Gantry, San Francisco, secured a $16.25 million permanent loan for the acquisition of a warehouse facility in Portland, Ore., occupied by FedEx Ground.
Tag: Industrial
Dealmaker: Cushman & Wakefield Arranges $69M in Refinancing for Queens Industrial Site
Cushman & Wakefield, New York, served as exclusive adviser to The KABR Group in the procurement of $69.125 million to refinance an industrial property–called the Ideal Building–in Jamaica, Queens.
Urban Land Institute: 2024 Will Continue to See Challenges, but Optimism Ahead
The Urban Land Institute, Washington, released its Real Estate Economic Forecast for Spring 2024. Among the major takeaways–while 2024 is seeing a solid economy, high interest rates continue to weigh on the industry.
Newmark: Industrial Sector Shows Solid Outlook, but Headwinds Persist
Newmark, New York, found the industrial market had some challenges in the first quarter, but the sector remains on a long-term growth trajectory.
Industrial Fundamentals Break More Records
JLL, Chicago, reported the industrial sector vacancy rate fell for the sixth consecutive quarter in early 2022, from 3.8 percent to 3.4 percent.
Dealmaker: Gantry Arranges $29M for Arizona Industrial Assets
Gantry, San Francisco, arranged $28.9 million in financing for two Class A Arizona industrial buildings.