Industrial
Chambers Street Signs New Lease for 450 KSF near Charleston, SC
Chambers Street Properties has signed a 450,000-square-foot lease at Jedburg Commerce Park, a warehouse/distribution property in Summerville, S.C.
Clarion Secures $81M in Financing for Metro Atlanta Industrial Portfolio
Clarion Partners has just obtained $81 million in financing for a 3.1 million-square-foot industrial portfolio in metropolitan Atlanta.
Hines Buys 2 More Logistics Facilities in Poland
Hines has acquired two logistics facilities in Poland, totaling seven warehouses comprising 753,200 square feet, via its Hines Russia & Poland Fund from TMW Pramerica Property Investment GmbH.
Hackman Capital Wins Bid for Hostess Brands’ Assets
Hackman Capital Partners saw an opportunity to turn Hostess Brands leftovers into an appetizing investment by acquiring the remaining assets of the former national bakery brand at a recent bankruptcy auction for $62.5 million.
Prologis to Develop 3 Buildings in UK
San Francisco-based Prologis will begin development on three buildings with a total of 700,000 square feet in the United Kingdom.
Carlyle, Townsend to Invest $200M in JV with Shanghai Yupei to Develop Warehouses in China
Citing the growth of the logistics sector in China, The Carlyle Group and The Townsend Group are investing $200 million in a strategic partnership with Shanghai Yupei Group that will funnel a total of $400 million to 17 projects and acquisitions in China’s main cities.
KTR Buys 543 KSF Industrial Project in Metro Dallas
An affiliate of KTR Capital Partners has closed on the acquisition of 600 109th St. in Arlington, Texas, a three-building, 543,000-square-foot project near State Highway 360 in the Lower Great Southwest submarket of Dallas.
JLLIPT Buys 442 KSF, Class A Industrial Building in Joliet, Ill.
A 442,484-square-foot, Class A industrial building in the I-80 corridor of Joliet, Ill., attracted numerous bidders when its institutional seller put it on the market, but Jones Lang LaSalle Income Property Trust came away with the fully leased distribution center at 3500 Corporate Drive.
Cobalt Sells 1.4 MSF Dallas Industrial Portfolio
Cobalt Capital Partners, advisor to Cobalt Industrial REIT, has sold a 14-building, 1.4 million-square-foot industrial portfolio in Dallas to a Greenfield Partners investment fund.
IndCor Awards Cassidy Turley 7 MSF Industrial Assignment
IndCor Properties has turned to Cassidy Turley once again to oversee one of its mega-size portfolios. IndCor recently tapped the firm to manage a group of industrial properties totaling 6.7 million square feet in Northern California.