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Industrial news – page 40
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Representative imageRemedi SeniorCare Signs 10,248 SF Lease Renewal at Flex Building in PlanoPLANO, TEXAS — Remedi SeniorCare of Dallas has signed a 10,248-square-foot lease renewal at 2600 Research Drive, a flex building in Plano.
JLL Arranges Sale of 365,774 SF Industrial Portfolio Near Los Angeles Across Two Separate TransactionsLOS ANGELES — JLL Capital Markets has arranged the sale of Project Bronco, a multi-submarket industrial portfolio in Los Angeles’ San Gabriel Valley and Orange County submarkets.
TruCore Industrial Acquires 71,552 SF Single-Tenant Property in Peoria, IllinoisPEORIA, ILL. — TruCore Industrial, an owner and operator of Class B industrial real estate, has acquired a 71,552-square-foot property in Peoria net leased to HD Supply, a wholly owned subsidiary of The Home Depot.
JLL Closes Industrial Portfolio Sale to Two Separate BuyersJLL Capital Markets said Thursday it had completed Project Bronco, a multi-submarket industrial portfolio totaling 365,774 square feet in Los Angeles’ San Gabriel Valley and Orange County submarkets.
TruCore Industrial Acquires Single Tenant Property in PeoriaTruCore Industrial has acquired a 71,552-square-foot, single-tenant, net-leased industrial property occupied by HD Supply, a wholly owned subsidiary of The Home Depot, located in Peoria, Illinois. The property is located just off North Allen Road and State Route 6.
Hillwood Underway on Two Spec Industrial Buildings Totaling 769,858 SF in North Fort WorthFORT WORTH, TEXAS — Hillwood is underway on construction of two speculative industrial buildings totaling 769,858 square feet at AllianceTexas, the developer’s master-planned community in North Fort Worth.
Lee & Associates Brokers Sale of 20,142 SF Industrial Building in Carlsbad, CaliforniaCARLSBAD, CALIF. — Lee & Associates has negotiated the sale of an industrial property located at 3186 Lionshead Ave. in Carlsbad. The asset traded for $6.3 million.
Mapletree Pays $100M for 97-Acre Future Logistics Site in Central JerseyMapletree Investments has purchased a 96.8-acre development site in Manalapan, N.J., with plans to transform it into a logistics facility.
Representative imageCanTex Capital Sells Majority Interest in 1.3 MSF Dallas-Fort Worth Industrial PortfolioDALLAS — Locally based investment firm CanTex Capital has sold its majority interest in a portfolio of 20 shallow-bay industrial properties totaling approximately 1.3 million square feet in Dallas-Fort Worth. Ther percentage and sales price were not disclosed.
Representative imageColliers Brokers Sale of 69,363 SF Industrial Building in IrvingIRVING, TEXAS — Colliers has brokered the sale of a 69,363-square-foot industrial building in Irving. The site at 7815 Jetstar Drive houses Building 1 within TriStar Business Park, a master-planned development.
NAI DiLeo-Bram Brokers $18.2M Sale of Industrial Building in Edison, New JerseyEDISON, N.J. — NAI DiLeo-Bram has brokered the $18.2 million sale of a 50,400-square-foot industrial building in the Central New Jersey community of Edison. The building at 80 Executive Ave.
Representative imageIndustrial Demand Turns the Corner in Q1A Savills report predicts stronger demand for the rest of the year, but energy is a wild card. The post Industrial Demand Turns the Corner in Q1 appeared first on Commercial Property Executive.
Gantry Secures $22M Refinancing for Single-Tenant Industrial Building in PhoenixPHOENIX — Gantry has secured a $22 million permanent loan to refinance maturing debt on a single-tenant industrial building located at 6600 W. Latham St. in Phoenix.
Brennan Investment Group Acquires 64,020 SF Industrial Property in DenverDENVER — Brennan Investment Group has purchased an industrial building located at 4881 Ironton St. in Denver. Terms of the transaction were not released.
Representative image2.2 MSF Campus Underway in NashvilleFour buildings are set to rise within the logistics park. The post 2.2 MSF Campus Underway in Nashville appeared first on Commercial Property Executive.
Mapletree Acquires Central NJ Land for 953K-SF Logistics DevelopmentMapletree Investments has acquired a 96.8-acre site at 370 Smithburg Rd. in Manalapan, NJ, where it plans to develop a 952,720-square-foot logistics facility. Completion is expected in the first quarter of 2028.
SURMOUNT Facilitates $12M Net Lease Transaction of Kentucky FedEx Ground FacilitySURMOUNT, a net lease real estate advisory and investment platform, arranged the sale of an 82,754-square-foot FedEx Ground distribution facility located at 2500 Eich Road in Paducah, Kentucky.
Representative imageArtist Romero Britto to Expand Compound in Miami’s Little RiverRomero Britto has expanded his art studio in Miami’s Little River neighborhood. The Brazilian artist and sculptor paid $5.2 million for a 57,187-square-foot industrial building, according to Jason Zarco of the Percal Zarco Group, who represented the buyer.
Realterm Acquires Bronx IOS Site at 935 Garrison AvenueRealterm, a global investment manager that focuses on the transportation industry, has announced the acquisition of 935 Garrison Avenue, a 1-acre industrial outdoor storage (IOS) site in the Bronx’s Hunts Point neighborhood.
SEG Solar Investing $200M in Houston Plant ExpansionSEG Solar will establish a new 4-gigawatt (GW) solar manufacturing facility in Houston. Building on its first 2 GW solar module factory, this expansion will increase SEG’s total annual U.S. module production capacity to approximately 6 GW.