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Rockefeller Picks Up 34-Acre Glendale Warehouse SiteRockefeller Group purchased a 34.1-acre logistics site in Glendale, Arizona, from IndiCap and its capital partner.
Ramrock Planning 930K-SF Logistics Park at Former FW MallRAMROCK Real Estate acquired Ridgmar Mall (shown) and plans to redevelop the property as Ridgmar 30 Logistics Crossing, a six-building Class A development totaling approximately 930,960 square feet.
Representative imageLee & Associates Negotiates 26,600 SF Industrial Lease in Northwest DallasDALLAS — Lee & Associates has negotiated a 26,600-square-foot industrial lease in northwest Dallas. According to LoopNet Inc., the building at 616-626 W. Mockingbird Lane was completed in 1978 and totals 46,400 square feet.
Sagard Acquires Distribution Facility in Baltimore County for $91MROSEDALE, MD. — Sagard Real Estate has purchased a 621,144-square-foot distribution center located at 7001 Quad Ave. in Rosedale, a city in east Baltimore County.
PCCP, Distribution Realty Purchase Industrial Facility in Spring Hill, Tennessee for $51MSPRING HILL, TENN. — A joint venture between PCCP and Distribution Realty Group has acquired a single-tenant industrial facility located at 4637 Port Royal Road in Spring Hill, about 38 miles south of Nashville via I-65.
CapRock Partners Acquires 244,847 SF Industrial Property in Surprise, ArizonaSURPRISE, ARIZ. — CapRock Partners has purchased Summit at Surprise, a newly completed, 244,847-square-foot warehouse located northwest of Phoenix. Summit Surprise features two freestanding Class A buildings on two parcels totaling 16.9 acres.
Representative imageLee & Associates Negotiates 56,780 SF Industrial Lease in Grand Prairie, TexasGRAND PRAIRIE, TEXAS — Lee & Associates has negotiated a 56,780-square-foot industrial lease in Grand Prairie, located roughly midway between Dallas and Fort Worth. The tenant was not disclosed. According to LoopNet Inc., the building at 2401 W.
MAG Capital Partners Acquires 240,000 SF Manufacturing Facility in Metro ChicagoCHICAGO HEIGHTS, ILL. — MAG Capital Partners has acquired a 240,000-square-foot property that serves as the primary headquarters and manufacturing facility for Applied Acoustics International (AAI), a VisTech Manufacturing Solutions business and portfolio company of Angeles…
New York Investor Buys Smyrna Flex WarehouseLM Real Estate Partners acquired Smyrna's 3M industrial property for $27M, reflecting a 40% price surge.
Northern NJ Industrial with Heavy Power Trades to Commerce Park InvestorsResource Realty of Northern New Jersey arranged the sale of a high-utility, standalone industrial facility located at 36 Pine St.in Rockaway, NJ.
Calare JV Trades Repositioned Self-Storage and Warehouse in MaldenCalare Properties completed the sale of 1 Wesley Street in Malden, MA. The approximately 103,300-square-foot property includes a fully renovated self-storage facility, a fully leased industrial warehouse building and a retail kiosk.
Representative imageCIP Real Estate Buys Broward Campus for $99MCIP Real Estate has paid $99 million for an industrial and office park in Broward County, Fla., property records show.
Morgan Stanley Affiliate Pays $59M for Chandler Honeywell Aerospace PlantA Morgan Stanley affiliate paid $59 million for a nearly 200,000-square-foot building in Chandler where Honeywell Aerospace has been a tenant since 2020. The industrial park, Amplify Chandler, was sold by Phoenix Rising Investments.
JLL Negotiates Sale of 767,520 SF Industrial Building in Brookshire, TexasBROOKSHIRE, TEXAS — JLL has negotiated the sale of Twinwood Distribution Center III, a 767,520-square-foot industrial building in the western Houston suburb of Brookshire.
Link Logistics Acquires DFW, Austin WarehousesLink Logistics purchased a two-building industrial portfolio totaling 352,396 square feet in Texas’ Dallas-Fort Worth and Austin metropolitan areas.
Representative imageCabot Properties Sells 2.5 MSF Industrial Portfolio in Chicago, Minneapolis MarketsCHICAGO AND MINNEAPOLIS — Cabot Properties has sold the North Central Portfolio, a collection of 11 industrial buildings totaling roughly 2.5 million square feet across the greater Chicago and Minneapolis markets.
LevRose Commercial Arranges $5.2M Sale of Industrial Flex Building in Mesa, ArizonaMESA, ARIZ. — LevRose Commercial Real Estate has arranged the $5.2 million sale of an industrial flex property located at 4220 E. McDowell Road in Mesa. The 2.3-acre site houses a 20,544-square-foot industrial flex building that was built in 2006.
Blackstone Sells $1B Industrial Portfolio To Atlanta-Based InvestorAn Atlanta-based real estate investment firm is adding $1B in warehouses and distribution centers to its portfolio from Blackstone's Link Logistics.
BGO, Yukon Real Estate Partners Sell 291K-SF Kansas Cold Storage FacilityBGO and Yukon Real Estate Partners announced the sale of New Century Cold Storage, a newly built 291,000-square-foot, plant-attached, rail-served cold storage warehouse in New Century, Kansas, to a MetLife Investment Management client.
PCCP, Stonemont Close on $1B-Plus Acquisition of Blackstone Industrial PortfolioPCCP and Stonemont Financial Group are officially the new owners of a 5.9 million-square-foot industrial portfolio, Commercial Observer can first report.