Four of the portfolio's properties are located in the high-demand Inland Empire industrial market, while the fifth one is a Central Valley manufacturing facility which was leased back to its current tenant.
Category: Industrial Real Estate News
The investment giant bought a four-property industrial portfolio from CenterPoint Properties, a real estate investment firm that provided Blackstone with several other industrial properties in Chicago in previous years.
The two California-based real estate investment firms acquired the fully-leased industrial property which was initially constructed in 1989.
Stonepeak, an alternative investment firm specializing in infrastructure and real estate with strong infrastructure characteristics, has recently sold an industrial campus totaling some 1.3 million square feet of industrial space in Charleston, S.C.
Bellevue, Wash.-based Terreno Realty has acquired an industrial space in Redondo Beach, Calif., in Los Angeles metro’s South Bay for a reported $45.7 million. The property includes a transshipment building totaling some 67,000 square feet,…
By: Brotherly Love Real Estate Attempting to sell a house in an industrial neighborhood can feel like an uphill battle. That’s because a large majority of homebuyers are families that see themselves living in the…
Intercontinental Real Estate Corp. makes its first foray into the Los Angeles industrial real estate market, with the acquisition of a fully-leased last-mile distribution facility in Chatsworth.
JLL Income Property Trust made its second major foray into the Phoenix industrial market by acquiring the Southeast Phoenix Distribution Center in Chandler for $91 million.
Keith Pierce, Transwestern vice president of research: “South Florida continues to face rising demand for quality industrial product based on its status as a gateway to Central and South America.”
Hines’ new asset sits at the heart of Silicon Valley. The Santa Clara industrial and manufacturing campus combines R&D space with light manufacturing, and provides mission-critical space for business tenants operating in the technology industry.