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# INDUS Realty Trust

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## News

- [INDUS Announces Acquisition of 418,000 SF Industrial Building in Phoenix](https://indusrt.com/news/indus-announces-acquisition-of-418000-sf-industrial-building-in-phoenix/) - NEW YORK, NEW YORK (August 11, 2026) INDUS Realty Trust, Inc. (“INDUS” or the “Company”), a U.S.-based logistics real estate business, announced that it has recently completed the acquisition of a fully leased, 418,000 square foot Class A warehouse/distribution building in the Phoenix, Arizona market. The modern cross-dock building features ample loading doors and trailer parking
- [INDUS Provides Mid-Year Update on 2026 Portfolio Activity](https://indusrt.com/news/indus-provides-update-on-2026-portfolio-activity/) - [table id=52 /] NEW YORK, NEW YORK (July 15, 2026) INDUS Realty Trust, Inc. (“INDUS” or the “Company”), a U.S.-based logistics real estate business, provided a mid-year update on the Company’s acquisitions, development and leasing activity for 2026 year-to-date. INDUS owns or has majority ownership of 76 properties aggregating 15.7 million square feet. This reflects a
- [INDUS Announces Development of 2.15 Million SF Logistics Park in Nashville](https://indusrt.com/news/indus-announces-development-of-2-15-million-sf-logistics-park-in-nashville/) - INDUS Commerce Center @ 840 is Fully “Pad-Ready” to Accommodate Buildings of 250,000 SF to 1 Million SF Commencing Vertical Construction of the First Building Totaling 507,000 SF NEW YORK, NEW YORK (May 12, 2026) INDUS Realty Trust, Inc. (“INDUS” or the “Company”), a U.S.-based logistics real estate business, announced the development of INDUS Commerce
- [INDUS Acquires Majority Interest in 4.3 Million Square Foot Carolinas Portfolio from Childress Klein](https://indusrt.com/news/indus-acquires-majority-interest-in-4-3-million-square-foot-carolinas-portfolio-from-childress-klein/) - 2011 Nevada Blvd, Charlotte, NC 11903 General Drive, Charlotte, NC Portfolio valued at $575 million Recapitalizes one-third of Childress Klein’s 13.2 million square foot industrial portfolio INDUS portfolio now totals 13.6 million square feet NEW YORK, NEW YORK (December 5, 2024) - INDUS Realty Trust, Inc. ("INDUS" or the "Company"), a U.S.-based logistics real estate business,
- [INDUS Provides Update on 2025 Portfolio Activity](https://indusrt.com/news/indus-provides-update-on-2025-portfolio-activity/) - [table id=50 /] NEW YORK, NEW YORK (January 27, 2026) INDUS Realty Trust, Inc. (“INDUS” or the “Company”), a U.S.-based logistics real estate business, provided an update on the Company’s acquisitions, development and leasing activity for 2025 and 2026 year to date. INDUS owns or has majority ownership of 81 properties aggregating 15.5 million square
- [INDUS Expands its Atlanta Portfolio](https://indusrt.com/news/indus-expands-its-atlanta-portfolio/) - [table id=51 /] NEW YORK, NEW YORK (January 27, 2026) INDUS Realty Trust, Inc. (“INDUS” or the “Company”), a U.S.-based logistics real estate business announced that it has expanded its footprint in Atlanta to nearly 1.9 million square feet through recent transactions. INDUS recently completed the acquisition of a fully leased 833,000 square foot Class
- [INDUS Announces Completion of Two Rooftop Solar Energy Projects  in Windsor, Connecticut](https://indusrt.com/news/indus-announces-completion-of-two-rooftop-solar-energy-projects-in-windsor-connecticut/) - NEW YORK, NEW YORK (October 3, 2024) INDUS Realty Trust, Inc. (INDUS or the Company), a U.S.-based logistics real estate business, announced the successful completion of its first rooftop solar energy installations at two buildings within its New England Tradeport (NETP) logistics park in Windsor, Connecticut. Key Highlights: Renewable Energy Generation: The two solar arrays,
- [INDUS Announces Acquisition of 393,500 SF Logistics Building in Phoenix, Arizona](https://indusrt.com/news/indus-announces-acquisition-of-393500-sf-logistics-building-in-phoenix-arizona/) - NEW YORK, NEW YORK (November 19, 2024) INDUS Realty Trust, Inc. (“INDUS” or the “Company”), a U.S.-based logistics real estate business, announced that it recently completed the acquisition of a fully leased, multi-tenanted 393,484 square foot Class A logistics building in the Phoenix, Arizona market. Completed in 2016, the cross-dock distribution center includes market-leading
- [INDUS Announces Acquisition of 731,571 Square Foot Industrial Portfolio in Phoenix](https://indusrt.com/news/indus-announces-acquisition-of-731571-square-foot-industrial-portfolio-in-phoenix/) - NEW YORK, NEW YORK (September 9, 2025) INDUS Realty Trust, Inc. (“INDUS” or the “Company”), a U.S.-based logistics real estate business, announced that it recently completed the acquisition of a fully leased, three building, 731,571 square foot Class A warehouse/distribution portfolio in the Phoenix, Arizona market. The portfolio features market-leading attributes, including 30-foot clear heights,
- [Griffin Announces Closing on Sale of Imperial Nurseries](https://indusrt.com/news/griffin-announces-closing-on-sale-of-imperial-nurseries/) - NEW YORK, NEW YORK (January 9, 2014) - Griffin Land & Nurseries, Inc. (Nasdaq: GRIF) (“Griffin”) announced today that it has completed the disposition of the landscape nursery growing operations of Imperial Nurseries, Inc. (“Imperial”), Griffin’s subsidiary in the landscape nursery business. This transaction, with Monrovia Nursery Company (“Monrovia”), a private company grower of landscape nursery
- [Pilot Freight Services Relocates to New England Tradeport](https://indusrt.com/news/pilot-freight-services-relocates-to-new-england-tradeport/) - Bloomfield, CT - Griffin Land is pleased to announce that Pilot Freight Services has signed a long term lease for 42,240 square feet of industrial space at 40 International Drive, Bloomfield, CT. Construction of tenant improvements are underway, with delivery of the new and expanded facility targeted for early summer. Pilot is relocating their facilities from
- [Griffin Announces Closing on Mortgage Loan](https://indusrt.com/news/griffin-announces-closing-on-mortgage-loan/) - NEW YORK, NEW YORK (January 5, 2015) Griffin Land & Nurseries, Inc. (Nasdaq: GRIF) (“Griffin”) announced that a subsidiary of its real estate business, Griffin Land, LLC, closed on a $21.6 million nonrecourse mortgage loan (the “Mortgage Loan”) with First Niagara Bank (“First Niagara”). The Mortgage Loan is collateralized by two industrial buildings aggregating approximately 531,000
- [Griffin Announces Fiscal 2014 Fourth Quarter Results](https://indusrt.com/news/griffin-announces-fiscal-2014-fourth-quarter-results/) - NEW YORK, NEW YORK (February 13, 2015) Griffin Land & Nurseries, Inc. (Nasdaq: GRIF) (“Griffin”) reported 2014 fourth quarter total revenue from continuing operations of $7,720,000, income from continuing operations of $273,000 and basic and diluted income from continuing operations per share of $0.05 as compared to total revenue from continuing operations of $8,009,000, income from
- [Griffin Announces Fiscal 2015 First Quarter Results](https://indusrt.com/news/griffin-announces-fiscal-2015-first-quarter-results/) - NEW YORK, NEW YORK (April 9, 2015) Griffin Land & Nurseries, Inc. (Nasdaq: GRIF) (“Griffin”) reported fiscal 2015 first quarter (the “2015 first quarter”) total revenue of $6,233,000, a loss from continuing operations and a net loss of ($708,000) and a basic and diluted loss from continuing operations per share and a basic and diluted net
- [Griffin Announces Exercise of Tenant's Option to Purchase Farm](https://indusrt.com/news/griffin-announces-exercise-of-tenants-option-to-purchase-farm/) - NEW YORK, NEW YORK (April 23, 2015) Griffin Land & Nurseries, Inc. (Nasdaq: GRIF) (“Griffin”) announced that the landscape nursery company that leases the Quincy, Florida production nursery (the “Florida Farm”) previously used by Griffin’s wholly-owned subsidiary, Imperial Nurseries, Inc. (“Imperial”), has given notice to Imperial that it intends to exercise its option under the Lease
- [Griffin Announces New Company Name](https://indusrt.com/news/griffin-announces-new-company-name/) - NEW YORK, NEW YORK (May 13, 2015) Griffin Land & Nurseries, Inc. (Nasdaq: GRIF) (“Griffin”) announced today that its Board of Directors has approved the change of its company name to Griffin Industrial Realty, Inc. Frederick M. Danziger, Griffin’s Chairman and Chief Executive Officer stated that “the new name better identifies Griffin with its ongoing real
- [Griffin Land Announces Lease at 4270 Fritch Drive, Bethlehem, PA](https://indusrt.com/news/griffin-land-announces-lease-at-4270-fritch-drive-bethlehem-pa/) - NEW YORK, NEW YORK (December 18, 2014) Griffin Land & Nurseries, Inc. (Nasdaq: GRIF) (“Griffin”) announced today that its real estate business, Griffin Land, LLC, signed a five-year lease for approximately 196,000 square feet of its approximately 280,000 square foot warehouse facility currently under construction in the Lehigh Valley of Pennsylvania. This new warehouse facility is
- [Griffin Announces Fiscal 2015 Second Quarter Results](https://indusrt.com/news/griffin-announces-fiscal-2015-second-quarter-results/) - NEW YORK, NEW YORK (July 10, 2015) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) reported total revenue for the fiscal 2015 second quarter (the “2015 second quarter”) of $6,196,000 as compared to total revenue for the fiscal 2014 second quarter (the “2014 second quarter”) of $5,341,000. Griffin reported total revenue for the 2015 six month period
- [Griffin Announces Closing on Mortgage Loan (7/30/15)](https://indusrt.com/news/griffin-announces-closing-on-mortgage-loan-7-30-15/) - NEW YORK, NEW YORK (July 30, 2015) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) announced that a subsidiary of Griffin closed on an $18.0 million nonrecourse mortgage loan (the “Mortgage Loan”) with 40|86 Mortgage Capital, Inc. The Mortgage Loan is collateralized by three industrial buildings aggregating approximately 392,000 square feet in New England Tradeport (“Tradeport”), Griffin’s
- [Griffin Announces Termination of Tenant's Option to Purchase Farm](https://indusrt.com/news/griffin-announces-termination-of-tenants-option-to-purchase-farm/) - NEW YORK, NEW YORK (September 1, 2015) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) announced that the landscape nursery company tenant that, earlier this year, notified Griffin’s wholly-owned subsidiary, Imperial Nurseries, Inc. (“Imperial”), that it was exercising its option under the lease of Imperial’s Quincy, Florida production nursery (the “Florida Farm”) to purchase the Florida Farm,
- [Griffin Announces Closing on Mortgage Loan](https://indusrt.com/news/griffin-announces-closing-on-mortgage-loan-2/) - NEW YORK, NEW YORK (September 2, 2015) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) announced that a subsidiary of Griffin closed on a $14.1 million nonrecourse mortgage loan (the “Mortgage Loan”) with Webster Bank. The Mortgage Loan is collateralized by the newly constructed approximately 280,000 square foot industrial building at 5220 Jaindl Boulevard in Hanover Township
- [Griffin Announces Fiscal 2015 Third Quarter Results](https://indusrt.com/news/griffin-announces-fiscal-2015-third-quarter-results/) - NEW YORK, NEW YORK (October 9, 2015) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) reported total revenue for the fiscal 2015 third quarter (the “2015 third quarter”) of $8,184,000 as compared to total revenue for the fiscal 2014 third quarter (the “2014 third quarter”) of $6,099,000. Griffin reported total revenue for the 2015 nine month period
- [Griffin Announces Annual Dividend](https://indusrt.com/news/griffin-announces-annual-dividend/) - NEW YORK, NEW YORK (November 18, 2015) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) announced today that its Board of Directors has declared an annual cash dividend of $0.30 per share on the Company’s common stock. The dividend is payable on December 9, 2015 to stockholders of record at the close of business on December 2, 2015.
