Industrial
JLL Income Property Trust Scores $49M for Phoenix Distribution Center
The REIT had acquired the 474,000-square-foot property for $91 million in February.
DSC Partners, Hourigan Break Ground on Major Richmond Project
Construction and preleasing at Deepwater Industrial Park have begun.
Peloton Picks Ohio for $400M Campus
The 1 million-square-foot project will encompass manufacturing, office and amenities space.
CenterPoint Properties Pays $117M for Bronx Logistics Facility
According to CommercialEdge data, the property last traded for a fraction of the current sale price.
Goodman Group Breaks Ground on 1.5 MSF Logistics Campus
The four-building speculative development will offer freeway access to LAX as well as the Los Angeles and Long Beach ports.
Clarion Partners Inks 472 KSF Northeast Dallas Lease
A fulfillment and technology company will occupy the entire Class A cross-dock warehouse.
Ares, Black Creek to Form $29B Giant
The acquisition will provide Ares with an extensive non-traded industrial REIT platform.
Post-Pandemic Comeback Predicted for CRE
The industrial sector is expected to see an average rent growth of 3.6 percent over the next three years, while rates for office space are projected to begin a steady increase only in 2023.
Equus Capital Lands Tenant at West Virginia Industrial Park
The build-to-suit development is located at the Mid-Atlantic 81 Logistics Park in Martinsburg.
WPT Industrial Inks 354 KSF Lease
The Inland Empire deal is one of several major full-building transactions the REIT signed this year.