Industrial
Lendlease, SMUD Sign 30-Year PPA
Upon completion in 2020, the Rancho Seco Solar II project is set to become the largest solar facility in Sacramento County, Calif,
Ace Logistics to Expand at Chesapeake Commerce Center
The company will occupy a total of 351,000 square feet at the property owned by Duke Realty Corp., including a new 182,00-square-foot warehouse facility.
FCP Sponsors $12M Opportunity Zone Industrial Deal
Baker Development Corp. will build the 325,000-square-foot property in the Phoenix suburb of Goodyear. Fintech platform EquityMultiple raised $2.4 million from its accredited investors for the transaction.
CenterPoint Properties Breaks Ground on Miami-Area Logistics Park
The 296,207-square-foot, two-building development is slated for delivery in Spring 2020. International Warehouse Services will be among the tenants at the property.
EDF, Canadian Solar Sign 1.8GW Supply Deal
The manufacturing company will supply its bifacial enhanced wafer BiHiKu and HiKu modules to EDF Renewables’ solar projects underway in the U.S., Canada and Mexico.
Canadian Solar Subsidiary Inks 222MW PPA
The deal, touted as the beverage industry’s largest single purchase of solar energy in the U.S., will help Anheuser-Busch brew its entire portfolio with 100 percent renewable energy by 2021.
Metro Miami Distribution Facility Trades for $38M
ASB Capital Management has purchased the 221,542-square-foot asset in Fort Lauderdale. CBRE assisted the seller, Bridge Development Partners, in the transaction.
Blackstone to Double US Industrial Footprint in Record $18.7B Deal
The company agreed to purchase assets from three GLP funds, building on growing e-commerce demand. The deal is being called the largest-ever private equity real estate transaction.
Trammell Crow Breaks Ground on 3 SoCal Facilities
The company teamed up with Clarion Partners to develop the next phase of The Center at Needham Ranch, a Class A property in northern Los Angeles County totaling more than 400,000 square feet.
Terreno Realty Buys 2 Industrial Buildings for $48M
The company has added to its portfolio around 119,000 square feet of industrial space located in San Francisco’s Dogpatch submarket.