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.
Toronto-based Avison Young will combine GVA with Avison Young's existing U.K. operations. The transaction is expected to close during the first quarter of 2019. London-based GVA has 1,500 employees in 15 offices in the U.K., Ireland and Poland.
The San Francisco metro market volume actually fell by 18% from $31.9bn to $26.2bn year-over-year, landing at sixth place this year compared to its ranking of third in the world the previous reporting year.
Monmouth County is seeking to facilitate the growth of an emerging technology cluster at Fort Monmouth, which already houses the headquarters of three technology companies, currently employing over 1,000 people on the former Fort.
The 1.12 million-square-foot space is located in a new building at NorCal Logistics Center, representing continued expansion of logistics supply chain infrastructure against the backdrop of steady growth in e-commerce.
Located at 60-70 Spruce Street in Paterson's Great Falls historic district, around 90 filmmakers, photographers, and many other creative professionals call Art Factory Studios home.
At closing, the venture will acquire an initial portfolio of assets of approximately 6.9 million square feet of operating properties and 371 acres of land from Prologis' balance sheet with a commitment to build out the existing land bank.
The largest transaction—a $165-million non-recourse mortgage loan—is collateralized by 85 assets owned by subsidiaries of SMTA and leased to Shopko that are held outside of the company's Master Trust.