Industrial

C&W projects pressure to remain high on industrial occupancy and rent growth levels across North America.

The financing was originated by Square Mile Capital Management, LLC of New York City for the development of parcels EF and Q1, which will contain lab, office and retail space.

Completed in 2017 as a spec development, the class-A industrial facility located in DuPage County will include more than 330,000 square feet of warehouse space, in addition to 40,000 square feet of temperature-controlled space and 8,500 square feet for corporate offices.

The property at 985 Route 17 is accessible from Routes 57, 80, and 206 and paired with its zoning made it an ideal acquisition for the new buyer, who plans on leasing the space on a per-acre basis for small and larger companies that require storage for heavy and light equipment.

Located at the northeast corner of Grant Line and Chrisman roads in San Joaquin County, this multi-building project will total 1.13 million square feet of office and warehouse space.

Crow Holdings recently formed a new company, Crow Holdings Office, and Crow Holdings Industrial announced its most active quarter to date.

Amazon signed nearly 1 million square feet in industrial lease transactions in 2019 in Orange County.

In its fourth quarter 2019 industrial market report for New Jersey, Transwestern reports that the big box bubble is showing no sign of bursting as new construction continues to lease up quickly.