Industrial property

Bussel Realty sells 40,000 industrial properties to Sitex for $19.7 million

Based on Edison Bussel real estate company said on Tuesday it negotiated the sale of 160 Essex Ave. E. in Avenel, a 40,000 square foot industrial property, at Sitex Group for $19.7 million. Jordan Metz, senior vice president of BRC, represented both the buyer, Sitex Group, and the seller, Total Source Logisticsin the transaction. “The […]

Industrial property

KMC Properties acquires industrial property for NOK 52 million outside Lesund on the west coast of Norway

KMC Properties ASA, a real estate company focusing on industrial and logistic properties, today announces that it has signed an agreement for the acquisition of an industrial property outside Ålesund on the west coast of Norway for approximately NOK 52 million. The tenant is Cflow Fish Handling AS (Cflow), a provider of solutions and services […]

Industrial property

Separate sales of Enfield’s industrial properties bring in $29.2 million

A New York-based commercial truck salesman and a Massachusetts-based real estate investor paid $14 million and $15.2 million, respectively, for industrial properties in Enfield in separate sales recorded in early September. 1 Depot Hill Road Google Maps 1 Depot Hill Road, Enfield. Gabrielli Enfield LLC, an entity related to New York-based Gabrielli Truck Sales, paid […]

Industrial property

Sells industrial property near the future Oracle campus | Development

A River North industrial property next to the Cumberland River and Topgolf — and close to the future Oracle campus — has sold for $19.4 million. Home to cement supplier Cemex, the 4.33-acre property offers a prime address of 21 Oldham Street (and an alternative address at 19 Oldham St.). 21 Oldham Street Property Appraiser […]

Industrial property

Adoption of the bill establishing the Congolese Industrial Property Office – Trademark

September 15, 2022 adam and adam To print this article, all you need to do is be registered or log in to Mondaq.com. The Senate adopted a bill establishing the Congolese Industrial Property Office. With the creation of the Industrial Property Office, the objective is to provide technical assistance to local economic operators, researchers and […]

Industrial property

Industrial property at 1 Jalan Lembah Kallang for sale: Knight Frank

It has an indicative list price of $7.5 million. An industrial property on the outskirts of the city at 1 Jalan Lembah Kallah is for sale by private treaty with an indicative price of $7.5 million, according to Knight Frank. In a statement, Knight Frank said the detached factory is made up of a three-story […]

Industrial property

Logistics firm acquires industrial property for £6m

Wed 14 Sep 2022 | COMMERCIAL PROPERTY An industrial unit in Milton Keynes has been acquired by a logistics firm in a deal valued at £6million. Pacific House, an almost 65,000 square foot industrial unit located in Kiln Farm, has been acquired by Pacific Logistics, which has occupied the property for approximately eight years, from […]

Industrial property

Thor Equities buys third industrial property in New Jersey

Joseph Sitt of Thor Equities (Joseph Sitt, Getty) Thor Equities continued its foray into the New Jersey industrial real estate market with its third purchase in the state this year, a 330,000 square foot property in Passaic. Joe Sitt’s company has purchased the 153 Linden Street warehouse for $52 million, the company announced Friday. Waitex […]

Industrial property

BTB REIT Announces Acquisition of Class A Industrial Property in Edmonton, Alberta

MONTREAL, September 8, 2022 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB“or the”REITs“) announces the acquisition of an industrial building located at 8743 50 Avenue NW in Edmonton, AB for full consideration of $15.75Mexcluding transaction costs and adjustments. About the acquisition 8743 50 Avenue NW, Edmonton AB (CNW Group/BTB Real Estate Investment […]

Industrial property

Developers are getting positive in the IP market

PETALING JAYA: Although the issues of labor shortages and rising building material prices are easing, further interest rate hikes and political uncertainties could affect buyers’ interest and remain concerns. major risks for the real estate sector. The research unit of the Malayan Banking Investment Bank (Maybank IB) said so in a real estate sector update, […]

Industrial property

Florida industrial property converted into affordable housing

The 264-unit apartment complex will be built on what was Tibbetts Lumberyard at 34th Street South and Fairfield Avenue. ST. PETERSBURG, Fla. — The city of St. Petersburg has just given the green light to an affordable, workforce-oriented housing development that it says is the first of its kind in the state. The project, near […]

Industrial property

Greenville Industrial Property Inventory Tightens as Demand Remains Strong

Home to over 600 manufacturers, Greenville County continues to be a sought-after location for the industry, but with continued demand comes a tight supply of prime locations. Location, location, location Since the explosion of the manufacturing sector accelerated exponentially in the mid-1990s with the advent of BMWthe upstate became the supercharged economic engine of South […]

Industrial property

Subsidiary of Shelbourne buys industrial property in Berlin

Lakewood Associates LLC has sold a 140,000 square foot industrial manufacturing building at 128 Old Brickyard Lane in Berlin to Glen Park Capital Partners, a subsidiary of downtown Hartford’s principal owner, Shelbourne Global Solutions, for $7 million. Shelbourne announced the purchase and partial leaseback on Wednesday. “The sale illustrates the strong demand for industrial and […]

Industrial property

Slattery Properties begins construction of 87,000 square foot industrial property in Lacey

August 22, 2022 (Seattle, WA) – West Coast industrial real estate developer Slattery Properties has begun construction on its new industrial warehouse at 8551 Commerce Place Drive NE in Lacey, WA. The 87,060 square foot facility is the 8th industrial building in Thurston County developed by the Seattle-based owner. The walls are tilted on the […]

Industrial property

Edgewood industrial property sells for $4.95 million

An industrial property in Edgewood has sold for $4.95 million. FIVF-III-NY1 LLC, an subsidiary of a real estate investment company Faropoint, purchased the 24,000 square foot industrial building on 2 acres at 180 Heartland Blvd. The property is fully leased to Biochemical Diagnostics. The company manufactures and markets controls and disposable sample preparation products used […]

