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      <title>Industrial Property News RSS</title>
      <link>http://www.cpexecutive.com</link>
      <description></description>
      <language>en-us</language>
      <pubDate>Tue, 27 Oct 2009 16:08:58 UTC</pubDate>
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<item>
         <title>Charleston Industrial Market Gets Boost with 1.1MSF BTS Deal</title>
         <link>http://www.cpexecutive.com/cpn/property-types/Charleston-Industrial-Market-Gets-Boost-with-11MSF-BTS-Deal-1611.shtml</link>
         <description><![CDATA[Given that the U.S. recession has left the retail market in shambles
and the global financial meltdown has hindered trade activity, demand
for distribution and warehouse facilities has taken a major hit, so the
big news out of Charleston's industrial market is something that is
heard of quite infrequently these days. Rockefeller Group Development
Corp. and MeadWestvaco Corp., developers of the 400-acre Rockefeller
Group Foreign Trade Zone/Charleston industrial park in Berkeley County,
S.C., have just landed a 1.1 million square-foot build-to-suit deal
with automotive replacement tires marketer TBC Corp.]]></description>
         <pubDate>Tue, 27 Oct 2009 16:08:58 UTC</pubDate>
         <guid>http://www.cpexecutive.com/cpn/property-types/Charleston-Industrial-Market-Gets-Boost-with-11MSF-BTS-Deal-1611.shtml</guid>
      </item> 

<item>
         <title>Northstar Makes 370,000SF Distressed Play Near Houston </title>
         <link>http://www.cpexecutive.com/cpn/property-types/Northstar-Makes-370000SF-Distressed-Play-Near-Houston--1567.shtml</link>
         <description><![CDATA[Northstar Commercial Partners has acquired a 370,000-square-foot distribution center in Sugar Land, Texas, near Houston.]]></description>
         <pubDate>Tue, 27 Oct 2009 16:08:58 UTC</pubDate>
         <guid>http://www.cpexecutive.com/cpn/property-types/Northstar-Makes-370000SF-Distressed-Play-Near-Houston--1567.shtml</guid>
      </item> 

<item>
         <title>ProLogis Signs ITS to 176,000SF Reno Lease Renewal </title>
         <link>http://www.cpexecutive.com/cpn/property-types/ProLogis-Signs-ITS-to-176000SF-Reno-Lease-Renewal--1549.shtml</link>
         <description><![CDATA[Global industrial property REIT ProLogis has signed a lease renewal for
176,000 square feet of distribution space in Reno, Nev., with ITS
Logistics, a third-party logistics provider.]]></description>
         <pubDate>Tue, 27 Oct 2009 16:08:58 UTC</pubDate>
         <guid>http://www.cpexecutive.com/cpn/property-types/ProLogis-Signs-ITS-to-176000SF-Reno-Lease-Renewal--1549.shtml</guid>
      </item> 

<item>
         <title> RBJ Negotiates 343,000SF Boston-Area Warehouse Lease </title>
         <link>http://www.cpexecutive.com/cpn/property-types/-RBJ-Negotiates-343000SF-Boston-Area-Warehouse-Lease--1550.shtml</link>
         <description><![CDATA[Real estate advisory firm Richards Barry Joyce &amp; Partners has
negotiated a nearly 343,000-square-foot industrial lease renewal and
expansion in Northborough, Mass., one of the Boston-area�s largest
deals of the year.]]></description>
         <pubDate>Tue, 27 Oct 2009 16:08:58 UTC</pubDate>
         <guid>http://www.cpexecutive.com/cpn/property-types/-RBJ-Negotiates-343000SF-Boston-Area-Warehouse-Lease--1550.shtml</guid>
      </item> 

<item>
         <title>ProLogis Inks 326,000 SF of Leases in Columbus</title>
         <link>http://www.cpexecutive.com/cpn/property-types/ProLogis-Inks-326000-SF-of-Leases-in-Columbus-1482.shtml</link>
         <description><![CDATA[Industrial property REIT ProLogis has signed four new lease agreements
for distribution space in Columbus, Ohio, totaling 326,000 square feet.
]]></description>
         <pubDate>Tue, 27 Oct 2009 16:08:58 UTC</pubDate>
         <guid>http://www.cpexecutive.com/cpn/property-types/ProLogis-Inks-326000-SF-of-Leases-in-Columbus-1482.shtml</guid>
      </item> 

