Industrial

The brand-new property at 6850 Weber Blvd. in North Charleston is net leased to FedEx Ground for 15 years and totals 265,318 square feet.

The company states that construction will start immediately after securing the building permit for the project that secured $2.7 million in performance-based tax credits from New York State through the Excelsior Jobs Program.

Entertainment industrial users are migrating to Burbank, and they want high-quality creative industrial campuses.

Activity has been healthy across the board, with the exception of the I-80 submarket.

PTC Therapeutics specializes in genetic research focused on discovering and developing novel oral treatments for patients with serious and life-limiting disorders.

With many recent deals here, including a new $45-million multifamily development under construction by a Chicago-based firm investment company, among others, Denver continues to appear on investors' radar.

Core-plus financing and multifamily lending will also be areas of focus for the division.

First Industrial will break ground this month on phase one of the park involving two rear-load facilities of 219,808 and 125,267 square feet, respectively.