Industrial

In an effort to absorb activity and expand its reach within Seattle and the US, Rider Levett Bucknall merged with Seattle-based cost estimating and construction management firm the Robinson Company.

If you are looking for predictions for 2019 for the commercial real estate market, you aren't alone. From industrial markets continuing to sizzle to apartment rents remaining moderate, here are a few predictions for the new year.

Bendetti took note of the appeal of creative office space and the demand for that type of work environment and saw an opportunity to use some of those elements in its industrial properties.

“This acquisition is in line with our strategy of identifying underutilized, high quality food processing facilities that can be retrofitted for modern users,” says Leslie Amoils, president of Infinity Asset Solutions.

The package comes after Baltimore County agreed last month to provide $78 million in funding for infrastructure work at the 3,250-acre property.

The land is zoned for a wide range of prospective usages including a 10 MW private solar facility and 242 residential units.

The company enters 2019 with a resilient focused growth platform and more profitable portfolio.

The transaction marks the fifth data center property acquisition in 15 months for CIM and 1547 Critical Systems Realty.