Industrial
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.
Supervalu Announces Strategic Shift
The company has completed the sale and leaseback of seven of its distribution centers as part of a plan to transition away from the responsibilities of running traditional retail grocery stores.
Simone Development Snags CT Warehouse/Office Asset
The 118,500-square-foot property at 316 Courtland Ave. currently has 65,638 square feet of warehouse and R&D, as well as 12,768 square feet of office space available for lease.
Terreno Picks Up Newark Industrial Asset for $6M
The company completed the transaction with the help of $55 million in acquisition financing, secured by a nine-property portfolio located mostly in the Jersey cities of Newark and Kearny.
Is It Time for a Change?
Does your property need an update? Or have you recently completed some construction? This month, Commercial Property Executive and Kingsley Associates partnered to find out what tenants think of renovations.
Phoenix Investors Grabs $14M Industrial Portfolio
The two former Quad Graphics properties, located in rural Tennessee and Illinois, total more than 1.1 million square feet. The new owner plans to renovate both assets.