The New Jersey industrial market started the year strong in both sales volume and pricing. According to CommercialEdge’s March industrial report, industrial properties in the state traded at an average of $339 per square foot…
Category: Industrial Real Estate News
Clarion Partners has acquired a 301,000-square-foot industrial property in southeast Baltimore for $85.5 million. The facility, located at 1201 S. Caton Ave., was purchased from developer MRP Industrial, as first reported by The Business Journals.…
Private equity giant Blackstone has agreed to acquire a 6-million-square-foot industrial portfolio from Crow Holdings for $718 million. The deal covers 25 Class A properties concentrated in the Dallas and Houston metros. Crow Holdings, which…
Dallas-Fort Worth finished 2024 as the leader in industrial property sales with nearly $6 billion in transactions by year-end. First, it claimed the top spot in September, replacing the Bay Area. Then, by the close…
Houston’s industrial sector has maintained strong activity heading into 2025. Back in 2024, the market saw $3.4 billion in industrial sales, trailing only Dallas nationally. A standout transaction within this volume was private equity firm…
Fast-fashion retailer Shein has pulled off the sublease market its 1 million square feet of industrial space at 36500 Cherry Valley Blvd. in the Inland Empire, Calif., I-10 Logistics Center, according to Bisnow. The company…
Digital Realty is advancing plans to transform a dilapidated parking structure at 727 Grand Ave. in downtown Los Angeles into a 13-story, 230,000-square-foot data center. City planning documents indicate the project will serve as a…
One of the largest industrial real estate developers in the U.S., Panattoni is making a significant shift by venturing into data center development. Driven by skyrocketing demand from the artificial intelligence sector, the Irvine, Calif.…
Despite the normalization of demand for industrial space and the rising cost of capital, most markets covered by Commercial Edge have experienced an increase in average sales prices this year. In fact, the latest industrial…
New York investment firm Clarion Partners has acquired the newly built TIA Logistics Center — a 245,000-square-foot, Class A industrial warehouse near Tampa International Airport — for $49 million (roughly $200 per square foot). Located…
