Jacksonville issued a building permit to Industrial Building Group to construct a 275,000-square-foot cold storage warehouse, a popular industrial sector in the area. At least five refrigeration and cold-storage projects are in development, primarily in North Jacksonville The FreezePak facility…
Dominion Energy NC has purchased the land needed to get going on a liquified natural gas storage facility in Person County. They paid $12 million for the land needed for the 500-acre plant. The Triangle Business Journal reports 70 acres…
Alterra Industrial Outdoor Storage acquired a 17-property portfolio through a process spearheaded by the CBRE capital markets team in Chicago. The TruGreen Portfolio includes 840 Commerce Parkway, a 22K SF property in Carpentersville The TruGreen Portfolio consists of properties totaling 350K…
Dallas-based real estate investment firm Lloyd Jones has acquired Brightview Baldwin Park, a senior living community in Staunton, VA. The 136-unit property, which offers independent living, assisted living, and memory care, was purchased from Brightview Senior Living. Following the…
PowerHouse Data Centers is building a new campus in Reno, Nevada, the latest developer to launch a large-scale data center project in one of the fastest-growing U.S. markets. PowerHouse, a subsidiary of American Real Estate Partners, announced Friday that it has closed on…
December student housing preleasing for the 2024-2025 academic year set a new record at 47.3%, up 9% from a year ago, according to the latest Yardi Matrix National Student Housing Report. Asking rates also continued to climb, hitting $858 per bed in December…
As of year-end 2023, Austin posted a strong occupancy level of approximately 96.8 percent, based on Weitzman’s review of retail market conditions. The percentage, the strongest among Texas’ major retail markets, is based on a market inventory of approximately 52.4…
The second phase of Raleigh’s The Weld near Dix Park will consist of a 20-story tower with 525 apartment units. Amenities will feature a rooftop terrace, sky lounges and mezzanine units on the top floor. Real estate firms SLI Capital…
CapRock Partners said Building 1 at CapRock Central Point III in Visalia has completed the tilting of the building’s concrete panel walls, forming its exterior structural shape. Moving ahead of its original development timeline, Building 1 is now slated for completion in summer 2024….
An Oracle-occupied data center in Oregon has been sold to a new landlord. Commercial real estate firms Five 9s Digital and Romans Properties advised an unnamed institutional client in acquiring the 91,000-square-foot single-tenant data center in Hillsboro, Oregon. The asset…
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