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Gantry Secures $18M in Financing for Gateway Quads Industrial Property in Mesa, ArizonaMESA, ARIZ. — Gantry has secured an $18 million permanent loan as construction takeout financing following the development and lease-up of Gateway Quads, an industrial park in Mesa. Located at 8150 E.
Realty Income Acquires Mission-Critical Poway IndustrialCBRE arranged the $43.3-million sale of a 133,844-square-foot light industrial and manufacturing facility located at 13100 Danielson St. in Poway. Realty Income acquired the property.
13 DFW Warehouse Properties Change HandsMapletree Investments sold a 1,379,424-square-foot mid-shallow bay industrial portfolio to Dalfen Industrial for $207.5 million. This transaction marks the Group’s fifth U.S.
Representative imageDalfen Industrial Acquires 1.4 MSF Portfolio in Dallas, Midwest for $207.5MDALLAS — Locally based investment firm Dalfen Industrial has acquired a portfolio of 19 industrial properties totaling approximately 1.4 million square feet, the majority of which (13) are located in the Dallas area. The sales price was $207.5 million.
Representative imageBlackstone Provides $851M Refi for 17-Asset U.S. Industrial PortfolioCBRE Investment Management, the independently owned investment arm of global brokerage CBRE, has secured $850.5 million to refinance a 17-asset portfolio of Class A industrial facilities spread throughout the U.S., Commercial Observer can first report.
Realty Income Acquires Industrial Facility in Poway, California for $43.3MPOWAY, CALIF. — Realty Income has purchased a light industrial and manufacturing facility, located at 13100 Danielson St. in Poway, for $43.3 million. Hunter Rowe, Brian Russell, Michael Longo and Matt Carlson of CBRE represented the undisclosed seller in the deal. Situated on 7.
Maersk Signs 233K-SF Lease at NJ’s Linden Logistics CenterThe sponsorship team at New Jersey’s Linden Logistics Center has secured a new tenant for more than a quarter of a million square feet of Class A industrial space.
Colliers Arranges La Mirada Lease Renewal for Landlord BrookfieldColliers arranged a five-year lease renewal valued at approximately $21 million on a 248,105-square-foot industrial property located at 14555 Alondra Blvd. in La Mirada. Senior EVP Chuck Wilson represented the landlord, Brookfield Properties.
Monday Properties, KPR Refi Westchester IndustrialMonday Properties and KPR Centers secured the $19.5-million refinancing of 1 Half Moon Bay Dr., a 118,911-square-foot single-tenant industrial distribution facility in Croton-on-Hudson, NY.
Entre Commercial Realty Completes 24K-SF Industrial LeaseEntre Commercial Realty LLC arranged a lease of 26,260 square feet of industrial space at 909-911 Orchard Street in Mundelein, Illinois.
Mapletree Sells 1.4M-SF Warehouse Portfolio to Dalfen Industrial for $208MMapletree Investments has secured its fifth U.S. warehouse portfolio divestment in 10 months. The Singapore-based investment and development firm — which had $60.1 billion in assets under management in the U.S.
Mangat Staking $250M on Small-Bay Phoenix WarehousesThe Mangat Group expects to invest more than $250 million across four planned small-bay industrial developments in the Phoenix metro area.
Representative imageSLDM Commercial Completes Phase II of 137,550 SF Industrial Project in Kyle, TexasKYLE, TEXAS — SLDM Commercial Properties has completed construction of Phase II of Dacy Business Park, a 137,550-square-foot industrial project in the southern Austin suburb of Kyle.
RAF Pacifica Group Sells Rivian-Occupied Industrial Property in Vista, CaliforniaVISTA, CALIF. — RAF Pacifica Group, in partnership with CenterSquare Investment Management, has completed the disposition of an industrial building located at 3280 Corporate View in Vista. Terms of the transaction were not released.
Avison Young Arranges Sub-Leasehold Mortgage for Navy Yard’s Green Manufacturing CenterAvison Young secured a $30-million sub-leasehold mortgage loan on behalf of an entity controlled by the Brooklyn Navy Yard Development Corporation (BNYDC) for the Green Manufacturing Center at the Brooklyn Navy Yard, a set of three buildings totaling 250,680 square feet of light…
JLL Lists Central NJ Industrial for Lease or SaleJLL’s Northeast Industrial team has been retained by SkyREM as the exclusive agent for 1330 Campus Pkwy., a 277,806-square-foot industrial facility available for sale or lease in Wall Township, NJ.
Representative imageIndustrial Campus Doubles in Value After $163M Sale to BlackstoneBlackstone acquired a warehouse campus in Pompano Beach, Fla., for $163.1 million — more than twice what it last sold for 10 years ago — in South Florida’s largest industrial deal so far this year, property records show.
Webster Bank Lends $30M for Brooklyn Navy Yard Manufacturing CenterThe Brooklyn Navy Yard Development Corporation (BNYDC) has sealed a $30 million sub-leasehold mortgage loan for its Green Manufacturing Center (GMC) property, Commercial Observer has learned.
Representative imageRockpoint Picks Up North Carolina PortfolioThe six-building collection is located in two high-growth industrial markets. The post Rockpoint Picks Up North Carolina Portfolio appeared first on Commercial Property Executive.
H.G. Fenton Buys 210,871 SF Kearny Mesa West Industrial Park in San DiegoSAN DIEGO — H.G. Fenton has purchased Kearny Mesa West, a multi-tenant industrial business park in San Diego, from CIM Group for an undisclosed price. Hunter Rowe, Joe Cesta, Eric Cox and Matt Carlson of CBRE represented the seller in the deal.