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 […]

Commercial property

Can the Russian-Ukrainian crisis make CRE more sustainable?

With energy prices skyrocketing since Russia’s invasion of Ukraine, there is much talk about how to reduce America’s dependence on expensive foreign oil and reduce our reliance on oil and gas. gas, period. Does this mean that the Ukrainian crisis will accelerate energy efficiency and the transition to renewable energies? If the pattern of history […]

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 […]

Commercial property

2022 Commercial Property Tax Appeals: The Transition from the COVID-19 Pandemic to the Endemic Environment

Property tax appeal filing season has suddenly arrived. The extent of the COVID-19 pandemic on real estate appraisals remains unclear, and many landlords may not even have begun to focus on how it has affected their property appraisals. The sectoral impact of the pandemic Certain types of goods seem to have been unquestionably negatively impacted […]

Commercial property

Industrial Capital Must Stay Abundant: Q&A with CBRE

Chris Riley, President of Industrial and Logistics Capital Markets, CBRE. Image courtesy of CBRE With the unprecedented need for warehouse and distribution space in the United States during the pandemic, the industrial sector has quickly become the haven for commercial real estate, creating competition between investors, developers and lenders. As logistics and e-commerce continue to […]

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

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

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 […]

Commercial property

Year of the Tiger bodes well for commercial property as investors look to New Zealand as a ‘safe haven’

Monday, February 7, 2022, 5:20 p.m.Press Release: Bayleys Realty Group China’s Year of the Tiger could mean renewed interest in New Zealand commercial property from overseas investors seeking a safe haven amid the Covid chaos, a leading Asian property expert has said. sales. James Chan, Director of Asian Markets James Chan, head of the Asian […]

Commercial property

Rockefeller Group joint venture to develop office real estate in Denver

North River Paradigm. Image courtesy of Rockefeller Group and Jordon Perlmutter & Co. Construction is set to begin later this month on Paradigm River North, an eight-story, 200,000-square-foot mixed-use office building in Denver’s River North Art District. Also known as 3400 Walnut St., the project is being developed by a joint venture of Jordan Perlmutter […]

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

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

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

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 Acquires Industrial Property of City of Industry for $22 Million

LOS ANGELES, January 13, 2022 /PRNewswire/ — Staley Point Capital (“Staley Point“), a value-added investor focused on infill industrial properties, today announced the off-market acquisition of 18689 Arenth Ave, a 97,000 square foot industrial asset in the City of Industry, Californiafor $22 million or $227 per square foot. The transaction represents the company’s first investment […]

Industrial property

One Liberty Properties increases its industrial property

GREAT NECK, NY, January 11, 2022 (GLOBE NEWSWIRE) – One Liberty Properties, Inc. (NYSE: OLP), owner and manager of a predominantly industrial portfolio as well as other geographically diversified net leased assets, announced today ‘ hui that it acquired a 53,000 square foot industrial building in Fort Myers, Florida for $ 8.1 million. The property […]

Commercial property

40.8% increase in commercial real estate transactions

PLANNED ACTION: Industrial properties and land are expected to sell well this year, while prices near Taoyuan Airport and Taichung are expected to rise By Crystal Hsu / Journalist Commercial real estate transactions in the last quarter jumped 40.8% from three months earlier to NT $ 46.3 billion ($ 1.67 billion), mainly driven by demand […]

Commercial property

Commercial real estate transactions jump 40.8%

PLANNED ACTION: Industrial properties and land are expected to trade well this year, while prices near Taoyuan Airport and in Taichung are expected to rise By Crystal Hsu / Staff Reporter Commercial real estate transactions last quarter jumped 40.8% from three months earlier to NT$46.3 billion ($1.67 billion), driven mainly by demand for industrial properties […]

Commercial property

Quick-delivery ‘arms race’ drives up rents for commercial properties in London

A worker fills orders at a Gorillas ‘dark store’ in London’s trendy Shoreditch on May 20, 2021. Hollie Adams | Bloomberg | Getty Images LONDON – A battle for space fueling the super-fast grocery delivery boom is pushing up rents in parts of London’s commercial property sector. Companies like Getir, Gorillas and Zapp, which promise […]

Industrial property

Staley Point Capital Acquires Second Commercial Industrial Property for $13 Million

