Property Types Industrial
Louisiana Beer Distributor Expands Westward
May 12, 2008
Source: Arizona Republic

Though Crescent Crown Distributing sustained $18 million in damage after Hurricane Katrina struck its New Orleans headquarters in 2005, its expansion into Arizona means that the beverage supplier is now on track to becoming the largest employer in the town of Surprise.

Crescent Crown broke ground on its second East Valley facility last month. Those operations are slated for the corner of Dysart Road and Sweetwater Avenue in Surprise. Its central facility is in Phoenix, and the company expects to build a third Valley facility within the next four to six years, according to the Arizona Republic.

 
Recent Industrial Headlines
ProLogis Announces Full Occupancy at 531,000-SF Houston Distrib Park
June 09, 2009
ProLogis announced today full occupancy at ProLogis NorthPark, a recently developed, four-building, 531,000- square-foot distribution park located in Houston.
Amid Continuing Market Decline, First Industrial Nabs $154M in Financing
June 08, 2009
Despite the ongoing weakening of industrial market fundamentals, banks are warming up to certain players like First Industrial Realty Trust Inc., which has just managed to get its hands on $154 million in the form of three loans secured by assets encompassing a total of 6.3 million square feet.
 
Select Coverage By City:

?CPN Executive Outlook? A roundtable discussion on market strategies with John C. Cushman III, Chairman of Cushman & Wakefield, Inc., Gordon DuGan, President and CEO of W. P. Carey & Co., and Mark Rauenhorst, Chairman and CEO of Opus Group.; CPN; Cushman & Wakefield; Gordon DuGan; John C. Cushman III; Mark Rauenhorst; Opus Group; W. P. Carey & Co.; Eugene Gilligan, Senior Editor for Commercial Property News interviews Bob Bach, National Director, Market Analysis Grubb & Ellis Company at Multi Housing World.; Bob Bach; Commercial Property News; Eugene Gilligan; MHN; Multi housing news; multi housing world; hompage