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

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

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

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

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

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 […]

Industrial property

Terreno Realty Acquires Industrial Property in Redmond for $9.8 Million

Photo by Petrebels on Unsplash BELLEVUE, Wash. – Terreno Realty Corporation (NYSE: TRNO), a acquirer, owner and operator of industrial real estate in six major U.S. coastal markets, acquired industrial property located in Redmond, Wash. on April 8, 2022 for a purchase price of approximately $9.8 million. The property consists of two industrial distribution buildings […]

Industrial property

Irvine-based Panattoni buys Orange County industrial property

President and Founder of Panattoni Company Carl Panattoni and the project site at 14351 Myford Road, adjacent to the project site at 14451 Myford Road in Tustin. (Google Maps, Panattoni) A global industrial developer has paid $19.3 million for a 90,000 square foot industrial building in Tustin. An Irvine-based subsidiary of Panattoni Development purchased the […]

Industrial property

CenterPoint pays $47.5 million for Miami Gardens industrial property

Bob Chapman of CenterPoint Properties with 17707 Northwest Miami Court (Platformreverecre, Google Maps) CenterPoint Properties continues its industrial real estate buying spree in South Florida, picking up an outdoor truck storage facility in Miami Gardens for $47.5 million. CenterPoint purchased the property at 17707 Northwest Miami Court from Relentless Capital and Drake Real Estate Partners, […]

Industrial property

The industrial property market is heating up | Business

Illustrative image (Photo: VNA) Hanoi (VNA) – from Vietnam industrial real estate market is heating up, driven by an increase in foreign direct investment (FDI) flows. German Framas Group recently rented a 20,000 m² ready-made warehouse at KTG Industrial Nhon Trach 2 in the southern province of Dong Nai. Fabian Urban, director in charge of […]

Industrial property

BTB REIT announces the acquisition of an industrial property located in Ottawa, Ontario

MONTREAL, April 5, 2022 /CNW Telbec/ – BTB Real Estate Investment Trust BTB (“BTB“, the “REITs“or the”Trust“) announces the acquisition of an industrial building located at 1100 Algoma Road in Ottawa, ON. About the Acquisition Acquired for the purchase price of $12.5M1, Algoma Road is 100% leased to Ontario Medical Supply, a subsidiary of Medical […]

Industrial property

Long Beach industrial property sells for $24 million

Rexford Industrial Realty Inc. has acquired Long Beach Business Park for $24 million.The Sawtelle-based company purchased the property, at 700-806 W. 14th S. and 701-733 W. Anaheim St. in Long Beach, from RPG 14.In total, the multi-tenant park covers 123,532 square feet. The seller was represented by Kevin Shannon, Bret Hardy, Scott Schumacher and Ken […]

Industrial property

Developers react to shortage of Class A industrial properties in South Wales

The much publicized lack of available Class A shares has been a key factor in the industrial property market in Wales over the past five years. But the surge in demand caused by the Covid-induced shift to online retailing has dramatically accelerated the problem over the past two years, according to global real estate consultancy […]

Industrial property

ACT Region Industrial Property Sector Sets Record Price

Like housing, the industrial property sector in Canberra has recently set new record prices, with the lack of availability of land driving some of the highest land values ​​in Australia. Currently, 75% of all industrial stock in Canberra is held in Hume and Fyshwick, said Vanessa Rader, head of business research at Ray White. “In […]

Industrial property

Atlanta company acquires industrial property in Greenville > GSA Business

MDH Partners of Atlanta acquired 301 Grove Reserve, a new 158,886 square foot Class A industrial building in the Greenville neighborhood Augusta Grove Business Park. The building was leased to an undisclosed pharmaceutical company, joining GE Aviation, Magna, Android, JTEKT, Orbis and KI Logistics. Terms of the acquisition were also not disclosed. “Greenville-Spartanburg continues to […]

Industrial property

Bayleys expands its presence in the commercial and industrial property market in Canterbury

Friday, April 1, 2022, 6:53 a.m.Press release: Bayley Canterbury’s leading estate agency, Bayleys, is expanding its commercial and industrial sales and lettings footprint in Christchurch – with the acquisition of rival MB Cook Ltd to create the region’s largest industry team. The six MB Cook vendors will move from their current premises in Show Place, […]