LOS ANGELES, December 17, 2021 /PRNewswire/ — Staley Point Capital (“Staley Point“), a value-added investor focused on infill industrial properties, today announced the acquisition of 2425 Saybrook, a 42,000 square foot warehouse with excess land in Commerce, Calif., for $12.95 million. dollars, or $308 per foot of building or $119 per foot of land. The […]

Industrial property

CPPIB Invests in Clean Energy Provider, OMERS Subsidiary Forms Proprietary Joint Venture

Following its investment, CPPIB intends to allocate more capital to Octopus Energy to help it build smart grid capabilities and expand green power generation capabilities, according to a press release. Read: OTPP buys reverse mortgage bank, BCI invests in US media operator Based in the UK, Octopus Energy provides green energy services to over three […]

Industrial property

Dalfen Industrial acquires the industrial property of Winston Salem

Located in the Union Cross submarket, this neighborhood offers a distinct advantage in terms of accessibility and a high quality tenant base with institutional ownership. The building is 100% occupied by a tenant who is currently paying below market rent, which represents a significant increase during renewal as well as when leaving. Other tenants in […]

Industrial property

Staley Point Capital acquires industrial property from Sylmar for $ 24 million

LOS ANGELES, December 9, 2021 / PRNewswire / – Capital of Staley Point (“Pointe Staley“), a value-added investor focused on Southern California industrial properties, today announced the acquisition of 12450 Foothill Blvd., a 103,000 square foot industrial property in the North Los Angeles market, for $ 24 million ($ 234 per square foot). This transaction […]

Industrial property

Devli acquires an industrial property of 460,000 s / f PA

Devli Real Estate has acquired a 38-acre 461,433 s / f industrial property in Bedford, Pennsylvania. Located at 550 Sunnyside Road, the property is fully leased to a trio of premium tenants and includes expansion capacity. The property has easy access to major freeways, between I-70 / I-76 and Route 30, and serves the entire […]

Industrial property

North Staffs companies jostle for industrial property as national shortage continues

Businesses are scrambling to snap up industrial property in North Staffordshire as soon as it hits the market due to a nationwide shortage of warehousing, according to agents at Harris Lamb. While there has been a widespread shortage of industrial property for several years, the Covid-19 pandemic has compounded the problem. Agents say demand has […]

Industrial property

Dalfen Industrial Acquires Industrial Property in the Dallas Area

This property has excellent last mile fundamentals with its proximity to DFW International Airport and dallas/field of love. It connects to both dallas and fort worth, a market of nearly 8 million people, through arteries such as Interstate 35, Loop 12, Hwy. 114 and freeway. 183. Other tenants in the area include FedEx, UPS, PepsiCo, […]

Industrial property

Arden Group launches industrial property investment platform Arden Logistics Parks

PHILADELPHIA CREAM, November 16, 2021 / PRNewswire / – Arden Group (“Arden “), a fully integrated real estate company since 1989, today announced the launch of Arden logistics parks, a first-class logistics real estate operating platform specializing in the acquisition, improvement and real estate management of light industrial activity parks across the country. Technology investment […]

Industrial property

Dalfen Industrial acquires the industrial property SoCal

The industrial property is located less than 3 miles from I-215, providing southern access to San Diego, and north to I-10, SR-CA-60 and CA-SR-91, allowing east-west connectivity, including Port Long beach/Port Los Angeles about 70 miles west. In recent months, the Inland Empire region of California has experienced a 20-30% rent increase along with a […]

Industrial property

GPR Ventures acquires the industrial property of Natomas

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

Industrial property

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

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

Industrial property

Industrial property overhang immersion | EdgeProp.my

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

Industrial property

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

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

Industrial property

Latest lockdown adds fuel to industrial property market

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

Industrial property

Staley Point Capital Acquires Placentia Industrial Property for $15 Million

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

Industrial property

Highways help increase the value of industrial properties

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

Industrial property

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

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

Industrial property

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

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

Industrial property

BTB announces the acquisition of an industrial property located in Saint-Laurent, Montreal

Kore Outdoor Inc is a conglomeration of some of the most important brands in the paintball industry, spread over eleven locations, in four countries. Producing billions of paintballs each year, they are known for their popular brands such as: Tippmann, Empire, Spyder, Vforce, JT and GI Sportz to name a few. Located in Montreal, Kore […]