Industrial

An institutional buyer purchased the 1 million-square-foot distribution facility after Cardinal Health leased the entire property.

NAIOP Houston recognized the Lee & Associates–Houston team for its work on Weiser Airpark, the Industrial Deal of the Year, given it was one of the last large contiguous land sites in Northwest Houston.

More than 35 responses to the RFQ were received in December 2019. The development opportunity marks the only time since 2004 that PIDC has offered exclusive development rights and the first time that mixed-use multifamily development will be allowed at the Navy Yard.

MacKay joined Cushman & Wakefield's board of directors in 2018. She was most recently a senior advisor to iStar, a New York City-based investment REIT that finances, invests in and develops real estate and real estate related projects.

The Port of New York and New Jersey handled 617,024 TEUs (20-foot equivalent units) in January 2020, the second busiest January on record.

DFW Park 161 is a joint venture between Invesco Real Estate, the real estate investment business of Invesco Ltd., and Perot Development Company, with First United Bank providing financing support.

In February, US port volumes are projected to be nearly 13% lower when compared with the same period last year and 9.5% lower in March, according to a new Transwestern report.

Gulfstream Aerospace will invest more than $35 million to build a nearly 160,000-square-foot maintenance, repair and overhaul facility at Fort Worth Alliance Airport which will complement its presence at Love Field.