Industrial property

BEB Lending provides $5.85m acquisition financing for industrial property in Marlborough

MARLBOROUGH, MA–BEB Lending, the financing platform of BEB Capital, announced that it has provided a $5.85 million bridge loan to Patriot Holding to finance the acquisition of an industrial property at 894-896 Boston Post Road in Marlborough, Mass. The transaction represents BEB’s first in Massachusetts. The duration of the financing is 18 months. “This transaction […]

Industrial property

The terms of industrial property leases are getting shorter and shorter

Owners of warehouses and distribution properties may consider shorter leases to capitalize on growing e-commerce demand, as the rate at which average lease lengths are shortening is accelerating significantly. New analysis from Moody’s Analytics notes that prices and sector fundamentals never declined in the wake of the pandemic, and instead posted record occupancy and rents […]

Industrial property

Industrial property was growing rapidly before the announcement of the factory

Breadcrumb Links News Local News CRBE Windsor’s Brad Collins, left, and Brook Handysides, are pictured outside a recently let industrial property on North Talbot Road, Monday March 28, 2022. Photo by Dax Melmer /Windsor Star Content of the article Local economic development officials said municipalities must act quickly to ensure there are enough ready-to-use properties […]

Industrial property

Forte Capital Management flips Wynwood’s industrial property for $11.2 million in off-market deal – PROFILE Miami

Forte Capital, led by Chaim Cahane, and Sheridan Capital knocked down 2830 NW Fifth Ave. to Wynwood for $11.2 million just months after acquiring the industrial property for $6.35 million in December 2021 from Alex Karakhanian’s LNDMRK development. The buyers are Alex Kleyner and Diana Ulis who are developing an ultra-luxury home designed by Kobi […]

Industrial property

Demand for industrial properties in Yorkshire outstrips supply as takeover levels plummet due to lack of space

According to the latest industry and logistics view from commercial real estate firm Colliers, the region had a strong 2021 with demand for units over 100,000 square feet reaching support levels of 7.5 million. square feet, down slightly from the previous year’s record 7.7 sq. ft. The report says investors in Yorkshire last year created […]

Industrial property

Avison Young arranges sale of Essex County industrial property

According to Avison Young, the only existing refrigerated space available for rent in North Jersey has a new owner. On March 21, the New Jersey office of the commercial real estate company announced that it had arranged the sale of 149 New Dutch Lane in Fairfield, a 39,800 square foot industrial property with 30,500 square […]

Industrial property

Avison Young negotiates the sale of a 39,800 square foot industrial property

Avison YoungThe New Jersey office announced Monday that it has arranged the sale of 149 New Dutch Lane in Fairfield. Built in 1979, the 39,800 square foot industrial property has 30,500 square feet of refrigerated warehouse space and is located in one of the most robust logistics centers in the Northeast. Avison Young senior vice […]

Industrial property

Industrial property should heat up, driven by the influx of FDI | Business

The demand for industrial land and ready-made factories is expected to increase significantly this year, as investors can travel freely in Vietnam. (Photo: baochinhphu.vn) Hanoi (VNS/VNA) – The industrial property market is expected to warm up this year, driven by an influx of foreign direct investment (FDI), thanks to the improvement in the manufacturing sector […]

Industrial property

Industrial property should heat up, driven by the influx of FDI

VIETNAM, March 19 – The demand for industrial land and ready-made factories is expected to increase significantly this year, as investors can travel freely in Việt Nam. — Stock Photo baochinhphu.vn HÀ NỘI — The industrial property market is expected to heat up this year, driven by an influx of foreign direct investment (FDI), thanks […]

Industrial property

Faropoint Acquires 62,000 Square Foot Last Mile Industrial Property in Meadowlands for $17.7M

Faropointa leading real estate investment firm focused on last-mile industrial properties in high-population-growth markets, announced Wednesday the acquisition of 121 Moonachie Ave. – a 62,000 square foot building in Moonachie – for $17.7 million. “Northern New Jersey remains an attractive and competitive market for industrial investment as the need for last-mile logistics and distribution centers […]

