Industrial
First Phase of Bakersfield Commons to Start in 2018
World Oil Corp., which owns the site, chose Trammell Crow Co. to be the master-developer of the project that will feature residential, retail, industrial and office space along with a luxury theater and hotel.
NJ Industrial Buy is Devli Group’s Latest
The complex includes approximately eight acres of excess developable land, offering the possibility to significantly increase the value of the asset.
Jefferson Mill Business Park to Expand With Phase II
After securing Amazon as the anchor tenant of Phase I, the partnership between Trammell Crow and Clarion Partners is going forward with the spec development project.
Grupo IGS Snags 3 MSF Mexico Industrial Portfolio
The company purchased the 27-property portfolio from Hines, which assumed management of it two years prior. Along with its listing brokers, Hines brought the portfolio from 73 to 90 percent leased.
SunCap Sells $19M SC Industrial Facility
HFF represented the seller in its disposition of Magna Distribution Center, a 229,950-square-foot, Class A warehouse and distribution facility, situated within the 882-acre master-planned Tyger River Industrial Park North in Moore, S.C.
Hampshire Sells 117 KSF CT Industrial Portfolio
CBRE represented the company in the disposition. The four buildings, located in Danbury and Berlin, are fully occupied.
Dominion to Power Facebook’s $1B VA Data Center With Solar
The company will expand its photovoltaic portfolio to meet the needs of Facebook’s recently announced 1 million-square-foot Virginia facility.
Clarion Partners Lands $105M for LA Industrial Facility
HFF arranged a floating-rate loan with a foreign bank for The Brickyard, a two-building, one million-square-foot property located in Compton, Calif.
Topson Downs Leases 443 KSF Inland Empire Warehouse
DAUM Commercial Real Estate Services represented the tenant in the transaction. The 10-year lease was completed for a total consideration of $30 million.
TA Realty Snaps Up Ft. Lauderdale-Area Facility
The business park is close to major Florida thoroughfares and is 100 percent leased to a mix of notable tenants.