Industrial
CBRE Arranges Sale of OC Industrial Asset
Makena Properties acquired the 81,836-square-foot property in Anaheim, Calif., for approximately $12.2 million. The building is fully leased to a dancewear retailer.
WPT Industrial Goes on $96M Shopping Spree
The REIT has agreed to acquire two distribution centers in Oregon and Texas. Combined, the properties offer more than 903,000 square feet of gross leasable space.
Monmouth Lands 316 KSF Industrial Building in SC
The public equity REIT purchased the asset for $21.9 million. The building is net-leased to Autoneum North America Inc., a Delaware corporation.
CBRE Arranges Greater LA Industrial 1031 Exchange
The three-building park in Norwalk, Calif. changed hands for $14.1 million and is 98 percent leased to a variety of tenants, including Ford Motors.
Kidder Mathews Taps Inland Empire SVP
Dean Krieger brings more than 30 years of industry experience. In his new role, he will specialize in tenant representation throughout the Inland Empire and Orange County.
Workforce Trumps Location in Industrial Site Selection
Access to skilled employees has moved to the top of the list for manufacturing tenants looking for space, knocking the location factor out of first place, according to the latest CoreNet report.
Katz’s Deli Leases 30 KSF in NJ
The firm, a landmark of the New York City culinary scene, plans to expand its business by opening a new location at a 145,000-square-foot industrial building in Carlstadt, N.J.
Monmouth Acquires East Dallas Industrial Facility
Monmouth Real Estate Investment Corp. purchased a 352,000-square-foot industrial building in Mesquite, Texas. The property changed hands for $50.6 million.
Nashville-Area Industrial Building Lands $18M Loan
Mission Capital refinanced existing debt on a fully occupied, recently upgraded industrial property, Interchange Business Center, a 792,000-square-foot building in La Vergne, Tenn.
Retail Supplier Launches First US Operation in SC
Sumter Easy Home will invest $37 million in a manufacturing facility in Sumter County. The 104,000-square-foot development is projected to create at least 88 new jobs.