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.
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.
TRG Development & Grandview Partners Secure $100M Loan for Dallas Industrial Park
Grandview Partners and TRG Development obtained nearly $100 million in financing for Core45, a 1.64-million-square-foot industrial park in Wilmer, Texas. Benefit Street Partners provided the loan that will be used to refinance existing debt acquired by the property in December 2021.
Rockpoint Sells Stake in San Diego Business Park
Rockpoint has sold its stake in the San Diego business park located in the submarket of Otay Mesa on Sanyo Avenue to acquisition partner Badiee Development, marking the third investment this joint venture handled together.
