Investment
Bixby Continues Western Industrial Expansion in Seattle
The 55,660-square-foot asset dating back to 2004 is located south of downtown Seattle, with Cummins Inc. as its sole tenant.
Virginia Beach Office Building Trades for $2M
ABNB Federal Credit Union sold the 20,956-square-foot property located in one of the most livable cities in the U.S., in a deal facilitated by Cushman & Wakefield | Thalhimer.
Blackstone Snags Industrial Portfolio for $1.8B
With the closing of the transaction, Blackstone Real Estate Income Trust has added 22 million square feet of last-mile infill warehouse and distribution facilities to its holdings.
STAG Buys 279 KSF Distribution Facility in Central PA
United Natural Foods is the sole tenant of the distribution facility located in York, Pa., which traded for $18 million.
The Story Behind Chicago’s NEWCITY: One for the Books
The $275 million mixed-use project took a decade to materialize, overlapping the recession. Structured Development’s Jeff Berta takes us behind the scenes of what he described as the most challenging project he worked on in a career spanning roughly 30 years.
Gladstone Acquires Central AL Industrial Asset
Located 20 miles from Tuscaloosa, the building encompasses more than 125,000 square feet of manufacturing and distribution space, purpose-built for Truck and Wheel USA Corp.
Pair of NJ Industrial Assets Commands $65M
Sitex Group recently developed one of the buildings and completely renovated the other. Both assets sit in the active New Jersey Port submarket.
C&W Arranges Sale of Manhattan Mixed-Use Building
The four-story asset located at 217 E. Third St., in the East Village, changed hands for $5.1 million. The estate of Michael Mendez was the seller in this transaction.
City Office Offloads $87M Boise Asset
Built between 1970 and 1982, the three-building Washington Group Plaza is home to state and federal government offices, as well as St. Luke’s and Northwestern Nazarene University.
Terreno Picks Up Seattle Industrial Asset
The new owner plans to renovate the 235,000-square-foot warehouse. The building, which is 65 percent leased, is situated next to Union Pacific Railroad’s intermodal facility.