Industrial
GE Unit to Take 510 KSF Building in Jacksonville
GE Oil & Gas has selected Hillwood’s AllianceFlorida on Jacksonville’s Westside as the location for a new 510,000-square-foot advanced manufacturing facility.
Update: JCR Capital Obtains $105M for Middle-Market Fund
JCR Capital’s JCR Capital Commercial Real Estate Finance Fund III L.P. is targeting a total capitalization of $250 million for middle-market sponsors typically overlooked by institutional capital.
INTERNATIONAL: Prologis Adds 2.5 MSF in Eastern Europe
Prologis recently considerably expanded its portfolio with a number of acquisitions carried out in the Czech Republic, Poland and Slovakia.
Crocker Partners Purchases 1.4 MSF Flagler Office/Industrial Portfolio
Crocker Partners has just doubled the size of its portfolio in Jacksonville, Fla.
Nevada CRE Executive: State Best Choice for Tesla’s $5B Battery Factory
Tesla Motors Inc.’s decision to locate its $5 billion battery “Gigafactory” in Nevada came as no surprise to at least one local commercial real estate executive.
Hillwood Expands into Memphis
Commercial developer Hillwood will open a new office in Memphis that will be led by industry veteran Kurt Nelson.
INTERNATIONAL: Kyocera Joint Venture Plans World’s Largest Floating Solar Power Plant in Kato City
The joint venture between Kyocera Corp., Century Tokyo Leasing Corp. and Ciel et Terre International
will build two separate floating solar platforms.
Select Income, Cole Corporate Income Trust to Merge in $3.1B Deal
The list of 2014’s REIT M&As continues to grow with Select Income REIT’s acquisition of Cole Corporate Income Trust.
INTERNATIONAL: P3 Acquires Major Logistics Portfolio in the Czech Republic for $690M
PointPark Properties’s acquisition of warehouses and development land is one of Europe’s largest real estate deals of the past decade.
Duke Fills Metro Nashville Distribution Center with Big Lease
Duke Realty Corp. has signed B&G Foods to a new lease for 445,942 square feet in its Park 840 Logistics Center in Lebanon, Tenn.