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Industrial news – page 58
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Representative imageCiti Experts Believe Demand, Better Fundamentals Will Spur REIT Growth in 2026The national real estate investment trust (REIT) sector is expected to go through major changes in 2026, with more mergers and acquisitions on the horizon, demand for data centers to continue unabated, and industrial assets to experience a long-awaited upward pressure on rents,…
Representative imagePGIM Provides $103M Acquisition Financing to Alterra IOS to Buy 23 U.S. AssetsAlterra IOS keeps making moves to bolster its U.S. industrial portfolio. The firm secured $103 million in acquisition financing Monday to facilitate its purchase of 23 industrial outdoor storage (IOS) properties across 18 U.S. markets, Commercial Observer can first report.
Prologis Adding On To Massive La Porte Logistics ParkPrologis broke ground on the final phase of a speculative development within its La Porte, TX, industrial and logistics park, Port Crossing Commerce Center.
Gwinnett County Seeking Redevelopment Ideas for 106-Acre Industrial SiteThe Urban Redevelopment Agency of Gwinnett County is looking to reposition a mostly dormant 106-acre industrial property. The site is located just outside the city of Norcross next to Lightera’s optical fiber manufacturing campus.
Baer Manufacturing Signs 606,000 SF Industrial Lease in Georgetown, TexasGEORGETOWN, TEXAS — Baer Manufacturing, an affiliate of Hunt Electric Corp., has signed a 606,000-square-foot, build-to-suit industrial lease in the northern Austin suburb of Georgetown.
Representative imageVelocis Sells 270,000 SF Industrial Property in Bee Cave, TexasBEE CAVE, TEXAS — Velocis, a Dallas-based investment and development firm, has sold West Austin Business Park, a 270,000-square-foot industrial property in Bee Cave, a western suburb of Austin.
APG Buys 250,000 SF North 70 Distribution Center in DurhamDURHAM, N.C. — Atlanta Property Group (APG) has acquired North 70 Distribution Center, a 250,000-square-foot, vacant distribution facility located at 224 N. Hoover Road in Durham. This acquisition marks APG’s first industrial investment in the Durham submarket.
Clear Height Completes Disposition of Elk Grove Village Industrial PropertyClear Height Properties and its joint venture partner Harbert Management Corporation announced the disposition of Triangle Corporate Center, a multi-tenant flex industrial property located at 1400 Elmhurst Road in Elk Grove Village, Illinois.
Colliers Closes Sale of 748K-SF Industrial Facility Near KC AirportColliers has completed the sale of a 748,833-square-foot, modern bulk industrial facility located at 4400 State Route 92 in Platte City, Missouri, within the Kansas City MSA.
Lee & Associates Pacific Northwest Promotes John BrussLee & Associates | Pacific Northwest announced the promotion of John Brussa to principal. Since joining the firm in 2019, he has been instrumental in the continued expansion of the company’s industrial and office platform across King and Pierce Counties.
Representative imageBGO Pays $270M for 1 MSF Industrial AssetJLL Capital Markets arranged the acquisition loan. The post BGO Pays $270M for 1 MSF Industrial Asset appeared first on Commercial Property Executive.
CIRE Equity Acquires 307,883 SF Roscoe Woodley North LA Industrial Campus in Van Nuys, CaliforniaVAN NUYS, CALIF. — CIRE Equity has purchased Roscoe Woodley North LA Industrial Campus, a fully leased industrial property in Van Nuys. Terms of the transaction were not disclosed. Located at 8201-8221 Woodley Ave.
Representative imageBradford Arranges Sale of 124,380 SF Industrial Building in Metro Fort WorthNORTH RICHLAND HILLS, TEXAS — Bradford Commercial Real Estate Services has arranged the sale of a 124,380-square-foot industrial building in North Richland Hills, a northeastern suburb of Fort Worth.
Representative imagePartnership Buys 50,112 SF Industrial Park in Euless, TexasEULESS, TEXAS — A partnership between California-based investment firm Birtcher Anderson & Davis and Baltimore-based ABR Capital Partners has purchased a 50,112-square-foot industrial park in Euless, located near DFW International Airport.
Amazon Buys 143-Acre Industrial Development Site in Florida, New YorkFLORIDA, N.Y. — Amazon has purchased a 143-acre industrial development site in Florida, located about 65 miles northwest of New York City near the New York-New Jersey border. The fully entitled site is located along State Highway 5 and has all major utilities already in place.
Representative imageCushman & Wakefield Negotiates 973,200 SF Industrial Lease in Morrisville, PennsylvaniaMORRISVILLE, PA. — Cushman & Wakefield has negotiated a 973,200-square-foot industrial lease in Morrisville, located near Trenton along the New Jersey-Pennsylvania border. The tenant is an undisclosed provider of warehouse services.
Manufacturing Investment, By the NumbersAmid all the noise about onshoring, reshoring and bringing manufacturing back to the U.S., are the numbers. According to Newmark’s report, “Manufacturing Momentum: Five Years In—Progress, Pressures and New Priorities,” manufacturing investment is doing well.
Thorofare Capital Closes on Loans for SoCal Industrial, Resi ConversionThorofare Capital, a national commercial real estate debt manager and affiliate of Callodine Group, has closed on two floating-rate senior mortgage loans totaling $74.23 million in Southern California.
BKM Enters $150M Strategic Partnership with TriPost CapitalBKM Capital Partners, a vertically integrated institutional fund manager specializing in multi-tenant light industrial real estate, has entered into a $150-million strategic partnership with TriPost Capital Partners, a multi-strategy real estate private equity firm focused on…
Small-Bay Industrial Property Garners “Incredible Interest”Marcus & Millichap finalized the sale of 10 Charlesview Rd., a 9,600-square-foot small-bay industrial property in Hopedale, MA, for $2.05 million.