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.
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.
Howard’s Appliances Expands with New Headquarters & Distribution Center
Howard’s Appliances has secured a significant lease for its new corporate headquarters, main distribution center, showroom and outlet. The company has leased a 127,540-square-foot industrial facility at 111 N. Baldwin Park Blvd. in the City of Industry, Calif.
Broe Group Buys Former Kellogg’s Manufacturing Facility
With this acquisition, The Broe Group joins industry giants including UPS, Amazon, Lowe’s, Google, and Walmart in Atlanta’s premier I-20 submarket.
IRG Buys Unique Waterfront Property in Houston
The manufacturing facility is strategically located along the Houston ship channel and features several high-value amenities, in addition to 800 feet of frontage on the channel and the ability to add a deepwater dock for bulk vessels.
Dalfen Industrial Secures Lease for Miami Industrial Development
Dalfen Industrial has announced that ComfortSide, LLC, a leading HVAC equipment company, also known as Cooper & Hunter, has closed on a 96,000-square-foot lease deal at its recently completed Midpoint Miami Logistics Center in Hialeah, Fla.
Shared Warehousing Brand Enters Atlanta Industrial Market
SHIFT: South Fulton aims to meet the needs of entrepreneurs and businesses of all sizes by offering a variety of warehousing options across more than 100,000 square feet of space.
Cabot Properties Snaps Up Major Inland Empire Industrial Portfolio
Cabot Properties has acquired a four-property industrial portfolio in southern California’s Inland Empire for $202 million. The portfolio, totaling nearly 670,000 square feet, was previously owned by an affiliate of Blackstone’s Link Logistics.
Q3 2024 Industrial Ranking Report: Phoenix Nabs #1 With Strong Pipeline & Deliveries
Our ranking report of U.S. industrial markets in Q3 2024 ranked top locations by rent growth, vacancies, online search interest and more.
CoreWeave Leases Kenilworth Lab Space for Data Center Conversion
CoreWeave, with assistance from the property owner and the local electricity utility, will work to transform the 11NEST building at the Northeast Science & Technology Center in Kenilworth, N.J., into a state-of-the-art data center facility to support the innovative biotech community in the region.
