Industrial
OmniTrax Partners on Colossal Industrial Project in Savannah
One of North America’s largest private railroad and transportation management companies has joined forces with the Effingham County IDA to develop a state-of-the-art business park in Savannah.
143 KSF of Richmond Industrial Commands $11M
The 8000 Villa Park Drive industrial property, which changed hands for $11 million, is fully leased to direct mail marketing company Colortree Group.
Farmland Enters Lease Agreement with ESA Renewables for Solar Farm
Farmland Partners entered a lease agreement with ESA Renewables for 50 acres at one of its North Carolina farms.
Economy Watch: CRE Prices See First Dip in 6 Years, Says Moody’s
Moody’s/RCA’s latest Commercial Property Price Indices revealed commercial property prices declined for the first time since early 2010.
Foreign Auto Supplier Snags Industrial Warehouse near Motor City
A former Staples fulfillment center near Detroit was sold last month for north of $8 million.
Zipper Manufacturer Adds Solar to California Facility
YKK (U.S.A.) Inc. marked its first installation of photovoltaic solar panels at its Anaheim facility.
Economy Watch: Healthy Jobs Numbers, But Also Concerns
While U.S. jobs growth in February was surprisingly on the upswing, there are still some challenges impeding a full economic recovery.
Prologis Says Hello to New Tenant in N.J.
CBRE landed HelloFresh as a tenant for Prologis’ massive Newark distribution center.
Construction Lenders Becoming More Selective
Lenders raise the bar for construction debt as markets mature.
Economy Watch: Beige Book Reports Uneven Growth
The Federal Reserve’s March Beige Book reveals overall economic expansion across the country, but the growth is uneven.