Industrial property

Rising interest rates dampen the value of industrial properties

“Valuation data continues to show capital growth, suggesting that rental growth is still the dominant factor.” A lack of supply, coupled with soaring construction costs, propelled industrial rents higher. In Melbourne, average base rents increased another 4% in the second quarter, to 14% over the past year. In Sydney, rents also rose 4%, to rise […]

Industrial property

Avison Young to Acquire Industrial Property and Office Management, Agency Leasing and Project Management Services from Madison Marquette

Avison Young has signed an agreement to acquire Madison Marquette’s office and industrial property management, agency leasing and project management service lines. The trio of services will operate under the Avison Young brand and the deal is expected to close in September. The acquisition includes more than 20 million square feet (msf) and 235 team […]

Industrial property

Tune Airport Area Industrial Property Sells for $9 Million | Development

A West Davidson County industrial property near John C. Tune Airport has sold for $9 million, according to a Davidson County Deeds Registry document. The new owner of the Cockrill Bend property, whose addresses are 7139 and 7211, boul. of the Centenary. and located near the Cumberland River, is an LLC affiliated with Trinity Business […]

Industrial property

Kakaako’s industrial property for sale

HONOLULU (KHON2) – Currently a multi-tenant industrial space occupying the entire corner where Hopaka and Kona streets intersect, the property at 1127 Hopaka Street recently went up for sale. The property has been listed by the Standard Commercial real estate group and is in the middle of Kakaako. Check out more Hawaii news The 12 […]

Industrial property

Flooring company buys industrial property from Kenilworth (Update)

Centron Enterprises purchased 130 Market St. from the Alban Group. – NAI DILEO-BRAM & CO. Seeking larger space, Centron Enterprises LLC purchased a 7,000 square foot Kenilworth industrial building with help from Woodbridge NAI DiLeo-Bram & Co.the firm announced on August 16. Vice President Rich Goski and Associate Vice President Catherine Goski represented the buyer. […]

Industrial property

AME REIT, linked to the main market, plans to buy industrial properties in the center and north of the Malaysian peninsula

KUALA LUMPUR (August 17): AME Real Estate Investment Trust (REIT), which is set to list on Bursa Malaysia’s main market on September 20, plans to acquire industrial properties from third-party providers in parts of the central and northern Malay Peninsula. He said the mandate to acquire assets beyond Johor provides AME REIT with the flexibility […]

Industrial property

AME REIT aims to expand its portfolio of industrial properties to the central and northern region

KUALA LUMPUR: I REIT Managers Sdn Bhd, the management company of AME Real Estate Investment Trust (AME REIT), aims to expand AME REIT’s portfolio beyond Johor in central and northern Peninsular Malaysia by pursuing accretive asset acquisitions from third-party vendors. This is in addition to leveraging AME REIT on future property development projects of its […]

Industrial property

Colliers arranges $13.5 million sale of leased industrial property with outdoor storage in Chesapeake, Va.

Colliers, a global leader in commercial real estate services and investment management, announces that it has facilitated the sale of an industrial building in Chesapeake, Virginia, to an institutional investor for $13.5 million. The Colliers Industrial Capital Markets team, comprised of Executive Vice President Michael Blunt and Senior Partner Clay Ellis, along with fellow Senior […]

Industrial property

APAC Industrial Property Investment Plunges 62%

Blackstone has acquired 49% of Dexus Australia Logistics Trust from GIC in the largest industry transaction of the first half Investment in industrial real estate in Asia-Pacific totaled $7.2 billion in the second quarter, plunging 62% from record levels reached in the same period a year earlier, as rising costs Borrowing and rising asset values […]

Industrial property

Indoor baseball facility slated for industrial property on Dartmouth Road – Penticton News

Play ball indoors Picture: Contributed Penticton City Council will be asked to give its blessing to a zoning change to facilitate a multi-purpose sports facility on industrial land. The property at 1603 Dartmouth Road is zoned general industrial, which generally does not include recreational applications as a typical use. The owners are requesting a site-specific […]

Industrial property

Meet Cowarehousing, Industrial Property for the Little Guy

Coworking, which gives office workers the ability to share space when they need it, has given rise to a parallel concept that has spread to the industrial market: cowarehousing. Aimed at a growing class of startups and entrepreneurs, co-storage provides smaller-scale warehouse suites within a single industrial property. The idea is also beginning to attract […]

Industrial property

Bright days ahead for the industrial property sector | Daily Express Online

The demand for real estate in the industrial sector is paving the way for a full economic recovery of the real estate sector in Malaysia. Despite growing concerns over inflation, property consultant Knight Frank said the industrial property sector was already “thriving” as demand for property in the retail sector in Klang Valley, Penang , […]

Industrial property

Bright days ahead for the industrial property sector

The demand for real estate in the industrial sector is paving the way for a full economic recovery of the real estate sector in Malaysia. Despite growing concerns over inflation, property consultant Knight Frank said the industrial property sector was already “thriving” as demand for property in the retail sector in Klang Valley, Penang , […]

Industrial property

AHF completes the sale-leaseback of 1,000,000 m². ft. Industrial Property

House New AHF completes the sale-leaseback of 1,000,000 m². ft. Industrial Property Chicago, IL, August 5, 2022 – Newmark announces the sale-leaseback of AHF Products’ 1.0 million square foot industrial portfolio of five properties, including properties in the Southeastern United States AHF […]

Industrial property

Gladstone Commercial Corporation Executes 5-Year Lease Renewal in Industrial Property in Horseheads, New York :: Gladstone Commercial Corporation (BON)

MCLEAN, VA/ACCESSWIRE/August 4, 2022/ Gladstone Commercial Corporation (Nasdaq:GOOD) (“Gladstone Commercial”) today announced that it has signed a 5-year lease renewal with Corning, Inc. (“Corning”) in its 120,000 square foot industrial building in Horseheads, New York. The property has been fully occupied by Corning since its purchase of Gladstone Commercial […]

Industrial property

Gladstone Commercial Corporation executes 5-year lease renewal in industrial property in Horseheads, New York