- [Griffin Announces Fiscal 2015 Fourth Quarter Leasing](https://indusrt.com/news/griffin-announces-fiscal-2015-fourth-quarter-leasing/) - NEW YORK, NEW YORK (December 16, 2015) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) announced that in the fiscal 2015 fourth quarter, the tenant that is leasing approximately 196,000 square feet of the approximately 280,000 square foot industrial building at 5220 Jaindl Boulevard in Hanover Township in the Lehigh Valley of Pennsylvania (“5220 Jaindl Boulevard”) exercised its
- [Griffin Announces Changes in Management & Board of Directors](https://indusrt.com/news/griffin-announces-changes-in-management-board-of-directors/) - NEW YORK, NEW YORK (January 20, 2016) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) reported that its Board of Directors has implemented the previously announced executive succession plan, pursuant to which Michael S. Gamzon has been appointed to the positions of President and Chief Executive Officer effective January 1, 2016, succeeding Frederick Michael Danziger, who had been Chief
- [Griffin Announces Fiscal 2015 Fourth Quarter Results](https://indusrt.com/news/griffin-announces-fiscal-2015-fourth-quarter-results/) - NEW YORK, NEW YORK (February 12, 2016) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) reported total revenue for the fiscal 2015 fourth quarter (the “2015 fourth quarter”) of $7,475,000 as compared to total revenue for the fiscal 2014 fourth quarter (the “2014 fourth quarter”) of $7,720,000. The decrease in total revenue in the 2015 fourth quarter
- [Griffin Announces Fiscal 2016 First Quarter Leasing](https://indusrt.com/news/griffin-announces-fiscal-2016-first-quarter-leasing/) - NEW YORK, NEW YORK (March 9, 2016) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced that in the fiscal 2016 first quarter, Griffin leased approximately 132,000 square feet of industrial/warehouse space, including the previously announced lease of approximately 102,000 square feet in 4270 Fritch Drive (“4270 Fritch Drive”), one of Griffin’s industrial/warehouse buildings in the Lehigh
- [Griffin Announces Stock Repurchase Program](https://indusrt.com/news/griffin-announces-stock-repurchase-program/) - NEW YORK, NEW YORK (April 1, 2016) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced today that its Board of Directors has authorized a program under which the Company may repurchase up to $5,000,000 of its outstanding common stock from time to time in privately negotiated transactions. Purchases under the stock repurchase program are expected to begin
- [Griffin Announces Fiscal 2016 First Quarter Results](https://indusrt.com/news/griffin-announces-fiscal-2016-first-quarter-results/) - NEW YORK, NEW YORK (April 8, 2016) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) reported rental revenue and total revenue for the three months ended February 29, 2016 (the “2016 first quarter”) of $6,682,000, as compared to rental revenue of $5,407,000, revenue from property sales of $826,000 and total revenue of $6,233,000 for the three months
- [Griffin Announces Closing on Mortgage Loan & Extension of LOC](https://indusrt.com/news/griffin-announces-closing-on-mortgage-loan-extension-of-loc/) - NEW YORK, NEW YORK (April 27, 2016) Griffin Industrial Realty, Inc. (NASDAQ: GRIF)(“Griffin”) announced that it closed on a $14.35 million nonrecourse mortgage loan (the “Mortgage Loan”) with People’s United Bank (“People’s United”). The Mortgage Loan is collateralized by five industrial/warehouse buildings aggregating approximately 338,000 square feet in New England Tradeport (“NE Tradeport”), Griffin’s industrial park
- [Griffin Announces Fiscal 2016 Second Quarter Leasing](https://indusrt.com/news/griffin-announces-fiscal-2016-second-quarter-leasing/) - NEW YORK, NEW YORK (June 6, 2016) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced that in the fiscal 2016 second quarter, Griffin leased approximately 16,000 square feet of previously vacant office space and extended, for an additional two years, a lease of approximately 127,000 square feet of industrial/warehouse space that was scheduled to expire in
- [Griffin Announces Fiscal 2016 Second Quarter Results](https://indusrt.com/news/griffin-announces-fiscal-2016-second-quarter-results/) - NEW YORK, NEW YORK (July 8, 2016) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) reported total revenue for the three months ended May 31, 2016 (the “2016 second quarter”) of $6,524,000, as compared to total revenue of $6,196,000 for the three months ended May 31, 2015 (the “2015 second quarter”) and total revenue for the six
- [Griffin Announces Extension of Credit Line](https://indusrt.com/news/griffin-announces-extension-of-credit-line/) - NEW YORK, NEW YORK (July 25, 2016) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced today that it has entered into an amendment (the “Amendment”) to its revolving credit line (the “Webster Credit Line”) with Webster Bank, N.A. that extends the Webster Credit Line for two years through July 31, 2018. The Amendment increases the amount
- [Griffin Announces Fiscal 2016 Third Quarter Leasing](https://indusrt.com/news/griffin-announces-fiscal-2016-third-quarter-leasing/) - NEW YORK, NEW YORK (September 20, 2016) Griffin Industrial Realty, Inc.(NASDAQ: GRIF) (“Griffin”) announced that in its fiscal 2016 third quarter, it had a net increase of approximately 127,000 square feet in space leased, renewed a lease of approximately 50,000 square feet and leased its Quincy, Florida production nursery (the “Florida Farm”). The net increase in
- [Griffin Announces Fiscal 2016 Third Quarter Results](https://indusrt.com/news/griffin-announces-fiscal-2016-third-quarter-results/) - NEW YORK, NEW YORK (October 7, 2016) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) reported total revenue for the three months ended August 31, 2016 (the “2016 third quarter”) of $7,265,000, as compared to total revenue of $8,184,000 for the three months ended August 31, 2015 (the “2015 third quarter”) and total revenue for the nine
- [Griffin Announces Annual Dividend (11/16/16)](https://indusrt.com/news/griffin-announces-annual-dividend-11-16-16/) - NEW YORK, NEW YORK (November 16, 2016) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced today that its Board of Directors has declared an annual cash dividend of $0.30 per share on the Company’s common stock. The dividend is payable on December 8, 2016 to stockholders of record at the close of business on December 1,
- [Griffin Announces Fiscal 4th Quarter Leasing](https://indusrt.com/news/griffin-announces-fiscal-4th-quarter-leasing/) - NEW YORK, NEW YORK (December 8, 2016) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced that in its fiscal 2016 fourth quarter, it had a net increase of approximately 173,000 square feet in space leased and renewed three leases aggregating approximately 51,000 square feet. The net increase in space leased includes a five year lease for
- [Griffin Announces Fiscal 2017 1st Quarter Leasing](https://indusrt.com/news/griffin-announces-fiscal-2017-1st-quarter-leasing/) - NEW YORK, NEW YORK (March 8, 2017) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced that in its fiscal 2017 first quarter, it entered into two leases aggregating approximately 104,000 square feet of its industrial/warehouse space in New England Tradeport (“NE Tradeport”), Griffin’s industrial park in Windsor and East Granby, Connecticut. The lease terms for these
- [Griffin Announces Closing on Land Sale](https://indusrt.com/news/griffin-announces-closing-on-land-sale/) - NEW YORK, NEW YORK (May 1, 2017) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) today announced that it closed on the previously announced sale of approximately 67 acres of undeveloped land for approximately $10.25 million in cash, before transaction costs. The land sold is in Bloomfield, Connecticut and is located in Phoenix Crossing, an approximately 268
- [Griffin Announces Closing on Building Acquisition](https://indusrt.com/news/griffin-announces-closing-on-building-acquisition/) - NEW YORK, NEW YORK (June 12, 2017) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) today announced that it closed on the acquisition (the “Acquisition”) of an approximately 277,000 square foot industrial/warehouse building (the “Building”) in Concord, North Carolina, located in the greater Charlotte area. The Building was constructed in 2015 and is 74% leased. The Building’s
- [Griffin Announces Fiscal 2nd Quarter Leasing](https://indusrt.com/news/griffin-announces-fiscal-2nd-quarter-leasing/) - NEW YORK, NEW YORK (June 14, 2017) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced that in its fiscal 2017 second quarter, it renewed and extended two leases aggregating approximately 15,000 square feet while a lease of approximately 12,000 square feet expired and was not renewed. In the first half of fiscal 2017, Griffin leased approximately
- [Griffin Announces Fiscal 2017 Second Quarter Results](https://indusrt.com/news/griffin-announces-fiscal-2017-second-quarter-results/) - NEW YORK, NEW YORK (July 7, 2017) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) reported total revenue for the three months ended May 31, 2017 (the “2017 second quarter”) of $18,087,000, as compared to total revenue of $6,524,000 for the three months ended May 31, 2016 (the “2016 second quarter”) and total revenue for the six
- [Griffin Announces Mortgage Loan Refinancing](https://indusrt.com/news/griffin-announces-mortgage-loan-refinancing/) - NEW YORK, NEW YORK (July 17, 2017) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced that one of its subsidiaries closed on the refinancing of its nonrecourse mortgage loan (the “Existing Loan”) with Berkshire Bank (“Berkshire”) that was collateralized by 100 International Drive (“100 International”), an approximately 304,000 square foot industrial/warehouse building in New England Tradeport,
- [Griffin Announces Closing on Land Sale](https://indusrt.com/news/griffin-announces-closing-on-land-sale-8-07-17/) - NEW YORK, NEW YORK (August 7, 2017) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) today announced that it closed on the sale of approximately 76 acres of undeveloped land in Southwick, Massachusetts for approximately $2.1 million in cash, before transaction costs. The purchaser is a regional utility company that has indicated that it intends to install
- [Griffin Announces 2017 Third Quarter Leasing](https://indusrt.com/news/griffin-announces-2017-third-quarter-leasing/) - NEW YORK, NEW YORK (September 13, 2017) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced that in its fiscal 2017 third quarter, it entered into one new lease of approximately 73,000 square feet and renewed and extended three leases aggregating approximately 347,000 square feet. The new lease was for an expansion of an existing tenant in
