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Bridge Logistics Acquires Fontana Warehouse in Off-Market DealBridge Logistics Properties (BLP), a subsidiary of Bridge Investment Group Holdings LLC, has acquired a 133,115-square-foot Class A distribution facility at 10740 Banana Ave. in Fontana, within the Inland Empire West submarket.
Representative imageBrookfield Sells Broward County Warehouses for $78MBrookfield Properties sold an industrial campus in Broward County, Fla., for $77.6 million, more than double what the investment giant paid seven years ago, property records show.
Representative imageColliers Brokers Sale of 158,380 SF Castle Rock Industrial Property in ColoradoCASTLE ROCK, COLO. — Colliers has arranged the sale of Castle Rock Industrial at The Meadows, an industrial asset in Castle Rock. Saunders Commercial Development Co.
Two Orlando Industrial Properties Change HandsBasis Industrial and One Investment Management purchased two Orlando industrial properties as part of a shallow bay industrial portfolio. Three other properties in the portfolio are in the Atlanta. The price was $144.6 million.
Representative imageBradford Negotiates Sale of 40,670 SF Industrial Building in Grand Prairie, TexasGRAND PRAIRIE, TEXAS — Bradford Commercial Real Estate Services has negotiated the sale of a 40,670-square-foot industrial building in Grand Prairie, located roughly midway between Dallas and Fort Worth.
Rare-Earth Magnet Maker to Construct $918M Raleigh-Area PlantVulcan Elements paid $8 million for 56 acres in Benson to build a rare-earth magnet manufacturing plant. The Triangle Business Journal reports Vulcan will invest $918 million in the plant, which could create up to 1,000 jobs. Benson is about 30 miles south of Raleigh.
CBRE Brokers Sale of 126,335 SF Flex Industrial Property in MilwaukeeMILWAUKEE — CBRE has arranged the sale of a five-building, 126,335-square-foot flex industrial property in Milwaukee. Minnesota-based Brait Capital purchased the property from Oyster Two Wisconsin Owner LLC for $6 million.
Representative imageOpus’ New Industrial Park Gets 1st OccupantAn engineering company has bought a 47-acre parcel at this Indianapolis-area property. The post Opus’ New Industrial Park Gets 1st Occupant appeared first on Commercial Property Executive.
Panattoni Buys $9M Site in North Bend for Industrial DevelopmentPanattoni Development Company has acquired 32 acres just outside of the Seattle metropolitan area for $9 million, with plans for a multi-building industrial project.
Kurv Industrial Acquires South Florida Industrial Park for $220MPOMPANO BEACH, FLA. — Kurv Industrial, formerly known as Bridge Industrial, has acquired East Pompano Industrial Center, a five-building industrial park in South Florida’s Broward County.
Kurv Pays Nearly $220M for Pompano Beach Industrial ParkKurv Industrial acquired the East Pompano Industrial Center for $219.7 million. Kurv says that makes it South Florida’s largest industrial deal of the year. The seller was QuadReal Property Group.
Industrial Trades in Tight East San Fernando Valley SubmarketColliers arranged the sale of a 113,500‑square‑foot industrial building located at 12224 Montague St. in Pacoima, within the East San Fernando Valley/North Los Angeles submarket. Terms were not disclosed.
Basis Industrial, OneIM Acquire Industrial Portfolio in Orlando, Metro Atlanta for $144.6MDELRAY BEACH, FLA. — A joint venture between Delray Beach-based Basis Industrial and global investment management firm One Investment Management (OneIM) has purchased an industrial portfolio in the Orlando and Atlanta markets.
Representative imageMatthews Negotiates $15.8M Sale of Industrial Facility in Columbia, TennesseeCOLUMBIA, TENN. — Matthews has negotiated the $15.8 million sale of a 162,934-square-foot industrial facility located on 15.5 acres at 2206 Oakland Parkway in Columbia, a city in Middle Tennessee’s Maury County.
Partnership Acquires 113,500 SF Industrial Building in North Los AngelesLOS ANGELES — A partnership between Slater Harding Partners, Foundation Capital Partners and Sierra Ridge Capital has purchased an industrial building, located at 12224 Montague St. in the Pacoima submarket of North Los Angeles, for an undisclosed price.
Multi-Story Warehouse Sale Sets Pricing Benchmark for LICMarcus & Millichap recently closed the sale of 43-10 21st St., a two-story industrial property in Long Island City, Queens. The asset sold for $14.5 million.
Mid Atlantic Port Services Acquires Industrial Warehouse in MarylandMacKenzie Commercial Real Estate Services has brokered the sale of 6101 E. Lombard Street, a 30,253 square foot industrial warehouse building in Baltimore City, to Mid Atlantic Port Services for $5.7 million.
JV Picks Up Atlanta/Orlando Warehouse Portfolio for $144.5MBasis Industrial and One Investment Management acquired an 839,001-square-foot shallow bay industrial package spanning the Atlanta and Orlando markets for $144.6 million. Albany Road Real Estate Partners was the seller.
Representative imageBrennan Acquires Two Industrial Buildings in Metro Nashville Totaling 225,000 SFGOODLETTSVILLE, TENN. — Brennan Investment Group has acquired two newly constructed distribution facilities located at 1022-1024 Louisville Highway in Goodlettsville, a northern suburb of Nashville. The seller and sales price were not disclosed.
Western Realco Acquires Anaheim Development Site from RexfordJLL has completed the sale of a fully entitled 12.14-acre industrial site, located on East Vermont Avenue in Anaheim, to Western Realco for $40.7 million.