Phoenix Business Journal EastGroup Properties Inc. has paid $27.6 million, or $193.37/sf, for Airgate, a 142,735-square-foot industrial property in Mesa, Ariz. The Ridgeland, Miss., REIT acquired the property, at 7353 East Ray Road, from MIG Real Estate in deal brokered ...
South Florida Business Journal MDH Partners has paid $40.1 million, or $303.37/sf, for a 132,180-square-foot warehouse in Sunrise, Fla. The Atlanta investor acquired the industrial property from LIT Industrial, the industrial investment arm of Clarion Partners of New York, which ...
Interface Properties has paid $40 million, or $211.08/sf, for Fountains Center, a 189,542-square-foot office and retail property in Boca Raton, Fla. The local company purchased the seven-building complex from a company managed by Titan General Partners of Weston, Fla., in ...
Provident Industrial has acquired Commerce 45, a 1.5 million-square-foot industrial property in Hutchins, Texas, about 13 miles south of downtown Dallas. The affiliate of Provident Realty Advisors of Dallas purchased the two-building property from an unidentified seller. The purchase price ...
The purchase price was not immediately known, but the property was valued for tax purposes at $28.2 million, according to the Maryland Department of Assessments and Taxation. Oliver Street had bought it in a venture with CGMG Capital of Dallas ...
US Merchants has paid $63.88 million, or $140.72/sf, for a 453,960-square-foot building within West Summit at Surprise, a two-building industrial property with 704,472 sf in Surprise, Ariz., a northwestern suburb of Phoenix. The Beverly Hills, Calif., manufacturer acquired the property, ...
Innovation Industrial Park was built in 2022 and is fully leased to Logos Logistics, Norplas Industries Inc., and Grabber Construction Products. The property has 32-foot clear heights, 24 dock positions, two-drive doors, 130-foot truck court, and 58 parking spaces for ...
Speed Bay Warehouse Solutions has paid $71.5 million, or $153.43/sf, for the 466,000-square-foot Park Industrial Center in Commerce City, Colo. The local company acquired the property, at 5750-6360 East 58th Ave., from Kew Realty Corp. of Denver. Park Industrial Center ...
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