Industrial
Three Million-Square-Feet of the Bannister Federal Complex up for Sale
By Gabriel Circiog, Associate Editor One of the biggest real estate transactions in Kansas City history could soon happen as the federal government is searching for a buyer for part of the Bannister Federal Complex. The Kansas City Star reports the sale targets the 3 million square-foot section of the complex where non-nuclear parts for […]
ProLogis Sells 90% Stake in Brazilian Development to Pension Fund
Powerhouse industrial developer ProLogis Inc. announced the sale of a 90 percent interest in its not-yet-complete ProLogis CCP Cajamar Industrial Park in São Paulo, Brazil, to Brazil’s largest pension fund, PREVI.
IDS Picks up ‘Irreplaceable’ 411 KSF San Diego Industrial Asset
Kearny Mesa, one of the better-performing submarkets of San Diego, has netted another big fish: IDS Real Estate Group has acquired a 411,245-square-foot industrial warehouse building there for $50 million.
Sperry Van Ness Makes Entrée into NYC Market
SVN is opening a New York City office, to be called Sperry Van Ness | RealSite Group, and will be headed by managing director Anthony Casalena.
WRIT Completes Final, $70.6M Phase of Industrial Sale
Washington Real Estate Investment Trust has made its exit from the industrial real estate sector with the disposition of Dulles Business Park in Chantilly, Va., and 6100 Columbia Park Rd. in Landover Md.
Liberty Kicks Off 1.2 MSF Industrial Project in Lehigh Valley
The $62 million project will provide new big-box industrial space to a thirsty market and reclaim a brownfield site that was once home to the Bethlehem Steel Corp.
Industrial Outlook Defies Gloom: Cushman & Wakefield Report
Defying the shaky economy, fundamentals in the industrial sector continue to inch upward, according to an analysis published Thursday by Cushman & Wakefield Inc.
KTR Capital Acquires 301 KSF Industrial Facility in Kentucky
KTR Capital continues to expand its presence in metropolitan Louisville, Ky.’s industrial market with the recent acquisition of a 300,800-square-foot property in Shepherdsville.
Carpenter Technology Selects Alabama for New $500M Manufacturing Facility
Carpenter Technology Corp. has a site near Athens, Ga., as the future home of a $500 million, 400 million-square-foot manufacturing plant that will serve its clients in the aerospace and energy sectors.
Growing Demand, Supply Constraints Keep Lid on Net-Lease Cap Rates: Boulder Group
The market for single-tenant assets should remain stable through the end of the year as demand for core assets keeps the lid on cap rates.