Industrial
Plymouth Industrial REIT Expands Chicago Footprint
The acquisition of a fully leased industrial property brings the company’s holdings to 22 buildings in the greater Chicago area.
Amazon Coming to South Florida
Amazon’s new fulfillment center in Opa-Locka, Fla., is expected to boost the city’s job market, as well as benefit neighboring developments. CPF Investment Group’s Ernie Cambo spoke to CPE about the impact Amazon’s presence will have on the local real estate market.
Plymouth REIT Nabs $11M Portfolio in ATL
The acquisition marks a stronger foothold for the REIT in the Atlanta metro. The single-tenant properties have a combined weighted average lease term of more than four years.
SUS America Expands Chicago Operations
The machinery developer and producer leased a 22,500-square-foot space within the Regent O’Hare business park, marking NAI Hiffman’s 10th deal at the property.
Penn Compression Expands Raleigh-Area Footprint
The manufacturer intends to invest $3 million in expanding the company’s Smithfield, N.C., operations by 30,000 square feet of space.
Devli Group Continues Acquisition Binge in NJ
The Hampshire Cos. sold the two-building flex industrial property located in Warren, N.J., in a sale brokered by Cushman & Wakefield.
Freedom Solar Signs Inland Empire Lease
Following the completion of extensive tenant improvement work, the company will move into its new space in March this year.
AEW, MRP Land $26M Bronx Industrial Complex
The facilities, which total 120,000 square feet of warehouse and distribution space, also benefit from a strategic location in the Hunts Point neighborhood.
Tri-County Business Park Fetches $40M in Tampa Bay
Cushman & Wakefield brokered the sale of the 675,735-square-foot facility on behalf of True North Management Group, at which time the asset was 75 percent leased.
Terreno Sells $11.5M Industrial Asset in Baltimore Area
The Jessup property previously changed hands in March 2011, when the California-based company shelled out $5.8 million, less than the $6.9 million it traded for in 2005.