Industrial
CBRE to Manage, Lease Second Phase of Large Miami Development
The owner selected CBRE’s experts to lead management and leasing efforts at the business park’s newly completed buildings.
Edsal Sandusky Buys 168 KSF Chicago Warehouse
Cushman & Wakefield represented the buyer, the property’s anchor tenant, while Avison Young’s Principal John Moysey worked on behalf of the property owner.
Alexander & Baldwin Expands Hawaii Industrial Portfolio
The five buildings, part of an industrial campus located in Kailua-Kona, were 94 percent occupied at the time of the transaction.
Terreno Nabs $25M South Bay Industrial Asset
The 114,000-square-foot building in Gardena, Calif., is managed by CBRE and is fully leased to one tenant, GOH Express.
Amazon to Open First Alabama Hub
The retailer will invest $30 million in a 362,000-square-foot sortation center in Mobile. The facility will create more than 360 part-time jobs.
San Diego Industrial Asset Trades for $19M
The 205,800-square-foot facility located within the Foreign Trade Zone in Otay Mesa is fully leased to three tenants.
Blackstone to Sell Logicor for $14B
Affiliates of China Investment Corp. have agreed to purchase the 147 million-square-foot logistics and distribution warehouse portfolio, which spreads across 17 European countries.
Cress Expands Western Portfolio With $110M Buy
The company has acquired more than 800,000 square feet of office and flex industrial space in Southern California and Colorado in two transactions.
New Logistics Property Coming to Metro Atlanta
The plan is to build a 1 million-square-foot logistics asset, which could be expanded to 1.4 million. The building is scheduled to be completed by the first quarter of 2018.
BLT Enterprises Expands San Diego Industrial Footprint
The recent acquisition of a 60,000-square-foot industrial building in Carlsbad, Calif., brings the company’s holdings in San Diego to more than 600,000 square feet.