MCLEAN, VA/ACCESSWIRE/August 4, 2022/ Gladstone Commercial Corporation (Nasdaq:GOOD) (“Gladstone Commercial”) today announced that it has signed a 5-year lease renewal with Corning, Inc. (“Corning”) in its 120,000 square foot industrial building in Horseheads, New York. The property has been fully occupied by Corning since its purchase of Gladstone Commercial in 2005. Corning (NYSE: GLW) specializes […]

Industrial property

Gladstone Commercial Corporation executes 5-year lease renewal on industrial property in Horseheads, New York

MCLEAN, VA/ACCESSWIRE/August 4, 2022/ Gladstone Commercial Corporation (Nasdaq:GOOD) (“Gladstone Commercial”) today announced that it has signed a 5-year lease renewal with Corning, Inc. (“Corning”) in its 120,000 square foot industrial building in Horseheads, New York. The property has been fully occupied by Corning since its purchase of Gladstone Commercial in 2005. Corning (NYSE: GLW) specializes […]

Industrial property

Industrial Property Booming Despite Rising Cost of Debt: Centuria

“We have taken on more debt and are more dependent on interest rate movements,” Curtis said. The Australian Financial Review. Jesse Curtis says the strong rental market will offset rising debt costs. Louie Douvis Further increases in finance charges, which rose 12% last year to $23.6 million, were expected this year and could offset large […]

Industrial property

GTIS Partners Announces $140 Million South Carolina Proprietary Joint Venture with Collett Industrial

NEW YORK, August 3, 2022 /PRNewswire/ — GTIS Partners (“GTIS”), a global real estate investment firm that manages $4.7 billion of raw assets with a focus on residential and industrial investments, today announced a joint venture with Collett Industrial (“Collett”), an industrial developer headquartered in CharlotteNC, to acquire and develop two projects in the Greenville–Spartanburg […]

Industrial property

Marcus Partners Acquires Industrial Property in South Plainfield, NJ

To share0 Marcus Partners, a real estate investment, management and development company, today announced the acquisition of 20 Harmich Road in South Plainfield, New Jersey, totaling +/- 200,000 square feet. The acquisition consists of two warehouses located on 17 acres. “20 Harmich Road is a highly desirable high quality product with an abundance of […]

Industrial property

Trumbull Industrial Property in $4.4M Sale and Leaseback Agreement

The 57,234 square foot industrial manufacturing building at 205 Spring Hill Road in Trumbull was the subject of a $4.4 million sale-leaseback agreement. Avison Young announced the transaction on behalf of seller Trumbull Printing to buyer Glen Park Capital Partners LLC, a subsidiary of Shelbourne Global Solutions LLC, which represented […]

Industrial property

Profile Films Acquires Long Vacant West Side GR Industrial Property for Expansion

GRAND RAPIDS — Manufacturer of plastic tarpaulins Profile Films Inc. plans a major expansion into a long-vacant industrial property on the west side of Grand Rapids, which was previously considered for a large-scale cannabis cultivation facility. Profile Films acquired 9 acres at 719 Ann St. NW — located adjacent to the company’s current location at […]

Industrial property

JLL Secures Acquisition Financing for Fully Leased Paterson Industrial Property

845 E. 25th St. in Paterson is fully leased to Kamco Supply, one of the largest suppliers of commercial and residential building materials in the New York metropolitan area. –JLL JLL Capital Markets has arranged financing for the acquisition of a light industrial building in North Jersey which also has nearly an acre of outdoor […]

Industrial property

What Drives Industrial Property Management Today

The industrial sector continues to outperform other real estate categories, despite the much-discussed imbalance between supply and demand. According to CommercialEdge’s June 2022 National Industry Report, the average industry vacancy rate was 4.7%, compared to 5.7% in the June 2021 report. investment remain robust. In May, 657 million square feet of space was under construction, […]

Industrial property

CenterPoint buys another industrial property in East Bay

CenterPoint Properties has purchased a 190,000 square foot industrial building in Hayward, California for $52.8 million. Life Chiropractic College West sold the property at 24801 Industrial Blvd. in a transaction that closed on July 15, according to San Francisco Business Times. The property was acquired through a sale-leaseback transaction according to documents from the Alameda […]

Industrial property

Exceptional First Half for Northwest Industrial Real Estate Market – Report | North West Real Estate News

Arts Park More than £500m of investment deals were completed at the start of 2022 with rentals of large units up by a quarter, according to specialist agent B8 Real Estate. The company’s market update shows 39 investment deals worth a total of £505m closed in the six months, down 26% from the record first […]

Industrial property

Exceptional first half for the North West industrial property market

The North West industrial real estate market has had another exceptional first half of 2022, according to specialist agents B8 Real Estate. In the first six months, the region saw over half a billion pounds of completed investment deals, while rentals of large units rose by a quarter. Its latest market update shows 39 investment […]

Industrial property

Faropoint acquires industrial property in Delran for $1.6M

Faropoint acquired a 17,600 square foot industrial building in Delran for $1.6 million, according to an announcement earlier this week. Faropoint, a leading real estate investment firm focused on last mile industrial properties in high population growth markets, has acquired the property located at 1803 Underwood Blvd. in Millside Business Park on sale-leaseback to owner […]

Industrial property

Melville’s industrial property nets $35.15 million

An industrial property in Melville traded for $35.15 million, after the seller canceled a planned expansion project. A subsidiary of Brookfield Properties purchased the 119,000 square foot building on 8.26 acres at 135 Spagnoli Road. The agreement was a sale-leaseback with the seller, Perfume Worldwide, a distributor of perfumes, cosmetics and other personal care products, […]

Industrial property

BLP Acquires Off-Market Industrial Property – Marks 21st Deal and $789M Completed Since Initial Investment Seven Months Ago

LOS ANGELES–(BUSINESS WIRE)–Bridge Logistics Properties (“BLP”), a subsidiary of Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”), today announced the acquisition of a unique off-market truck terminal from 14.3 acres at the Inland Empire region of California. In the seven months that BLP has invested on behalf of institutional investors, the logistics real estate company […]

