Industrial

The decision of the Biotechnology Council of New Jersey to change its name to BioNJ marks a subtle but significant step in the state's effort to push itself to the forefront of the emerging biotech industry.

BELOIT, WI-The food supplier will consolidate four local operations into one 250,000-sf building on 124 acres at I-90 and I-43.

BROWNSTOWN TOWNSHIP, MI-The companies are taking space in Ashley Capital's Brownstown Business Center, at rents of $4.50 to $4.75 per sf.

ORANGE, CA-Borrower Turner Orange LLC secures the loan for a 193,000-sf building in one of three new financings for industrial properties.

PHOENIX-Opus West will build the 131,850-sf Northgate Corporate Centre on a 13-acre tract that it leased from the state. Work starts in January.

TOKYO-The industrial package of 3.6 million sf is concentrated here and in Osaka, Japan's top distribution markets.

COOLBAUGH TWP., PA-The Arcadia North parcel, which sold for $163,666 an acre, can accommodate a warehouse/distribution center of up to 1.4 million sf.

RIDGEWOOD, NJ-Heritage Capital teams up with its two investment partners to buy three distribution center properties from KB Toys.