Industrial
Mt. Taylor Manufacturing to Invest $1M in South Valley Expansion
The New Mexico company will receive $100,000 in funds from the Economic Development Department.
Xcel Energy Receives Approval for 1,550MW Wind Energy Plan
The seven new wind farms constitute the company’s largest wind expansion in upper Midwest, which will increase its regional wind output by roughly 70 percent.
RAF Kicks Off $110M in Spec Industrial Projects
The buildings will include creative features such as outdoor amenity areas, extensive glass for natural lighting and an overall higher percentage of office space compared to traditional industrial facilities. Delivery is expected in 2018.
Indianapolis Industrial Portfolio Changes Hands
The two multi-tenant, fully leased assets totaling 480,000 square feet traded with help from Avison Young’s National Industrial Capital Markets Group.
JLL Arranges NW Houston Industrial Lease Renewal
LSI Industries Inc. extended its lease at Prologis Park–West by Northwest, in a transaction represented by JLL’s Executive Vice President Jeff Venghaus.
Terreno Expands Seattle Portfolio
The company purchased a 13,000-square-foot industrial building, near Seattle’s Port and SoDo district, for a total acquisition cost of $4 million.
Abandoned Power Plant Turns Into Solar Farm
The abandoned Phipps Bend Nuclear Power Plant is now producing CO2-free electricity thanks to a newly built 1-megawatt solar farm.
JLL Strengthens OC Industrial Expertise
Wade Tift, Nick Carey and Byron Foss have joined the firm from Newmark Knight Frank as executive vice presidents, focused on tenant and landlord representation.
Terreno Nabs $15M Santa Fe Springs Industrial Property
The company has remained active in the Greater Los Angeles area, following the acquisition of a Gardena industrial asset and the sale of a development project in Whittier.
Dermody Snags Silicon Valley Class A Industrial Asset
JLL is spearheading leasing efforts for the fully vacant 111,043-square-foot building developed by Panattoni in 2016. This is one of the few Class A industrial developments in the area.