Industrial

Premier Design + Build Group Breaks Ground on 285,719 SF Orange Logistics Center in California

by Amy Works January 24, 2025

ORANGE, CALIF. — Premier Design + Building Group has broken ground on Orange Logistics Center, the firm’s first project for IDI Logistics in the Western region. Orange Logistics Center will feature two industrial facilities offering a total of 285,719 square feet. The 189,519-square-foot Building 1 will offer 10,000 square feet of office space, a clear height of 36 feet, 25 dock doors and 172 parking spaces. The 99,200-square-foot Building 2 will include a 10,000-square-foot office space, a clear height of 32 feet, 11 dock doors and 106 parking spaces. The facilities will include sustainable features such as a carbon reduction slab system and are designed to achieve LEED certification, with the potential for Silver status. The project team includes HPA Architecture, HSA & Associates, Thienes Engineering, General Underground Fire Protection, Guy Yocom Construction, Engineering Resources and Hunter Landscape. Lee & Associates is serving as the project’s real estate broker.

January 24, 2025

Acquisitions Industrial Massachusetts Northeast

Colliers Negotiates $2.7M Sale of Industrial Building in West Springfield, Massachusetts

by Taylor Williams January 24, 2025

WEST SPRINGFIELD, MASS. — Colliers has negotiated the $2.7 million sale of a 190,000-square-foot industrial building in West Springfield, about 90 miles west of Boston. The single-tenant building at 100 Palmer Ave. sits on 12.8 acres. According to LoopNet Inc., the property was built in 1920 and features seven dock-high loading doors and two grade-level loading doors. Christian Dietz and Bob Pagani of Colliers represented the seller, Westrock Container LLC, in the transaction. The buyer was JDZ Realty LLC.

January 24, 2025

Development Industrial Nevada Western

Rockefeller Group Completes 145,630 SF Industrial Park in North Las Vegas

by Amy Works January 24, 2025

NORTH LAS VEGAS, NEV. — Rockefeller Group has completed the construction of Cheyenne Industrial Park, a 145,630-square-foot complex located at 3130 N. Lamb Blvd. and 4375 E. Cheyenne Ave. in North Las Vegas. Cheyenne Industrial Park features two buildings. The 104,440-square-foot building offers a clear height of 32 feet, 18 dock-high doors, two grade-level doors, a 135-foot gated truck court, 105 auto parking stalls, 2,000 amps of power and 2,528 square feet of office space. The 41,190-square-foot facility features a clear height of 30 feet, four dock-high doors, one grade-level door, a 135-foot gated truck court, 62 auto parking stalls, 1,200 amps of power and 1,995 square feet of office space. Both buildings feature six-inch slab thickness, LED lighting, TPO roofing, ESFR sprinklers and evaporative coolers. HPA Architecture served as architect and Martin Harris Construction served as general contractor for the project. Rob Lujan, Jason Simon and Danny Leanos of JLL are marketing the buildings for lease or sale.

January 24, 2025

Acquisitions Industrial Texas

Partners Capital Buys 196,000 SF Industrial Flex Property in Southeast Houston

by Taylor Williams January 23, 2025

HOUSTON — Partners Capital, the investment arm of Partners Real Estate, has purchased Dixie Farm Business Park, a 196,000-square-foot industrial flex property in southeast Houston. The property comprises eight buildings at the northeast corner of I-45 and Dixie Farm Road. Veritex Community Bank provided acquisition financing for the deal. The seller and sales price were not disclosed. Dixie Farm Business Park was 96 percent leased at the time of sale. The new ownership plans to implement a value-add program.

January 23, 2025

Industrial Leasing Activity Texas

Stream Realty Partners Negotiates 88,732 SF Industrial Lease in Metro Houston

by Taylor Williams January 23, 2025

BAYTOWN, TEXAS — Stream Realty Partners has negotiated an 88,732-square-foot industrial lease in the eastern Houston suburb of Baytown. The building at 2300 East Freeway is located within the 3 million-square-foot Port 10 Logistics Center. Tyler Maner and Tommy Erwin of Stream represented the tenant, soap and bath products provider MMM Enterprises, in the lease negotiations. Richard Quarles, David Holland, Joseph Berwick and Eliza Klein of JLL represented the landlord, Pontikes Development.

