Tagged: industrial assets

Robust Growth in Commercial Real Estate Market Driven by Demand for Industrial Assets

Kohlberg Kravis Roberts & Co. acquired a 1.3-million-square-foot industrial park, GO | 99, for $165 million, marking the largest industrial sale in 2023. Cushman & Wakefield facilitated the sale of a 599.5K-square-foot industrial building in Glendale for $81.7 million. Ivanhoe Electric purchased 5,975 acres for its Santa Cruz Copper Project for $34.3 million, while Christ Church Gilbert bought a church building and two commercial buildings for $24 million. Lincoln Property Company’s LPC Desert West and Goldman Sachs signed Tempur-Pedic to a full-building pre-lease at Buckeye85.