Property Types Industrial
14 Net Lease Properties Go for $123M
May 8, 2008

Net lease brokerage Stan Johnson Co. completed the sale of a 14 property portfolio, containing more than 900,000 square feet to Cole Cos. for $123 million, it has reported. The portfolio includes 10 retail properties, three office properties and one industrial property in 14 different locations across nine states. Gill Warner of Team Warner and Craig Kenney of Team Kenney with Stan Johnson represented Cole. The seller was represented by Mark Allison at Investors Real Estate Agency.

 
Recent Industrial Headlines
ProLogis to Increase Presence in Fort Worth with New 2MSF Park
May 16, 2008
Later this year, Denver-headquartered ProLogis will commence development of ProLogis Park Fort Worth on a 130-acre site in the North Fort Worth submarket. At full build-out the industrial complex will encompass seven structures containing a total of 2.1 million square feet of distribution space.
In N.Y., Century-Old Metalwork Shop Gives Way to Luxury Condos
May 16, 2008 - Source: New York Times
The SoHo shop John DeLorenzo and Bro. has been deemed more valuable closed than open.
donovan Second, Third-Tier Cities New Hotspots for Corporate Development: Report
May 16, 2008
Second-, and even third-tier cities, should be on corporations’ radar screens. They are good places to locate new manufacturing plants, call centers and IT hubs, a study on corporate development hot spots has concluded.
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.
New Studio to Be Built Near Hollywood
May 15, 2008
The United States' largest independent movie studio, a $125 million facility, is slated to break ground in April, 2009, with a projected 18-month construction period, Commonwealth Studios has announced.
 

 

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