Industrial
Panattoni Sells Las Vegas-Area Industrial Asset
MBS Standoffs purchased one of the six buildings in the Henderson Freeways Crossing property, through a 1031 exchange. The 19,280-square-foot Building C traded for $2.5 million.
Stable Industrial Investments Spur Sale-Leaseback Deals
A Marcus & Millichap report found that the new federal tax laws that favor leasing over owning also contribute to a growing number of industrial sale-leaseback transactions.
Apex International Expands Footprint with New Lease
DAUM Commercial arranged the lease transaction of a newly upgraded industrial facility in Rancho Dominguez, Calif. The tenant is relocating from a nearby 34,500-square-foot facility.
CRG Taps Into Portland Industrial Market
The company will develop a 350,000-square-foot speculative industrial and logistics facility in Troutdale Reynolds Industrial Park, scheduled for completion next summer.
Murphy Development Kicks Off San Diego Spec Project
The nearly 80,000-square-foot Class A industrial building will be part of the 116-acre Siempre Viva Business Park in Otay Mesa.
Duke Realty Closes 354 KSF Lease at NJ Asset
The firm signed eCommerce fulfillment and logistics solutions company 4PX Express to fully occupy ePort 1000, one of three new buildings in ePort Logistics Center.
MGM Resorts Bets on 100MW Solar Array
Located 25 miles north of Las Vegas in the Dry Lake Solar Energy Zone, the solar project will provide as much as 90 percent of daytime power to MGM Resorts’ properties on the Strip.
Xcel Advances $1.6B Wind Plan for Texas, NM
Xcel Energy will own and operate two more wind farms in Texas and New Mexico, which combined will have 1,230 megawatts of capacity. The facilities are anticipated to save customers in the region $2.8 billion over a 30-year period.
Meritex Grabs Charlotte Industrial Asset
The new owner plans to begin a capital improvement program to reposition the vacant building in the city’s Airport/West submarket.
Terreno Expands WA Portfolio With $6M Industrial Buy
The property is located a 20-minute drive south of downtown Seattle. The asset comprises a distribution facility and 42 parking spaces.