Industrial
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.
Duke Realty Adds New Tenant to GA Facility
Cushman & Wakefield represented the tenant, a logistics service provider, in the nearly 150,000-square-foot industrial lease transaction outside of Savannah.
T2 Capital to Invest $10M in PA Distribution Facility
The company acquired the currently vacant facility with plans to fully upgrade and rebrand it as Canonsburg Distribution Center. The improvement program is slated for completion in September.
Orlando-Area Industrial Development Lands New Tenant
The Park @ 429, situated in the metro’s Ocoee/Winter Green submarket, is now 96 percent leased following the nearly 90,000-square-foot deal.
Chicago’s Industrial Corridor Renaissance
The North Branch Industrial Corridor is part of local authorities’ Industrial Corridor Modernization Initiative, a multi-year effort to review the city’s designated industrial areas. Baker Development Corp. Principal Dan Slack spoke to CPE about how the rezoning impacts development along the Chicago River.
CBRE Brokers First Chicago-Area Lease for iHerb
The 257,344-square-foot distribution center is located in Elgin, Ill., and adds to the other facilities that the retailer occupies in California, Kentucky and Pennsylvania.