Industrial
First Industrial Sells Two SLC Industrial Buildings
Newmark Grubb ACRES has arranged the sale of the two properties in Decker Lake Industrial Park in West Valley City, Utah, totaling 98,000 square feet. The company represented both the seller and the buyer.
Trammell Crow, Clarion Team Up on Cali Logistics Center
RGA Architecture will serve as the project architect and Fullmer Construction is the general contractor. JP Morgan Chase provided financing for the project.
A&S Building Systems Relocates to David Jones Industrial Park
The NCI Buildings Group division moved from Caryville, Tenn., to an Andersonville, Tenn., industrial park located 16 miles away. The Hollingsworth Cos. developed A&S Building Systems’ new facility.
Automotive Supplier to Open New Plant in Alexander County
Borealis Compounds Inc. intends to invest $15 million in a production facility in Taylorsville, N.C. The Austrian company will create 37 jobs.
UPS Doubles KS Footprint with $220M Investment
The firm will add 200,000 square feet to its Lenexa, Kan., facility. A second facility in Edgerton, Kan., will add another 197,000 square feet by this fall.
CBRE Secures 119 KSF Oakland Industrial Lease
The tenant, a large electrical distributor, will benefit from the building’s 425 feet of frontage along Interstate 880.
On the Market: 5 Small-Business Listings for May
This month’s listings span the country, from historic converted lofts in Grand Rapids, Mich., to a mixed-use condo/retail asset in Brooklyn.
Midwest Industrial Acquires Warehouse, Plans Renovation
The 71,000-square-foot building is located in Huntley, Ill., and is fully leased by a single tenant. The site features an additional 3 acres which can be used for further development.
Wilson & Stonaker Acquires Texas Industrial Park
The 334,082-square-foot, four-building industrial park in Fort Worth has 20,000 to 56,000 square feet of space currently available for lease. Transwestern Principals Jeff Givens and Sarah LanCarte represented the seller and will be leasing the property.
Avison Young Brokers $20M Sale of 2 DC-Area Industrial Assets
The properties totaling 245,888 square feet were sold by CIM Group and purchased by Beckham Gumbin Ventures. The buildings are close to key employers, such as the CIA and CACI International.