Industrial
NorthStar Closes $345M Manufactured Housing Portfolio
NorthStar Realty Finance Corp. continues to build up the manufactured housing segment of its holdings by leaps and bounds with the recent $345 million closing of a $400 million portfolio of 16 communities.
Realty Income to Buy Half-Billion-Dollar Net-Lease Portfolio from Inland Diversified
Realty Income Corp. is closing the year with a bang. The company has entered into a definitive agreement to acquire an 84-property portfolio of single-tenant net-leased retail and industrial real estate assets from Inland Diversified Real Estate Trust.
Hackman JV Scoops Up 1.6 MSF Campbell’s Soup Manufacturing Facility in Sacramento
Hackman Capital Partners, in a joint venture with Rabin Worldwide and Capital Recovery Group, has acquired the 1.6 million-square-foot industrial building in Sacramento that had served as Campbell Soup Co.’s manufacturing facility until last summer.
Clarion JV Sells Storage Portfolio in Texas, North Carolina for $258M
A partnership composed of Clarion Partners and Private Mini Storage has sold for $258 million a 30-property, 2.4 million-square-foot portfolio of self-storage facilities.
WTGoodman JV Buys Warehouse Portfolio in Brazil for $1.4B
WTorre SA and the Goodman Group created a joint venture that would focus on the industrial real estate market, buying a massive warehouse portfolio for $1.4 billion.
Mesa West Closes Debt Fund with $752M
Mesa West Capital got more than it expected when it closed its Mesa West Real Estate Income Fund III L.P.—$102 million more, to be precise. The debt fund manager raised a total of $752 million in equity commitments, outdoing its target of $650 million.
Goodman to Develop Largest Logistics Facility in Poland, Leased by Amazon
Goodman is developing a 95,000-square-meter 1 million-square-foot) fulfillment center for Amazon in Wroclaw.
Hines Buys 953 KSF Logistics Facility in Growing German Market
International real estate company Hines has completed one of the largest logistics transactions to take place in central Europe by acquiring the Fiege Mega Centre is a single-tenant e-commerce logistics property located in Erfurt, Germany.
Hillwood, Sovereign Wealth Fund Wrap First Closing of $1B Industrial Venture
The partners expect to ultimately raise an aggregate $400 million, which they intend to leverage for $1 billion in acquisitions and development over the next three to four years.
Strategic Storage Trust Acquires 9 Facilities for $64M
In separate transactions, Strategic Storage Trust acquired five self-storage properties located in the greater Dallas/Fort Worth and Midland, Texas markets and four self-storage properties located in Alabama and Tennessee, for a total of approximately $64 million.