Industrial
JV Buys $83M NJ Distribution Center
ASB Real Estate Investments teamed up with Cohen Asset Management to purchase a Class A facility fully occupied by List Logistics.
Endurance, Blue Vista Break Ground on PA Distribution Center
Construction has begun on the 125,125-square-foot build-to-suit facility, which is located off Interstate 81 in Northeast Pennsylvania and scheduled for delivery in the third quarter of 2019.
SunPower to Install Solar Parking Canopy for Cabot Corp.
The integrated solar parking canopy project is expected to produce enough electricity to offset approximately 20 percent of the facility’s energy needs thereby reducing Cabot’s grid energy costs.
JV Breaks Ground on GA Spec Facility
A partnership of Lincoln Property Co. and Crow Holdings Capital Real Estate broke ground on a 251,000-square-foot industrial development in Lithia Springs. Completion is slated for summer 2019.
Arcapita Expands Cleveland Industrial Footprint
The global company partnered with Weston to acquire seven facilities totaling more than 650,000 square feet. Weston will be in charge of leasing and managing the portfolio.
BLT Enterprises Sells San Diego R&D Facility
The company acquired the asset in 2017 and repositioned it to achieve a record price per square foot for an industrial asset in the Kearny Mesa submarket.
What’s Next for Amazon’s HQ2
Executives shed light on what the tech giant’s multi-billion investment means for Long Island City, N.Y., Crystal City, Va., and Nashville, Tenn.
Duke Energy Issues $1B Green Bond Offering
The bonds will be used to finance renewable energy projects in the Carolinas. Duke expects to add 1,800 megawatts of built and purchased solar capacity over the next five years.
Berkadia Secures $45M Loan for CT Portfolio
The firm worked on behalf of Delaware Commerce to arrange the permanent refinancing of a collection of 17 industrial and warehouse buildings in Danbury.
McCraney Property Inks Full-Building Lease in FL
UPS will occupy nearly 210,000 square feet at 27 Logistics Park, an industrial warehouse in Davenport. CBRE handled leasing for the property on behalf of the owner.