Industrial

PGIM Real Estate Acquires $425M Industrial Portfolio

The investment manager purchased the 4.7 million-square-foot collection of properties in one of the largest U.S. portfolio transactions since the onset of the pandemic.

Westmount JV Sells 1.2 MSF Atlanta Business Park

The partnership acquired the 17-building portfolio for $82 million in 2015 and invested some $9 million in renovations.

Tampa-Area Industrial Facility Trades for $15M

The newly-developed property is 50 percent occupied by a tenant that pre-leased the space before its completion.

Goldman Sachs Invests in Last-Mile Specialist

Elion Partners is the recipient of a strategic investment from the firm’s Vintage Real Estate Partners II fund for a vehicle that largely focuses on logistics assets.

Northeast Orlando Industrial Park Trades for $22M

The nearly 200,000-square-foot property is the largest privately owned industrial/flex facility in Seminole County.

ESA Vision: 100 GW of New Energy Storage in 10 Years

The U.S. Energy Storage Association reveals the 100×30: Enabling the Clean Power Transformation vision, a revised plan to boost the energy industry.

Los Angeles Regional Food Bank Buys Industrial Asset for $52M

Newmark Knight Frank advised the nonprofit in its challenging search for a warehouse in the metro’s competitive market.

Blackstone Sells 1.2 MSF Warehouse Portfolio

The purchase of the eight-building collection of properties in the Greenville-Spartanburg market marks the buyer’s first acquisition in South Carolina.

JLL Closes Northeastern Kentucky Warehouse Sale

Alex Geanakos, Jason DeWitt, Brian Shanfeld, Trent Agnew and Alex Sharrin assisted the seller of the 25,000-square-foot building.

MiTek Leases 412 KSF at Phoenix-Area Corporate Park

The industrial renewal and expansion deal enables the global construction supplier to grow its presence in Arizona.