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TOP STORY: Big Industrial to Convert 2.6M SF Plant to Multitenant
A Kansas company that redevelops older single-user manufacturing facilities for multi-tenant distribution and industrial use is taking on one of its biggest challenges with the acquisition of a former tire factory in Oklahoma City. |
Booming Mexican Industrial Sector Draws DCT to Tijuana
Expanding its Mexican portfolio, Denver-based DCT Industrial Trust Inc. entered the Tijuana market with the acquisition of three buildings. DCT president and CIO James D. Cochran says Tijuana is one of the country's strongest industrial markets. |
Arizona Property For Sale After 100K SF Sublease
Barely a week after Contech Construction Products Inc. signed a six-year sublease with Cascades Tissue Group of Arizona for 100,010 sf in Kingman, AZ, the building's owner put the property on the market as a net-lease opportunity. |
Data Points: Industrial REIT Valuation
Industrial REITs currently trade at a 14% discount to the overall REIT industry because the inclusion of operating and development gains results in a lower multiple valuations for the sector, Banc of America Securities LLC reports. |