Industrial property

Real estate insider: Detroit planners working on industrial property investigation

Bryant said that shortly before he arrived in the city to take over the planning department, the city hired a new senior planner, Julie Connochie, whose background is in industrial planning. “We really gave him the reins to take a close look at the industrial landscape that exists in the city,” Bryant continued later in […]

Industrial property

Dalfen Industrial Acquires Industrial Property in the Charleston Area

The property is on the rapidly expanding I-26 corridor, which leads directly to all three ports in Charleston. The Charleston Industrial Market has been in the top 10 fastest growing MSAs by population and economy for several years. Population growth has been over 20% over the past two decades and tenants have demanded space at […]

Industrial property

Leda Holdings triples its budget in four years

ESR plans to redevelop the site, which houses old-style industrial buildings and brings in about $4.25 million in annual rent, into a multi-level logistics facility. Rob Ell, chief executive of Leda Holdings – and son of Bob Ell – said the company was still bullish on industrial property and planned to continue investing in the […]

Industrial property

It’s time to change Sungai Buloh’s industrial property market

KUALA LUMPUR (March 13): Bordering the bustling towns of Kepong and Damansara, Sungai Buloh has come of age over the past 20 years. The development of this area is anchored by industrial and residential segments. Sungai Buloh Industrial Market is well known for its many local small and medium enterprises (SMEs), especially those in the […]

Industrial property

Cushman & Wakefield arranges $24.9M acquisition financing for industrial property in Pine Brook

Cushman and Wakefield was the exclusive advisor to Camber Real Estate Partners in connection with securing $24.875 million in acquisition financing for a 259,230 square foot industrial property located in Pine Brook. The three-year loan was granted by Voya Investment Management. A Cushman & Wakefield Equity, Debt & Structured Finance team comprising John Alascio, Chuck […]

Industrial property

Optimistic investment sentiment in the field of industrial property

The logistics sector has seen a number of large-scale investments in the first few months of the year as it experiences a period of significant growth which is vital to the ongoing development of the country’s economic recovery. Many real estate developers are looking for industrial land for quality warehouses and more, Photo: Le Toan […]

Industrial property

North Palisade Partners adds third SoCal industrial property in 60 days – Business Observer

North Palisade Partners is on a buying spree after adding a third industrial and self-storage development in Southern California to its portfolio in the past 60 days. In its latest move, the company announced it had acquired an 11-acre site in Pomona, eastern Los Angeles County, for $43.5 million. It is located at 2000 Boulevard […]

Industrial property

NAI Legacy acquires industrial property for the expansion of the Jonny Pops company

NAI Legacy Acquires 80,000 Square Foot Industrial Facility Acquisition for DST Placement Minneapolis, MN – NAI Legacy and its affiliates are pleased to announce the acquisition of the ±80,000 square foot industrial property for JonnyPops’ new corporate headquarters. The new facility, what they call the “Plant for the Future” project, is located ±30 miles outside […]

Industrial property

Hunt Midwest Completes Sale of 322,000 Square Foot Industrial Property in Louisville

Kansas City-based commercial real estate company Chasing the Midwest recently completed the sale of Blankenbaker Logistics Center, a 322,831 square foot industrial transhipment project, in Louisville, Kentucky, for $43 million. The buyer was Bixby Land Company, a private REIT based in Newport Beach, Calif. Piston Automotive signed a full construction lease prior to construction completion. […]

Industrial property

NAI Legacy Acquires Industrial Property for Jonny Pops Expansion

ELK RIVER, MN, USA, March 4, 2022 /EINPresswire.com/ — Contact information: INA’s legacy Amelia Bjorklund investment analyst 3600 American Boulevard West Suite 360 Bloomington, Minnesota 55431 (952) 491-3069 [email protected] NAI Legacy Acquires 80,000 Square Foot Industrial Facility Acquisition for DST Placement Minneapolis, MN – NAI Legacy and its affiliates are pleased to announce the acquisition […]

