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Industrial news – page 9
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Colliers Completes 67K-SF Industrial Lease in MarylandColliers completed a 67,040-square-foot industrial lease at 4780 Winchester Boulevard in Frederick, Maryland. Executive Vice Presidents Thomas Gentner, Brian Siegel and Jason Sullivan represented the landlord in the transaction.
New Details Released for Kent Manufacturing and Innovation CampusGrowing demand from aerospace, defense, space, and emerging technology companies is driving plans for the Kent Manufacturing & Innovation Campus (KMIC), a proposed 9.3-acre industrial development in the Pacific Northwest.
Representative imageWarehouse Near Miami Airport Sells for $21MTerreno Realty has sold a 113,000-square-foot industrial property west of Miami International Airport for $21.3 million, according to a deed made public this week.
PSRS Arranges $14M Loan for Refinancing of Industrial Flex Facility in Irvine, CaliforniaIRVINE, CALIF. — PSRS has arranged a $14 million loan for the refinancing of an industrial flex facility in Irvine. Formerly part of the St.
Representative imageHLCI to Develop 238,000 SF Industrial Project in North Fort WorthFORT WORTH, TEXAS — Holt Lunsford Commercial Investments (HLCI) will develop Meacham 820 Crossing, a 238,000-square-foot industrial project in North Fort Worth.
Newmark Zimmer Arranges 1.4 MSF Industrial Lease in Independence, MissouriINDEPENDENCE, MO. — Newmark Zimmer has arranged a 1.4 million-square-foot lease for a warehousing and distribution tenant at Space Center underground industrial park, which is located at 1500 Geospace Drive in Independence.
Aggregate Acquires Industrial, Retail Portfolio in Northern Virginia for $58MFAIRFAX, VA. — Fairfax-based Aggregate Real Estate Investors has purchased an 11-building retail and industrial portfolio in Northern Virginia from Clarke-Hook Corp. for $58 million.
Houston Industrial Supply Boom Tempered By Lack Of EquityHouston's industrial growth is hindered by equity scarcity, yet demand remains strong. Developments are continuing despite the constraints.
LaSalle IM, Camber Pick Up Long Island Industrial PortfolioA joint venture of LaSalle Investment Management and Camber Real Estate Partners has acquired a three-property industrial portfolio spanning more than 270,000 square feet on Long Island for an undisclosed price.
Northmarq Arranges Refi for Van Nuys Warehouse PortfolioNorthmarq’s Los Angeles Debt + Equity team, led by Zalmi Klyne and Stanley Chu, successfully arranged $6.1 million in permanent financing for three flex/showroom industrial properties located within the Los Angeles metro.
Lincoln Property Co. Sells Two Industrial Buildings at Park303 in Glendale, Arizona for $170.2MGLENDALE, ARIZ. — Dallas-based Lincoln Property Co. has sold two industrial buildings within Park303 in Glendale. Nuveen Real Estate acquired the assets for $170.2 million.
Representative imageIRG Acquires 422,727 SF Distribution Facility in St. Paul, MinnesotaST. PAUL, MINN. — Industrial Realty Group LLC (IRG) has acquired a 422,727-square-foot industrial facility located at 411 Farwell Ave. in South St. Paul. The property formerly served as the headquarters of The Sportsman’s Guide, an online and catalog retailer.
SVN Chicago Commercial Arranges $25.5M Sale of Industrial Property in Lake ZurichLAKE ZURICH, ILL. — SVN Chicago Commercial has arranged the $25.5 million sale of a 210,000-square-foot industrial property located at 1275 Ensell Road in Lake Zurich. Paul Cawthon and Angelo Labriola of SVN represented the seller.
Representative imageLegacy Real Estate Sells 126,108 SF Industrial, Office Building in Dover, New JerseyDOVER, N.J. — Locally based owner-operator Legacy Real Estate Developers has sold a 126,108-square-foot industrial and office building located in the Northern New Jersey community of Dover. The building at 570 Mount Pleasant Ave.
Representative imageNAI DiLeo-Bram Brokers $13.1M Sale of Industrial Flex Building in Kenilworth, New JerseyKENILWORTH, N.J. — NAI DiLeo-Bram (NAIDB) has brokered the $13.1 million sale of a 26,000-square-foot industrial flex building in the Northern New Jersey community of Kenilworth. Completed in 2024, the building at 651 Michigan Ave.
Marcus & Millichap Brokers Sale of $10M Baltimore Industrial PropertyMarcus & Millichap brokered the sale of 6901 Rolling Mill Road, a single-tenant manufacturing facility in Baltimore. The asset sold for $9.96 million.
Vacant Industrial Property in Illinois Trades HandsMarcus & Millichap completed the sale of 421 W. Industrial Ave., a vacant, single-tenant industrial property in Effingham, Illinois.
Logistics Property Lands Tenant for 217K-SF Houston-Area WarehouseLogistics Property Company leased 217,758 square feet of build-to-suit warehouse space at CityPark Logistics Center, Building 7 in Missouri City, Texas, with Standex GRID / Amran Instrument Transformers (Standex GRID / Amran).
Representative imageFinial Group Acquires 21,500 SF Industrial Building in North HoustonHOUSTON — Locally based brokerage and investment firm Finial Group has acquired a 21,500-square-foot industrial building in North Houston. The building at 15375 Vantage Parkway E features 20-foot clear heights, two grade-level doors and four dock-high doors.
JLL Arranges Sale of 10.5 MSF Southeast Industrial Portfolio for EQT Real EstateCHICAGO — JLL has arranged the sale of a 10.5 million-square-foot industrial portfolio in the Southeast. EQT Real Estate is selling the 46-building portfolio to an affiliate of California-based LBA Realty for an undisclosed price.