Industrial
Cohen Asset Management Pays $37M for Los Angeles Warehouse
The company received a $21 million acquisition loan from Life Insurance Company of the Southwest for the purchase.
MCA Realty Sells 132 KSF Inland Empire Industrial Property
The two-building, multi-tenant Diaz Commerce Center in Temecula, Calif., traded for $14 million.
Former General Motors Plant Slated for $100M Industrial Project
Industrial Commercial Properties plans to transform the onetime stamping facility in Ohio into a 270-acre site with 2 million square feet of manufacturing and distribution space.
Trammell Crow, Clarion Partners Land Major Tenant in Metro Los Angeles
LA North Studios will convert the industrial space in Santa Clarita, Calif., into sound stage facilities for major film studios.
RMR Group Closes $680M Industrial Fund
The investment vehicle owns a 9.2 million-square-foot portfolio spanning nine states across the U.S.
PGIM Provides $408M Senior Loan for Industrial Portfolio
An institutional investor is using the financing to acquire 11 properties totaling 4 million square feet.
Blackstone Gets $120M Loan for North Carolina Industrial Buy
PGIM Real Estate arranged the variable-rate loan for the 3 million-square-foot portfolio in Greensboro and Durham.
Rexford Industrial Realty Buys Logistics Assets for $339M
The REIT acquired more than 1.1 million square feet of Class A distribution space in Greater Los Angeles.
Kessinger Hunter Brokers 253 KSF Kansas Warehouse Lease
Principal Dan Jensen and Associate Broker Kurt Jensen represented the owner, DRA Advisors.
Exeter Property Group Purchases Bay Area Facility for $50M
The seller, Bay Area Beverage Co., acquired the asset in 2004, for $8.8 million.