MRP Realty and its partners retained Transwestern to market a 19-building industrial portfolio.
There are headwinds on the horizon for the country's industrial real estate market.
Like other investors, Blackstone Group is drawn to the high IRRs on industrial properties.
Phase 1 of a 2.8M SF industrial development on DFW Airport Land just got $40M in financing.
Douglas Steiner has begun work on a nine-story building with light industrial, office and parking space in the Admiral's Row portion of the Brooklyn Navy Yard.
A look at NAIOP's Industrial Space Demand Forecast, which predicts the sector will see over 223M SF of net absorption this year.
Bergen Logistics has leased the 404K SF, newly redeveloped and automated Murray Metro Distribution Center in the Meadowlands from Murray Construction Co.
The firm has reportedly been approached by several interested buyers, including private equity firms, public pension plans and real estate managers.
Highlighting the strength of the industrial market in Southern California, Watson Land Co. leases 1.1M SF of industrial space in its WIP Chino center in Chino.
Transwestern's industrial development arm is pursuing 477K SF of spec space in Southwest Houston.
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