Industrial
IndCor Secures 343,500-SF Expansion Lease in NJ Industrial Property
IndCor purchased an industrial facility last year and now has secured a lease from Argix to occupy the building’s entire space.
Construction Projects to Create 170 New Jobs
By Adrian Maties, Associate Editor At the beginning of the year, Rough Brothers Inc., a greenhouse design and manufacturing firm, started looking for new space to relocate its headquarters from Vine Street, in St. Bernard, and expand its operations. The search is now over. The company recently agreed to purchase 20.5 acres of vacant land […]
CPPIB, Goodman Target North American Industrial with $890M Partnership
Canada Pension Plan Investment Board and Goodman Group have partnered to invest a big chunk of change in logistics and industrial properties in key North American markets.
Calkain Cos. Opens St. Louis Office to Capture Midwest Market
Calkain Cos. has opened an office in St. Louis, viewing the Midwest as a largely underserved market. The company has tapped broker Teal Henderson from its Tampa office to run the new location.
Hillwood-Brookfield JV Buys 1.6 MSF at Memphis Distribution Center
Hillwood Investment Properties and Brookfield Asset Management teamed up to acquire five Class A industrial buildings in Southpark Distribution Center in Memphis.
Nevada Approves Tax Abatements for Apple's $1B Commitment
The road has been paved for Apple Inc. to get some big tax breaks in exchange for an even bigger commitment to Reno, Nev.
Cassidy Turley: CRE Recovery a Tale of Two Markets
In a year where the U.S. economy remains “stuck in a slow growth gear,” commercial real estate recovery is uneven and there are very clear winners and losers, according to Cassidy Turley chief economist Kevin Thorpe.
JLL Secures $48M in CTL Financing
Jones Lang LaSalle’s Capital Markets team has secured $48 million in Credit Tenant Leasing financing from a foreign institutional investor for an industrial and bus maintenance complex in Newark, N.J., owned by Hartz Mountain Industries Inc.
Avison Young Buys Property Management Firm in Las Vegas
Avison Young has acquired Las Vegas–based commercial property management firm Landry & Associates Inc., Avison Young announced Wednesday. The purchase places the Toronto-based company among Las Vegas’ top commercial property management firms.
Suburban Boston Office/R&D Property Commands $93.5M
Real Estate Capital Partners USA Capital Trust sold the trophy asset at 174 & 176 Middlesex Turnpike in Bedford, Mass., to Cole Real Estate Investments.