A Morgan Stanley fund has offloaded Bridge Point Powerline Road, a 467,000 square foot industrial park in Pompano Beach. CenterPoint Properties acquired the three-building complex for $124.5 million. The project was developed... Read more »
A warehouse in Torrance has sold in a more than $50 million all-cash deal. EQT Exeter Real Estate Income Trust acquired a 76,007-square-foot warehouse for $51.5 million in a sale-leaseback transaction, Bisnow... Read more »
Morgan Stanley Investment Management, through investment funds managed by Morgan Stanley Real Estate Investing (MSREI), said Monday it had acquired a last-mile delivery distribution facility adjacent to Los Angeles International Airport (LAX)... Read more »
Gov. Gavin Newsom and the state’s commercial developers have drawn battle lines over a bill he signed to regulate construction of warehouses. After the governor signed Assembly Bill 98, commercial real estate... Read more »
California-based loanDepot on Monday announced it has closed a $300 million offering of notes backed by a revolving warehouse line of credit and secured by mortgages. loanDepot said this is the 10th... Read more »
A judge has ordered Howard Industrial Partners to halt work on a 213-acre warehouse project in Bloomington after the developer demolished more than 100 homes. Superior Court Judge Donald Alvarez told the... Read more »
A Southern California developer must halt construction of a controversial industrial park in San Bernardino County that has displaced scores of homes, after a judge found flaws in the project’s environmental impact... Read more »
Bridge Industrial secured a $53 million construction loan to finance the redevelopment of Ryder System’s former headquarters into Bridge Point Flagler Station, a Class-A, industrial real estate complex located in Miami. CDPQ... Read more »
Rexford Industrial Realty has landed a mystery tenant for a 276,000-square-foot warehouse in Ontario. The Sawtelle-based real estate investment trust leased the warehouse to the undisclosed third-party logistics firm at 500 Dupont... Read more »