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.
The five building, 292,110-square-foot industrial/flex portfolio was sold by Endurance Real Estate Group, LLC of Blue Bell, PA and Thackeray Partners of Dallas.
Sziklas, who will take on the post on Sept.3 and will be based at LaSalle’s corporate headquarters in Chicago, will lead the team of portfolio managers for LaSalle’s U.S. Custom Accounts clients and will be responsible for actively managing portfolios of office, retail, multifamily and industrial investments located throughout the U.S.
According to the city, the firm ended crude oil refining in the complex, continued efforts to stabilize the area near the original incident and began to wind down operations. On Aug. 6, the neutralization process began for the remaining hydrofluoric acid at the site.
The merger if finalized would strengthen ConnectOne’s scale and competitive position in the New York metro market and as one of New Jersey’s largest independent banks. Bancorp of New Jersey will add approximately $800 million of deposits and loans to ConnectOne.
The Rebuild Illinois initiative, passed and signed into law in June 2019, dedicates $400 million to partnering with Internet service providers to build 21st century infrastructure connecting communities across the state to high-speed Internet.
DFW Airfield Logistics Center will feature a 145,878-square-foot rear-load building and a 210,640-square-foot front-load building, 28- to 32-foot clear heights, 84 total doors, 110 trailer spaces and 407 auto spaces.
Both Nalbandian and Swidler come to Lee & Associates from NAI CIR, a brokerage firm founded by Nalbandian in 1970. While at NAI CIR, Nalbandian was a mentor to John Van Buskirk, SIOR, the co-founder of Lee & Associates of eastern Pennsylvania.