Industrial

The deal, reported by Cushman & Wakefield, will allow Marble of the World, a division of The Stone Collection, LLC, to have the new Broward County facility join the firm’s American Society of Interior Designers award-winning showrooms in Arizona, Texas, Utah and Florida.

Rents in the San Gabriel Valley are up nearly 17% year-over-year to $0.84 per square foot.

Good Sportsman Marketing has leased the entire space in Building A of Parc SouthWest or approximately 180,497 square feet, and Building B will be fully occupied by three tenants.

Mesa West Capital provided a five-year acquisition financing loan for the purchase of a new construction 1 million-square-foot industrial property.

Panattoni Development Company and equity partner, MetLife Investment Management, have begun construction on a 642,994-square-foot class-A industrial warehouse in Pasadena called Bayport South.

Precast walls are being erected at 50 Central Ave. which is scheduled for completion in the first quarter of 2020.

GlobeSt.com sat down with Adam Mullen, who leads CBRE’s Industrial & Logistics business in the Americas for answers.

The San Diego-based investor has sold a 26-asset industrial portfolio to Stockbridge Capital Group.