NATIONAL CITY, CALIF. — CBRE has arranged the sale of an industrial building located at 2100 Haffley Ave. in National City. ALC Investments, a local owner-occupier, acquired the asset for $7.9 million. Situated on 2 acres, the 24,140-square-foot property offers 18-foot clear heights, one grade-level door, five dock-high doors and two rail-served doors. Matt Harris, Matt Porch and Anthony DeLorenzo of CBRE represented the undisclosed seller in the deal.
BAYONNE, N.J. — TWTH Express has signed a 255,069-square-foot industrial lease in the Northern New Jersey community of Bayonne. The California-based freight and logistics company is taking space at Bayonne Distribution Center, a three-building, 613,129-square-foot industrial complex that includes 2.3 acres of industrial outdoor storage space. Chris Okada of Okada & Co. and Emanuel Westfried of Two Bins Capital represented the tenant in the lease negotiations. Russell Verducci of NAI James E. Hanson represented the landlord, Turnbridge Equities, which acquired the property earlier this year and recently launched a $12 million repositioning program.
WELLS, MAINE — Marcus & Millichap has brokered the sale of a self-storage development site in Wells, located in York County near the Maine-New Hampshire border. The site at 71 Spencer Drive is approved for a 70,000-square-foot (net rentable) facility. Nathan Coe, Gabriel Coe, Brett Hatcher and Luke Dawley of Marcus & Millichap represented the locally based seller, Patco Construction, in the transaction. The team also procured the buyer, a partnership between two New Hampshire-based investment and development firms, Brady Sullivan Properties and True Storage.
SPARKS, NEV. — Vantage Data Centers is entering the Nevada market with a new $3 billion campus in Sparks, located outside of Reno in Storey County. The campus, dubbed NV1, will sit on 137 acres and offer a total 224 megawatts (MW) of critical IT load. Upon completion, the NV1 campus will house four multi-story data centers totaling 1.1 million square feet. The property will be designed with densities ranging from 360 watts to 720 watts per square foot in order to accommodate the “unique needs of AI deployments,” according to Vantage. Vantage will utilize a closed-loop chiller system to reduce water usage, with the ability to employ both traditional air-cooled compute loads and liquid cooling to support next-generation GPU (graphics processing unit) loads. Vantage is aiming to achieve LEED certification for the development. Vantage expects to employ more than 1,200 individuals across the construction and ongoing operations of the campus. The first two data centers to come on line at NV1 are fully preleased to undisclosed tenants. The first facility is scheduled to open in the second quarter of 2026. NV1 will be situated within Tahoe-Reno Industrial Center, which also houses Tesla Gigafactory 1 and operations for tech companies …
CALHOUN, GA. — Triten Real Estate Partners has acquired a 151,200-square-foot industrial facility located at 103 Enterprise Drive SW in Calhoun. Positioned near I-75, the property offers transportation infrastructure, with proximity to the Georgia Ports Authority’s Appalachian Regional Port. This deal marks Triten’s first traditional industrial acquisition outside of Texas and in Atlanta, according to company representatives. The facility is fully leased through the end of the year. Austin Kriz of JLL represented Triten Real Estate in the transaction. The seller and sales price were not disclosed.
HOUSTON — National investment firm Outrigger Industrial has received $96.9 million in financing for Generation Park Distribution Center, a 1.3 million-square-foot industrial property in northeast Houston. According to a property flyer from CBRE, Generation Park Distribution Center comprises an approximately 1 million-square-foot, cross-dock facility and a 255,871-square-foot, rear-load warehouse on an 87.5-acre site. Building features include 32- to 40-foot clear heights, 185-foot truck court depths and excess trailer parking. Barings provided the debt, which Outrigger secured on behalf of Centris Industrial, the private REIT that Outrigger sponsors and manages.
EL CAJON, CALIF. — Steel Peak has completed the sale of an industrial outdoor storage (IOS) property on 2.5 acres at 1324-1336 Magnolia Ave. in El Cajon. C&M Manufacturing acquired the asset for $9.5 million. The buyer will occupy the 12,000-square-foot property for its operations, including the production and distribution of its products for the oil-and-gas industry. The property includes warehouse and office space and yard space for outdoor storage. The asset offers M-54 zoning, entitlement for outside storage, multiple access points and a level fenced yard. Cameron Czubernat and Kerry Schimpf of Commercial Property Group represented the seller, while Aidan Jones of Inland Pacific represented the buyer in the transaction.
WEST DUNDEE, ILL. — swissQprint America, the U.S. arm of the Swiss digital printing technology company, has acquired a 3-acre parcel within Canterfield Corporate Campus in the northwest Chicago suburb of West Dundee. The company plans to use the land to house its new 30,000-square-foot North American headquarters, which will include modern office space, a high-tech showroom and a parts warehouse. The development marks the third building within Canterfield Corporate Campus. The remaining land is owned by HLC Partners, a West Dundee-based, family-owned business and division of Haeger Industries. NAI Hiffman is the leasing agent for the campus. Site design is led by Karl Heitman, president of Heitman Architects. Development Solutions Inc. (DSI) is the general contractor.
NEW CANEY, TEXAS — CBRE has arranged an undisclosed amount of construction financing for a 565,765-square-foot manufacturing project in New Caney, a northeastern suburb of Houston. The 32-acre site is located within East Montgomery Industrial Park, and the project is a build-to-suit for GCP Paper, a Mexican company that provides toilet paper, facial tissue and paper towels. The facility will consist of two interconnected single-story structures: an office/production warehouse and a mill building. The office/production warehouse will feature dock-high loading bays and concrete tilt-wall panel construction. Construction is slated for a summer 2026 completion. John Fenoglio and Brock Hudson of CBRE arranged the debt through Cadence Bank on behalf of GCP Paper in conjunction with Pontikes, which is serving as the fee developer for the project as well as the general contractor. The loan was structured with a loan-to-cost ratio of 80 percent.
HOUSTON — World Emblem has signed a 72,000-square-foot industrial lease in northwest Houston. The Florida-based patch and insignia manufacturer is relocating and expanding from a nearby, 35,000-square-foot space to the building at 6740 Signat Drive. About 140 employees will work at the plant to start, and the company plans to reshore 50 jobs and add up to 100 additional staff at the facility, which will initially produce up to 500,000 emblems and patches per week. No third-party brokers were involved in the lease negotiations.
