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…
Category: Industrial Real Estate News
Despite a downturn in industrial sales volume attributed to higher interest rates, tightened capital markets and a shift toward normalizing demand, the industrial property market hasn’t seen any significant discounts. Even with sales figures experiencing…
The portfolio includes 31 industrial buildings across two industrial parks, totaling some 444,000 square feet of industrial space in Fort Lauderdale as well as 855,000 square feet of industrial space in Denver.
Danish logistics giant Maersk has signed a lease for a 1.2-million-square-foot distribution facility in southern California, marking the largest industrial signing in the Inland Empire during the fourth quarter of 2023. The new facility —…
Chicago based Bridge Industrial has secured a $53 million construction loan from Mesa Capital to support the development of Bridge Point 999 — a nearly 300,000-square-foot industrial building in South Brunswick, N.J. Completion of the…
Trammell Crow Co., in partnership with Clarion Partners, has announced the completion of the first phase of the Fairfield Industrial Center in northern California. This development, known as Building One, boasts a total of 205,223…
Boca Raton, Fla.-based Basis Industrial announced several industrial real estate market moves, including four purchases and the refinancing of two industrial properties it already owns in the Fort Worth area.
JLL's Capital Markets group arranged the financing of a portfolio encompassing 13 industrial properties owned by Scannell Properties and Manulife Investment Management.
Cold storage operator Banks Cold Storage has broken ground on a state-of-the-art cold storage industrial facility near Atlanta, located in Athens, Georgia. The new property will include several top-tier features and amenities, being targeted at…
Delaware Statutory Trust sponsor Cove Capital announced the acquisition of an industrial property in Richlands, Va. The property is brand new, being completed in 2023, and is fully occupied by a quality tenant with a…