Featured
ASB to Sell Infomart Dallas for $800M
The 1.6 million-square-foot data center and office complex the company purchased in 2005 will soon come under Equinix Inc.’s ownership, in a cash and stock transaction.
Passco Unveils Leadership Changes
The company promoted Adriana Olsen and Andy Wang to senior vice presidents of the firm’s sales division.
Scannell Properties Snaps Up NC Warehouse
The Dilweg Cos. sold Regional Commerce Center, a 46-building property at 706 Ellis Road in Durham for $6.7 million. The 1.2 million-square-foot complex was 34 percent leased at the time of the sale.
World Class Buys 1.3 MSF Austin Campus
The company purchased the iconic 1.3 million-square-foot 3M Austin Center, where seller 3M will continue to occupy space for the remainder of 2018.
PCCP, Panattoni Form JV for Seattle Warehouse Construction
Glacier Peak will be built on a 10-acre site on Riverside Road, in a business park located near an Interstate 15 interchange and Boeing’s primary assembly plant.
Blackstone Rearranges Top Execs
Jonathan Gray has been named president & COO, as Tony James moves into the executive vice chairman slot. In addition, two longtime execs will co-head global real estate, the position Gray is vacating.
DFW Industrial Park Lands $40M Equity
HFF secured the money for Copeland Commercial’s first phase of the 2.8 million-square-foot DFW Commerce Center. Phase one will include a cross dock distribution and warehouse building with state-of-the-art facilities.
Deadline Extended: CPE’s 2018 Distinguished Achievement Awards
Don’t miss this opportunity to showcase your company’s projects and talent.
Intense Competition Fuels Capital Source Convergence in 2018
Distinctions among capital sources are blurring as the global search for yield heats up, intermediaries and lenders concurred at MBA’s annual finance conference last week in San Diego.
Brennan, Arch Street Team Up for Sale-Leaseback Deal
Located in four East Coast states, the properties total 2.3 million square feet. The BlueLinx portfolio boosts the JV’s single-tenant net-leased industrial holdings to more than $1 billion.