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In 2018, Crow Holdings Industrial hired Clark Machemer as a senior managing director to expand the firm's national platform in the Northeast. The Northeast team has a pipeline of approximately 5 million square feet of industrial space.
Phoenix Investors reports that its new Galesburg assets were originally constructed by Maytag between 1974 and 1996 and then acquired by Whirlpool Corp. Phoenix's portfolio holdings now include eight former Whirlpool facilities.
Andrew Chung, the CEO of Innovo Property Group, knows industrial assets, and as with so much of real estate, he emphasizes location, location, location.
The bill introduced by the At-Large Councilwoman would require large non-residential buildings to confirm their status as high-performing facilities or to perform building improvements to save money and cut carbon pollution.
The partners report the new joint venture has acquired two regional distribution properties totaling 1,152,000 square feet in the Jacksonville and Chicago metros.
A recent survey by RealCrowd revealed that 80% of high net-worth investors are planning to invest in value-add real estate as part of wealth-management strategies.
GlobeSt.com and Real Estate Forum pick this year's key projects and companies to celebrate. Those featured have had a hand in locating adaptive reuse solutions across the country or are working on key projects in Opportunity Zones across the country.
The loans were originated by the firm's recently launched CrossHarbor Senior Debt Income Fund, which is based in Chicago. The fund partnered with National Life Group to provide Scannell Properties of Indianapolis with the construction financings.