Industrial
NKF Facilitates 2 Chicago-Area Leases for K2 Express
One of the long-term agreements represents a renewal and expansion lease at a multi-tenant, Prologis-owned building in Franklin Park, Ill. The other deal concerns an adjacent four-acre land parcel.
La-Z-Boy Signs 221 KSF Full-Building Lease in MD
The building is located within the 3.2 million-square-foot Collington Trade Center in Upper Marlboro. The manufacturing company is planning to transfer its distribution and logistics operation into the facility by fall 2018.
Jerich USA Doubles LA Industrial Footprint
Cushman & Wakefield represented the company in extending its current warehouse lease and expanding into an adjacent 107,525-square-foot building.
Sitex Group’s 271 KSF Facility in NJ Finds Tenant
The newly completed facility is close to major thoroughfares, most notably Route 17 and interstates 87 and 287. NAI James E. Hanson arranged the long-term lease with a tools manufacturer.
Dermody Breaks Ground on Seattle-Area Industrial Park
Designed by Craft Architects, LogistiCenter at Woodinville will comprise two buildings totaling 409,500 square feet. Kidder Mathews is marketing the property on behalf of the developer.
A Closer Look at Orlando’s Dynamic Industrial Market
Wilson McDowell, director & principal at Cite Partners, talked about trends and challenges impacting the sector, including 3D manufacturing and autonomous trucks or the lack of well-located industrially zoned land.
Hartz Mountain Nabs Recently Built SC Industrial Asset
CBRE Capital Markets brokered the sale of Lakemont East, a Class A property that is part of the 864-acre Lakemont Industrial Park in Fort Mill, S.C.
SunPower to Buy U.S. Competitor SolarWorld
The firm hopes the acquisition will not only increase it.s U.S. manufacturing business, but also increase the likelihood that its products will be excluded from the Trump administration’s new solar tariffs.
Alliant Energy to Invest $1.8B for Wind Energy in Iowa
The energy company has received approval to expand its wind energy capacity in the state by 1,000 megawats by 2020, enough to power 430,000 Iowa homes.
Cushman & Wakefield to Market SC Industrial Development
McDonald Development plans to build the two rear-load properties, totaling more than 450,000 square feet, next to the Greenville-Spartanville Airport.