Cabot Properties’ Post

The Airport Way Corporate Park in Portland, OR, a prominent industrial park, has recently been sold for $24.5 million. Situated in the bustling Airport Way Corridor, just five minutes from Portland International Airport and close to major transportation links like the I-205 freeway and BNSF rail yard, the park's location is ideal for businesses needing quick access to transport and distribution networks. Spanning 140,693 square feet with a high occupancy rate of 97%, the park comprises three buildings that offer a mix of office and warehouse spaces. This property's diverse unit sizes make it versatile for various tenant needs, enhancing its appeal in the market. The new ownership plans to invest over $1.3 million in capital improvements, aiming to modernize and upgrade the park. These upgrades include enhancements to the park's aesthetic and operational aspects, such as roofing, HVAC systems, and parking facilities, alongside plans for landscaping and new signage. The strategic location of Airport Way Corporate Park, coupled with its upcoming improvements, positions it as a key player in Portland's industrial and commercial landscape. This sale signifies a noteworthy development in the region's real estate market, emphasizing the growing demand for well-located industrial properties. #smartcap #redmond #kirkland #bellevue #portland #sale #corporatepark #industrial #commercialrealestate

With the green light from Nuneaton and Bedworth Borough Council, Prologis UK is set to significantly boost the Midlands' logistics landscape. The approval for a 159,000-square-foot extension at Prologis Park Coventry is a game-changer, promising to elevate the region's logistical capabilities and investment attraction. Why This Matters Sustainable Development: Aiming for an Energy Performance Certificate rating (AEPC A) and Building Research Establishment Environmental Assessment Method (BREEAM) 'Excellent' ratings, the project sets a precedent for future eco-conscious constructions. Economic Catalyst: The expansion is expected to fuel local business growth and attract new investments, thanks to Prologis' commitment to sustainability and innovation. Strategic Location: The extended facility will enhance Prologis' footprint, offering tenants prime logistics space alongside industry giants. For those eyeing the logistics sector, this expansion signals robust growth and strategic opportunities in the Midlands, a burgeoning hub for logistics and supply chain enterprises. #logistics #supplychain #sustainability #regionalnews #industrynews

🚀 Exciting Developments in North Las Vegas! There is a transformative project coming to North Las Vegas. Prologis has acquired 879 acres of the Apex Industrial Park. They're gearing up to launch an industrial project that spans a whopping 11 million square feet. 🏗️ The strategic location at the intersection of Highway 93 and Grand Valley Parkway is a game-changer. While the specific tenants are still in the works, this project promises to reshape the industrial landscape of the region. What's even more impressive? The commitment to sustainability. The facilities within this park are being designed to achieve LEED Silver certification. Think solar-ready roofs and EV charging stations. 🌞🔌 This initiative is a testament to the power of forward-thinking and innovation. It's a reminder that when we dream big and commit to sustainable practices, we can create a brighter future for all. 🎉 Photo Provided by The Review Journal #IndustrialDevelopment #Sustainability #Omnipresence #NorthLasVegas

Mitiska REIM has today announced on behalf of the MEREP Light Industrial Fund the acquisition of Village Économique Montataire, an income-producing SME business park adjacent to the city of Creil in the Greater Paris region.   Situated on an urban infill location close to the main departmental road connecting Compiègne with the northern L’Oise region, the business park has an existing gross leasable area (GLA) of 22,000 sqm comprised of around 60 SME units and offices ranging in size from 30-3,000 sqm.   As part of its value-add strategy, Mitiska REIM plans to refurbish the existing buildings on site and upgrade them to achieve a BREEAM Official certification of “Very Good”. Mitiska REIM is also investigating the potential to develop an additional 8,000 sqm GLA of SME units on the remaining land of the 7.1-hectare site.   Bram Thomas, Mitiska REIM’s Managing Director for Belgium, the Netherlands and France, comments: “This latest addition to the portfolio is a great example of a currently unloved convenience real estate project with significant upside potential that can be realized through refurbishment, sustainability initiatives and add-on extensions as part of our value-add program. We continue to look for further sites in France in order to expand our portfolio of convenience real estate assets, spanning retail parks, urban logistics and multi-let light industrial opportunities.”   Mitiska REIM was advised on the acquisition by OUDOT (Notary), FAIRWAY AVOCATS (Legal and Fiscal) and Apave (Technical and Environmental). #conveniencerealestate #retailparks #lightindustrial #SME #urbanlogistics #selfstorage #esg

Explore our latest case study on Unit 35, Rosemount Business Park, Co. Dublin. Learn how Bannon property management expertise assisted with the transformation of a vacant asset into a thriving and sustainable space. Check out the case study on our website for a quick journey from a eco-focused refurbishment to a successful sale. Adam Merriman Richard Merriman Stephen Keegan Ray Geraghty William Lambe Alex Patterson Ger Clarke #Bannon #bannonresearch #PropertyManagement #esg #realestateadvice

