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