Industrial
Hines, Oaktree Buy 576 KSF Industrial Complex in CA
Adding to their portfolio of net-leased assets in Orange County, the longtime partners acquired the Beckman Coulter Campus, a five-building property in Brea.
FRP Outlines Development Strategy Following Industrial Asset Sale
The company sold 40 warehouse properties and three land parcels to Blackstone Real Estate Partners for more than $300 million in May and is now focusing on mixed-use and value-add deals.
OH Distribution Center Changes Hands for $40M
Broadstone Net Lease Inc. has acquired the roughly 211,000-square-foot facility, which recently underwent an expansion and is fully leased to a frozen, refrigerated and dry foods distributor.
Innergex Buys 250MW Texas Solar Project
Phoebe marks the company’s largest such project and has a 12-year power purchase agreement with Shell Energy North America, commencing in July 2019.
Goldstar Group Acquires Baltimore Industrial Facility
The property at 1821 Portal St. comprises 86,234 square feet and is 100 percent leased to Johns Hopkins Bayview Medical Center and Bacchus Imports.
Hill Properties Sells San Diego-Area Facilities
JLL’s Sach Kirpalani, Bob Prendergast and Lynn LaChapelle represented the seller, which bought the assets in a nine-building portfolio deal in 2017.
CBRE Brokers $11M CA Industrial Sale
A local investor acquired the 4.9-acre site that features a mix of industrial and office space. The brokerage company represented both the seller and buyer in the transaction.
Industrial Real Estate: Valuation Fever
What are the implications of recent industrial mergers and acquisitions, and should the market expect this activity to continue? Green Street Advisors Senior Analyst Eric Frankel offers his perspective.
Fortive to Acquire Gordian for $775M
The diversified industrial growth company will purchase the construction cost data, software and service provider from Warburg Pincus in an all-cash transaction.
W.P. Carey Buys Logistics Portfolio in Denmark for $188M
The firm’s first investment in the country expands its Nordic portfolio to nearly $1 billion in properties, including assets in Finland, Sweden and Norway.