Industrial
Oxford Cos. Arranges MI Flex Building Deal
An Oxford-sponsored investment partnership, Grand Venture Associates, previously bought the Brighton building in 2007. At the time of sale, the asset was fully occupied.
Cloudy Phase, Brighter Future for Solar Industry
After last year’s slowdown, solar projects and employment are both on track to rebound in 2019.
GM, DTE Energy Sign Agreement for 300GwH of Wind Power
To date, 20 percent of GM’s global energy supply comes from renewable sources. The car manufacturer is a member of the Renewable Energy Buyers Alliance.
Farmers Insurance Exchange Signs New Lease in Phoenix
The company will occupy a 17,351-square-foot building, part of the Spectrum Ridge Flex park. Kidder Mathews brokered the transaction on behalf of the owner.
JLL Carolinas Brokers 405 KSF Industrial Sale
CM Knight Logistics acquired the former LaFrance Industries manufacturing facility in Anderson. At the time of the sale, 288,000 square feet were available for lease.
Combined-Cycle Power Plant Breaks Ground in Texas
Expected to begin commercial operation in mid-2021, the 993-megawatt Montgomery County Power Station is estimated to save customers $1.7 billion over the next thee decades.
BKM Capital Partners Buys Denver Industrial Asset
The company paid nearly $24 million for the property, which was 100 percent leased to 20 tenants at the time of sale.
Jacksonville Warehouse Changes Hands for $49M
Wells Fargo originated just shy of $30 million in acquisition financing for Graham & Co.’s purchase of the 877,196-square-foot industrial asset.
Fortune 500 Firm Buys MS Industrial Property
Core5 Industrial Partners sold a 581,000-square-foot building within Desoto 55 Logistics Center. The developer also revealed plans for the construction of three more buildings in the area.
Silverman Group Pays $183M for Multi-State Portfolio
Rubenstein Properties sold 27 industrial assets totaling more than 5 million square feet across New Jersey, Connecticut, Massachusetts, Iowa, Indiana and Alabama.