Industrial
First Industrial Grows Portfolio With Orlando Buy
The company paid more than $6 million for a Class A warehouse in the Southeast Orange submarket.
LaSalle Launches Real Estate Fund in Japan
The private open-ended core real estate fund started with six assets and $560 million of equity commitments from Japanese investors.
AEW Capital, Meritex Take $107M Stake in Industrial Portfolio
The newly formed partnership also plans to acquire $125 million in properties over the next 18 months.
Monmouth Lands Larger, Extended Revolving Credit Facility
The New Jersey-based net-lease industrial REIT negotiated a total of $300 million in unsecured credit, along with an accordion feature, extended maturities and interest-rate swap.
Lee & Associates Brokers $26M Industrial Portfolio Sale
An entity affiliated with KOAR Institutional Advisors acquired the eight properties in Glendale, Calif.
San Diego-Area Creative Park Sells for $23M
The fully leased, three-building property came online in 1989 and recently underwent renovations.
Bridge Development Lands 1st Tenant at Chicago Industrial Project
Keyence Corp.’s plans to move into its nearly 81,000-square-foot space shortly after construction wraps up in mid-2020.
Benjamin Moore’s Expansion in Dallas-Forth Worth
The lease of a 238,000-square-foot facility in Lewisville, Texas, more than doubles the paint manufacturer’s presence in the metro.
CBRE Arranges Warehouse Sale in South Florida
The industrial property was acquired for $8.7 million by an e-commerce operator who will be occupying the building.
New Jersey Industrial Asset Swaps Tenants
Cushman & Wakefield arranged the 233,000-square-foot full-building lease which terminates an existing lease on behalf of a new tenant, a pharmaceuticals manufacturer.