- [Griffin Announces Mortgage Loan Refinancing](https://indusrt.com/news/griffin-announces-mortgage-loan-refinancing-9-25-17/) - NEW YORK, NEW YORK (September 25, 2017) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced that two of its subsidiaries closed on the refinancing of a nonrecourse mortgage loan (the “Existing Loan”) with Webster Bank (“Webster”) that was collateralized by 5 and 7 Waterside Crossing, two multi-story office buildings aggregating approximately 161,000 square feet in Griffin
- [Griffin Announces Closing on Mortgage Loan (11/21/16)](https://indusrt.com/news/griffin-announces-closing-on-mortgage-loan-11-21-16/) - NEW YORK, NEW YORK (November 21, 2016) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced that two of its subsidiaries closed on an approximately $26.7 million nonrecourse mortgage loan (the “Mortgage Loan”) with Webster Bank, N.A. (“Webster Bank”). The Mortgage Loan is collateralized by two fully leased industrial buildings aggregating approximately 532,000 square feet in
- [Griffin Announces Agreement for Land Sale](https://indusrt.com/news/griffin-announces-agreement-for-land-sale/) - NEW YORK, NEW YORK (December 28, 2016) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) today announced that it entered into a real estate sales contract (the “Sales Contract”) for the sale of approximately 67 acres of undeveloped land for approximately $10.25 million in cash, before transaction costs. The land to be sold is in Bloomfield, Connecticut
- [Griffin Announces Fiscal 2016 Fourth Quarter & Fiscal 2016 Full Year](https://indusrt.com/news/griffin-announces-fiscal-2016-fourth-quarter-fiscal-2016-full-year/) - NEW YORK, NEW YORK (February 10, 2017) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) reported total revenue for the fiscal 2016 full year (“fiscal 2016”) of $30,851,000 as compared to total revenue for the fiscal 2015 full year (“fiscal 2015”) of $28,088,000. Rental revenue in fiscal 2016 was $26,487,000 as compared to $24,605,000 in fiscal 2015
- [Griffin Announces Closing on Mortgage Loan (3/16/17)](https://indusrt.com/news/griffin-announces-closing-on-mortgage-loan-3-16-17/) - NEW YORK, NEW YORK (March 16, 2017) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced that one of its subsidiaries closed on a $12.0 million nonrecourse mortgage loan (the “Mortgage Loan”) with People’s United Bank, N.A. (“People’s Bank”). The Mortgage Loan is collateralized by two fully leased industrial/warehouse buildings aggregating approximately 275,000 square feet in New
- [Griffin Announces Fiscal 2017 First Quarter Results](https://indusrt.com/news/griffin-announces-fiscal-2017-first-quarter-results/) - NEW YORK, NEW YORK (April 7, 2017) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) reported rental revenue and total revenue for the three months ended February 28, 2017 (the “2017 first quarter”) of $6,979,000, as compared to $6,682,000 for the three months ended February 29, 2016 (the “2016 first quarter”). There was no revenue from property
- [Griffin Announces Agreement for Building Acquisition](https://indusrt.com/news/griffin-announces-agreement-for-building-acquisition/) - NEW YORK, NEW YORK (May 23, 2017) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) today announced that it entered into a purchase and sale agreement for the acquisition (the “Acquisition”) of an approximately 277,000 square foot industrial/warehouse building (the “Building”) in Concord, North Carolina, located in the greater Charlotte area. Under the purchase and sale agreement,
- [Griffin Announces Closing on Land Purchase (8/25/17)](https://indusrt.com/news/griffin-announces-closing-on-land-purchase-8-25-17/) - NEW YORK, NEW YORK (August 25, 2017) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) today announced that it closed on the purchase of an approximately 14 acre parcel of undeveloped land (the “Land”) in Upper Macungie Township, Lehigh County, Pennsylvania for the planned development of an industrial/warehouse building. Griffin paid approximately $1.8 million for the Land
- [Griffin Announces Closing on Mortgage Loan (8/31/17)](https://indusrt.com/news/griffin-announces-closing-on-mortgage-loan-8-31-17/) - NEW YORK, NEW YORK (August 31, 2017) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced that one of its subsidiaries closed on a $12.15 million nonrecourse mortgage loan (the “Mortgage Loan”) with 40|86 Mortgage Capital, Inc. The Mortgage Loan has a fixed interest rate of 3.97% and a ten year term with principal payments based on
- [Griffin Announces Agreement for the Purchase of Undeveloped Land in NC](https://indusrt.com/news/griffin-announces-agreement-for-the-purchase-of-undeveloped-land-in-nc/) - NEW YORK, NEW YORK (October 6, 2017) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) today announced that it has entered into an agreement for the purchase of an approximately 22 acre parcel of undeveloped land (the “Land”) in Concord, North Carolina for $2.6 million in cash, before closing costs. If the transaction closes, Griffin plans to
- [Griffin Announces Fiscal 2017 Third Quarter Results](https://indusrt.com/news/griffin-announces-fiscal-2017-third-quarter-results/) - NEW YORK, NEW YORK (October 10, 2017) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) reported total revenue for the three months ended August 31, 2017 (the “2017 third quarter”) of $9,954,000, as compared to total revenue of $7,265,000 for the three months ended August 31, 2016 (the “2016 third quarter”) and total revenue for the nine
- [Griffin Announces Lease Agreement](https://indusrt.com/news/griffin-announces-lease-agreement/) - NEW YORK, NEW YORK (October 23, 2017) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) today announced that it entered into a full building lease (the “Lease”) for an approximately 234,000 square foot industrial/warehouse building (the “Building”) to be built in New England Tradeport, Griffin’s industrial park in Windsor and East Granby, Connecticut. The tenant is an
- [Griffin Announces 2017 Annual Dividend](https://indusrt.com/news/griffin-announces-2017-annual-dividend/) - NEW YORK, NEW YORK (November 15, 2017) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced today that its Board of Directors has declared an annual cash dividend of $0.40 per share on Griffin’s common stock, representing an increase of $0.10 per share from the annual cash dividend paid in December 2016. The dividend is payable on
- [Griffin Announces Mortgage Loan Refinancing](https://indusrt.com/news/griffin-announces-mortgage-loan-refinancing-1-31-18/) - Refinancing includes addition of newly completed building and provides $7 million in additional loan proceeds. NEW YORK, NEW YORK (January 31, 2018) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced that one of its subsidiaries closed on the refinancing of a nonrecourse mortgage loan (the “Existing Loan”) with People’s United Bank, N.A. (“People’s Bank”) that provides
- [Griffin Announces Closing on Construction to Permanent Mortgage Loan](https://indusrt.com/news/griffin-announces-closing-on-construction-to-permanent-mortgage-loan/) - NEW YORK, NEW YORK (April 2, 2018) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) announced that one of its subsidiaries closed on a construction to permanent mortgage loan (the “Loan”) with State Farm Life Insurance Company that will provide up to $13.8 million to finance a significant portion of the cost to construct an approximately 234,000
- [Griffin Announces Fiscal 2017 4th Quarter Leasing](https://indusrt.com/news/griffin-announces-fiscal-2017-4th-quarter-leasing/) - NEW YORK, NEW YORK (December 11, 2017) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced that in its fiscal 2017 fourth quarter, it entered into the following leasing transactions in New England Tradeport (“NE Tradeport”), Griffin’s industrial park in Windsor and East Granby, Connecticut: (i) a previously announced build-to-suit lease (the “BTS Lease”) for an approximately
- [Griffin Announces Fiscal 2017 4Q & 2017 Full Year Results](https://indusrt.com/news/griffin-announces-fiscal-2017-4q-2017-full-year-results/) - NEW YORK, NEW YORK (February 8, 2018) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) reported total revenue for the fiscal 2017 full year (“fiscal 2017”) of $43,884,000, as compared to total revenue for the fiscal 2016 full year (“fiscal 2016”) of $30,851,000. Rental revenue in fiscal 2017 was $29,939,000, as compared to $26,487,000 in fiscal 2016,
- [Griffin Announces Fiscal 2018 1st Quarter Leasing](https://indusrt.com/news/griffin-announces-fiscal-2018-1st-quarter-leasing/) - NEW YORK, NEW YORK (March 7, 2018) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) announced that in its fiscal 2018 first quarter that ended February 28, 2018, it entered into a lease of approximately 11,000 square feet of previously vacant office/flex space in Griffin Center South in Bloomfield, Connecticut. There were no occupancy changes in Griffin’s
- [Griffin Announces Fiscal 2018 1st Quarter Results](https://indusrt.com/news/griffin-announces-fiscal-2018-1st-quarter-results/) - NEW YORK, NEW YORK (April 9, 2018) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) reported total revenue of $8,305,000 for the three months ended February 28, 2018 (the “2018 first quarter”) as compared to $6,979,000 for the three months ended February 28, 2017 (the “2017 first quarter”). Rental revenue was $8,180,000 and revenue from property sales
- [Griffin Announces Filing of A Universal Shelf Registration Statement](https://indusrt.com/news/griffin-announces-filing-of-a-universal-shelf-registration-statement/) - NEW YORK, NEW YORK (April 11, 2018) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) announced today that it has filed a universal shelf registration statement on Form S-3 (the “Universal Shelf”) with the Securities and Exchange Commission (the “SEC”). Under the Universal Shelf, once it is declared effective by the SEC, Griffin may offer and sell
- [Griffin Announces At-The-Market Offering Program](https://indusrt.com/news/griffin-announces-at-the-market-offering-program/) - NEW YORK, NEW YORK (May 10, 2018) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) announced today that it has filed a prospectus supplement under which it may issue and sell, from time to time, up to an aggregate of $30 million of its common stock (“Common Stock”) under an “at-the-market” equity offering program (the “ATM Program”)
- [Griffin Announces Fiscal 2018 Second Quarter Leasing](https://indusrt.com/news/griffin-announces-fiscal-2018-second-quarter-leasing/) - NEW YORK, NEW YORK (June 12, 2018) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) announced that it did not enter into any new leases in the three months ended May 31, 2018 (the “2018 second quarter”). The only occupancy change in the 2018 second quarter was the previously reported approximately 48,000 square foot reduction of a
