Industrial
GZA: Testing the Waters for Offshore Wind Farms
The offshore sampling is one of the first phases of what will be a five-month review by Deepwater Wind off its offshore leased property.
Cap Rates Rise for Net Lease Retail, Office; Down for Industrial
The average cap rate for the single-tenant net lease retail sector has continued to increase all year and hit its highest level since 2015, The Boulder Group reports.
Lake County Lands 252 kWh Floating Solar Array
Consisting of 720 panels, the Kelseyville facility floats on a man-made wastewater treatment pond. This is California’s first public solar power system.
RAF Pacifica Sells San Diego Industrial Portfolio for $170M
Cushman & Wakefield facilitated the deal, which included a dozen Class A assets totaling more than 1 million square feet.
ACCIONA Energia: Blockchain Tech Certifies Green Energy
The company developed STOReCHAIN, a system that manages data recorded by power counters in wind and solar plants and matches the energy produced with renewable energy certificates.
Amazon-Leased Distribution Center Commands $98M
The Koll Co. and Seera Investment Bank B.S.C. sold the 1 million-square-foot distribution center in Phoenix, two years after acquiring the property for $74.8 million.
Beacon Partners Expands Charlotte Industrial Footprint
The company increased its portfolio with the acquisition of a 95,000-square-foot facility in Twin Lakes Business Park. CBRE represented the seller in the transaction.
EverWest Snaps Up WA Industrial Portfolio
The firm acquired a three-building package near Seattle, in a joint venture with a Colorado-based investment fund. The properties, which total 286,472 square feet, are fully occupied by global packaging company ProAmpac.
On the Market: 5 Interesting Listings for September
This month’s listings include office, retail and industrial properties located in desirable neighborhoods in or near Las Vegas, Orlando, Minneapolis, Atlanta and Los Angeles.
Industrial at Full Throttle—For Now
With e-commerce and international trade pushing the sector further, a couple of import tariffs are not likely to scare off investors. A full-on trade war, however, could make a dent or two.