Industrial property

BLP acquires off-market industrial property

LOS ANGELES, July 18, 2022–(BUSINESS WIRE)–Bridge Logistics Properties (“BLP”), a subsidiary of Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”), today announced the acquisition of a unique off-market truck terminal from 14.3 acres at the Inland Empire region of California. In the seven months that BLP has invested on behalf of institutional investors, the logistics […]

Industrial property

ESR Australia boss Phil Pearce says rising rents will ‘offset’ falling industrial values

He said capital values ​​could return to where they were 12 months ago, depending on when properties were last appraised, but rent growth would be stronger. “We continue to be active buyers for the primary reason that we believe in the rental growth story. We have seen rental growth across our portfolio and our new […]

Industrial property

Pacific could acquire a new industrial property of 48 acres | Local News

The Pacific Board of Aldermen is due to vote on a rezoning application for a 48-acre area on Industrial Drive next to Daily Industrial Park on July 19. The rezoning is for two parcels, one of 40 acres and another of 8 acres. Both properties are owned by Barbara, John Timothy, Diana Kathleen and Philip […]

Industrial property

Faropoint acquires industrial property in Oakland for $9.6 million

153 Bauer Drive in Oakland. – CBRE Earlier this week, CBRE released numbers for the northern and central New Jersey industrial markets that showed record availability of 4.4% for the second quarter of the year as asking rents continued to rise. . Faropoint’s purchase of a 44,300 square foot industrial property in Oakland comes amid […]

Industrial property

Blackstone unit brings 1 million square feet of Bay Area industrial property to market

Luke J. Petherbridge, CEO of Link Logistics and 3919 Oregon Street, Benicia (Google Maps, LinkedIn) Blackstone subsidiary Link Logistics Real Estate has put up for sale eight fully leased warehouses that combine for nearly 1 million square feet in the Bay Area. The portfolio represents 8% of the industrial space currently available in the Bay […]

Industrial property

Faropoint acquires industrial property in Oakland for $9.6M

CBRE on Wednesday said he arranged the $9.6 million acquisition of a fully leased 44,300 square foot industrial property in Oakland for Faropoint. Faropoint, a leading real estate investment firm focused on last-mile industrial properties in high-population-growth markets, has acquired the property at 153 Bauer Drive from Oakland Management and plans to retain it as […]

Industrial property

MSP Capital buys industrial property from Davie for $50 million

MSP Capital co-founders and managing partners, Murray McCabe and Max Lamont, and the Pelican Bays office/warehouse complex at 4990 Southwest 52nd Street in Davie (Google Maps, MSP Capital Partners) A Dallas-based real estate private equity firm has snapped up an office/warehouse complex in Broward County for $50 million. A subsidiary of MSP Capital Investments, led […]

Industrial property

BLP acquires off-market industrial property in Inland Empire

Logistic properties of the bridge (“BLP”), a subsidiary of Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”), today announced the acquisition of a unique 14.3-acre off-market truck terminal in the Inland Empire region of California. In the seven months that BLP has invested on behalf of institutional investors, the logistics real estate company has completed […]

Industrial property

Newmark Announces Sale of 381,000 Square Foot Industrial Property in Wisconsin

July 7, 2022 11:00 a.m. Newmark announces the sale of N9246 State Road 80, an approximately 381,000 square foot industrial property in Necedah, Wisconsin. Ownership was traded from MVP Logistics to an undisclosed Milwaukee-based investment firm for $3 million. Newmark Director Adam MatsonSIOR and associate director Patrick Hanrahan represented the seller. N9246 State Road 80 […]

Industrial property

Dalfen Industrial Acquires Industrial Property in Sacramento

DALLAS, July 7, 2022 /PRNewswire/ — Dalfen Industrial acquired Belvedere Logistics Center, a Sacramento industrial property at 8301 Belvedere Ave. The 348,000 square foot property is 100% occupied by River City Storage and American Furniture Warehouse. Belvedere Logistics Center, Sacramento, CA The industrial property is located in the Power Inn submarket of Sacramento. The location […]

Industrial property

Dalfen Industrial Acquires Industrial Property of Sacramento

The industrial property is located in the Power Inn submarket of Sacramento. The location is near US 50 which intersects I-5 and I-80. Access to these interchanges provides east-west and north-south connectivity along the entire west coast, making Sacramento an excellent distribution hub. The huge infill location offers the ability to reach 67% of the […]

Industrial property

ElmTree pays $58.7 million for 204,500 square foot industrial property in Everett

By Catherine Sweeney A St. Louis-based real estate investment firm is expanding its footprint in the Puget Sound area. In a sale that closed on June 17 but only recently registered, ElmTree Funds bought an industrial asset in Everett from Seattle-based real estate investment firm Capstone Partners. The property traded for $58.7 million, or about […]

Industrial property

Australia’s ‘world’s tightest’ industrial property market

Like Sydney, Ms J-Baleh said, Perth suffered from a lack of new supplies and “essentially non-existent” speculative development. “The supply coming this year in Perth is already around 80 per cent pre-committed,” she added. Melbourne saw the smallest drop in vacancy rate from 1.3% to 1.1%, while Brisbane tightened from 2.3% to 1.4% and Adelaide […]

Industrial property

Summit Industrial Income REIT Acquires Brand New Industrial Property in Guelph, Ontario

TORONTO, July 4, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has completed the acquisition of the remaining 50% interest in a newly built light industrial at Hanlon Creek Business Park in Guelph, Ontario totaling 92,050 square feet of leasable area with its joint venture partner. […]

Industrial property

Seagis acquires the industrial property of Metuchen for $24 million

The addition of 60 Leonard St. in Metuchen to Seagis Property Group’s portfolio brings the number of its logistics sites in New Jersey to 34. – SEAGIS PROPERTY GROUP Seagis Real Estate Group further expands its footprint in the Garden State with the addition of an almost 160,000 square foot industrial property located in Middlesex […]

