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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.
SCOTTSDALE, AZ-The proposal targets Coronado Golf Course as the next spring training facility for the Giants and Scottsdale Charros. The city owns 36 of 44 acres, but is negotiating a buyout of the balance for $1 million.
GRAND PRAIRIE, TX-First Industrial is the buyer and National Life Insurance Co. is the seller of the 51%-leased building at 1905 110th St. in the Great Southwest Industrial District. The closing marks the buyer's third this year in the submarket.
BOSTON-The Boston Wharf Co. sells its vast real estate portfolio in the waterfront's Fort Point Channel to New York-based Tishman Speyer Properties. The deal involves 44 industrial buildings which were sold for a reported $500 million.
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.