Industrial property

South American investors acquire high-tech industrial property in NJ

CBRE announced that Jeffrey Dunne, Jeremy Neuer, Steve Bardsley, David Gavin, Travis Langer and Zach McHale of CBRE’s Institutional Properties group represented AVR Realty in the $15.6 million sale of 800 Corporate Drive in Mahwah, New Jersey. . 800 Corporate Drive is fully leased to Nobel Biocare and serves as a high precision light assembly […]

Industrial property

Staley Point Capital Acquires Placentia Industrial Property for $15 Million

LOS ANGELES, August 12, 2021 /PRNewswire/ — Staley Point Capital (“Staley Point“), a value-added investor focused on infill industrial properties, today announced the acquisition of 888 Crowther Ave, a 58,000 square foot industrial property in the North County submarket of Orange County, for $15 million ($259 per square foot). Built in 1998, 888 Crowther Ave […]

Industrial property

Rare industrial property in Denver sells for $21 million

According to Cushman and Wakefieldthe Lipan Street industrial park in Denver was sold for $21 million to the New York company IG Logistics LLC, the industrial platform of Imperium Capital. The unique property, totaling approximately 34.4 acres, is located at 6045 Lipan Street and includes an outdoor warehouse, trailer parking, administrative offices, service station and […]

Industrial property

Adams County industrial estate and empty parking lot sells for $21 million

One person’s vacant parking lot next to the freeway is another person’s real estate score, as a $21 million property sale in Adams County shows. IG Logistics bought the Lipan Street industrial park for that sum earlier this summer, according to Cushman & Wakefield, the property firm that worked with the buyer. The approximately 34-acre […]

Industrial property

Pico Rivera’s industrial property sells for $57 million

7255 Rosemead Blvd. in Pico Rivera An industrial property in Pico Rivera has been acquired for $56.5 million by Cohen Asset Management Inc., a Century City-based real estate investment firm. Cohen Asset Management specializes in the industrial and logistics sector. The property is a fully leased logistics facility located at 7255 Rosemead Blvd. “We are […]

Industrial property

How to Capitalize on the Industrial Property Boom

There’s a perfect storm of growing demand for industrial property across Australia right now, and property experts say it shows no signs of abating any time soon. Increased warehousing and logistics space Industrial spaces were already in high demand before the COVID-19 pandemic. However, the accelerated growth of e-commerce and the restructuring of supply chains […]

Industrial property

Berry Hill industrial property hits the market | Development

The Berry Hill property, long home to iconic spread and dip-making company, Ms. Grissom’s Salads Inc., has been put up for sale for an undisclosed asking price. With a main address of 2500 Bransford Avenue, the 3.25-acre property offers three industrial buildings and is owned by Ms. Grissom CEO Kenneth Funger. The structures offer a […]