet and 10 drive-in doors. Adam Johnson and Tom Gnadt of NAI Hiffman represented the buyers. The seller and sales price were undisclosed.

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IllinoisIndustrialLeasing ActivityMidwest

New Tenants Sign Leases Totaling 32,101 SF at Industrial Property in Schaumburg, Illinois

by Jaime Lackey

SCHAUMBURG, ILL. — SparrowHawk has negotiated new leases with tenants totaling 32,101 square feet at its industrial property located along National Parkway in Schaumburg. The 147,752-square-foot property is now 95.5 percent leased with one remaining space available for immediate occupancy. Italy-based TECH.PA signed a lease for 9,094 square feet for its first industrial showroom and warehouse space in Chicago and the U.S. The company, which specializes in the field of industrial automation and robotics, will take occupancy this month. Kelly Joyce of Colliers represented SparrowHawk in the lease and serves as the leasing agent for the property. John Hunter of John Hunter Services represented the tenant. Adaptive Adventures leased and moved into 3,355 square feet of space. The nonprofit organization provides outdoor sports opportunities to improve the quality of life for children, adults and veterans with physical disabilities. Jarvis Lighting renewed and expanded its lease to 19,652 square feet. The commercial lighting manufacturer and distributor previously occupied 10,552 square feet.

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IndustrialLeasing ActivityTexas

Inmatics US Signs 100,153 SF Industrial Lease in Weatherford, Texas

by Taylor Williams

WEATHERFORD, TEXAS — Houston-based biotechnology firm Inmatics U.S. has signed a 100,053-square-foot industrial lease at Weatherford Farms Business Park, a 34-acre development located on the western outskirts of Fort Worth. The three-building complex, which was completed last September, is now fully leased. Scott Visin of Cushman & Wakefield represented the tenant in the lease negotiations. Barkley Peschel, Walter Menuet and Jason Scholtz of Colliers represented the landlord, Crow Holdings Industrial, in conjunction with internal agents Cory Driskill and Emily Walker.

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FreezPak-Logistics-Philadelphia
DevelopmentIndustrialNortheastPennsylvania

BG Capital to Develop $85M Cold Storage Project in Philadelphia

by Taylor Williams

PHILADELPHIA — Locally based development and investment firm BG Capital will build an $85 million cold storage project on a seven-acre site in Philadelphia’s Port Richmond neighborhood. New Jersey-based cold storage operator FreezPak Logistics has committed to leasing the 170,117-square-foot facility on a triple-net basis, with the expectation of adding about 60 new permanent jobs to the local economy. Building features will include a clear height of 75 feet, an automated inventory storage and retrieval system, 20 loading docks, 30 trailer parking stalls and 60 parking spaces. Construction is scheduled to begin in the third quarter. New Jersey-based OceanFirst Bank has provided $42.5 million construction-to-permanent loan for the project, and Nuveen Green Capital has committed another $30 million in financing.

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FreezPak-Logistics-Philadelphia
DevelopmentIndustrialNortheastPennsylvania

BG Capital to Develop $85M Cold Storage Project in Philadelphia

by Taylor Williams

PHILADELPHIA — Locally based development and investment firm BG Capital will build an $85 million cold storage project on a seven-acre site in Philadelphia’s Port Richmond neighborhood. New Jersey-based cold storage operator FreezPak Logistics has committed to leasing the 170,117-square-foot facility on a triple-net basis, with the expectation of adding about 60 new permanent jobs to the local economy. Building features will include a clear height of 75 feet, an automated inventory storage and retrieval system, 20 loading docks, 30 trailer parking stalls and 60 parking spaces. Construction is scheduled to begin in the third quarter.

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DevelopmentIndustrialSoutheastVirginia

Meridian, Wickshire Break Ground on 1 MSF Industrial Facility in Winchester, Virginia

by John Nelson

WINCHESTER, VA. — The Meridian Group and Wickshire Industrial have broken ground on Phase I of One Logistics Park, a 2.7 million-square-foot industrial campus located near I-81 in Winchster. The first phase comprises a 1 million-square-foot, cross-dock facility that will feature 40-foot clear heights, 50- by 54-foot column spacing, tilt-wall construction, 65-foot speed bays, 250 trailer drops and 230 parking spaces. At full buildout, the 277-acre One Logistics Park will feature distribution facilities as well as 100,000 square feet of quick-service restaurants, a gas station/convenience store and other retail options. The project team includes civil engineer Gordan, horizontal construction manager Perry Engineering and architect and general contractor Shockey. John Lesinski and Ben Luke are leading the Colliers team to market the project.

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Alliance-Westport-25-Fort-Worth
DevelopmentIndustrialTexas

Hillwood Breaks Ground on Two Spec Industrial Buildings Totaling 1.7 MSF in Fort Worth

by Taylor Williams

FORT WORTH, TEXAS — Hillwood has broken ground on Westport 25 and Alliance Center North 4, two speculative industrial buildings totaling approximately 1.7 million square feet at AllianceTexas on the north side of Fort Worth. Alliance Westport 25 will be a cross-dock building with 40-foot clear heights, two 190-foot truck courts with land to expand to a third, 504 car parking spaces (expandable to 584) and 233 trailer parking spaces (expandable to 471). Alliance Center North 4 will also feature a cross-dock configuration and 40-foot clear heights, as well as 185-foot truck court depths, 180 car parks (expandable to 487) and 132 trailer parking spaces (expandable to 243). GSR Andrade Architects is designing the projects, and Peloton Land Solutions is serving as the civil engineer. Hillwood Construction Services will be the  general contractor. Citizens Bank provided construction financing for Westport 25, and Comerica Bank is the construction lender for Alliance Center North 4. Construction on both buildings will begin within the next 30 days, with completion slated for the second and third quarters of 2023, respectively.

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DevelopmentIndustrialMidwestWisconsin

Zilber Property Group to Build 1.6 MSF Industrial Park in Caledonia, Wisconsin

by Kristin Harlow

CALEDONIA, WIS. — Zilber Property Group has acquired a 93-acre land site with plans to build a new industrial park in Caledonia, about 20 miles south of Milwaukee. Named Caledonia Corporate Park, the project will be comprised of up to five speculative industrial buildings totaling approximately 1.6 million square feet. The development will be situated along the I-94 Corridor. Site preparation and infrastructure work will begin shortly, with construction expected to commence in the spring. Chad Navis and Rachel Agba represented Zilber on an internal basis for both the land acquisition and development entitlement process. Michael Kleber of Zilber will oversee lease-up. Pinnacle Engineering Group is the project architect and Riley Construction is the general contractor.

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