Industrial

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.

Economy Watch: Construction Spending Ticks Up in January

The Census Bureau’s latest report showed U.S. construction spending had an overall good month in January, with some sectors seeing higher spending gains than others.

Consol Energy Sells Virginia Mine and Coal Reserves to Coronado IV

Consol Energy sold its metallurgical mine in Buchanan, Va., and a number of its coal reserves to Coronado IV for $420 million.

2 Ames Drive in Carlisle, Pa.

American Realty Advisors Buys 700 KSF Amazon Building in Central Pennsylvania

An Amazon fulfillment center developed by Dermody Properties and PCCP in one of the state’s key distribution markets changed hands for $62.4 million.

Sysco Foods, Round Rock

Brennan Acquires Austin Industrial Facility for Redevelopment

Brennan Investment Group recently expanded its Lone Star State industrial portfolio to include 28 assets.

Economy Watch: Golden State’s Real Estate Shines

The latest Allen Matkins-UCLA Anderson survey has a sunny outlook for California commercial real estate, based on developer sentiment in the state.

Central Pennsylvania Industrial Asset Changes Hands

American Realty Advisors paid a reported $62.4 million for the Class A property located in Carlisle, Pa.

BKM Capital Partners Announces Closing of Industrial Value Fund I

The California-based fund manager wrapped up the final close of its BKM Industrial Value Fund I, with $300 million in buying power.

PSEG

PSEG Acquires 36.3 MW Solar Facility for $54M in Colorado

A 36.3 MW-dc solar energy facility was acquired by PSEG Solar Source for $54 million.