Industrial news – page 23

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DevelopmentIndustrialLovett, NewQuest Teaming Up to Build 2M-SF Seguin Industrial ParkJul 20, 2026Lovett Industrial and NewQuest are teaming up to develop Seguin Exchange Commerce Park, a 164-acre Class A industrial campus in Seguin, Texas.IndustrialPrologis' $18B Third Bid For Segro RejectedJul 20, 2026Segro has once again rejected a takeover offer from Prologis, but the UK-based industrial REIT hasn’t left the negotiating table yet. The third bid valued Segro at around £13.5B, or about $18.2B, Prologis announced on Monday. The price is 9.7% higher...Representative imageDealIndustrialProvident Industrial Buys 1.5 MSF Industrial Park in Hutchins, TexasJul 20, 2026HUTCHINS, TEXAS — Provident Industrial, a division of Dallas-based investment firm Provident, has purchased Commerce 45, a two-building, 1.5 million-square-foot industrial park in Hutchins, a southeastern suburb of Dallas.DealIndustrialKoontz Corp. Sells Two San Antonio Industrial Buildings Totaling 187,200 SFJul 20, 2026SAN ANTONIO — Local developer Koontz Corp. has sold two industrial buildings totaling 187,200 square feet in San Antonio.DevelopmentIndustrialZilber to Develop 252,000 SF Spec Industrial Facility in Germantown, WisconsinJul 20, 2026GERMANTOWN, WIS. — Zilber Property Group (ZPG) has unveiled plans to develop Zilber Industrial 7 within Germantown Gateway Corporate Park in Germantown, a northwest suburb of Milwaukee.DealIndustrialLee & Associates Arranges $5.2M Sale of Industrial Building in Metro ChicagoJul 20, 2026ELK GROVE VILLAGE, ILL. — Lee & Associates of Illinois has arranged the $5.2 million sale of a 39,879-square-foot industrial building located at 1951 Lively Blvd. in Elk Grove Village.DealIndustrialBrookfield, CPP To Pay $5.2B To Take 108-Property Industrial Firm PrivateJul 20, 2026Brookfield Asset Management and Canada Pension Plan Investment Board are teaming up for a $5.2B bet on the U.S. industrial market. BAM, the New York-based investment management arm of Toronto-based Brookfield Corp., and CPPIB plan to buy LXP Industrial...IndustrialDedeaux Properties CEO Brett Dedeaux On California’s Next Industrial CycleJul 20, 2026Few names are as engrained in Southern California industrial real estate — or baseball — as Dedeaux. The family business traces its roots to legendary University of Southern California baseball coach Rod Dedeaux, who led the Trojans to 11 national championships and coached U.S.TenantsIndustrialDefense Dollars Supercharge LA's South Bay Industrial MarketJul 17, 2026Aerospace and defense tech firms are pouring into the South Bay’s industrial market, turning a historically strong leasing submarket into the engine driving Los Angeles’ tightening vacancy and improving absorption. Although aerospace and defense companies...DealIndustrialColliers Arranges Sale of 302K-SF Industrial Building in KentuckyJul 17, 2026Colliers completed the sale of Gray Industrial Center Building 2, a newly completed 302,400-square-foot industrial facility at 530 Logistics Drive in Shelbyville, Kentucky, approximately 30 miles east of Louisville.LendingIndustrialAI-Driven Mortgage Matchmakers Aim For The Middle MarketJul 17, 2026A class of mortgage marketplaces is leaning into AI to speed up the lending process, with hopes of better serving middle-market deals. These loans, usually ranging between $5M and $100M, fuel the development of strip malls, small industrial projects...IndustrialLogistics Firm Highline Commerce Grows to 60K SF at Industry City, Thanks to RobotsJul 17, 2026Third-party logistics provider Highline Commerce is expanding its industrial footprint at Brooklyn’s Industry City for the second time in four years, Commercial Observer has learned.Representative imageDealIndustrialLee & Associates Negotiates 94,993 SF Industrial Lease in Southlake, TexasJul 17, 2026SOUTHLAKE, TEXAS — Lee & Associates has negotiated a 94,993-square-foot industrial lease in Southlake, located in the northern-central part of the metroplex. The tenant is Genuine Cable Group, and the space is located within Building 1 of Heritage Business Park.Representative imageDealIndustrialPartners Brokers Sale of 43,000 SF Industrial Building in La Marque, TexasJul 17, 2026LA MARQUE, TEXAS —Partners Real Estate has brokered the sale of a 43,000-square-foot industrial building in La Marque, a southeastern suburb of Houston. According to LoopNet Inc., the single-tenant building at 4725 Lawndale St.Representative imageLendingIndustrialNorthmarq Arranges $35M in Acquisition Financing for Long Island Industrial PortfolioJul 17, 2026FARMINGDALE, HICKSVILLE AND OCEANSIDE, N.Y. — Northmarq has arranged $35 million in acquisition financing for a portfolio of five small-bay industrial properties totaling 275,891 square feet on Long Island.DealIndustrialJLL Negotiates $67.7M Sale of Three Industrial Buildings in Lakeland, FloridaJul 17, 2026LAKELAND, FLA. — JLL Capital Markets has negotiated the $67.7 million sale of three industrial buildings located within Lakeland Commerce Center in Lakeland, a city in Central Florida between Tampa and Orlando.Representative imageTenantsIndustrialPrologis Beats Expectations With Record Leasing and Data Center GrowthJul 16, 2026The world’s biggest warehouse landlord is still full steam ahead on data centers. “After several quarters of sustained demand, we believe the market is entering its next phase,” Prologis CEO Dan Letter said in a second-quarter earnings call Thursday afternoon.IndustrialIndustrial Rebound Fuels New Wave Of Speculative ProjectsJul 16, 2026What were recently big, empty warehouses have once again become hot commodities, creating a development push to meet the demand. A wave of large-block requirements, rising logistics demand and fresh federal incentives for domestic manufacturing are collectively...IndustrialTSMC To Invest An Additional $100B In Phoenix Chipmaking FacilitiesJul 16, 2026Taiwan Semiconductor Manufacturing Co. is investing an additional $100B in manufacturing in the U.S., bringing its total investment commitment to $265B. The additional investment will mean four more advanced semiconductor manufacturing facilities, bringing...IndustrialTaiwan Semiconductor Adding Another $100B to Phoenix Chip Making EffortJul 16, 2026Taiwan Semiconductor Manufacturing Co. (TSMC) plans to spend an extra $100 billion to grow its U.S. business.