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
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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.
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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.
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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.
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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.
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Dealmaker: Gantry Arranges $29M for Arizona Industrial Assets
Gantry, San Francisco, arranged $28.9 million in financing for two Class A Arizona industrial buildings.