Industrial
PNM Commits to Eliminating Coal Generation by 2031
PNM plans to replace coal-generated power with solar, wind, nuclear and natural gas power, according to its 2017 Integrated Resource Plan draft, which it is required to submit to the New Mexico Public Regulation Commission every three years.
Global Manufacturer Expands to NC with $13M Investment
The refrigerant packaging company selected Martin County for a new facility, which will provide the area with 31 new jobs. Salaries at Weitron Inc. will be about $4,000 more than the $28,000 annual average income of the county.
Fortune 500 Company Inks 80KSF in San Antonio
The company leased 80,265 of the Enterprise Industrial’s total 324,363 square feet. This new lease brings Building 2 to a 62 percent occupancy rate.
Daum Commercial Facilitates OC Industrial Lease
A medical device testing company will be relocating from Fountain Valley to a 33,324 square-foot freestanding building in Irvine, Calif.
Terreno Adds 126 KSF Industrial Asset to Its NJ Portfolio
Terreno Realty Corp. recently acquired an industrial building that currently serves as corporate headquarters for DermaRite Industries LLC. The asset traded at a 5.3 percent cap rate.
Industrial Development Underway in Supply-Constrained Area
Daum Commercial arranged the sale of a 3.8-acre land parcel within the McInnes Ranch Business Park where E&E Trust plans to develop a warehouse distribution building.
Amazon Plans Fulfillment Center Trio for NJ
The company’s footprint in the Garden State will expand with the opening of three industrial facilities totaling 2.8 million square feet.
JLL Handles 1 MSF Maryland Redevelopment Listing
The firm is working on behalf of AEW Capital Management and Manekin Corp. to market the 60-acre logistics property along the Baltimore-Washington corridor.
PGT Innovations Reveals New HQ Plans
The door and window manufacturer found a space close to its current offices that will limit the impact of relocating approximately 2,700 employees.
Terreno Realty Acquires 1MSF South Bay Industrial Property
The 1989 property in Lynwood consists of three buildings just off Interstate 105 and is fully ground leased.