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CIM Group recently acquired Junction 20/35, an industrial property of approximately 1.128 million square feet consisting of cold and dry storage, and an adjacent 14.42-acre parcel in South Fort Worth.
"Our vision is to bring advanced technology to the warehouse industry so we can reinvent the business, similar to what Airbnb created in one of the world's largest marketplaces for unique, authentic places to stay," Warehouse Exchange CEO Grant Langston said.
The Cleaning Coalition of America represents the needs of an often-overlooked sector playing a vital role keeping essential services operating during COVID, and is seeking the tools to fight the pandemic and help America get back to work.
According to a recent report from Colliers, leasing volume picked up compared to March and April and despite frequent rumors of sublet space scheduled to enter the market, very little sublet inventory was listed.
Beachwold Residential took advantage of historically low rates that better position both them and a 240-unit garden-style asset for many years to come, according to those familiar with the deal.