Industrial
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.
Plymouth Buys Ohio Industrial Portfolio for $94M
The REIT purchased 10 Class B properties in Akron and Canton.
Westcore Kicks Off 722 KSF Phoenix Logistics Project
Hartford Investment Management Co. originated a $41.5 million construction loan for the industrial campus fronting Interstate 10.
CBRE Closes Sale of Amazon-Leased Philly Warehouse
Michael Hines, Brian Fiumara, Brad Ruppel and Lauren Dawicki assisted the seller of the 283,500-square-foot building.
Nuveen Pays $52M for Amazon-Leased Boston Facility
One National, a 300,000-square-foot warehouse in Milford, Mass., underwent a $7.5 million renovation in 2019.
Matan Delivers 188 KSF DC-Area Warehouse
In 2019, the company received $18.3 million in construction financing for the facility.