Industrial

The property will serve as Fashionphile’s Northeast operations. In addition to its headquarters in Carlsbad, CA Fashionphile has brick-and-mortar studios in Beverly Hills, San Francisco, Carlsbad and New York City.

Colony Capital announced on Aug. 9th as part of its second quarter financial report that it has engaged advisors to market the company’s multi-billion-dollar industrial portfolio for sale, which may include the related management platform.

July cargo volumes slip at the Port of Long Beach as the impacts of the tariffs are finally realized.

While new supply is outpacing leasing activity in some markets, other regions experienced a considerable rebound in net absorption after a slow start to the year.

Lincoln Rackhouse and Principal Real Estate Investors have sold a 191,000-square-foot data center, 100% leased to a global data center services provider.

CCC will lease a 40,000-square-foot building in Lehigh Valley Industrial Park. The company has pledged to invest at least $9.5 million into the project.

Construction will commence immediately on the speculative project with delivery expected in the second quarter of 2020. LPC is constructing two high p facilities totaling 274,855 square feet.

The developer plans a $53 million three-building industrial project totaling 720,000 square feet.