Industrial

“Its success is reflective of Rockefeller Group's long track record of successful Garden State developments, as well as the shifting market fundamentals that are driving tenants to the 287 market,” says Cushman & Wakefield's Jules Nissim.

The agetch campus opens with a fully leased first phase, a 175,000-rentable-square-foot redevelopment at 5 Laboratory Drive in the Research Triangle.

The California State Water Resources Control Board launched a phased plan to investigate more than 1,000 facilities for PFAS contamination.

"Infill product close to New York City has become more expensive to lease and difficult to acquire as a result of limited supply and voracious tenant demand," says Christopher M. Bellapianta of Camber Real Estate Partners.

Todd Albert will lead JLL valuation and advisory for the Great Lakes region, and Robert Delisio will add VAS capabilities in Pittsburgh.

“Activity at these buildings demonstrates our belief that with a focus on capital improvements and aggressive marketing, tremendous value can be created,” says Joe Sergi of Clear Height Properties.

The company states with those two lease deals on the books, the firm's approximately 11.2 million square-foot California industrial footprint has grown to 93.5% leased.

Prologis forms a joint venture partnership with Stirling Development and will take a 50% capital stake in all Stirling Capital Investments, including the Southern California Logistics Airport.