Birtcher Anderson & Davis Associates (BA&D) and Belay Investment Group announced the $7.4 million sale of Foothill Business Park, a 30,907 square-foot multi-tenant industrial property in Irwindale, California. The sale marks the final transaction involving the...
Shopoff Realty Investments has acquired a 13.75-acre industrial property in Buena Park, California, that it plans to turn into a residential development. The company announced that $49 million in acquisition financing for the project was secured with support from JLL...
The Canadian investment firm Brookfield Asset Management announced plans to expand its presence in Japan with the combined $1.6 billion purchase of a stake in a Tokyo mixed-use complex and a large open land plot for logistics development. The Japan Times reports the...
The national industrial vacancy rate rose by 20 basis points (bps) to 6.7% in the fourth quarter of 2024, according to data from Cushman & Wakefield (NYSE:CWK), which noted the current level is 30 bps below the 10-year, pre-pandemic average. Overall net absorption...
Chicago-headquartered LaSalle Investment Management has acquired Tempe Commerce Park, a five-building industrial complex totaling 536,122 square feet in Tempe, Arizona. The 36.79-acre property features 24-foot clear heights, dock-high and grade-level doors, and ample...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
