Industrial
KKR Pays $43M for Phoenix Industrial Property
The distribution center marks the global investment firm’s first acquisition in the metro.
Retail-to-Logistics Conversions Won’t Be Quick or Easy: Prologis
The report also questions whether shopping center owners will want to forego retail rents for lower industrial rates.
Starwood Pays $62M for Nashville Airport Warehouses
MetLife provided $35 million in acquisition financing for the six-building industrial portfolio.
Lineage Logistics Raises $1.6B for Cold Storage Growth
An array of investors including Oxford Properties Group is banking on rising demand for food distribution.
Iron Mountain Sells Seattle Warehouse for $45M
The 276,330-square-foot facility previously traded in 2001, when Equity Industrial Partners sold it for $11 million.
Berkeley Partners Lands $32M for Denver Warehouse
Nuveen Real Estate provided the seven-year, fixed-rate loan for a 411,485-square-foot industrial property.
Trammell Crow, CBRE Global Investors Deliver Industrial Park
The Phoenix campus is the first Class A project of its kind along a 10-mile stretch of Loop 101 since 2008.
Colliers Brokers San Francisco-Area Industrial Deal
Senior Vice President Todd Severson represented the seller, Quality Quartz Engineering, in the $8.8 million transaction.
Monster Pets Grows in Southern New Jersey
To accommodate its rapid expansion, the independent pet store has agreed to occupy an entire industrial property in Delran.
Plymouth Industrial Expands Portfolio With $51M Buy
The REIT’s purchase of more than 850,000 square feet strengthens its presence in St. Louis and Jacksonville, Fla.