Industrial
Darwin Realty Inks Illinois Warehouse Lease
The 103,987-square-foot facility is located in Elk Grove Village, Ill., and is leased by Marketplace Brands, a seasonal food gifts distributor.
Plastipak Pumps $15M in Louisiana Plant
The company intends to increase capabilities at the 862,000-square-foot facility by installing up to seven new production lines. This marks the second expansion at the facility.
Craft Beer Company Inks Queen Anne’s County Lease
Cult Classic Brewing will occupy the former ACME Supermarket building in Chester, Md., and is expected to start operations in 2018. The property is part of the Kent Island shopping center.
Monmouth Grabs $38M Miami-Area FedEx Distribution Center
The newly constructed Class A facility is located in Homestead, at the intersection of SW 127th Avenue and SW 272nd Street.
Czech Company to Build First Plant in the US
The new $20 million factory will be used for manufacturing, warehousing and storage purposes. Twenty new jobs will be created, including positions in engineering, management and production.
Terreno Acquires NJ Industrial Asset for $16M
The property is in close proximity to Newark Liberty International Airport and Newark Port and was vacant at the time of the transaction.
JLL Brokers $18M Sale of Phoenix Industrial Asset
Continued confidence in the local industrial market has prompted Colony Northstar’s acquisition of Phoenix Logistics Center from Overton Moore Properties and PCCP LLC.
Lincoln Property Company Facilitates Industrial Deal
The company represented the seller, Flooring International Distribution Inc., which sold the asset for $3.5 million to Young Georgia Properties LLC.
World’s First Panda-Shaped Solar Farm Begins Operations
The 50-megawatt solar farm is the first phase of a 100-megawatt solar facility and was recently connected to the grid.
Samsung Grows US Footprint With $380M SC Plant
Once up and running, the facility is expected to employ workers across a broad range of advanced manufacturing roles, including craftsmen, operators, engineers and other technical and non-technical positions.