Industrial

Welcome Wilson Jr., Chairman, Welcome Group LLC

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.

ElmTree Funds Buys Pepsi Bottling Facility

With the help of HFF, Armada Hoffler Properties sold the newly built distribution center in Richmond, Va., totaling more than 220,000 square feet.

Where Generation Meets Innovation

Nine promising initiatives from the U.S. and abroad point to the future of power, procurement and clean energy.

Wesco Distribution Center

Distribution Center in OH Acquired in 1031 Exchange

The 33,197-square-foot property carries a cap rate of 7.93 percent, with more than four years of remaining lease term. Third Coast purchased the asset for $3.4 million.

Morton Commerce Center

JV Breaks Ground on CA Manufacturing Facility

Morton Commerce Center, formerly the site of Morton Salt in Newark, will comprise four buildings totaling more than 600,000 square feet.

Gunston Commerce Center

NGP Pays $142M for DC-Area Business Park

Avison Young arranged the sale of the nine-building property situated in Lorton, Va., between the Pentagon and Marine Corps Base Quantico.