Industrial
Volvo Expands SC Plant Development by $520M
The car company’s additional investment in the 2.3 million-square-foot factory, currently under construction, will bring a new product line and an office building to suburban Charleston.
International Trade Commission Puts Solar Growth in Trump’s Hands
A federal trade panel declared recently that surging imports of solar panels have hurt U.S. manufacturers. The ruling sets the opportunity for President Trump to issue tariffs.
Mass Equities Receives $30M Loan for Industrial Buy
Mass Equities, leader of a Santa Monica-based joint venture, received a $30 million loan to purchase a 157,210-square-foot industrial property in Denver. The joint venture plans to turn the space into a mixed-use property.
Seagis Buys Warehouse Complex in Miami
With its latest acquisition, the company’s holdings include 10 million square feet of industrial buildings in South Florida, New Jersey and New York City.
JLL Facilitates Sale of Rail-Served Property in Houston
JLL represented the buyer, a Houston-based supplier of multiple types of plastic resins. The property will serve as the supplier’s company’s global manufacturing and distribution center.
Calare Properties Lets Go of MA Asset
The warehouse, which Calare bought in 2015, is located in Watertown, Mass., and changed hands for $15 million. It is 100 percent leased.
Monmouth Lands 300 KSF OH Industrial Building
The company purchased the new asset for $18.3 million. Located in Kenton, the property is leased to New York-based International Paper Co.
Amazon to Add 4th Facility in Ohio
Developed by IDI Gazeley, the upcoming 1 million-square-foot fulfillment center is set to bring 1,000 full-time jobs to Monroe.
Hillwood to Deliver 1.7 MSF Kentucky Industrial Project
Hillwood and Al. Neyer plan to develop two speculative buildings, totaling more than 1.7 million square feet, in Erlanger, Ky. The construction of Building 1 will start in 2018.
Enerkem Begins Commercial Production of Cellulosic Ethanol
The company’s facility in Canada is the first commercial-scale plant in the world to produce cellulosic ethanol made from non-recyclable, non-compostable mixed municipal solid waste.