Milwaukee Journal-Sentinel Wrightwood Capital has paid $9 million for 5111 S. 9th St., a 186,000-square-foot industrial building in Milwaukee. The Chicago firm purchased the fully-leased property from Golfview LLC. Colliers Barry brokered the transaction.
LNR Property Corp. has assumed control of 615 N. 48th Street, a 530,856-square-foot industrial property in Phoenix, after foreclosure proceedings were initiated. The Newport Beach, Calif., firm, which is the special servicer for a $55 million CMBS loan, removed the ...
Birmingham Business Journal Equity Development is planning to break ground this week on a 127,500-square-foot office-industrial building in the Birmingham, Ala., suburb of Bessemer, Ala. The building, which is being built speculatively, will go up at the interchange of Interstate ...
Memphis Business Journal Pharmedium Services LLC has bought a 10-acre parcel of land in Memphis, Tenn., and plans to build a 100,000-square-foot distribution facility on the site. The Lake Forest, Ill., pharmaceutical compounding company purchased the land from Net Magan. ...
The Chicago REIT has already invested some $200 million, meaning it will have a very busy second half of the year. Its investments will include $750 million of developments and land acquisitions. It aims to be among the top-three buyers ...
San Antonio Business Journal The San Antonio-area commercial real estate market is expected to absorb 781,000 square feet of industrial space from 2007 through 2011, according to data compiled by Delta Associates. The Arlington, Va., research firm cites population growth ...
By John Covaleski, Commercial Real Estate Direct Staff Writer Kearny Real Estate Co., in a venture with Prime Property Fund, has acquired a 160,561-square-foot industrial building in Temecula, Calif., for $13 million. The deal brings the volume of industrial investments ...
Rochester Democrat and Chronicle Tryad Group of Brooklyn, N.Y., has acquired the 500-acre Rochester Technology Park in suburban Rochester, N.Y., from Brad Cohen. Tryad plans to develop a hotel and retail project at the park in Gates, N.Y. Moore Corporate ...
Dallas Business Journal Champion Partners is teaming up with real estate investor Walter Floyd to develop a 1.3-million-square-foot distribution park in the Dallas suburb of Grand Prairie, Texas. The project, which is being called Logistics Crossing, will be developed on ...
Bergen Record Leasing and investment activity are picking up in northern New Jersey's industrial market. About ten million square feet of industrial space is being added to the market, while rents are expected to increase 2.8 percent this year to ...
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