Industrial
A123 Systems to Build $40M HQ in Michigan
The 150,000-square-foot campus will replace the company’s leased spaces in Livonia and Romulus, serving as a workplace for more than 400 employees upon completion.
Speculative 1.7 MSF Distribution Center Coming Near Port of Savannah
CRG is developing two industrial buildings totaling 1.7 million square feet, while the company’s architecture subsidiary Forum is designing both facilities. The project will benefit from the proximity of the Port of Savannah and is set to bank on the widening of the Panama Canal.
Stirling Development Marks Milestone for 370 SF Industrial Facility
The 47 percent pre-leased building is part of Southern California Logistics Airport, an 8,500-acre multimodal freight transportation hub.
Brookfield Snaps Up $855M Portfolio
The company has expanded in 12 states with the acquisition of a mix of high-quality industrial and office properties totaling 8.6 million square feet.
Pure Industrial Takes 2 in Texas
The Vancouver, B.C.-based REIT has acquired the 1 million-square-foot Cedar Port Distribution Centre in suburban Houston, along with 16 acres of land in San Antonio.
UPS Lands Tax Incentives for Arlington Regional Hub
United Parcel Service Inc. will lease roughly 1 million square feet at the Arlington Commerce Center, which is expected to create 1,400 full-time jobs.
Car Parts Manufacturer to Bring $60M Investment to Springfield
The Japanese auto parts manufacturer previously announced a $10 million investment, but it now significantly expanded the project. Topre America intends to build a 150,000-square-foot facility in Clark County, Ohio, that will create 85 jobs.
Prologis Acquires 4-Building Industrial Distribution Center in Houston
The Class B distribution warehouses, located in Houston’s West by Northwest Industrial Park, total 809,196 square feet and have generated more than 10 offers from institutional investors.
Hines Nabs Houston Logistics Park
The company has tripled its holdings in the city’s industrial market with the acquisition of a 2.2 million-square-foot distribution center in La Porte, Texas.
Amazon Doubles Up
The company’s upcoming distribution centers in Virginia and Texas will each bring more than 1,000 full-time jobs to those regions.