Industrial

PHOENIX-Opus West will build the 131,850-sf Northgate Corporate Centre on a 13-acre tract that it leased from the state. Work starts in January.

TOKYO-The industrial package of 3.6 million sf is concentrated here and in Osaka, Japan's top distribution markets.

COOLBAUGH TWP., PA-The Arcadia North parcel, which sold for $163,666 an acre, can accommodate a warehouse/distribution center of up to 1.4 million sf.

RIDGEWOOD, NJ-Heritage Capital teams up with its two investment partners to buy three distribution center properties from KB Toys.

DEER VALLEY, AZ-The company buys five buildings, totaling 81,477 sf or half of the first phase of Alameda Business Park. The extra space will be ready to occupy in early 2008.

TEMECULA, CA-The locally based Garret Group will develop the headquarters and distribution facility for Professional Hospital Supply.

ITASCA, IL-ML Realty Partners LLC acquired the 1.9-million-sf portfolio earlier this year for $122 million from CenterPoint Properties.

It's a good time for corporate America to make commitments in the Garden State.