by Kipp Gillian | May 18, 2023 | Industrial
Transwestern Real Estate Services brokered a 49,545-square-foot lease for Vivion Inc. at 15500 S. Main St., Building B in Gardena. The location will be used as Vivion’s regional distribution hub. Vivion, a subsidiary of Operio Group, is an ingredients distributor...
by Kipp Gillian | May 18, 2023 | Retail
Progressive Real Estate Partners closed the $6-million sale of South Sierra Plaza, a 17,250-square-foot unanchored strip center located at 10660 South Sierra Avenue in Fontana. The 12-unit center traded at a 6.6% cap rate based on 93% occupancy. President Brad...
by Kipp Gillian | May 17, 2023 | Industrial
The Opus Group began construction on the third and final building at Tollway Corporate Center, an industrial development in North Aurora, IL, within Chicago’s Interstate 88 submarket. The 408,195-square-foot project is a joint venture with Principal Asset...
by Kipp Gillian | May 17, 2023 | Industrial
A joint venture of PCCP, LLC and Endeavor Development announced the next phase of development at Arbor Lakes Business Park in Maple Grove, MN, within the Twin Cities. This phase includes a two-building, Class A industrial project totaling 406,000 square feet. ...
by Kipp Gillian | May 17, 2023 | Industrial
The Greenbrier Companies, Inc., based in Lake Oswego, OR, has completed the sale of its Gunderson Marine operations to Oregon Green Manufacturing, LLC (OGM). Gunderson Marine operates within a 58-acre industrial waterfront site in Portland, which OGM has acquired. The...