Monday, August 18, 2025
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Industrial

Levey-Logistics-Park-Pearland
IndustrialLeasing ActivityTexas

Creative Innovation Signs 496,560 SF Industrial Lease in Pearland, Texas

by Taylor Williams

PEARLAND, TEXAS — Creative Innovation has signed a 496,560-square-foot industrial lease in the southern Houston suburb of Pearland. The third-party logistics provider will occupy an entire cross-dock building within Levey Logistics Park, a 38-acre development. Allison Bergmann and Michael Foreman with Cushman & Wakefield represented the landlord, local owner-operator Levey Group, which developed the property in partnership with the Pearland Economic Development Corp., in the lease negotiations. Local industrial brokerage firm USWHSE Inc. represented the tenant.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialOfficeTexas

Partners Capital Acquires 228,597 SF Industrial Flex Portfolio in Houston

by Taylor Williams

HOUSTON — Partners Capital, the investment arm of Partners Real Estate, has acquired a portfolio of three industrial flex properties totaling 228,597 square feet in Houston. The HTX Service Center Portfolio comprises Lakes at 610 Service Center, Willowbend Service Center and Wilcrest Green Service Center and consists of five buildings on a combined 14 acres. The portfolio was 68.5 percent leased at the time of sale. Michael Martin of Avison Young represented Partners Capital in the transaction. The seller was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialOfficeTexas

LanCarte Commercial Arranges Sale of 150,000 SF Industrial Flex Building in Rhome, Texas

by Taylor Williams

RHOME, TEXAS — Locally based brokerage firm LanCarte Commercial has arranged the sale of a 150,000-square-foot industrial flex building in Rhome, located north of Fort Worth in Wise County. The building at 138 Leopard Road is located within 114 Industrial Park, which is also home to tenants such as Valor Steel, Texas Truck Doctor, HASA, Northwest ISD, Bulldog Services, Red River Tea and Spartan Group. Mark Boone and Sarah LanCarte of LanCarte Commercial represented the undisclosed seller in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsCaliforniaIndustrialWestern

First Industrial Realty Trust Buys Silicon Valley Property for $10.6M

by Amy Works

SANTA CLARA, CALIF. — First Industrial Realty Trust has acquired a low-coverage industrial property located at 415 Aldo Ave. and 420 Nelo St. in Santa Clara for $10.6 million. Situated on 2.4 acres, the fully occupied site includes a 9,896-square-foot industrial facility and secured yard space. Ray Devlin of Colliers represented the buyer, while Mark Biagini of Biagini Properties represented the undisclosed sellers in the deal.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialMidwestMissouri

Fun Town RV to Open Second Kansas City-Area Location in Buckner, Missouri

by Kristin Harlow

BUCKNER, MO. — Fun Town RV has secured its second Kansas City-area location at 29906 US 24 Highway in Buckner. The company is the official RV dealer of the Dallas Cowboys. Fun Town RV will occupy a 13,037-square-foot building comprising a 3,000-square-foot office and 10,037-square-foot warehouse. The lease marks the company’s 33rd location, joining properties in Texas, Illinois, Michigan, Oklahoma and Arkansas. Bill Maas of Block & Co. Inc. Realtors represented the seller of the Buckner property.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsFloridaIndustrialSoutheast

LRC Properties Buys Industrial Campus in Oviedo, Florida Totaling 209,000 SF

by John Nelson

OVIEDO, FLA. — LRC Properties has purchased Central Florida Resource Center, a three-building shallow-bay industrial property located at 5700, 5707 and 5712 Dot Com Court in Oviedo, a suburb of Orlando. The New York-based buyer purchased the property from an undisclosed seller in partnership with an unnamed institutional investor. The sales price was also not released. Central Florida Resource Center was 80 percent leased at the time of sale. LRC Properties is planning to repair the roofs, demolish excess space and complete several other cosmetic upgrades at the property, including landscaping and signage. With this purchase, LRC Properties owns approximately 6.2 million square feet of commercial real estate in the Southeast, with assets under management approaching $550 million.

Continue Reading
FacebookTwitterLinkedinEmail
Speedway-Logistics-Socorro-Texas
DevelopmentIndustrialTexas

TCC, Barings Break Ground on 804,283 SF Industrial Project in Socorro, Texas

by Taylor Williams

SOCORRO, TEXAS — A partnership between Trammell Crow Co. and Barings has broken ground on Speedway Logistics, an 804,283-square-foot industrial project in Socorro, a border city located just southeast of El Paso. The two-building development will sit on a 60-acre site and will be constructed on a speculative basis. The buildings will total 426,868 and 377,415 square feet and will both feature  feet cross-dock configurations and 36-foot clear heights. Powers Brown Architecture designed Speedway Logistics, and Catamount Constructors is serving as the general contractor. CBRE is the leasing agent. Bank OZK is financing construction of the project, which is expected to be complete next summer.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentIndustrialLoansTexas

Thorofare Capital Provides $36M in Financing for Industrial Project in San Marcos, Texas

by Taylor Williams

SAN MARCOS, TEXAS — Southern California-based Thorofare Capital has provided $36 million in financing for a three-building, 343,728-square-foot industrial project in the Central Texas city of San Marcos. The loan carries a floating interest rate, and the project is expected to be complete in September. The Thorofare team behind the transaction included Scott Sumida, Andrew Kim, Paul Hachigian, Paul Kim and Jason Campbell. The names of the direct lender and borrower were not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialTexas

Partners Real Estate Brokers Sale of 64,881 SF Industrial Building in South Houston

by Taylor Williams

HOUSTON — Partners Real Estate has brokered the sale of a 64,881-square-foot industrial building that was constructed on a speculative basis in South Houston. According to LoopNet Inc., the building at 510 S. Sam Houston Parkway E sits on a 4.7-acre site and was completed last year. Travis Land and A.J. Williams of Partners represented the seller in the transaction. Chase Spence and Jeff Peltier of Colliers represented the buyer. Both parties requested anonymity.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialNew JerseyNortheast

Ridgecut Road Buys 5.8-Acre Industrial Outdoor Storage Facility in Fairfield, New Jersey

by Taylor Williams

FAIRFIELD, N.J. — Regional investment firm Ridgecut Road has purchased a 5.8-acre industrial outdoor storage (IOS) facility in the Northern New Jersey community of Fairfield. The property address was not disclosed. The facility features a 35,000-square-foot warehouse and maintenance facility with 26- to 30-foot clear heights and three oversized drive-in doors, as well as a two-story, 10,000-square-foot office building. Nicholas Stefans and Jason Lundy of JLL brokered the sale of the property. Michael Klein, Max Custer and Kevin Badger, also with JLL, arranged an undisclosed amount of acquisition financing for the deal.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts