Industrial
Thackeray Partners JV Sells NC Distribution Center
Boston-based NorthBridge Partners acquired North 70 Distribution Center. The 260,000-square-foot facility in Durham was fully leased at the time of sale.
NJ Turnpike Industrial Facility Lands New Tenant
NAI James E. Hanson negotiated a 13,600-square-foot lease for HVCAR supplier Johnstone Supply in Cranbury Township. The facility is part of New Jersey’s Exit 8A industrial market.
Liberty Property Trust Inks Full-Building Lease in NJ
The Gilbert Co. will be the only tenant of the 302,500-square-foot industrial building, which traded in a $41 million deal last September.
Ashley Capital Expands WI Industrial Campus
The firm has broken ground on the second building at Enterprise Business Park in Sturtevant. The property is slated for completion by late 2019 and is available for preleasing.
Panattoni, Principal Real Estate Lease 70 KSF Industrial Asset in OC
Daum Commercial completed the 10-year lease with a roofing distributor. The Class A asset is part of Orange County Commerce Center, a four-building property totaling 232,354 square feet.
Welcome Group Lands $300M Capital Infusion
The Texas developer will use the funding from an investment vehicle managed by Almanac Realty Investors to reinforce its existing strengths in single-tenant projects, primarily industrial.
NAI Hiffman Appoints New Senior VP
Steven Bass has joined the NAI Hiffman team as senior vice president. Until recently, he had been an executive vice president with Lee & Associates.
Why Industrial Demand Is Skyrocketing Along the NJ Turnpike
Colliers International’s Dennis Waggner and John Obeid break down the area’s unique attributes and weigh in on how rental rates will evolve going forward.
Cushman & Wakefield Arranges Sale and Financing of Tampa Industrial Facility
The firm’s sales team represented the seller and its Equity, Debt & Structured Financing Group secured the financing for the acquisition of the 201,620-square-foot asset.
Stockbridge Capital Group Buys FL Industrial Park
Working on behalf of the seller, Cushman & Wakefield negotiated the sale of Powerline Business Park, a 444,000-square-foot property in Pompano Beach.