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 »
Trident Capital Group Expands Industrial Portfolio by 2 M SF in Ohio

Trident Capital Group Expands Industrial Portfolio by 2 M SF in Ohio

Trident Capital Group announced a series of transactions and developments across the Columbus region, adding approximately 1.94 million square feet of industrial space to its growing Midwest portfolio. A 191,077-square-foot industrial facility... Read more »
BKM Pays M for 11-Building Industrial Campus in LA’s South Bay Submarket

BKM Pays $95M for 11-Building Industrial Campus in LA’s South Bay Submarket

BKM Capital Partners has acquired Carson Industrial Center in Carson for $95 million. The 429,000-square-foot multi-tenant campus sits on more than 20 acres in Los Angeles’ South Bay submarket and was purchased on... Read more »
Basis Industrial Closes on Construction Loan for Wayne, NJ Self-Storage

Basis Industrial Closes on Construction Loan for Wayne, NJ Self-Storage

Basis Industrial, a privately held and vertically integrated real estate owner and operator based in Delray Beach, FL closed on a $24-million construction loan for a ground-up self-storage development located at 555 Hamburg... Read more »
Pulte Homes Plans 140 Condos on Fremont Industrial Site

Pulte Homes Plans 140 Condos on Fremont Industrial Site

Pulte Homes is moving forward with more housing in Fremont.  The PulteGroup home building subsidiary is planning to build 140 condominiums, including 21 affordable units, on a former industrial and storage site... Read more »
Shallow Bay Industrial Portfolio Trades in East Bay

Shallow Bay Industrial Portfolio Trades in East Bay

Newmark arranged the sale of Sierra Trinity, an 11-building, shallow bay industrial portfolio located in the East Bay city of Dublin. Executive vice chairman and president, Western Region Capital Markets Steven Golubchik,... Read more »