Industrial
Plymouth Industrial Sheds $100M on Chicago-Area Assets
The 15-property portfolio comprises a total of three million square feet of Class B warehouse space. The seller is BIGS Holdings, a subsidiary of Goldman Sachs.
Partnership Buys Two Orlando Industrial Portfolios
Brennan Investment Group sold the two assets for $17 million. The new owners plan to reposition the properties to increase occupancies and revenue growth.
Essendant Signs 405 KSF Lease in the Central Valley
The build-to-suit industrial lease expands the company’s local and regional fulfilment capabilities. The facility is expected to be operational by the second quarter of 2018.
Duke Adds Tenant to Miami Industrial Logistics Center
The Cushman & Wakefield team of Executive Director Wayne Ramoski and Director Gian Rodriguez worked on behalf of the landlord in the lease negotiations.
DEA’s El Paso Intelligence Center Turns to Solar
The site will benefit from reduced electricity costs, long-term electric pricing stability and reduced carbon emissions of more than 3,400 metric tonnes annually.
Westcore Properties Nabs Industrial Portfolio in San Bernardino, CA
The two fully leased properties in the booming Inland Empire industrial market add to the company’s growing industrial footprint in the region.
JV Sells DFW Industrial Facility
JLL represented the sellers, a joint venture between Ridgeline Property Group and Stockbridge Capital Group, and the buyer, Morgan Stanley. Eagle Park 20/35 is a recently constructed Class A distribution facility, centrally located 15 minutes from downtown Dallas.
Reno Distribution Center Changes Hands
JLL’s Capital Markets represented California State Teachers’ Retirement System and Panattoni Development Co. in the sale of a 423,001-square-foot Class A industrial property to LBA Realty.
McGrath to Build St. Louis Warehouse for US Paint
The $5 million project will be conducted in two phases and will replace the existing manufacturing facility. The property will comprise a new office space, maintenance shop, quality control lab and more.
CBRE Names SVPs in Cincinnati
CBRE’s industrial team has been instrumental in transactions encompassing approximately 60 million square feet and valued at over $1 billion.