Industrial property

Ocean West Capital buys Flex industrial property in Los Angeles

Ocean West Capital Partners has acquired Smoky Hollow Flex Campus, a 152,000 square foot flexible industrial building, in an off-market deal. Situated on 5.1 acres in the Smoky Hollow neighborhood of El Segundo, the property sits in one of Southern California’s most desirable industrial areas. The 1960s period building currently features a brick facade, roll-up […]

Industrial property

Faropoint buys industrial property on Philips Highway | Jax Daily Record | Jacksonville Daily Record

Faropoint, based in Hoboken, New Jersey, purchased a 100,625 square foot industrial building at 7720 Philips Highway on Feb. 28 for $9.6 million. Robert T. Wolfenden Separate Living Trust has sold it, according to a press release from real estate firm Colliers. Jaguar Power Sports and Setzer’s lease the property. Eric Bumgarner, executive director of […]

Industrial property

UK industrial property surged in 2021 as median total return topped 30%

The fourth quarter of 2021 saw UK commercial property record its best single-quarter total return since the fourth quarter of 200 Permanent investment; Range of yields Source: MSCI The fourth quarter of 2021 saw UK commercial property post its best single-quarter total return since the fourth quarter of 2009. A quarterly return of 6.3% carried […]

Industrial property

Plans to redevelopment of existing Beltline Trail industrial property move forward

the Atlanta Zoning Review Board reviewed and recommended approval of a property rezoning application submitted by Jefferson Beltline LLC. Plans include the rezoning of a 1.03 acre parcel to construct a mixed-use development and related accessory uses. The current industrial zoning designation does not permit multi-family residential or commercial uses. Sign up now to receive […]

Industrial property

Walton Street Capital buys Woodland Hills industrial property for redevelopment

Walton Street Capital Eric Mogentale, Jeffrey Quicksilver, Robert Bloom and Richard Ratke with Woodland Hills with 21200 Victory Boulevard in Woodland Hills (Walton Street Capital, Google Maps) Chicago-based investment firm Walton Street Capital has purchased a manufacturing facility in Woodland Hills, Calif., with plans to redevelop it into a Class A complex. A subsidiary of […]

Industrial property

Private San Diego investor buys small industrial property in Chula Vista for $1.5 million

935 Broadway in Chula Vista. Photo credit: Screenshot, Google Street View A pair of private investors were part of a $1.5 million deal involving a 4,000 square foot industrial property in Chula Vista, according to brokers. Nicholas Totah and Ricardo Partida, executives of the Totah group in Marcus & Millichap’s Downtown San Diego office, represented […]

Industrial property

Vietnam’s industrial property sector optimistic

Vietnam’s industrial real estate sector is seen as a bright spot this year, and real estate companies with industrial parks are expected to benefit from increased demand and rental prices. According to SSI Securities Inc, public investment in improving infrastructure linking industrial parks is helping to recover demand for leased land in industrial parks. Infrastructure […]

Industrial property

Summit Industrial Income REIT Announces Acquisition of Montreal Industrial Property and Net-Zero Carbon Expansion Project

TORONTO, February 23, 2022 /CNW/ – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has waived certain conditions and will acquire a 226 000 square feet combined with a 150,000 square foot industrial expansion project in Pointe Claire, Quebec on the west side of Montreal. The top will pay […]

Industrial property

Industrial property sector optimistic – EIN Presswire

VIETNAM, February 19 – A view of the Đình Vũ Industrial Park in the city of Hải Phòng. In 2022 and 2023, the supply of industrial land is expected to increase by more than 7,000 ha for the North and South regions. Photo VNA/VNS Photo HÀ NỘI — The industrial real estate sector is seen […]

Industrial property

Stos Partners Acquires 35,000 Square Foot Industrial Property in Los Angeles County – OsideNews

Encinitas CA— Stos partnersone of Southern California’s most active commercial real estate investment and management firms, acquired a two-tenant, 35,000 square foot industrial property in the Los Angeles County submarket in Signal Hill, California. The company’s first purchase of 2022 follows a record year in which Stos Partners negotiated more than $330 million of commercial […]

