CHAMBERSBURG, PA. — Endurance Real Estate Group has inked a full-building, 1 million-square-foot industrial lease at Chambersburg Logistics Park, about 55 miles southwest of Harrisburg. The tenant was not disclosed. The site spans 93 acres and is located immediately off Exit 10 of I-81. Building features include a clear height of 40 feet, 166 overhead dock positions, four drive-in doors, 213 trailer stalls (expandable to 303), 375 car parking spaces (expandable to 561) and an ESFR sprinkler system. PNC Bank financed the project, construction of which began in late 2022. Endurance developed Chambersburg Logistics Park in partnership with an affiliate of Guardian Life Insurance Co. Gerry Blinebury and Alex Wenger of Cushman & Wakefield represented ownership in the lease negotiations. Eric Zahniser, Brad Struck and Clint Manning of Cresa represented the tenant.
COLUMBIA, S.C. — Colliers has facilitated the sale of Stephenson Center, a 102,141-square-foot flex/office portfolio located at 714 Betsy Drive and 720 Gracern Road in Columbia. FirstLight Investments acquired the property for an undisclosed price. Nolan Ashton, Tommy Whitmore, Henry Roe and Allen Wilkerson of Colliers represented the seller, RealOp Investments, in the transaction. Roe and Wilkerson will lead leasing efforts for the property on behalf of the new ownership. Stephenson Center comprises three flex/office buildings with approximately a half-acre of secured industrial outdoor storage (IOS). The portfolio is currently 91 percent leased to a mix of multi-purpose tenants, medical users and government agencies.
SKOKIE, ILL. — Greenstone Partners has brokered the $18 million sale of the WiFi Tech Center, a multi-tenant, flex industrial property totaling 183,000 square feet in Skokie. The historical occupancy for the asset has averaged 95 percent over the past 20 years. The tenant mix is comprised of national and local companies with the typical space ranging from 3,000 to 15,000 square feet. Danny Spitz of Greenstone represented both the seller, a local private investor, and the buyer, a California-based private investor.
WOODRIDGE, ILL. — Seefried Industrial Properties has broken ground on a 64,421-square-foot speculative industrial development at 10321 Beaudin Blvd. in Woodridge. The Class A facility is designed to serve a wide range of industrial users and will be available for sale or lease upon completion, which is slated for the first quarter of 2026. Situated on a 3.8-acre site within the International Business Center, the building will include 13 exterior docks, two drive-in doors, a clear height of 32 feet, 68 car parking stalls and office build-to-suit space. Divisible to 25,000 square feet, the building is designed to serve both single and multi-tenant users. The project site provides convenient access to the I-55 and I-355 interchanges. Rowan McDonnell, Traci Payette and Stephanie Park of CBRE are marketing the development for sale or lease. The project team includes Keeley Construction, Harris Architects Inc. and Jacob & Hefner Associates Inc. as civil engineer.
HIBBING, MINN. — The Duluth office of Kraus-Anderson has completed a new manufacturing facility for Advanced Machine Guarding Solutions (AMGS) in Hibbing, a city in northeast Minnesota. The 41,250-square-foot building is owned by the Hibbing Economic Development Authority. Designed by Widseth Architects, the project features a 35,000-square-foot manufacturing area and a 3,750-square-foot office. AMGS manufactures steel perimeter guarding for machines and robotics. Construction began in August 2024.
AUSTIN, TEXAS — HydroGraph USA Inc. has signed a 20,555-square-foot industrial lease in South Austin. The chemicals manufacturer is taking space at the building at 2101 E. St. Elmo Road, which according to LoopNet Inc. was completed in 2021 and totals 52,236 square feet. Eric Sheaffer of Partners Real Estate represented the tenant in the lease negotiations. The name and representative of the landlord were not disclosed.
BUFORD, GA. — A joint venture between Trammell Crow Co. and a consortium led by CBRE Japan has broken ground on Buford Creek Business Center, a three-building, 686,400-square-foot industrial park in metro Atlanta. Situated at the northeast corner of Lanier Islands Parkway and Big Creek Road in Buford, the park will sit three miles from I-985 and 30 miles northeast of Atlanta. The developers plan to deliver Buford Creek Business Center by third-quarter 2026. The design-build team includes architect Atlas Collaborative and general contractor The Conlan Co. CBRE is leasing the park, which will comprise Building 100, a 349,440-square-foot cross-dock warehouse with 40-foot clear heights, and Buildings 200 and 300, two identically sized rear-load buildings spanning 168,400 square feet each.
JACKSON, MISS. AND DETROIT — Cushman & Wakefield | Commercial Advisors has arranged the sale-leaseback of a five-property light-manufacturing industrial portfolio totaling 169,043 square feet. Four of the five assets are located in metro Jackson and one facility is located in metro Detroit. Landon Williams and Katie Hargett of Cushman & Wakefield | Commercial, along with Pratt Rogers of Kerioth Corp., represented the seller, an entity doing business as Multicraft Real Estate LLC. The buyer, an entity doing business as Harrison Cayden Holdings LLC, purchased the portfolio and leased it back on a 15-year term to Multicraft, which specializes in manufacturing equipment for the automotive, power tool and HVAC industries. Other terms of the transaction were not disclosed.
PORTAGE, IND. — Greenstone Partners has brokered the $16.5 million sale of the Addison and Clark buildings, two multi-tenant industrial properties totaling 166,134 square feet in Portage. The transaction represents the highest price per square foot ever achieved for a multi-tenant industrial investment of 50,000 square feet or larger in the Northwest Indiana region, according to CoStar. Located at 6625 and 6675 Daniel Burnham Drive, the shallow bay buildings are home to a long-term tenant base with an average tenure of 13 years. Flexible suite configurations range from 10,000 to 50,000 square feet. Jason St. John of Greenstone represented the seller, a Florida-based private investor, and procured the buyer, Sperry Equities, a Southern California-based real estate investment group.
VERNON HILLS, ILL. — JLL Capital Markets has arranged the sale of a 73,150-square-foot light industrial property in the Chicago suburb of Vernon Hills. Built in 1990 on 4.4 acres, the facility features a clear height of 24 feet, three interior recessed loading docks, three drive-in doors and 227 parking stalls. The building is currently fully leased to four tenants with a 5.2-year contractual weighted average lease term. The tenant roster spans home appliance, sports and recreation, and water and wastewater treatment industries. Each user has invested significantly in specialized build-outs for their spaces. The property is situated within Continental Executive Parke, a 600-acre master-planned business park originally developed by Prentiss Properties. Kurt Sarbaugh and Jaime Fink of JLL represented the seller, JMS Capital Group. Wisconsin-based Luther Group was the buyer.