- [Griffin Announces Fiscal 2018 Second Quarter Results](https://indusrt.com/news/griffin-announces-fiscal-2018-second-quarter-results/) - NEW YORK, NEW YORK (July 10, 2018) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) reported total revenue of $9,091,000 and $17,396,000 for the three months ended May 31, 2018 (the “2018 second quarter”) and six months ended May 31, 2018 (the “2018 six month period”), respectively, as compared to $18,087,000 and $25,066,000 for the three months
- [Griffin Announces Closing on Land Purchase](https://indusrt.com/news/griffin-announces-closing-on-land-purchase/) - NEW YORK, NEW YORK (July 20, 2018) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) today announced that it closed on the purchase of an approximately 22 acre parcel of undeveloped land (the “Land”) in Concord, North Carolina, located in the greater Charlotte area. Griffin paid cash of approximately $2.6 million for the Land using approximately $0.8 million
- [Griffin Announces Fiscal 2018 3rd Quarter Leasing](https://indusrt.com/news/griffin-announces-fiscal-2018-3rd-quarter-leasing/) - NEW YORK, NEW YORK (September 11, 2018) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) announced that in the three months ended August 31, 2018 (the “2018 third quarter”) it extended, for three years, an approximately 228,000 square foot full building lease of one of its industrial/warehouse facilities in the Lehigh Valley of Pennsylvania that was scheduled
- [Griffin Announces Fiscal 2018 Third Quarter Results](https://indusrt.com/news/griffin-announces-fiscal-2018-third-quarter-results/) - NEW YORK, NEW YORK (October 9, 2018) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) reported total revenue of $8,001,000 and $25,397,000 for the three months ended August 31, 2018 (the “2018 third quarter”) and nine months ended August 31, 2018 (the “2018 nine month period”), respectively, as compared to $9,954,000 and $35,020,000 for the three months
- [Griffin Breaks Ground on Two Industrial Buildings in Concord, NC](https://indusrt.com/news/griffin-breaks-ground-on-two-industrial-buildings-in-concord-nc/) - “Carolina Tradeport” Expanding to Fill Market Void of Light Industrial Product CONCORD, N.C. – Nov. 6, 2018 – Griffin Industrial Realty, Inc. (“Griffin” or the “Company”), an owner, operator, and developer of industrial and commercial real estate, held a groundbreaking ceremony with the Cabarrus Regional Chamber of Commerce, Cabarrus Economic Development, Cabarrus County and City of Concord,
- [Griffin Announces Fiscal 2018 4th Quarter Leasing](https://indusrt.com/news/griffin-announces-fiscal-2018-4th-quarter-leasing/) - NEW YORK, NEW YORK (December 4, 2018) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) announced that in the three months ended November 30, 2018 (the “2018 fourth quarter”) it leased approximately 75,000 square feet of industrial/warehouse space and renewed leases of approximately 149,000 square feet of industrial/warehouse space. The new leases included an approximate 63,000 square
- [Griffin Announces 2018 Annual Dividend](https://indusrt.com/news/griffin-announces-2018-annual-dividend/) - NEW YORK, NEW YORK (November 15, 2018) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced today that its Board of Directors has declared an annual cash dividend of $0.45 per share on Griffin’s common stock, representing an increase of $0.05 per share from the annual cash dividend paid in December 2017. The dividend is payable on
- [Griffin Announces Fiscal 2018 4th Quarter & Fiscal Full Year Results](https://indusrt.com/news/griffin-announces-fiscal-2018-4th-quarter-fiscal-full-year-results/) - NEW YORK, NEW YORK (February 12, 2019) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) reported total revenue of $8,403,000 and $33,800,000 for the three months ended November 30, 2018 (the “2018 fourth quarter”) and the fiscal year ended November 30, 2018 (“fiscal 2018”), respectively, as compared to $8,864,000 and $43,884,000 for the three months ended November
- [Griffin Announces Fiscal 2019 1st Quarter Leasing](https://indusrt.com/news/griffin-announces-fiscal-2019-1st-quarter-leasing/) - NEW YORK, NEW YORK (March 12, 2019) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) announced that it leased approximately 7,000 square feet of previously vacant office/flex space in the three months ended February 28, 2019 (the “2019 first quarter”). As of February 28, 2019, Griffin’s twenty-five industrial/warehouse buildings aggregating approximately 3,645,000 square feet (89% of Griffin’s total portfolio)
- [Griffin Announces Fiscal 2019 1st Quarter Results](https://indusrt.com/news/griffin-announces-fiscal-2019-1st-quarter-results/) - NEW YORK, NEW YORK (April 8, 2019) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) reported total revenue of $9,303,000 for the three months ended February 28, 2019 (the “2019 first quarter”) as compared to $8,305,000 for the three months ended February 28, 2018 (the “2018 first quarter”). Rental revenue was $8,437,000 and revenue from property sales
- [Griffin Announces Closing on Land Sale](https://indusrt.com/news/griffin-announces-closing-on-land-sale-2/) - NEW YORK, NEW YORK (May 6, 2019) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) today announced that it closed on the previously announced sale of approximately 280 acres of undeveloped land in Simsbury, Connecticut for approximately $7.7 million in cash, before transaction costs. The buyer plans to use the land to generate solar electricity. At closing,
- [Griffin Announces Fiscal 2019 2nd Quarter Leasing](https://indusrt.com/news/griffin-announces-fiscal-2019-2nd-quarter-leasing/) - NEW YORK, NEW YORK (June 6, 2019) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) announced that in the three months ended May 31, 2019 (the “2019 second quarter”) a tenant that leased approximately 34,000 square feet in Griffin’s two multi-story office buildings in Griffin Center in Windsor, Connecticut under leases scheduled to expire on July 31,
- [Griffin Announces Fiscal 2019 Second Quarter Results](https://indusrt.com/news/griffin-announces-fiscal-2019-second-quarter-results/) - NEW YORK, NEW YORK (July 9, 2019) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) reported total revenue of $17,081,000 and $26,384,000 for the three months ended May 31, 2019 (the “2019 second quarter”) and six months ended May 31, 2019 (the “2019 six month period”), respectively, as compared to $9,091,000 and $17,396,000 for the three months
- [Griffin Announces Closing on Land Purchase](https://indusrt.com/news/griffin-announces-closing-on-land-purchase-2/) - NEW YORK, NEW YORK (July 22, 2019) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) today announced that it closed on the purchases of two adjoining parcels of undeveloped land aggregating approximately 44 acres (the “Mecklenburg Land”) in Mecklenburg County, North Carolina, located in the greater Charlotte area. Griffin paid cash of approximately $5.6 million for the Mecklenburg
- [Griffin Announces Fiscal 2019 Third Quarter Leasing](https://indusrt.com/news/griffin-announces-fiscal-2019-third-quarter-leasing/) - NEW YORK, NEW YORK (September 16, 2019) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) announced that in the three months ended August 31, 2019 (the “2019 third quarter”) it executed two new leases totaling approximately 87,000 square feet of previously vacant industrial/warehouse space and extended several leases with existing tenants totaling approximately 120,000 square feet of
- [Griffin Announces New Credit Lines](https://indusrt.com/news/griffin-announces-new-credit-lines/) - NEW YORK, NEW YORK (September 24, 2019) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced today that it entered into a new $15.0 million line of credit (the “Acquisition Credit Line”) with Webster Bank, N.A. (“Webster Bank”) to provide financing for real estate acquisitions. The Acquisition Credit Line is unsecured, expires on September 30, 2021, and may
- [Griffin Announces Fiscal 2019 Third Quarter Results](https://indusrt.com/news/griffin-announces-fiscal-2019-third-quarter-results/) - NEW YORK, NEW YORK (October 9, 2019) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) reported total revenue for the three months ended August 31, 2019 (the “2019 third quarter”) of $8,902,000, as compared to total revenue of $8,001,000 for the three months ended August 31, 2018 (the “2018 third quarter”) and total revenue for the nine
- [Griffin Announces Agreement for Building Acquisition](https://indusrt.com/news/griffin-announces-agreement-for-building-acquisition-2/) - NEW YORK, NEW YORK (October 9, 2019) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced that it recently entered into a purchase and sale agreement for an acquisition (the “Acquisition”) of an approximately 100,000 square foot fully leased industrial/warehouse building in Orlando, Florida (the “Orlando Building”). This Acquisition would be Griffin’s first property in the Orlando
- [Griffin Announces Closing on Land Purchase](https://indusrt.com/news/griffin-announces-closing-on-land-purchase-3/) - NEW YORK, NEW YORK (October 28, 2019) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) today announced that it closed on the purchase of an approximately 14 acre parcel of undeveloped land in the Lehigh Valley of Pennsylvania (the “Lehigh Valley Land”). Griffin paid cash of $1.85 million for the Lehigh Valley Land using a portion
- [Griffin Announces Closing on Building Acquisition](https://indusrt.com/news/griffin-announces-closing-on-building-acquisition-2/) - NEW YORK, NEW YORK (October 29, 2019) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced that it closed on the acquisition (the “Acquisition”) of an approximately 100,000 square foot fully leased industrial/warehouse building in Orlando, Florida (the “Orlando Building”), Griffin’s first property in the Orlando area. Griffin financed the Acquisition using its new line of
- [Griffin Announces 2019 Annual Dividend](https://indusrt.com/news/griffin-announces-2019-annual-dividend/) - NEW YORK, NEW YORK (November 21, 2019) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced today that its Board of Directors has declared an annual cash dividend of $0.50 per share on Griffin’s common stock, representing an increase of $0.05 per share from the annual cash dividend paid in December 2018. The dividend is payable
- [Griffin Announces Fiscal 2019 Fourth Quarter Leasing](https://indusrt.com/news/griffin-announces-fiscal-2019-fourth-quarter-leasing/) - NEW YORK, NEW YORK (December 9, 2019) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) announced that in the three months ended November 30, 2019 (the “2019 fourth quarter”) it executed two new leases totaling approximately 105,000 square feet of industrial/warehouse space (including the previously disclosed approximately 74,000 square foot lease) and extended a lease for approximately
