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.
From Rust to Renaissance: The Industrial Heartland’s Long Road to Recovery Continues
For decades, the narrative surrounding America’s Rust Belt was one of decline — factories lying dormant, population decline, urban blight and struggling communities. However, a quiet but determined…
Ares Industrial Management Buys New 4-Building Warehousing Complex in Miami for $147 Million
A joint venture between Butters Construction & Management and Greystar has sold the 23.1-acre Miami Midway Park to Denver-based Ares Industrial Management for $147 million. This represents a price of $291 per square foot and is the largest industrial purchase in south Florida so far this year.
CVC Secures Its First Industrial Lease in Northern Virginia
CVC Distribution’s new lease highlights the continued growth and demand for industrial space in the region. The company’s expansion into Northern Virginia underscores the area’s attractiveness as a strategic location for businesses seeking access to the thriving D.C., Maryland and Virginia markets.
Lingerfelt Bags Anchor Tenant at Richmond, Va., Business Park
Vital Records Control joined the tenant roster at Ruffin Mill Distribution Center with a lease of more than 230,000 square feet of industrial space, which brought the suburban Richmond, Va., property to 100% occupancy.
Manufacturing Drives 16.1% of 2024 Industrial Starts So Far
Mohr & Standard REI Plan Spec Industrial Project in Reno
The Mohr Capital and Standard REI joint venture is banking on the emergence of the Reno industrial market as an increasingly attractive distribution hub for the region.
Seagis Inks Full-Building Lease at Northern New Jersey Warehouse
Seagis has found a tenant for its Northern New Jersey industrial space building in East Rutherford. The tenant signed a full-building lease for the recently renovated property and joins the revitalized Meadowlands industrial submarket.
Mohr Signs Full-Building Tenant for Recovered Tornado-Stricken Warehouse in Indy Submarket
The largest structure in the Mohr Logistics Park, Building 6 offers 1 million square feet of class A industrial space in the well-connected Indianapolis submarket of Whiteland.
TNT Services Grows Industrial Footprint in Maryland
TNT Services Group has announced the relocation and expansion of its suburban Maryland facilities. The company signed an agreement for 11,501 square feet of flex/R&D building space at St. John Properties’ Milford Town Center in Bowie, Md. It’s expected to move its operations from its current 9,800-square-foot premises in Prince George’s County this summer.
