Industrial
Hill Properties, ReCap JV Nabs 186 KSF Industrial Park in San Diego
JLL arranged the $31.4 million sale of Scripps Ranch Business Park. The nine-building complex is fully leased to nine tenants.
Colliers Arranges $30M Sale of Georgia Industrial Portfolio
Sealy & Co. acquired the eight-building portfolio from High Street Realty Co. and successfully stabilized it through renewals, expansions and new leasing.
Wasatch Commercial to Develop Biomerics HQ
The company is managing the location selection process, building design and construction of a 230,000-square-foot facility for Biomerics in Salt Lake City.
Bridge, Investcorp Partner to Recapitalize Cold Storage Portfolio
The three warehouses total 715,000 square feet and may represent the first time an institutional investor refinances a multi-tenant cold storage portfolio.
Terreno Realty Sells 162 KSF Industrial Asset in LA
The property, which is located in Whittier, Calif., sold for $25.3 million and generated an unleveraged internal rate of return of 14.5 percent.
NAI Hiffman Closes 2 Large Chicago Leases
Dealer Tire renewed at 3708 River Road in Franklin Park, while Crane Nuclear Inc. signed at 860 Remington Blvd. in Bolingbrook.
CBRE to Market, Lease 4 Industrial Properties in NJ
The company’s New Jersey Logistics Group expanded its brokerage footprint with four New Jersey industrial properties totaling 535,000 square feet.
Coca-Cola UNITED Acquires Atlanta-Area Sites, Facilities
Through this transaction, the company has added 2,000 associates, as well as roughly 200 new jobs, marking a 10 percent. The firm plans to invest $25 million on equipment this year and an additional $100 million in the near future.
ARA Nabs 846 KSF Atlanta-Area Industrial Asset
The property sold by Trammell Crow is 100 percent leased to a subsidiary of Wayfair, one of the world’s leading online destinations for home goods.
Mitsubishi Affiliate Launches First US Development Fund
Diamond Realty will use a total equity of $51 million to finance two multifamily projects in Texas and Colorado, as well as a logistics building in California.