Industrial

FOLCROFT, PA-The buyer plans to renovate the existing 125,952-sf facility and add a new 44,300-sf warehouse on the 10-acre parcel.

BEDFORD PARK, IL-FedEx is signed up for space in the Bedford Park Corporate Center, which will bring the three-building campus to about 50% occupied.

COVINGTON, KY-The new Highland Avenue extension will also open up more than 140 acres of land for possible new multifamily and industrial development.

DALLAS-In simultaneous closings, Cobalt Capital gets 3.2 million sf of 90%-leased industrial space in seven cities from Rreef, Lincoln Property Co. and local owners.

WEST CHESTER, OH-First Industrial Realty Trust Inc. bought the five-building Union Commerce Center, the four-property Commerce Park Plaza and another site.

FLOWER MOUND, TX-Granite begins work on 90,200-sf and 61,800-sf buildings in the park after several tenant prospects clamor for new yet smaller distribution spaces.

DALLAS-Transwestern Dallas and Delta Associates kick off the forecast season, predicting the region's fundamentals stay in the black as the nation's economy slows.

NEW YORK CITY-After a 90-day RFP period, five bidders submit proposals to be evaluated by MTA staff and Hudson Yards Development Corp.