Industrial
Brennan, Arch Street Grab $100M Industrial Portfolio
In their sixth joint venture, the partners purchased a group of assets totaling 2.5 million square feet spanning eight states. Locations include Chicago, Milwaukee, Minneapolis and more.
JLL Closes $24M Phoenix Industrial Deal
The company represented The Hewson Co. in the sale of a 266,607-square-foot industrial portfolio. The properties are located in Scottsdale and Tempe, Ariz.
Colliers Secures 181 KSF NJ Industrial Lease
ASA Apple Inc. will occupy a significant amount of Prologis’ 385,140-square-foot building, located 3 miles from the New Jersey Turnpike.
Dermody Completes Phase 1 of Dallas Distribution Center
Phase One of LogistiCenter at Dallas comprises a 626,439-square-foot distribution center that is expandable to 1.1 million square feet.
Ackerman & Co. Acquires Atlanta Business Park
CBRE represented Onward Investors in selling its four-building industrial campus for $12.7 million. The 12-acre Lavista Business Park is currently 87 percent leased.
Amazon to Open First Fulfillment Center in NY
The facility, developed by Matrix Development Group, is set to bring 2,250 full-time job opportunities for employees to engage with advanced robotics.
WPT Industrial Expands to PA
The REIT is in the process of acquiring a 936,000-square-foot Class A property in the Lehigh Valley, the distribution corridor to New York, Philadelphia and D.C.
National Resources Snags Former IBM Campus
The company purchased the land from GlobalFoundries, which will continue to own 160 of the 300 acres the property sits on, while leasing building space from NRE.
LR Health & Beauty Selects Germany for Production Plant
The company is adding a cutting-edge manufacturing facility to its home base in Ahlen to accommodate the development of aloe vera products.
Enel Begins Construction on Peru’s Largest Wind Farm
The construction of the 132-megawatt wind facility, which will mark the company’s first wind project in the region, will set a subsidiary of The Enel Group back approximately $165 million.