by Kipp Gillian | May 10, 2022 | Industrial
NAI Partners arranged two 40,050 square foot industrial leases for Killam Development at Sharyland Business Park in McAllen. The leases are with TCA Logistics and Buckeye Corrugated Inc. NAI Partners Carlos Marquez represented the landlord. Both tenants were...
by Kipp Gillian | May 10, 2022 | Industrial
Logistics real estate giant Prologis has apparently been trying to buy Indianapolis-based Duke Realty in an effort to build a huge warehouse REIT since November of last year, and on May 3 Duke rejected an offer by Prologis. Prologis, in a highly unusual move, on...
by Kipp Gillian | May 10, 2022 | Industrial
Boston MA-based Bain Capital has partnered with Barber Partners, LLC, on the formation of a national programmatic joint venture to develop 15 Class A cold storage warehouses under the Chill Storage brand. The JV launches with the objective of deploying $500 million...
by Kipp Gillian | May 9, 2022 | Industrial
Mag Mile Capital’s Cody Harper, VP of originations, has secured a $1,150,000 permanent loan financing in connection with an owner-occupied industrial/warehouse property located at 5115 Church St. in Skokie, IL. The 30,500 square foot property is 90% leased to House of...
by Kipp Gillian | May 9, 2022 | Industrial
Avison Young negotiated a five-year lease for 99,683 square feet of industrial space on behalf of tenant Stonebrooke Equipment, Inc. at 15100 Business Pkwy. in Rosemount, MN. The firm’s Doug Fulton, Rob Youngquist and Andi Simon represented the tenant; Cushman &...
by Kipp Gillian | May 9, 2022 | Industrial
The red-hot industrial market is starting to see the effects of high demand and lack of space catching up with each other, according to SIOR’s latest Snapshot Sentiment Report. This caused confidence in the industrial sector to drop for the first time in sentiment...
