Gantry has secured a $16 million permanent loan to refinance the Kirkland Business Center located at 11860 NE 112th St in Kirkland, Washington. Originally delivered in 1962 and 1969, the 104,000-square-foot, multi-tenant buildings are 100% leased to a range of…
The City of Cleveland announced The Midline, a 350-plus acre redevelopment project that will convert long-vacant industrial land on the city’s near east side into a connected employment district, withnew trails, parks and transit access. The development project, driven by…
JLL Capital Markets said Thursday it had completed Project Bronco, a multi-submarket industrial portfolio totaling 365,774 square feet in Los Angeles’ San Gabriel Valley and Orange County submarkets. Terms of the sale were not disclosed. Senior managing director Patrick Nally, senior directors…
Ambrose announced the signing of three separate leases with occupiers at modern industrial facilities in Cincinnati, Denver and Orlando, totaling over 190,000 square feet of space. Sky Café, a subsidiary of PrimeFlight Aviation Services that provides catering logistics for commercial…
Global Net Lease, Inc. (GNL) and Modiv Industrial, Inc, announced on Monday a definitive merger agreement under which GNL will acquire Modiv in an all-stock transaction valued at an enterprise value of approximately $535 million. The transaction, once completed, will…
When Google leases a large industrial space in North Carolina, it can push the needle of local industrial leasing toward positive absorption. The Googleplex, Google’s headquarters in Mountain View Google has been named as the new lessee of a massive…
Courtesy of Merriman Schmitt Architects Construction is well underway on the final undeveloped site in the Pineville industrial corridor in the Charlotte metro area. The last large-scale development there, the Pineville Distribution Center, will be a 194K SF Class-A industrial facility…
Walls have been tilted at Colton Commerce Center, a four-building 182,123-square-foot Class A industrial park with buildings ranging from 40,000 to 50,000 square feet located in a federally designated Opportunity Zone at 2245 West Valley Blvd. in Colton. The buildings at…
Courtesy of Jackson-Shaw Jackson-Shaw Founder Lewis Shaw II passed away at 82. Lewis Shaw II, who founded Dallas-based Jackson-Shaw and grew it into a major national player that has completed 63M SF of development, has died. Shaw was 82 at the time…
Colliers arranged the 119,044-square-foot lease of Building 2 within Sanyo Logistics Center at 9350 Airway Rd. in San Diego’s Otay Mesa submarket. Reportedly it’s the largest new lease completed in size and deal value in the past 12 months in…
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