Industrial
INTERNATIONAL: Blackstone’s LogiCor to Acquire 18 Logistics Properties in Europe for $375M
In an approximately $375 million deal, Blackstone’s industrial arm LogiCor has agreed to expand its portfolio with the acquisition of 18 logistics facilities in eight European countries.
Charleston Market Shows Improvement with Fruit of the Loom Distribution Center Doubling in Size
The industrial market in South Carolina’s Charleston region is showing positive signs of growth and a plan by Fruit of the Loom to expand its Summerville, S.C., distribution center is one big example of the trend.
Bridge Development Buys 17 Acres in Florida to Build Industrial Facility
Bridge Development Partners makes plans for its third speculative industrial project in South Florida in less than one year with the acquisition of 17 acres in Hialeah Gardens, Fla.
Bridge Development Buys 17 Acres in Florida to Build Industrial Facility
Bridge Development Partners makes plans for its third speculative industrial project in South Florida in less than one year with the acquisition of 17 acres in Hialeah Gardens, Fla.
ARCP Investment Group Purchases 2.5 MSF Industrial Portfolio from Mesa
An investment group led by American Realty Capital Properties has acquired a 2.5 million-square-foot industrial portfolio of energy sector properties from Mesa Real Estate Partners for $295 million.
Special Report: Yardi’s Enerliance Partners with ConEd
Yardi Systems and new acquisition Enerliance joined with the ConEdison Green Team to host the New York City Energy Summit, introducing a new energy reduction initiative.
Goodman Birtcher to Develop $350M Industrial Logistics Center in Linden, NJ
Goodman Birtcher has received entitlement approvals for Goodman Logistics Center Linden, a proposed $350 million logistics center in Linden, N.J.
SPECIAL REPORT: PREI Raises Concerns: RE Valuations Could be Based on QE Worldwide
Prudential Real Estate Investors said that commercial real estate prices are on the rise worldwide as economies rebound internationally, but expressed concern that loose monetary policy could be driving property valuations, in its June 2014 Global Outlook.
Ascent to Develop New Data Center in St. Louis Tech Corridor for $85M
Ascent, a St. Louis-based provider of solutions for the development, design and operation of data centers, is expanding its footprint in its hometown, with plans to develop a new multi-tenant facility spread across 15 acres of a greenfield site.
Commonwealth REIT Retains CBRE for 43 MSF Property Management Portfolio
CBRE Group has been tapped by CommonWealth REIT to provide property management services for the company’s 43 million-square-foot portfolio.