Industrial property

Highways help increase the value of industrial properties

For industrial properties, you follow the highways,” Managing Partner of Raine & Horne International Zaki + Partners Sdn Bhd, James Tan Keen Meng, told attendees of a webinar titled “Solidarity Beyond 2021,” organized for real estate professionals on July 12. He explained to the more than 150 participants how the highway network in general had […]

Industrial property

Faropoint Acquires 64,000 Square Foot Industrial Property in Franklin Park

Faropoint announced the purchase of a 64,002 square foot, 3.1 acre industrial facility located at 3325 Mount Prospect Road, Franklin Park, IL. Tyler Ziebel, Steven Disse and Jeffery Devine of Colliers represented the seller in the transaction, which closed on July 15, 2021. Faropoint was not represented in this transaction. “This project is our second […]

Industrial property

Sanchez seeks to pressure owners of vacant commercial and industrial properties

Sanchez seeks to ratchet up the pressure on owners of empty sites FREMONT — Economic development is a never-ending challenge, whether it’s filling empty buildings with businesses or finding the right piece of land that could support a new industrial park. When it comes to vacant commercial and industrial buildings in the city, the goal […]

Industrial property

SparrowHawk Real Estate Acquires 272,882 Square Foot Industrial Property in Kansas

After entering the Kansas City market over 90 days ago, Sparrowhawk Real Estate acquired another building, the newly completed first building in the Heartland Logistics Park in Shawnee, Kansas. Financial terms of the transaction were not disclosed. John Stafford, executive vice president, and Ed Elder, president of Colliers represented the seller and developer of the […]

Industrial property

Staley Point Capital acquires industrial property of Chatsworth for $9 million

LOS ANGELES, July 22, 2021 /PRNewswire/ — Staley Point Capital (“Staley Point“), a value-added investor focused on industrial properties in Southern California, today announced the acquisition of Prairie, a 42,000 square foot, fully leased, infill industrial property located in the submarket of West San Fernando Valley, in North LA, for $9 million ($214 per square […]

Industrial property

State-owned industrial property along the US 75 corridor changes hands

Based in Dallas Capital of Preston Forrest redirects its focus from commercial real estate to industrial. The company purchased a 518,700 square foot industrial property at 1400 W. FM 1417 from Sherman for an undisclosed price. The property sits on 70 acres and is located 40 miles north of Dallas-Fort Worth, west from U.S Highway […]

Industrial property

Industrial Property Plunges in East Tennessee

Jay Cobble | Guest columnist “Be the first,” says real estate agent Laura Slyman when buying a home Realtor Laura Slyman of Slyman Real Estate says to be first and be quick when bidding on a home in a competitive real estate market. Knoxville News Sentinel A young commercial real estate broker’s dream is a […]

Industrial property

Downtown industrial property sells for $94 million

The Box Yard, a 261,528-square-foot downtown industrial property, sold for $94 million.Brentwood-based Rexford Industrial Building Inc. purchased ownership of four buildings at 2445 E. 12th St. from Industrial Bridge.Bridge Industrial had purchased the property for $68 million in 2019 and completed capital improvements worth $4 million.Renovations have included the interior and exterior of the property. […]