Industrial
McLane Global Renews, Expands Houston Logistics Lease
The tenant will occupy an entire building within Interstate Commerce Center, a master-planned office and logistics park with direct frontage along Interstate 45.
Scannell Properties Snaps Up NC Warehouse
The Dilweg Cos. sold Regional Commerce Center, a 46-building property at 706 Ellis Road in Durham for $6.7 million. The 1.2 million-square-foot complex was 34 percent leased at the time of the sale.
SD Project Lands $33M Construction Financing
The industrial development, a cold storage facility containing more than 200,000 square feet, may be expanded to a total of 800,000 square feet in the future.
North Sea Wind Farm Offers New Model
The North Sea Wind Power Hub, a man-made island in the North Sea, could be a breakthrough for renewable power. The planned distribution hub will send electricity via long-distance cables to six European countries.
JV Purchases 4th Baltimore-Area Asset for $7M
The fully occupied flex/industrial building is located in Howard County, within 20 and 25 miles of central Baltimore and D.C., respectively.
PCCP, Panattoni Form JV for Seattle Warehouse Construction
Glacier Peak will be built on a 10-acre site on Riverside Road, in a business park located near an Interstate 15 interchange and Boeing’s primary assembly plant.
DFW Industrial Park Lands $40M Equity
HFF secured the money for Copeland Commercial’s first phase of the 2.8 million-square-foot DFW Commerce Center. Phase one will include a cross dock distribution and warehouse building with state-of-the-art facilities.
Provident Bank Secures Refi for NJ Business Park
Denholtz Associates plans to replace the parking areas and roofs, as well as repair the façades of the 11 buildings it owns within the 16-asset Bridgewater Business Park.
Magellan Completes $375M Investment Strategy
The company sold two Commerce, Calif. industrial properties for a total of $77.6 million, finishing off its three-year investment, development and disposition value-add plan.
Brennan, Arch Street Team Up for Sale-Leaseback Deal
Located in four East Coast states, the properties total 2.3 million square feet. The BlueLinx portfolio boosts the JV’s single-tenant net-leased industrial holdings to more than $1 billion.