Industrial
Foreclosed Jacksonville Flex Property Sells
The two industrial buildings sold for more than triple the price it was acquired for, three years prior, after the seller leased up most of the vacant space.
ENGIE, GE Team Up for Brazil Wind Project
The deal marks the firms’ second collaboration in the Umburanas/Sento Sé region, where ENGIE is the largest private producer of power.
JV Sells $135M Stake in Long Island Industrial Portfolio
A Cammeby’s International-led partnership sold its 50 percent stake in a 38-building industrial portfolio located in Nassau and Suffolk counties.
Hines Inks 161 KSF Renewal at CA Industrial Asset
Acushnet Co., a parent company for golf industry brands, signed another 10-year lease at the industrial building in Carlsbad, Calif. CBRE represented the tenant in the lease renewal.
Nikola Motor Selects Arizona for $1B Plant
The city of Buckeye will become home to the company’s 1 million-square-foot, hydrogen-electric, semi-truck manufacturing headquarters facility.
Duke Realty Helms 1.4 MSF Industrial Construction
Floor & Decor continues its expansion with a Savannah distribution center. The complex will be located within the Morgan Business Center, a 250-acre industrial park.
Beyond Meat Plans New R&D Center
The 26,000-square-foot center, which will be constructed next to the company’s L.A. headquarters, is anticipated to enable further advancements in creating plant-based meat.
Nike Inks Wind Power Contract in Texas
Nike and Avangrid Renewables have signed a new power purchase agreement for 86 megawatts of wind energy from the Karakawa Wind Farm in west Texas.
BKM Capital Completes Two Industrial Buys for $175M
Following a “largest in market” acquisition strategy, the company purchased more than 1 million square feet of multi-tenant space in Las Vegas and the San Francisco Bay Area.
Terreno Realty Expands Footprint With $18M Buy
The company has invested in a 100,000-square-foot property located in Torrance, Calif. The building is fully leased to Aisin World Corp.