Property Types Industrial
Environmentalists OK Conservation Deal for California Development
May 08, 2008
After years of legal battles and negotiations, several major environmental groups and the Tejon Ranch Co. today announced they have reached an agreement that would preserve 90 percent of the 270,000-acre Tejon Ranch in California and enable development of a master-planned community, resort and industrial complex to continue.
14 Net Lease Properties Go for $123M
May 08, 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.
Orlando Sanford International Airport to Join Model Ports Initiative
May 08, 2008
Orlando Sanford International Airport is one of 20 gateway airports nationwide selected to join the U.S. Customs and Border Protection’s Model Ports Initiative, a joint venture that includes federal agencies, the travel industry, airlines and airport authorities.
AMB Leases 126,000 SF in Chicago Development
May 07, 2008
AMB Property Corp. has announced it has leased approximately 126,000 square feet in a Chicago development to Ashley Furniture, an industry leading manufacturer of quality furniture products.
Duke, CBRE Realty Form $800M JV
May 06, 2008
Duke Realty Corp. and CB Richard Ellis Realty Trust have just entered into a partnership to which Duke will contribute as much as $800 million of new industrial projects over a three-year period.
Jury awards $67 million in Florida Eminent Domain Case
May 06, 2008
In an eminent domain proceeding that began just after Florida tightened its eminent domain laws, a jury has awarded $67 million to Keystone Coal, according to Brigham Moore L.L.P., the law firm representing the firm.
GE Real Estate Funds $960M for 34-Property iStar Portfolio
May 05, 2008
New York City-based iStar Financial Inc. has taken a single-source $960 million loan against a portfolio of 34 triple-net-leased single-tenant properties. Holliday Fenoglio Fowler L.P. arranged the adjustable-rate, interest-only loan through GE Real Estate.
New Data Center in Dallas
Dallas-based tech services firm Clearview Managed Services has opened a 20,000 square foot facility on LBJ Freeway.
New Data Center in Dallas
Dallas-based tech services firm Clearview Managed Services has opened a 20,000 square foot facility on LBJ Freeway.
LIRR to Reopen Republic Train Station
May 02, 2008
The Long Island Rail Road plans to reopen the Republic train station in East Farmingdale, which could lead to a 1.2-million-square-foot development in the area, Newsday reported.
AMB Expands Presence in Port of Hamburg
April 30, 2008
AMB Property Corp. has acquired an industrial complex near the Port of Hamburg, Germany, totaling more than 930,000 square feet of existing buildings and 16 acres of land. Kuehne + Nagel, a Swiss logistics company and AMB customer in other parts of the world, has leased about 402,000 square feet of the park in connection with this purchase.
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