Industrial
Conor Commercial Delivers IL Industrial Facility
The 265,550-square-foot North Avenue Commerce Center represents the largest commercial development in Winfield’s history. The project is expected to create some 280 jobs.
Frozen Assets Leases 125 KSF Facility in Northlake, IL
CBRE’s Steve Livaditis represented the tenant, while John Suerth and Jason Lev worked on behalf of landlord Bridge Development Partners.
Allianz, VGP Form $1.9B European Logistics JV
Through the new investment vehicle, the partners will focus on premier facilities developed by VGP in Austria, Italy, the Netherlands, Portugal, Romania and Spain.
New York Life Buys $49M Portfolio
The company has acquired a 670,536-square-foot industrial portfolio in Greensboro, N.C., in a submarket where the overall occupancy rate is 98 percent.
Inland Empire Manufacturing Facility Changes Hands
Precision Screen & Security acquired the former Watson Laboratories facility in Corona. The Class A industrial asset traded for $26.5 million.
Newmark Knight Frank Arranges 200 KSF Lease in NJ
The tenant at the industrial property in Parsippany is Vitaquest International, a manufacturer of nutraceuticals, which will use the facility for both production and distribution.
KKR Buys 566 KSF Multi-State Industrial Portfolio
By acquiring the five facilities in Baltimore, San Diego and Huntington Beach, Calif., the company grew its industrial portfolio to 8 million square feet nationwide.
Snacking Goes Green With Enel, Mondelez International Solar PPA
The agreement is the Mondelēz International’s largest renewable energy partnership at global level and its first PPA signed in the U.S.
2019 Solar Market Is Off to the Races
Highlights of solar energy’s record-setting 2019 start, plus insights on what’s in store for the second half of the year.
Industrial Investment: What Makes a Successful Value-Add Strategy
Scott Sealy Sr., chairman of Sealy & Co., shares insights into how location can close the gap between yesterday’s and today’s industrial assets.