Industrial
Going Down
(national cap rate performance based on properties and portfolios of $2.5 million and greater)
Opus Develops in Cincinnati
The Opus Group is developing two more properties in the active Cincinnati industrial market on behalf of Founders Properties, to complement the company’s existing two buildings in the same location.
Industrial Property Trust Makes Its Mark in Atlanta’s Largest Industrial Submarket
Industrial Property Trust Inc. continues making strides in Atlanta’s sizable industrial market with the acquisition of four multi-tenant warehouses.
JANUARY ISSUE: Property Management–Occupancy Strengthens
What will demand for space look like in 2015, and which markets will score highest for absorption and increased rents?
INTERNATIONAL: Hines Buys Back Industrial Property in Guadalajara
International real estate company Hines has purchased back Parque Industrial Tecnológico II in Guadalajara, Mexico, from Union Investment, to whom it previously sold the property back in 2007.
Target Takes 900 KSF in Memphis
New leases, build-to-suit leases, lease expansions–big-box retailers are staking claim to big chunks of space outside of the leading markets, and Target’s commitment to a 900,000-square-foot facility in Memphis is among the latest transactions.
INTERNATIONAL: W.P. Carey Buys Build-to-Suit Distribution Facility in Poland
Global net-lease real estate investment trust W.P. Carey Inc. has acquired a new, 362,000-square-foot build-to-suit, light-industrial and distribution center in Opole, Poland.
Skanska to Build Boeing Paint Facility in Charleston
Skanska USA is developing an $82 million, 375,000-square-foot decorative paint facility in Charleston, S.C., for aerospace giant Boeing.
GLP Co-Invests with GIC on $8B IndCor Purchase
Global Logistics Properties Ltd. is making a big move into the United States industrial market by taking a 55 percent stake in a deal with GIC to buy IndCor Properties from Blackstone for $8.1 billion.
Trammell Crow, Clarion Break Ground on Phase Three of Industrial Project in Arizona
Trammell Crow Co. and joint venture partner Clarion Partners have started construction on the third phase of Coldwater Depot Logistics Center, a 187,000-square-foot, Class A speculative industrial building in Avondale, Ariz.