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Obrecht Properties Enters North Carolina With Planned 325,550 SF Industrial Development Near Fort BraggFAYETTEVILLE, N.C. — Obrecht Properties LLC has purchased 30 acres adjacent to Fort Bragg, a U.S. military base spanning 160,000 acres in central North Carolina.
Representative imageNewmark Arranges $34.1M Sale of Industrial Facility in East Los Angeles AreaCOMMERCE, CALIF. — Newmark has negotiated the $34.1 million sale of Holland Flower Market, a Class A industrial facility located at 5555 E. Slauson Ave. in Commerce. Jeff Cannon, Sage Segal and Greg Tippin of Newmark represented the undisclosed buyer in the deal.
Representative imageJP Morgan, Freehill Capital Partners Form Industrial Acquisition Joint VentureJ.P. Morgan continues to push its chips into industrial real estate. Commercial Observer can first report that J.P.
CBRE Arranges Sale of Newly Renovated 113K-SF Indiana Industrial PropertyCBRE has arranged the sale of a 112,862-square-foot industrial property located at 3701 S. Main Street in Elkhart, Indiana. Vault Equity Partners purchased the property from Industrial Commercial Properties (ICP).
SVN | Chicago Facilitates Sale of Two-Story Industrial PropertySVN | Chicago Commercial facilitated the sale of an 18,000-square-foot industrial property at 3450 N. Kostner Avenue in Chicago for $1.43 million. Industrial Advisor Tim Newberg represented the seller in the transaction.
CRG Offloads 1.2M-SF Building at Massive Mesa Warehouse FacilityCRG has sold Building C at The Cubes at Mesa Gateway, a 1.2-million-square-foot warehouse. The build-to-suit warehouse is fully leased to Lowe’s serving as a regional hub.
Speed Bay Acquires 13-Building Commerce City Warehouse PortfolioSpeed Bay Warehouse Solutions purchased a 13-building industrial portfolio in Commerce City, Colorado. Park Industrial, a 466,270-square-foot industrial portfolio, is positioned at the intersection of Interstate 270 and 58th Ave. KEW Properties was the seller.
Dalfen Adds 419K-SF Broward County Industrial Portfolio to Warehouse HoldingsDalfen Industrial acquired a nine-building industrial portfolio totaling 419,253 square feet in Broward County. Blackstone and Link Logistics sold the warehouses to Dalfen for $99.6 million.
CRG Sells Industrial Building at 1.2 MSF Cubes at Mesa Gateway in ArizonaMESA, ARIZ. — CRG has completed the sale of Building C at The Cubes at Mesa Gateway, a 1.2 million-square-foot master-planned industrial park in Mesa.
Representative imageCushman & Wakefield | PICOR Brokers Sale of 19,464 SF Industrial Building in TucsonTUCSON, ARIZ. — Cushman & Wakefield | PICOR has brokered the sale of a 19,464-square-foot industrial property located at 451 N. Bonita Ave. in Tucson. An entity doing business as EAW-451 LLC sold the property to Brickyard Investments LP for $2.8 million.
Representative imageNAI DiLeo-Bram Arranges $4.7M Sale of Industrial Building in Somerset, New JerseySOMERSET, N.J. — Locally based brokerage firm NAI DiLeo-Bram has arranged the $4.7 million sale of a 20,269-square-foot industrial building in the Northern New Jersey community of Somerset.
Lee & Associates of Illinois Negotiates Full Building Lease in I-55 CorridorLee & Associates has closed a new lease transaction for a 100,800-square-foot industrial building located at 1215 101st Street in Woodridge, Illinois.
Representative imageHolt Lunsford Negotiates 39,860 SF Industrial Lease in Carrollton, TexasCARROLLTON, TEXAS — Locally based brokerage firm Holt Lunsford Commercial has negotiated a 39,860-square-foot industrial lease in the northern Dallas metro of Carrollton. According to LoopNet Inc., the building at 2425 Camp Ave.
Representative imageCushman & Wakefield Brokers Sale of 256,381 SF Industrial Portfolio in Northern New JerseyCARLSTADT AND EAST RUTHERFORD, N.J. — Cushman & Wakefield has brokered the sale of a portfolio of four industrial buildings totaling 256,381 square feet in the Northern New Jersey communities of Carlstadt and East Rutherford.
Representative imageMarcus & Millichap Negotiates $14.5M Sale of Queens Industrial BuildingNEW YORK CITY — Marcus & Millichap has negotiated the $14.5 million sale of a 40,400-square-foot industrial building in Queens. Constructed in 1931, the fully leased building at 43-10 21st St.
Colliers Brokers Sale of 246,446 SF Logistics Facility in Elgin, IllinoisELGIN, ILL. — Colliers has brokered the sale of a 246,446-square-foot logistics facility located at 2770 Alft Court in Elgin. Jeff Devine, Steve Disse and Tyler Ziebel of Colliers represented the seller, Venture One. A publicly traded REIT was the buyer.
Marcus & Millichap Closes Deal for Bronx Industrial with Redevelopment PotentialMarcus & Millichap recently closed the sale of 935 Garrison Ave., an industrial property in the Bronx. The asset sold for $10,275,000.
Prologis Drops $352M in Top South Florida Industrial Sale This YearPrologis has paid $352.2 million for an almost fully leased warehouse campus in Broward County, making it South Florida’s biggest industrial sale so far this year.
Representative imageCravey Real Estate Arranges Sale of 13,014 SF Industrial Building in Corpus ChristiCORPUS CHRISTI, TEXAS — Locally based brokerage firm Cravey Real Estate Services has arranged the sale of a 13,014-square-foot industrial building in Corpus Christi. The building at 3930 Bratton Road includes 1,000 square feet of office space.
CBRE Brokers $34M Sale of Industrial Portfolio in Palm Beach CountyRIVIERA BEACH, FLA. — CBRE has arranged the $34 million sale of a 180,050-square-foot industrial portfolio in Riviera Beach, a city in South Florida’s Palm Beach County. The portfolio includes two buildings that are located at 1701 Australian Ave. and 2001 Australian Ave.