Industrial

MCA Realty Makes $42M Industrial Buy in Las Vegas

The Equus Business Center, a multi-tenant industrial property about a mile from the Las Vegas Strip, will be rebranded as Central Seven Commerce Center.

ASB Real Estate Buys Inland Empire Industrial Asset for $124M

The company acquired the 1.4 million-square-foot Columbia Business Park development in Riverside, Calif., from a client of Washington Capital Management Inc.

San Diego-Area Industrial Asset Sells for $7M

Cushman & Wakefield arranged the transaction of the 40,831-square-foot facility on behalf of the seller. The buyer was self-represented in the deal.

700 Blair Road in Carteret. Image courtesy of CBRE

New Jersey Industrial Portfolio Sells for $178M

Hampshire Real Estate Cos. sold the assets into a new joint venture with an affiliate of Colony Capital. The complex transaction was arranged by CBRE.

South Florida Industrial Building Reaches Full Occupancy

The new tenant will occupy 17,247 square feet at St. Lucie Design Center, marking its third location in South Florida after Fort Lauderdale and West Palm Beach.

EverWest Inks Full-Building Lease in New Jersey

CBRE represented online fashion e-commerce firm Fashionphile in the 105,118-square-foot industrial lease in Moonachie. The facility is undergoing a complete redevelopment.

CLOSED: 2019 Executive of the Year Awards Nominations

Commercial Property Executive is putting together the ballot for this year’s Executive of the Year awards, and we want your input! The deadline to submit is September 6!

Welcome Gets $200M Credit Facility for Texas Portfolio

The seven-year financing involves 18 fully leased, single-tenant industrial properties, more than two-thirds of them located in metro Houston.

Duke Realty’s Industrial Project Nearing Completion

The final two buildings of the Class A, 800,200-square-foot industrial park in West Palm Beach, Fla., are under construction and already fully leased.

Westcore Buys New 380 KSF Phoenix Industrial Asset

The new owner is bullish on the western U.S. industrial sector—the recently delivered speculative building known as West 80 proved to be a strategic investment.