Industrial

J.G. Petrucci has acquired an industrial flex building and a six-acre development site that expand the variety of commercial and industrial real estate options it can offer clients.

Educating tenants on the limited supply is among the “toughest jobs right now,” according to John McMillan at NKF.

The properties will be remediated and returned to commerce, as HRP plans a second life for both sites as warehouse distribution hubs.

Kevin Coleman has joined WCRE as EVP and chief sales officer. He comes from Keller Williams Commercial.

Distinguishing between the two can impact property tax.

As a capital markets team, Pergola and Doherty have been involved in combined transactions totaling more than $8 billion.

Construction is to begin this month, with substantial completion expected by the fall of 2020.

64% of Southern California residents shopped online this holiday season, 5% higher than the national average.