Industrial
What’s Next for Logistics Property?
A new Prologis report examines how anticipated changes in the components of supply chain costs could impact the sector.
HFF Arranges Sale of Fort Worth Industrial Property
The firm marketed 35|820 @ Mercantile Center on behalf of the seller, Hunt Southwest. The building, completed last August, comprises more than 650,000 square feet.
Investcorp Grabs $300M Industrial Portfolio
The group of 56 warehouse assets totals 4.5 million square feet, increasing the global alternative investment manager’s U.S. industrial footprint to 14 million square feet.
World’s Largest Offshore Wind Farm Begins Operation
Ørsted and two Danish pension funds—PKA and PFA—share ownership of Walney Extension, the 659-megawatt project located off the coast of England.
NAI Hiffman Arranges Large IL Warehouse Lease Expansion
The tenant, JBS Logistics & Warehousing Inc., will occupy close to 400,000 square feet in the Chicago I-88 Corridor submarket.
Westcore Properties Adds LA-Area Facility to Holdings
The fully leased industrial facility is located in Moorpark, Calif. NKF Capital Markets worked on behalf of the seller, whereas the buyer was self-represented.
SunCap Trades GA Industrial Asset for $61M
Monmouth Real Estate Investment Corp. picked up the nearly 375,000-square-foot FedEx Ground distribution center, which opened this summer northeast of Atlanta.
STAG Acquires San Antonio-Area Industrial Facility
JLL Industrial Capital Markets arranged the sale on behalf of the previous owner, Colimar Inc. Located at 802 Trinity St., the property comprises 270,084 square feet of manufacturing and logistics space.
Cabot Properties Buys Chicago-Area Industrial Park
The nearly 900,000-square-foot property in Cicero, Ill., comprises one complete, fully leased building and two in-progress facilities that are slated for delivery by August 2019.
Ridge Development Sells Fort Worth Spec Warehouse
An institutional investor has acquired a 362,000-square-foot facility situated in Railhead Industrial Park, where the two parties traded an adjacent property in October 2017.