Industrial

TX Industrial Portfolio Commands $88M

Stos Partners and Washington Capital Management have teamed up on the acquisition of eight buildings comprising nearly 1.4 million square feet in the border city of Laredo.

Arizona Voters Reject Renewable Energy Proposition

The constitutional amendment would have required 50 percent of the electricity provided by APS to come from renewable sources by 2030, irrespective of the cost to customers.

Axalta Global Innovation Center

Record-Setting R&D Lab Debuts at Philadelphia Navy Yard

Axalta’s 175,000-square-foot Global Innovation Center is the world’s largest coatings research facility and will bring some 200 science and engineering jobs to the 1,200-acre campus.

Gladstone Acquires $21M MI Industrial Portfolio

The two buildings comprise a total of nearly 220,000 square feet and are 100 percent leased. The properties were purchased through an UPREIT transaction.

Puerto Rico Seeks 100 Percent Renewable Energy

A special legislative commission is considering a bill that would aid the U.S. territory to meet its electric demand with 100 percent renewable energy by 2050.

Chris McClurg, principal, Lee & Associates Arizona

A Nuanced Analysis of Phoenix’s Industrial Market Boom

With the metro boasting dynamic speculative industrial development, Lee & Associates Arizona Principal Chris McClurg explains why developers favor certain submarkets of the city.

Logistics Property Co. Breaks Ground on WI Development

Situated on 67 acres, the 1 million-square-foot project in Kenosha is slated to encompass two buildings and should come online by summer 2019.

TA Realty Pays $36M for FL Distribution Portfolio

A CBRE Capital Markets team represented the seller, Guardian Life Insurance Co., in the disposition of the two-building industrial asset.

CBRE Hires New Industrial Leader

John Morris was previously the head of industrial and logistics at rival Cushman & Wakefield. He will officially join the company in November 2019.

2018 CREW Network Convention Coverage

The struggle to find qualified talent, the changing healthcare industry’s impact on real estate and the booming industrial market were hot topics at the organization’s annual conference in San Diego, which drew thousands of members of the commercial real estate industry.