CenterPoint Properties’ Post

Sale-leaseback of a 44,232 s/f manufacturing/warehouse/distribution building for $5 million. Dover, NH Real Estate firm negotiated the recent sale-leaseback of 111 Venture Dr., a 44,232 s/f manufacturing/warehouse/distribution building on 8.03 acres in Enterprise Park, for $5 million. In a strategic financial move, ForwardMerch divested the property while securing a leaseback arrangement for a duration of seven years on a triple-net basis. Despite prevailing high interest rates, the investment opportunity garnered significant attention from multiple prospective buyers, underscored by the presence of a local tenant. This acquisition marks Redstone’s second venture in New Hampshire. https://lnkd.in/eNBPn9gW #soldporperty #propertyinvestment #milliondollarlisting #warehouse #manufacturing #distribution #industrialbuildings #industrialrealestate #realestatedeals #industrialrealestateupdates

We are thrilled to announce a major milestone transaction in Whiteland, Indiana! JDM Partners successfully represented the buyer in the all-cash purchase of a prime 50-acre land site located at 200 West Street. 📍 Property Highlights: Size: 50 acres Location: 200 West Street, Whiteland, IN Transaction Type: All cash Closing Timeframe: 90 days 🔑 Deal Insights: This strategic acquisition marks a significant development opportunity in the rapidly growing area of Whiteland. The 50-acre site offers vast potential for a variety of uses, aligning perfectly with our client’s vision for expansion and growth. Our Role: As representatives of the buyer, our team at JDM Partners facilitated this seamless transaction, ensuring a swift and efficient closing process. Our expertise and dedication to our clients’ needs were pivotal in navigating the complexities of this substantial real estate deal. Stay tuned for more updates as we continue to facilitate impactful real estate transactions that drive growth and opportunity. #RealEstateInvestment #LandAcquisition #WhitelandIndiana #AllCashDeal #JDMpartners #CommercialRealEstate #EconomicDevelopment

MCA Realty is actively investing in industrial properties in the Western U.S. If you are an industrial broker, please connect with Harold Levy or Jason Neiger and send over any properties that you think might be a good fit for our portfolio. Harold Levy -  hlevy@mca-realty.com  949-510-2228 Jason Neiger - jneiger@mca-realty.com 949-683-1002 Our team at MCA invests in legacy industrial assets that require renovation and active management to drive value. Often times our investments are older vintage that have not benefited from significant capital investment. We have had success investing in multi-tenant business parks, sub-dividing existing freestanding buildings, and developing midsize buildings. Our typical acquisitions are between $10M - $50M and usually 50,000 square feet – 500,000 square feet in size. We have acquired assets in the following western U.S. states: Washington, California, Colorado, Utah, Nevada, Arizona, Texas, and Hawaii. For additional context, below is a snapshot showing the assets recently acquired in our first fund. MCA has acquired more than 4.5M square feet across 55 projects since 2012. #mcarealty #industrialrealestate #industrialinvestors #industrialbrokers #orangecountyrealestate #lasvegasrealestate #commercialrealestate #leadership

MK2 Real Estate is pleased to have advised Clearbell Property Partners IV LP, managed by private equity real estate fund management and advisory business Clearbell Capital LLP, on the acquisition of Parkside Industrial Estate in Wolverhampton. The multi-let estate comprises 11 warehouse units, ranging from 4,937 sq ft to 14,100 sq ft, and totalling 98,277 sq ft. It is 94% occupied, with ten of the units let to four tenants. The acquisition aligns with Clearbell’s strategic focus on securing industrial assets below replacement cost as well as offering significant reversionary potential to enhance rental values. MK2's Mark Rooke and Max Sowter advised Clearbell. Mark said: "The industrial property market is buoyant in the West Midlands, particularly for good quality multi-let estates in Wolverhampton and the surrounding areas, due to its central location and rich history in manufacturing and engineering. As such, it is attracting both occupiers and investors. “Parkside Industrial Estate presented a strong case for investment, with potential rental growth and asset management opportunities, aligning with Clearbell's strategic aims." #PropertyInvestment #CommercialProperty #RealEstate

In case you missed last week's largest real estate sales, Rexford Industrial dropped $1 billion to pick up 48 warehouses spread out in Los Angeles and Orange counties from Blackstone. In less positive news, Brookfield Asset Management’s 777 Tower sold for $145 million, which is half the value of the remaining debt on the building. See more of last week's top real estate sales: https://lnkd.in/ekk7Uj6W #CommercialRealEstate #CODealsoftheWeek

Just Sold | $24.52M (Financed) Industrial Property at 5.6% Cap Rate | Northwest Submarket of Indianapolis, IN CBRE’s Investment Properties is pleased to announce the sale of Park 130 at Whitestown Building 2 to a private, high-net-worth buyer for $24.52 million. The 356,900 sq. ft. Class A industrial facility is located at 5828 Commerce Drive, Whitestown, Indiana in the Northwest Submarket of Indianapolis. Investment Properties' Midwest leader Kevin Foley and Vice Chairman Anthony DeLorenzo, along with CBRE’s Executive Vice Presidents Andrew B Morris and Jeremy Woods, CCIM represented the seller in the transaction. "Private, high-net-worth capital continues to show strong interest in the Indianapolis/ Midwest markets and our team is uniquely positioned to source that capital," said Foley of CBRE. "This offering received significant interest (12 offers) from all the different buyer profiles, with a high-net-worth investor ultimately prevailing in the bid process at a 5.6% cap rate.” According to Foley, “Private capital is often less dependent upon debt, frequently bringing 50%+ equity to deals and these investors have longer term hold periods than the institutions. While private capital has already proven to be showing up and winning industrial deals, private capital is going to be increasingly penetrating Indianapolis and the Midwest markets through our conduit. Many of these investors are seeking to diversify and increase their industrial holdings through acquisitions of newer modern bulk buildings in business-friendly states.” Looking for deals? Visit https://lnkd.in/gtsZjSkE #cbre #ipcaaznv #realestate #forsale #cre #creindustry #crexi #loopnet #costar #tradedla #rentv #bisnow #globes #indiana #indianapolis #whitestown #industrial #investments #investmentproperties #closed #justsold

Launching a centralized Procurement and Supply Chain organization is never easy, especially when the industry is not well versed on the fundamentals; however, Buckingham has given me the opportunity to be on the cutting edge of continuous improvement. Happy to share additional insight. #procurement #supplychain #multifamily #multifamilyconstruction #entrepreneurs #success #leadership

Logistics assets significantly impact real estate strategies by driving investment towards the industrial and logistics sector. This trend is evidenced by increased global investment in industrial real estate, highlighting its crucial role in supply chains and the economy. Companies like KKR demonstrate this by committing substantial resources to logistics assets, indicating their strategic importance.

In the realm of multifamily operations, the paradigm has shifted from a conventional focus on transactions to a more profound emphasis on fostering enduring partnerships. Our VP of Supply Chain, Mark Chaplin, spoke with Multifamily Insiders and gave his thoughts on the recent shift. Read more here: https://lnkd.in/gcCJvpBf #multifamily #mixeduse #apartments #buckinghamcompanies #development #construction #multifamilyoperations

🏗️💼 Get the inside scoop on Adam Palmer, CCIM, SIOR and Michael Doyle record breaking, $92.5M closing of Centerlinks Business Park. Discover how this monumental transaction is reshaping the region's commercial real estate scene and paving the way for future growth. Details below! WINK NEWS