IRHM, Your Global Window into Real Estate and Hospitality

May 19, 2026

Industrial

Elsewedy Industrial Development has signed a major agreement with Kunming Chuanjinnuo Chemical Co. (CJN) to build a phosphate chemical industries complex in Egypt. The project will be located in Sokhna 360 and involves a total investment of nearly USD 1 billion. It aims to produce fertilisers, specialty chemicals and electric vehicle battery materials. The initiative is expected to create 10,000 jobs and position Egypt as a regional hub for new energy materials.
Colliers has launched the exclusive investment offering of a ±295-acre industrial development site adjacent to the Paso Robles Municipal Airport on California’s Central Coast. The land is strategically positioned within the City's proposed "Tech Corridor" and is one of the largest parcels available for manufacturing, logistics, aerospace, and technology operations. The potential for an FAA spaceport license at the airport is driving the region's transformation from a wine centre to a hub for innovation and advanced manufacturing.
JLL Capital Markets announced it had arranged a $43.27 million floating-rate construction loan for 5400 South, a three-building industrial warehouse development in West Valley City, Utah. The project, totalling 470,334 square feet, is being developed by ViaWest Group and GEM Realty Capital. The scheme will offer flexible units from 19,500 to 218,499 square feet, with features including 32 to 36-foot clear heights and 110 dock-high doors.
JLL Capital Markets has arranged $107 million in construction financing for ReDiscover Logistics Park, a new 808,448-square-foot industrial scheme in Phoenix. The loan, secured on behalf of ViaWest Group and Barings, will support development across four industrial buildings in the Deer Valley submarket. The site benefits from direct access to Loop 101 and Interstate 17 and proximity to the TSMC mega-plant.
Frasers Property has expanded its Australian industrial capital partnership with Morgan Stanley Real Estate Investing to include nine assets across NSW, QLD, and VIC. The portfolio, comprising both fully leased properties and a development site, brings the total partnership value to approximately $1.4 billion. The expansion strengthens Frasers Property’s build-to-core strategy and supports scalable growth across industrial markets.
Coro Realty has sold two fully leased Birmingham industrial properties for $12.6 million, marking the first phase of its value-add strategy following its 2023 portfolio acquisition with H2RE Capital.

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