- [Griffin Announces Closing on $6.5 Million Mortgage Loan](https://indusrt.com/news/griffin-announces-closing-on-6-5-million-mortgage-loan/) - NEW YORK, NEW YORK (December 23, 2019) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced that Riverbend Orlando Holdings I, LLC and Riverbend Orlando Holdings II, LLC (collectively, the “Borrowers”), each wholly owned subsidiaries of Griffin, entered into a $6.5 million nonrecourse mortgage loan (the “Mortgage Loan”) on the approximately 100,000 square foot fully-leased industrial/warehouse building in
- [Griffin Announces Agreements for 2 Building Acquisitions](https://indusrt.com/news/griffin-announces-agreements-for-2-building-acquisitions/) - NEW YORK, NEW YORK (January 21, 2020) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced that it recently entered into two separate purchase and sale agreements with different sellers to acquire industrial/warehouse buildings of approximately 108,000 square feet and approximately 68,000 square feet, respectively, in Orlando, Florida. The larger of the two buildings is fully leased,
- [Griffin Announces Closing on Mortgage Loan](https://indusrt.com/news/griffin-announces-closing-on-mortgage-loan-3/) - NEW YORK, NEW YORK (January 28, 2020) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced that Riverbend Upper Macungie Properties I LLC and Riverbend Crossings III Holdings LLC (collectively, the “Borrowers”), each wholly owned subsidiaries of Griffin, entered into a promissory note (the “Promissory Note”) providing for a $15.0 million loan (the “Mortgage Loan”), secured by
- [Griffin Announces Fiscal 2019 4th Quarter Fiscal Full Year Results](https://indusrt.com/news/griffin-announces-fiscal-2019-4th-quarter-fiscal-full-year-results/) - NEW YORK, NEW YORK (February 13, 2020) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) reported total revenue of $8,759,000 and $44,045,000 for the three months ended November 30, 2019 (the “2019 fourth quarter”) and the fiscal year ended November 30, 2019 (“fiscal 2019”), respectively, as compared to $8,403,000 and $33,800,000 for the three months ended November
- [Griffin Announces Closing on Building Acquisition](https://indusrt.com/news/griffin-announces-closing-on-building-acquisition-3/) - NEW YORK, NEW YORK (February 21, 2020) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced that it closed on the acquisition (the “Acquisition”) of an approximately 108,000 square foot fully leased industrial/warehouse building (the “Building”) in Orlando, Florida, Griffin’s second industrial/warehouse property in Orlando. The Building’s approximately $7.9 million purchase price was paid in cash at
- [Griffin Announces Business Updates](https://indusrt.com/news/griffin-announces-business-updates/) - Griffin Intends to convert to a REIT Gordon DuGan to join Griffin as Chairman of the Board; Molly North appointed a Director Company plans to sell its multi-story office buildings NEW YORK, NEW YORK (March 4, 2020) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin” or the “Company”) announced today that its Board of Directors has approved
- [Griffin Appoints New Chairman and Additional Director](https://indusrt.com/news/griffin-appoints-new-chairman-and-additional-director/) - Gordon DuGan to join Griffin as Chairman of the Board Molly North appointed a Director NEW YORK, NEW YORK (March 4, 2020) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin” or the “Company”) has appointed Gordon F. DuGan as a Director and Non-executive Chairman of its Board of Directors and Molly North as Director effective March 3,
- [Griffin Board Approves Plan to Pursue Conversion to a REIT](https://indusrt.com/news/griffin-board-approves-plan-to-pursue-conversion-to-a-reit/) - NEW YORK, NEW YORK (March 4, 2020) Griffin Industrial Realty, Inc.’s (Nasdaq: GRIF) (“Griffin” or the “Company”) Board of Directors has unanimously approved a plan for the Company to pursue conversion to a Real Estate Investment Trust (“REIT”). This decision is based on the Board’s and management’s consideration of ways to maximize stockholder value and generate
- [Griffin Announces Fiscal 2020 First Quarter Leasing](https://indusrt.com/news/griffin-announces-fiscal-2020-first-quarter-leasing/) - NEW YORK, NEW YORK (March 17, 2020) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) announced that in the three months ended February 29, 2020 (the “2020 first quarter”) it executed three new leases totaling approximately 115,000 square feet, reflecting approximately 108,000 square feet of industrial/warehouse space and approximately 7,000 square feet for the restaurant building in
- [Griffin Announces Fiscal 2020 First Quarter Results](https://indusrt.com/news/griffin-announces-fiscal-2020-first-quarter-results/) - NEW YORK, NEW YORK (April 9, 2020) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) reported total revenue of $9,664,000 for the three months ended February 29, 2020 (the “2020 first quarter”) as compared to $9,303,000 for the three months ended February 28, 2019 (the “2019 first quarter”). Rental revenue was $8,914,000 and revenue from property
- [Griffin's 2020 Annual Meeting of Stockholders](https://indusrt.com/news/griffins-2020-annual-meeting-of-stockholders/) - NEW YORK, NEW YORK (May 7, 2020) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin” or the “Company”) will hold its 2020 Annual Meeting of Stockholders today as a virtual meeting that will be conducted via a live webcast (www.virtualshareholdermeeting.com/GRIF2020). Gordon F. Dugan, Chairman of Griffin’s Board of Directors, Michael S. Gamzon, Griffin’s President and Chief
- [Griffin Announces Fiscal 2020 2nd Quarter Leasing & Updates](https://indusrt.com/news/griffin-announces-fiscal-2020-2nd-quarter-leasing-updates/) - NEW YORK, NEW YORK (June 16, 2020) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) announced the following updates on leasing and the impact of the COVID-19 pandemic on rent collections: Leasing Griffin reported the following for its industrial/warehouse portfolio for the three months ended May 31, 2020 (the “2020 second quarter”): Number of Leases Square Feet
- [Griffin Schedules Webcast to Report Fiscal 2020 Second Quarter Results](https://indusrt.com/news/griffin-schedules-webcast-to-report-fiscal-2020-second-quarter-results/) - NEW YORK, NEW YORK (July 2, 2020) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced today that it will host a pre-recorded webcast on July 10, 2020 at 8:00 A.M. Eastern Time to report on its fiscal second quarter results and to discuss its current operations. Griffin plans to release its financial results for the
- [Griffin Announces Closing on Mortgage Loan](https://indusrt.com/news/griffin-announces-closing-on-mortgage-loan-4/) - NEW YORK, NEW YORK (July 6, 2020) Griffin Industrial Realty, Inc. (NASDAQ: GRIF) (“Griffin”) announced that Riverbend Orlando Holdings III, LLC (the “Borrower”), a wholly owned subsidiary of Griffin, entered into a $5.1 million nonrecourse mortgage loan (the “Mortgage Loan”) on the approximately 108,000 square foot fully-leased industrial/warehouse building in Orlando, Florida that the Borrower acquired
- [News  Griffin Announces Fiscal 2020 2nd Quarter Results](https://indusrt.com/news/news-griffin-announces-fiscal-2020-2nd-quarter-results/) - NEW YORK, NEW YORK (July 9, 2020) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) reported total revenue of $9,315,000 and $18,979,000 for the three months ended May 31, 2020 (the “2020 second quarter”) and six months ended May 31, 2020 (the “2020 six month period”), respectively, as compared to $17,081,000 and $26,384,000 for the three
- [Griffin Raises $27.2 Million in Equity Private Placement to Accelerate Growth Plan](https://indusrt.com/news/griffin-raises-27-2-million-in-equity-private-placement-to-accelerate-growth-plan/) - Raised $27.2 million of proceeds through a private placement involving common equity and warrants First equity capital raise in Griffin’s history as a public company New capital to accelerate Griffin’s acquisition strategy in the logistics sector NEW YORK, NEW YORK (August 24, 2020) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin” or the “Company”) today announced that
- [Griffin Announces Fiscal 2020 3rd Quarter Leasing Updates on Rent Collection](https://indusrt.com/news/griffin-announces-fiscal-2020-3rd-quarter-leasing-updates-on-rent-collection/) - NEW YORK, NEW YORK (September 17, 2020) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) announced the following updates on leasing and the impact of the COVID-19 pandemic on rent collections: Leasing Griffin reported the following for its industrial/warehouse portfolio for the three months ended August 31, 2020 (the “2020 third quarter”): Number of Leases [1] Square
- [Griffin Announces Upcoming Investor Events](https://indusrt.com/news/griffin-announces-upcoming-investor-events/) - Webcast to report fiscal 2020 third-quarter results on October 9, 2020 Virtual Investor Day on November 11, 2020 Participation in NAREIT’s REITworld Virtual Investor Conference to take place between November 17-19, 2020 NEW YORK, NEW YORK (October 2, 2020) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) announced today that it will host or participate in several
- [Griffin Announces Fiscal 2020 Third Quarter Results](https://indusrt.com/news/griffin-announces-fiscal-2020-third-quarter-results/) - NEW YORK, NEW YORK (October 8, 2020) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin” or the “Company”) today reported financial results for the three months ended August 31, 2020 (the “2020 third quarter”). Highlights Operating Income of $1.3 million, a decrease of $0.4 million from the 2019 third quarter Leasing NOI(1) (as defined below) of $7.0 million,
- [Griffin Announces Update on REIT Conversion, Dividend Plans and Upcoming Rebranding](https://indusrt.com/news/griffin-announces-update-on-reit-conversion-dividend-plans-upcoming-rebranding/) - On track for conversion to a REIT effective January 1, 2021 Accumulated earnings & profits to be distributed via dividend in the first quarter of 2021 Change in fiscal year-end from November 30th to December 31st Griffin to undergo a rebranding that will include a new company name NEW YORK, NEW YORK (November 23, 2020)
- [Griffin Announces Fiscal 2020 Fourth Quarter Leasing and Update on Rent Collection](https://indusrt.com/news/griffin-announces-fiscal-2020-fourth-quarter-leasing-and-update-on-rent-collection/) - NEW YORK, NEW YORK (December 15, 2020) Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin” or the “Company”) announced the following updates on leasing and the impact of the COVID-19 pandemic on rent collections: Leasing Griffin reported the following for its industrial/warehouse portfolio for the three months ended November 30, 2020 (the “2020 fourth quarter”): Number
