Industrial

Blackstone Buys 2.1 MSF Logistics Portfolio for $358M

The transaction includes 13 assets located in California, Lehigh Valley and northern New Jersey.

Amazon to Expand Oklahoma Footprint With $80M Project

The e-commerce giant expects to add more than 500 jobs upon delivery of the 1.1 million-square-foot fulfillment center next year.

500 E Devon is situated on 8.3 acres of land in Elk Grove Village, IL. Developed by CA Industrial, this highly visible industrial site is minutes from I-90, I-294, I-390, Route 53 and O’Hare International Airport. Image courtesy of CA Industrial

Demand for Modern Industrial Facilities Fuels the Pipeline

Large and small tenants seek greater efficiency and wellness features.

DRA Advisors Trades 1.9 MSF Industrial Portfolio

An institutional investor purchased the four facilities near Atlanta, Indianapolis, Oklahoma City and St. Louis.

Realty Income Corp. Buys Orlando Industrial Building for $71M

The company acquired a newly built and fully leased Class A property in Apopka, Fla.

Charleston-Area Industrial Campus Trades for $55M

Wells Fargo provided a $34.2 million loan for the acquisition of the recently expanded 448,765-square-foot property.

Starwood Capital Group JV Buys Business Park for $209M

JLL Capital Markets facilitated the sale of the 17-building property in metro Raleigh-Durham.

Colliers International Arranges Industrial Sublease Near Philadelphia

Misfits Market, a rapidly growing fruit and produce delivery service, vacated the property earlier this year.

Dallas-Area Infill Industrial Portfolio Sells

JLL Capital Markets brokered the deal on behalf of buyers Birtcher Anderson and Belay Investment Group and also arranged the acquisition financing.

E-commerce Driving More Automation at Logistics Sites: Report

Adoption of automation technologies is increasing, particularly among e-commerce users, and could create more opportunities for logistics real estate, according to Prologis.