Industrial

Pennsylvania Distribution Center Commands $43M

Black Creek Group acquired the 456,810-square-foot asset in Shiremanstown. JLL assisted the seller in the disposition.

Rockefeller Breaks Ground on California Distribution Center

The development firm has started construction on a 203,944-square-foot facility in the Inland Empire that will be completed by summer 2020.

Q&A: Avoiding the Herd Mentality in Single-Tenant Industrial

Bryan Norton shares he and his partners at Triple Net Acquisitions are managing to cut their own path in single-tenant real estate investments.

Image via Pixabay.com

Big-Box Wins Big in 2019

The first six months of 2019 proved highly successful for this industrial subsector, with high positive net absorption and record-high rents, a new report by Colliers shows.

Avison Young to Manage Another 502 KSF in Broward County

With the addition of Principal Real Estate Investors’ three industrial assets, the firm’s property management portfolio in Florida reached 22 million square feet to date.

AT&T Signs VPPAs for 960MW of Wind, Solar

The company estimates that its renewable energy purchases will reduce greenhouse gas emissions by an amount equivalent to powering more than 560,000 homes for one year.

Google Signs 18 Deals for 1.6GW of Renewable Energy

The transactions span the globe and include investments in the U.S., Chile and Europe.

Image via Freepik

DRA Advisors JV Pays $205M for Industrial Portfolio

The company teamed up with Jera Partners to acquire 27 facilities spread throughout 15 states and totaling more than 3 million square feet.

Navistar’s $250M Industrial Project in San Antonio

The commercial trucks and buses manufacturer, which has already received a grant from the state of Texas for the project, expects to break ground on the new development later this year.

Lee & Associates Arranges 60 KSF Los Angeles Industrial Lease

Managing Director Scott Caswell and Associate Erica Balin represented the tenant, Neutraderm. CBRE’s Vice President Bennett Robinson acted on behalf of the landlord.