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Industrial news – page 47
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Gantry Secures $40M Loan for Xebec-Owned Industrial Properties Near Los AngelesVERNON AND PACOIMA, CALIF. — Gantry has secured a $40 million permanent loan to retire maturing debt on two cross-collateralized industrial buildings in Vernon and Pacoima, two active Los Angeles submarkets.
Premier Logistics Properties, PCCP Buy 813,120 SF Industrial Facility in North Las VegasNORTH LAS VEGAS, NEV. — Premier Logistics Properties, in partnership with PCCP, has acquired an infill, big box warehouse at 4550 Nexus Way in North Las Vegas. Terms of the off-market transaction were not disclosed.
Creation to Develop 700,000 SF Industrial Campus in Avondale, ArizonaAVONDALE, ARIZ. — Creation, in partnership with a real estate fund advised by Crow Holdings Capital, has closed on a 38-acre site in Avondale for the development of Avondale Tech Center, a Class A industrial campus. Construction is slated to begin this summer.
NAI Pleasant Valley Brokers Sale of 50,000 SF Industrial Building in Twinsburg, OhioTWINSBURG, OHIO — NAI Pleasant Valley has brokered the sale of a 50,000-square-foot industrial building in Twinsburg, located midway between Akron and Cleveland. The sale of the property at 2300 E. Enterprise Parkway follows the earlier sale of the sister property at 2377 E.
Representative imageBendetti JV Lands $71M Refi for Reno Industrial PortfolioThe collection recently underwent renovations. The post Bendetti JV Lands $71M Refi for Reno Industrial Portfolio appeared first on Commercial Property Executive.
Representative imageJLL Income Property Trust Buys Indianapolis Distribution CenterDaimler Truck North America fully occupies the 600,000-square-foot facility. The post JLL Income Property Trust Buys Indianapolis Distribution Center appeared first on Commercial Property Executive.
Family Office Launches Flex Industrial Strategy in Southwestern CTKloof Capital, a New York-based family office, has acquired a 54,000-square-foot flex industrial property located at 555 Lordship Blvd. in Stratford, CT. Seller and pricing were not disclosed.
$40M Loan Retires Maturing Debt on Two LA Industrial PropertiesGantry has secured a $40-million permanent loan to retire maturing debt on two cross-collateralized industrial buildings in active Los Angeles industrial submarkets. Both recent vintage buildings are 100% occupied with different single-tenant occupiers.
Phoenix Industrial Market Posts Record ResultsThe Greater Phoenix industrial market posted its strongest quarter on record for industrial property investment sales, according to a report released by Colliers.
Terreno Adds to Hialeah Industrial ParkTerreno Realty Corp delivered Countyline Corporate Park Phase IV Building 34 in Hialeah, Fla. Building 34 is a 220,000-square-foot industrial asset.
Gutor Signs 90,000 SF Industrial Lease in Northwest HoustonHOUSTON — Gutor Electronics America has signed an approximately 90,000-square-foot industrial lease in northwest Houston. The U.S.
Dunleer Acquires Multi-Tenant Industrial Building in Van Nuys, California for $10.5MLOS ANGELES — Los Angeles-based Dunleer has purchased a multi-tenant industrial building located at 7502-7536 Tyrone Ave. in the Van Nuys neighborhood of Los Angeles for $10.5 million, or $307 per square foot, in an off-market transaction. The name of the seller was not released.
Reclamation Partners Acquires Single-Tenant Industrial in Sale-LeasebackReclamation Partners, in partnership with EOZ Ventures, acquired a 33,619-square foot light industrial building located at 1023 Turnpike St., Stoughton, MA, within Boston’s infill Route 128 South industrial submarket.
Logistics Firm Starts Work on 600K-SF Denver-Area Industrial ParkLogistics Property Co. has broken ground on Eagle 25 Logistics Center, a 600,000 square foot logistics center consisting of three buildings, in Thornton, Colo.
Capital Square Lands $105M Refi for Newly-Built Raleigh Rental AssetCapital Square obtained a $105 million loan to refinance Maeve, a newly delivered 297-unit luxury high-rise community located in an opportunity zone in the heart of Raleigh’s Warehouse District. Walker & Dunlop Capital Markets Real Estate Finance arranged the refinance.
Representative imageBradford Negotiates Sale of 20,298 SF IOS Facility in Southeast Fort WorthFORT WORTH, TEXAS — Bradford Commercial Real Estate Services has negotiated the sale of a 20,298-square-foot IOS (industrial outdoor storage) facility in southeast Fort Worth. The site at 5251-5255 Wilbarger St.
Representative imageDevli Real Estate Buys 37,000 SF Industrial Building in Leonia, New JerseyLEONIA, N.J. — New Jersey-based investment firm Devli Real Estate has purchased a 37,000-square-foot industrial building in Leonia, located in Bergen County.
Stonemont Purchases 216,400 SF Industrial Facility in Mableton, GeorgiaMABLETON, GA. — Stonemont, a private industrial real estate investment firm based in Atlanta, has acquired a 216,400-square-foot industrial service facility (ISF) located in Mableton, approximately 15 miles northwest of downtown Atlanta.
Representative imageGoodwill Signs 54,189 SF Warehouse Lease at Former Tervis Headquarters in Venice, FloridaVENICE, FLA. — Goodwill Industries-Manasota, an affiliate of nonprofit retailer Goodwill, has signed a 54,189-square-foot flex lease at the former Tervis headquarters located at 201 Triple Diamond Blvd. in Venice.
PSRS Arranges $6.5M Refinancing for Flex Industrial Property in Carlsbad, CaliforniaCARLSBAD, CALIF. — PSRS has arranged $6.5 million in refinancing for a flex industrial property in Carlsbad. Constructed in 1998 and renovated in 2022, the asset consists of two two-story buildings totaling 65,964 square feet of net rentable area.