Commercial Real Estate Direct Staff Report KRL Legacy LLC has paid $26.65 million, or $246.76/sf, for Pike Distribution Center, a 108,000-square-foot industrial property in Auburn, Wash. The company, an affiliate of Ace Relocation System Inc., purchased the property from CenterPoint ...
Austin Business Journal Partners Real Estate has recently completed a 366,000-square-foot industrial building as part of the RCR Taylor Logistics Park in Taylor, Texas. The building was developed on a speculative basis. Meanwhile, the Houston real estate company plans to ...
The Canadian Imperial Bank of Commerce, or CIBC, has provided $28.5 million of financing for the development of a 167,281-square-foot industrial property in South Plainfield, N.J. The project, at 1 Cragwood Road South, is being developed by Bridge Industrial LLC ...
REBusiness Online Festival Trading Co. has agreed to lease 168,193 square feet of industrial space at the 536,992-sf Post Oak Logistics Park in Houston. The indoor/outdoor furniture manufacturer will fully occupy Building A at the two-building property. A venture of ...
REBusiness Online Wallenius Wilhelmsen has signed a lease for 273,480 square feet of industrial space at the Beltway 35 Business Park in Houston. The Norway-based logistics firm is taking its space from its landlord, Greystar Real Estate Partners of Charleston, ...
REBusiness Online Johnson Brothers Mutual Distributing has broken ground on a 625,000-square-foot industrial building in the Raleigh, N.C., suburb of Garner, N.C. The wine and beer distributor is constructing the property as part of the Eagle Crest Industrial park along ...
Commercial Property Executive California Bank & Trust has provided a $34.5 million loan for the purchase of the 260,112-square-foot SouthTech Business Center in Austin, Texas. KBS Realty Advisors has sold the industrial property to an unidentified investor completing a 1031 ...
Commercial Real Estate Direct Staff Report PGIM has provided $74.5 million of financing to facilitate Stonepeak's $125 million, or $73.53/sf, purchase of a portfolio of three industrial buildings totaling 1.7 million square feet in Elwood, Ill. Stonepeak, a New York investment ...
AZ Big Media A venture of Hardy World LLC and Silver Creek Development has broken ground on the 150,615-square-foot third phase of the Level Crossing industrial development in Surprise, Ariz. Hardy World, of Bentleyville, Pa., and Silver Creek, of Beverly ...
REBusiness Online Ground has broken on Landis Ridge, a 1.3 million-square-foot industrial project in the Charlotte, N.C., suburb of China Grove, N.C. Jackson-Shaw of Dallas is building the property on about 150 acres at 619 Old Beatty Ford Road. It's ...
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