Kelly Spicers Paper has signed a seven-year lease for the entirety of Building 11 at Patterson Pass Business Park, at 25201-25315 S. Schulte Road, Tracy, California. The leased space spans 158,980 square feet and will be used for warehousing and distribution operations.
A Detroit real estate firm is looking to sell a 21-property portfolio in and around the city’s Eastern Market district. The offering is billed as the largest collection of commercial buildings ever offered in the area by a single owner.
After years of record-breaking industrial construction, Denver's pipeline has slowed to a six-year low amid high construction costs and challenges securing financing.
One of North America’s largest theatrical custom-sewing operations has extended the lease for its headquarters and manufacturing facility as industrial demand softens in New Jersey’s Meadowlands.
In the southern portion of Austin, Texas' Interstate 35 corridor that runs through Hays County, industrial development and leasing activity have been dynamic.
Global shipping company United Parcel Service agreed to sell at least four industrial and office properties in the Atlanta, Chicago and Southern California markets to Fortress Investment Group for about $368 million.
Pharmaceutical giant Eli Lilly and Co. has selected Virginia for the site of a $5 billion manufacturing plant, the first of four new U.S. development sites it plans to announce as it looks to invest $50 billion to ramp up its domestic medicine production.
The real estate arm of Rice University, in partnership with Lincoln Property Co., has unveiled plans to develop a research, laboratory and office building spanning nearly 200,000 square feet on a site with ties to a former Sears store in Houston's Midtown area.
Electric vehicle maker Rivian appears set to begin construction of a planned $5 billion plant near Atlanta, a project that's been hit by months of delays and as Hyundai reconsiders its own EV plant elsewhere in Georgia following raids on its employees.
According to the most recent data from the Bureau of Labor Statistics, the Twin Cities labor market remains resilient but is showing signs of a late-cycle deceleration, with a clear shift in the growth mix. Total nonfarm payrolls increased by 15,900 jobs, or 0.8% year over year, in July, slightly below the U.S. average of 1%.
A U.S. affiliate of Japan's Daiwa House, in a joint venture with developer Trammell Crow, has completed its first U.S. industrial investment in the greater Houston region with bigger plans underway to invest in real estate across the country.
Iroko Atlas. This is the name of the new SCPI launched by Iroko, the French collective investment vehicle. Created five years after the launch of Iroko Zen, this vehicle is intended to be international and opportunistic.
Blackstone agreed to buy a natural gas power plant near Pittsburgh for $1 billion, citing soaring demand for electric power from data centers that process artificial intelligence applications.
One of the nation's largest buyers of industrial real estate is expanding its Atlanta-area holdings with the purchase of a fully leased warehouse in Powder Springs.
Earlier in April, it was reported that initial figures in the first quarter of the year were pointing to the industrial segment being a pocket of strength for Dallas-Fort Worth. Manufacturing, which had been in a national recession, was treading water, maintaining its employment figures and even seeing growth in 2024 and into the early months of the year.