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Industrial news – page 7
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Bridge Logistics Properties Targets Northern California AssetsBridge Logistics Properties (BLP), a subsidiary of Bridge Investment Group Holdings LLC, is seeking to expand its Northern California portfolio as industrial demand shifts across the region.
Electronics Company Acquires Flex Industrial for Headquarters UseAvison Young said Monday that it represented A-V Services Realty LLC, an electronics and technology company, in the acquisition of a 40,000-square-foot industrial flex property located at 60 E. Rte. 46 in Fairfield, NJ.
J.E. Richards, Maker of Data Center Components, Signs Massive Northern Virginia LeaseA commercial electrical contractor and manufacturer based in the greater Washington, D.C., area has signed a massive industrial lease. J.E.
Representative imagePark Aerospace to Open $65M Manufacturing Facility in Tulsa, Create 100 JobsTULSA, OKLA. — Park Aerospace Corp. (NYSE: PKE) will open a $65 million manufacturing facility in Tulsa, a project that is expected to add about 100 new jobs to the local economy. The square footage was not disclosed.
CBRE Negotiates Sale of Two Industrial Buildings Leased to Tesla in Fort Worth AreaFORT WORTH AND FLOWER MOUND, TEXAS — CBRE has negotiated the sale of two newly constructed industrial buildings in the Fort Worth area that are both leased to Tesla.
Representative imageBridgeInvest Provides $87.9M Acquisition Loan for Industrial Facility in San FranciscoSAN FRANCISCO — BridgeInvest, an investment manager specializing in senior-secured real estate credit, originated an $87.9 million first priority acquisition loan and lease-up of 300 Kansas Street, a six-story Class A research and development property in San Francisco’s Mission…
Sagard Real Estate Acquires 133,750 SF Industrial Property Near SeattleTUKWILA, WASH. — Sagard Real Estate has purchased 1100 Andover Park West, an industrial asset in Tukwila, approximately 12 miles south of Seattle.
Representative imageSeefried Underway on 520,000 SF Spec Industrial Park in Des Plaines, IllinoisDES PLAINES, ILL. — Seefried Industrial Properties has completed demolition and is underway on a three-building, 520,000-square-foot industrial development in Des Plaines.
Industry Experts on the Challenges, Opportunities in Western Industrial Market (VIDEO)“You’ll see requirements out in the market and [tenants] have 10 options, 15 options. So when we get a deal, we have to move fast.
Lineage Suing Solar Company Altus Power Over Boyle Heights Warehouse FireLineage blames Altus Power and Pearce Services for a warehouse fire that burned in the Boyle Heights neighborhood of Los Angeles for a week.
Representative imageLongpoint Buys Miami-Dade Warehouse Portfolio for $195MLongpoint Partners has dropped $195 million on a 10-building industrial portfolio in Miami-Dade County, the Boston-based private equity firm announced. The portfolio, composed of small-bay properties, spans 729,901 square feet across 41 acres.
Representative imageSansone Group Delivers 269,700 SF Industrial Building in Midlothian, TexasMIDLOTHIAN, TEXAS — St. Louis-based developer Sansone Group has delivered Palmer Logistics, a 269,700-square-foot industrial project located in the southern Dallas suburb of Midlothian.
Representative imageOxford Partners Negotiates 10,709 SF Industrial Lease Renewal, Expansion in Northwest HoustonHOUSTON — Locally based brokerage firm Oxford Partners has negotiated a 10,709-square-foot industrial lease renewal and expansion in northwest Houston. According to LoopNet Inc., the building at 8901 Jameel Road was constructed in 1980 and totals 47,510 square feet.
STRO Cos., KRE Group Acquire 120,000 SF Industrial Portfolio in Elmwood Park, New JerseyELMWOOD PARK, N.J. — A partnership between two locally based investment firms, The STRO Cos. and KRE Group, has acquired a portfolio of three industrial buildings totaling approximately 120,000 square feet in the Northern New Jersey community of Elmwood Park.
Prologis Acquires 69 Acres For 1M SF Chicago-Area Industrial DevelopmentPrologis is slated to to develop Minooka Exchange, adding more than 1M SF of logistics space to the Chicago area.
Roadway Moving, Contenur Take Combined 231K SF at Innovo’s 28-90 Review AvenueInnovo Property Group signed expansive leases for two industrial tenants in one of the company’s developments in Long Island City, Queens.
Advanced Manufacturing Tenant Inks Rancho Cordova LeaseNewmark said Thursday the company facilitated a 21,105-square-foot industrial lease on behalf of Nominal Machining at 11415 Folsom Boulevard in Rancho Cordova.
RED Development Buys Former Honeywell Tech CampusRED Development acquired a north Phoenix office complex that may be turned into an industrial park. The site was the former tech campus for General Electric, and then later Honeywell.
Foundry Commercial to Develop 192,000 SF Industrial Project in Fort WorthFORT WORTH, TEXAS — Orlando-based Foundry Commercial will develop Gemini Logistics Center, a 192,000-square-foot industrial project in Fort Worth.
Prologis to Develop 1 MSF Logistics Facility in Minooka, IllinoisMINOOKA, ILL. — Prologis has acquired 69 acres in Minooka within Chicago’s I-80 submarket with plans to develop Minooka Exchange, a 1 million-square-foot logistics facility.