Industrial
Ørsted Acquires Deepwater Wind in a $510M Deal
The transaction, which is subject to review by U.S. competition authorities, is expected to close by the end of 2018. Once finalized, the name of the organization will be Ørsted U.S. Offshore Wind.
Clean Energy Projects Get a $65M Boost
San Francisco-based Carbon Lighthouse has worked in more than 500 buildings across the U.S. and aims to cut the equivalent of 50 power plants by 2020.
CenterPoint Buys FL Distribution Facility
Located in Pompano Beach, the 778,816-square-foot property is 100 percent leased to Supervalu Wholesale. CBRE represented the seller in the deal.
Monmouth Buys NJ Industrial Asset for $85M
The company has acquired a 347,145-square-foot building in Trenton, upping its portfolio to 112 properties and approximately 21.5 million rentable square feet.
Fully Leased NJ Industrial Asset Lands $20M Financing
Principal Real Estate Investors provided the loan for Adler Development’s soon-to-be-completed warehouse situated along the Route 130 industrial corridor.
Beacon Partners Develops 525 KSF Warehouse in NC
Snack food company Campbell Soup will occupy the upcoming facility, which will rise on 33 acres within the new Pineville Distribution Park.
Industrial Sector on Fire as Experts Brace for Change
Robotics, automation and more creative approaches to logistics centers are part of the new era in the country’s booming market.
Fully Leased Atlanta Warehouse Changes Hands
Mayfield Properties sold the distribution center for more than $16 million. The roughly 455,000-square-foot asset last traded in 2014 for $12.8 million.
Valent Signs New Lease in San Ramon, CA
The company’s relocation to Canyon Corporate Park represents the consolidation of its Walnut Creek and Dublin operations. NKF arranged the deal on behalf of the landlord.
Markets See Industrial Supply Trail Demand
Marcus & Millichap’s newly released local reports reveal a handful of sector trends in metropolitan areas across the U.S. and Canada for the second half of 2018.