Industrial
IKEA Leases 1.7 MSF in TX, CA
The Swedish furniture retailer leased two distribution centers in Baytown, Texas, and American Canyon, Calif. Each project will create around 200 jobs.
Matan Buys 10-Acre NoVa Industrial Site
Dulles North Industrial Park will comprise of two warehouse buildings totaling 293,000 square feet. The site is currently the northern-most industrial project in the Dulles Corridor.
Columbus Engages Arcadis for Wastewater Plant Improvements
Arcadis will design a heat and power engine capable of burning biogas to produce electricity and heat for the plant, helping the city increase its sustainability.
Transwestern Nabs 2.5 MSF Industrial Portfolio
The company has acquired nine properties in St. Louis and Indianapolis, expanding its Midwestern portfolio to more than 10 million square feet.
Brennan Finalizes IL Industrial Acquisition
The property is located in McHenry, Ill., and comprises two buildings: a 220,000-square-foot warehouse and a 68,000-square-foot office segment.
JV to Open 708 KSF IN Warehouse
The build-to-suit facility is scheduled for completion in the first part of 2018. The asset is expandable to 1,046,528 square feet and is located in the AllPoints Midwest industrial park.
CBRE Global Investors Closes Asia Value-Added Fund
CBRE Asia Value IV and its co-investment vehicles are expected to have more than $2.5 billion in buying power. The investment team has acquired or committed $1.1 billion to five investments, primarily in logistics assets in Japan and China.
ACCIONA to Double Its Renewable Capacity in Latin America by 2020
ACCIONA currently owns 897 megawatts of wind and solar power capacity in the region, specifically in Chile, Mexico and Costa Rica.
Kidder Mathews Brokers 429 KSF Industrial Facility
Prologis Inc acquired the 29.2-acre site from Downey Industrial Center LLC. Kidder Mathews will continue to be the manager of the property.
CA Investor Enters San Antonio Industrial Market
St. Clair Commercial Real Estate purchased its first San Antonio industrial asset, a 171,145-square-foot manufacturing property with significant value-add opportunities.