industrial-development

therealdeal.com

Blackstone and Worthe List Former Forever 21 HQ for Sale

Blackstone and Worthe Real Estate Group are listing a 1.5 million-square-foot office and industrial campus in Lincoln Heights for $200 million.

The property has been approved for a 1 million-square-foot development of three mostly industrial buildings.

The former Forever 21 headquarters is being marketed as a shovel-ready industrial project with all the necessary permits to break ground. [ more ]

therealdeal.com

Irvine is experiencing a rebound in industrial development with nearly 2 million square feet of new projects under construction or in planning.

The surge in industrial development marks a departure from the previous trend of replacing older industrial buildings with housing. [ more ]

Sacramento Bee

Officials are reviewing an application for a 145-acre industrial and warehouse development in Modesto, California.

The project could include up to 2.5 million square feet of building space and seven individual buildings. [ more ]