Industrial

After a strong October, cargo volumes at the Port of Long Beach are down 3.5% due to tariffs.

A fund managed by Almanac Realty Investors has agreed to provide $300 million to accelerate CIP's value-add investment strategy.

The portfolio consists of primarily Class A properties in Chicago, Indianapolis, Columbus and Milwaukee.

Savills Surplus Property Consulting Services advises investors on divestment strategies and best practices for monetizing assets and mitigating risk on compromised real estate at a single site or in a portfolio.

The firm, which signed a lease for more than 331,000 square feet in January 2019, inked a lease expansion for 108,343 square feet at the recently completed development at 2075 W. 43rd St.

Blackstone Real Estate Partners IX acquired the portfolio, which included 60 million square feet of last-mile, infill light industrial assets.

Ella West Crossing will total 221,393 square feet with cross-dock or front-load lease configuration options that can accommodate users with space requirements ranging from 40,000 to 221,393 square feet.

The deal involves the purchase of the nine-building Shadeland Commerce Center that totals 1.7 million square feet as well as a 353,000-square-foot building.