Industrial
Industrial Dominates Net-Lease Sales
Despite a dip since the fourth quarter of 2017, the industrial sector led single-tenant sales volume for the third time in a row during the first quarter, reaching $5.5 billion.
Core5 Inks 417 KSF Lease at TX Logistics Center
Online retailer VMInnovations will occupy more than half the space at Core5 Logistics Center at Wintergreen starting in August of this year.
Cushman & Wakefield Research Head Offers Forecast for 2020
What’s in store for commercial real estate—slowdown, recession or neither? Revathi Greenwood presents the outlook at NAREE’s national conference in Las Vegas.
Phoenix Investors Acquires PA Mixed-Use Asset
The 402,000-square-foot property in Athens is the former Ingersoll Rand manufacturing plant. The facility will undergo extensive renovations to become a Class A modernized property.
Bridge Development Breaks Ground on Chicago Spec Project
The development will include three buildings totaling almost 680,000 square feet of industrial space, with an estimated delivery date set for the fourth quarter of 2018.
Real Capital Solutions Buys 1.7 MSF FL Asset
IP Capital Partners sold the property—the largest commercial building in Jacksonville—for roughly $48 million. Cushman & Wakefield represented the seller in the transaction.
Red Rock’s 3 MSF Atlanta-Area Industrial Project Underway
Shugart Farms Phase II, to be completed in stages, will offer a 982,800-square-foot speculative building in Palmetto, Ga., by the end of the year.
South Florida Industrial Facility Sells for $30M
The fully leased, cross-dock warehouse serves as the corporate headquarters for Vital Pharmaceuticals and Mondelez International’s South Florida distribution hub.
Flexport Leases LA-Area Facility
Cushman & Wakefield arranged the transaction on behalf of the tenant for a newly developed industrial facility located in Compton, Calif.
Exeter Picks Up Atlanta-Area Warehouse
The previous owner, Suzuki Motor Corp., traded the industrial asset for $9 million. The building last changed hands in 1998.