The transaction is Mapletree's fourth U.S. warehouse portfolio sale in the past year.
The facility, being built for a mystery user, could expand up to 980K SF.
Shareholder Sieve Capital is calling for the company to look into all strategic measures available to boost shareholder value and become a profitable REIT.
Amazon will lease the 615K SF warehouse for 10 years.
It is part of a planned $1B investment by the energy technology company in U.S. manufacturing in six states.
ICE has now closed on 10 warehouses for a total of more than $800M. It plans to convert the warehouses into detention centers.
Lowell city councilors say they want the pause to update their regulations and study the effects future data center development may have on the community.
Crane Worldwide Logistics signed the sizable deal in partnership with Amazon to store equipment for Amazon Web Services data centers in the Midwest.
The Bridgehead Industrial Project in Oakley would add more than 3M SF to the East Bay industrial market.
The roof collapsed on the warehouse, but the fire didn't spread to other enormous nearby warehouses.
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