Industrial Archives - Blue Vault

Industrial

October 3, 2023

ARCTRUST Launches DST Offering of Ohio Industrial Facility

ARCTRUST Inc, a 38-year-old, fully integrated real estate company specializing in the development, acquisition and funding of reliable properties, announced today the launch of ARCTRUST Industrial Delaware statutory trust (“DST”), a Regulation D private placement offering that seeks to raise up to $7.1 million in equity and provides 49.5% leverage, targeting a 5.07% year-one distribution…

August 31, 2023

Growth on US REIT’s same-store net operating income slows in Q2

US equity real estate investment trusts saw weaker gains on same-store net operating income during the second quarter. S&P Global Market Intelligence prefers to take cash-based same-store net operating income, if available. However, a noncash-based net operating income will be used if not...

August 21, 2023

Hines Global Income Trust Acquires Logistics Center in Columbus

Hines Global Income Trust Acquires Logistics Center in Columbus August 16, 2023 | Hines Hines, the global real estate investment, development, and property manager, announced that Hines Global Income Trust, Inc. (“HGIT”) has acquired I-70 Logistics Center located at 9157 Mink Street SW in Columbus, Ohio, a distribution center that is 100% leased to a…

August 12, 2023

Sealy & Co. Purchases 265,700 SF Iowa Warehouse

Sealy & Co. Purchases 265,700 SF Iowa Warehouse August 11, 2023 | Gabriel Frank | Commercial Property Executive The asset was the first facility to come online in a 1.1 million-square-foot industrial park. A rendering of the exterior facade of Altus Commerce Center Building A. Building A was the first to be completed within the…

August 9, 2023

U.S. Industrial Leasing Down A ‘Staggering’ 47% From Last Year: JLL

The industrial sector is still delivering a wave of development across the country that started during the pandemic-era boom, but new data shows demand is not keeping up with the pace of new supply....

July 28, 2023

Infill industrial transload facility trades for $74.7M in Savannah

JLL Capital Markets announced today that it arranged the $74.7 million sale of an infill industrial, build-to-suit transload facility totalling 136,240 square feet in Savannah, Georgia...

July 19, 2023

Newly Formed BGO Industrial REIT Acquires Interest In 9.4M SF Portfolio

BGO Industrial Real Estate Income Trust, a nontraded REIT formed by investment management firm BentallGreenOak, acquired an interest in a 9.4M SF industrial “seed portfolio” of 29 buildings in the Midwest.

July 19, 2023

US warehouse rents will defy logistics transportation rate drop -Prologis CEO

Warehouse rents will continue to rise even as other supply-chain costs tumble from pandemic highs, the CEO of the world's largest warehouse landlord told Reuters on Tuesday. Lease prices have proven far more resilient than air, ship, truck and train transportation rates which have dropped sharply due to the consumer spending shift from goods to…

July 3, 2023

Blackstone Sells Nearly 14M SF of Industrial Properties for $3.1B

Blackstone has signed a definitive agreement with Prologis to sell its nearly 14 million square feet of industrial properties from its affiliated opportunistic real estate funds for $3.1 billion...