Industrial
Agellan Acquires $53M Distribution Center in Atlanta
The 2 million-square-foot industrial complex, built in 1978, is 87 percent leased to two tenants and was renovated in 2001.
Mapletree Acquires $1.1B Portfolio from Prologis, Norges
The deal increases the Singapore-based company’s holdings in the U.S. and Europe with the addition of 16.5 million square feet of logistics space.
Rockefeller Group Completes 2 MSF of Industrial in CA
The development firm has sold two of its recently completed buildings in the Inland Empire, totaling 1 million square feet.
Orlando-Area Warehouse Property Trades for $10M
CBRE facilitated the sale of Monroe CommerCenter South in Seminole County, a five-building asset close to Interstate 4. Charles Wayne Investment will handle management functions at the property.
Rialto Acquires MD Industrial Portfolio
Parkway Industrial comprises nine building totaling 711,220 square feet. Transwestern’s Mid-Atlantic Capital Markets Group represented the seller, a global investment manager.
GZA: Testing the Waters for Offshore Wind Farms
The offshore sampling is one of the first phases of what will be a five-month review by Deepwater Wind off its offshore leased property.
Cap Rates Rise for Net Lease Retail, Office; Down for Industrial
The average cap rate for the single-tenant net lease retail sector has continued to increase all year and hit its highest level since 2015, The Boulder Group reports.
Lake County Lands 252 kWh Floating Solar Array
Consisting of 720 panels, the Kelseyville facility floats on a man-made wastewater treatment pond. This is California’s first public solar power system.
RAF Pacifica Sells San Diego Industrial Portfolio for $170M
Cushman & Wakefield facilitated the deal, which included a dozen Class A assets totaling more than 1 million square feet.
ACCIONA Energia: Blockchain Tech Certifies Green Energy
The company developed STOReCHAIN, a system that manages data recorded by power counters in wind and solar plants and matches the energy produced with renewable energy certificates.