<item>
         <title>As US Industrial Market Contracts, 2010 Recovery Possible</title>
         <link>http://www.cpexecutive.com/cpn/property-types/As-US-Industrial-Market-Contracts-2010-Recovery-Possible-1434.shtml</link>
         <description><![CDATA[Don�t look for the national industrial market to turn around any time
soon, but what about next year? Results of the North America Industrial
second quarter report prepared by Jones Lang LaSalle show signs that
the market is stabilizing, and indicators point toward some recovery
late next year.]]></description>
         <pubDate>Tue, 27 Oct 2009 16:08:58 UTC</pubDate>
         <guid>http://www.cpexecutive.com/cpn/property-types/As-US-Industrial-Market-Contracts-2010-Recovery-Possible-1434.shtml</guid>
      </item> 

<item>
         <title>ProLogis Continues Risk Reduction Strategy with New Japan Partnership</title>
         <link>http://www.cpexecutive.com/cpn/property-types/ProLogis-Continues-Risk-Reduction-Strategy-with-New-Japan-Partnership-1407.shtml</link>
         <description><![CDATA[A victim of the credit crisis and the global economic downturn,
ProLogis announced nearly 10 months ago that it would take steps to
shore up its balance sheet and reduce risk, and its latest move in
Japan constitutes yet another one of those steps. The Denver-based
global distribution facilities provider has just formed an alliance
with Tokyo-based Japan Logistics Fund Inc. and Mitsui &amp; Co.,
Logistics Partners Ltd. that allows the aforementioned group, JLF, to
acquire assets in ProLogis' development portfolio in Japan.]]></description>
         <pubDate>Tue, 27 Oct 2009 16:08:58 UTC</pubDate>
         <guid>http://www.cpexecutive.com/cpn/property-types/ProLogis-Continues-Risk-Reduction-Strategy-with-New-Japan-Partnership-1407.shtml</guid>
      </item> 

<item>
         <title>For Spec Industrial Projects, Green is Key</title>
         <link>http://www.cpexecutive.com/cpn/property-types/For-Spec-Industrial-Projects-Green-is-Key-1401.shtml</link>
         <description><![CDATA[Looking toward the future in speculative building projects going green,
joint venture Stirling Capital Investments has achieved LEED Gold
certification for a 1-million-square-foot industrial distribution
center. And in today's uncertain rental and sales climate, green
certification is becoming ever more vital in securing interest in spec
projects. ]]></description>
         <pubDate>Tue, 27 Oct 2009 16:08:58 UTC</pubDate>
         <guid>http://www.cpexecutive.com/cpn/property-types/For-Spec-Industrial-Projects-Green-is-Key-1401.shtml</guid>
      </item> 

<item>
         <title>National Economic Woes Finally Trickle Down to Houston Industrial Market</title>
         <link>http://www.cpexecutive.com/cpn/property-types/National-Economic-Woes-Finally-Trickle-Down-to-Houston-Industrial-Market-1397.shtml</link>
         <description><![CDATA[While the Houston industrial market continued to thrive even as the
industry malaise and economic downturn took hold, the trickle down
effect seems to have finally caught up with the market, as a gradual
contraction that began in the first quarter of 2009 continued at
mid-year.]]></description>
         <pubDate>Tue, 27 Oct 2009 16:08:58 UTC</pubDate>
         <guid>http://www.cpexecutive.com/cpn/property-types/National-Economic-Woes-Finally-Trickle-Down-to-Houston-Industrial-Market-1397.shtml</guid>
      </item> 

<item>
         <title>Economy Watch - CRE Valuation Takes a Thrashing in First Half '09 </title>
         <link>http://www.cpexecutive.com/cpn/property-types/Economy-Watch-CRE-Valuation-Takes-a-Thrashing-in-First-Half-09--1357.shtml</link>
         <description><![CDATA[U.S. commercial property valuations have dropped more in the first six
months of 2009 than all of 2008, according to a report by the
Investment Property Databank. The IPD US Annual Property Index for last
year showed an annual capital return of minus 12.2 percent; during the
first half of 2009, the return was about minus 17 percent.]]></description>
         <pubDate>Tue, 27 Oct 2009 16:08:58 UTC</pubDate>
         <guid>http://www.cpexecutive.com/cpn/property-types/Economy-Watch-CRE-Valuation-Takes-a-Thrashing-in-First-Half-09--1357.shtml</guid>
      </item> 

