Industrial
Inland Empire Warehouse Sells for $16M
Cushman & Wakefield has arranged the sale on behalf of the owner, Newcastle Partners. The asset, completed in 2017, offers easy access to Interstate 215.
Duke Realty Builds 635 KSF Warehouse in Dallas
The REIT is developing a 635,000-square-foot bulk distribution facility in Flower Mound, Texas, most of which will be occupied by PPG Industries.
Memphis Industrial Portfolio Commands $50M
A partnership between Diamond Properties and funds managed by Ares Management LP acquired 43 buildings in the deal, thanks to $32.5 million in financing arranged by HFF.
Miami Logistics Park Bolsters Occupancy
Neutralogistics has expanded its presence at Airport North Logistic Park by roughly 69,000 square feet. L&B Realty Advisors’ industrial complex is now 75 percent leased.
Constellation, GE Power Home Depot in DC
The 554-kilowatt project is the capital’s largest solar rooftop array and will supply an estimated 35 to 40 percent of the store’s annual energy needs.
JLL Secures 281 KSF South FL Industrial Lease
Windward Design Group is planning to centralize its seven locations into one main manufacturing and distribution headquarters in Sarasota later this summer.
Transwestern Arranges 50 KSF Industrial Lease in Miami
AAR Aircraft, a provider of aviation services to commercial and government customers, will be relocating its headquarters to Miami International Commerce Center.
C&W Tapped to Lease PA Industrial Facility
Advance Realty and The Davis Cos. own the 675,000-square-foot property at 2750 Morris Road in Lansdale, which recently underwent a $5 million repositioning.
Rexford Industrial Buys $18M SoCal Industrial Facilities
The company purchased two assets totaling 93,898 square feet, located in Simi Valley and Tustin, Calif. The properties traded in off-market transactions.
Hub International Presents New Risk Purchasing Program
The program will provide broad umbrella coverage with no shared limits for offices, industrial, retail and mixed-use spaces.