Industrial
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.
Calare Grabs CT Industrial Property
The 175,000-square-foot warehouse was renovated in 2002 and is located roughly halfway between New York City and Providence, offering immediate access to the Interstate 91 corridor.
HFF Closes Financing for 7-Building Denver Industrial Park
The company placed a $11.2 million acquisition loan on behalf of the borrower, The Bendetti Co. The property is situated 23 miles from Denver International Airport.
CenterPoint Increases Bay Area Footprint
The company’s latest acquisition, a nearly 200,000-square-foot rail-served industrial property, sits near the entrance to the San Mateo-Hayward Bridge, enabling convenient access throughout the Bay Area.