Industrial
W. P. Carey Closes Major Sale-Leaseback Deal
The net lease REIT has expanded its industrial portfolio with the closing of a $217 million sale-leaseback deal with Fronterra Building Products.
Pharma Company Plans $200M Manufacturing Expansion in Waco, Texas
The expansion will add 322,000 square feet of manufacturing space to the major pharmaceutical company’s existing facility, and contribute $840 million to the Central Texas economy.
GE Opens First Phase of South Carolina Manufacturing Plant
The $400 million advanced manufacturing facility in South Carolina will be the first of its kind for GE Power.
Airbus’ Ashburn, Va. Facility Expands, Adds Employees
The aircraft manufacturer pledged to invest an additional $1 million in the facility, turning the Loudoun County location into the company’s largest material distribution center by customer volume.
Economy Watch: Manufacturing Not Rebounding from Slack Q1
Markit’s latest U.S. manufacturing PMI dropped to its lowest level in more than six years, reflecting the sector’s continued sluggish growth in 2016.
Chevron Hawaii Sells Stations, Refinery and Pipeline to New York Investor
Chevron Hawaii’s c-stores will become Texaco gas stations, following the company’s disposition of its refining, distribution and retail assets in the Aloha State later this year.
Leasing to Begin at Florida’s Largest Premier Intermodal Logistics Center
The company will handle leasing for the planned 8 million-square-foot Central Florida Intermodal Logistics Center, on behalf of Winter Haven Industrial Investors.
ULI Special Report: REITs Shift Strategies Amid Market Uncertainty
Leading REIT executives Gerard Sweeney and Bill Hankowsky offered insights into their preparations for the volatile economic cycle at the 2016 ULI Spring Meeting.
JLL Closes on Two Industrial Leases Totaling Almost 277 KSF in Orlando
Beachline Corporate Center lands two new tenants, Special Logistics and Electrolux.
Cushman & Wakefield Expands South Florida Presence
The New York-based company has recently acquired Gibson Realty Group, adding 33 professionals to its South Florida ranks.