Industrial
New Jersey Industrial Facility Scores $20M Refi
Working on behalf of Elberon Development Group, JLL arranged the 20-year, fixed-rate loan.
NAI Partners Buys Southwest Houston Industrial Park
The new owner’s management division will operate the 16-building Avera Commerce Center.
Philadelphia Industrial Property Trades for $9M
The Hampshire Cos. has sold the 86,315-square-foot property to Mountain Development Corp.
Duke Realty Inks Major Inland Empire Lease
The logistics REIT landed a full-building tenant for its Perris, Calif., property that is expected to come online in September 2020.
PGIM Secures $66M for Inland Empire Industrial Deal
TA Realty took the eight-year, fixed-rate loan to finance its acquisition of the 1 million-square-foot asset earlier this year.
Perot Development Lands Equity, Financing for 2.4 MSF Dallas Project
With the assistance of JLL Capital Markets, the company secured Invesco Real Estate as an equity partner and obtained a construction loan for the initial phase of the industrial park.
Transwestern Pays $14M for Los Angeles Logistics Asset
The new owner plans to undertake exterior improvements at the two-building Arenth Commerce Center.
An Industrial Developer’s Insights on the Pandemic’s Impact
Bridge Development Partners’ Jeff Milanaik discusses the changes brought about by the coronavirus crisis in major industrial markets, and what’s next for the sector.
Pennsylvania Industrial Portfolio Scores $9M Financing
The borrower plans to use the loan to recapitalize construction costs and provide leverage through stabilization.
Cushman & Wakefield to Lease 640 KSF Industrial Facility
Lexington Realty Trust’s North Carolina cross-dock property opened in the late 1990s and is within 40 miles of Charlotte and Winston-Salem.