CHICAGO AND KANSAS CITY, MO. — MAG Capital Partners has purchased two food-grade production facilities via a sale-leaseback in metro Chicago and Kansas City. The seller was a provider of ingredients for food, pet and personal care segments. The portfolio comprises 165,000 square feet of manufacturing, warehousing and R&D space on 33 acres.
WOODRIDGE, ILL. — ML Realty Partners has secured a lease agreement with Rowan Electric Appliance LLC for a newly constructed industrial building totaling 132,892 square feet in Woodridge. The tenant will utilize the facility for warehousing and distribution of household refrigeration and heating appliances. The property features a clear height of 32 feet, 38 exterior truck docks and two drive-in doors. Alex Zhang of Topsky Realty Inc. and Pengfei Zhang of Cloudup Realty LLC represented the tenant, while Mark Moran, Dan Leahy and John Whitehad of NAI Hiffman represented the landlord.
LOGAN TOWNSHIP, N.J. — Atlanta-based investment firm Stonemont Financial Group has purchased a 67,000-square-foot industrial service facility in the Southern New Jersey community of Logan. The facility sits on a 32-acre site at 300 Progress Court within the Pureland Industrial Complex and features seven drive-in doors, two dock doors, office space, outdoor storage space and onsite rail access. KBC Advisors is marketing the facility for lease. The seller and sales price were not disclosed.
ADDISON, TEXAS — Advanced Circuit Services has signed a 98,143-square-foot industrial lease in the northern Dallas metro of Addison. The manufacturer of circuit boards is expanding its footprint by nearly 50 percent within Building 3 at Marsh Business Park West, which features 20-foot clear heights and 14 dock doors. Rich Young of Rich Young Co. represented the tenant in the lease negotiations. Brian Pafford of Bradford Commercial Real Estate Services represented the landlord, GKI Industrial LLC.
RICHARDSON, TEXAS — Lee & Associates has negotiated a 16,875-square-foot industrial lease in the northeastern Dallas suburb of Richardson. According to LoopNet Inc., the building at 301-323 Hilltop Ave. was constructed in 1965. Brett Lewis and George Tanghongs of Lee & Associates represented the landlord, Link Industrial Properties, in the lease negotiations. Trevor Atkins of CBRE represented the tenant, Starwood Distributors.
PHILADELPHIA — Crow Holdings Development will build a 103,500-square-foot speculative industrial project at 2748 Grant Ave. in northeast Philadelphia. The single-story warehouse and distribution building will feature 32-foot ceiling heights, 32 dock positions, two drive-in doors and parking for 65 vehicles. M+H Architects is designing the project, and BH Cos. is providing engineering services. Oline Construction is the general contractor. JLL brokered the land deal, the seller in which was James D. Morrissey Inc. Construction, and has also been retained as the leasing agent. Completion is slated for mid-2026.
WAUKESHA, WIS. — Associated Bank has provided a $6.5 million loan for the acquisition of Ridgeview Industrial Center IV in Waukesha. The 89,405-square-foot building, constructed in 2003 and remodeled in 2023, is fully leased to two tenants. The property is located just off the intersection of I-94 and Redford Boulevard, with logistics access to I-41 and I-43. The borrower, Capital Partners, currently manages 16.2 million square feet of industrial properties. Randy Stille of Associated Bank handled the loan arrangements and closing.
MILFORD, MASS. — Realterm, a Maryland-based investment manager focused on the transportation industry, has acquired a 7.2-acre industrial outdoor storage (IOS) facility in Milford, a southwestern suburb of Boston. The facility features a 14,240-square-foot maintenance building with nine drive-in shop doors, including four drive-through bays, a drive-through wash bay and a fueling station. At the time of sale, the facility was leased to moving company Ryder and trailer rental service PLM Fleet. The seller and sales price were not disclosed.
ELMHURST, ILL. — Related Products, a packaging company, has signed a 4,800-square-foot industrial lease at 736-778 Industrial Drive in the Chicago suburb of Elmhurst. Dustin Albers of Lee & Associates represented the tenant. The property owner, Value Industrial Partners LLC, was self-represented.
HOUSTON — Locally based developer Avera Cos. has broken ground on Baywood Logistics, a 374,297-square-foot industrial project in southeast Houston. Baywood Logistics will be a front-load building that will be situated on a 34-acre site south of the Houston Ship Channel. Building features will include 36-foot clear heights, 235-foot truck court depths, 62 dock-high doors, ample car and trailer parking space, 4,197 square feet of office space and an ESFR sprinkler system. Completion is slated for mid-2026. CBRE has been named the leasing agent.