Longpoint Partners, a Boston-based private equity real estate firm, has acquired a 10-building industrial portfolio in Florida’s Miami-Dade County for $195 million. The portfolio encompasses 729,901 square feet on approximately 41.8 acres in the region’s industrial...
Brennan Investment Group, a private real estate investment firm focused on industrial properties, is expanding into the Phoenix with the appointment of Matt Field as senior vice president. Field brings approximately 15 years of commercial real estate experience, with...
Brookfield Asset Management (NYSE: BAM, TSX: BAM) has partnered with the Canada Pension Plan Investment Board to acquire LXP Industrial Trust (NYSE: LXP), a real estate investment trust focused on Class A warehouse and distribution investments in 12 markets across the...
A new survey published by KPMG has found four in 10 Canadian manufacturers have either moved their production to the US or are considering a relocation south of their border. The survey of 275 Canadian manufacturers found 57% of respondents either paused, reduced, or...
Elon Musk’s SpaceX has secured a 100% property tax abatement for its proposed $55 billion Terafab chip manufacturing ​project in Grimes County, Texas. SpaceX said the project is crucial to its efforts to expand into advanced computing infrastructure and domestic chip...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
