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ML Realty, RREEF in Dallas-Ft. Worth Deal
Aug. 20, 2008
An eight-building industrial portfolio changed hands as ML Realty Partners took 1.34 million square feet from RREEF Real Estate in the Fort Worth area, according to a report broken in The Dallas Morning News.
Equity International Brazilian Logistics Investment
Aug. 20, 2008
Equity International, the privately-held investment company focused on real estate-related businesses operating outside of the United States, has announced the closing of a $100 million commitment in AGV Logística, a privately-held logistics company based in Sao Paulo, Brazil.
ProLogis Expands Industrial Portfolio in Mexico
Aug. 20, 2008
ProLogis plans to develop approximately 500,000 square feet of industrial warehouse space in Ciudad Juarez, Mexico. The firm is now beginning phase one of the development at ProLogis Park Centro Industrial Juarez in Ciudad Juarez.
Skinner Announces Move to Marlborough, Mass.
Aug. 20, 2008
Skinner Inc., the  auction house, has announced it will move from its long-time Bolton, Mass. gallery to a new facility located at 274 Cedar Hill Street in Marlborough, Mass.
W.P. Carey Closes $58M Sale-Leaseback in Germany
Aug. 20, 2008
New York City-headquartered W.P. Carey, acting through its publicly held non-traded REITs CPA(R):15 and CPA(R):17 - Global, has completed a sale-leaseback transaction in Germany with U.K.-based automotive supplier Wagon Plc.
Glynn Mireles Indian Firm Buys Land for $100M HQ in Little Rock
Aug. 18, 2008
Man Industries, a pipe-manufacturing firm based in Mumbai, India, has made its first venture into the United States with the purchase of 155 acres of land in Little Rock, Ark., with plans to build a $100 million facility to serve as its North and South American headquarters. Construction will begin later this month in an existing industrial area on Greenfields. No targeted completion date was released.
Thompson National Nabs $110M Portfolio from Storm
Aug. 15, 2008
Thompson National Properties has agreed to purchase a $110 million commercial and industrial portfolio from Storm Properties. The transaction, one of Southern California’s biggest deals in 2008, is for a total of approximately 1.5 million square feet of property.
UK Firm Inks $15M Lease Deal for 178,500-SF Orange County Industrial Facility
Aug. 15, 2008
Bunzl, a consumer products distributor headquartered in the U.K., has managed to wiggle its way into the rarest of accommodations--a 178,000-square-foot Class A industrial property in Orange County.
286,000-SF Sale-Leaseback Deal Incorporates Houston Food Distributor's Expansion
Aug. 15, 2008
Two years after developing its 286,000-square-foot Houston headquarters and distribution center, Glazier Foods Co. Inc. has sold the Class A property in a triple-net sale-leaseback transaction with GSL Welcome Group L.L.C.
PRP II, L.P. Forms JV to Develop Savannah Port Logistics Center
Aug. 14, 2008
Perseus Realty Partners, manager of PRP II L.P. plans to develop Interstate Center II, a warehouse facility located 20 miles outside the port of Savannah, Ga., in joint venture with TPA Realty Services and Resource Real Estate Partners.
ProLogis, Browning JV Leases 947,000 SF at AirTech Park
Aug. 14, 2008
ProLogis and Browning Investments Inc., an Indianapolis-based developer of commercial real estate, have announced that their joint venture has signed a new lease agreement for 947,000 square feet near Indianapolis, Ind.
Beaulieu bldg First Industrial Continues to Expand in Metro Seattle
Aug. 14, 2008
Having entered the Seattle market only last year, Chicago-based First Industrial Realty Trust has grown its presence there steadily, its most recent transaction being the just-announced acquisition of a three-building distribution portfolio in the Kent Valley. The Class A buildings total 233,000 square feet and are 100 percent leased.
KDC, Harbert Management Begin Construction on Northpointe Trade Center in Austin
Aug. 13, 2008
KDC along with Harbert Management Corp. started construction on Northpointe Trade Center in Austin, Tex.
First Industrial, CalSTRS Break Ground in Master-Planned Minneapolis Industrial Park
Aug. 13, 2008
First Park Lakeville, First Industrial Realty Trust Inc.'s 1.4 million-square-foot master-planned industrial park in suburban Minneapolis, will soon get a new tenant, now that the developer has broken ground on a 285,000-square-foot distribution center for Uponor North America. Located in Lakeville, Minn., about 25 miles from Minneapolis, the 140-acre First Park is a project of First Industrial's development and repositioning joint venture with public pension fund California State Teachers' Retirement System.
parcels HFF Arranges $56M Funding for $80M SFO Logistics Center Buy, Development
Aug. 13, 2008
