Bridge Industrial acquires future site of Bridge Point Melrose Park II in forward sale
Bridge Industrial (Bridge) announced the acquisition of a 12-acre site in a forward sale structure to serve as the future home of Bridge Point Melrose Park II. Bridge acquired the property, formerly a truck parking lot, from a joint venture of Missner Group and Timber Hill. The seller will be retained by Bridge to complete the […]
Cinelease Studios to Expand Georgia Operations, One of the Largest Film Studios in the Country
The facility will be one of the largest film studios in the country when complete and the only public-private partnership that has developed infrastructure for the film and TV industry in Georgia. Cinelease currently serves the Peach State’s film industry via three locations in Clayton, Gwinnett, and Newton Counties. The expansion at Three Ring will […]
Investors Searching For Price Ceiling On Industrial Outdoor Storage Sites Amid Red-Hot Competition
As the industrial outdoor storage sector drafts on the incredible strength of the distribution center market, landlords are doing everything they can to capitalize on the unprecedented demand, from both investors and tenants. As a property type with fairly low maintenance costs and “sticky” tenants, industrial outdoor storage has become a darling of institutional investors, large private equity firms and anyone with an interest in […]
Woodvale, Timber Hill Secure Financing for Movie Production Campus Expansion in Covington, Georgia
COVINGTON, GA. — A joint venture between Atlanta-based Woodvale LLC and Chicago-based Timber Hill Group has secured an undisclosed amount of construction financing and recapitalization for the expansion of Cinelease Studios – Three Ring, a TV and film production media campus in Covington. Eastdil Secured arranged the financing through Los Angeles-based CIM Group. Pattillo Construction […]
Timber Hill Group adds acquisitions associate to roster
Jacob Daitch has joined Chicago-based Timber Hill Group, a private equity firm specializing in the acquisition and development of ecommerce and logistics-related industrial real estate, as an acquisitions associate. Daitch will work closely with senior management on all aspects of commercial real estate operations including property acquisitions and dispositions. As an integral member of the […]
CIM-Funded Expansion To Make Covington Studio One Of Georgia’s Largest
A year after introducing Hollywood to Covington, Georgia, the owner of the Cinelease Studios-Three Ring, has secured financing for a massive expansion that will position the new production facility to be among the largest in Georgia. Los Angeles-based CIM Group — the developer behind the multibillion-dollar redevelopment of the Gulch, called Centennial Yards, in Downtown Atlanta — has agreed […]
A Tight Market For Industrial Service Facilities Is About To Get Tighter And Investors Sense Opportunity
Everyone is becoming more accustomed to seeing small trucks roam their neighborhoods, delivering goods ordered online. But even as the coronavirus pandemic greatly intensified demand for these services, most municipalities are reluctant to approve proposals to develop new industrial service facilities where distributors and other businesses can store, maintain or dispatch vehicles, heavy equipment or bulk materials. […]
Chicago industrial real estate sales far outpace 2020 figures
Strong demand for warehouses and distribution centers in Chicago is forecast to surpass last year’s sales volume. The city’s industrial real estate sales totaled $1.52 billion in the first half of this year, on track to blow past last year’s $2.13 billion in sales, according to data from CommercialEdge. The country’s largest market for industrial real estate, […]
Timber Hill Group and Champion Realty Advisors launch new TH Logistics Fund I
Timber Hill Group (Timber Hill), a private equity firm specializing in the acquisition and development of logistics related industrial real estate, in a joint venture with Chicago-based Champion Realty Advisors, recently launched its newest investment vehicle, TH Logistics Fund I. “We are looking forward to executing our investment strategy, which includes the acquisition of stabilized, […]
E-commerce, logistics deals drive demand for Chicago industrial market
Brookfield Asset Management, Elion Partners to develop $1B of real estate as Timber Hill Group, Champion Realty Advisors plans $150M fund for logistics-related projects The rise of e-commerce is driving demand for industrial real estate in Chicago as investors seek to build logistics-related properties. Brookfield Asset Management and logistics investor Elion Partners said today that it teamed up […]