Property Types Industrial
Financing in Place for Flex Property in Poway
May 16, 2008

With a $21 million loan in hand from Wrightwood Capital, the Emri Group will acquire a 144,000-square-foot flex building in Poway, Calif., about 20 miles outside of San Diego. Located within the tight I-15 Corridor at 14040 Danielson Rd., the property consists of 60,000-square feet of office space and 80,000 square feet of manufacturing and warehouse space. Presently 100 percent leased to respiratory disorder product developer ResMed, the building will be leased up at current market rates to a single tenant or multiple occupants upon the current tenant's impending departure.

 
Recent Industrial Headlines
Printer Snaps Up 54,000-SF Orange County Industrial
Oct. 13, 2008
Ownership of the 54,000-square-foot industrial facility at 2341 N. Pacific St. in Orange, Calif., recently changed hands in a deal between Fisher Printing Inc. and Vanderplow Properties.
ProLogis Takes 300,000 SF near Tokyo
Oct. 13, 2008
ProLogis Japan Properties Fund II has acquired a $65 million portfolio near Tokyo, it has reported. The deal includes three buildings totaling 300,000 square feet, all fully leased to three separate Japanese companies, located in Akishima City, a logistics hub approximately 50 kilometers from Tokyo's central business district.
Logistics Company Inks 720,000-SF Industrial Lease in Suburban Detroit
Oct. 10, 2008
Comprehensive Logistics Co. has signed a lease for approximately 718,700 square feet of space in Romulus, Mich., at the Northline Industrial Center, a 1 million-square-foot warehouse facility located at 38481 Huron River Dr., about 25 miles west of Detroit.
Houston Firm Bought in August Sells Manufacturing Facility
Oct. 10, 2008
Less than two months after being absorbed by a Russian manufacturer, the largest independent tubular manufacturer in North America, John Maneely Co. (JMC), has sold its 188,800-square-foot facility in eastern Houston to Miami-based Elite Sales Inc., an importer and wholesale distributor of wire rope, cable, strand, chain and hardware, for an undisclosed amount.
HFF Arranges $97M Refi for Industrial Portfolio
Oct. 10, 2008
The Dallas office of Holliday Fenoglio Fowler L.P. has secured $97.5 million in refinancing for a seven-property industrial portfolio comprising 2.2 million square feet in Florida, New Jersey, Oregon and Texas.
 

 

Will California's Fiscal Pain Spread to Commercial Real Estate?
October 13, 2008
By: Eugene Gilligan, Senior Editor --California's looming fiscal crisis is likely to take its toll on the state's commercial real estate sector. The credit freeze-up had deprived California of up to $7 billion in short-term financing necessary for day-to-day operations....

From CPN's Morning Newsletter-- Columbus Day Discovery: Global Recapitalization
October 13, 2008
By: Tom Dworetzky, News Editor --As CPN reported exclusively in our Daily News REport Morning Edition (subscribe here), with a shoutout to Bette Davis, it's been a bumpy weekend. First off, is it just us, or does recapitalizing every bank...

ProLogis Takes 300,000 SF Feet near Tokyo
October 13, 2008
By: Tom Dworetzky, News Editor --ProLogis Japan Properties Fund II has acquired a $65 million portfolio near Tokyo, it has reported. The deal includes three buildings totaling 300,000 square feet, all fully leased to three separate Japanese companies, located in...

Bush Meets with G-7, Speaks of Crisis
October 13, 2008
By: Tom Dworetzky, News Editor --President Bush spoke to the public from the Rose Garden Saturday after meeting with financial ministers from the G-7 nations. Bush met with Treasury Secretary Henry Paulson, Secretary of State Condoleezza Rice and finance ministers...

Financial Market Update: After the Bell -Friday, Oct. 10
October 10, 2008
By Dees Stribling, Contributing Editor -- Investors usually pay lip service to long-term investing, but in times of crisis the reality is sell - everything - now! Panic was the order of the day on Wall Street, which saw the...

Management Matters with Mike Myatt: Are Recruiters Effective?
October 10, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Sourcing tier one talent is an issue for all businesses. I was recently asked if recruiters are effective, or if they're worth the investment. Since my firm has a talent management practice which...

Management Matters with Mike Myatt: Partisan Politics Not Always Bad
October 03, 2008
The truth about partisan politics is that contrary to public opinion, it's not always a bad thing. Likewise, bipartisan efforts don't always reflect altruistic behavior and selfless acts. From my perspective, it isn't necessarily the stance you take, but rather...

Management Matters with Mike Myatt: Facing Up to Rogue CEOs
September 26, 2008
By: Mike Myatt, Chief Strategy Officer, N2growth --Rogue CEOs. Given the recent failures of banks and financial institutions previously thought to be untouchable, there has been a tremendous amount of justifiable venom being spewed at the CEOs of these firms....

When to Consider Corporate Restructuring
September 19, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Times are tough, and they're likely to get tougher, so my question is this; Should you, or should you not, consider a move toward corporate re-engineering? Whether directly or indirectly, your business will...

Expectation Alignment Key to 'Promise Management'
September 05, 2008
by Mike Myatt, Chief Strategy Officer, N2growth --The art and science behind making commitments and managing expectations has always been a critical skill set for senior executives and entrepreneurs to master. In fact, understanding how to come out on the...