INDUSTRY NEWS

 

LOOKING INTO THE “WILD SWINGS” OF SMALLER INDUSTRIAL SALES

GlobeSt covers the latest trends with industrial real estate sales and see that some areas that were in high demand are now cooling considerably. Read More

 

LOOK OUT GATEWAY MARKETS, EXPERTS NAME THE LATEST INDUSTRIAL REAL ESTATE HOT SPOTS

Savannah, Las Vegas, Phoenix, and El Paso are among the list of hot industrial real estate markets making a splash in recent times according to GlobeSt’s latest report. Read More

 

$200M SOLAR POWER PLANT PLANNED FOR DALLAS-FORT WORTH AREA

Trina Solar, a Chinese solar energy products maker, is planning a 1 million-square-foot-plus solar manufacturing plant in Wilmer, TX near DFW. Read More

 

TRANSACTIONS

 

SEATTLE, WA – CBC DANFORTH MAKES $14.7M SALE OF INDUSTRIAL PARK OFFICIAL

Coldwell Banker Commercial Danforth recently announced the completion of a $14.7 million industrial park sale in Everett, WA. Read More

 

NEW YORK, NY – STARWOOD JV INKS DEAL FOR $146M INDUSTRIAL RE PORTFOLIO

CBRE arranged the purchase of an industrial real estate portfolio of properties near the JFK Airport in New York for $146 million. Read More

 

BOSTON, MA – INVESTCORP ACQUIRES INDUSTRIAL PROPERTY IN MA FOR $38M

Investcorp has acquired a 206K-square-foot industrial asset in Franklin, MA for $37.5 million. The asset consists of two flex buildings. Read More

 

PHOENIX, AZ – VIAWEST GROUP JV INKS DEAL ON PHX INDUSTRIAL PORTFOLIO

ViaWest Group JV acquired a six-building industrial real estate portfolio in the Phoenix metro area for $97.8 million. Read More

 

NEWARK, NJ – MONROE TOWNSHIP INDUSTRIAL ASSET SOLD FOR $54M

GLP Capital Partners acquired a 203K-square-foot industrial asset in Monroe Township, NJ for $53.8 million from Clarion Partners. Read More

 

WINDSOR, CT – WINSTANLEY ACQUIRES FULFILLMENT CENTER FOR $122M

New England-based Winstanley Enterprises recently purchased a fulfillment center in Windsor, CT for $122.3 million. Read More

 

 

QUOTE OF THE WEEK

“Although inflation has moved down from its peak – a welcome development – it remains too high.”

– Fed Chair, Jerome Powell