Industrial
Georgia Power’s IRP Approved by State Government
By 2024, the company plans to add 2.3 gigawatts of renewable power as well as 80 megawatts of battery energy storage.
Granite REIT Buys 3 Facilities in $120M Deal
The fully leased industrial properties have a combined total of 1.3 million square feet and are located in the U.S. and the Netherlands.
Nation’s Largest Offshore Wind Agreement Winners
Empire Wind and Sunrise Wind development projects of Equinor, as well as Bay State Wind—a joint venture of Ørsted and Eversource Energy—are slated for completion by 2024.
With $4B Buy of IPT, Prologis Bulks Up in Key Markets
The all-cash transaction, which includes 37.5 million square feet of assets in 24 markets, will likely close in the fourth quarter.
Harsch Investment Begins Vegas Industrial Project
Plans for the development call for nearly 170,000 square feet of Class A space within the firm’s Speedway Commerce Center.
Northern Virginia Flex, Office Portfolio Trades for $44M
Minkoff Development purchased the five-building, 317,800-square-foot asset from Maguire Hayden Real Estate Co. The properties are part of the Avion Business Park, just south of Dulles International Airport.
Record Numbers at Port of NY, NJ Track Logistics Boom
The seaport logged its highest cargo volume ever, rising to second place nationwide, which bodes well for the thriving local logistics sector.
St. Louis Business Center Changes Ownership
Green Street St. Louis acquired Cassens Business Center for $2.3 million in 2016 and completely renovated the property before selling it for $14 million with the assistance of Stan Johnson Co.
Tampa Distribution Center Trades for $69M
Link Industrial Properties acquired the 955,000-square-foot, Class A industrial asset located just off Selmon Expressway. Cushman & Wakefield negotiated the deal on behalf of the seller.
Pine Gate Starts Work on 101MW Solar Project in SC
The development, which marks the company’s 13th project in the state, is spread across 651 acres, making it one of South Carolina’s largest solar sites.