Industrial
Apex Clean Energy Buys 442.5MW of Solar Projects in VA
The solar capacity is distributed into four projects currently underway across Virginia. Upon completion, the company’s portfolio is anticipated to power approximately 72,000 homes.
Enel Begins Work on 450MW Wind Farm in Texas
Upon completion, the project will be Enel’s largest wind farm, anticipated to generate around 1.7TWh annually and prevent the emission of more than 1.1 million tons of carbon dioxide per year.
CA Industrial Park Changes Hands
The industrial park consists of two buildings totaling more than 146,000 square feet. The properties have recently undergone $2.6 million in renovations.
Genet Property Group Buys FL Industrial Portfolio
The purchase included Fairfax Industrial Park in Riviera Beach and 7150 Devons Road in West Palm Beach. Cushman & Wakefield represented the seller in the transaction.
Construction Begins on 2 LA-Area Industrial Facilities
Prologis is developing two Class A industrial buildings totaling more than 346,000 square feet in Vernon, Calif., a town with an industrial inventory of about 56 million square feet.
Mack-Cali Sells NY Warehouse for $70M
The disposition of the 386,000-square-foot Elmsford Distribution Center in Westchester County marks another step in the company’s portfolio transformation program.
Texas’ Largest Energy Storage System Begins Operation
As it captures excess solar power, the lithium-ion structure has a capacity of 10MW/42MWh. That makes it the seventh largest nationally.
Cook Medical Acquires 850 KSF Facility in NC
The medical devices manufacturer intends to relocate all local workforce to the former R.J. Reynolds Tobacco Co. plant in Winston-Salem’s Whitaker Park.
Net Lease Retail Cap Rates Flat in Q4, Up for the Year
Industry participants expect an active market in 2019, as well as higher acquisition yields, The Boulder Group reports.
Tradepoint Atlantic Receives $135M for 2 Industrial Buildings
HFF facilitated the financing of the build-to-suit Class A properties in Sparrows Point, Md., which are fully leased to Under Armour and Amazon.