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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-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.
TEMPE, AZ-The firm didn't have to roam far to find the expansion space that it needed. The five-year lease covers 40,000 sf in a building just 150 yards away from its old address. Expansion room, freeway exposure and aggressive pricing close the deal.
DEDHAM, MA-The Massachusetts Bay Transportation Authority puts out a request for proposal for a developer to acquire and develop a 37-acre parcel that once served as a train yard on the Readville-Dedham line. The agency says that interest in the site is high.
LONDON-Kenmore has made its first purchases outside the UK, investing almost euro 30 million ($32 million) in standing industrial investments and a pre-let warehouse in the Ile de France Region. And it claims to have a pounds 100 million war chest to acquire a substantial French industrial portfolio.
VANCOUVER, WA-Currently located in half as much space in Clackamas, the custom injection molder inks a 10-year deal at the Port of Vancouver. The company expects to expand to 36,000-sf building within four years.