Industrial
Monmouth Lands 220 KSF Akron-Area Facility
The REIT acquired an industrial building in Stow, Ohio, for $19.5 million. The property is net-leased to a prominent racing tire maker.
Majestic Realty Buys 228-Acre Wisconsin Development Site
With the assistance of Transwestern, Rime Investments sold the property, located halfway between Chicago and Milwaukee. The land can accommodate as much as 2 million square feet of industrial development.
New Amazon Fulfillment Center Coming to Ohio
The e-commerce giant is building a 650,000-square-foot project in Euclid, expanding its presence in the state to five facilities, while adding another 1,000 full-time jobs.
Colliers Brokers Two Indianapolis Industrial Deals
The two assets amass approximately 500,000 square feet of warehouse space and are leased by tenants such as Kroger, Mansfield King, Peltz Shoes and MaxLite.
Inland Empire Logistics Center Changes Hands
CP Logistics Fontana, represented by a team of brokers from Cushman & Wakefield, sold the new facility to an affiliate of Zurich North America.
MLG Snags $23M Tampa Industrial Portfolio
Comprising 334,279 square feet of space, the asset is located within Breckenridge Park, a 51-acre business park which houses tenants such as Swagelok, Rosetta Technologies and Audio Fidelity Holdings.
düber Secures $50M Funding for 15 Cannabis Distribution Centers
The company signed an agreement with Vacone Real Estate to acquire, fit out and master lease the properties, which total 400,000 square feet.
LA Basin Land Site Sells With an Existing Lease
Harrison Nichols Co. sold the 8.9-acre land in Irwindale, Calif. The buyer benefits from an existing lease with UPS.
CapRock Buys Phoenix Facility for $8M
The company acquired an industrial property in an off-market transaction, with plans to transition the asset to Class A standards.
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.