Industrial

Hilton's first tri-branded property is the most recent completion in what is quickly one of the hottest submarkets whose evolution is supporting both new development and giving new life to some historic structures.

The acquisition of ABC is accretive to earnings and part of a plan to consolidate the building products distribution sector on a national scale, says Timothy Meyer, a co-founder and managing partner of Angeles Equity Partners.

The class-A warehouse complex is the largest planned industrial development in port of NY/NJ region.

Cargo volumes in October were up 5.4% over last year, a rebound following several months of slow cargo activity.

Buyer Ivy Realty plans upgrades, full rebranding for the Roosevelt Boulevard campus.

The new facility is expected to be completed in October of 2019.

Rising e-commerce activity has created new demand for just-in-time facilities near urban core markets, the Port of Oakland and Oakland airport, along with Central Valley fulfillment centers, says Transwestern.

Arcapita has overseen $2 billion of industrial real estate transactions in the US and Asia.