Industrial

Local development firm Barone Management constructed the industrial property located at 9-03 44th Road, which is said to be the first ground-up industrial property in the market to come online in the last 30 years.

Creative Science Properties announced last week its intent to change its name to IQHQ, Inc. IQHQ also announced at that time it had successfully completed a $770-million equity raise.

The Chicago region's big box vacancy rate fell 54 basis points to 8.53%, the lowest level since the second quarter of 2017.

The lease will allow the City of Bayonne to enter into an operating agreement with a passenger ferry operator in support of ferry service between Bayonne and New York City.

The firm acquired an 11-property industrial portfolio throughout Western states for $425 million.

Elion recently aggregated a portfolio of 3 million square feet of industrial product in South Florida, Chicago and the Washington, DC metro area.

The market is a cheaper alternative for Nevada investors and it is showing significant growth potential.

"When opportunities pop up, we usually have good activity in finding a buyer for them."