Industrial
Prologis Merges 2 European Funds
Prologis Targeted Europe Logistics Fund will acquire a joint venture involving Germany’s Allianz in a deal valued at more than $611 million.
Meritex Buys Phoenix Industrial Asset for $26M
Park Ladera at Spectrum Ridge is located within Spectrum Ridge Industrial Park and totals 220,463 square feet.
Firearms Manufacturing Complex Comes to Georgia
Heckler & Koch has announced that the company will expand its existing operations center by 50,000 square feet.
Jackson-Shaw Breaks Ground on Jacksonville Tradeport Buildings
The buildings are slotted for completion by third quarter 2017.
HFF Secures $162M Financing for NJ Portfolio
The buildings are 98 percent leased and total nearly 2.7 million square feet of industrial and office space.
Brick City Makes to Add Production Space in St. Louis
Plans call for a historic industrial building to be transformed into a six-level facility with a community room, support services and a collaborative environment.
Officials Green Light Worcester Bio-Manufacturing Site
The redevelopment is part of the Commonwealth’s Open for Business Initiative that seeks to redevelop underutilized state assets into productive pieces of land.
NAI Hiffman Closes Sale of Chicago Industrial Asset
The building will serve as the home of Frost Lighting, a full-service event production company.
Ford’s Michigan Expansion Revs Up Detroit Industrial Market
The company is planning to spend $700 million to expand its Flat Rock plant as part of an overall $4.5 billion investment on electrified vehicles over the next four years.
Cushman & Wakefield Arranges Sale of 504KSF Industrial Asset
The new ownership has commenced a multi-million-dollar renovation of 340 Stiles St., in Linden, N.J., scheduled for completion in spring 2017.