Industrial

Newmark Knight Frank's Jud Ryan and James Cassidy facilitated the sale.

The New York City-headquartered manufacturing firm's lease at 10-12 Horizon Blvd. will provide the company with a strategically located warehouse and distribution facility to support its showrooms and manage shipments to customers around the world.

The three recently constructed Class A warehouse/distribution facilities located within Park North at Monroe were sold by Atlanta-based IDI Logistics, which developed the properties.

In a partnership with a fund operated by Crow Holdings Capital, the investor buys a 175,000-square-foot industrial property.

Graycor Construction Company's project broke ground in October 2018, and features interior elements such as a 73-foot tall high-capacity automated storage and retrieval system.

The western side of the Inland Empire has been nearly built out, pushing developers into the eastern side of the market.

We posed that question and how the industry can keep pace to Andrea Jang, head of growth Americas for JLL Spark, a panelist who will speak at the upcoming CREW Network Convention later this month in Orlando, FL.

Agreeing with New Jersey's arguments, the Third Circuit held that, under the Eleventh Amendment of the U.S. Constitution, the state is immune from condemnation lawsuits by private parties, including pipeline companies.