Industrial property

Proposed mixed-use development on industrial property

Proxima 2085 Development Marietta LLC submitted plans to City of Atlanta requiring the rezoning of properties located within 2051, 2085 and 2095 Marietta Blvd.. The rezoning would allow the property to be redeveloped into a mixed development within the 6,712 acre collective parcel. In addition, the developer is requesting a full development plan amendment to […]

Industrial property

West Hartford investor buys mid-size industrial property for $883,584

A local real estate investment firm that sold a mid-size industrial property in West Hartford for $900,000 in 2020 recently bought it back for slightly less. C&G Properties, of West Hartford, sold the 1.6-acre property with two light fabrication buildings to Albert Kalanica in 2020. Albert sold the property back to C&G for $883,584 in […]

Industrial property

Covington council approves sale of industrial property for $1.75 million

COVINGTON, Ga. – Covington City Council members have unanimously approved the sale of nearly 35 acres of industrial property to Newton Investments, LLC. The 34,928-acre property, part of the Covington/Newton County Industrial Park, is located adjacent to Georgia Hwy. 142, will sell for $50,000 an acre, for a total of approximately $1.746 million. Since the […]

Industrial property

Buyers eye Mt Maunganui site amid ‘chronic shortage’ of industrial property

Monday, February 14, 2022, 8:36 a.m.Press release: Bayley A large industrial site for sale in Mt Maunganui is expected to spark a flurry of buyer interest as Covid-related freight and supply chain issues fuel an acute shortage of industrial property in the market. The well presented warehouse building on over 7,000 square meters of freehold […]

Industrial property

Industrial property with Holliston marijuana grow site sold

An industrial property in Holliston that houses a cannabis grow facility is the top real estate deal this week. Holliston Assessors records show that the property, 29 Everett St., has an industrial building and outbuildings on 4 acres. He was transferred on January 31 for $16 million. New England Cannabis Corporation Inc. has listed 29 […]

Industrial property

Borgman Capital adds a fourth industrial property to its real estate portfolio

Milwaukee-based Borgman Capital expanded its real estate portfolio this week to include four properties. The private equity firm acquired a property located at 7711 N. 81st St. in Milwaukee. The 170,000 square foot industrial warehouse was… Based in Milwaukee Capital Borgman expanded their property portfolio this week to include four properties. The private equity firm […]

Industrial property

This interactive chart shows how industrial property conquered the stock market

If you need help visualizing how much logistics real estate has eclipsed other real estate sectors, the dynamic chart below should do the trick. Using data from Green Street, bisnow created a data visualization showing how the market capitalizations of the UK’s largest listed property companies have risen and fallen since 2010. In 2010, the […]

Industrial property

Six-acre industrial property on Chicago’s South Side hits the market

The industrial building on the six-acre property at 1111 West 35th Street (CBRE Deal Flow, iStock) A six-acre industrial site on the South Side of Chicago has entered the market as demand for warehouses has increased. The site at 1111 West 35th Street includes an 11-story, 869,660-square-foot industrial building with office space, according to CBRE’s […]

Industrial property

City of Industry industrial property sells for $11 million

15430 Procter Ave. in the city of industry. Brentwood-based Rexford Industrial Realty Inc. has purchased nearly 4 acres of industrial property in the City of Industry for nearly $11 million.The property, at 15430 Proctor Ave., is 64,320 square feet.Bob Dipre and Dennis Sandoval of DAUM Commercial Real Estate Services represented the seller, Gayton Group, in […]

Industrial property

Witham’s industrial property sold for over £8m

An industrial property has sold for over £8m on an estate just off the A12. Estate agency Fenn Wright has secured the deal which has seen 2 Eastways, in the industrial estate of Freebournes Road, Witham, sold for the figure of several million pounds. The property comprises a detached factory/warehouse with offices to the front […]

Industrial property

AEW Capital Management pays $18.4 million for Arlington Heights suburban industrial property

Jonathan Martin, CEO – North America, AEW Capital Management in front of 1400 W. Dundee Road in Arlington Heights (AEW Capital Management, LoopNet) A Boston real estate investment firm has paid $18.4 million for a 375,000 square foot warehouse in Arlington Heights, betting industrial real estate will have another strong year in Chicago. AEW Capital […]

