Industrial
Art Van Furniture Store Changes Hands in OH
The 91,388-square-foot store located in Toledo’s metropolitan area traded for $16.5 million. Stream Capital Partners represented the institutional seller.
Brokers Predict Positive CRE Market in 2019
Participants in Transwestern’s new sentiment survey weigh in on what the New Year will bring for the office, medical office and industrial sectors.
CBRE Forecasts Solid 2019 for CRE
Although specifics differ widely across sectors, most major categories should continue to benefit from favorable economic conditions.
Jacksonville Industrial Property Commands $15M
BankUnited provided $10.6 million in acquisition financing to buyer IP Capital Partners. The seller had previously acquired the three-building, 600,000-square-foot portfolio in 2016.
Oil, Gas Producers on Uneven Road to Carbon-Free Future
Europe’s investment in the transition outpaces the U.S., Russia and China, concludes a U.K.-based environmental research group.
PacVentures Buys TX Industrial Portfolio
Transwestern represented the buyer in the acquisition of a collection of 10 buildings located in Brownsville and totaling more than 800,000 square feet.
Xcel Pledges to Phase Out CO2 Emissions
By 2050, the energy company plans to have reduced its carbon emissions by 100% from 2005 levels, with an interim target of 80 percent by 2030.
MCA Realty Enters San Diego Industrial Market
The company purchased a two-building property that encompasses almost 41,000 square feet and revealed plans to renovate the existing vacant space.
Ares Management Closes $1B Fund
The firm’s ninth investment vehicle is significantly larger than the fund that closed in 2014, on the strength of support from both current and new investors.
St. John Properties Breaks Ground on 3 Buildings in MD
The structures will house a total of 200,000 square feet of flex, R&D, bulk and warehouse space. All three facilities will be completed in the summer of 2019.