One of the largest industrial real estate developers in the U.S., Panattoni is making a significant shift by venturing into data center development. Driven by skyrocketing demand from the artificial intelligence sector, the Irvine, Calif.…
Category: Industrial Real Estate News
Despite the normalization of demand for industrial space and the rising cost of capital, most markets covered by Commercial Edge have experienced an increase in average sales prices this year. In fact, the latest industrial…
New York investment firm Clarion Partners has acquired the newly built TIA Logistics Center — a 245,000-square-foot, Class A industrial warehouse near Tampa International Airport — for $49 million (roughly $200 per square foot). Located…
Despite a downturn in industrial sales volume attributed to higher interest rates, tightened capital markets and a shift toward normalizing demand, the industrial property market hasn’t seen any significant discounts. Even with sales figures experiencing…
The portfolio includes 31 industrial buildings across two industrial parks, totaling some 444,000 square feet of industrial space in Fort Lauderdale as well as 855,000 square feet of industrial space in Denver.
Danish logistics giant Maersk has signed a lease for a 1.2-million-square-foot distribution facility in southern California, marking the largest industrial signing in the Inland Empire during the fourth quarter of 2023. The new facility —…
Chicago based Bridge Industrial has secured a $53 million construction loan from Mesa Capital to support the development of Bridge Point 999 — a nearly 300,000-square-foot industrial building in South Brunswick, N.J. Completion of the…
Trammell Crow Co., in partnership with Clarion Partners, has announced the completion of the first phase of the Fairfield Industrial Center in northern California. This development, known as Building One, boasts a total of 205,223…
Boca Raton, Fla.-based Basis Industrial announced several industrial real estate market moves, including four purchases and the refinancing of two industrial properties it already owns in the Fort Worth area.
JLL's Capital Markets group arranged the financing of a portfolio encompassing 13 industrial properties owned by Scannell Properties and Manulife Investment Management.
