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property type: Industrial
Logistics Firm to Pre-Lease 1.2Mln SF at Chicago-Area Industrial Project
Chicago Business Journal RJW Logistics Group has agreed to pre-lease a 1.2 million-square-foot building at Karis Park West, a 200-acre industrial project that's currently under construction in Montgomery, Ill., a western suburb of Chicago. The logistics company agreed to lease ...
Portland, Ore., Industrial Property Sells for $40.5Mln
Portland Business Journal R+L Carriers has paid $40.5 million, or $395.98/sf, for the 102,277-square-foot industrial property at 6845 North Cutter Circle in Portland, Ore. The Wilmington, Ohio, freight shipping company acquired the building from a pair of limited liability companies ...
1200 and 1210 SW 35th Ave.
An affiliate of DRA Advisors has paid $43 million, or $217.60/sf, for a two-building warehouse complex totaling 197,608 square feet at 1200 and 1210 SW 35th Ave. in Boynton Beach, Fla. The New York company bought the industrial property from ...
Chattahoochee Logistics Center
The property is expected to be repositioned into what Amazon calls a first-mile distribution center.
Reno Distribution Center
LDK Ventures has paid $37.57 million, or $113.29/sf, for the 331,632-square-foot Reno Distribution Center in Reno, Nev. The Sacramento, Calif., investor acquired the industrial property, at 4910 Longley Lane, from GPR Ventures, which bought it in 2020 for $21.98 million. ...
9315 NW 112th Ave.
IAG Aero Group has paid $16.35 million, or $332.45/sf, for the 49,180-square-foot warehouse property at 9315 NW 112th Ave. in Medley, Fla. The Miami aviation company purchased the industrial building from a Cooper City, Fla., company managed by Edward and ...
State Farm Lends $52Mln Against Los Angeles-Area Industrial Portfolio
State Farm Mutual Automobile Insurance Co. has provided $52 million of financing against three industrial properties with 420,086 square feet in Ontario and Rancho Dominguez, Calif. Northmarq arranged the loan on behalf of the owner, Carson Cos. of Newport Beach, ...
9.4Mln-SF Industrial Project Approved for Palmdale, Calif.
Commercial Property Executive Covington Group has received approvals to build Antelope Valley Commerce Center, a 9.4 million-square-foot industrial development in Palmdale, Calif. The Dallas developer will build the property on 510 acres at Sierra Highway and East Avenue M, about ...
Brookfield Sells 4-Building Industrial Complex in Deerfield Beach, Fla., for $77.55Mln
South Florida Business Journal An affiliate of Lincoln Property Co. has paid $77.55 million, or $313.87/sf, for a 247,079-square-foot industrial complex in Deerfield Beach, Fla. The Dallas company purchased the four-building property from an affiliate of Brookfield Properties of New ...
Hyundai Leases 1.4Mln-SF Industrial Property Near Chicago
REBusiness Online Hyundai Translead has agreed to lease a 1.4 million-square-foot industrial property at 2200 Channahon Road in Joliet, Ill., a southern suburb of Chicago. The subsidiary of Hyundai Motor Co. leased the property from Industrial Realty Group. DarwinPW Realty/CORFAC ...
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