ROUND ROCK, TEXAS — Lee & Associates has negotiated a 44,648-square-foot industrial lease in the northern Austin suburb of Round Rock. The tenant was not disclosed. The space is located within Greenhill Distribution Center, which according to LoopNet Inc. was built in 1999. Adam Green and Will Sallis of Lee & Associates represented the landlord, Mississippi-based REIT EastGroup Properties, in the lease negotiations.
BEAR, DEL. — Third-party logistics provider AMS Fulfillment has signed a 181,074-square-foot industrial lease in Bear, located south of Wilmington. The lease term is 10 years, and the deal is for about half of the space at an under-construction facility at 710 American Blvd. The 366,770-square-foot building will feature a clear height of 36 feet, 68 overhead dock doors, 3,150 square feet of office space and parking for 250 cars and 50 trailers. A joint venture between two regional owner-operators, The Davis Cos. and J.G. Petrucci Co. Inc., owns the property, which is slated for a third-quarter delivery. Dan Rattay, Stephen Kriz and Mike Barker of CBRE negotiated the deal.
CORCORAN, MINN. — Hempel Real Estate and its institutional joint venture partner TPG Angelo Gordon have broken ground on Brockton Business Park in Corcoran, about 22 miles northwest of Minneapolis. The groundbreaking represents the first deployment of capital under a new $300 million programmatic joint venture between the two firms aimed at building and acquiring industrial assets across the Midwest over the next five years. The project’s first phase includes a 286,120-square-foot industrial facility on a 20-acre parcel. The site will feature ample trailer and auto parking, direct access to County Road 101 and convenient connections to I-94 via Dayton Parkway and the future Highway 610 extension. Plans for Phase II include an additional 252,120 square feet of industrial space. RJ Ryan Construction is the general contractor, with architecture and site design by Lampert Architects and Kimley-Horn. Shell completion is slated for the second quarter of 2026. Chris Garcia, Dan Larew and Eric Batiza of JLL will market the project for lease. Bridgewater Bank provided the construction mortgage.
BRIDGEPORT, CONN. — Locally based brokerage firm Angel Commercial has negotiated the $4.8 million sale of two industrial buildings in the southern coastal Connecticut city of Bridgeport. The first building is an 87,778-square-foot multi-tenant structure that is anchored by Beacon Roofing Supply. The second building is an 11,728-square-foot facility that was formerly owned and occupied by New England Heating Parts Co. Jon Angel of Angel Commercial brokered both sales. The buyers and sellers were not disclosed.
POMPANO BEACH, FLA. — Stream Realty Partners has negotiated the sale of a 10-acre industrial development site located at the corner of NW 33rd St. and NW 27th Ave. in Pompano Beach. Steve Medwin and Nick Wigoda of Stream represented the buyers, Foundry Commercial and Crow Holdings Capital, in the transaction. Situated near the Florida Turnpike, Interstate 95 and Port Everglades, the site will be developed into a two-building industrial campus that totals approximately 182,000 square feet.
HOUSTON — A partnership between Denver-based Quannah Partners and Chicago-based LaSalle Investment Management will develop a 183,301-square-foot speculative industrial building in northwest Houston. Known as 290 Crossroads Commerce Center, the rear-load facility will feature 32-foot clear heights, 185-foot truck court depths, 3,000 square feet of office space and an ESFR sprinkler system. Project partners include Powers Brown Architecture, Rosenberger Construction, Pape-Dawson (civil engineer), Veritex Bank (construction lender) and Colliers (leasing agent). Delivery is slated for early 2026.
HOUSTON — Locally based brokerage firm Oxford Partners has negotiated the sale of a 22,813-square-foot industrial building in northwest Houston. According to LoopNet Inc., the single-tenant building at 11407 Charles Road was originally constructed in 1997 and renovated in 2015. Perry Mazzone and Ryan Hartsell of Oxford Partners represented the buyer, an entity doing business as Illinois 3 Properties LLC, in the transaction. Andrew Laycock of Partners Real Estate represented the undisclosed seller.
OHIO — Plymouth Industrial REIT Inc. has acquired a nearly 2 million-square-foot industrial portfolio across Columbus, Cincinnati and Cleveland for $193 million. The 21-building portfolio is currently 97 percent leased to 75 tenants with a weighted average remaining lease term of 2.8 years. According to Plymouth, in-place rents are approximately 22 percent below current market rates, and the purchase price reflects a 25 percent discount to today’s replacement cost. With this acquisition, Plymouth now owns more than 12 million square feet of industrial space in Ohio. The portfolio will be operated from the company’s Columbus office.
SAN ANTONIO — Tremont Realty Capital, a division of Boston-based investment firm RMR Group, has provided a $28 million bridge loan for the refinancing of Rise at Loop 410, an approximately 360,000-square-foot warehouse and distribution building in San Antonio. According to LoopNet Inc., the cross-dock building offers 36-foot clear heights, 106 exterior dock doors and 280 parking spaces. Tremont funded the floating-rate loan, which has a three-year initial term with two one-year extension options, through its affiliate, Seven Hills Realty Trust (NASDAQ: SEVN). Cushman & Wakefield arranged the debt on behalf of the owner, Connecticut-based Grandview Partners.
FORT WORTH, TEXAS — Texas Wireline Manufacturing, a provider of hydraulic support equipment for the trucking industry, has signed a 20,000-square-foot industrial lease renewal in Fort Worth. The company has housed its headquarters within the building at 8821 Forum Way on the city’s south side for 25 years. Todd Lambeth of Bradford Commercial Real Estate Services represented the tenant in the lease negotiations. Jeremy Mercer of Mercer Co. represented the landlord, the Knopf Family.