CT Realty Snags 95 Acres for 1M-SF Indianapolis Logistics Development

CT Realty acquired a 95-acre parcel in greater Indianapolis for the development of a more than one-million-square-foot industrial building. The Newport Beach, CA-based company acquired the land from GDI Companies, master planner of the surrounding Crossroads Logistics Center where the project will be built. Development is underway on the $50-million building. CT’s Rob Huthnance says,

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Suburban Philly Industrial Portfolio Trades Hands

ASB Real Estate Investments acquired Keystone Industrial Park, an eight-building complex in Bristol, PA, for $42 million. The property consists of two 110,000-square-foot buildings and six buildings between 30,000 and 60,000 square feet—all within the highly sought-after suburban Philadelphia industrial market. ASB’s Brodie Ruland says, “The portfolio is strategically situated adjacent to one of the

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Kennington Commercial Revamps Flex Industrial to Retail

Kennington Commercial is transitioning a total of 122,363 square feet of flex industrial space to retail usage. The Farmers Branch, TX properties in question, Alpha Plaza (4885-4887 Alpha Rd.) and Midway Center (14430-14476 Midway Rd.) are within close proximity to the Dallas Galleria. Both properties are also close to 1,000 planned multifamily units and an

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Prologis Brings Community Workforce Initiative to Chicago

Connect Chicago is coming up on May 14! Click here to register for the event. San Francisco-based Prologis, Inc. partnered with the Quad County Urban League on its “Propel by Prologis” job-readiness program. This collaboration is part of the Prologis Community Workforce Initiative (CWI) and the company’s continuing commitment to expand work-based learning opportunities for

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Winsupply Adds Regional Distribution Center in Jacksonville

Winsupply Inc. plans to open a new regional distribution center in Jacksonville this year. The national distributor of construction and industrial supplies and equipment leased 272,480 square feet at Westside Industrial Park, an under-construction facility being developed by Pattillo Industrial Real Estate. The distribution center sits on 22.3 acres at 6282 Imeson Rd. and will be Winsupply’s

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Brennan, Arch Street buy 1.3M-SF True Value IL Distribution Facility

A joint venture of Chicago-based Brennan Investment Group, LLC and a client of Arch Street Capital Advisors, LLC acquired a 1.3-million-square-foot distribution facility in Harvard, IL. The property at 308 South Division St. is 100% leased to True Value Company. The hardware wholesaler has occupied the property since 1998. Brennan Investment Group’s Robert Vanecko says,

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