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Industrial news – page 35
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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.
EQT Real Estate Targets $6B Fundraise for U.S. Industrial PropertiesEQT Real Estate has set the target size for EQT Exeter Industrial Value Fund VII at $6 billion.
Kurv Delivers 326K-SF Miami Warehouse ProjectMiller Construction Company completed Bridge Point Miami Station, a new industrial development for client Kurv Industrial. The project, located at 11690 NW 105th Street in Miami, consists of two new ground-up, tilt-wall warehouses totaling 326,448 square feet.
Premier PV Signs 265,400 SF Industrial Lease in Southwest DallasDALLAS — Premier PV, a provider of solar photovoltaic products and services, has signed a 265,400-square-foot industrial lease in southwest Dallas.
Cushman & Wakefield Arranges $56M Construction Loan for Northern New Jersey Industrial ProjectRAHWAY, N.J. — Cushman & Wakefield has arranged a $56 million construction loan for a 277,818-square-foot industrial project in the Northern New Jersey community of Rahway. The 25.6-acre development will consist of two buildings totaling 201,616 and 76,202 square feet.
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.
Hunt Midwest Enters Georgia With 1.9 MSF Industrial Development Near Port of SavannahBLOOMINGDALE, GA. — Hunt Midwest, a premier development firm based in Kansas City, plans to enter Georgia with its new Hunt Crossroads Commerce Center project. The 1.9 million-square-foot industrial development will be located in Bloomingdale, a city near the Port of Savannah.
Trammell Crow Breaks Ground on Plainfield Business Center DevelopmentTrammell Crow Company (TCC) has broken ground on Building 2 of Plainfield Business Center in Plainfield, Illinois, approximately 40 miles southwest of downtown Chicago. The 788,320-square-foot speculative warehouse is scheduled to deliver by the third quarter of 2027.
Lorimer Capital Lends $63M on Jersey City’s Arts & Powerhouse BuildingA historic industrial warehouse turned commercial hub in Jersey City, N.J., has landed a $63 million loan to stabilize the property and whip up new leases.
Center Capital Partners Lands $150M Credit Facility From KeyBank for IOS ExpansionOne of the first commercial real estate investors to embrace industrial outdoor storage is ramping up for its next push with a line of fresh capital.
Representative imageGlory Tempering Glass Signs 77,000 SF Industrial Lease in Bristol, ConnecticutBRISTOL, CONN. — Glory Tempering Glass has signed a 77,000-square-foot industrial lease in Bristol, located southwest of Hartford.
Work Underway on $115M E. Texas Factory ExpansionRoyOMartin, a provider of plywoods, timbers and boards, is underway on $115 million manufacturing expansion project in Corrigan, about 100 miles northeast of Houston.
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.
Lee & Associates’ Report: Industrial and Multifamily Slow, Office Recovers, Retail Demand HoldsThe headline numbers in commercial real estate rarely tell the full story.
Ryan Cos. Breaks Ground on Industrial Development in BellwoodRyan Companies US, Inc., in a joint venture with Washington Capital Management, Inc., announced the financial land closing and start of construction of a 190,000-square-foot speculative industrial facility in Bellwood, Illinois.
Goldman Sachs Picks Up 828K-SF Katy WarehouseGoldman Sachs picked up Grand Central West-Phase I, a newly constructed 838,446-square-foot Class A industrial facility located at 22206 Beckendorff Rd. in Katy, Texas. Pinpoint Commercial and Senterra were the sellers.
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.
RoyOMartin Underway on $115M Manufacturing Expansion Project in Corrigan, TexasCORRIGAN, TEXAS — RoyOMartin, a provider of plywoods, timbers and boards, is underway on $115 million manufacturing expansion project in Corrigan, about 100 miles northeast of Houston.