Industrial
Transwestern Sells 2 Lake County Logistics Buildings
Transwestern Investment Group sold the portfolio on behalf of the Diversified International Partners Fund. The warehouse and manufacturing facilities in the suburbs of Chicago total more than 100,000 square feet.
NJ Industrial Building Commands $9M
Black Creek Group expanded its portfolio in the region through the acquisition of a 76,220-square-foot warehouse and distribution facility in Hamilton. HFF represented the seller.
South FL Industrial Properties Ink 90 KSF in Leases
Sonny’s Enterprises and MRC Express Inc. have expanded, renewed and signed new lease transactions totaling 89,520 square feet in Broward County. Avison Young negotiated both leases on behalf of the tenants.
Cayuga Capital Secures $22M for Brooklyn Retail Conversion
The landlord has already locked down a long-term tenant for the entire building—California-based Vital Climbing Gym will open its first East Coast location in April 2020.
Rockefeller JV Sells More Than 1 MSF at New Jersey Park
Cushman & Wakefield arranged the disposition of two industrial buildings—both fully leased to credit tenants—at Rockefeller Group Logistics Center in Piscataway, N.J.
HFF Brokers $8M Industrial Sale in NJ
The team of Jose Cruz, Kevin O’Hearn, Steve Simonelli, Michael Oliver, Jordan Avanzato, Marc Duval and J.B. Bruno facilitated the deal on behalf of the seller.
CTDI Signs Full-Building Industrial Lease in Texas
The logistics and repair firm is set to occupy the recently completed, 706,000-square-foot facility in Fort Worth, its fifth location in the state.
FPL to Build Largest Solar-Powered Battery
The 409-megawatt facility is estimated to begin commercial operation in late 2021 and will be charged by an existing FPL solar power plant.
Detroit Gets in Gear As Tech Drives Auto Sector
Colliers International Senior Vice President Patrich Jett shares his views on the operational needs and real estate considerations of the automotive industry, as well as Detroit’s position in the sector.
Film Studio Inks LA-Area Lease
Owner and property manager LBA Realty signed a new 166,359-square-foot lease at Rockefeller Crossing, an industrial facility in Santa Clarita, Calif.