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.
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.
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.
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.