Industrial
CBRE Arranges Sale of 1 MSF Industrial Asset
The firm worked on behalf of the seller, Ryan Cos. to arrange the $50.3 million disposal of a build-to-suit industrial facility located approximately 80 miles east of Minneapolis.
CT Kicks Off $125M Industrial Project in Chicago
The development, Interchange 55 Logistics Park, will occupy a recently purchased 112-acre parcel, and upon completion, will add 1.3 million square feet of industrial space to the local market.
JV to Build 340 KSF Warehouse in Charleston
North Signal Capital and Westport Capital Partners have broken ground on a 340,000-square-foot build-to-suit facility for Science Applications International Corp. Bank of America provided financing for the project, which is situated within North Pointe Commerce Park.
NAI Closes North Jersey Industrial Lease
The tenant, a newly formed industrial tire supply company, will occupy nearly half of the building, which totals more than 65,000 square feet.
Woodmont Buys 519 KSF Atlanta-Area Asset
The storage and distribution facility, which last traded in 2014, underwent cosmetic renovations and was almost 50 percent leased at the time of sale.
Green Street Snags SunPower PV Projects in NYC
First up will be a 918-kilowatt rooftop system in Queens, scheduled for an April 1 construction start and completion by late spring.
Rocky Mountain Power to Invest $1.5B in Wind
The electric company will expand its current wind generating capacity by about 60 percent, as part of its Energy Vision 2020 initiative.
BKM Capital Partners Buys San Diego Industrial Property
Situated in the Miramar submarket, Activity Business Center is a 160,943-square-foot industrial property. Cushman & Wakefield represented the seller, Lincoln Property Co.
Cohen Asset Management Buys $35M Phoenix Property
Living Spaces sold the 437,234-square-foot showroom and distribution center located on Interstate 10 in a deal facilitated by JLL Capital Markets.
Dalfen America Lands 272 KSF Industrial Asset in Durham, NC
The partnership between Trinity Capital Advisors and SilverCap Partners sold the fully occupied property for $16.8 million. HFF represented the seller in the transaction.