Industrial
Enel Green Power’s 1st Zambia PV Project Begins Operation
The 34-megawatt solar facility, located in southern Zambia, will sell its energy to the country’s state-owned utility ZESCO through a 25-year PPA.
BKM Capital Closes $382M Fund
The firm’s second institutional fund will invest in undervalued, light industrial assets in target markets across the western U.S.
Top 10 Industrial Completions in the Inland Empire
Last year, developers added more inventory to the market than at any point during the past decade, with new product concentrated in only a handful of submarkets.
Work Starts on 750 KSF Logistics Center Near Baltimore
Atapco Properties has teamed up again with Chesapeake Real Estate Group to develop a pair of industrial buildings on a 52-acre site in White Marsh, Md. Delivery is slated for the first quarter of 2020.
Momentum Persists for Industrial, Office Sectors; Lags for Retail
Occupants and investors believe that online shopping will continue to weaken the retail market, according to a new RICS U.S. Commercial Property Monitor report.
TCC Joint Venture to Develop Industrial Property South of Portland
The half-million-square-foot warehouse and beverage distribution facility is set to include office space, with possibility to add an additional 224,000 square feet.
WestRock Signs 74 KSF Industrial Lease Near Seattle
The packaging company joins Uline Corp. at Hogum Bay Logistics Center, which occupies the bulk of the 1.1 million-square-foot facility in Lacey, Wash.
PNM to Expand Transmission Line to Bolster Renewable Energy
The Western Spirit line, set to accommodate roughly 800 megawatts of new wind energy, is scheduled for completion in 2021.
DaVita Commits to 100 Percent Renewable Energy
The health-care provider signed two VPPAs with a Boston-headquartered renewable energy developer, aiming to reach its goal by 2022.
Pittsburgh Industrial Portfolio Trades for $38M
CBRE represented the seller, Bentall Kennedy, in the sale of the seven-building industrial portfolio. The properties include approximately 408,000 square feet of space located near the city’s downtown.