Industrial
Stos Partners Sells Brandywine Distribution Center in San Diego
KKR and Alpha Industrial Properties acquired the 170,011-square-foot multi-tenant asset for $24.4 million. Cushman & Wakefield facilitated the transaction on behalf of the seller.
SunCap Opportunity Fund Buys Orlando-Area Industrial Center
The company paid $14.9 million to acquire the eight-building, 185,000-square-foot facility in Seminole County. A CBRE team assisted the seller in the disposition.
LevelTen Energy Matches Starbucks’ Portfolio PPA
The current deal marks the first time a corporate buyer simultaneously procures a fraction of the power generated by multiple new projects.
Stos Partners Sells San Diego-Area Assets for $34M
In separate transactions, the company has sold a two-building, 170,805-square-foot industrial property in Chula Vista to KKR and a 50,643-square-foot office property in San Dimas to non-profit JJATC.
Enel Sells 540MW of Renewable Capacity for $743M
The transaction included three renewable energy plants, two solar farms and a wind park acquired by Chinese company CGN Energy International Holdings Co.
Lendlease, SMUD Sign 30-Year PPA
Upon completion in 2020, the Rancho Seco Solar II project is set to become the largest solar facility in Sacramento County, Calif,
Ace Logistics to Expand at Chesapeake Commerce Center
The company will occupy a total of 351,000 square feet at the property owned by Duke Realty Corp., including a new 182,00-square-foot warehouse facility.
FCP Sponsors $12M Opportunity Zone Industrial Deal
Baker Development Corp. will build the 325,000-square-foot property in the Phoenix suburb of Goodyear. Fintech platform EquityMultiple raised $2.4 million from its accredited investors for the transaction.
CenterPoint Properties Breaks Ground on Miami-Area Logistics Park
The 296,207-square-foot, two-building development is slated for delivery in Spring 2020. International Warehouse Services will be among the tenants at the property.
EDF, Canadian Solar Sign 1.8GW Supply Deal
The manufacturing company will supply its bifacial enhanced wafer BiHiKu and HiKu modules to EDF Renewables’ solar projects underway in the U.S., Canada and Mexico.