Logistics investor picks up second tri-state facility
Maryland-based logistics investor Realterm has acquired a 39,343 s/f Bronx property for $37.77 million. The property was sold by Kentucky-based Parallel Products which operated the
Tag : logistics
Partners team up for third industrial venture in Lehigh Valley
New Jersey developer of J.G. Petrucci Company and its private equity partner Cabot Properties are teaming up for a third industrial project in the Lehigh
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
JLL REIT buys $95M Kentucky distribution center
JLL Income Property Trust, an institutionally managed daily NAV REIT, announced the acquisition of Louisville Distribution Center, a one million-square-foot, Class A industrial property located
CBRE begins marketing biggest logistics site between Boston and NYC
Aerospace and defense giant Raytheon Technologies has tapped CBRE to sell a 300-acre development site in East Hartford. The site was originally part of the
Guggenheim commits $600M to new e-commerce venture with ElmTree
Guggenheim Investments has committed $600 million to a new fund with private equity partner ElmTree Funds focused on investing in industrial e-commerce assets throughout the
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.
Lincoln Equities sells LI logistics hub for $75M
JLL Capital Markets has closed the $74.5 million sale of Lincoln Logistics @ Hicksville, a brand new, 195,610 s/f distribution warehouse in the densely populated
CBRE brokers $30M industrial trade on 1-95 corridor
CBRE announced the $29.37 million sale of Runnemede Corporate Center, a seven-building, 304,077 s/f light industrial portfolio serving the greater Philadelphia last-mile and regional distribution