Takkion, a firm that handles logistics for the renewable energy industry, leased a former tire plant in Alabama in the country’s largest industrial deal of the year.
The firm based in Evansville, Wyoming, signed a deal with plant owner Phoenix Investors in August for the 2.9 million-square-foot Goodyear plant in Gadsden, Alabama, about 56 miles northeast of Birmingham.
The transaction ranks as the largest industrial property lease of the year by square footage, ahead of the Lego Group’s 2 million-square-foot distribution center under construction in Prince George County near Richmond, Virginia, according to CoStar data.
Takkion, which has 26 service locations in the U.S., is using the plant as a storage and handling hub for solar panels and other equipment. The building has been closed since 2020.
“Having a logistics company like Takkion in Gadsden will put us in the center of distribution for the entire renewable energy industry throughout the southeast,” Gadsden Mayor Craig Ford said in a statement. “This deal takes an unoccupied building and fills it with a tenant from one of the fastest-growing industrial sectors in the world.”
Kurt Jensen and Anthony Crivello were the leasing representatives for landlord Phoenix Investors.
For the complete list of CoStar Power Broker Quarterly Deal Award winners, please visit https://costar.com/article/1714927962/top-sales-and-leases-recognized-in-the-us.
