Industrial
ICP Buys Former Sears Distribution Center in Metro Columbus
Citing substantial demand, the Ohio-based developer plans to subdivide the 570,000-square-foot property, which is fully equipped with conveyors and racking.
JV Breaks Ground on 534 KSF San Diego Industrial Facility
Ryan Cos. and DWS Group are developing Vantage Point, a two-building distribution campus in Poway, Calif. The facility is the largest spec project of its kind in San Diego County in two decades.
Beverage Distributor Sells San Antonio Industrial Facility
The seller had occupied the property since its completion in the early 1990s. The new owner facilitated the sale with a $14.4 million loan from Comerica Bank.
LaSalle Investment Signs New Tenant at 409 KSF Atlanta Facility
A third-party logistics provider will occupy the property, which is located in the metro’s Fulton Industrial submarket. Cushman & Wakefield assisted the landlord in the deal.
Stan Johnson Arranges Houston-Area Industrial Sale
Director Zach Harris represented the seller in the 1031 exchange. The buyer of the 27,211-square-foot building in Brookshire, Texas, worked with Colliers International.
Seymour Hills Wind Farm to Power Akamai’s Dallas Data Center
The project will contribute to Akamai’s commitment to source renewable energy for 50 percent of its global network operations by 2020.
Ørsted’s Lincoln Clean Energy Acquires Coronal Energy
The acquisition deepens Ørsted’s expansion in the U.S. following its acquisition of Deepwater Wind from D.E Shaw Group in a $510 million deal in October.
Keystone Arranges $36M for San Diego County Flex Buildings
The four buildings add to buyer RAF Pacifica Group’s portfolio. Almost all purchases were renovated within the past two years and are fully occupied.
Rexford Industrial Spends $30M on 2 LA Assets
The REIT acquired two properties within prime infill submarkets. Both buildings were fully leased at the time of the deal.
Cushman & Wakefield Negotiates 192 KSF Lease Renewal in Miami
Executive Director Wayne Ramoski and Managing Principal Gian Rodriguez worked on behalf of the tenant, which will continue to occupy Terreno Realty Corp.’s entire industrial building.