<item>
         <title>CB Richard Ellis Realty Trust Buys Best Buy Warehouse</title>
         <link>http://www.cpexecutive.com/cpn/property-types/CB-Richard-Ellis-Realty-Trust-Buys-Best-Buy-Warehouse-1317.shtml</link>
         <description><![CDATA[CB Richard Ellis Realty Trust acquired  a new 238,370-square-foot state-of-the-art suburban Boston warehouse/distribution building built to suit for Best Buy Stores, which is occupying it on a long-term lease. Located at 140 Depot St. in Bellingham, Mass., the center is expandable and features pre-cast concrete construction, cross-docking, a 36-foot clear height, ESFR sprinklers and excess trailer parking. It will be used primarily as a regional distribution center for home delivery of large items, along with some service/repair and dispatching and scheduling work.
]]></description>
         <pubDate>Tue, 27 Oct 2009 16:08:58 UTC</pubDate>
         <guid>http://www.cpexecutive.com/cpn/property-types/CB-Richard-Ellis-Realty-Trust-Buys-Best-Buy-Warehouse-1317.shtml</guid>
      </item> 

<item>
         <title>NJ Company Breaks Ground on Cold Storage Facility in China</title>
         <link>http://www.cpexecutive.com/cpn/property-types/NJ-Company-Breaks-Ground-on-Cold-Storage-Facility-in-China-1291.shtml</link>
         <description><![CDATA[Ground has broken on a 280,000-square-foot refrigerated warehouse at
Lingang Logistics Park in Shanghai, China, for Newark, N.J.-based
Preferred Freezer Storage. For China, the property will become the
country's largest and most sophisticated single-story cold storage
facility. For PFS, the build-to-suit structure marks the company's
entr&eacute;e into China, as well as the beginning of its pursuit to
accommodate the burgeoning demand for cold storage facilities across
the country.]]></description>
         <pubDate>Tue, 27 Oct 2009 16:08:58 UTC</pubDate>
         <guid>http://www.cpexecutive.com/cpn/property-types/NJ-Company-Breaks-Ground-on-Cold-Storage-Facility-in-China-1291.shtml</guid>
      </item> 

<item>
         <title>Opus Property Services Reported for Sale</title>
         <link>http://www.cpexecutive.com/cpn/property-types/Opus-Property-Services-Reported-for-Sale-1289.shtml</link>
         <description><![CDATA[Opus Corp. is seeking to sell its property-management business, according to a report on bizjournals.com, the Web site of American City Business Journals. It quoted a company spokesperson as stating that selling off Opus Property Services would help the company renew its focus on its &quot;core competency,&quot; along with its being a good time to sell because property management firms currently have an &quot;appetite ... to grow their (business).&quot; Opus' management portfolio totals about 30 million square feet of office, retail, industrial and corporate space.
]]></description>
         <pubDate>Tue, 27 Oct 2009 16:08:58 UTC</pubDate>
         <guid>http://www.cpexecutive.com/cpn/property-types/Opus-Property-Services-Reported-for-Sale-1289.shtml</guid>
      </item> 

<item>
         <title>Tenant Signs on for 269,000 SF of Inland Empire Industrial Space </title>
         <link>http://www.cpexecutive.com/cpn/property-types/Tenant-Signs-on-for-269000-SF-of-Inland-Empire-Industrial-Space--1274.shtml</link>
         <description><![CDATA[Newport Beach, Calif.-based Master Development Corp., the managing
member of Ontario Two L.L.C., has inked a tenant to a six-year lease
valued at $3.5 million in Phase II of its Thoroughbred Business Park, a
2 million-square-foot industrial park located in Ontario, Calif.]]></description>
         <pubDate>Tue, 27 Oct 2009 16:08:58 UTC</pubDate>
         <guid>http://www.cpexecutive.com/cpn/property-types/Tenant-Signs-on-for-269000-SF-of-Inland-Empire-Industrial-Space--1274.shtml</guid>
      </item> 

<item>
         <title>$4.2B Semiconductor Facility in Upstate NY Likely to Spark New Opportunities    </title>
         <link>http://www.cpexecutive.com/cpn/property-types/42B-Semiconductor-Facility-in-Upstate-NY-Likely-to-Spark-New-Opportunities---1262.shtml</link>
         <description><![CDATA[After three years of Silicon Valley-based GlobalFoundries and the State
of New York working together to lay the financial groundwork,
construction of GlobalFoundries' $4.2 billion semiconductor wafer
manufacturing facility at the new 1,400-acre Luther Forest Technology
Campus in Malta, N.Y., has just commenced. Officials expect the
GlobalFoundries development to create 1,400 new manufacturing jobs, and
they are keeping their fingers crossed that the 1.3-million-square-foot
Fab 2 will spur additional investment in the area.]]></description>
         <pubDate>Tue, 27 Oct 2009 16:08:58 UTC</pubDate>
         <guid>http://www.cpexecutive.com/cpn/property-types/42B-Semiconductor-Facility-in-Upstate-NY-Likely-to-Spark-New-Opportunities---1262.shtml</guid>
      </item> 