- [Griffin Announces Corporate Updates and New Name](https://indusrt.com/news/griffin-announces-corporate-updates-and-new-name/) - Completion of Maryland reincorporation Name change from Griffin Industrial Realty, Inc. to INDUS Realty Trust, Inc. and change in trading symbol from “GRIF” to “INDT” REIT conversion effective January 1, 2021 NEW YORK, NEW YORK (January 4, 2021) Griffin Industrial Realty, Inc. (Formerly Nasdaq: GRIF) announced the following corporate updates concerning its reincorporation as a
- [INDUS Announces Dividend](https://indusrt.com/news/indus-announces-dividend/) - NEW YORK, NEW YORK (January 13, 2021) INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”) announced today that its Board of Directors has declared a dividend to distribute the Company’s accumulated earnings and profits (the “E&P Distribution”) based on the Company’s taxable income through December 31, 2020. The E&P Distribution will be $11,250,000 or
- [INDUS Announces Fiscal 2020 Fourth Quarter & Full Year Earnings Webcast](https://indusrt.com/news/indus-announces-fiscal-2020-fourth-quarter-full-year-earnings-webcast/) - NEW YORK, NEW YORK (February 12, 2021) INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”) announced today that it will host a pre-recorded webcast on February 19, 2021 at 8:00 A.M. Eastern Time to report on its financial results for the three months ended November 30, 2020 (“2020 fourth quarter”) and the twelve
- [INDUS Announces Fiscal 2020 Fourth Quarter and Fiscal 2020 Results](https://indusrt.com/news/indus-announces-fiscal-2020-fourth-quarter-and-fiscal-2020-results/) - NEW YORK, NEW YORK (February 18, 2021) INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”) today reported financial results for the three months ended November 30, 2020 (the “2020 fourth quarter”) and the twelve months ended November 30, 2020 (“fiscal 2020”). 2020 Fourth Quarter & Recent Highlights Net Loss of ($11.1) million and
- [INDUS Announces Launch of Public Offering of 1,750,000 Shares of Common Stock](https://indusrt.com/news/indus-announces-launch-of-public-offering-of-1750000-shares-of-common-stock/) - NEW YORK, NEW YORK (March 1, 2021) INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”) today announced that it has commenced an offering of 1,750,000 shares of common stock. The Company also plans to grant the underwriters a 30-day option to purchase up to 262,500 additional shares of common stock. INDUS intends to
- [INDUS Announces Pricing of Public Offering of Common Stock](https://indusrt.com/news/indus-announces-pricing-of-public-offering-of-common-stock/) - NEW YORK, NEW YORK (March 2, 2021) INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”) today announced the pricing of its public offering of 1,750,000 shares of its common stock at a price to the public of $60.00 per share. The underwriters also have been granted a 30-day option to purchase up to
- [INDUS Announces Amendment to Revolving Credit Line](https://indusrt.com/news/indus-announces-amendment-to-revolving-credit-line/) - NEW YORK, NEW YORK (March 22, 2021) INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”) today announced that its wholly owned subsidiary, INDUS Realty Trust, LLC, entered into the fourth amendment (the “Revolving Credit Line Amendment”) to the Revolving Line of Credit Loan Agreement (the “Amended Webster Credit Line”) with Webster Bank, N.A.
- [INDUS Announces Appointment of General Counsel](https://indusrt.com/news/indus-announces-appointment-of-general-counsel/) - NEW YORK, NEW YORK (April 8, 2021) INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”) has appointed Thomas M. Daniells as Senior Vice President, General Counsel and Corporate Secretary. Tom joins INDUS from Murtha Cullina LLP (“Murtha”) where he was a Partner since 1998. “We are extremely fortunate to have Tom, who already
- [INDUS Announces Fiscal 2021 First Quarter Leasing, Acquisition, Development & Disposition Updates](https://indusrt.com/news/indus-announces-fiscal-2021-first-quarter-leasing-acquisition-development-disposition-updates/) - NEW YORK, NEW YORK (April 13, 2021) INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”) announced the following updates on leasing, its acquisition and development pipeline, its potential dispositions and the impact of the COVID-19 pandemic on the Company’s rent collections: Highlights Signed approximately 202,000 square feet of first generation leases on in-service
- [INDUS Announces Fiscal 2021 First Quarter Earnings Call](https://indusrt.com/news/indus-announces-fiscal-2021-first-quarter-earnings-call/) - NEW YORK, NEW YORK (April 22, 2021) INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”) announced today that it will release its financial results for the first quarter ended March 31, 2021 (the “2021 first quarter”) after the market closes on Monday, May 10, 2021. The Company will hold a conference call on
- [INDUS Announces Fiscal 2021 First Quarter Results and Quarterly Dividend](https://indusrt.com/news/indus-announces-fiscal-2021-first-quarter-results-and-quarterly-dividend/) - NEW YORK, NEW YORK (May 10, 2021) INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”) today reported financial results for the three months ended March 31, 2021 (the “2021 first quarter”) and the month of December 2020. In connection with its anticipated election to become a real estate investment trust (“REIT”) for the
- [INDUS Announces Acquisition of Industrial/Logistics Building](https://indusrt.com/news/indus-announces-acquisition-of-industrial-logistics-building/) - NEW YORK, NEW YORK (May 13, 2021) INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”) announced today that it closed on the acquisition of a fully-leased 127,500 square foot industrial/logistics building in the Lehigh Valley, Pennsylvania market for a purchase price of $11.7 million before transaction costs. The Company used cash on hand
- [INDUS to Participate in NAREIT's REITweek Investor Conference to be Held June 8-10, 2021](https://indusrt.com/news/indus-to-participate-in-nareits-reitweek-investor-conference-to-be-held-june-8-10-2021/) - NEW YORK, NEW YORK (June 2, 2021) INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS”) announced today that it will be participating in Nareit’s REITweek 2021 Investor Conference to be held virtually from June 8th through June 10th, 2021. As part of the conference, INDUS will be hosting a company presentation, including a question and answer
- [INDUS Announces Updates to Acquisition and Disposition Pipelines](https://indusrt.com/news/indus-announces-updates-to-acquisition-and-disposition-pipelines/) - NEW YORK, NEW YORK (June 3, 2021) INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”) announced today that it recently entered into an agreement (the “Purchase Agreement”) to acquire, for a purchase price of $42.0 million, an approximately 50% leased, 395,000 square foot industrial/logistics building in Charlotte, North Carolina (the “Charlotte Acquisition”). Under
- [INDUS Announces Closing on the Acquisition of a 395,000 SF Industrial/Logistics Building in Charlotte, NC](https://indusrt.com/news/indus-announces-closing-on-the-acquisition-of-a-395000-sf-industrial-logistics-building-in-charlotte-nc/) - NEW YORK, NEW YORK (June 28, 2021) INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it has completed the acquisition of a recently constructed, approximately 50% leased, 395,000 square foot industrial/logistics building in Charlotte, North Carolina (the “Charlotte Acquisition”). The Company used cash on hand
- [INDUS Announces Fiscal 2021 Second Quarter Leasing, Pipeline and Corporate Updates](https://indusrt.com/news/indus-announces-fiscal-2021-second-quarter-leasing-pipeline-and-corporate-updates/) - NEW YORK, NEW YORK (July 8, 2021) INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced the following updates on leasing, its acquisition and development pipeline, its potential dispositions and other corporate matters for the three months ended June 30, 2021 (the “2021 second quarter”): Highlights Agreed to
- [INDUS Announces Fiscal 2021 Second Quarter Earnings Call](https://indusrt.com/news/indus-announces-fiscal-2021-second-quarter-earnings-call/) - NEW YORK, NEW YORK (July 15, 2021) INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it will release its financial results for the three months ended June 30, 2021 (the “2021 second quarter”) after the market closes on Monday, August 9, 2021. The Company will
- [INDUS Announces Agreement to Acquire an Industrial/Logistics Building](https://indusrt.com/news/indus-announces-agreement-to-acquire-an-industrial-logistics-building/) - NEW YORK, NEW YORK (July 15, 2021) INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it recently entered into an agreement (the “Purchase Agreement”) to acquire, for a purchase price of $17.8 million, a fully-leased, approximately 139,500 square foot industrial/logistics building in Lakeland, Florida (the
- [INDUS Announces Chief Financial Officer Transition](https://indusrt.com/news/indus-announces-chief-financial-officer-transition/) - Current CFO Anthony J. Galici announces plans to retire at year-end Jon W. Clark appointed Executive Vice President and incoming Chief Financial Officer and will join INDUS in September NEW YORK, NEW YORK (July 19, 2021) INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, today announced that
- [INDUS Announces Closing on the Acquisition of a 139,500 SF Industrial/Logistics Building in Lakeland, FL](https://indusrt.com/news/indus-announces-closing-on-the-acquisition-of-a-139500-sf-industrial-logistics-building-in-lakeland-fl/) - NEW YORK, NEW YORK (August 5, 2021) INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it has completed the acquisition of a fully leased, 139,500 square foot industrial/logistics building in Lakeland, Florida (the “Lakeland Acquisition”). The Company used cash on hand to pay the $17.8
- [INDUS Closes New Revolving Credit Facility](https://indusrt.com/news/indus-closes-new-revolving-credit-facility/) - NEW YORK, NEW YORK (August 5, 2021) INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today INDUS, as parent guarantor, INDUS RT, LP, as borrower, and certain subsidiaries of INDUS RT, LP as guarantors, have entered into a secured revolving credit facility of up to $100 million
- [INDUS Announces Agreement to Acquire A Two-Building Industrial/Logistics Portfolio](https://indusrt.com/news/indus-announces-agreement-to-acquire-a-two-building-industrial-logistics-portfolio/) - NEW YORK, NEW YORK (August 9, 2021) INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS”), a U.S. based industrial/logistics REIT, announced today that it recently entered into an agreement (the “Forward Purchase Agreement”) to acquire, for a purchase price of $31.5 million, an under-construction, approximately 184,000 square foot industrial/logistics portfolio in Nashville, Tennessee (the “Nashville Acquisition”).
