Industrial
Digital Realty Trust Wraps Up $725M Data Center Purchase from Rockwood Capital
Known as the Rockwood Capital/365 Main Portfolio, the group of five data center assets consists of buildings developed within the last 10 years and managed by data center developer and operator 365 Main Inc.
KBS Scores 400,100-SF Dallas Cowboys Distribution Center
Carrying the address of 2500 Regent Blvd., the Dallas Cowboys Distribution Center occupies a 22-acre parcel within the 500-acre Dallas Fort Worth International Commerce Park, a master-planned business park development endeavor spearheaded by Dallas-Fort Worth International Airport.
Essex Awarded Contract for 300,000 SF Southern California Portfolio
Irvine, Calif.-based Essex Realty management has been tapped to manage the Zuma Business Center portfolio, which consists of three multi-tenant industrial and office business parks in Anaheim and Buena Park, Calif.
Infill Industrial Properties to Prove More Valuable, Successful than Greenfield Counterparts
It’s a reversal of a trend. In the 1990s, lower fuel costs and greater land availability lured industrial center occupants and developers to greenfield sites. But the tide has turned.
AMB Leasing Up China Portfolio
Industrial real estate owner, operator and developer AMB Property Corp. continues to stabilize its holdings in China. During the second quarter, AMB has leased 700,000 square feet and has leased 1.22 million square feet since the beginning of the year.
Rexford Leases More Than 120,000 SF in Southern California
According to Rexford managing partner Michael Frankel, the company has leased more than 508,000 square feet ot date and 1.56 million square feet throughout the past 18 months. He said 53 percent of the leasing activity involves new tenants, while 47 percent represents existing tenant renewals.
CBRE Realty Trust Forms $1.1B European Industrial Property JV with Australian Partner
Per the agreement, CB Richard Ellis will own an 80 percent interest in both co-investment vehicles, while Goodman will own the remaining 20 percent stake.
Ground Broken on $70.4M Pharmaceutical Facility in Southern California’s Life Sciences Market
BioMed is developing the project at a cost of $400 per-square-foot, or a total of $70.4 million.
Digital Realty Acquires 82,000 SF in Silicon Valley
The buildings are located on a single 4.2-acre parcel across the street from another Digital Realty campus.
Kearny, Morgan Stanley Sell 1.4M SF Business Center in $40M Deal
In a $40 million deal, 1.4 million square feet of industrial and manufacturing space within the Century Business Center in Hawthorne, Calif., was sold by a partnership of Kearny Real Estate Company and Morgan Stanley Real Estate Fund V.