Industrial

Savills Surplus Property Consulting Services advises investors on divestment strategies and best practices for monetizing assets and mitigating risk on compromised real estate at a single site or in a portfolio.

The firm, which signed a lease for more than 331,000 square feet in January 2019, inked a lease expansion for 108,343 square feet at the recently completed development at 2075 W. 43rd St.

Blackstone Real Estate Partners IX acquired the portfolio, which included 60 million square feet of last-mile, infill light industrial assets.

Ella West Crossing will total 221,393 square feet with cross-dock or front-load lease configuration options that can accommodate users with space requirements ranging from 40,000 to 221,393 square feet.

The deal involves the purchase of the nine-building Shadeland Commerce Center that totals 1.7 million square feet as well as a 353,000-square-foot building.

Brennan Investment Group will begin development of 1 million square feet of space at CenterState Logistics Park East within the month.

With the acquisition, Marquee Brands will diversify its women's fashion division and add scale to its directly managed e-commerce platform. Marquee Brands currently operates across women's fashion, men's fashion, active & outdoor and home & food divisions.

The Marina Thermal Facility is a combined heat and power generation facility that provides electricity and hot and chilled water to both the Borgata Hotel Casino & Spa and The Water Club.