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Industrial news – page 44
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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.
Walmart Commits to 176K-SF Santa Rita Ranch LocationSanta Rita Ranch has corralled 400,000 square feet of retail space in the Liberty Hill neighborhood with its Santa Rita Ranch Center project. Walmart plans to break ground on its nearly 176,000-square-foot storefront and distribution center there in the coming month.
Northmarq Arranges $20M in Financing for Castle Rock Industrial at The Meadows in ColoradoCASTLE ROCK, COLO. — Northmarq has secured $20 million in permanent-fixed financing for Castle Rock Industrial at The Meadows, an industrial distribution and warehouse facility located at 3563-3593 Timber Mill Parkway in Castle Rock. The borrower is Sound Capital.
Representative imageSocial Llama Events Signs 50,508 SF Industrial Lease in West DallasDALLAS — Social Llama Events has signed a 50,508-square-foot industrial lease in West Dallas. The locally based experiential event design and production company will use the entirety of the space at 4919 Woodall St. for office, storage and fabrication purposes.
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.
Representative imageCushman & Wakefield Arranges $28.2M Acquisition Loan for Industrial Portfolio in Mamaroneck, New YorkMAMARONECK, N.Y. — Cushman & Wakefield has arranged a $28.2 million acquisition loan for a portfolio of six small-bay industrial buildings in Mamaroneck, located north of New York City in Westchester County. The square footage of the portfolio was not disclosed.
Camber, Wheelock Street Divest Fully Leased Wilmington Fulfillment CenterJLL Capital Markets arranged the sale of 800 Salem St., a newly constructed, fully leased Class A industrial logistics facility totaling 237,880 square feet in Wilmington, MA.
Representative imageCoStar: Industrial Vacancy Will Peak in Early 2027U.S. industrial vacancy is projected to rise into early 2027, according to a revised forecast from CoStar Group. The national vacancy rate remains in the mid-7% range entering the second quarter of 2026 and is expected to edge higher into 2027 before beginning a gradual descent.
Representative imageFoundry Commercial Underway on Office-to-Industrial Conversion Project in IrvingIRVING, TEXAS — Foundry Commercial, an Orlando-based development and brokerage firm, is underway on construction of an office-to-industrial conversion project in Irving.
Representative imageAllTerra Central Signs 22,413 SF Industrial Lease Expansion, Renewal in Southlake, TexasSOUTHLAKE, TEXAS — AllTerra Central has signed a 22,413-square-foot industrial lease expansion and renewal in Southlake, located north of Fort Worth.
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.
Sub-Zero Plans $196M Manufacturing Expansion in Cedar Rapids, IowaCEDAR RAPIDS, IOWA — Sub-Zero Group Inc. has unveiled plans to expand its manufacturing operations in Cedar Rapids.
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.
Representative imageBrooklyn Stands Out as Coworking Grows NationwideThe borough topped the charts for flex space share at 4.4 percent of its office inventory, outperforming all major U.S. markets. The post Brooklyn Stands Out as Coworking Grows Nationwide appeared first on Commercial Property Executive.
Representative imageDallas Maintains the Nation’s Largest Industrial PipelineThe Metroplex continues to perform well across most key metrics, according to Yardi Matrix. The post Dallas Maintains the Nation’s Largest Industrial Pipeline appeared first on Commercial Property Executive.
Zenith IOS Lands Strategic Investment from J.P. Morgan Asset ManagementZenith IOS, a Brooklyn-based national owner-operator of industrial outdoor storage properties, has received a strategic investment in its operating platform from institutional investors advised by J.P. Morgan Asset Management. Terms were not disclosed.
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.