Industrial
Amazon Adds to Renewable Energy Footprint
All told, Amazon has 66 renewable energy projects with a capacity to generate 1,342 megawatts.
NYPA to Invest $1.1B in Niagara Plant Upgrade
Highlights include replacing aging equipment with advanced technologies to optimize performance.
Microsoft, First Solar Partner for Solar-Powered Data Centers
Sun Streams 2, a 150-megawatt solar plant will provide enough power to cover the energy load for new Arizona data center campuses under a 20-year power purchase agreement.
Trammell Crow to Develop 700 KSF Baltimore Distribution Facility
Along with partner Diamond Realty Investments, the developer secured construction financing for the project. North East Commons, located in a Maryland Enterprise Zone, will be eligible for tax credits.
Grayson Power Plant Turns to Cleaner Alternatives
The new plan includes a 75 MW, 300MWh battery energy storage system, up to 50 megawatts of distributed solar projects and 93 MW of thermal generation.
Lennox International to Relocate Tampa Operations
The climate control solutions provider will occupy nearly 22,000 square feet at Sabal Park Distribution Center starting with October. The Dikman Co. facilitated the lease.
Industrial Vacancy to Stay Near Historic Lows
High demand, low supply and rising rents seen in the second quarter will likely persist through year’s end, according to Prologis.
BKM Capital Partners Hits Milestone With $111M Las Vegas Buy
The purchase of the 13-building industrial property marks the California firm’s largest to date. Pacific Business Center was 85 percent leased at the time of sale.
Duke Energy to Add 350MW to Oklahoma Wind Park
Upon completion, which is slated for December 2020, Frontier I and II will generate a total of 550 megawatts of wind energy.
Kidder Mathews to Manage 3 MSF Portland Portfolio
The contract for 13 industrial properties, owned by newly formed BentallGreenOak, brings Kidder Mathews’ management footprint in the metro to 12.5 million square feet.