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Polar Beverages warehouse in Auburn changes owners

A warehouse and distribution center in Auburn being leased by Worcester manufacturer Polar Beverages has changed owners.
The 285,437-square-foot facility located at 26 Southbridge St., less than a mile from Polar’s corporate headquarters in Worcester, was purchased by Westbrook Partners, a real estate investment management firm headquartered in New York City, and which maintains offices in Boston, as well as other cities around the United States and globally.
The building was previously owned by GPT Worcester Owner LLC, which is registered to leadership at Link Industrial Properties in New York City.
The sale was brokered by Newmark Group, Inc. of New York, and announced before the purchase was recorded in the Worcester Registry of Deeds. The sale closed on May 24, but Newmark declined to disclose the purchase price. ....

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Blackstone affiliate Revantage buys former Liberty Property Trust industrial portfolio in Triad for $193.47 million

Blackstone affiliate Revantage buys former Liberty Property Trust industrial portfolio in Triad for $193.47 million
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

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Miles Rivers Partners applies to build distribution center at Crossroads Distribution Center | Jax Daily Record | Jacksonville Daily Record

Miles Rivers Partners LLC applied to the city to build Crossroads Distribution Center Building 300 at a construction cost of more than $5.17 million.
Through Crossjax Distribution II LLC, Miles Rivers intends to develop the 235,200-square-foot center at 6590 Pritchard Road in the Crossroads Distribution Center.
The warehouse is planned at southeast Pritchard Road and Interstate 295.
The site is in Northwest Jacksonville.
Miles Rivers Partners Principal Michael Bradley said previously the building, estimated at a total investment of $14 million, should be completed by the third quarter. The speculative structure can be single or multitenant.
Arco Design/Build of Atlanta is shown as the contractor. WRA LLC of Tampa is the civil engineer. Miles Rivers Partners is based in Southport, Connecticut. ....

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Deal Ticker: U.K.-Based Immersive Adventure Experience Inks First U.S. Deal at Grandscape in The Colony

Deal Ticker: U.K.-Based Immersive Adventure Experience Inks First U.S. Deal at Grandscape in The Colony
Plus AI healthcare company Pieces expands office footprint in Las Colinas, a 644,000-square-foot industrial park is headed to Sunnyvale, and more.
Electric Gamebox
Grandscape
Electric Gamebox, an immersive group adventure experience out of the U.K., is opening its premier U.S. location at Grandscape at The Colony on Dec. 23. The experience is designed to transport users into an immersive team adventure in the world’s smartest room a room that uses projection mapping, touch screens, and motion-tracking technology to deliver a mind-blowing, immersive team adventure. ....

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