Industrial
Industry news focusing on lease and sale transactions, as well as construction activity in the fast-moving industrial real estate sector, including warehousing, distribution centers, logistics hubs, manufacturing, and data centers.
Sagard Real Estate Teams Up With Canadian Pension Fund for U.S. Industrial Investment
A Canadian pension fund has completed its first U.S. industrial acquisition through a new partnership with Sagard Real Estate, the property arm of the global asset management firm. Ontario Teachers’ Pension Plan and Sagard Real Estate purchased a 163,000-square-foot industrial space in Houston, according to a press release.
Harbor Capital Buys Arlington, Texas, Industrial Property in Tight Submarket
Harbor plans to implement a focused capital improvement strategy, make property upgrades to support tenant renewals, and position the asset to capture market rent growth.
Industrial Sales Remain Level Despite Headwinds
Year-to-date industrial transactions now total $33.8 billion, which is on par with sales in the same period of 2024 and 2023, showcasing the sector’s durability even in the face of trade and policy headwinds.
iDC Logistics Signs Double Lease Deal for Inland Empire Warehouses
iDC Logistics is expanding its footprint in southern California with two new leases for a combined 1.1 million square feet.
The first of these is Alere Property Group’s 844,311-square-foot, temperature-controlled industrial space in San Bernardino, Calif., while the second one is a 260,000-square-foot property owned by a Principal Financial Group affiliate.in the City of Industry.
Industrial Supply Returns to Pre-2020 Levels
With vacancies reaching a decade high of 9%, industrial real estate is pivoting toward manufacturing and data centers, although these asset types may also face headwinds due to new legislation.
Industrial Markets Navigate Changes Amid Tariff Tensions and Supply Shifts
Tariff uncertainty continues to impact the industrial sector and ripple through supply chains, as market conditions shift
Blackstone Secures $1Billion Refi for Multi-State Industrial Portfolio
Blackstone Real Estate Income Trust (BREIT), the firm’s nontraded REIT, recently refinanced a portfolio comprising 59 industrial properties spanning 13 states. This was achieved by securing a $1 billion CMBS loan that was originated late last month. The syndicate of lenders for this loan includes Goldman Sachs, German American Capital Corp., Barclays Capital Real Estate Inc. and JPMorgan Chase. This is an interest-only, floating-rate loan with an initial term of two years and featuring three additional one-year extension options.
U.S. Data Center Boom: Northern Virginia Leads, but Atlanta & Phoenix Closing In
Trio Manufacturing Moves Headquarters Following $20 Million Expansion
Trio Manufacturing, a company specializing in aircraft engineering and manufacturing for both commercial and military sectors, is significantly expanding its operations in the South Bay. The company is relocating its headquarters and manufacturing plant from El Segundo, Calif., to a 123,200-square-foot industrial facility located at 17006 S. Figueroa St. within the Harbor Gateway area near Gardena and Carson, Calif.
Penzance Expands Industrial Portfolio With $55 Million in Northern Virginia Purchases
The $55 million acquisition included Gateway Centre in Northern Virginia — a 102,277-square-foot industrial flex building constructed in 1988 and located at 7201-7401 Gateway Court — and Linden Business Center, a similarly sized, 109,809-square-foot property at 7245-7795 Coppermine Drive that was built in 2001. The assets total 212,086 square feet and were sold by a partnership between Davin Holdings and The Davis Companies.
