Industrial
Cushman & Wakefield Arranges Miami Industrial Sale
Miami 25 @ MIC, a 77,820-square-foot flex property located across the street from Miami Intermodal Center, traded for $8.6 million.
Newmark Knight Frank Appoints New EVP
Paul Klink, who brings more than 30 years of real estate experience to the new position, will lead the company’s industrial services division.
Graycor Completes 1st Phase of TEN Distribution Center in Phoenix
The development is Foreign Trade Zone capable, allowing for reductions of up to 72 percent on real estate property and equipment taxes.
Opus Welcomes First Tenants to KS Industrial Facility
Gateway Classic Cars and Lanter Delivery Systems Inc. leased a total of 85,000 square feet at the recently completed 56 Commerce Center.
Cushman & Wakefield Brokers AZ Industrial Sale
Conor Commercial Real Estate and Globe Corp. sold AZ|60 Industrial for $27 million. The two-building property in Gilbert encompasses 225,600 square feet.
National Solar Market Year in Review
The U.S. installed 10.6 gigawatts of solar photovoltaic capacity in 2018, reaching 64.2 gigawatts of total installed capacity, sufficient to power 12.3 million American homes, according to a report of Wood Mackenzie/Solar Energy Industries Association.
Invesco Real Estate Buys $129M FL Industrial Portfolio
The deal includes approximately 1.9 million square feet of warehouse space spread across three buildings in Jacksonville’s Westside and Northside submarkets.
Schostak Brothers Buys MI Distribution Center
Colliers represented the company in the acquisition of a 950,000-square-foot facility in Grand Rapids, as well as the property’s seller, Minnetrista Investments LLC.
Manufacturer Signs New Central FL Lease
The Dikman Co. worked on behalf of tenant MKZ Inc. in securing the 4,000-square-foot lease in Tampa’s Madison Business Park.
E-commerce, Logistics Firms Lead Industrial Leases in 2018
Manufacturers and retailers have taken a back seat, accounting for a decreasing number of space commitments, the latest CBRE research shows.