Industrial
German Auto Supplier to Enter SC
bo parts GmbH intends to build a 60,000-square-foot production facility in Greer. The $4.1 million investment is projected to create 100 new jobs by 2022.
LG Electronics Breaks Ground on 1MSF TN Factory
The highly automated facility will produce front- and top-load washing machines, turning out a new appliance every 10 seconds, while the change between models will be performed in less than four minutes.
Boat Manufacturer Expands Dorchester County Operations
Sportsman intends to invest $3.5 million in a 70,000-square-foot addition to its existing facility. The company expects to create 100 new jobs.
110 KSF Industrial Asset Trades in Phoenix
SPIRE Real Estate Portfolios, through Nicola Crosby Real Estate, purchased Cabot Business Center in Phoenix. The buyer retained Kidder Mathews as property manager of the industrial/flex asset.
Binswanger Arranges Sale of 158 KSF Industrial Property
The Town of Double Springs, Ala., purchased the 19-acre site in order to assist with industrial recruitment and job creation for the area.
CBRE Expands East Bay Industrial Group
Kevin Hatcher joins as senior vice president of industrial and logistics in Oakland, Calif. He has more than 500 lease and sale transactions in excess of $3 billion under his belt.
HFF Secures $10M Financing for NC Industrial Portfolio
Arrowridge Business Park consists of four rear-load buildings totaling 194,560 square feet of space. The portfolio is currently 98 percent leased to a mix of 26 tenants.
doTerra Expands Corporate Campus in Utah
The essential oils company continues its growth in Pleasant Grove with a new office building, a medical clinic and an expanded manufacturing facility. Plans also call for the creation of 950 jobs over the next three years.
JLL Brokers Sale of 45-Acre Orlando Site
Exeter Property Group purchased the land for $8.4 million, with plans to begin speculative construction of a large distribution center in Orlando’s Airport submarket.
Gramercy to Launch E-Commerce JV, Make Large Logistics Buy
With this deal, the company’s 2017 investment volume will hit $998 million. It currently has an additional $386 million of acquisitions awarded or under contract.