Industrial
HFF Orchestrates Financing for Purchase, Transformation of Brooklyn Asset
HFF secured $162 million in financing for the acquisition and conversion of Hall Street Complex in Brooklyn, N.Y., into a creative loft office property.
Southern Power Adds another 120 MW Solar Project in Texas
Southern Power increased its power generating capacity with the acquisition of the 120MW East Pecos solar facility in Texas.
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.