Industrial
Westmount Grows Chicago-Area Industrial Portfolio by 2 MSF
Most of the 21 properties making up the portfolio are located near the Chicago O’Hare International Airport and the Illinois Port District.
Opus Breaks Ground on Spec Industrial Building
The 495,977-square-foot development will mark the company’s first development in the Greenwood area and is scheduled for completion in the second quarter of 2018.
JLL Closes Sale-Leaseback of Northwest Houston Industrial Asset
The new owner and lessor of the property, Industrial Property Trust, will lease the entire facility to the tenant that currently occupies it.
ASB JV Nabs Brooklyn Warehouse Complex
The two-building industrial asset is located in Brooklyn’s Sunset Park neighborhood and includes 21,000 square feet of surface parking.
PCCP, TriStar to Develop 600KSF Industrial Facility
The property is located in Edwardsville, Ill., within the 15.7 million-square-foot Gateway Commerce Center, which includes tenants such as P&G, Unilever and Amazon.
Bridge Development to Sell $700M Industrial Portfolio to Duke
The deal encompasses a 3.4 million-square-foot group of properties and two soon-to-be-developed land parcels in key infill markets across Southern California, Northern New Jersey and South Florida.
Layher Acquires Baltimore Facility
The transaction closed at $2.5 million. The company plans to relocate its northeast region office to the new property by the end of the year.
Becknell to Expand Cincinnati Presence With 177 KSF Spec Building
CBRE assisted the company with the purchase of a 14-acre industrial site in the city of Fairfield, Ohio. The warehouse is expected to be delivered during the first quarter of 2018.
HFF Facilitates the Sale of 126 KSF Raleigh Business Center
Stoltz Real Estate Fund VI purchased the property from a partnership between Somerset Properties and Alex Brown Realty for $17.8 million.
Phoenix Investors Expands MI Portfolio With 550 KSF Buy
The company purchased an industrial facility in Flint, Mich., for $3.2 million. The building is a former Delphi assembly plant that will undergo upgrades to house its new tenants.