The commercial real estate developer Merritt Properties has broken ground on Phase I of Austin Ridge Business Park in Stafford, Virginia. According to the company, this phase will include two Class A light industrial buildings totaling 140,000 square feet. The...
PRO Real Estate Investment Trust (PROREIT) (TSX: PRV.UN) has completed its $136.8 million acquisition of two industrial portfolios located in Quebec City, Quebec and Winnipeg, Manitoba. The Quebec City portfolio comprises 13 industrial properties totaling 611,924...
Terreno Realty Corp. (NYSE: TRNO) has acquired a San Francisco industrial property for approximately $25.9 million. The 3.8-acre property is an industrial distribution building in the city’s India Basin section. It encompasses approximately 65,000 square feet provides...
BKM Capital Partners and the investment firm Kayne Anderson Real Estate have acquired a 51-property, 8.5 million-square-foot portfolio from the Link Logistics portfolio for $1.81 billion. The acquired portfolio includes multi-tenant light industrial properties across...
Chicago-headquartered Brennan Investment Group announced its acquisition of a 1.3 million-square-foot industrial portfolio consisting of 16 buildings in Northwest Houston. The portfolio was sold by Innovex, a subsea oil and gas equipment manufacturer, and is based...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
