WATERTOWN AND EVANS MILL, N.Y. — Connecticut-based investment firm Storage Ventures has acquired a portfolio of five self-storage facilities totaling more than 2,100 units in upstate New York. The portfolio spans approximately 273,000 net rentable square feet, and the sale also included a 12,000-square-foot retail center. All properties are located within the communities of Watertown and Evans Mill. Storage Ventures acquired the portfolio in partnership with SmartStop Self Storage REIT. The seller and sales price were not disclosed.
LEOMINSTER, MASS. — GSC USA has renewed its 231,000-square-foot industrial lease in Leominster, a western suburb of Boston. The plastics injection molding company will remain at the building at 175 Pioneer Drive for an unspecified term. Steve Woodworth and Mitch Kumin of Savills represented GSC USA in the lease negotiations. The landlord, Arris Partners, was self-represented.
NEW YORK CITY — Global alternative investment firm Investcorp has completed the $400 million acquisition of an industrial portfolio located in markets across the Eastern and Western United States. The seller was not disclosed. Totaling 2.6 million square feet, the portfolio comprises 35 buildings across seven markets. Properties in the portfolio include a 76,000-square-foot, two-building portfolio in Philadelphia; a 44,000-square-foot building in New Jersey; 92,000 square feet across two buildings on Long Island; a 1.3 million-square-foot logistics portfolio in Sacramento, Calif.; 156,000 square feet across two buildings in Tampa, Fla.; a 115,000-square-foot, three-building portfolio in South Florida; and a 12-building, 814,000-square-foot portfolio on Atlanta’s north side. Average occupancy across the portfolio was at 97 percent as of October. According to Green Street Advisors, each of the seven markets associated with the portfolio saw strong demand growth in the industrial sector during the third quarter of 2025. The firm noted that new supply in these markets makes up less than 1.3 percent of current inventory. “Despite shifting trade dynamics and supply chain disruptions across the country, the U.S. industrial sector has retained its foundational strength,” says Herb Myers, global head of real assets at Investcorp. “This is particularly true for these and similar …
WASKOM, TEXAS — Dallas-based brokerage firm Younger Partners has arranged the sale of an industrial development site in Waskom, located near the Texas-Louisiana border. The site spans 20 acres on the north side of I-20. Ben McCutchin of Younger Partners represented the seller, Johnson Investments, in the transaction. The buyer, JF3 Properties LLC, plans to construct an equipment yard for the existing business on the site.
KINGWOOD, TEXAS — TCGU has signed a 10,412-square-foot industrial lease in Kingwood, located north of Houston. The gaming retailer is taking space at 22001 Northpark Drive, a building that according to LoopNet Inc. was completed in 1991 and renovated in 2012. Steven Hazen and Garth Plyler of Oxford Partners represented the tenant in the lease negotiations. Kurt Weidmann of Old Vine Property Group internally represented the landlord.
CHELMSFORD AND MEDFORD, MASS. — A partnership between two local investment firms, Marcus Partners and Rhino Capital Advisors, has purchased a portfolio of five industrial properties totaling 307,053 square feet in the Boston area. The sales price was $40.5 million. Four of the properties are located in Chelmsford, and the fifth is located in Medford. Citizens Bank provided acquisition financing for the deal. The seller was not disclosed.
MOUNT LAUREL, N.J. — NAI Mertz has brokered the sale of a 106,000-square-foot industrial building in the Southern New Jersey community of Mount Laurel. The building at 116 Gaither Drive was completed in 1982 and features a clear height of 22 feet. Jonathan Klear of NAI Mertz represented the undisclosed buyer in the deal. Dean Torosian, Nate Demetsky and Matt Kemery of JLL represented the seller, Endurance Real Estate Group.
FONTANA, CALIF. — Bridge Logistics Properties (BLP) has acquired a 1.1 million-square-foot multi-tenant distribution facility in Fontana for $174 million in an off-market transaction. Additional details of the transaction were not released. Michael Hefner, Juan Guiterrez and Shy Assar of Voit Real Estate Services Anaheim-Ontario brokerage team represented the buyer in the deal. Situated on 45.9 acres at 10681 Production Ave., the cross-dock distribution center features 220 dock-high loading doors, 185-foot truck courts, 274 trailer parking stalls, an ESFR sprinkler system and immediate access to Interstate 10.
TINLEY PARK, ILL. — Venture One Real Estate, through its acquisition fund VK Industrial VII LP, has purchased a 97,073-square-foot industrial building in the Chicago suburb of Tinley Park. The multi-tenant property was 44 percent leased at the time of sale. Constructed in 2004, the building is demised into five units. It features 13 exterior docks, six drive-in doors and parking for more than 162 cars. The three vacant suites range from 16,566 to 20,924 square feet, each with 1,236 to 3,291 square feet of office space. Each unit provides access to two or three dedicated exterior docks and one drive-in door, along with electrical service ranging from 400 to 1,400 amps. Venture One plans to make improvements to the vacant units, including office renovations, painting, energy-efficient lights and parking lot paving. Josh Hearne of Cawley Commercial Real Estate represented the seller and has been retained to market the property for lease. VK Industrial VII is co-sponsored by Venture One and Kovitz Investment Group.
CHARLOTTE, N.C. — Realterm has purchased a 70,004-square-foot truck terminal and maintenance facility located at 7500 Statesville Road in Charlotte. The 13.7-acre property comprises a 58,184-square-foot, 94-door truck terminal and an 11,820-square-foot, 15-door maintenance shop. FedEx currently leases the fully lit and secured facility, which is situated in close proximity to I-77 and I-85. The seller and sales price were not disclosed.