Industrial
Work Begins on First of 6 Microgrids to Power Joint Base Pearl Harbor-Hickam
PEARL will comprise a 1.5-megawatts of solar photovoltaic integration, 500 kilowatt-hours of battery storage and the ability to restore 1MW of power with less than a 10 percent voltage drop.
EverWest Buys Los Angeles Warehouse for $39M
The company acquired the 181,730-square-foot industrial property in a sale-leaseback transaction.
Hines Global’s Got Royal Mail in Scotland
The $32.7 million purchase of the sorting warehouse in Edinburgh marks the trust’s third investment in U.K. logistics properties this year.
Crow Holdings Inks Mega-Lease in New Jersey
A global electronics manufacturer will soon move into the entirety of an upcoming 925,000-square-foot industrial development.
Sealy Garners $909M on US Industrial Portfolio Sale
As part of a long-term strategy, the investment fund sold a collection of assets totaling 16.3 million square feet.
Prologis Signs New Tenant at Miami Industrial Park
A storage and logistics company will occupy 80,000 square feet at Beacon at 97th Avenue in Doral, Fla.
Focus Real Estate Sells San Diego Industrial Park for $20M
CBRE assisted the company in the disposition of its eight-building asset, which was 97 percent leased upon closing.
Exeter Property Group Pays $195M for Washington Industrial Facility
The firm expands its portfolio with the acquisition of a 1.2-million-square-foot warehouse in Centralia, Wash.
ASB Real Estate’s $101M Inland Empire Deal
In its latest strategic move, the company has added the fully leased Bloomington Logistics Center to its industrial portfolio.
Inland Empire Industrial Park Changes Hands for $9M
Lemon Street Industrial Center, a 102,400-square-foot property, was sold by Positive Investments to a buyer in a 1031 exchange.