📝 Case Study: Northwood Urban Logistics, Bedrock Park, Dorset. Our Bournemouth agents were appointed by Northwood Urban Logistics to market and let Bedrock Park - a fantastic new industrial development on the Ferndown Industrial Estate in Dorset. The development completed in Spring 2023, delivering a range of high-specification industrial, warehouse and trade units to market in Wimborne. Thanks to our knowledge of the Dorset industrial market and the contacts and negotiation skills of Bryony Thompson, we have secured several pre-lets at market leading rents for tenants including Ducati Bournemouth, Careco, Bunzl and Glow Green. Today, the site is nearly 60% let / under offer, less than 12 months on from completion. Nick Turner, Asset Management Director, Northwood Urban Logistics: "When speculatively developing a scheme, it is important to know that you have the best agents for the job, and that is what we have in Vail Williams. Their knowledge of the BCP industrial market is absolute, and we are seeing the benefit of this in the tenants secured so far for this scheme." For more information about Bedrock Park, or for help and support with your industrial property needs - in Dorset and beyond - get in touch. https://lnkd.in/edcyuCSy #industrial #bedrockpark #Dorset #industrialproperty #letting #lettingagent #industrialmarket #marketexperts #dealmakers

If you would like a visit from Mark McEvoy, Pass Door Systems give him a yell. He's on the road with his #modular, #cabin and #container #door products -designed for modular buildings … built for modular buildings https://lnkd.in/dPUzdjd #doors #modularbuildings  #constructionsites #constructionsite  #modularconstruction #construction #building #hireindustry #inittogether #teamworkmakesthedreamwork #teamwork  #modularbuildings #temporarybuildings #modularunitsb#portablebuildings #mmc #healthcarebuildings #offsite #offsiteconstruction #offsitemanufacturing #mmc #modernmethodsofconstruction #modular #modularconstruction #modularbuildings #modularsolutions #modularbuild #modularindustry. #constructionuk #constructionsector #construction #manufacturers #manufacturingindustry #manufacturingexcellence #manufacturing #buildbetter #mpba #technology #development #constructionindustry #constructionuk #constructiontechnology #constructionsector #construction #portablebuildings #sustainable #innovation #events #sustainablebuildings #emissions #emissionsreduction #sustainablebuilding #sustainablility #zeroemissions #zerocarbon #zerocarbonfuture #buildingdesign #newstoday #newstories #sustainable #sustainableconstruction #sustainablebuildings #manufacturing #innovation

🌿💚 The Crown Estate is leading the way with its Bedford and Cheshire schemes, aiming to construct 110 homes with a remarkably low embodied carbon footprint of less than 300kg/m2. Not only that, but they are also committed to achieving ambitious energy efficiency targets for these sustainable housing projects. To make these visions a reality, The Crown Estate is inviting partners to join their pilot projects. They are exploring innovative project delivery models and incentives that reward both environmental and financial achievements. This collaboration will push the boundaries of sustainable construction and set new standards for the industry. 🏠🌱 At Cercula, we are thrilled to witness such dedicated efforts toward a greener future. Let's continue working together to make sustainable housing a widespread reality and pave the way for a more sustainable construction sector. 🌍✨ #SustainableHousing #LowEmbodiedCarbon #EnergyEfficiency #GreenConstruction #Sustainability #Cercula #Collaboration #Innovation #ConstructionIndustry #EnvironmentalResponsibility #ClimateAction #SustainableFuture

As a recent arrival in this vibrant city, I've been deeply impressed by the #PortOfHamburg and its remarkable accomplishments this year. The port has achieved an astounding volume of #container handling, setting new records and ensuring timely deliveries across the globe. #Hamburg is also a leader in #sustainable port operations, with impressive reductions in #carbonemissions and a strong commitment to #greentechnologies. Recent upgrades and expansions have significantly boosted the port's capacity, making it one of the most competitive and efficient ports capable of handling the largest ships. The port’s success is palpable throughout the city, contributing massively to the local and national economy by creating numerous jobs and driving #economicgrowth. Hamburg is at the cutting edge of #maritimeinnovation, employing advanced #technologies and smart solutions that set a high standard for operational excellence. As an #engineer, the #PortOfHamburg stands as a paragon of modern #navalarchitecture and strategic #maritimeinfrastructure. Its position along the #ElbeRiver provides a natural advantage, enabling efficient access for large vessels and fostering seamless #internationaltrade. The port’s sophisticated #logistics network and advanced engineering solutions exemplify excellence in maritime operations, making it a crucial hub in the global #shippingindustry. From an #architect perspective , I am equally impressed by the port's integration into the urban fabric of Hamburg. The harmonious blend of functionality and aesthetic appeal in its design demonstrates a commitment to both operational efficiency and architectural beauty. The port’s infrastructure not only supports massive logistical demands but also enhances the visual and environmental landscape of the city. This synergy between engineering prowess and architectural innovation makes the Port of Hamburg a true landmark in modern maritime architecture. 🎉 🚢 🇩🇪 💼 👏🏼 #PortOfHamburg #MaritimeSuccess #HafenCity #CarnivalMaritime #GlobalTrade #SustainableGrowth #Innovation #EconomicImpact #Hamburg2024 #ShippingIndustry #MaritimeExcellence #GreenPort #NavalEngineering #ArchitecturalDesign #UrbanDevelopment #ElbeRiver #ModernInfrastructure