Business Specialties
PNK Group Breaks Ground on Atlanta-Area Distribution Center
The Moscow-based industrial facilities developer has commenced construction of the first building at Southern Gateway at Lambert Farms, a master-planned industrial park in McDonough, Ga. The facility will offer 1.1 million square feet at what will ultimately be a 3 million-square-foot complex.
Crow Holdings Industrial Picks Up 700 KSF Houston Facility
Real estate firm Binswanger marketed the former Randalls property and represented grocery chain owner Albertsons in the sale of the warehouse and distribution center.
Novaya Sells Boston-Area Industrial Portfolio for $73M
The fully leased distribution centers, located in Littleton and Middleborough, Mass., encompass a total of 775,000 square feet. JLL secured the acquisition financing on behalf of the buyer/borrower.
PACE of Growth
One topic topped discussions during PACENation’s third annual summit: how to expand this valuable financing tool. Here are five key requirements.
Aligned Energy Redevelops 300 KSF Facility in SLC
The 60-acre campus in West Jordan houses the firm’s 50-megawatt facility, which will initially provide 75,000 square feet of data hall space, of the total 150,000 planned.
Rexford Industrial Buys 115 KSF Facility
The company shelled out $17.2 million or $149 per square foot for a single-tenant industrial property located in Cerritos, Calif.
Ryman Hospitality to Open Eastern TN Venue
When completed, in spring 2019, the 16,000-square-foot Ole Red Gatlinburg venue will include a two-story bar and restaurant, a performance area and a dance floor.
Four Seasons to Bring Residences/Resort to Island in Belize
Four Seasons Resort and Residences Caye Chapel, Belize will include 35 private residences, 50 private estates, along with 100 guest rooms and suites.
Ikos International Debuts in Spain
HFF secured $135 million in financing for the firm to acquire a 400-key, all-inclusive luxury hotel. Ikos plans renovate and rebrand the hotel.
SoCal Mixed-Use Project Breaks Ground
The 52-unit, mixed-use, mid-rise property will feature ground-floor retail and four additional stories of residential living space.