- [INDUS Announces Agreement to Acquire Land for Development](https://indusrt.com/news/indus-announces-agreement-to-acquire-land-for-development/) - NEW YORK, NEW YORK (August 9, 2021) INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS”), a U.S. based industrial/logistics REIT, announced today that it recently entered into an agreement (the “Purchase Agreement”) to acquire, for a purchase price of $2.25 million, approximately 10.6 acres of undeveloped land in the Lehigh Valley of Pennsylvania (the “Lehigh Valley Land”).
- [INDUS Announces Fiscal 2021 Second Quarter Results](https://indusrt.com/news/indus-announces-fiscal-2021-second-quarter-results/) - NEW YORK, NEW YORK (August 9, 2021) INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, today reported financial results for the three months ended June 30, 2021 (the “2021 second quarter”). 2021 Second Quarter & Recent Highlights Net loss of $1.2 million for the 2021 second quarter compared
- [INDUS Announces Agreement to Acquire a 128,000 Square Foot Industrial/Logistics Building in Charlotte](https://indusrt.com/news/indus-announces-agreement-to-acquire-a-128000-square-foot-industrial-logistics-building-in-charlotte/) - NEW YORK, NEW YORK (August 24, 2021) INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS”), a U.S. based industrial/logistics REIT, announced today that it recently entered into an agreement (the “Purchase Agreement”) to acquire, for a purchase price of $14.6 million, before transaction costs, an approximately 128,000 square foot, fully-leased, industrial/logistics building in Charlotte, North Carolina
- [INDUS Announces 2021 Third Quarter Dividend](https://indusrt.com/news/indus-announces-2021-third-quarter-dividend/) - NEW YORK, NEW YORK (September 2, 2021) INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS”), a U.S. based industrial/logistics REIT, announced today that its Board of Directors has declared a cash dividend for the quarter ending September 30, 2021 (the “2021 third quarter”) of $0.15 per share of common stock. The 2021 third quarter dividend will
- [INDUS to Participate in the BMO Capital Markets 2021 Real Estate Conference](https://indusrt.com/news/indus-to-participate-in-the-bmo-capital-markets-2021-real-estate-conference/) - NEW YORK, NEW YORK (September 8, 2021) INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS”), a U.S. based industrial/logistics REIT, announced today that it will participate in the BMO Capital Markets 2021 Real Estate Conference to be held virtually on September 14, 2021. In connection with the conference, INDUS will be sharing an updated investor presentation
- [INDUS Announces Fiscal 2021 Third Quarter Leasing, Pipeline and Corporate Updates](https://indusrt.com/news/indus-announces-fiscal-2021-third-quarter-leasing-pipeline-and-corporate-updates/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced the following updates on leasing, its acquisition and development pipeline, its potential dispositions and other corporate matters for the three months ended September 30, 2021 (the “2021 third quarter”): Highlights Acquired a 139,500 square foot industrial/logistics building in Lakeland,
- [INDUS Announces Launch of Public Offering of 2,000,000 Shares of Common Stock](https://indusrt.com/news/indus-announces-launch-of-public-offering-of-2000000-shares-of-common-stock/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, today announced that it has commenced an offering of 2,000,000 shares of common stock. The Company also plans to grant the underwriters a 30-day option to purchase up to 300,000 additional shares of common stock. INDUS intends to use the
- [INDUS Announces Upsize and Pricing of Public Offering of Common Stock](https://indusrt.com/news/indus-announces-upsize-and-pricing-of-public-offering-of-common-stock/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, today announced the upsize and pricing of its public offering of 2,150,000 shares of its common stock at a price to the public of $66.00 per share. The underwriters also have been granted a 30-day option to purchase up to
- [INDUS Announces Fiscal 2021 Third Quarter Earnings Call](https://indusrt.com/news/indus-announces-fiscal-2021-third-quarter-earnings-call/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it will release its financial results for the three months ended September 30, 2021 (the “2021 third quarter”) after the market closes on Thursday, November 4, 2021. The Company will hold a conference call on Friday, November
- [INDUS Announces Completion of Acquisition and Development in Charlotte](https://indusrt.com/news/indus-announces-completion-of-acquisition-and-development-in-charlotte/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS”), a U.S. based industrial/logistics REIT, announced today that it has completed the acquisition of a fully leased, approximately 128,000 square foot industrial/logistics building in Charlotte, North Carolina (the “Charlotte Acquisition”). The Charlotte Acquisition is well-located in one of Charlotte’s premier submarkets that has significant barriers to entry for
- [INDUS’ Annual Corporate Volunteer Day at Nourish My Soul Farm](https://indusrt.com/news/indus-annual-corporate-volunteer-day-at-nourish-my-soul-farm/) - https://indusrt.com/wp-content/uploads/2024/06/NSFM-2.mp4 INDUS is committed to initiatives that directly benefit our employees and our community. We take pride in partnering with organizations whose missions align with ours, working together to achieve shared goals throughout the year. A Day of Impact and Service For the second consecutive year, on May 15, 2024, INDUS partnered with Traprock Ridge
- [INDUS Announces 1.5 Million SF of New Industrial Development Projects in Atlanta and Savannah](https://indusrt.com/news/indus-announces-1-5-million-sf-of-new-industrial-development-projects-in-atlanta-and-savannah/) - Represents INDUS’ fourth and fifth transactions with Scannell Properties Highlights INDUS’ focus on continued growth through acquisitions and developments with backing from Centerbridge, GIC and ADIA NEW YORK, NEW YORK (February 29, 2024) INDUS Realty Trust, Inc. (“INDUS” or the “Company”), a U.S.-based industrial/logistics real estate business, announced that it recently formed joint ventures to
- [INDUS Announces Acquisition of 550,243 Square Foot Industrial Building in Jacksonville, Florida](https://indusrt.com/news/indus-realty-trust-announces-acquisition-of-550243-square-foot-industrial-building-in-jacksonville/) - NEW YORK, NEW YORK (July 24, 2024) INDUS Realty Trust, Inc. (“INDUS” or the “Company”), a U.S.-based logistics real estate business, announced that it recently completed the acquisition of a fully leased, 550,243 square foot Class A warehouse/distribution building in the Jacksonville, Florida market. Completed in 2024, the cross-dock distribution center includes market-leading features such
- [INDUS Provides Update on its Year-to-Date Leasing and Portfolio Expansion Activity](https://indusrt.com/news/indus-provides-update-on-its-year-to-date-leasing-and-portfolio-expansion-activity/) - Jacksonville, FL Acquisition Chastain Crossing, Atlanta, GA Development NEW YORK, NEW YORK (July 31, 2024) INDUS Realty Trust, Inc. (“INDUS” or the “Company”), a U.S.-based logistics real estate business, provided an update on the Company’s 2024 year-to-date leasing and portfolio activity. INDUS owns 49 properties totaling 7.8 million square feet which presently are 91.9% leased (98.7%
- [INDUS Provides Update on 2024 Portfolio Activity](https://indusrt.com/news/indus-provides-update-on-2024-portfolio-activity/) - [table id=45 /] NEW YORK, NEW YORK (January 15, 2025) INDUS Realty Trust, Inc. (“INDUS” or the “Company”), a U.S.-based logistics real estate business, provided an update on the Company’s 2024 acquisition, development and leasing activity. INDUS owns or has majority ownership in 71 properties and projects under development aggregating 13.6 million square feet. This reflects
- [INDUS Provides Mid-Year Update on 2025 Portfolio Activity](https://indusrt.com/news/indus-provides-mid-year-update-on-2025-portfolio-activity/) - [table id=47 /] NEW YORK, NEW YORK (July 16, 2025) INDUS Realty Trust, Inc. (“INDUS” or the “Company”), a U.S.-based logistics real estate business, provided a mid-year update on the Company’s 2025 acquisition, development and leasing activity. INDUS owns or has majority ownership of 77 properties and projects under development, aggregating 14.0 million square feet.
