The guidance translates to a 6% first-year cap rate
The 74-acre site could be rezoned to allow for commercial development
Proposing a joint investment opportunity to develop industrial condos
As momentum builds, market pros see green shoots for the beleaguered sector
A rezoning proposal is underway to allow light industrial uses
The property traded late last month for $157/sq ft
The $450m joint financing venture with Deutsche Bank will power hyperscale operations
The 13-building property traded for $33.3m
Offering comprises 17 recently completed units across three buildings