Deals
Ecomelida Nabs SC Industrial Facility
Binswanger represented Federal-Mogul Corp. in the sale of a 200,000-square-foot building in Orangeburg. The new owner plans to expand the asset by roughly 500,600 square feet.
Gladstone Acquires Central AL Industrial Asset
Located 20 miles from Tuscaloosa, the building encompasses more than 125,000 square feet of manufacturing and distribution space, purpose-built for Truck and Wheel USA Corp.
Scotiabank Inks 19 KSF Cayman Islands Lease
The LEED Gold-certified mixed-use building opened in 2016 and is home to PwC and a number of other financial services firms.
Arriba Secures $41M for Atlanta Dual-Branded Marriott
The 194-key Fairfield Inn & Suites and Towneplace Suites will feature seven stories set atop a 220-space, five-story parking deck.
Miami-Area Business Park Hits Full Occupancy
CPF Investment Group’s master-planned AVE Aviation & Commerce Center is home to roughly 30 tenants, including Goodyear, USPS and Turbopower Rolls Royce MRO.
Kraft Heinz Sells 107-Acre Boston-Area Industrial Property
The development is situated on the northern outskirts of Boston and is one of the only sites in the area that can accommodate users from 300,000 to 700,000 square feet.
Pair of NJ Industrial Assets Commands $65M
Sitex Group recently developed one of the buildings and completely renovated the other. Both assets sit in the active New Jersey Port submarket.
Penwood Acquires Industrial Asset for $44M
NKF Capital Markets brokered the sale of the 347,119-square-foot R&D/industrial facility in Thousand Oaks, Calif. The buyer was self-represented in the deal.
JV Buys 147 KSF Self-Storage Portfolio
Advantage Storage, in partnership with Harrison Street Real Estate Capital, has purchased two facilities located in Colorado and Arizona.
Edenderry Buys 33 KSF Commercial Asset in Miami
The Centennial Express Building sold for $6 million and is home to tenants such as the Palm Medical Center and the Social Security Administration. Cushman & Wakefield represented the seller in the transaction.