Industrial
Industrial Supply Catches Up With Demand
A new CBRE report found the overall availability rate in U.S. markets was 7.0 percent, a very slight decrease that marked the 35th consecutive quarter of decline.
Transwestern Buys 1.5 MSF Industrial Portfolio in Columbus
A joint venture between Singerman Real Estate and Green Door Capital has sold a collection of three properties to the firm’s new TSP Value and Income Fund II.
Transwestern Brokers 100 KSF Leases in Miami
Walter Byrd, Ben Eisenberg, Thomas Kresse and Carlos Gaviria worked on behalf of tenants Geodis Logistics and Crowley Logistics in both deals.
Port Cities and Industrial Real Estate
Bold investments in infrastructure and the explosion of ecommerce are benefiting port cities and industrial real estate. Here is a look at opportunities in the most dynamic seaport markets.
Chrysaor Buying ConocoPhillips North Sea Assets for $2.7B
The mega transaction will make the private equity-backed U.K. oil company one of the basin’s largest producers.
Austin Energy to Acquire Nacogdoches Facility for $460M
The transaction is expected to close in mid-2019 and will enable Austin Energy to avoid about $275 million in additional costs over the remaining term of the agreement.
Cushman & Wakefield Facilitates $16M CA Industrial Sale
The new owner financed the acquisition with a $10 million loan from East West Bank. A Mitsubishi subsidiary is the only tenant of the 73,000-square-foot building in Poway.
TIG Raises $200M for New Fund
The firm raised $200 million to start its TSP Value and Income Fund II, which is targeting a net IRR of 12.5 percent or higher.
Meridian Design Kicks Off St. Louis-Area Industrial Project
The company is developing the speculative building on a 135-acre parcel within Gateway Commerce Center on behalf of Exeter Property Group.
Jackson-Shaw, LaPour Partners Kick Off Metro Phoenix Industrial Project
The joint venture is developing Parc Germann, a new 224,471-square-foot, two-building industrial property in Chandler, Ariz. The facility is expected to open this year.