Monmouth Real Estate Announces New Acquisition In The Indianapolis, IN MSA

Monmouth Real Estate Investment Corporation | October 10, 2019

Monmouth Real Estate Announces New Acquisition In The Indianapolis, IN MSA
Monmouth Real Estate Investment Corporation (NYSE: MNR) today announced the acquisition of a new 615,747 square foot industrial building located at 1151 S. Graham Road, Greenwood, IN at a purchase price of $81,500,000. The property is net-leased for 15 years to Amazon.com Services, Inc., a Delaware corporation. The building is situated on approximately 78.64 acres. Michael P. Landy, President and CEO, commented, "In keeping with our commitment of owning a best-in-class, modern industrial property portfolio with vast linkages to the digital economy, we are very pleased to announce this acquisition. The Indianapolis industrial market represents one of the best locations in the U.S. and this acquisition further enhances our large presence here."

Spotlight

An improving economy has meant a marked upturn in commercial construction. But with that greater opportunity comes greater risk: Increased regulatory governance and the tighter credit climate accompanying the recovery have combined to make risk management in construction lending an even greater priority. Given the commercial real estate losses during the Great Recession, lenders are particularly sensitive to construction financing risk in this reboun.

Spotlight

An improving economy has meant a marked upturn in commercial construction. But with that greater opportunity comes greater risk: Increased regulatory governance and the tighter credit climate accompanying the recovery have combined to make risk management in construction lending an even greater priority. Given the commercial real estate losses during the Great Recession, lenders are particularly sensitive to construction financing risk in this reboun.

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$1.6B Industrial Recapitalization of Blackstone Real Estate Income Trust and LBA Logistics Announce

businesswire | January 22, 2021

Blackstone Real Estate Income Trust, Inc. ("BREIT") and LBA Logistics ("LBA") today declared the recapitalization of two mechanical portfolios possessed by LBA involving $1.6 billion of gross worth. BREIT gained a roughly 60% consolidated revenue across the two portfolios, and LBA's venture asset and its financial specialists held the equilibrium. The portfolios involve 71 top notch resources adding up to 9.5 million square feet and are around 95% involved. The resources are found dominatingly in last mile areas in West Coast markets with by far most in California and Seattle, which are two of the best performing mechanical business sectors in the country. After shutting this exchange, over 90% of BREIT's land speculations will be in multifamily, modern, and net rented resources, with mechanical speaking to over 35% of BREIT's portfolio. Eastdil Secured filled in as a guide to LBA Logistics. Blackstone Real Estate Income Trust Blackstone Real Estate Income Trust, Inc. (BREIT) is an unending life, institutional quality land venture stage that carries private land to pay centered financial specialists. BREIT puts resources into settled, pay producing U.S. business land across key property types and less significantly in land obligation speculations. BREIT is remotely overseen by an auxiliary of Blackstone (NYSE: BX), a worldwide pioneer in land contributing. Blackstone's land business was established in 1991 and has around $174 billion in financial specialist capital under administration. About LBA Logistics LBA Logistics (LBA) is a full-service real estate investment and management company with a diverse portfolio of industrial properties in major markets throughout the United States. LBA Logistics’ portfolio currently totals over 60 million square feet and consists of state-of-the-art, high-bay distribution space, light manufacturing and multi-tenant business parks. LBA owns assets in major port and airport adjacent locations including South and Northern California, Seattle, Dallas, Chicago, Atlanta, New York/New Jersey, and Florida as well as regional inland hubs and infill last-mile delivery locations. In addition, LBA Realty owns and operates a portfolio of office and mixed-use properties throughout the Western United States.

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ImmoScout24 Partners with Branch to Power Mobile Growth via Web to App Journeys

ImmoScout24 | September 30, 2021

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The pan-European institutional investor focused on asset-backed investments, Patron Capital, has closed its most recent fund, raising EUR 844 million

businesswire | January 11, 2021

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