The new owner's improvement plans include reducing on-site carbon emissions of up to 207% throughout the properties’ baseline, implementing on-site solar generation, and more.
Category: Industrial Real Estate News
RJW Logistics Group has signed a 10-year lease for a 1.2-million-square-foot, build-to-suit warehouse at Karis Park West in Montgomery, Ill., a western suburb of Chicago. JLL, which represented both parties, announced the deal last week.…
Hyundai Translead to revive two shuttered manufacturing industrial properties in the greater Chicago area: the former site of Caterpillar’s heavy equipment operations and the previous Lion Electric operation site.
The East Pompano Industrial Center, located in the Fort Lauderdale industrial submarket of Pompano Beach, recently changed hands in a record deal for the South Florida region.
Fort Worth, Texas-based Black Mountain Energy has acquired Chisholm 20 Commerce Park in Benbrook, Texas, picking up 917,374 square feet of newly completed, Class A industrial space about 10 miles southwest of downtown Fort Worth.…
Moishe Mana has acquired another downtown Miami office tower, paying $110 million for One Downtown at 1 SE Third Ave. — about 14% below what the property last traded for in 2018. The 31-story building,…
National Kitchen & Bath Cabinetry Inc. has acquired a 247,000-square-foot industrial building at AXIAL Bonds Farm in Concord, N.C., for $30 million, equating to roughly $121 per square foot. Building 1 at 655 Pitts School…
Brookfield asset management real estate investment trust is buying Peakstone Realty Trust in an all-cash deal valued at approximately $1.2 billion. The definitive agreement means Brookfield — one of the world’s largest real estate owners…
A1R Water has signed a 10-year lease for 112,000 square feet of industrial space at Building 30 in Countryline Corporate Park in Hialeah, Fla. This marks a relocation of the sustainable water company’s global headquarters…
PepsiCo has signed a long-term lease for 1.05 million square feet at 31270 Kingsland Blvd., marking the largest industrial transaction in the Houston market this year and reinforcing the region’s dominance in Sun Belt logistics,…
