The developer is taking advantage of local power and water, as well as tax incentives.
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Find out how the market fared in 2024, based on CommercialEdge data.
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The company occupies a total of 32,000 square feet at the property.
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The new owner will use the property as its corporate headquarters.
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The funding round aims to meet the surging AI and cloud demand.
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An Albertsons store shadow-anchors the property.
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The firm’s first loan finances an industrial outdoor storage portfolio.
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The project is part of a $250 million transportation center redevelopment.
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The transaction also provides the owner with an increased lease funding line for the property.
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The adaptive reuse project will bring as much as 3 GW of capacity to a former industrial site.
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Here’s the latest update on salary increases and recruitment, according to Ferguson Partners' new survey.
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The purchase reflects a total enterprise value of some $800 million.
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JLL represented the seller of the fully occupied property.
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The property’s price dropped 65 percent from its previous trade.
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Veris, Extra Space, Ventas, and Simon are all strategically reinvesting across their portfolios.
The partners have owned the property since 2014.
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At the time of the deal, the five-building industrial park was fully leased.
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A government agency has agreed to occupy the space for 10 years.
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A fashion company is bringing its local associates to this Times Square tower.
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The Fort Lauderdale, Fla., property came online in 2001.
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