Industrial Real Estate Newsletter September 2025

FEATURED TRANSACTIONS

Salt Lake City, UH - Box Equities Secures Mission-Critical 135K SF Military Processing Station for Department of Defense

In August 2025, Box Equities acquired this 135,000 SF flex industrial building in the heart of Salt Lake City, UT. This former Netflix and United Airlines facility now houses 3 tenants: The Department of Defense, The State of Utah Division of Facilities Construction and Management, and Manhattan Telecommunications Corporation. This 11-acre property sits adjacent to SLC International Airport and is accessible directly from I-80.

Newport News, VA - Box Equities Expands Port of Virginia Footprint with Key Acquisition

In August 2025, Box Equities expanded its Port of Virginia portfolio with the acquisition of a 27-foot clear, 114,000 SF manufacturing building in Newport News, Virginia. During due diligence, Box procured Huntington Ingalls Industries as the tenant for the entire building.

INDUSTRY NEWS

Industrial Real Estate Decisions Bound by Land Scarcity

Despite increasing vacancies and slowing absorption, demand for industrial space (especially logistics, manufacturing and e-commerce) continues to grow. Read More

Big Investors Gobble Up IOS in Large and Small Bites

Why consolidation challenges present opportunities for local buyers and lenders, too. Read More

The Community Side of Data Centers

Discussions about data center design, development and operations tend to focus on site size, power requirements and operational metrics. Read More

Consumer Food Preferences Drive Real Estate Change

CBRE analysts comment that health-conscious consumers are driving site and structure shifts. Read More

TRANSACTIONS

Atlanta, GA - Georgia Power Pays $94.7M for Atlanta-Area Warehouse

ICM Property Group sold River Park 10, an 825,000-square-foot Class A industrial facility that it and Waterloo Partners jointly developed. Read More

Columbus, OH - Colliers Closes Sale of 946K-SF Logistics Facility in Columbus

Colliers has completed the sale of Red Chip Farms Building B, a 946,400-square-foot Class A distribution center located at 7409 Mink Street in Pataskala, Ohio, in the Columbus MSA. Read More

Chicago, IL - CBRE Arranges Sale, Financing for 220K-SF Midwest Industrial Portfolio

CBRE has arranged the sale and acquisition financing for a 220,244-square-foot industrial portfolio featuring four properties across the greater Twin Cities metropolitan area. Read More

Boston, MA - Newmark Arranges Sale, Financing of Chelmsford Flex/R&D Property

Newmark arranged the $11.5-million sale of 1 Executive Dr., an R&D, office and electronic laboratory building in Chelmsford, MA. Read More

QUOTE OF THE WEEK

"The best investment on Earth is earth.

- Louis Glickman.