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.
Lovett Industrial & Rosewood Property Co. Join Forces With New Development in Addison, Texas
The Addison Innovation Center boasts a strategic North Dallas location within convenient proximity of major highways and transportation hubs.
RectorSeal Joins Tenant Roster at Tejon Ranch Commerce Center
RectorSeal — a global manufacturer and distributor of quality HVAC/R and plumbing products — is part of a growing list of companies moving its operations from the Los Angeles basin to the Tejon Ranch Commerce Center (TRCC). The company is set to take up half of the 480,000-square-foot industrial space at 5205 S. Wheeler Ridge Road in Arvin, Calif., a property owned by a partnership of Tejon Ranch Co. and Majestic Realty since 2017.
Mullen Automotive Inks Lease for Orange County Warehouse
Mullen Automotive will occupy the former site of Kraft Heinz Lunchables in Fullerton, Calif. The company signed a five-year, triple-net lease deal with Link Industrial for a 121,615-square-foot warehouse at 1500 E. Walnut Ave. Negotiations on behalf of the landlord were conducted by a CBRE team consisting of Ben Seybold and Sean Ward. The lease rate was $2.01 per square foot.
North Carolina Industrial Portfolio Trades for $105M
Blue Ridge Industrial (BRI), a Dallas-based real estate private equity firm, recently completed the acquisition of a 28-property industrial portfolio in North Carolina’s Triad region. The properties —…
LAX Freight Inks Lease for Staley Point -Owned Warehouse in LA County
Third-party logistics firm LAX Freight Delivery has closed on a lease deal that will enable it to occupy the entire 123,000-square-foot warehouse at 2187 Garfield Ave. in Commerce, Calif. The agreement…
Blue Owl Completes Largest Inland Empire Warehousing Acquisition in 2 Years
New York City-based Blue Owl Capital is in the midst of completing the largest single-property industrial acquisition in the Inland Empire, Calif., warehousing market in more than two years….
Walmart Unveils 1.5-Million-Square-Foot Fulfillment Center in Dallas Area
Walmart has unveiled a new fulfillment center in Lancaster, Texas, near Dallas. The expansive facility spans more than 1.5 million square feet and is part of a series…
2 New Leases Signed at New Heights Industrial Park in Maryland
New Heights Industrial Park in in Hagerstown, Md., secured two new tenants at the 900,000-square-foot property owned by Bluestone Group and The Langer Company. Tomu — a prefabricated…
Steel Products Signs Lease for New Headquarters in Frederick, Md.
Steel Products Inc. — a woman-owned company founded in 1954 — recently closed on a deal for 15,000 square feet of flex industrial space at 4724 Arcadia Drive…
ResMed Moves Operations to Calabasas Facility
Medical equipment company ResMed Motor Technologies has announced the relocation of its manufacturing facility from Chatsworth, Calif., to Calabasas, Calif. The company signed a 15-year lease at an…
