Industrial
Plymouth Industrial, Madison International Form $150M Equity JV
The partnership’s first investment will be a 28-property portfolio in Memphis, Tenn.
LaSalle Investment Signs Tenant at Denver-Area Facility
Metro Screenworks committed to a 28,000-square-foot lease at Parc Santa Fe, a new, 345,126-square-foot industrial project.
Hilco Redevelopment Partners Appoints SVP of Development
Justin Dunn will lead the company’s Philadelphia team, which is working on redeveloping a 1,300-acre former oil refinery site.
Equus Capital Pays $57M for Virginia Industrial Portfolio
Nationwide Insurance Co. provided $38.2 million in financing for the acquisition of four warehouses totaling 655,852 square feet.
Amazon Unveils Plans for 1st Waco Fulfillment Center
The company will open the facility in 2021, adding approximately 1,000 jobs in the Texas city.
Kidder Mathews Closes Full-Building Los Angeles Lease
Jon Reno, Mark Vanis, Trevor Gale and Connor Ulf negotiated on behalf of the tenant, A-Thread Apparel.
Exeter Property Group Pays $85M for Pennsylvania Warehouse
In 2018, the seller financed the 1.2 million-square-foot development with a $48.8 million loan from Regions Bank.
Supply Chain Resiliency To Boost Logistics Demand
Many customers are poised to hike inventory levels by 5 to 10 percent, a Prologis executive revealed at SIOR’s CREate 360 conference.
CBRE Fund Buys Industrial Portfolio for $111M
NAI Hiffman brokered the sale of the properties, which are located in suburban Chicago and Phoenix.
Amazon Begins 2 MSF Kansas Expansion
The company plans to open the Kansas City and Wichita-area fulfillment centers in 2021, creating approximately 1,000 jobs.