Industrial
Ivanhoé Cambridge Buys Evergreen for $1B
The transaction, which concludes a two-year search for the right industrial real estate company, expands the Canadian firm’s portfolio by 16 million square feet in U.S. assets.
HSA Commercial Secures 55 KSF Lease at Gateway Business Park
The company secured 55,500 square feet lease of the total 151,220 square feet to Kuehne + Nagel. The leasing of Gateway Industrial IV marks HSA Commercial’s fifth and final development in conjunction with Washington Capital Management.
JLL Brokers Sale of 213 KSF Orlando Warehouse
Exeter Property Group purchased the 213,290-square-foot asset from Cambridge Hanover for $8.9 million. The building is located in Orlando Central Park, one of Florida’s largest industrial parks.
Rexford Industrial Takes 3, Sells 1
The $71.5 million buy in the Los-Angeles area and Inland Empire brings the company’s 2017 industrial acquisition volume to more than $282 million.
Ridge Breaks Ground on 686 KSF Industrial Site
Dubbed Charleston Logistics Center, the facility is slated for completion in the first quarter of 2018. Colliers will handle leasing for the two buildings.
US Industrial Availability Drops to Notable Low
Warehouses and distribution centers saw the rate decline to 7.8 percent in the second quarter, a low not seen in years, a new CBRE report unveils.
Netflix Expands in Hollywood
Hudson Pacific Properties facilitated the deal. To date, the two companies have teamed on more than 560,000 square feet of office space.
NKF Secures One of the Largest Industrial Sales in Pittsburgh
The sale of the Class A industrial property marks the fourth industrial building completed in the Clinton Commerce Park and the first sale to a third party.
Avison Young Brokers Sale of New Dallas Industrial Facility
The distribution center developed by Altera Development Co. is now owned by an affiliate of Lexington Realty Trust. O’Neal Industries Inc. signed a long-term lease on the property.
Downtown Miami Industrial Asset Sells for $37M
The 109,637-square-foot property serves as a last-mile warehouse and retail packaging center for FedEx. The company recently extended its long-term lease.