Industrial property

BTB REIT Announces Acquisition of Industrial Property in Edmonton, Alberta

MONTREAL, June 29, 2022 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB“or the”REITs“) announces the acquisition of an industrial building located at 3905, avenue Allard in Edmonton, AB for full consideration of $12.95Mexcluding transaction costs and adjustments. Photograph of 3905 Allard Avenue in Edmonton, Alberta. BTB Reit’s most recent acquisition. (CNW Group/BTB […]

Industrial property

Seagis Property Group acquires 7-acre industrial property in Metuchen for $24 million

Seagis Real Estate Group Tuesday announced the closure of a 6.92-acre industrial real estate property in Metuchen for $24 million, from P&V Warehouse Distribution, a New Jersey-based trucking company. Steve Bussel, President of Bussel real estate companyrepresented both Seagis and the vendor in the sale transaction and will handle marketing efforts to lease the vacancy. […]

Industrial property

GBCSA leads the development of an industrial property assessment tool and requests data from industry

The sustainable building industry organisation, the Green Building Council South Africa (GBCSA), has developed a customized pilot version of its Existing Building Performance (EBP) tool to enable industrial properties to assess the performance of their buildings based on its Green Star certification and ratings. Sustainable built environment consultancies Sow & Reap Consulting and Imbue Sustainability […]

Industrial property

Amazon (AMZN), Goodman (GMG) suffer from the loss of industrial property

“Overall, industrial properties are unlikely to perform as strongly over the medium term as they have in recent years.” The recent meteoric growth of the industrial sector is the result of increased retail inventory, COVID demand and companies using space to shore up supply chains in the face of transportation chaos. Australia’s industrial property sector […]

Industrial property

Sunway REIT acquires industrial property from PJ for RM60 million

KUALA LUMPUR (June 24): Sunway Real Estate Investment Trust (Sunway REIT) has acquired a 3.63-acre freehold industrial land at Sungei Way, Petaling Jaya for RM60.05 million. The asset includes a two-story building and a five-story building with a total gross floor area of ​​497,487 square feet, said a statement issued by Sunway REIT Director, Sunway […]

Industrial property

Hauppauge’s industrial property traded for $38.5 million

An industrial property in Hauppauge was sold for $38.5 million. Link Logistics Real Estate, a subsidiary of Blackstone, purchased the 140,000 square foot building on 7.05 acres at 2100 Pacific St. The property is fully let to two tenants. The sale price equates to $275 per square foot, an all-time high for Hauppauge Innovation Park […]

Industrial property

Industrial property in the Nations brings in $2.8 million | Development

An industrial property near Silo Bend in The Nations has sold for $2.8 million, 28 times what it sold for nine years ago. According to a Davidson County Deeds Registry document, the new owner of the 1.04-acre triangle-shaped property is an LLC affiliated with Irvine, Calif.-based Zachary Mayer, details of who the Job could not […]

Industrial property

Marketing and Execution Specialist Moves to Oswestry Industrial Property

Elevation Marketplace Services’ New Oswestry Home Elevation Marketplace Services Ltd has moved to the city’s Mile Oak industrial area after completing the rental of Unit 21. The property, which comprises two connected and independent modern industrial units, is approximately 40,368 square feet, complete with overhead crane and offices. Set on 1.71 acres, it benefits from […]

Industrial property

Shelbourne doubles 2016 investment in Newington industrial property with $45 million sale

New York-based real estate developer and investor Lightstone has paid $45 million for a 622,262 square foot industrial building and two vacant lots in Newington. Shelbourne Newington LLC – an investment vehicle of New York-based real estate investment and development firm Shelbourne – has sold its controlling interest in properties at 301, 311 and 353-407 […]

Industrial property

Inauguration of a 1.2 million square foot industrial property in Carteret

Immovable June 17, 2022 Crow Holdings Development announced the official grand opening of Carteret Crow Holdings, a 126-acre property in Carteret that includes three buildings and 1.2 million square feet of speculative development. Crow Holdings brought in Stan Danzig, Jules Nissim and Kim Bach of Cushman & Wakefield to rent the space. Located in Northern […]

Industrial property

BTB REIT announces the acquisition of an industrial property in Montreal and the sale of a property located in Magog, Quebec

Le 3190 F.-X.-Tessier is a 67,162 square foot Class A industrial property fully leased to Amylior, a leader in the design, development and manufacture of high-end motorized wheelchairs, mobility systems and more. seating and positioning and accessories. The Montreal company has been in operation since 1997 and its products are distributed internationally. The production and […]

Industrial property

San Francisco-based REIT acquires industrial property near Oakland Airport

Cody Saunders of Terreno Realty with 2993 Teagarden Street (linkedIn, Google Maps) A San Francisco-based publicly traded real estate investment trust is playing in the bay, with Oakland’s air and seaports key to the deal. Terreno Realty recently paid $34.6 million for 104,000 square feet of industrial property in San Leandro. Pricing came in at […]

Industrial property

Crow Holdings inaugurates a 1.2 million square foot industrial property in Carteret

Development of Crow Holdings recently hosted the grand opening of “Carteret Crow Holdings,” a 126-acre property in Carteret that will include three buildings and 1.2 million square feet of speculative development. The three buildings, which will range in size from 335,000 to 480,000 square feet, will each have a clear height of 40 feet and, […]

Industrial property

DuPont Industrial Property Sells for $9 Million | Development

The DuPont industrial site at Old Hickory sold for $9 million, according to a Davidson County Deeds document. The new owner is an LLC affiliated with BHT Properties Group, based in Davie, Florida, which markets itself as a “character land development company.” The Job was unable to obtain further details about the company. The DuPont […]

Industrial property

Industrial property golden race will ‘run out of steam’ as cost of debt rises, says BIS Oxford Economics

Average yields had potentially bottomed out at 3.6% in Sydney’s Far West and 3.9% in Melbourne’s Southeast Corridor. “During this period, 10-year bond yields fell below 1.0%, increasing the yield spread and the attractiveness of industrial property for investors,” he said. But the gap had since narrowed considerably. “Faced with an extended period of higher […]

Industrial property

C&W is arranging the purchase of a 275,631 square foot industrial property in Bordentown for $60 million

