Industrial

Dermody has been active in the Pennsylvania/New Jersey industrial market of late. The deal for the East Windsor, NJ property comes less than a month after the firm broke ground on two buildings at a 557,820-square-foot complex located 80 miles from the Port of New York and New Jersey in Wind Gap, PA.

The firm sold a total of 221,000 square feet of industrial product after holding for two years.

Transwestern's senior managing director of analytics, Jimmy Hinton, will develop research/predictive analytics for investment strategy, market and asset selection, underwriting, and portfolio management.

GlobeSt.com and Real Estate Forum are pleased to announce the top 2019 Woman of Influence professionals of the year in the category of mentor.

The logistics center is Phase I of the Equus development and features 32-ft. clear heights, a 180-ft. truck court, 189 parking spots, 58 loading spaces and 64 trailer parking spaces.

Designed by internationally-recognized architectural firm Arquitectonica, One Island Park will generate more than $2.9 million in annual tax revenue to the city on a parcel that currently generates $10,500 a year in taxes.

Upon completion, the park will be the largest rail-served industrial mixed-use logistics park in the Midwest, and one of the largest in the country.

After a healthy start to the year, cargo volumes fell 16.6% in May year-over-year, and volumes are down 6% for the year.