Industrial
NJ Industrial Portfolio Changes Hands in $147M Deal
The transaction, comprising six northern New Jersey properties totaling 1.2 million square feet, represents the largest portfolio sale in the state this year.
Dallas Industrial Facility Changes Hands
Dalfen America Corp. has purchased a 420,000-square-foot warehouse/distribution center in Dallas, as well as more than 12 acres of land. The facility offers 140,000 square feet of climate-controlled space.
CBRE Leases Entire San Leandro Industrial Development
Wayfair and CEVA Freight have inked leases for the 163,000-square-foot property before its completion, as CBRE research points to a high demand for 32-foot clear height and ESFR sprinkler systems.
Miami-Area Industrial Asset Trades in $8M Deal
Cushman & Wakefield’s experts assisted the seller in the transaction and helped secure acquisition financing on behalf of the buyer, through a loan originated by Starwood Mortgage Capital.
NAI Seals OC’s Largest Single-Tenant Deal in 25 Years
The company represented J.C. Penney Properties Inc. in the $131.3 million sale and short-term leaseback of their distribution center in Buena Park, Calif., which spans more than 1 million square feet.
Cliffs Invests $700M in First Midwest Plant
The mining and natural resources company will create 130 permanent jobs and more than 1,200 construction jobs over the next two years in the Great Lakes Region.
EastGroup Plans 850 KSF Industrial Park in Florida
Later this year, the REIT will begin construction on Gateway Commerce Park, an 850,000-square-foot campus on a 61-acre site in the tight metro Miami market.
Camel Energy Enters Ann Arbor, Plans to Invest $5M
The battery manufacturer plans to base its research and development headquarters in Pittsfield, Mich., with help from Ann Arbor SPARK and the Michigan Economic Development Corp.
Uline Inc. Signs 1 MSF Lease Near Atlanta
Ackerman & Co. is developing the bulk distribution center, which is expected to be complete in late 2017. Uline Inc. is scheduled to move in during the first quarter of 2018.
Premier Redevelops Chicago Freezer Facility
The 110,439-square-foot space is an expansion to an existing cold storage facility part of a 55-acre business park in Northlake, Ill.