Centrum Properties Inc. and Angelo, Gordon & Co. have secured $56.3 million in financing to acquire and reposition the SFO Logistics Center, a 572,000-square-foot warehouse-distribution center and adjacent 5.2-acre land parcel in south San Francisco that had been owned by the federal government for decades. An HFF executive who arranged the financing told CPN today the entire deal is worth $80 million.
Rockefeller Plans 1MSF Industrial Park in Florida
Aug. 11, 2008
Rockefeller Group Development Corp. has purchased 113 acres in Lakeland, Fla., with plans to develop an industrial park on the site. RGDC plans to build an industrial park of over 1 million square feet on the site, targeting specifically large-scale tenants. The company intends to begin development on the site in early 2009.
USAA Nabs Sears Distribution Center in Pennsylvania
Aug. 07, 2008
The Sears Distribution Center in Covington Industrial Park has been purchased by USAA, according to a Cushman & Wakefield Inc. announcement. The new facility, which is occupied on a long-term lease by Sears Logistics Services, is a 1,026,000-square-foot property located on 74 acres in Covington Township, Penn.
JV to Develop Industrial Projects in Brazil
Aug. 06, 2008
Cyrela Commercial Properties S.A. Empreendimentos e Participacoes entered into a strategic alliance agreement with AMB Property Corp. to develop projects in Brazil's industrial segment.
Binswanger Negotiates Long-Term Lease in Costa Rica
Aug. 06, 2008
On behalf of Conair Corp., Binswanger executed a long-term lease of a 221,000 square feet, two-building complex in Turrialba, Costa Rica, to Firestone Industrial Products de Costa Rica S.A., a subsidiary of BFS Diversified Products L.L.C.
Secluded Caribbean Destination to Get $217M Airport
Aug. 06, 2008
Officials of St. Vincent and the Grenadines have made headway in the plan to make the multi-island country more accessible with the groundbreaking on the Argyle International Airport. The development, which carries a price tag of $217 million, will mark the country's largest project ever to be undertaken. The new facility will occupy a 375-acre parcel that is currently home to the Joshua Airport. Upon Argyle's scheduled completion in 2011, the former airport will be transformed for commercial use.
ProLogis Leases 211,000 SF to Centrum Logistics in Romania
Aug. 04, 2008
ProLogis has leased 211,000 square feet of industrial space in Bucharest, Romania, to Centrum Logistics, a European provider of third-party logistics services and a subsidiary of Groep H. Essers, a Belgium-based transport and logistics company.
HFF Closes Self-Storage, Office Sales in Texas
Aug. 01, 2008
Holliday Fenoglio Fowler L.P. has closed two substantial deals with Texas roots, it has reported. Its Houston-based self storage group completed the sale of a 21-property self storage portfolio with facilities in Florida, Texas, Colorado, Kentucky and Ohio. And its Dallas office announced that it had finalized the sale of the Pyramids at Park Lane in that city.
High Street Nabs 18-Building PA Portfolio
Aug. 01, 2008
High Street Equity Advisors has invested $70.5 million in acquisitions in Pennsylvania. The Boston-based firm purchased 18 light industrial and R&D Flex buildings in two Pennsylvania portfolios, Lehigh Valley and Bucks County.
Jacksonville small Hillwood Inks Beverage Giant to 600,000SF Lease in New Jacksonville Distrib Center
Aug. 01, 2008
In a move to consolidate its distribution operations in the Jacksonville, Fla., area, where it operates a manufacturing plant, Dr. Pepper Snapple Group has leased West Point Trade Center, a 601,500-square-foot distribution facility, from Hillwood, which is scheduled to complete the speculative building by the end of the year.
Central Grocers Breaks Ground on New Headquarters in Joliet
July 31, 2008
Central Grocers Inc. broke ground on its new headquarters building in Joliet, Ill. The 934,490-square-foot building is the largest freezer cooler building slated for construction in the United States this year.
 

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220-Acre Mixed-Use in Works Near University of Missouri
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By Barbra Murray, Contributing Editor -- A 220-acre parcel near the University of Missouri's Discovery Ridge research park in Columbia is on tap to sprout a gargantuan mixed-use project. Forum Development Group, the owner of the land, recently wrapped up...

Icahn Nabs AT&T's Dallas HQ in Sale-Leaseback
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W.P. Carey Closes $58M Sale-Leaseback in Germany
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By Barbra Murray, Contributing Editor -- New York City-headquartered W.P. Carey, acting through its publicly held non-traded REITs CPA(R):15 and CPA(R):17 - Global, has completed a sale-leaseback transaction in Germany with U.K.-based automotive supplier Wagon Plc. The properties involved are...

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Six Mistakes Real Leaders Avoid
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