Industrial property

Developer pays $20 million for West Side industrial property | Development

Nashville-based developer and Stocking 51 owner Nathan Lyons paid $20 million for industrial property at The Nations, according to a Davidson County Deeds Registry document. The addresses are 1101 and 1111 63rd Ave N. The seller of the West Nashville property was Genesco Inc., which paid a collective $333,000 for the land and warehouses therein […]

Industrial property

East End Capital Acquires Industrial Property of Sunnyside

Jonathon Yormak, Founder, Managing Director, East End Capital; and map of 48-02 48th Avenue in Sunnyside Queens (East End Capital, Google Maps) East End Capital has reportedly taken a bite out of Queens’ bustling industrial market, acquiring a refurbished industrial property in Sunnyside. The company paid $41.7 million for the warehouse at 48-02 48th Avenue, […]

Industrial property

Residential and industrial real estate will attract most investment in 2022, says Savills

Residential and industrial real estate will be the strongest real estate investment asset class in the world in 2022, according to research from consultancy Savills. Global real estate investment volumes rose 38% to $1.3 trillion in the 12 months to November 2021, compared to the corresponding period in 2020, Savills said, as a growing number […]

Industrial property

Marcus & Millichap sells 479,000 square foot RI industrial property for $3.5 million

CUMBERLAND, RI – Marcus & Millichap announced the sale of 1 Ann and Hope Way, a 479,000 square foot industrial property located in Cumberland, RI. The asset sold for $3,500,000. Harrison Klein, Laurie Ann (LA) Drinkwater, CCIM and Seth J. Richard, investment specialists in Marcus & Millichap’s offices in Boston and Manhattan, had the exclusive […]

Industrial property

Avison Young arranges sale-leaseback of 10-acre industrial property in Dayton for Prologis

Prologis purchased, with rental plans, a 10-acre industrial property in that currently occupied by Fleet Source and other tenants, according to an announcement made Tuesday by Avison Youngfrom the Metropark office. Avison junior directors Edward English, Ron Ganter and Tom Giannone, senior vice presidents Timothy Cadigan and Matthew Turse and senior partner Paul Errigo, all […]

Industrial property

North West industrial property transaction values ​​break through £1billion barrier in record year

The North West industrial property market had another record year in 2021, with investment deals crossing the £1 billion mark for the first time. A report by specialist agents, B8 Real Estate, also found that occupant care was at unprecedented levels. There were 106 investment deals worth a total of £1.3bn during the year – […]

Industrial property

Deal value tops £1bn in record year for North West industrial property market

Walker Industrial Estate, Blackburn 2021 has been another banner year for the North West industrial property market, with investment deals crossing the £1billion mark for the first time and occupier takeover at record levels previous, according to specialist agents B8 Real Estate. IThe latest market update shows there were 106 investment deals worth a total […]

Industrial property

Thor Equities Group acquires key industrial property in

New York, NY, Jan. 24, 2022 (GLOBE NEWSWIRE) — Thor Equities Group, a global leader in the development, leasing and management of urban real estate, is pleased to announce the acquisition of a facility industrial building in Newark, New Jersey, covering 131,205 square feet. Located 10 kilometers north of Newark International Airport and 16 kilometers […]

Industrial property

Investor takes ownership of DeSoto

An investor has snapped up industrial property off Interstate 20 in DeSoto. The I20 Corporate Center is a 385,472 square foot industrial property located at 220 E. Danieldale Road. The building is Diab America’s North American headquarters and supplier of industrial materials and machinery. The warehouse was built in 1986 and expanded in 1992. Bradford […]

Industrial property

State DEC, EPA Investigate Allen Street Industrial Property

1061 Allen Street An Allen Street industrial property threatened with collapse is also being investigated by the State Department of Environmental Conservation and Environmental Protection Agency for contamination. The property is located at 1061 Allen Street and is owned by Allen Street Development LLC whose main owners are Richard Rusiniak and his wife from Cheektowaga. […]