Penwood Property Investment Management acquired a 275,631 square foot industrial property in Bordentown for $60 million, according to an announcement Thursday from Cushman and Wakefieldwho represented the buyer. Located at 201 Elizabeth St., directly off Exit 7 of the New Jersey Turnpike and less than half a mile from the River Line Light Rail, the […]

Industrial property

Penwood Real Estate acquires Bordentown industrial property for $60 million

201 Elizabeth Street in Bordentown. – CUSHMAN & WAKEFIELD Penwood Real Estate Investment Management has acquired a 275,631 square foot industrial property in Bordentown. The $60 million purchase of 201 Elizabeth St., arranged by Cushman & Wakefield and announced by that company on June 8, was made through Penwood’s sixth value-added investment vehicle, Penwood Select […]

Industrial property

CTS Engines buys industrial property in North Palm Beach County

A photo illustration of 18855 Bee Line Highway in Palm Beach County (Bastian Laggerbauer from Colliers, Google Maps) CTS Engines paid $16 million for the northern Palm Beach County industrial facility it leases for jet engine testing. CTS, a Fort Lauderdale-based turbine engine maintenance and repair company, has purchased the property of 44.4 Bows at […]

Industrial property

Marketing and Execution Specialist Relocates to Major Oswestry Industrial Property

A major industrial property in Oswestry is the new headquarters of a local company specializing in helping businesses take advantage of online markets. Elevation Marketplace Services Limited’s new Oswestry home is in the heart of the Mile Oak industrial estate Elevation Marketplace Services Limited has moved to the city’s Mile Oak industrial area after completing […]

Industrial property

Metropolitan Realty, Morgan Stanley Snap Up LIC Industrial Property for $106 Million – Trade Observer

MANA products sold its 220,000 square foot industrial asset to 27-11 49th Ave in Long Island City, Queens, for Metropolitan Real Estate Associates (ARM) and Morgan Stanley Real Estate Investment for $105.5 million, Commercial Observer has learned. The sale-leaseback agreement was completed last week and was led by CBREit is Doug Middleton and will pike. […]

Industrial property

What motivates the development of industrial property

The urban developer is delighted to bring together more than 15 industry experts to share their insights into the investment, transaction and development activities that define this booming sector. This is a unique opportunity for professionals directly involved in the sector, as well as those adjacent to it, to better understand the future of the […]

Industrial property

Californian company acquires industrial property from Gilbert | Company

Intersection, a California-based company that prides itself on its value-driven commercial real estate strategies, has acquired a 92,750 square foot flexible multi-tenant industrial property in Gilbert for $13.25 million. The acquisition of KeyWest Plaza, 700-734 N. Golden Key St. was completed off-market and represents the second acquisition in Intersection’s post-pandemic industrial investment strategy which focuses […]

Industrial property

Proprietary builder ETA World targets listing on ACE market

KUALA LUMPUR (June 3): Industrial property builder ETA World Group Bhd is seeking a listing on Bursa Malaysia’s ACE Market. The proposed initial public offering (IPO) will consist of a public issuance of 111.9 million new shares, or 26.03% of its expanded share capital after the IPO of 429.92 million shares, according to the exposure […]

Industrial property

NAI Fennelly negotiates the sale for $5.6 million of a 75,097 square foot industrial property in Trenton

A four-building, 75,097-square-foot industrial complex in Trenton has been sold for $5.6 million to Third Street Trenton LLC, according to an announcement Wednesday from NAI Fennel. Representing the seller, Mary & Thomas Realty LLC, were Jerry Fennelly and Matthew Fennelly of the Township of Hamilton commercial real estate solutions provider. Located at 292 3rd St., […]

Industrial property

NAI Fennelly negotiates $5.6 million sale of 75,097 square foot industrial property in Trenton

NAI Fennelone of the most experienced and successful independent full-service commercial real estate providers in New Jersey and Pennsylvania, announces that it has negotiated the sale for $5.6 million of a four-storey industrial complex buildings and 75,097 square feet at 292 3rd Street in Trenton, NJ Jerry Fennelly, SIOR, and Matthew Fennelly of NAI Fennelly […]

Industrial property

Mill Park industrial property has doubled in value in three years

This is the second time the building has delivered a major return to its owner. When Cadence Property Group sold it in 2019, the developer realized a 54% capital gain in just 12 months after paying $7.14 million in April 2018 on a 9.6% return and then spending $1 $.75 million in upgrades, before locking […]

Industrial property

Sixty-hectare site at Truganina in Melbourne’s west is set to fetch $225m

“But there has been an explosion of development, large areas have been set aside for conservation and there is pressure to build houses.” With most of the larger sites already pre-committed or banked, Ellis said there was only about two to three years of supply of planned industrial land left, based on current consumption rates. […]

Industrial property

Unprecedented demand for industrial property driving up prices

Record demand for industrial space continued to put upward pressure on rents and property values, with the trend expected to continue. Ray White, research business manager, Vanessa Rader, said the unprecedented demand for logistics, transport and warehousing of goods in response to the growth of online retailing has been the catalyst for the resurgence of […]

Industrial property

Scout Cold spends $28 million on suburban Chicago industrial property

Vincent Signorello of Scout Cold and Dominic Sergi of Clear Heights with 1250-1350 Greenleaf Avenue (Scout Cold Logistics, Clear Height Properties, iStock) Scout Capital Partners of Miami has spent $28 million on a 100,000 square foot industrial property in suburban Chicago that has more than quadrupled in value during the pandemic. The seller, Clear Height […]

Industrial property

Studio developer buys industrial property from NoHo

A 37,600 square foot industrial property in North Hollywood has sold for $14.3 million, or $380 per square foot. The property is located at 5446-5450 Satsuma Ave. in the East San Fernando Valley submarket. Built in 1952 and renovated in 2017, the site comprises four buildings including 13,000 square feet of cargo containers converted into […]

Industrial property

Obstacles to overcome to pave the way for a solid development of industrial property

