JLL REIT buys airport distribution center
JLL Income Property Trust has acquired the Louisville Airport Distribution Center in Kentucky for $32.1 million. The the institutionally managed daily NAV REIT with $3.7...
Tag : distribution
WP Carey acquires upstate distribution center as part of $140M package
W. P. Carey has acquired a 779,000 s/f recently-constructed distribution facility near the Canadian border in upstate New York as part of a $137M industrial...
Innovo lands $155M construction loan for latest last-mile development
Innovo Property Group has closed on a $155 million construction loan for 23-30 Borden Avenue in Long Island City. The loan, provided by an affiliate...
MRA buys CT distribution center for $50M
Metropolitan Realty Associates (MRA), an investment company led by Joseph A. Farkas, has acquired a 304,249 s/f industrial property at 456 Sullivan Avenue, South Windsor,...
JV secures $12.6M construction loan for NJ distribution facility
JLL Capital Markets has arranged $12.66 million in construction financing for the development of 130 Commerce Center, a Class A, 171,000 s/f, state-of-the-art industrial warehouse...
Dov Hertz forms JV to build next distribution hub
Dov Hertz’s DH Property Holdings has acquired a 45-acre development site at 1900 South Avenue on Staten Island’s western coast for a reported $65 million....
Brookfield acquires Bronx distribution site for $28M
JLL Capital Markets has completed the sale of 845 East 136th Street in the Port Morris section of the South Bronx on behalf of AEW...
Lee & Associates brokers 375,000 s/f HelloFresh lease
New York brokers Dennis Someck and Justin Myers have leased a 375,000 s/f distribution center for meal-kit giant HelloFresh. The Lee & Associates duo quarterbacked...
‘Performance investors’ acquire $23M NJ logistics hub
CBRE has arranged the sale of a 432,000 s/f industrial facility located at 3100 N. Mill Road in Vineland, New Jersey. High Street Logistics Properties...
JLL ready to go extra mile for last-mile distribution center in Bronx
As demand for warehouse space in New York City continues to rise, the first new multi-story industrial buildings on the East Coast have been unveiled....