January 23, 2025

Acquisitions Industrial Massachusetts Northeast

RAM Cos. Buys 46,000 SF Industrial Building in Newburyport, Massachusetts

by Taylor Williams January 23, 2025

NEWBURYPORT, MASS. — The RAM Cos. has purchased a 46,000-square-foot industrial building in Newburyport, located near the Massachusetts-New Hampshire border. The building sits on 4.4 acres and was fully leased at the time of sale to Alpha Laval, a Swedish machinery provider. David Coffman and Michael Restivo of JLL brokered the deal. The seller was not disclosed, but RAM Cos. purchased the building in conjunction with a 32,000-square-foot complex in Seabrook, N.H., for $14.5 million.

January 23, 2025

Industrial Leasing Activity South Carolina Southeast

Avison Young Arranges 691,275 SF Industrial Lease in Rock Hill, South Carolina

by John Nelson January 23, 2025

ROCK HILL, S.C. — Avison Young has arranged a 691,275-square-foot industrial lease at Legacy Park East, a Class A industrial park in Rock Hill, a South Carolina suburb of Charlotte. Chris Skibinski, Tom Tropeano, Henry Lobb and Abby Rights of Avison Young represented the landlord, Scannell Properties, in the lease transaction. The unnamed tenant is a leading manufacturer of sustainable packaging. Legacy Park East is located one mile from I-77 at 2087 Williams Industrial Blvd. The property’s four existing buildings are now fully leased, with the remaining three development sites able to accommodate distribution and manufacturing users.

January 23, 2025

Development Industrial Washington Western

TCC, Diamond Realty Investments Complete 1.2 MSF Spec Industrial Facility in Kelso, Washington

by Amy Works January 23, 2025

KELSO, WASH. — A joint venture between Trammell Crow Co. (TCC) and Diamond Realty Investments has completed the construction of Mid I-5, a speculative industrial facility at 2700 Talley Way in Kelso, approximately 50 miles north of Portland, Ore. Situated on 82 acres, Mid I-5 features a 1.2 million-square-foot industrial and logistics building. The single-story, cross-dock facility features a clear height of 40 feet, 650-foot building depth, 8,000 amps of electrical service, 219 dock doors, 348 trailer parking stalls and 427 auto parking stalls. The project also includes adjacent land that could accommodate 475 additional trailer stalls, a yard area or 225,000 square feet of additional development. The facility is expected to become LEED-certified in this year. The project team included Sierra Construction as general contractor, Gibbs & Olson as civil engineer and HPA Architecture as architect of record. Cara Nolan of CBRE Portland and Andrew Stark of CBRE Seattle are handling the property’s marketing and leasing.

January 23, 2025

Acquisitions Industrial Nevada Western

Cryogenic Industries Buys Industrial Building in North Las Vegas for $10.3M

by Amy Works January 23, 2025

NORTH LAS VEGAS, NEV. — Cryogenic Industries has acquired an industrial building located at 4620 Eaker St. in North Las Vegas from APG Eaker LLC for $10.3 million. CBRE’s Tyler Ecklund represented the seller in the transaction. Built in 2016 on 2.9 acres, the building features 50,504 square feet of industrial warehouse space, two dock-high doors, one grade-level door, a clear height of 24 feet and 7,658 square feet of two-story office space.

January 23, 2025

Development Illinois Industrial Midwest

Range Group, HSA Commercial to Build Two Small-Bay Warehouses on Chicago’s Near West Side

by Kristin Harlow January 23, 2025

CHICAGO — Chicago-based developers Range Group and HSA Commercial have acquired two adjacent parcels totaling 2.3 acres within the Kinzie Planned Manufacturing District on Chicago’s Near West Side. The firms plan to develop a pair of 35,000-square-foot small-bay warehouses on the sites, located at 2519 W. Fulton Ave. and 2520 W. Lake St. Developed on a speculative basis, the warehouses will be able to accommodate multiple tenants or a single user and will offer a clear height of 28 feet, individual drive-in doors, drive-in docks capable of accommodating 40-foot trucks and secured auto parking. Demolition of existing structures on the parcels is expected to begin this spring, with construction of the new buildings being completed by early next year. Chicago-based ARCO/Murray is the design-build general contractor. Larry Goldwasser and Matt Cowie of CBRE are the leasing agents.

January 23, 2025

Newer Posts

Older Posts