Major investments in highways, electricity and more will see Vietnam climb the industrial and logistics ladder, Duc Thanh A report released last week by Cushman & Wakefield Vietnam said strong demand coupled with the expansion of Chinese manufacturers has driven up the price of industrial land in Vietnam, exceeding manufacturers’ expectations of low costs. “It […]

Industrial property

Industrial property in Addison sold

ADDISON – Clear Height Properties has sold 345 S. Fairbank in Addison to a user after acquiring the property last fall. Transwestern’s Justin Lerner, Joe Karmin and Ross Lehrman represented Clear Height. Brent De Noble and Doug Altenberger of Lee & Associates represented the buyer. Immediately after its acquisition in late November 2021, Clear Height […]

Industrial property

One Liberty Properties increases industrial property

GREAT NECK, NY, May 12, 2022 (GLOBE NEWSWIRE) — One Liberty Properties, Inc. (NYSE: OLP), owner and manager of a primarily industrial portfolio as well as other net leased assets, today announced the acquired a 213,000 square foot industrial building located in Dalton, Georgia for $17.0 million. The property is leased until mid-2032 to QEP […]

Industrial property

One Liberty Properties increases its portfolio of industrial properties with a $17.0 million purchase

GREAT NECK, NY, May 12, 2022 (GLOBE NEWSWIRE) — One Liberty Properties, Inc. OLP, owner and manager of a primarily industrial portfolio as well as other net leased assets, today announced the acquisition of a 213,000 square foot industrial building in Dalton, Georgia for $17.0 million. dollars. The property is leased until mid-2032 to QEP […]

Industrial property

North Fort Worth industrial property returns to global investor

A California-based global investor is bolstering its Dallas-Fort Worth real estate holdings with the purchase of industrial property north of Fort Worth. Ares Industrial Real Estate Trust has purchased the Speedway Trade Center building at 16200 Three Wide Drive in Fort Worth. Built in 2018, the 318,000+ square foot warehouse and distribution building is near […]

Industrial property

Mag Mile Capital Completes $1.2M Permanent Loan Financing for Industrial Property on Chicago’s North Shore

CHICAGO, May 9, 2022 /PRNewswire/ — Mag Mile Capital is pleased to announce Cody HarperVP of Originations got a $1,150,000 permanent debt financing in respect of an owner-occupied industrial/warehouse property located at 5115 Church Street in Skokie, Ill.. Mag Mile Capital The 30,500 square foot property is 90% leased to House of Rental, a second-generation […]

Industrial property

Terreno Realty pays $55 million for Bay Area industrial property

3660 Thomas Road Terreno Realty Corp. expanded its industrial portfolio in the San Francisco Bay Area after acquiring an approximately 135,000 square foot property in Santa Clara, California. The company acquired 3660 Thomas Road for $54.6 million from an undisclosed seller. According to data from CommercialEdge, the previous owner was Marquesas properties. The industrial distribution […]

Industrial property

EverWest pays $14 million for Fort Lauderdale industrial property

Rick Stone of EverWest Real Estate Investors with 635 Northwest Fourth Ave (LinkedIn, Loopnet) Denver-based EverWest Real Estate Investors has purchased fully leased industrial property in Fort Lauderdale for $14.1 million. EverWest purchased the warehouse at 635 Northwest Fourth Avenue and 0.3 acres of land directly south of the building from Dixie Investments IV, according […]

Industrial property

Dalfen Industrial acquires a second industrial property in San Diego

Otay South Logistics Center, is a 66,243 square foot industrial property located in the Otay Mesa submarket of San Diego. Built in 2000, the rear-loading property features 24′ headroom, a 128′ truck yard and 14 dock-height doors. Notable tenants in the area include companies like FedEx, Amazon, kraft, Honeywell, Bose, panasonic and Costco. The property […]

Industrial property

Rising Costs and Limited Supply Put Pressure on Booming Industrial Property Market

Thirty Agnew As we approach 2022, the fundamentals of the industrial real estate market have never been better. The current difficulties relate to supply to meet global demand and adapt to rapidly rising costs. In Q1 2022, the US market delivered 89.9 million square feet of industrial space and continued the blistering pace of absorption […]

Industrial property

Longpoint Realty Partners buys 12-acre industrial property in Van Nuys

Dwight Angelini from Longpoint and 16161 Raymer Street (Longpoint, Google Maps) Longpoint Realty Partners struck the most expensive industrial deal of the year, paying $80 million for a four-building complex in Van Nuys. The Boston-based investment firm has spent $80 million on properties at 16161 Raymer Street totaling 85,000 square feet plus about four acres […]

Industrial property

Welsh industrial property slows in South Wales despite strong performance in North Wales

The takeover of Welsh industrial property in the first quarter of 2022 showed a slower start in South Wales but positive activity in North Wales, according to the latest research from property consultancy Knight Frank. . The five transactions for properties over 50,000 square feet in the first quarter totaled 326,000 square feet, compared to […]

Industrial property

New Executive Regulation of Industrial Property Law

New Executive Regulations of Industrial Property Law Complete UAE’s Patent Legislative System Calling the release of the new Executive Regulations a vital development, HE Dr. Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and SMEs, said the UAE had achieved remarkable results in proliferating the role of innovation and the promotion of intellectual property […]

Industrial property

Ariel Property Advisors Completes $6.2 Million Sale of Staten Island Industrial Property

Ariel Property Advisors has arranged the sale of a 36,602 square foot industrial warehouse at 572 Richmond Terrace in Staten Island, NY, for $6.225 million, which equates to $170/SF. The sale was organized by an Ariel team including Sean R. Kelly, partner; and Stephen Vorvolakos, Director, Investment Sales. The seller in the transaction was Zenith […]

Industrial property

Emirates News Agency – New Executive Regulations of Industrial Property Law complement UAE’s patent law system

ABU DHABI, 29th April, 2022 (WAM) — Calling the release of the new executive regulations a vital development, Minister of State for Entrepreneurship and SMEs, Dr. Ahmad Belhoul Al Falasi, said the UAE has obtained remarkable results in proliferating the role of innovation and promoting intellectual property while encouraging innovators and inventors. This follows the […]