<item>
         <title>With $210M Fund, Marcus Capital is Latest Firm to Seek Investment Bargains</title>
         <link>http://www.cpexecutive.com/cpn/property-types/With-210M-Fund-Marcus-Capital-is-Latest-Firm-to-Seek-Investment-Bargains-1235.shtml</link>
         <description><![CDATA[Looking to take advantage of the current bargains to be had in the
investment market, Boston-based real estate investment firm Marcus
Partners has closed Marcus Capital Partners Fund I with $210 million in
capital commitments. The fund will cast a wide net, pursuing
diversified investments including office, bio-medical, medical office
and light industrial properties.]]></description>
         <pubDate>Tue, 27 Oct 2009 16:08:58 UTC</pubDate>
         <guid>http://www.cpexecutive.com/cpn/property-types/With-210M-Fund-Marcus-Capital-is-Latest-Firm-to-Seek-Investment-Bargains-1235.shtml</guid>
      </item> 

<item>
         <title>1.2MSF Project on Former Brownfield Site in California Earns LEED Certification</title>
         <link>http://www.cpexecutive.com/cpn/property-types/12MSF-Project-on-Former-Brownfield-Site-in-California-Earns-LEED-Certification-1228.shtml</link>
         <description><![CDATA[A 1.2-million-square-foot industrial park touted as the largest
speculative industrial project in the U.S. became one of the largest
overall projects in California to receive LEED certification. Developed
by Dallas-based Hillwood, the project was sold to CB Richard Ellis
Investors a year ago, but Hillwood staff recently completed the Silver
LEED certification process on behalf of the new buyer.]]></description>
         <pubDate>Tue, 27 Oct 2009 16:08:58 UTC</pubDate>
         <guid>http://www.cpexecutive.com/cpn/property-types/12MSF-Project-on-Former-Brownfield-Site-in-California-Earns-LEED-Certification-1228.shtml</guid>
      </item> 

<item>
         <title>IDI Leases 171,800 SF of Georgia Industrial Space </title>
         <link>http://www.cpexecutive.com/cpn/property-types/IDI-Leases-171800-SF-of-Georgia-Industrial-Space--1233.shtml</link>
         <description><![CDATA[Real estate firm IDI has executed a 171,800-square-foot, five-yearlease in Lithia Springs, Ga., with Sensormatic Electronics Corp., aprovider of security and fire safety products and services for thecommercial and residential sectors.]]></description>
         <pubDate>Tue, 27 Oct 2009 16:08:58 UTC</pubDate>
         <guid>http://www.cpexecutive.com/cpn/property-types/IDI-Leases-171800-SF-of-Georgia-Industrial-Space--1233.shtml</guid>
      </item> 

<item>
         <title>ProLogis Continues to Pay Down Debt, Remains Active in Chicago</title>
         <link>http://www.cpexecutive.com/cpn/property-types/ProLogis-Continues-to-Pay-Down-Debt-Remains-Active-in-Chicago-1226.shtml</link>
         <description><![CDATA[Like all commercial property players, industrial REIT ProLogis has had
to deal with the challenges of the sagging economy and sluggish leasing
market. Despite the tumultuous environment though, the firm is still
getting deals done�including some very sizable transactions, like a
250,000-square-foot lease the firm recently inked with Roosevelt Paper
Co. near Chicago. That deal was the largest splash made by ProLogis in the region during
the second quarter, during which it racked up a total of nearly 600,000
square feet in leases.]]></description>
         <pubDate>Tue, 27 Oct 2009 16:08:58 UTC</pubDate>
         <guid>http://www.cpexecutive.com/cpn/property-types/ProLogis-Continues-to-Pay-Down-Debt-Remains-Active-in-Chicago-1226.shtml</guid>
      </item> 

<item>
         <title>760,000SF Sale a Jolt for Slow LA Industrial Market</title>
         <link>http://www.cpexecutive.com/cpn/property-types/760000SF-Sale-a-Jolt-for-Slow-LA-Industrial-Market-1199.shtml</link>
         <description><![CDATA[Despite sale and lease activity in the Los Angeles industrial market
well off from just a year ago, Westcore Properties and Dune Real Estate
Fund II have purchased a seven-building portfolio containing more than
760,000 square feet of L.A.-area industrial properties.]]></description>
         <pubDate>Tue, 27 Oct 2009 16:08:58 UTC</pubDate>
         <guid>http://www.cpexecutive.com/cpn/property-types/760000SF-Sale-a-Jolt-for-Slow-LA-Industrial-Market-1199.shtml</guid>
      </item>
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