Industrial
SPECIAL REPORT: Liquidity Returns to Commercial Real Estate
The commercial real estate financing industry cautiously greeted the rapid return of liquidity into the sector during the Mortgage Bankers Association’s 2013 Commercial Real Estate Finance/Multifamily Housing Convention & Expo.
IDS, Clarion Buy 70 Acres in Suburban Seattle for Industrial Park
IDS Real Estate Group and Clarion Partners have just acquired a 70-acre site in Kent, Wash., for the development of Stryker Business Center at Pacific Gateway, an industrial complex that will encompass as much as 1.5 million square feet of premier space.
Blackstone’s LogiCor Expands European Portfolio with 4.3 MSF in Poland
LogiCor, the pan-European logistics real estate arm of investment and advisory firm Blackstone, continues its rapid expansion and Poland is certainly part of the program.
Plum Creek-Rockefeller JV Envisions Inland Ports, Manufacturing, Office Uses for 4,700 Acres
Plum Creek Timber Co., of Seattle, and New York’s Rockefeller Group have signed a memorandum of understanding “to evaluate and pursue joint venture development projects” on 4,722 acres of land in the U.S. Southeast. The tracts are intended for commercial development, including manufacturing and distribution facilities, as well as inland ports and office buildings.
Avison Young Wins Global Transaction Management Assignment with Sun Chemical Corp.
The Canadian real estate services firm that has been expanding rapidly in the United States has won contracts with two N.J.-based multinational companies – Sun Chemical Corp. and C.R. Bard Inc. – to manage their global transactions.
Kennedy Wilson Boosts UK Portfolio with $101M Purchase
Kennedy Wilson’s European presence continues to grow at a fast clip with the recent acquisition of a 1.1 million-square-foot commercial real estate portfolio in the U.K.
Team Gemini Advances $300M Process Complex in Grove City
By Adrian Maties, Associate Editor Team Gemini plans to invest at least $312 million in industrial processing and research facilities near the Franklin County Sanitary Landfill in Grove City, Ohio. The Orlando-based sustainable project design and development company signed 99-year leases with the Solid Waste Authority of Central Ohio on Jan. 8 for two parcels […]
Sony Auctioning off Tokyo HQ, Part of Global Initiative to Raise Capital
Marking a growing trend among large companies, Sony Corp. is now putting up for sale one of its largest real estate properties.
FirstService Expands Into Commercial Property Association Management
Merit Property Management has acquired Mar West Real Estate, a major provider of commercial property association management services in the western United States, with operations in California, Arizona and Nevada.
24-Property CRE Portfolio Reels in $607M in Financing
Acting on behalf of a pension fund advised by Invesco, RREEF Real Estate and TA Associates Realty, HFF has orchestrated financing totaling $607 million for a real estate portfolio encompassing 5 million square feet of commercial space and 3,499 multi-family units.