Author: Procurement-Newz
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London real estate investor acquires “superbly located” logistics property for undisclosed amount
[ad_1] A London real estate investor has announced that it has acquired a strategic logistics asset for an undisclosed amount. Arrow Capital Partners, an investor and operator of real estate in Europe and Asia-Pacific, has acquired the Bolton property for its €3bn Pan European Strategic Industrial Real Estate (“SIRE”) platform. The 431,00 sq ft property…
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ISM: Manufacturing Activity Expands in August with New Orders, Production, Inventories Up
[ad_1] According to the latest manufacturing report on business report from the Institute for Supply Management, economic activity in the manufacturing sector grew in August, with the overall economy notching a fourth consecutive month of growth. “The August PMI registered 56 percent, up 1.8 percentage points from the July reading of 54.2 percent. This figure…
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Schweitzer Engineering Laboratories purchasing 150 acres near Moscow for future growth
[ad_1] Schweitzer Engineering Laboratories is purchasing 150 acres of land southwest of Moscow to accommodate future growth. Idaho-based Deesten Farms LLC is selling land on U.S. Highway 95 near CHS Primeland to Schweitzer, which is working with local officials to annex and rezone the site into Moscow from Latah County, according to a company release.…