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.
Provident Begins Construction of Phase 4 at El Paso Industrial Park
Gateway Logistics Park is well positioned for tenant operating in cross-border logistics and distribution and phase four will deliver nearly 500,000 square feet of new class A industrial space to the El Paso, Texas, market.
HuFriedyGroup Inks Lease at Logistics Center in Glenview
Dental instrument manufacturer leases full building at Dermody’s Glenview industrial logistics facility north of Chicago. One of the several campus buildings still in development has also been pre-leased.
Merritt Completes Leasing at Jacksonville Industrial Park
After reaching full occupancy of both phase one and phase two of the Imeson industrial park in Jacksonville, Meritt is looking at kicking off phase three of development in the near future.
M2G Ventures Buys Industrial Park in North Dallas Submarket
The property incorporates more than 180,000 square feet of north Dallas industrial space and was reportedly nearly 100% leased at the time of sale.
Q4 2024 Industrial Ranking Report: Phoenix Holds Onto #1 Spot as Nationwide Construction Slows
We ranked the nation’s major industrial markets in Q4 2024 based on several indicators such as rent growth, vacancies, online searches and more. See the full list here.
Rockpoint Buys Central Massachusetts Distribution Center in Record Deal
Rockpoint’s aquisition of the 70-acre Greater Boston warehouse and distribution property marked the largest real estate sale in Central Massachusetts since the Staples headquarters changed hands in 2020.
Hyundai America Inks New Lease for Orange County Warehouse
Hyundai America Technical Center, the research and development arm of Hyundai Motor Company, has leased a 91,600-square-foot distribution warehouse at LogistiCenter at Irvine II in Irvine, Calif.
1st Hyperscale Data Center Campus Coming to Kentucky
Work on the first phase of the hyperscale data center campus in Louisville is expected to begin in 2025. First building delivery expected in Q4 2026.
PrimeSource Signs Last-Mile Logistics Lease in Hudson Valley, NY
The Maybrook Logistics Center offers excellent connectivity across the region and links PrimeSource with some of the strongest markets east of the Mississippi.
Joint Venture Locks Down $600 Million Construction Loan for Virginia Data Center
Blue Owl Real Estate, in partnership with Chirisa and PowerHouse Data Centers, has secured a $600 million construction loan to develop a 50-megawatt data center in Chester, Va. The project, located within the Chirisa Technology Park, is strategically positioned approximately 20 miles south of Richmond.
