Northeast

"We continue to see investor interest in high quality and well-located industrial assets throughout the state," HFF's José Cruz says.

The project has access to "a strong, vibrant labor force and a strategic location," says Trammell Crow's Andrew Mele.

The private placement is expected to close in mid December 2018 in conjunction with the closing of a previously announced portfolio acquisition in Jacksonville, FL.

The two firms closed on the last property in the Northeast Logistics Portfolio—192 Mansfield Ave. in Norton, MA on Nov. 20.

The new distribution facility will be 1M square feet.

“The best way to make sure the deal is a win for all is for the city and the state to continue to invest in infrastructure and get Amazon to help make it happen,” the RPA states in the report entitled “3 Ways to Make the Amazon Deal Work for Our Region.”

The three portfolio acquisitions include an eight-property, 2,883-unit multifamily portfolio located in the Raleigh-Durham, NC area.

All of the major (and minor) shopping districts and streets in Rome were bustling from 10am until late into the evening.