Industrial
Trammell Crow to Develop PA Industrial Facility
The development firm is set to build a speculative distribution center in the Valley View Business Park near Scranton. The project will be situated in an Opportunity Zone.
JP Morgan, Black Creek Group Form $400M Partnership
The equity commitment by the institutional investors will focus on industrial real estate throughout the U.S., including core, value-add and development opportunities.
Juhl Energy, GE Build 1st Solar-Wind Hybrid Project
The hybrid technology is designed to generate power efficiently during peak demand in both summer and winter.
Rosenthal Properties Buys Suburban MD Warehouse
The 110,000-square-foot property in Frederick, Md., faces Interstate 70 and is fully occupied by Colonial Sash & Door, United Refrigeration Inc. and other companies.
Lincoln Property Buys MO Industrial Portfolio
The properties comprise eight buildings within two adjacent industrial parks, totaling nearly 800,000 square feet. Newmark Knight Frank completed the deal on behalf of the seller.
JV Buys $83M NJ Distribution Center
ASB Real Estate Investments teamed up with Cohen Asset Management to purchase a Class A facility fully occupied by List Logistics.
Endurance, Blue Vista Break Ground on PA Distribution Center
Construction has begun on the 125,125-square-foot build-to-suit facility, which is located off Interstate 81 in Northeast Pennsylvania and scheduled for delivery in the third quarter of 2019.
SunPower to Install Solar Parking Canopy for Cabot Corp.
The integrated solar parking canopy project is expected to produce enough electricity to offset approximately 20 percent of the facility’s energy needs thereby reducing Cabot’s grid energy costs.
JV Breaks Ground on GA Spec Facility
A partnership of Lincoln Property Co. and Crow Holdings Capital Real Estate broke ground on a 251,000-square-foot industrial development in Lithia Springs. Completion is slated for summer 2019.
Arcapita Expands Cleveland Industrial Footprint
The global company partnered with Weston to acquire seven facilities totaling more than 650,000 square feet. Weston will be in charge of leasing and managing the portfolio.