KINGMAN, AZ-Barely a week after Contech Construction Products Inc. signed a six-year sublease with Cascades Tissue Group of Arizona for 100,010 sf in Kingman, AZ, the building's owner put the property on the market as a net-lease opportunity.
TIJUANA, MEXICO-Expanding its Mexican portfolio, Denver-based DCT Industrial Trust Inc. entered the Tijuana market with the acquisition of three buildings. DCT president and CIO James D. Cochran says Tijuana is one of the country's strongest industrial markets.
OKLAHOMA CITY-A Kansas company that redevelops older single-user manufacturing facilities for multi-tenant distribution and industrial use is taking on one of its biggest challenges with the acquisition of a former tire factory in Oklahoma City.
DUBAI-Carrying its well-established globalization strategy into new territory, Denver-based ProLogis plans to develop its first distribution center in the Middle East.
NEW YORK CITY-While REITs posted a negative 12.7% total return for the first three quarters, the industrial REIT sector has remained resilient, according to a new report from Banc of America Securities LLC.
IRVINE, CA-As part of an initiative to expand in the US and internationally, Sperry Van Ness added several local and regional firms to its stable. JBM Realty Advisors Inc. of Tampa, FL is the latest acquisition.
PHOENIX-The Arizona Land Department is offering a 99-year ground lease for land valued at $32 million. The mixed-use build-out could have one million sf of retail.