The 1.4 million-square-foot center was acquired for its location and position in the marketplace, according to Westcore principal and director of southwestern United States acquisitions Steve Bollert.
The 1.4 million-square-foot center was acquired for its location and position in the marketplace, according to Westcore principal and director of southwestern United States acquisitions Steve Bollert.
Cassidy Turley chief economist Kevin Thorpe offers insights into the second half 2010 industrial outlook on CPE Radio.
Spirongo Lordstown L.L.C., an entity controlled by brothers George and Spiros Bakeris of Howland, Ohio, has acquired the 1.4 million-square-foot Ohio Commerce Center in Warren, Ohio, from Roseville, Minn.-based Meritex.
Cassidy Turley’s latest expansion move did more than give the company a full-service presence in Denver. The fast-growing company, formed on March 1 with the partnership of a number of former Colliers firms and an assortment of others, found in Denver heavyweight Fuller Real Estate a “perfect fit.”
The property includes an 82,053-square-foot building and a 3,000-square-foot building. It is situated on 4.7 acres. It was purchased by diamond manufacturing firm SH Trading, Inc., the United States subsidiary of South Korea-based Shinhan Diamond Corp. The firm will use the space for local manufacturing and distribution.
Two years ago this month, Tokyo, Japan-headquartered Toyota Motor Corp. acquired a 914-acre parcel of land in the town of Sorocaba in Brazil , and now the automobile company is ready to erect a new plant on the site.
The company will consolidate and expand its existing locations in Mt. Vernon, N.Y. and North Bergen, N.J., and will use the new space as its Northeast headquarters. The property is located at 915 Seacaucus Rd.
Known as the Rockwood Capital/365 Main Portfolio, the group of five data center assets consists of buildings developed within the last 10 years and managed by data center developer and operator 365 Main Inc.