Industrial
CleanCapital, CarVal Acquire 75MW Solar Portfolio in NJ
Dubbed Olympic, the 15 facilities were acquired from KDC Solar. Off-takers for these projects include Fortune 100 companies as well as local governments and institutions.
DTE Energy to Expand MI Wind Portfolio by 455MW
The three new projects are scheduled for completion in 2020 and are part of the company’s commitment to reduce carbon emissions by at least 80 percent by 2040.
Solar Industry Asks Congress to Extend ITC
The policy, set to begin its phaseout next year, has spurred $140 billion in private sector investment and the creation of more than 200,000 jobs since 2005.
SunCap Trades South FL Industrial Asset
The nearly 60,000-square-foot warehouse and distribution center is fully occupied by a single, long-term tenant under a lease expiring in 2028.
Ashley Capital Buys 800 KSF Distribution Facility in VA
The new owner plans to begin work on a complete renovation at the industrial property, including rebranding it as Virginia Gateway Logistics Center.
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.