Cushman & Wakefield has brokered a longterm lease for a 135,000 square foot building at 25 North, a 70-acre masterplanned industrial development in Thornton, Colorado. The new tenant for the second phase of the project which is under construction is Ferguson Enterprises, a company that sells quality plumbing supplies, HVAC products, and building supplies. Ferguson’s…
deals
FRED310, a prominent new industrial, warehousing and distribution development on a 310-acres site in the Greater Seattle area, has executed a build-to-suit lease totaling 782,875 square feet with national retailer, Harbor Freight Tools. FRED310 is owned and being developed by the joint venture of Panattoni and a real estate fund advised by Crow Holdings Capital.…
Kwik Fit will be joining Toolstation, Easy Bathrooms and Motor Parts Direct at Helix Solstice Park, a development of trade counter units and warehouse buildings in Amesbury, South West England. Developer RO Group is marketing two remaining 3,420 sq. ft and 3,415 sq. ft units at the location which can be combined to provide 6,835…
Prominent San Francisco law firm Shartsis Friese LLP has leased 26,000 square feet of office space at 425 Market Street, a LEED Platinum-certified skyscraper building within the city’s South Financial District in a deal brokered by Cushman & Wakefield and JLL. Founded in 1975, the litigation practice which attracts a global clientele from the hedge…
Savills Investment Management (Savills IM) has acquired the Rapid Logistics distribution centre in the Schiphol Trade Park at Hoofddorp in Amsterdam’s Metropolitan Area in an off-market transaction on behalf of a German pension fund. Development of the distribution centre, which is situated in the logistics zone of the Trade Park – a little over 7km…
Cushman & Wakefield has advised an Ares Management Real Estate fund over the sale of a 601,103-square-foot multi-tenant industrial building in the Otay Mesa submarket of San Diego, California. Located at 2020 Piper Ranch Rd, the fully leased Class A asset is considered one of San Diego’s largest iconic industrial buildings. The facility was acquired…
Commercial law firm Bevan Brittan have advised West Oxfordshire District Council on the purchase of a shopping centre. The deal sees the district council taking control of Marriotts Walk shopping precinct in Witney, as part of its plans to boost the town centre. The 4.9 acre site was built in 2007 and includes 21 lettable business…
Onni Group’s Wilshire Courtyard office campus in Los Angeles has signed a multi-floor lease totaling 225,239 square feet with Sony Pictures Entertainment (Sony Pictures). Wilshire Courtyard is a two-building Class A campus situated in the heart of Miracle Mile, the cultural epicenter of Los Angeles, and home to the Los Angeles County Museum of Art…
Cushman & Wakefield has brokered a full-building lease totaling 1,156,860 square feet with Logistics Plus, Inc. (LP) at Sarival Logistics Center, a new industrial development in Glendale, Arizona. The building was constructed on a speculative basis and represents the first phase of a larger development which can accommodate over 2 million square feet of industrial…
Savills Investment Management (Savills IM) has acquired two properties in Lyon, France, and Milan, Italy, for a total of approximately €110 million for the investment mandate of a southern German pension fund. The purchase in Milan is an off-market transaction. These are the first purchases in France and Italy for the portfolio, which has been…
Pacific Industrial has sold a 824,320 square foot logistics centre in Salt Lake City to developer Principal Global Investors in a transaction advised by Cushman & Wakefield. The recently completed Pacific Summit Logistics Center is a single industrial facility totaling 824,320 square feet located at 885 N John Cannon Drive. The developer, a Southern California-based…
Cushman & Wakefield has advised Gardner Batt on the disposal of an industrial portfolio of two newly constructed Class A industrial/logistics buildings let by a Fortune 10 global e-commerce company in Salt Lake City. The joint venture of Greenlaw Partners and Mirae Asset Global Investments acquired the 347,290-sf portfolio in Utah for a combined price…