Tag: US industrial real estate
London most expensive location globally for warehousing
The average cost of warehouse property increased 8.4% in June 2022 from a year ago across 52 global markets, as demand surged for industrial...
PepsiCo buys 152 acres of land in Denver to build its...
PepsiCo Beverages North America (PBNA) has acquired nearly 152 acres of land at the Denver High Point development area to build a state-of-the-art, 1.2...
KKR invests in Inland Empire warehouse property
KKR has acquired 6300 Providence Way, a Class A warehouse property located in Eastvale, California, a highly infill submarket of the Inland Empire. The building...
Trammell Crow, CBRE IM announce 1msf industrial development in New Jersey
Trammell Crow Company (TCC) and its joint venture partner CBRE Investment Management announced plans for Arsenal Trade Center, a 1,077,776-square-foot industrial development in Sayreville,...
Trammell Crow, CBRE IM sell industrial park in Northern California
Trammell Crow Company and its joint venture partner CBRE Investment Management have sold Butterfield 5 Technology Park, a 410,101-square-foot industrial park in Morgan Hill,...
Prologis to acquire Duke Realty in $26bn deal
Global logistics real estate company Prologis is acquiring Duke Realty Corporation for $26 billion. Prologis and Duke Realty Corporation announced Monday that they have entered...
Amazon-leased industrial portfolio sells for $520m
South Korea-based Mirae Asset Global Investments has purchased an eight-asset industrial portfolio fully triple-net leased to Amazon for $520 million. The 1.16 million-square-foot portfolio, located in cities...
Walker & Dunlop, Pacific Life to form $500m programmatic joint venture
Walker & Dunlop Investment Partners (WDIP) has partnered with Pacific Life to form a $500 million programmatic joint venture. The joint venture will invest in multifamily and...
CBRE IM closes global special situations fund at $599m
CBRE Investment Management has announced the final close of its CBRE Global Special Situations Fund with $599 million of equity commitments, exceeding the fund's...
Kennedy Wilson acquires UK urban logistics portfolio for £227m
Kennedy Wilson has purchased a portfolio of 20 urban logistics assets in the UK for $287 million(£227.5m). Kennedy Wilson industrial platform acquired the 1.3 million square...