Rexford Industrial Reports 0 Million Loss

Rexford Industrial Reports $500 Million Loss

Rexford Industrial, months into its Laura Clark-era, posts a $507 million loss — mostly due to write-downs — for the second quarter, compared to a $113 million profit for the same period... Read more »
Otay Mesa Industrial Sale Underscores Demand from Cross-Border Trade

Otay Mesa Industrial Sale Underscores Demand from Cross-Border Trade

 Avison Young completed the $8.824-million sale of a 31,488-square-foot industrial property located at 7577 Airway Rd. in the Otay Mesa submarket of San Diego. Associate Tanner Johnson and principal Jamie Endres-Keller, along... Read more »
Colliers Arranges Sale of 302K-SF Industrial Building in Kentucky

Colliers Arranges Sale of 302K-SF Industrial Building in Kentucky

Colliers completed the sale of Gray Industrial Center Building 2, a newly completed 302,400-square-foot industrial facility at 530 Logistics Drive in Shelbyville, Kentucky, approximately 30 miles east of Louisville. The build-to-suit distribution... Read more »
WareSpace Buys Another Los Angeles-Area Industrial Property

WareSpace Buys Another Los Angeles-Area Industrial Property

WareSpace is chopping it up again with the latest acquisition in its Los Angeles County strategy.  The Maryland-based industrial developer, owner and operator purchased a 90,500-square-foot distribution building at 860 Sandhill Avenue... Read more »
Colliers Facilitates Sale of 954K-SF Industrial Portfolio in Indianapolis

Colliers Facilitates Sale of 954K-SF Industrial Portfolio in Indianapolis

Colliers announced the sale of a six-building industrial portfolio totaling 954,072 square feet located throughout the Northwest, Northeast and Southwest submarkets of the Indianapolis metropolitan area. The portfolio includes properties at 7555... Read more »
Invesco Secures Tenant in  Million Industrial Lease Deal

Invesco Secures Tenant in $42 Million Industrial Lease Deal

Invesco has secured a tenant for an Inland Empire industrial property with a new lease worth more than $40 million.  An unnamed auto parts distributor signed a lease worth about $42 million... Read more »
MCA Realty Acquires 138K-SF Seattle-Area Industrial Portfolio

MCA Realty Acquires 138K-SF Seattle-Area Industrial Portfolio

MCA Realty, Inc., a real estate investment company based in California, announced the acquisition of West Valley Distribution Center, a three-building 138,296-square-foot multi-tenant industrial portfolio located in Kent, Washington. The firm acquired... Read more »
Rare Silicon Valley Heavy Industrial Site Changes Hands

Rare Silicon Valley Heavy Industrial Site Changes Hands

JLL Capital Markets closed the $25.75-million sale of 651 Martin Ave., a 7.17-acre infill industrial development site in Santa Clara. Senior director Erik Hanson and analysts Brendan Bury and Tasman Lynch. represented the... Read more »
Ceronix Trades Auburn Industrial in Sale-Leaseback

Ceronix Trades Auburn Industrial in Sale-Leaseback

Marcus & Millichap closed the sale of 13350 New Airport Rd., a 61,334 square-foot industrial facility in Auburn. The asset sold for $8,500,000 or $138.59 per square-foot. “Auburn continues to attract investors seeking well-located industrial assets with long-term value, driven by its... Read more »
BKM Capital Pays M For 11-Building Industrial Park in Carson

BKM Capital Pays $95M For 11-Building Industrial Park in Carson

BKM Capital Partners added another deal to its trail of recent industrial acquisitions, dropping $95 million on an 11-building campus.  The Newport Beach-based investor purchased the Carson Industrial Center at 1000-1124 East... Read more »