Industrial property

21-acre industrial property to be redeveloped in the Carroll-Camden industrial estate

Hanover, Maryland-based Chesapeake Real Estate Group (CREG) has a contract on the former Kaydon Ring & Seal facility at 1400 Bush Street in the Carroll-Camden industrial estate. CREG plans to demolish the existing buildings on the 21-acre property and develop a new industrial / logistics facility. Kaydon closed its Baltimore plant in 2017 and moved […]

Industrial property

Grapevine logistics buildings are the latest proprietary sales

Sales Stag Industrial purchased D / FW North Logistics Center, a two-building, 202,140 square foot logistics center located at 2400 and 2402 Esters Blvd. at Grapevine, a subsidiary of Olympus Ventures. Randy Baird, Jonathan Bryan, Ryan Thornton and Eliza Bachhuber of the CBRE Group negotiated the sale of the industrial buildings. Partnership directed by Katzir […]

Industrial property

Blackstone cashes 282,000 square foot industrial property for $ 57.5 million

9500 West Sergo Drive and Yoon Khong Hiew, CEO of Singapore REIT Mapletree (Google Maps, Mapletree) Blackstone Real Estate Advisors has cashed in a 282,000 square foot industrial property in suburban Chicago for $ 57.5 million. Mapletree US Management purchased the land occupied by FedEx Ground at 9500 West Sergo Drive in La Grange on […]

Industrial property

GPR Ventures acquires the industrial property of Natomas

Courtesy photo STAFF REPORTTHE BUZZ NATOMAS | @natomasbuzz GPR Ventures announced today that it has purchased an 84,537 square foot industrial property at the corner of Del Paso Road and Northgate Boulevard in Natomas. The locations at 4700, 4720 and 4740 Northgate Boulevard include both warehouse and office space and are already 98% leased to […]

Industrial property

PCCP and Capital Partners Acquire 386,724 Square Foot Industrial Property in Minnesota

PCCP, LLC and based in Minneapolis Capital partners have formed a joint venture and acquired a soon to be vacant 386,724 square foot Class A industrial property at 19850 S. Diamond Lake Road in Rogers, Minnesota. The seller was Stag Industrial. Built in 2001, Diamond Lake Road sits on a 22 acre site and has […]

Industrial property

Etkin Johnson sells Axis 25 industrial property for $ 42.5 million – Loveland Reporter-Herald

Etkin Johnson Real Estate Partners LLC in Denver continued its 32 year history in Colorado real estate with the sale of its Axis 25 property to Loveland. Stag Industrial Holdings LLC purchased the layout from Axis 25 Building LLC on September 24 for $ 42.5 million, according to Larimer County real estate records. Axis 25 […]

Industrial property

Staley Point and Bain Capital Real Estate Acquire Industrial Property in Seattle’s SODO District for $ 31.6 Million

LOS ANGELES, October 11, 2021 / PRNewswire / – Capital of Staley Point (“Pointe Staley“), a value-added investor focused on infill industrial properties, today announced the acquisition of 2424 8th Ave S. (8e Ave.), a 90,000 square foot warehouse in the Downtown South District (“SODO”) of Seattle, WA, for $ 31.6 million, or $ 351 […]

Industrial property

Stratford’s light industrial property sells for $ 8 million, roughly five times its appraised value

STRATFORD – A leading retail development investor has spent millions on a 1.6 acre property off Surf Avenue, where Sunbelt Rentals is currently located. OK Stores, based in Bloomfield Hills, Michigan, paid $ 8 million for the property, located at 85 Mead St., less than half a mile from Exit 30 of I-95. That’s about […]

Industrial property

Industrial property overhang immersion | EdgeProp.my

The Covid-19 pandemic has given a boost to the growth of e-commerce, with more and more conventional retailers moving their presence online. Riding the trend, demand for industrial and logistics real estate has also accelerated. This is what emerges from statistics published by the National Property Information Center (NAPIC), where in the first half of […]

Industrial property

CenterPoint buys Pompano Beach industrial property for $10 million

Bob Chapman of CenterPoint Properties with the installation (CenterPoint) CenterPoint Properties has purchased a last-mile Pompano Beach distribution facility for $10 million, marking the company’s continued investment in South Florida’s booming industrial real estate market. The Oak Brook, Illinois-based company purchased the property at 1405 Southwest Eighth Street, records show. The sales entity is led […]

Industrial property

Utah buyer pays $44 million for Greeley industrial property – Greeley Tribune

GREELEY — A nationwide Utah real estate company paid $44 million for an industrial/warehouse building and 25 acres in southeast Greeley, according to the offices of Weld County Assessor and Clerk and Recorder. BLNL Co Greeley LLC purchased the properties at 259 30th St. from CJBL Land Ltd LLC and Craig Broughton on September 21, […]

Industrial property

EKJ Wheeling and Thor Equities landed a 500,000 square foot industrial property last month

2750 W. 35th St, Chicago, IL; 2940 W. 36th St, Chicago, Illinois (LoopNet, NAI Hiffman) Two companies acquired a total of 500,000 square feet of industrial space in the Chicago area last month, which is already on track to surpass last year’s industrial sales volume. EKJ Wheeling LLC purchased a 310,000 square foot industrial property […]

Industrial property

Latest lockdown adds fuel to industrial property market

Monday, October 4, 2021, 8:39 a.m.Press release: Bayley The recent construction halt resulting from Covid 19 lockdown restrictions in Auckland has put further pressure on an industrial property market that is already struggling to keep pace with demand. Artist’s impression of Hancocks’ distribution and headquarters complex in Mangere which sold for $48.8 million Scott Campbell, […]

Industrial property

LBA Realty pays $16.1 million for Goose Island industrial property

Perry Schonfeld of LBA and Property (Showcase, LinkedIn via Schonfeld) LBA Realty, a California-based investment firm, has paid $16.1 million for a building on Chicago’s Goose Island whose lease to a cloud manufacturing startup has marked the region. largest industrial lease in the first trimester. LBA purchased the one-story building at 1224 Hooker Street near […]