Industrial

How Does Obama’s Second-Term Win Affect CRE?

With an acrimonious and seemingly endless presidential campaign finally completed, CRE experts are watching to see how newly re-elected President Barack Obama and Congress deal with a host of financial issues impacting the real estate market, including the budget deficit, debt and spending, tax rates, capital gains taxes and job creation.

Chambers Street Properties Buys 801 KSF Warehouse in Greater Baltimore

Chambers Street Properties continues building up its industrial portfolio with the acquisition of an 801-square-foot Class A warehouse/distribution facility in a Baltimore suburb.

HOK to Design $269M Italian Biomed Hub

Global design firm HOK has been designated as the lead architect for the Ri.MED Biomedical Research and Biotechnology Center (BRBC) near Palermo, Sicily in Italy, selected among 13 other firms that entered the international design competition for the contract.

Johnson Development to Solicit Projects for 113-Acre Memphis Industrial Complex

Johnson Development Associates has big plans for Aerotropolis Business Park, the 113-acre site it acquired in Memphis, Tenn., earlier this year.

DCT Industrial Trust Completes Purchase of Four-Building Portfolio

DCT Industrial Trust of Denver has completed the previously announced acquisition of a four-building portfolio totaling 563,000 square feet.

CPPIB Expands into Brazil with Global Logistic Properties Partnership

Canada Pension Plan Investment Board announced its entering into a JV with Global Logistic Properties, the world’s second largest owner of industrial property, entailing the purchase of two Brazilian logistics portfolios.

Binswanger Arranges Sale of R.I. Industrial Facility

On behalf of Shamrock Associates L.L.C., Binswanger has brokered the sale of a single-story manufacturing building on 94 acres on Chase Hill Road in Ashaway, R.I.

Hillwood, Brookfield JV Acquire Two 2 MSF Industrial Facilities Near Baltimore

Hillwood Investment Properties, in a JV with Brookfield Asset Management, acquired two Class A industrial facilities in the Baltimore market, totaling close to 2 million square feet.

TCC, Clarion, Rosewood Kick Off 1MSF Dallas Office Complex

The Dallas industrial market is about to get a lot bigger, courtesy of a 1 million-square-foot project by Trammell Crow Co., Clarion Partners and Rosewood Property Co.

Binswanger Brokers Sale, Just Closed, of NW Georgia Industrial Building

The Atlanta office of Binswanger has arranged the sale of a former Mohawk Industries facility, a 220,569-square-foot industrial building on 47 acres in Rome, Ga.