Industrial
Richmond Industrial Facility Trades in $9M Deal
CBRE brokered the sale-leaseback transaction on behalf of locally based seller Pohlig Brothers Packaging. STAG Industrial Holdings purchased the 110,000-square-foot asset.
Kenco Logistics Signs 580 KSF Lease in the Inland Empire
One of the largest woman-owned, third-party logistics firms in the country, the company will move into a 700,000-square-foot building in Perris, Calif., later this year.
Maine Governor Signs Offshore Wind Bill
The bill requires Maine’s PUC to approve the PPA for Maine Aqua Ventus project at the University of Maine, a first-of-its-kind project in the U.S.
CTP to Receive $2B for Czech Industrial Portfolio Refi
Czech developer CTP has reached an agreement with multiple lenders, marking the largest real estate transaction in Central and Eastern Europe this year.
Orgill to Build $68M Distribution Center in New York
Billed as the world’s largest hardlines distributor, the company plans to build its first facility in the Northeast in the upstate city of Rome.
ICP Buys Pair of Midwest Warehouses
The properties are located in Bryan, Ohio, and Holland, Mich., and formerly belonged to Adient. They are fully leased to Yanfeng Automotive Interiors.
NorCal Industrial Building Receives $13M Refi
NorthMarq arranged the 10-year loan for a single-tenant, 348,500-square-foot facility located in Fairfield, Calif., around 3 miles from the city’s downtown.
Tampa Industrial Facility Sells for $26M
ASB Real Estate Investments purchased the 368,664-square-foot warehouse on behalf of its Allegiance Fund. The property is fully leased, with a tenant roster including Amazon.
Peloton Warehouses With CenterPoint in Chicago
The company will join Xpress Global Systems at the owner’s speculative building in Franklin Park, bringing the facility to 50 percent occupancy.
Duke Energy Solar Project Achieves Commercial Operation
Duke Energy Renewables acquired the 150-megawatt North Rosamond from a subsidiary of Clearway Energy Group. The solar farm generates enough energy to power approximately 71,000 homes.