INDUSTRY NEWS
HYUNDAI SET TO BUILD ANOTHER MULTI-BILLION DOLLAR PLANT IN GA
Hyundai Motor Group and LG Energy Solutions are partnering on a new $4.3B electric vehicle battery plant in Bryan county. It will be the second plant of its kind in Georgia built by Hyundai. Read More
$532M IOS INVESTMENT HIGHLIGHTS HOT MARKET FOR UPCOMING INDUSTRIAL SECTOR
Realterm, a global investment manager focused on transportation, raised $532M to recapitalize a national industrial outdoor storage portfolio. Industrial outdoor storage is seen as a rising niche market in the CRE sector. Read More
TRANSACTIONS
LITTLE ROCK, AR – BOX EQUITIES ACQUIRES COLD STORAGE FACILITY
Box Equities expanded on its industrial real estate portfolio with the acquisition of a cold storage facility in Little Rock, AR. It’s currently 100% occupied by Performance Food Group. Read More
ATLANTA, GA & MEMPHIS, TN – MDH ACQUIRES TWO-BUILDING PORTFOLIO
MDH Partners announced the acquisition of the two-building, 1.4M-square-foot industrial portfolio across the Atlanta and Memphis markets. Read More
GLENDALE, AZ – $81.7M ACQUISITION OF INDUSTRIAL ASSET
Cushman & Wakefield advises $81.7M Sale and acquisition financing for 599,486 SF industrial asset in Glendale, AZ. Read More
PHOENIX, AZ – KKR BUYS TWO INDUSTRIAL PROPERTIES FOR $250M
Global investment firm, KKR, acquired two newly constructed industrial properties in Phoenix and Atlanta respectively. Read More
FORT MILL, SC – GROWTH CAPITAL PARTNERS, HIGHLINE REAL ESTATE BUY INDUSTRIAL BUILDING
Growth Capital Partners and Highline Real Estate acquired a 478K-square-foot industrial building in Fort Mill, SC. Read More
DENVER, CO – EVERWEST INKS INDUSTRIAL DEAL FOR NEARLY $40M
EverWest acquires Central Connection industrial project in Denver for $39.6M. Read More
QUOTE OF THE WEEK
“A particular focus for us now over the past six, seven weeks now and going forward is going to be what’s happening with credit tightening.” – Fed Chair Powell