Industrial
Tyson Foods to Invest $300M in 5th TN Plant
The chicken production facility will be built in Humboldt. Roughly 1,500 new jobs are expected to be created once the project becomes operational in late 2019.
JV Grabs Suburban MD Flex/Office Assets
RREEF has sold the properties—part of the Oakland Ridge Center in Columbia, Md.—to a partnership between Feldman Bergin Development and Fortified Property Group.
Meritex to Develop Minneapolis Industrial Project
Meritex will demolish a 360,000-square-foot industrial property and plans to deliver two state-of-the-art distribution buildings next to its Highcrest Distribution Center.
LPC Buys Land for 900 KSF Phoenix Spec Project
The company plans to develop the first fully speculative industrial property in Phoenix which has 40-foot high clear ceilings. The property will be situated within a 350-acre master-planned project that will feature office, industrial and medical office space.
Blackstone to Lead Cloverleaf Recapitalization
Wells Fargo Securities served as financial advisor and Katten Muchin Rosenman LLP served as legal advisor for the cold storage warehousing and food logistics company during the transaction.
Dalfen Buys 2 ATL Industrial Assets
The industrial properties are proximate to multiple interstates, including The Perimeter. Dalfen acquired several other properties in recent months, bringing its industrial portfolio close to one million square feet.
East Bay Industrial Business Park Changes Hands
Alex. Brown Realty Inc. together with CIP Real Estate have acquired Eden Landing in Hayward, Calif. The joint venture plans to invest $2 million in capital improvements.
When Tenants Need Space
CPE and Kingsley Associates partnered this month to see what tenants thought about the layout in their CRE spaces.
Barcoding to Relocate Baltimore HQ
The company bought the former I.C. Isaacs & Co. garment factory earlier this year and is slated to move from Canton by the end of 2018.
TN Plastic Manufacturer Plans $42M Expansion
M&M Industries intends to expand its current Chattanooga plant and also acquire a new industrial building in the county. The investment is expected to create 110 new jobs.