Industrial News

Austin's industrial rates finally start to decrease amid negative absorption
The acquisition will complement Pivot's core engineering and manufacturing expertise and will expand its capabilities and resources for design, engineering as well as custom and contract US-made electronics manufacturing. The acquisition is Pivot's...
Los Angeles-based investment firm continues to build its Southern California industrial portfolio
SCOTTSDALE, Ariz. - May 8, 2017 - -- A 35,077 SF manufacturing building at 15550 N. 78th St., Scottsdale, sold recently for $3,910,000 or $111.47 per SF.
PHOENIX - March 28, 2017 - -- An California buyer purchased a 187,611 SF industrial distribution building at 4405 W. Roosevelt St., Phoenix.
PHOENIX - March 21, 2017 - -- A 140,651 SF former Ashley Furniture distribution building at 2929 NW Grand Ave., Phoenix, has recently sold to RacePRO Products for $3,950,000. Price per SF was calculated at $28.08.
TEMPE, Ariz. - March 16, 2017 - -- Four Tempe industrial warehouse buildings totalling 62,287 SF recently sold in two separate transactions for a combined $4,075,000 or $65.42 per SF.
TEMPE, Ariz. - March 13, 2017 - -- Circle K Stores renewed and expanded its presence at Warner Crossing at their currently occupied space at 1130 W. Warner Rd., Tempe, while expanding into 1120 W. Warner Rd. for a total of 104,321 SF (75,489 SF at 1130...
PHOENIX - March 6, 2017 - -- A 94,885 SF industrial distribution property at 2021 E. Jones Ave., Phoenix, sold for $7,068,932 or $74.50 per SF to a national moving and storage company.
PHOENIX - Feb. 16, 2017 - -- Lee & Associates is pleased to announce the sale of a 90,463 SF industrial manufacturing building at 4501 W. Polk St., Phoenix, for $5,650,000 SF. Price per square foot was calculated at $62.46. The property was vacant...
PyroGenesis Signs Additional Military Contracts of Approx. US$1.2MM;
PHOENIX - Dec. 6, 2016 - -- Four Lee & Associates brokers recently negotiated the $4,700,000 all-cash sale of a 75,786 SF industrial warehouse building at Freeport Center, 5520 W. Maricopa St., Phoenix. The price per SF was $62.02.
PHOENIX - Nov. 1, 2016 - -- A 35,328 SF distribution facility at 18808 N. 32nd St., Phoenix has sold to a Tustin, CA-based firm for $4,500,000 or $127.37 per SF. Phoenix Newspapers Inc., parent company to The Arizona Republic, occupies the facility.
MIAMI - Sept. 27, 2016 - -- South Florida's growing demand for cold storage is creating an opportunities for investors to snatch up the scarce facilities available in Miami-Dade County.
MORGANTOWN, W.Va. - Sept. 20, 2016 - -- Swanson Industries (www.swansonindustries.com), a global leader in engineered hydraulics, announced the acquisition of Waratah Engineering (formally known as Kopex Australia) located in Newcastle, New South Wales...
FULLERTON, Calif. - Sept. 9, 2016 - -- The Orange office of Lee & Associates, has completed a lease for a 211,200 SF portion of a larger 441,020 SF industrial space, located at 601 S. Acacia Avenue in Fullerton, Calif.  In need of a short-term...
SCOTTSDALE, Ariz. - Aug. 31, 2016 - -- Lee & Associates brokers have negotiated a seven year-plus industrial lease for 28,378 SF at 101 Scottsdale North at 16648 N. 94th St., Scottsdale.
ORANGE, Calif. - July 21, 2016 - -- Lee & Associates, the largest broker-owned commercial real estate firm in North America, has completed two, 5-year leases for 1150 & 1250 West Trenton Avenue in Orange, California, for a total value of...
With Cross-Market Representation, Online Retailer Now Occupies 175,000 SF
CHICAGO - April 13, 2016 - -- Westmount Realty Capital, LLC (http://westmountrc.com/), and Partners Group (https://www.partnersgroup.com/en/), a global private markets investment manager, are pleased to announce the purchase of an industrial portfolio...
CHICAGO - April 13, 2016 - -- Westmount Realty Capital, LLC (http://westmountrc.com/), and Partners Group (https://www.partnersgroup.com/en/), a global private markets investment manager, are pleased to announce the purchase of an industrial portfolio...