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.
PORTLAND-Intended uses of the incentive funds include a wide variety of expenditures, ranging from infrastructure needs (such as sewer or water extensions), to permit fees, tenant improvements and site acquisition.
BEDFORD PARK, IL-The building located on 8.2 acres at 5001 W. 66th St. will be redeveloped for use by multiple tenants after being sold by the London-based food packager for $2.35 million.
CHICAGO-In a half-dozen leases executed at the same time, an HVAC supplier represented by Cushman & Wakefield has undertaken a complex reorganization of its local distribution operations.
DENVER-Two veteran industrial brokers are making the move from Grubb & Ellis, where they represented three of the 10 largest industrial investment sales in the area during the past three years.
VICTORVILLE, CA-The Sagebrush Properties LLC affiliate of pet food maker Nutro Products and packaged foods company ConAgra plan new facilities at 5,000-acre Southern California Logistics Airport.
HOUSTON-Two renewals and two new deals close off space in four Houston submarkets, with the northeast sector cornering the largest closing. DHN Enterprises, a 10-year tenant, holds tight to 25,000 sf.
SCOTTSDALE, AZ-Ruhl Forensic buys a 12,000-sf building at 15876 N. 76th St. for a "crash and smash" test site for its accident reconstruction business. The move from Central Avenue in Phoenix takes place July 1.
BOSTON-Two trucking companies put two one-acre parcels in the city's South Boston neighborhood up for sale. The properties are located near the new Convention Center and close to the redeveloped Seaport district and South Boston's residential neighborhood.
CITY OF INDUSTRY, CA-ABI Automotive Bearings is consolidating operations from two Downtown Los Angeles locations into the 28,000-sf building along Marion Court. Move-in takes place before the week ends.
CRANBURY, NJ-Following its announcement earlier this year that the facility would be the victim of a consolidation, the pharmaceutical company has made its disposition status official by tapping the Garibaldi Group to move it.