Industrial property

Thor Equities Group acquires a key industrial property in

New York, NY, Jan. 24, 2022 (GLOBE NEWSWIRE) — Thor Equities Group, a global leader in the development, leasing and management of urban real estate, is pleased to announce the acquisition of a facility industrial building in Newark, New Jersey, covering 131,205 square feet. Located 10 kilometers north of Newark International Airport and 16 kilometers […]

Industrial property

Sitex Group pays $30 million for Greenpoint industrial property

360 Kingsland Avenue in Greenpoint, Brooklyn (Google) Sitex Group acquired an additional 98,000 square feet of industrial property in Brooklyn earlier this month for $30 million. According to the Commercial Observer, the New Jersey-based investor snapped up 360 Kingsland Avenue via an off-market deal brokered by TerraCRG partners Dan Marks and Daniel Lebor on Jan. […]

Industrial property

Marcus & Millichap Reaches Deal on 47,654 Square Foot Industrial Property Near Magic City Innovation District for $13 Million

MIAMI, Fla., January 19, 2022 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, today announced the sale of Little River, a 47,654 square foot industrial property located in Miami, Florida. According to Ryan Nee, senior vice president and district manager of […]

Industrial property

814 housing units proposed for industrial property in Port Covington

Today at the Baltimore Department of Urban Planning’s Urban Design and Architecture Advisory Committee (UDAAP), 28 Walker and its development partners, K. Hovnanian Homes and Greystar, presented a master plan for 814 accommodations in Port Covington. The development will replace Locke Insulators’ former 25-acre property at 2525 Insulator Dr. The Locke Insulator Company built its […]

Industrial property

Weston Acquires Another Midlands Industrial Property > Columbia Business Report

Weston Inc., a Cleveland-based property owner and developer, continues to acquire properties in the Midlands. Weston, with nearly 7 million square feet in its SC portfolio of 45 properties, has acquired a vacant 182,160 square foot industrial building at 3240 Brittain Drive in Newberry. Last February, Weston acquired three vacant properties in the large Columbia […]

Industrial property

Industrial property will outperform in 2022

Industrial property will continue to perform well in the commercial sector, while CBD offices and retail will potentially struggle in 2022. That’s the belief of appraiser, Nick Barlow of Suburbanite, who predicts another strong year ahead for commercial real estate. According to Mr. Barlow, the commercial real estate market and the industrial sector, in particular, […]

Industrial property

5 Upstate Industrial Property Updates; Lockheed Greenville Hiring Event: Business Notes | Greenville Company

Commercial real estate company Necklaces projects that request industrial properties will continue to increase in 2022 throughout South Carolina. The agency reported that vacancies statewide for various industrial properties – flex, research and development, manufacturing, warehouse and distribution spaces – fell from 6.24% in the second quarter of 2021 to 4 .84% in the third […]

Industrial property

Staley Point Capital Acquires Prime Industrial Property in Santa Fe Springs for $35 Million

LOS ANGELES, January 18, 2022 /PRNewswire/ — Staley Point Capital (“Staley Point“), a value-added investor focused on infill industrial properties, today announced the off-market acquisition of 12065 Pike St, a 159,964 square foot infill industrial asset at Santa Fe Springs, California, for $35 million. The transaction, which represents a purchase price of $219 per square […]

Industrial property

Staley Point Capital and Bain buy Santa Fe Springs industrial property for $35 million

Kevin Staley, Managing Partner, Staley Point Capital; Andrew Terris, managing director, real estate, Bain Capital; and view of 12065 Pike Street (Google Maps, Bain Capital, Staley Point) UPDATE: January 21, 2022, 11:52: It’s not quser interfacete a six-pack, but Staley Point Capital and Bain Capital Real Estate are expanding their industrial portfolio in Los Angeles, […]

Industrial property

Industrial property and retail warehousing outpace office investment in Scotland for the first time since 2011

Industrial property and retail warehousing outperformed Scottish office investment for the first time since 2011, according to Knight Frank. The sub-sectors were responsible for boosting commercial property investment in Scotland, with a combined investment of £541m last year. The estate agency and property consultancy revealed this represented almost a third of the overall 2020 investment […]