Industrial
BLT Enterprises Sells San Diego R&D Facility
The company acquired the asset in 2017 and repositioned it to achieve a record price per square foot for an industrial asset in the Kearny Mesa submarket.
What’s Next for Amazon’s HQ2
Executives shed light on what the tech giant’s multi-billion investment means for Long Island City, N.Y., Crystal City, Va., and Nashville, Tenn.
Duke Energy Issues $1B Green Bond Offering
The bonds will be used to finance renewable energy projects in the Carolinas. Duke expects to add 1,800 megawatts of built and purchased solar capacity over the next five years.
Berkadia Secures $45M Loan for CT Portfolio
The firm worked on behalf of Delaware Commerce to arrange the permanent refinancing of a collection of 17 industrial and warehouse buildings in Danbury.
McCraney Property Inks Full-Building Lease in FL
UPS will occupy nearly 210,000 square feet at 27 Logistics Park, an industrial warehouse in Davenport. CBRE handled leasing for the property on behalf of the owner.
Portland Industrial Property Changes Hands for $49M
Specht Development and Ares Management have teamed up on the acquisition of the nearly 1 million-square-foot facility, which currently houses grocery wholesaler and retailer SUPERVALU.
Trade Wars Are No Obstacle to Industrial Sector—Yet
Nationwide, year-over-year rent growth hit 7.3 percent in the third quarter, according to a new report from Transwestern. A handful of the hottest industrial markets are doing even better.
Hiring Trends Buoy Suburban Rent Growth
Transwestern’s Jim Cardellicchio offers his perspective on why office and industrial properties outside of urban hubs are becoming increasingly attractive to investors and lenders.
Florida’s Sun Power to Grow by 7 GW
Solar generation will jump 44 percent over the next decade, the state public service commission predicts.
BLM Approves 500MW Solar Project in California
EDF Renewable Energy’s facility is slated to provide enough energy to power about 130,000 homes and employ more than 1,000 workers during the project’s peak.