Industrial
Northern Virginia Flex, Office Portfolio Trades for $44M
Minkoff Development purchased the five-building, 317,800-square-foot asset from Maguire Hayden Real Estate Co. The properties are part of the Avion Business Park, just south of Dulles International Airport.
Record Numbers at Port of NY, NJ Track Logistics Boom
The seaport logged its highest cargo volume ever, rising to second place nationwide, which bodes well for the thriving local logistics sector.
St. Louis Business Center Changes Ownership
Green Street St. Louis acquired Cassens Business Center for $2.3 million in 2016 and completely renovated the property before selling it for $14 million with the assistance of Stan Johnson Co.
Tampa Distribution Center Trades for $69M
Link Industrial Properties acquired the 955,000-square-foot, Class A industrial asset located just off Selmon Expressway. Cushman & Wakefield negotiated the deal on behalf of the seller.
Pine Gate Starts Work on 101MW Solar Project in SC
The development, which marks the company’s 13th project in the state, is spread across 651 acres, making it one of South Carolina’s largest solar sites.
ATXI Completes 1st Phase of Mark Twain Transmission Project
Ameren estimates that its total investment in the project—a 96-mile, 345,000-volt transmission line and substation—will reach $250 million.
Longroad Energy Begins Construction on 243MW Wind Farm
El Campo is one of the largest investments ever made in Knox County, with the total cost of the project estimated at $335 million.
Bixby Land Co. Acquires 2-State Industrial Portfolio
The California-based real estate owner and manager increased its national footprint with the purchase of 857,000 square feet of Class A property in Georgia and Texas.
Dominion Energy Begins Work on Offshore Wind Project
The first phase of construction takes place onshore and consists of the installation of a half-mile conduit that will hold the final stretch of cables connecting two 6 MW turbines.
Inland Empire Industrial Asset Lands 2 Tenants
The two companies signed leases totaling some 250,250 square feet, encompassing the entire Class A distribution center in Ontario, Calif.