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TradeLane Pays $30M For 584K-SF Warehouse in MontgomeryTradeLane Properties has acquired a half-empty warehouse in Montgomery, Illinois, for $30.1 million, as part of the company’s ongoing expansion in the Chicago market.
Representative imageConstellation Acquires Site for Tampa-Area Industrial CampusThe 19-acre speculative project will begin construction this month. The post Constellation Acquires Site for Tampa-Area Industrial Campus appeared first on Commercial Property Executive.
ViaWest Group, Walton Street Capital Sell 39,360 SF Industrial Property in PhoenixPHOENIX — ViaWest Group and Walton Street Capital have completed the disposition of 1450 East Buckeye Road, a fully leased industrial building in Phoenix, to Stonelake Capital Partners for an undisclosed price.
Lee & Associates Orange Brokers Sale of 10,080 SF Industrial Building in Fullerton, CaliforniaFULLERTON, CALIF. — Lee & Associates Orange has arranged the sale of a 10,080-square-foot industrial building located at 1021 S. Placentia Ave. in Fullerton. Bruner Rental Properties acquired the asset from KSP Real Estate Partners for $3.3 million.
Reports: Walmart Acquires East Hartford Industrial Building for $212MEAST HARTFORD, CONN. — An affiliate of Walmart has acquired an industrial building in East Hartford for approximately $212 million, according to reports from multiple local news outlets, including CT Insider and the Hartford Business Journal.
Blackstone Pays $195.9M for S. Florida Industrial ParkA Blackstone affiliate acquired the seven-building Prologis Gateway Center industrial park in Boynton Beach for a combined $195.9 million. The S. Florida Business Journal reports Prologis sold nearly 800,000 square feet of buildings to Blackstone.
Representative imageHolt Lunsford Negotiates 13,294 SF Industrial Lease in Fort WorthFORT WORTH, TEXAS — Locally based brokerage firm Holt Lunsford Commercial has negotiated a 13,294-square-foot industrial lease in Fort Worth.
Representative imagePCA Properties Acquires 31,042 SF Industrial Space in TucsonTUCSON, ARIZ. — PCA Properties LLC has acquired an industrial space, located at 5575 S. Houghton Road in Tucson, from L&M Family Ventures for $4.2 million. The property offers 31,042 square feet of industrial space.
YS Developers Buys RXR’s 47 Hall Street at $40M DiscountBrooklyn-based real estate development and general contracting firm YS Developers has scooped up a former industrial and office property in Clinton Hill, Brooklyn, at a $40 million discount from Scott Rechler’s RXR, Commercial Observer has learned.
Missner Group Purchases 58,236 SF Industrial Building in Aurora, IllinoisAURORA, ILL. — The Missner Group has acquired 657 Wolverine Drive, a 58,236-square-foot industrial building in Aurora. Located on 5.5 acres, the multi-tenant property features a clear height of 18 feet, multiple drive-in doors and loading docks, heavy power and ample parking.
Hines Picks Up Site for 572K-SF Phoenix Industrial ProjectHines has acquired Cactus 303, a shovel-ready development site located in the West Valley of Phoenix off Loop-303, entitled for a three-building, class-A industrial project totaling 572,282 square feet. Construction is expected to begin this summer.
Representative imagePartners Real Estate Brokers Sale of 10,350 SF Industrial Building in Humble, TexasHUMBLE, TEXAS — Partners Real Estate has brokered the sale of a 10,350-square-foot industrial building in Humble, a northern suburb of Houston. According to LoopNet Inc., the freestanding building at 19742 Carver Ave. was completed in 2024 and features 18-foot clear heights.
Representative imageJLL Brokers Sale of 641,631 SF Industrial Portfolio in Hartford County, ConnecticutHARTFORD COUNTY, CONN. — JLL has brokered the sale of the New England Tradeport Shallow Bay Portfolio, a collection of nine industrial buildings totaling 641,631 square feet in Hartford County.
Provident Industrial Acquires 2.5 MSF Portfolio in Metro MemphisMEMPHIS, TENN. — Provident Industrial, a division of Dallas-based Provident, has acquired a 13-property industrial portfolio across the Memphis area totaling more than 2.5 million square feet.
Cawley CRE Represents The Missner Group in Aurora Industrial AcquisitionCawley Commercial Real Estate announced the acquisition and leasing assignment of a 58,236-square-foot multi-tenant industrial facility located at 657 Wolverine Drive in Aurora, Illinois.
Representative imageBlackstone Pays $200M for Another Industrial Portfolio in South FloridaLess than a month after buying an industrial campus in South Florida, Blackstone has paid nearly $200 million for another warehouse portfolio.
Browns Summit HVAC Company Pays $56.7M for its Manufacturing PlantEnvironmental Air Systems (EAS) purchased its manufacturing facility in Browns Summit for $56.74 million. The Triad Business Journal reports EAS purchased the 53-acre property at 5955 Summit Ave. from affiliates of the Silverman Group and Kushner Real Estate Group.
Venture One Acquires 122,601 SF Industrial Building in Waukegan, IllinoisWAUKEGAN, ILL. — Venture One Real Estate, through its acquisition fund VK Industrial VII LP, has acquired a 122,601-square-foot industrial building located at 3210 Oak Grove Ave. in Waukegan. The multi-tenant property was 66 percent leased at the time of sale.
Representative imageProvident Industrial Acquires 2.5 MSF PortfolioAll 13 buildings are positioned in a major Southern logistics market. The post Provident Industrial Acquires 2.5 MSF Portfolio appeared first on Commercial Property Executive.
Bain Capital Buys South Florida Industrial Campus for $52MKurv Industrial, formerly called Bridge Industrial, has sold a warehouse campus in Pompano Beach, Fla., for $52 million, property records show. Bain Capital Real Estate purchased the 17-acre asset, called Bridge Point Pompano Beach Commerce Park.