Industrial
NAI Partners Arranges Sale of 57 KSF Houston Industrial Asset
Located at 12550 N. Houston Rosslyn Road in the city’s Burlington North Industrial District, the Class-E engineering property features four 20-ton cranes and three overhead doors.
Blackstone to Buy Gramercy Property Trust for $7.6B
The transaction will add more than 80 million square feet of high-quality industrial properties to the private equity giant’s holdings.
Industrial to Remain the ‘Asset Du Jour’
Demand among investors and developers for industrial product shows no signs of slowing down, Avison Young Senior Vice President Eric Swanson notes in an interview with CPE at the 2018 ULI Spring Meeting.
American Realty Advisors Snags CA Industrial Property
A joint venture between Batcheller Equities and Panattoni Development Co. sold the 143,930-square-foot facility in Anaheim, which is currently 100 percent occupied by Rosendin Electric.
NAI Partners Arranges 64 KSF Houston Industrial Sale
The 9,000-square-foot 14790 Park Almeda is part of the South Belt Industrial Park, while 14333 Sommermeyer is part of the Sommermeyer Neighborhood Depository/Recycling Center.
Koontz Corp. to Bring 327 KSF Distribution Center to San Antonio
Foster Ridge Distribution Center will be part of the Northeast San Antonio industrial market and has a planned completion in the first quarter of 2019.
Gramercy Sells SC Industrial Facility
Newton Way Industrial Center in Summerville comprises 451,370 square feet and was purchased by a user for occupancy. HFF facilitated the sale on behalf of the seller.
NJ Industrial Facility Lands $37M Loan
HFF arranged the 15-year, fixed-rate loan with Allianz Real Estate of America, working on behalf of Bhasin Properties. The asset is situated in Secaucus and comprises 240,317 square feet.
Recently Completed East Dallas Warehouse Lands Tenant
A Franklin, Mass.-based company specialized in warehousing, transportation, distribution and fulfillment solutions leased more than 100,000 square feet in Garland, Texas.
Penwood Grabs 508 KSF Warehouse in PA
The fully leased property is situated along the Interstate 81 industrial corridor in Mechanicsburg, Pa., and previously traded as part of a $3.2 billion portfolio.