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Industrial news – page 45
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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.
Matan Breaks Ground on 250,000 SF Spec Industrial Facility in Stafford, VirginiaSTAFFORD, VA. — Matan Cos. has broken ground on a 250,000-square-foot industrial facility located at the Courthouse Road interchange off I-95 in Stafford, about 44 miles south of Washington, D.C. The spec facility is the first property within Matan’s Venture Industrial park.
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.
Report: Puget Sound Industrial Vacancy Reaches New HighThe Puget Sound industrial market closed the first quarter of 2026 with vacancy rising to 11.5%, increasing 230 basis points year-over-year and marking a new high for the region, according to a recent report by Savills.
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.
Drone Maker Skydio Plans $3.5B Investment to Expand ProductionSan Mateo-based drone manufacturer Skydio has committed $3.5 billion to expand its domestic manufacturing, accelerate R&D and strengthen American supply chains.
Constellation Real Estate to Develop 422,452 SF Industrial Project in Northwest HoustonHOUSTON — Constellation Real Estate Partners will develop a 422,452-square-foot industrial project in northwest Houston.
Representative imageNTime Fleet Services Signs 17,884 SF Industrial Lease in ArlingtonARLINGTON, TEXAS — NTime Fleet Services has signed a 17,884-square-foot industrial lease in Arlington. The provider of forklift services is taking space at the building at 3211-3227 E. Avenue E, which according to LoopNet Inc. was completed in 1963 and totals 56,500 square feet.
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.
Debt Yields Rebound as Negative Leverage Persists Across CMBSDebt yields on recently originated commercial mortgage-backed securities (CMBS) loans have firmed to a weighted average of 10.3 percent across property types, even as interest rates continue to exceed implied cap rates for multifamily, industrial, retail and self-storage assets…
JLL Arranges $35.7M in Financing for Seven-Building Industrial Complex in AtlantaATLANTA — JLL Capital Markets has arranged $35.7 million in financing for a seven-building shallow-bay industrial complex totaling 397,959 square feet in northeast Atlanta.
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.
Barings Provides $86.2M in Financing for Industrial Property in Bayonne, New JerseyBAYONNE, N.J. — Barings has provided $86.2 million in bridge financing for a 355,580-square-foot industrial property in the Northern New Jersey community of Bayonne.
PSRS Arranges $6M Refinancing for Industrial Property in Grover Beach, CaliforniaGROVER BEACH, CALIF. — PSRS has arranged $6 million in refinancing for an industrial asset in Grover Beach. Situated on a 70,947-square-foot site, the property consists of two warehouses separated by a 40-space parking area.
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.