Premier Industrial commercial real estate news, analysis, trends and information including warehouse, distribution, logistics, e-commerce, self storage and R&D space deals and players.
The Myers Container Industrial Building totals 181,262 square feet on approximately 15 acres and was recently purchased for $11.2 million by a JV of Specht Company and owner/operators of Myers Container.
Jay Hennick, Global chairman and CEO of Colliers International, says, "The transaction establishes us as a major player in the engineering design and consulting sector in the U.S., providing us with another important engine for growth."
There is an increased demand from retailers and wholesalers for industrial and logistics locations near residential density and growth, and an infill location will capture last-mile demand in the Northwest submarket.
This bill includes $50 million towards the construction of new affordable housing, including units for low- and extremely-low income residents, and housing near transit hubs.
State officials note the total of approximately $12.5 million in PIDA financing in 2020 has resulted in more than $28.8 million in private investment and supported the creation and or retention of 933 full-time jobs in the state.