Friday, September 11, 2026
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Industrial

AcquisitionsIndustrialSoutheastTennessee

Lincoln Property Co. Acquires 200,000 SF Industrial Facility in Franklin, Tennessee

by John Nelson

FRANKLIN, TENN. — Dallas-based Lincoln Property Co. has sold a 200,000-square-foot industrial facility located on 15.6 acres at 117 SE Parkway in Franklin, a suburb of Nashville. The asset was fully leased at the time of the sale to the undisclosed seller, which has leased back 100 percent of the space. The sales price was not disclosed. Built in 1981, the distribution facility features 18- to 22-foot clear heights, 13 docks (including one drive-in) and 73 parking spots. Patterson Real Estate Advisory Group arranged an undisclosed amount of acquisition financing through Renasant Bank.

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18254-18256-SW-100th-Ct-Tualatin-OR
AcquisitionsIndustrialOregonWestern

Norris & Stevens Brokers $2.2M Sale of Industrial Complex in Tualatin, Oregon

by Amy Works

TUALATIN, ORE. — Norris & Stevens has arranged the acquisition of two industrial condominiums located at 18254-18256 SW 100th Court in Tualatin. AEB Properties purchased the properties for $2.2 million. Totaling 9,600 square feet, the two Class B condos are part of a 24,192-square-foot building situated on 1.5 acres. Built in 1986, the single-story building features two dock-high loading doors and six drive-in, grade-level doors. Scott Finney and Nick Chessar of Portland-based Norris & Stevens represented the buyer, while Jordan Truitt of First Commercial Real Estate represented the seller in the deal.

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Urban-District-183-Euless
AcquisitionsIndustrialTexas

JLL Negotiates Sale of 366,771 SF Industrial Development in Euless, Texas

by Taylor Williams

EULESS, TEXAS — JLL has negotiated the sale of Urban District 183, a 366,771-square-foot industrial development located in the central metroplex city of Euless. The newly built development comprises three buildings that were constructed on a speculative basis at the former site of Coopers Golf Park. Dustin Volz, Stephen Bailey, Dom Espinosa, Wells Waller, Robby Westerfield and Megan Babovec of JLL represented the seller, Urban Logistics Realty, in the transaction. The buyer was not disclosed, but The Dallas Morning News reports that an affiliate of Morgan Stanley Real Estate Advisors purchased the asset for an undisclosed price.

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AcquisitionsIllinoisIndustrialMidwest

Entre Negotiates Sale of 44,000 SF Cold Storage Facility in South Holland, Illinois

by Kristin Harlow

SOUTH HOLLAND, ILL. — Entre Commercial Realty has negotiated the sale of a 44,000-square-foot cold storage facility in South Holland, a southern suburb of Chicago. The sales price was undisclosed. Located at 143 W. 154th St., the building features cooler and freezer space, dry storage space, three interior docks and a clear height of 18 feet. Chris Wilbur and Jeff Locascio of Entre represented the seller, Martin Produce Inc. Jordan Schnoll of Jameson Commercial represented the buyer, another wholesale food distributor.

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900-Wheeler-Way-Langhorne-Pennsylvania
DevelopmentIndustrialLoansNortheastPennsylvania

Provident Bank Provides $32.1M Loan for Industrial Redevelopment in Langhorne, Pennsylvania

by Taylor Williams

LANGHORNE, PA. — Provident Bank has provided a $32.1 million loan for an industrial redevelopment project in Langhorne, located near Philadelphia in Bucks County. The borrower, a partnership between Greek Development and Principal Real Estate Investors, first acquired the site at 900 Wheeler Way in 2006 and subsequently expanded one of the two onsite buildings by 60,000 square feet. The partnership is now demolishing the second building in order to construct a last-mile distribution center with a clear height of 40 feet, truck court depths of 150 feet and parking for 242 cars and 80 trailers. Construction is slated for a second-quarter 2023 completion.

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IndustrialLeasing ActivityNortheastPennsylvania

Colliers Negotiates 114,142 SF Industrial Lease in Carlisle, Pennsylvania

by Taylor Williams

CARLISLE, PA. — Colliers has negotiated a 114,142-square-foot industrial lease at 1400 Distribution Drive in Carlisle, a western suburb of Harrisburg. According to LoopNet Inc., the property was built in 2005 and totals 550,184 square feet. Mark Chubb, Michael Zerbe and Summer Coulter of Colliers represented the landlord, Prologis, in the lease negotiations. The name and representative of the tenant were not disclosed.

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Lake-Tye-Business-Campus-Monroe-WA
AcquisitionsIndustrialWashingtonWestern

Sterling Realty Organization Sells Lake Tye Business Campus in Monroe, Washington for $45M

by Amy Works

MONROE, WASH. — Sterling Realty Organization has completed the disposition of Lake Tye Business Campus, a flex industrial property in Monroe. Redmond 8660 LLC acquired the asset for $45 million. Situated on 12.6 acres on 14655 Fryelands Blvd. SE., Lake Tye Business Campus features eight buildings offering a total of 214,364 square feet. Built in phases between 2004 and 2019, the campus was 99 percent leased at the time of sale. Zach Vall-Spinosa and Andy Miller of Kidder Mathews represented the seller in the deal.

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9701-Research-Dr-Irvine-CA
AcquisitionsCaliforniaIndustrialLee & AssociatesWestern

Lee & Associates Orange Brokers Acquisition of 46,000 SF Industrial Building in Irvine, California

by Amy Works

IRVINE, CALIF. — Lee & Associates Orange has arranged the purchase of an industrial distribution building in 9701 Research Drive in Irvine. Cohen Asset Management acquired the 46,000-square-foot property for an undisclosed price. The name of the seller was not released. Christopher Destino of Lee & Associates represented the buyer and seller in the transaction.

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Springwood-Business-Park
DevelopmentIndustrialTexas

EastGroup Properties Breaks Ground on 292,000 SF Industrial Project in Spring, Texas

by Taylor Williams

SPRING, TEXAS — EastGroup Properties (NYSE: EGP), a Mississippi-based REIT, has broken ground on Springwood Business Park, a 292,000-square-foot industrial project that will be located in the northern Houston suburb of Spring. Springwood Business Park will consist of two Class A distribution buildings that can support tenants with requirements from 10,000 to 168,000 square feet. Building features will include 28- to 32-foot clear heights and combined parking for 300 cars and 57 trailers. Construction is slated for a second-quarter 2023 completion. JLL will market the development for lease.

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DevelopmentIndustrialNorth CarolinaSoutheast

Choate Begins Construction on NASCAR Broadcast Facility in Metro Charlotte

by John Nelson

CONCORD, N.C. — Choate Construction has broken ground on a new broadcast facility for NASCAR in Concord, a northeast suburb of Charlotte. The racing organization is moving its live event productions operations from Charlotte to the new 58,000-square-foot facility, which is situated near NASCAR’s existing research-and-development property. The new tilt-wall concrete facility will house NASCAR’s TV and radio production studios, as well as a broadcast equipment room, mechanical system and chemical fire suppression systems. NASCAR’s live event production operation has more than doubled in size since 2018, according to the organization. The project team includes Redline Design Group, ACRO Development Services, Barrett Woodyard and Associates Inc. and Bennett & Pless Inc.

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