Industrial
CRG Sells GA Industrial Asset for $57M
Griffin Capital picked up the recently completed 1 million-square-foot cross-dock facility, which was a build-to-suit project for Shaw Industries Group.
Pacific Industrial Acquires OC Industrial Facility
Voit Real Estate Services represented the buyer in the off-market purchase of the two-building, 157,204-square-foot property adjacent to John Wayne Airport in Costa Mesa.
SunCap Breaks Ground on AZ Industrial Asset
Twenty-one percent of the 134,358-square-foot Gilbert Spectrum Building One has been pre-leased to SDHQ Off Road. The property is scheduled for completion by the second quarter of 2019.
Rexford Industrial Buys, Sells $136M in SoCal Assets
The standout of the three separate transactions is the addition of the fully leased, 695,100-square-foot industrial facility at 5300 Sheila St. in Commerce, near downtown Los Angeles.
Executive Spotlight: Fred Boehler, Americold
CEO Fred Boehler spoke with CPE about the challenges facing the temperature-controlled warehouse industry, technology’s impact on real estate and the changing retail landscape.
Orange County Industrial Portfolio Sells for $23M
Cushman & Wakefield has brokered the sale of a two-property portfolio located in Fullerton, Calif. The facilities are within the 47-acre master-planned Northpoint Commerce Industrial Park.
Silverman Group Snags FL Industrial Property
Cushman & Wakefield’s Capital Markets team represented the seller, Denholtz Associates, in the disposition of Flamingo Commerce Center, a West Palm Beach-area industrial asset.
Canadian REIT to Buy Columbus-Area Industrial Portfolio
Granite Real Estate Investment Trust entered into an agreement to acquire four fully occupied, single-tenanted buildings in Central Ohio totaling roughly 3.8 million square feet.
Economy Watch: Industrial Market Stays Tight, Despite New Product
The U.S. industrial market ended the first quarter of 2018 with a 5 percent vacancy rate overall, even though a significant amount of new construction was delivered, according to a new Avison Young report.
NKF Negotiates WI Industrial Sale-Leaseback
Senior Managing Directors Sergio Chapa and Corey Chase assisted the buyer in purchasing a roughly 54,000-square-foot property in Caledonia. The asset is 100 percent occupied.