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Industrial: deals – page 4
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Representative imageLongpoint Buys Miami-Dade Warehouse Portfolio for $195MLongpoint Partners has dropped $195 million on a 10-building industrial portfolio in Miami-Dade County, the Boston-based private equity firm announced. The portfolio, composed of small-bay properties, spans 729,901 square feet across 41 acres.
Representative imageOxford Partners Negotiates 10,709 SF Industrial Lease Renewal, Expansion in Northwest HoustonHOUSTON — Locally based brokerage firm Oxford Partners has negotiated a 10,709-square-foot industrial lease renewal and expansion in northwest Houston. According to LoopNet Inc., the building at 8901 Jameel Road was constructed in 1980 and totals 47,510 square feet.
STRO Cos., KRE Group Acquire 120,000 SF Industrial Portfolio in Elmwood Park, New JerseyELMWOOD PARK, N.J. — A partnership between two locally based investment firms, The STRO Cos. and KRE Group, has acquired a portfolio of three industrial buildings totaling approximately 120,000 square feet in the Northern New Jersey community of Elmwood Park.
Prologis Acquires 69 Acres For 1M SF Chicago-Area Industrial DevelopmentPrologis is slated to to develop Minooka Exchange, adding more than 1M SF of logistics space to the Chicago area.
RED Development Buys Former Honeywell Tech CampusRED Development acquired a north Phoenix office complex that may be turned into an industrial park. The site was the former tech campus for General Electric, and then later Honeywell.
ICP Acquires 680,000 SF Industrial Campus in Shrewsbury, MassachusettsSHREWSBURY, MASS. — Industrial Commercial Properties (ICP) has acquired a 680,000-square-foot industrial campus in Shrewsbury, located in Worcester County. The development at 65 Chestnut St. consists of two buildings that were built in the 1980s.
Basis Industrial Buys Land in Surprise, Arizona for Development of 707-Unit Self-Storage FacilitySURPRISE, ARIZ. — Basis Industrial, a privately held and vertically integrated real estate owner and operator based in Delray Beach, Fla., has acquired a land parcel at 17140 W. Waddell Road in Surprise for the development of a self-storage facility.
Amazon Occupies 312,474 SF Industrial Building in Romulus, MichiganROMULUS, MICH. — Amazon has moved into Building 4 at Romulus Trade Center in Michigan. Contegra Construction completed the 312,474-square-foot industrial building on behalf of NorthPoint Development.
Representative imageStone Bridge Investment Group Acquires 135,303 SF Industrial Portfolio Near Akron, OhioJACKSON TOWNSHIP, OHIO — Stone Bridge Investment Group has acquired a two-building industrial portfolio at 7774 and 7810 Whipple Ave. NW in Jackson Township, south of Akron. The properties total 135,303 square feet.
Berkeley Partners Buys 2 Industrial Buildings For $36M: The Boston Deal SheetBerkeley Partners acquired two industrial buildings in Marlborough and Northborough from McCord Development.
Marcus & Millichap Arranges $10M Sale of Manufacturing Facility in BaltimoreBALTIMORE — Marcus & Millichap has arranged the nearly $10 million sale of a single-tenant manufacturing facility located at 6901 Rolling Mill Road in Baltimore. Dejana Truck & Utility Equipment has occupied the facility for the past 21 years.
Representative imageColliers Arranges Sale of 1.5 MSF Industrial Portfolio in IndianapolisINDIANAPOLIS — Colliers has arranged the sale of the Indianapolis West Infill Industrial Portfolio, a 1.5 million-square-foot, 29-building light industrial portfolio located within the Park 100 and Park Fletcher industrial parks in Indianapolis.
ICP Acquires 427K-SF Corporate Campus in KalamazooIndustrial Commercial Properties LLC (ICP) has acquired 1 Financial Parkway, a three-building, 426,788-square-foot corporate campus situated on 55 acres in Kalamazoo, Michigan.
MDH Buys Warehouse at Busy Laredo PortMDH Partners (MDH) has acquired a 129,301-square-foot, single-tenant industrial facility at 302 Grand Central Blvd. in Laredo, Texas, fully leased to DHL Global Forwarding.
Representative imageWarehouse Near Miami Airport Sells for $21MTerreno Realty has sold a 113,000-square-foot industrial property west of Miami International Airport for $21.3 million, according to a deed made public this week.
Newmark Zimmer Arranges 1.4 MSF Industrial Lease in Independence, MissouriINDEPENDENCE, MO. — Newmark Zimmer has arranged a 1.4 million-square-foot lease for a warehousing and distribution tenant at Space Center underground industrial park, which is located at 1500 Geospace Drive in Independence.
Aggregate Acquires Industrial, Retail Portfolio in Northern Virginia for $58MFAIRFAX, VA. — Fairfax-based Aggregate Real Estate Investors has purchased an 11-building retail and industrial portfolio in Northern Virginia from Clarke-Hook Corp. for $58 million.
LaSalle IM, Camber Pick Up Long Island Industrial PortfolioA joint venture of LaSalle Investment Management and Camber Real Estate Partners has acquired a three-property industrial portfolio spanning more than 270,000 square feet on Long Island for an undisclosed price.
Lincoln Property Co. Sells Two Industrial Buildings at Park303 in Glendale, Arizona for $170.2MGLENDALE, ARIZ. — Dallas-based Lincoln Property Co. has sold two industrial buildings within Park303 in Glendale. Nuveen Real Estate acquired the assets for $170.2 million.
Representative imageIRG Acquires 422,727 SF Distribution Facility in St. Paul, MinnesotaST. PAUL, MINN. — Industrial Realty Group LLC (IRG) has acquired a 422,727-square-foot industrial facility located at 411 Farwell Ave. in South St. Paul. The property formerly served as the headquarters of The Sportsman’s Guide, an online and catalog retailer.