Dermody Acquires Faraday Future Headquarters to Build Class A Logistics Facility

Dermody Acquires Faraday Future Headquarters to Build Class A Logistics Facility

Dermody has acquired the former headquarters of electric vehicle maker Faraday Future, located at 18455 Figueroa St. in Los Angeles, for an undisclosed sum. The site will be redeveloped as LogistiCenter at... Read more »
Locally Based Logistics Firm Scales Up with Menifee Warehouse Acquisition

Locally Based Logistics Firm Scales Up with Menifee Warehouse Acquisition

Colliers finalized the $40.5-million sale of Gateway at Menifee, a 229,934-square-foot industrial facility located at 33520 Zeiders Rd. in Menifee. The property is Building 3 within the five-building industrial complex, formerly known... Read more »
Chicago-Based Stotan Industrial Launches NASA Causeway Logistics Center in Florida

Chicago-Based Stotan Industrial Launches NASA Causeway Logistics Center in Florida

Stotan Industrial, in partnership with CrossHarbor Capital Partners, has closed on 28.63 acres in Titusville, Florida, for the development of NASA Causeway Logistics Center, a two-building industrial project totaling 306,980 square feet.... Read more »
Goodman Launches Leasing at 1.6M-SF Inland Empire West Logistics Campus

Goodman Launches Leasing at 1.6M-SF Inland Empire West Logistics Campus

Goodman said Monday it is now leasing Goodman Logistics Center Rancho Cucamonga, reportedly the largest contiguous logistics campus currently available in the Inland Empire West. Totaling 1.6 million square feet, the two-building campus will... Read more »
Logistics Firm Signs for 156K SF with CIM Group

Logistics Firm Signs for 156K SF with CIM Group

The Klabin Company/CORFAC International represented Columbia Container Lines LAX, Inc. in a 68-month lease transaction for a 156,096-square-foot industrial property located at 691-701 Burning Tree Rd. in Fullerton. The lease is valued at more than... Read more »
Link Logistics Sells Van Nuys Industrial Sites

Link Logistics Sells Van Nuys Industrial Sites

Link Logistics continues to trim its industrial holdings in Los Angeles County.  Blackstone’s industrial subsidiary sold two adjacent industrial properties totaling roughly 307,000 square feet in Van Nuys to San Diego-based private... Read more »
Bank OZK Furnishes Construction Loan for Perris Logistics Facility

Bank OZK Furnishes Construction Loan for Perris Logistics Facility

 JLL Capital Markets recently arranged $65.1 million in senior construction financing for Ellis Avenue Logistics Center, a 631,011-square-foot Class A industrial facility under development in Perris. Senior managing director Greg Brown, associate Allie Black and senior... Read more »
EQT Real Estate Acquires 1M-SF Logistics Property in Northeast Pennsylvania

EQT Real Estate Acquires 1M-SF Logistics Property in Northeast Pennsylvania

EQT Real Estate has acquired Scranton North Logistics Center, a recently constructed logistics facility located in Olyphant, Pennsylvania. JLL’s John Plower, Ryan Cottone and Zach Maguire represented the seller in the transaction.... Read more »
Transwestern Development Names VP for Northeast Logistics

Transwestern Development Names VP for Northeast Logistics

Transwestern Development Company (TDC) expanded its National Logistics Group, adding Daniel Sauter as VP of development. Based in New Jersey, Sauter will fuel TDC’s growth by sourcing and executing industrial development projects throughout... Read more »
Link Logistics Acquires Parsippany Development Site 

Link Logistics Acquires Parsippany Development Site 

 JLL Capital Markets closed the sale of 2 Hilton Ct., a 10.41-acre site, which will be redeveloped into a 123,000-square-foot warehouse in Parsippany, NJ by the purchaser, Link Logistics. Terms were not disclosed. A JLL... Read more »