Industrial
Trammell to Develop 329 KSF Facility in Phoenix
The joint venture will donate 1.5 acres of land to Veterans of Foreign Wars, a nonprofit organization, which will build a new headquarters along Van Buren Street.
Rexford Industrial Increases SoCal Footprint
The four fully-leased properties, spread across the Inland Empire, Orange County and metro Los Angeles, total more than 400,000 square feet.
JLL Closes San Diego-Area Industrial Portfolio Sale
Hill Properties bought the buildings as part of a nine-building portfolio transaction. Carroll Canyon Road was the buyer.
Avison Young Brokers 638 KSF Chicago Industrial Deal
The three assets making up the portfolio are located in Arlington Heights and Bridgeview, Ill., and were sold by a Chicago-based institutional pension fund advisor.
Scannell Properties Nabs 18-Acre Parcel in North Charlotte
HFF facilitated the $1.5 million sale. Scannell plans to build a 150,000-square-foot industrial flex building on the site, which is located in a 2.6 million-square-foot, master-planned community.
AEW Sells Salt Lake City Industrial Asset for $37M
NKF Capital Markets brokered the off-market sale of the 426,866-square-foot facility, which is fully occupied by Metro Logics, a third-party medical logistics firm.
Pure Industrial Acquires Atlanta Warehouse
The Canadian REIT purchased Phase II of King Mill Distribution Park, a 760,256-square-foot property in McDonough, Ga., from a joint venture between Trammell Crow Co. and Allstate.
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.