Industrial
CBRE Ranks Top Life Sciences Markets
The report names the leading clusters for manufacturing, testing and R&D in the fields of biotechnology, pharmaceuticals and medical devices.
Inland Empire Industrial Asset Sells for $16M
Compass Danbe Real Estate Partners sold the 120,575-square-foot facility located in Rialto, Calif. The asset is occupied by the buyer’s affiliate, Magnolia Food.
South FL Amazon-Leased Warehouse Changes Hands
Dalfen Industrial is the new owner of the industrial asset in the North Central Miami-Dade submarket. The roughly 200,000-square-foot facility traded for $24 million.
Colony Industrial Buys $1B Portfolio
The company acquired the seven-state collection of high-quality facilities from Dermody Properties, enhancing its footprint by 11.9 million square feet.
Medical Manufacturer Inks 247 KSF Lease in MA
Owners Artemis Real Estate Partners, Drake Real Estate Partners and Pacer Partners signed a renewal and expansion with Nypro Inc. in Devens, Mass.
Industrial Market: NYC in Focus
Executive Managing Director Alan Weisman of Lee & Associates provides insight into New York City’s industrial warehouse market, revealing the changes the industry has faced during the past few decades.
NJ Logistics Properties Land $52M Financing
The loan comprises a senior mortgage and a line of credit, which will pay off existing debt and facilitate the acquisition of equipment and the construction of an additional warehouse.
CBRE Arranges NC Industrial Sale
Executive Vice Presidents Patrick Gildea and Randy Getz, Senior Associate Matt Smith and Senior Financial Analyst Grayson Hawkins represented the sellers.
Quaker Distributing Signs Long-Term Lease at 800 KSF Facility
The Pizzuti Cos. has recently completed construction on Rickenbacker West I, a Class A facility located near Rickenbacker International Airport in Columbus, Ohio.
FRP Acquires Baltimore-Area Industrial Park
The company intends to perform capital improvements on the 270,000-square-foot Cranberry Run Business Park in Aberdeen, Md. The $6.3 million purchase is part of the firm’s new development strategy.