Industrial property

Adoption of industrial property in South Wales eases in Q1 2022, says Knight Frank

According to the latest research from property consultancy Knight Frank, the Welsh industrial property recovery in South Wales got off to a slower start in the first quarter of 2022 compared to the positive activity seen in North Wales. . The five deals for properties over 50,000 square feet in the first quarter totaled 326,000 […]

Industrial property

Welsh industrial property softens in first quarter

The takeover of Welsh industrial property in the first quarter of 2022 showed a slower start in South Wales but positive activity in North Wales, according to the latest research from property consultancy Knight Frank. . The five transactions for properties over 50,000 square feet in the first quarter totaled 326,000 square feet, compared to […]

Industrial property

S’pore rents from industrial real estate, prices continue to increase in Q1; drop in occupancy, according to JTC

SINGAPORE (BUSINESS TIMES) – Rents and prices for Singapore’s industrial properties continued to rise in the first quarter of 2022, although overall occupancy rates declined, according to JTC’s quarterly market report released Thursday (April 28). Prices for industrial space rose 2.1% quarter-on-quarter and 5.6% year-on-year in the first quarter, while rents rose 1% quarter-on-quarter and […]

Industrial property

Jean François Desormeaux discusses the 6 types of industrial property

Jean Francois Desormeaux .. . . . . .. Jean Francois Desormeaux .. . . . . .. … Jean Francois Desormeaux .. . . . . .. … … Jean Francois Desormeaux .. . . . . .. .. . Industrial properties are a subset of commercial properties that house industrial or manufacturing facilities, […]

Industrial property

Industrial Property Rental Growth in Office and Retail for Five Years – Knight Frank Report

Commercial real estate consultancy Knight Frank said industrial property rents are expected to increase on average by 3.1% per year between 2022 and 2026, beating expected rates of 0.9% and -0.3% in the office and retail sectors, respectively. According to the report, the central belt will see above-average growth in lettings of industrial properties, with […]

Industrial property

Madison industrial property sells for $29.58 million | Development

A Madison-area industrial property near Yazoo Brewing Company has sold for about $29.58 million, according to a Davidson County Deeds Registry document. Located near the Cumberland River, the 16.44-acre property offers 171,000 square feet of communal space in two buildings and is located in 526 Myatt Drive. The new owner is an LLC affiliated with […]

Industrial property

Kislak Commercial sells Montclair industrial property for $2.1M

154-162 Montclair Pine Kislak Commercial announced on Monday the recent sale of a 14,000 square foot industrial building in Montclair for $2.1 million. The Woodbridge-based brokerage firm marketed the property on an exclusive basis, with Executive Vice President Peter Wisniewski and Vice President Stephen Gianis managing the assignment on behalf of the seller, Improved Industrial […]

Industrial property

Gorham industrial property with long-term tenant acquired by Portland investor

A long-term tenant and a well-maintained property were the main selling points of an industrial building in Gorham. Northland Enterprises, a commercial property developer and manager in Portland, purchased 12 Bartlett Road from Clean-O-Rama PG LLC for its list price of $3.75 million. Brandon Mitchell and Mark Malone of Malone Commercial Brokers brokered the transaction. […]

Industrial property

New distribution center planned in vacant industrial property in Shirley

Construction could begin as early as next week on the first of three buildings of a new Shirley distribution center that will provide 500,000 square feet of warehouse and storage space, developers say. Precision Innovation Park will be built by AVR SP Brookhaven JV LLC on a previously vacant 48-acre industrial property south of the […]

Industrial property

Guide to Intellectual Property Law in Commercial, Creative and Industrial Property 2022

DUBLIN–(BUSINESS WIRE)–The “Intellectual Property Law. Commercial, Creative and Industrial Property” book has been added to from ResearchAndMarkets.com offer. This four-volume treatise covers all major areas of intellectual property: patents, process patents, trade secrets, copyright, technological protection of works protected by the Digital Millennium Copyright Act, online copyright, and consumer liability. trademarks, protection of semiconductor chips, […]

Industrial property

New York-based Fortress takes industrial property of Sumner for $25 million

By Vladimir Bosanac Interest in industrial space in Puget Sound has been a constant in the region for the past two years, and investors around the world have sought to establish and expand their presence in the market. New York-based Fortress Investment Group is one such investor, and the company just expanded its industry footprint […]

Industrial property

Intellectual Property Law Guide to Commercial, Creative and Industrial Property 2022 – ResearchAndMarkets.com

the “Intellectual property law. Commercial, creative and industrial property” book has been added to from ResearchAndMarkets.com offer. This four-volume treatise covers all major areas of intellectual property: patents, process patents, trade secrets, copyright, technological protection of works protected by the Digital Millennium Copyright Act, online copyright, and consumer liability. trademarks, protection of semiconductor chips, exclusion […]

Industrial property

Plainville industrial property, home to Walker Crane & Rigging, sells for $11.1M

A 114,860 square foot industrial building in Plainville that long housed Walker Crane & Rigging Corp. was sold for $11.2 million in a deal registered by the city on March 14. Royal Realty LLC has sold the building and associated 11.1-acre property at 50 Farmington Valley Drive to Fifty FVD Industrial LTD of Texas. The […]

Industrial property

Industrial property demand exceeds expectations

As Bdaily’s Members’ News reported, Coventry-based commercial estate agent Bromwich Hardy says the market in key parts of the Midlands is now becoming very competitive and markets further south are just as active. In all regions, officers are finding that demand exceeds supply. Founding partner of Bromwich Hardy, Tom Bromwich said that, for example, two […]

Industrial property

Jentayu Sustainables plans to lease industrial property to Petaling Jaya for RM19.99 million

KUALA LUMPUR (April 11): Jentayu Sustainables Bhd (formerly known as Ipmuda Bhd) has offered to sell a leasehold industrial redevelopment plot with warehouses and offices in Petaling Jaya for RM19.99 million cash. Jentayu Sustainables had entered into a conditional sale and purchase agreement (SPA) with Beacon ACM Sdn Bhd on Thursday (April 7) for the […]