Industrial
Mapletree Successfully Closes New $1.4B United States Logistics Fund, Includes 444,000 SQFT Sacramento Property
SINGAPORE – Mapletree Investments (“Mapletree” or “the Group”) is pleased to announce the successful closing of its third private fund in 2021, Mapletree US...
322,318 SQFT Crossroads Research Center in Union City Trades for $161MM
(EDITOR’S NOTE: According to sources with knowledge of the transaction details, the property sold for just under $161 million, or $500 per square...
Prime Data Centers Expands Sacramento Portfolio, Begins Construction on 150,000 SQFT Center
(EDITOR’S NOTE: Phase Two of its campus at McClellan Park will total 150,000 square feet and total up to 16MW of capacity, according...
Ark Row Industrial Buys South San Francisco Properties for $32MM
By Meghan Hall Local investment firm Ark Row Industrial is expanding in South San Francisco, and the company has bought two properties just up...
Dermody Properties Announces More than 146,000 SQFT Leased to Costco Innovel in Sacramento
We are pleased to announce a new lease at LogistiCenterSM at Southport with Costco Innovel, a division of Costco. The company will lease 146,763...
J&J Properties Buys Manufacturing Campus in San Jose for $64.3MM
SAN JOSE, Calif. – Nov. 9, 2021 – CBRE announced the sale of the 160,000-sq.-ft. advanced manufacturing and office campus located at 5300-5350 Hellyer...
Oregon Pension Fund Runs up Industrial Portfolio with Three New Commitments Totaling $750MM
By Jon Peterson The industrial market across the country continues to draw institutional investment dollars. In another example of the industry’s appeal, Salem-based Oregon...
Terreno Realty Corporation Acquires Industrial Property in San Jose for $23MM
BELLEVUE, Wash. — Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial...
Placerville Self Storage Asset Sells for $10.2MM
Placerville, CA., October 27, 2021 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the...
Oakland Storage Facility Sells for $24.25MM
(EDITOR’S NOTE: The seller of the property is McGrath Properties, who acquired the asset in 2015, according to the company’s website.) Oakland, CA.,...
Report: Increased Transportation Costs Lead to Record High Industrial Demand Across the U.S.
By Catherine Sweeney Industrial leasing activity across the U.S. has been soaring to new records as a result of supply chain backlogs and...
170,000 SQFT of Land in San Jose Hits the Market with $15MM Price
By Jon Peterson The industrial market across the Northern California region continues to be strong as vacancies reach new lows and availability of properties...