Industrial
Dermody Snags Seattle-Area Industrial Complex
The firm acquired the three-building property as well as 18 acres on which an additional warehouse will be built. Meridian Campus Corporate Park’s location is considered ideal for expedient distribution to the Northwest’s major population centers.
On the Market: 5 Interesting Listings for October
This month’s listings include a charming 1928-built dinner theater in Connecticut and a stately U.S. Bank building in one of Illinois’ wealthiest towns.
Economy Watch: Industrial Assets Attract Offshore Investment
The asset type has attracted nearly $61 billion in cross-border investment into the U.S., according to a recent CBRE report.
Amazon’s Quest for HQ2 Broadens
Will it be Chicago? Irvine? Canada? According to a 2017 study by Development Counsellors International, survey respondents choosing the three most favorable U.S. business environments placed Texas first with 42 percent.
Industrial Investment to Stay Strong in 2018: RCM/SIOR Report
Based on a September survey of RCM principals and SIOR members, the report concluded that strong fundamentals, including robust leasing and rising rents, should keep the industrial investment sector on the healthy run it has had since 2011.
Port 10 Logistics Center to Break Ground in Baytown, TX
Pontikes Development will break ground on a 3 million-square-foot speculative warehouse and distribution park near Port Houston. The project will be built in phases, with the first one slated for delivery in the third quarter of 2018.
SoCal and What’s Next for Industrial Real Estate
Why Southern California offers lessons about the challenges and opportunities of meeting the nationwide demand for distribution space.
Terreno Arranges 100 KSF San Leandro Lease
The company facilitated a 120-month lease of two industrial assets spread over more than eight acres, to a third-party logistics provider and an equipment rental company.
Raytheon Opens 3rd ABQ Facility
The new 72,000-square-foot building will support key missions for the U.S. military and coalition partners. The expansion is slated to bring 60 high-tech manufacturing jobs to New Mexico.
Swig Co. Sells SF Office-Industrial Asset
In recent years, the 50,000-square-foot building underwent interior renovations, including aesthetic upgrades and efficiency improvements.