Industrial
World’s Largest Floating Wind Farm to Come Online in 2019
The WindFloat project is developed by the Windplus consortium, which is jointly owned by EDP Renewables, ENGIE, Repsol and Principle Power off the coast of Portugal.
Westmount Realty, Stockbridge Buy Chicago-Area Industrial Portfolio
The purchase includes 38 buildings in several sought-after submarkets including O’Hare, Lake County and Elgin.
Lee & Associates to Market 1 MSF Maryland Distribution Facility
STAG Industrial has owned the 51-acre property located 12 miles west of Interstate 83 in Hampstead since 2013.
SB Energy, Intersect Power Agree on 1.7GW of Solar Power
The generating capacity will come from five projects located in California and Texas, which will begin construction in early 2020.
US Wind Industry Surpasses 100GW of Wind Capacity
The U.S. wind project pipeline has increased 22 percent year-over-year through the third quarter of 2019 to more than 46 gigawatts underway, says a report from the American Wind Energy Association.
Ascendas REIT to Buy US, Singapore Assets for $1.2B
The Singapore-based company will acquire 4 million square feet of business park properties from its controlling unitholder, CapitaLand Ltd., in a deal marking its debut in the American market.
Big Lots Sells Inland Empire Warehouse for $191M
The discount retailer is using a portion of the proceeds to purchase its headquarters in Columbus, Ohio.
Cushman & Wakefield Arranges Office Sale in San Diego
The buyer, internet service provider ZTelco, paid $2 million for the property, which will function as the company’s new headquarters.
Mayflower Wind Wins Massachusetts’ Second Offshore Wind Procurement
Mayflower Wind’s final contract with the state’s distribution utilities is expected to be finalized in December.
NAI Hiffman Arranges Sale of Chicago-Area Industrial Facility
The company marketed the property on behalf of the seller, Heller Industrial Parks, and procured the buyer, TradeLane Properties, which plans to modernize the building.