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JLL Arranges $26M Bridge Financing for Industrial Outdoor Storage Facility in AnaheimANAHEIM, CALIF. — JLL Capital Markets has arranged $26 million in bridge financing for a 7.75-acre industrial outdoor storage facility located at 1477 N. Jefferson St. in Anaheim.
Lee & Associates of IL Negotiates 41K-SF Industrial Lease in ElginLee & Associates has negotiated a new lease on a 40,873-square-foot unit at 300 Airport Road in Fox River Business Center, Elgin, Illinois.
Lee & Associates of Illinois Negotiates 41K-SF Industrial Lease in ElginLee & Associates has negotiated a new lease on a 40,873-square-foot unit at 300 Airport Road in Fox River Business Center, Elgin, Illinois.
Dedeaux Set to Break Ground on Class A Industrial at Tejon RanchTejon Ranch Co. and Dedeaux Properties are preparing to break ground on a 510,385-square-foot Class A industrial facility within the 20-million-square-foot Tejon Ranch Commerce Center (TRCC) in the Kern County community of Lebec, approximately 75 miles north of Los Angeles.
Representative imageGantry Arranges $60M Loan for Refinancing of Fort Worth Industrial BuildingFORT WORTH, TEXAS — San Francisco-based intermediary Gantry has arranged a $60 million loan for the refinancing of a 1.4 million-square-foot industrial building in Fort Worth.
Alta Warehousing Signs 392,066 SF Industrial Lease in Wilmer, TexasWILMER, TEXAS — Alta Warehousing & Logistics has signed a 392,066-square-foot industrial lease in Wilmer, a southern suburb of Dallas.
Representative imageFinial Group Negotiates 24,150 SF Industrial Lease in Pasadena, TexasPASADENA, TEXAS — Local brokerage firm Finial Group has negotiated a 24,150-square-foot industrial lease in Pasadena, an eastern suburb of Houston. The tenant is Paton Engineers & Constructors, and the space is located within the building at 218 N.
Averitt to Build $200M Industrial Campus Near Charlotte AirportCHARLOTTE, N.C. — Averitt, a transportation and supply chain management company based in Cookeville, Tenn., has announced plans to develop a regional logistics campus near Charlotte Douglas International Airport.
Representative imageWebster Bank Provides $33.2M Refinancing of Industrial Property in South Windsor, ConnecticutSOUTH WINDSOR, CONN. — Webster Bank has provided a $33.2 million loan for the refinancing of a 315,000-square-foot industrial property in South Windsor, located northeast of Hartford. The distribution building at 456 Sullivan Ave.
Representative imageIPA Capital Markets Secures $116.5M Construction Loan for Pacific Northwest Industrial PropertyLOS ANGELES — IPA Capital Markets, a division of Marcus & Millichap, has arranged $116.5 million in financing for the development of a 1.4 million-square-foot industrial property in the Pacific Northwest.
Representative imageGlobal Net Lease to Acquire Modiv Industrial in $535M MergerTwo industrial real estate investment trusts (REITs) have come to a $535 million merger agreement.
CapRock Building $483K-SF Dallas-Area Warehouse FacilityCapRock Partners Management has broken ground on Clay Road Business Park in Sunnyvale, about 15 minutes east of Dallas. The project will include three buildings totaling 483,128 square feet. Vertical construction is expected to begin this summer.
California’s Tejon Ranch Cashes In on Industrial TrendsWhile Los Angeles and the Inland Empire deal with rising warehouse availability, the larger industrial market is sprawling out and pushing into some of California’s alternative submarkets.
Primo Brands Commits to First Building at Taunton Industrial RedevelopmentSilver City Business Park, an industrial redevelopment of the former Silver City Galleria in Taunton, MA, has secured its first tenant.
Goodman Launches Leasing at 1.6M-SF Inland Empire West Logistics CampusGoodman said Monday it is now leasing Goodman Logistics Center Rancho Cucamonga, reportedly the largest contiguous logistics campus currently available in the Inland Empire West.
Global Net Lease to Acquire Modiv Industrial in All-Stock $535M DealGlobal Net Lease, Inc. (GNL) and Modiv Industrial, Inc, announced on Monday a definitive merger agreement under which GNL will acquire Modiv in an all-stock transaction valued at an enterprise value of approximately $535 million.
Representative imageOxford Partners Arranges 11,057 SF Industrial Lease in Northwest HoustonHOUSTON — Locally based brokerage firm Oxford Partners has arranged an 11,057-square-foot industrial lease in northwest Houston. According to LoopNet Inc., the building at 13805 West Road was completed in 2000 and totals 61,600 square feet.
Representative imageHavener Cos. Secures 93 KSF Fort Worth Industrial LeaseA specialty metals fabricator will occupy the historic Dr Pepper bottling facility. The post Havener Cos. Secures 93 KSF Fort Worth Industrial Lease appeared first on Commercial Property Executive.
Logistics Firm Signs for 156K SF with CIM GroupThe Klabin Company/CORFAC International represented Columbia Container Lines LAX, Inc. in a 68-month lease transaction for a 156,096-square-foot industrial property located at 691-701 Burning Tree Rd.
IPA Capital Markets Arranges $116M Construction Financing for PNW Industrial PropertyIPA Capital Markets, a division of Marcus & Millichap, has arranged $116.52 million in financing for the development of a 1.4 million-square-foot industrial property in the Pacific Northwest.