Industrial
HFF Arranges $180M Loan for Class A Industrial Portfolio
A joint venture between Bixby Land Co. and an institutional partner used an initial $48.9 million in funding to acquire four buildings across California and Arizona.
Amazon Signs 1 MSF Lease in Alberta, Canada
The upcoming facility will span 58 acres within Border Business Park, an industrial area at the outskirts of the city, and will represent Amazon’s second distribution center in Alberta.
JV Sells $72M Long Island City Industrial Building
Less than two years after buying the asset, the joint venture between Metropolitan Realty Associates and TH Real Estate sold the property for a tidy profit.
Missner Group Delivers Chicago Industrial Facility
The company partnered with Timber Hill Group to complete the Chaddick Industrial Center in the Northeast Cook County submarket. Cushman & Wakefield represented ownership.
Plymouth Industrial Closes Stock Sale, $97M Portfolio Purchase
The REIT sold $75 million worth of shares to Madison International Realty and used a portion of the proceeds to acquire a 1.1 million-square-foot group of assets in Jacksonville, Fla.
Art Van Furniture Store Changes Hands in OH
The 91,388-square-foot store located in Toledo’s metropolitan area traded for $16.5 million. Stream Capital Partners represented the institutional seller.
Brokers Predict Positive CRE Market in 2019
Participants in Transwestern’s new sentiment survey weigh in on what the New Year will bring for the office, medical office and industrial sectors.
CBRE Forecasts Solid 2019 for CRE
Although specifics differ widely across sectors, most major categories should continue to benefit from favorable economic conditions.
Jacksonville Industrial Property Commands $15M
BankUnited provided $10.6 million in acquisition financing to buyer IP Capital Partners. The seller had previously acquired the three-building, 600,000-square-foot portfolio in 2016.
Oil, Gas Producers on Uneven Road to Carbon-Free Future
Europe’s investment in the transition outpaces the U.S., Russia and China, concludes a U.K.-based environmental research group.