Taconic makes first industrial investment in $55M JV with Nuveen
Taconic Partners and Nuveen Real Estate announced today the acquisition of 1 Cory Road, a warehouse and distribution facility in Morristown, New Jersey, for $55 million. “Taconic is...
Tag : industrial
CenterPoint continues to bulk up on NJ industrial property
CenterPoint Properties has closed on a low-coverage industrial facility in a highly coveted pocket of the premier Exit 8A submarket: 6 Wheeling Road in Dayton,...
Kushner sells NJ industrial portfolio for $132M
Industrial investment firm Faropoint has acquired a 10-building portfolio located throughout Northern New Jersey from Kushner Companies for $132.5 million, as part of the company’s...
Arden forms JV with investment giant to target industrial ‘sweet spot’
Arcapita Group Holdings (“Arcapita”), the global alternative investment firm, and Arden Group, a US real estate investment firm, have announced a joint venture to acquire...
Rockefeller sells newly-finished NJ fulfillment center
Rockefeller Group and Cushman & Wakefield announced the sale of 65 Baekeland Avenue, a new 400,000 s/f industrial asset located in Middlesex, N.J. Cushman &...
Brookfield buys 19-acre NJ industrial site
A Brookfield Asset Management-backed fund has acquired a 19-acre industrial development site from Stalwart Ridgefield, LLC. Located in Northern New Jersey’s Route 46 corridor, one...
Simi Capital partners with Cerberus, Stonemont on $19M industrial buy
Simi Capital Group (SCG), a real estate investment firm focused on various equity and debt strategies, announced the $19 million acquisition of a Staten Island...
BEB amps up industrial expansion with $24M LI acquisition
BEB Capital has acquired 100 Marcus Boulevard, in Hauppauge, New York for $24,250,000. The purchase includes a 151,000 s/f warehouse situated on more than 10 acres...
MRA, Angelo Gordon close on first acquisition of new industrial equity fund
Metropolitan Realty Associates (MRA) has closed on the first acquisition of its new $50 million of equity fund focused on Long Island industrial assets. Working...
Queens warehouse trades for $25M
A wholesale distribution firm has paid $24.5 million for a Queens warehouse. MY Sales LLC is a leader in general merchandise and Fast Moving Consumer...