News

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.

Scotiabank Inks 19 KSF Cayman Islands Lease

The LEED Gold-certified mixed-use building opened in 2016 and is home to PwC and a number of other financial services firms.

Memphis Industrial Reuse Project Lands LEED Platinum

The former Sears Crosstown distribution center is now a 1.5 million-square-foot mixed-use development comprising apartments, office and retail, as well as a high school.

Paris Towers Earn Europe’s 1st Green Bond Certification

Developed by Ivanhoé Cambridge and Natixis Assurances, the 1 million-square-foot DUO project includes some 21,500 square feet of green space.

Arriba Secures $41M for Atlanta Dual-Branded Marriott

The 194-key Fairfield Inn & Suites and Towneplace Suites will feature seven stories set atop a 220-space, five-story parking deck.

NKF Capital Markets Taps New President of Strategies

Anthony Orso will be responsible for supporting the integration of Berkeley Point Capital with ARA, two companies the firm recently acquired.

AVE Aviation & Commerce Center

Miami-Area Business Park Hits Full Occupancy

CPF Investment Group’s master-planned AVE Aviation & Commerce Center is home to roughly 30 tenants, including Goodyear, USPS and Turbopower Rolls Royce MRO.

Kraft Heinz Sells 107-Acre Boston-Area Industrial Property

The development is situated on the northern outskirts of Boston and is one of the only sites in the area that can accommodate users from 300,000 to 700,000 square feet.

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.

Economy Watch: Consumer Confidence Buoys Industrial Sector

The U.S. industrial real estate market enjoyed its eighth consecutive year of growth, according to Transwestern’s year-end national report on the sector.