Industrial
Ares Management Corporation Announces Agreement to Acquire Black Creek Group
LOS ANGELES–Ares Management Corporation (“Ares”) (NYSE: ARES) announced today that a subsidiary of Ares has entered into a definitive agreement to acquire 100%...
Brookfield Properties Purchases 232,600 SQFT Industrial Property in Colton for $38MM
By Catherine Sweeney Brookfield Properties continues to expand its logistics portfolio, with the acquisition of a fully leased property in the Inland Empire....
Principal Real Estate Investors Leases 203,408 SQFT Industrial Space in Ontario
Ontario, CA (May 13, 2021) — Newmark Knight Frank (“Newmark”) announces it has negotiated a 203,408-square-foot lease at California Commerce Center in Ontario, California. ...
Terreno Realty Corporation Acquires Property in Torrance for $6.3MM
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 property...
Kenco Logistics Leases Nearly 400,000 SQFT Industrial Facility in Perris
Ontario, CA (May 11, 2021) — Newmark announces it has negotiated a lease on behalf of Kenco Logistics, one of North America’s leading...
DrinkPAK Expands in Santa Clarita Bringing Total Footprint to ~600,000 SQFT
Newmark Knight Frank (“Newmark”) announces that premier West Coast alcoholic and non-alcoholic beverage manufacturer DrinkPAK, LLC has signed two additional leases for 400,095 square feet,...
100,000 SQFT Industrial Property in Brea Sells for $21MM
LOS ANGELES and BOSTON — Staley Point Capital (“Staley Point”), a value-add investor focused on industrial properties in Southern California, and Bain Capital...
112,000 SQFT Commercial Building in Norwalk Acquired for $30.2MM
(EDITOR’S NOTE: According to a source familiar with the transaction, the property sold for $30.2 million, or just under $270 per square foot.)...
Elion Partners Completes Series of Acquisitions, Including $12.95MM Purchase in Carlsbad
(EDITOR’S NOTE: According to industry sources, the property at 6212 Corte del Abeto, Carlsbad, sold for approximately $12.95MM, or $185 per square foot.)...
Report: Rental Rates at All-Time High in San Diego Industrial Market
By Catherine Sweeney San Diego’s industrial market remains competitive as rental rates hit an all-time high in the first quarter of 2021, a...
Lee & Associates Negotiates 31,206 SQFT Industrial Lease in Santa Ana
MAY 6, 2021 (NEWPORT BEACH, CA) – The 31,206 square foot industrial building located at 3601 West Pendleton Avenue, Santa Ana, CA leased to Goodwill...
16,000 SQFT Industrial Building in Anaheim Sells for $4.16MM
MAY 6, 2021 (NEWPORT BEACH, CA) – The 16,000 square foot industrial building located at 1140 North Tustin Avenue, Anaheim, CA sold to Hunter Food...
