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Industrial: deals – page 16
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EQT Real Estate Divests of 275,243 SF Industrial Building in Temecula, CaliforniaTEMECULA, CALIF. — EQT Real Estate has divested of 41980 Winchester Road, a 275,243-square-foot industrial building located in Temecula. San Diego-based investment company SENTRE acquired the asset for an undisclosed price.
Bradford Arranges Sale of 41,780 SF Industrial Flex Building in Haltom City, TexasHALTOM CITY, TEXAS — Bradford Commercial Real Estate Services has arranged the sale of a 41,780-square-foot industrial flex building in Haltom City, located north of Fort Worth. The facility at 2525 Minnis Drive formerly housed the manufacturing operations of Sunair Products.
LM Acquires Fully-Leased Atlanta-Area Cold Storage FacilityLM Real Estate Partners acquired a newly constructed 99,750-square-foot cold storage facility for $27.5 million. Jones Development was the seller. It’s located at 109 Thompson Road in Hiram, Ga.
JLL Brokers $24.5M Sale of Industrial Service Facility in Edison, New JerseyEDISON, N.J. — JLL has brokered the $24.5 million sale of a 5.5-acre industrial service facility in the Central New Jersey community of Edison.
Representative imageNAI Earle Furman Negotiates Sale of 425 Acres in Upstate South Carolina for $1.2B USA Rare Earth Manufacturing PlantBLACKSBURG, S.C. — NAI Earle Furman has negotiated the sale of approximately 425 acres located at 998 Blacksburg Highway in Blacksburg, a city in Upstate South Carolina’s Cherokee County.
Representative imageDalfen Industrial Acquires 419,253 SF Portfolio in South FloridaFORT LAUDERDALE, FLA. — Dalfen Industrial has acquired a nine-building industrial portfolio in South Florida’s Broward County totaling 419,253 square feet. The Dallas-based investment and development firm purchased the properties at 55 percent replacement cost.
Shallow Bay Industrial Portfolio Trades in East BayNewmark arranged the sale of Sierra Trinity, an 11-building, shallow bay industrial portfolio located in the East Bay city of Dublin.
W. P. Carey Closes 43-Property Sale-Leaseback with GardenCoreNet lease REIT W. P. Carey (WPC) recently closed the sale-leaseback of a 43-property manufacturing portfolio with newly branded GardenCore (formerly Oldcastle Lawn & Garden), a leading U.S. manufacturer of lawn and garden consumables, for a reported $400 million.
Brennan Investment Group Acquires 202,000 SF Manufacturing Facility Near Knoxville, TennesseeVONORE, TENN. — Brennan Investment Group has acquired a 202,000-square-foot manufacturing facility located in the East Tennessee city of Vonore, about 35 miles south of Knoxville. The seller and sales price were not disclosed.
CBRE Arranges Sale of 59.7-Acre Industrial Development Site in Pocatello, IdahoPOCATELLO, IDAHO — CBRE has arranged the sale of a 59.7-acre industrial development site located at 1800 River Park Way in Pocatello on behalf of developer Portneuf Capital. Lex Development acquired the site for an undisclosed price.
JLL Arranges 691,667 SF Industrial Lease in Adairsville, GeorgiaADAIRSVILLE, GA. — JLL has arranged a 691,667-square-foot, full-building lease at International Commerce Center, an industrial facility located northwest of Atlanta in Adairsville. The tenant is Pactra USA Inc., a third-party logistics firm and the U.S.
Representative imageLanCarte Commercial Arranges Sale of 47,000 SF Industrial Portfolio in Fort WorthFORT WORTH, TEXAS — Locally based brokerage firm LanCarte Commercial has arranged the sale of a 47,000-square-foot industrial portfolio in Fort Worth. The portfolio comprises two buildings that are located at 4608 Fairlane Ave. and 4700 S. Edgewood Terrace.
CBRE Brokers Sale of 450,330 SF Industrial building in Monroe Township, New JerseyMONROE TOWNSHIP, N.J. — CBRE has brokered the sale of Eastpoint at Exit 8A, a 450,330-square-foot industrial building in Monroe Township, located in Central New Jersey.
Blackstone’s Link Logistics Sells Light Industrial Portfolio for $1.8BAs the nation’s warehousing space demands shift, a joint venture is putting down $1.81 billion for a 90 percent leased light industrial portfolio across four states.
Partnership Sells 252,000 SF Industrial Park in Lynn, MassachusettsLYNN, MASS. — A partnership between two locally based investment firms, A.W. Perry and Foxfield, has sold Lynnway Industrial Park, a 252,000-square-foot development in Lynn, located on the northeastern outskirts of Boston.
Investment Group Acquires 1.2M-SF Phoenix Industrial ParkMachine Investment Group (MIG), in a joint venture partnership with Miramar Capital and Axonic Capital, acquired The Hub @ 202, a 1,271,390-square-foot, 10-building industrial park located in the Southeast Valley submarket of Phoenix.
JLL Negotiates Sale of 838,446 SF Industrial Facility in Katy, TexasKATY, TEXAS — JLL has negotiated the sale of an 838,446-square-foot industrial facility in the western Houston suburb of Katy.
Partnership Purchases 1.3 MSF Industrial Property in PhoenixPHOENIX — A joint venture between Machine Investment Group, Miramar Capital and Axonic Capital has acquired The Hub @ 202, a 1.3-million-square-foot industrial park in Phoenix. Terms of the transaction were not disclosed.
Dalfen Offloads 1M-SF FW Industrial PropertyCabot Properties acquired The Mark IV, a three-building, 1,025,500-square-foot, Class A industrial portfolio in Fort Worth, Texas. Dalfen Industrial was the seller.
Representative imageStream Realty Negotiates Sale of 33,280 SF Industrial Building in West HoustonHOUSTON — Stream Realty Partners has negotiated the sale of a 33,280-square-foot industrial building in West Houston. The building at 1045 Heritage West Drive was completed earlier this year and features 28-foot clear heights.