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Industrial news – page 36
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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.
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.
How Supply Chain Volatility Will Impact Industrial Real EstateHigher fuel costs, tariff uncertainty and geopolitical instability are once again pressuring global supply chains.
Thorofare Provides $46M Senior Mortgage for Tulare WarehouseThorofare Capital, a national commercial real estate debt manager and affiliate of Callodine Group, provided a $46,000,000 floating-rate, interest-only senior mortgage loan to refinance and fund the lease-up of 99 Central Logistics Center, a 554,077-square-foot Class A…
Colliers Adds to Philadelphia Team, Appoints Allie Gaeta SVPColliers announced that Allie Gaeta has joined the firm as senior vice president within its Philadelphia office. Gaeta joins the Williams-Golarz Industrial Team, bringing more than a decade of experience specializing in agency leasing across Central Pennsylvania.
Alaris Aerospace Inks Big Industrial Lease in Palm Beach CountyAlaris Aerospace Systems has signed a 129,000-square-foot lease at Corporate Logistics Center in Jupiter, Fla., landlords Woodmont Industrial Partners and Butters Group announced.
Brennan Investment Group Acquires 55K-SF Industrial Facility in Bolingbrook Via Sale-LeasebackBrennan Investment Group has acquired a 55,000-square-foot Class A industrial building located in Bolingbrook, Illinois.
Funding Program Launches to Expand Massachusetts BiomanufacturingThe Healey-Driscoll Administration and the Massachusetts Life Sciences Center (MLSC) have launched BioBoost, a program intended to provide funding to expand biomanufacturing and medtech advanced manufacturing operations across Massachusetts.
Northwind Forges Institutional Capital Partnership with ATLAS SPNorthwind Group, a Manhattan-based real estate private equity firm and debt fund manager, has formed a $300-million institutional capital partnership with ATLAS SP Partners, the warehouse finance and securitized products business majority owned by Apollo funds.
Walmart Pays $223M for Riverside Cold-Storage FacilityWalmart Realty, a subsidiary of Walmart, has acquired a 507,000-square-foot cold storage facility located at 1001 Columbia Ave. in Riverside, for $223 million.
Formation Moving Forward on $130M McKinney Warehouse SiteFormation has closed on the purchase of 118 acres in McKinney, TX, for a future 715,000-square-foot corporate campus to be named The Gateway at Formation Park (“The Gateway”). Located at the intersection of Laud Howell Pkwy and Hwy 75, The Gateway will consist of six buildings.
Representative imageLanCarte Commercial Negotiates 50,099 SF Industrial Lease in Grand Prairie, TexasGRAND PRAIRIE, TEXAS — Locally based brokerage firm LanCarte Commercial has negotiated a 50,099-square-foot industrial lease in Grand Prairie, located roughly midway between Dallas and Fort Worth. The space is located within Suite 200 at the building at 1201 Avenue S.
Ambrose Breaks Ground on Two-Building Spec Industrial Park in Metro IndianapolisGREENWOOD, IND. — Ambrose has broken ground on Indianapolis Logistics Park – South, a 16-acre, two-building industrial park in Greenwood, a suburb directly south of Indianapolis. Building I will offer approximately 105,000 square feet, including a 2,900-square-foot office area.
The Missner Group Acquires Industrial Portfolio in IndianaThe Missner Group, in conjunction with financial partner Wylie Capital, has acquired three industrial properties totaling more than 840,000 square feet across Northwest Indiana and the Indianapolis market.
Rialto Capital Refis Philly Industrial Property With $119M LoanA joint venture between Elion Partners and Kadima Industrial Partners has sealed a $118.5 million loan to refinance a newly built logistics asset in Philadelphia, Commercial Observer has learned.
TA Realty Buys Back Miami Warehouse Campus for $48MTA Realty bought back an industrial park near Miami International Airport, paying $47.6 million, property records show.
Lovett Building 1.1M-SF Glendale Warehouse VentureLovett Industrial, in partnership with Peakline Real Estate Funds, broke ground on North Park Logistics Center, a 1,140,584-square-foot Class A cross-dock facility being developed on approximately 55.
IPA Arranges $29M in Construction Financing for Northwest Houston Industrial ProjectTHE WOODLANDS, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged $29 million in construction financing for an industrial project in northwest Houston.
Representative imageSmurfit Westrock Signs 78,683 SF Industrial Lease in Northwest HoustonHOUSTON — Smurfit Westrock has signed a 78,683-square-foot industrial lease in northwest Houston. The provider of packaging services is taking space within Patriot Business Park, a three-building, 462,591-square-foot development.
Representative imageCanTex Capital Buys Four Industrial Outdoor Storage Facilities Totaling 47,465 SF in DallasDALLAS — Local investment firm CanTex Capital has acquired four industrial outdoor storage (IOS) facilities totaling 47,465 square feet in the Brookhollow neighborhood of Dallas.