- [INDUS Announces 2021 Third Quarter Results](https://indusrt.com/news/indus-announces-2021-third-quarter-results/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, today reported financial results for the three months ended September 30, 2021 (the “2021 third quarter”). 2021 Third Quarter & Recent Highlights Net loss of $3.5 million, or $0.46 per basic and diluted share, for the 2021 third quarter compared
- [INDUS to Participate in the Nareit REITworld 2021 Virtual Investor Conference](https://indusrt.com/news/indus-to-participate-in-the-nareit-reitworld-2021-virtual-investor-conference/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS”), a U.S. based industrial/logistics REIT, will participate in the Nareit REITworld 2021 Annual Investor Conference to be held virtually from November 9-11, 2021. In connection with the conference, INDUS will be sharing an updated investor presentation which will be made available on the Investors section of its website
- [INDUS Announces Closing on the Acquisition of an Industrial/Logistics Building in Charleston, South Carolina](https://indusrt.com/news/indus-announces-closing-on-the-acquisition-of-an-industrial-logistics-building-in-charleston-south-carolina/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it has completed the acquisition of a 57%-leased, approximately 197,000 square foot industrial/logistics building in Charleston, South Carolina (the “Charleston Acquisition”), the Company’s first property in the Charleston market. The Company used cash on hand to pay
- [INDUS Enters Into Two Agreements for Acquisitions in the Charlotte Market](https://indusrt.com/news/indus-enters-into-two-agreements-for-acquisitions-in-the-charlotte-market/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it recently entered into two separate agreements to acquire, for a combined purchase price of approximately $44.8 million, before transaction costs, two industrial/logistics buildings totaling approximately 450,000 square feet in the Charlotte, North Carolina market. The first
- [INDUS Increases 2021 Fourth Quarter Dividend to $0.16 Per Share, a 6.7% Increase Over Prior Quarter](https://indusrt.com/news/indus-increases-2021-fourth-quarter-dividend-to-0-16-per-share-a-6-7-increase-over-prior-quarter/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S.-based industrial/logistics REIT, announced today that its Board of Directors has declared a cash dividend of $0.16 per share of common stock for the fourth quarter of 2021, a 6.7% increase over the cash dividend per share in the third quarter of 2021. The
- [INDUS Announces 2021 Fourth Quarter Leasing, Pipeline and Corporate Updates](https://indusrt.com/news/indus-announces-2021-fourth-quarter-leasing-pipeline-and-corporate-updates/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced the following updates on leasing, its acquisition and development pipeline, dispositions and other corporate matters for the three months ended December 31, 2021 (the “2021 fourth quarter”): Highlights Developed and placed into service an approximately 141,000 square foot build-to-suit
- [INDUS Announces Change to Its Board of Directors](https://indusrt.com/news/indus-announces-change-to-its-board-of-directors/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced that it has appointed Michael Simanovsky as a new independent director to serve on its Board of Directors (the “Board”) as of January 15, 2022. Mr. Simanovsky is the Founder and Managing Partner of Conversant Capital LLC (“Conversant”). “We
- [INDUS Announces Closing on the Acquisition of an Industrial/Logistics Building in the Charlotte, North Carolina Market](https://indusrt.com/news/indus-announces-closing-on-the-acquisition-of-an-industrial-logistics-building-in-the-charlotte-north-carolina-market/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it has completed the acquisition of an approximately 217,000 square foot industrial/logistics building in the Charlotte, North Carolina market (the “Charlotte Acquisition”). The Company used cash on hand to pay the $23.6 million purchase price, before transaction
- [INDUS Announces 2021 Fourth Quarter and Full Year Earnings Call](https://indusrt.com/news/indus-announces-2021-fourth-quarter-and-full-year-earnings-call/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it will release its financial results for the three and twelve months ended December 31, 2021, before the market opens on Monday, March 7, 2022. The Company will hold a conference call on Monday, March 7, 2022,
- [INDUS to Participate in the Citi 2022 Global Property CEO Conference](https://indusrt.com/news/indus-to-participate-in-the-citi-2022-global-property-ceo-conference/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS”), a U.S. based industrial/logistics REIT, will participate in the Citi 2022 Global Property CEO Conference at the Diplomat Beach Resort in Hollywood, Florida from March 7-9, 2022. Michael Gamzon, the President and Chief Executive Officer of INDUS, will give a company presentation followed by a question-and-answer session, on
- [INDUS Announces Intention to Dispose of Its Remaining Office/Flex Assets](https://indusrt.com/news/indus-announces-intention-to-dispose-of-its-remaining-office-flex-assets/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT,announced today that it intends to sell its remaining office/flex buildings (the “Office/Flex Portfolio”) and fully exit its legacy investment in office properties. The Office/Flex Portfolio is comprised of seven buildings located in Windsor and Bloomfield Connecticut totaling approximately 175,200 square
- [INDUS Announces Agreement to Acquire an Industrial/Logistics Building in Greenville-Spartanburg](https://indusrt.com/news/indus-announces-agreement-to-acquire-an-industrial-logistics-building-in-greenville-spartanburg/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it recently entered into a purchase agreement to acquire a to-be-constructed, approximately 280,000 square foot industrial/logistics building (the “Forward Acquisition”) in Greenville-Spartanburg which is being developed on speculation by the seller. The Forward Acquisition is expected to
- [INDUS Announces 2021 Fourth Quarter and 2021 Full Year Results](https://indusrt.com/news/indus-announces-2021-fourth-quarter-and-2021-full-year-results/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, today reported financial results for the three months ended December 31, 2021 (the “2021 fourth quarter”) and the twelve months ended December 31, 2021 (“full year 2021”). Fourth Quarter & Recent Highlights Net Income of $19.6 million, or $1.94 per
- [INDUS Announces 2022 First Quarter Leasing and Pipeline Updates](https://indusrt.com/news/indus-announces-2022-first-quarter-leasing-and-pipeline-updates/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced the following updates on leasing, its acquisition pipeline, development pipeline and dispositions for the three months ended March 31, 2022 (the “2022 first quarter”)1: Highlights Completed the acquisition of an approximately 217,000 square foot building in the Charlotte, North
- [INDUS Announces 2022 First Quarter Earnings Call](https://indusrt.com/news/indus-announces-2022-first-quarter-earnings-call/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it will release its financial results for the three months ended March 31, 2022 (the “2022 first quarter”) before the market opens on Tuesday, May 10, 2022. The Company will hold a conference call on Tuesday, May
- [INDUS Announces a New $150 Million Delayed Draw Term Loan and Amendment to Existing Revolving Credit Facility](https://indusrt.com/news/indus-announces-a-new-150-million-delayed-draw-term-loan-and-amendment-to-existing-revolving-credit-facility/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it has amended and restated its Credit Agreement, dated August 5, 2021 (as amended, the “Amended Credit Agreement”), to increase the size to $250 million with the addition of a new $150 million delayed draw term loan
- [INDUS Announces First Quarter 2022 Results](https://indusrt.com/news/indus-announces-first-quarter-2022-results/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, today reported financial results for the first quarter of 2022. 2022 First Quarter & Recent Highlights Net Income of $0.3 million, or $0.03 per diluted share, for the first quarter of 2022 compared to a net loss of $0.8 million,
- [INDUS Realty Trust, Inc. to Be Added to the MSCI US REIT Index](https://indusrt.com/news/indus-realty-trust-inc-to-be-added-to-the-msci-us-reit-index/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, today announced that effective as of the close of market on May 31, 2022, INDUS will be added to the MSCI US REIT Index, as part of the May 2022 Semi-Annual Index Review for the MSCI Equity Indexes. About MSCI(1)
- [INDUS Recognized as a 2022 Green Lease Leader](https://indusrt.com/news/indus-recognized-as-a-2022-green-lease-leader/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that the Company was recognized as a 2022 Green Lease Leader by the Institute for Market Transformation and the U.S. Department of Energy's Better Buildings Alliance at the Better Buildings, Better Plants Summit. INDUS received the Green Lease
- [INDUS to Participate at Nareit’s REITweek 2022 Investor Conference](https://indusrt.com/news/indus-to-participate-at-nareits-reitweek-2022-investor-conference/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it will be meeting with investors and others at Nareit’s REITweek 2022 Investor Conference, to be held June 7th through June 9th at the New York Hilton Midtown Hotel in New York City. Management will also deliver
- [INDUS Announces the Acquisition of a 205,000 Square Foot Portfolio in Orlando and Palm Beach](https://indusrt.com/news/indus-announces-the-acquisition-of-a-205000-square-foot-portfolio-in-orlando-and-palm-beach/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it has closed on the purchase of a fully leased, approximately 205,000 square foot portfolio (the “Florida Portfolio Acquisition”) located in the Orlando and Palm Beach, Florida markets. The Company used cash on hand to pay the
- [INDUS Announces 2022 Second Quarter Leasing, Pipeline and Corporate Updates](https://indusrt.com/news/indus-announces-2022-second-quarter-leasing-pipeline-and-corporate-updates/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced the following updates on leasing, its acquisition pipeline, development pipeline and corporate updates for the three months ended June 30, 2022 (the “2022 second quarter”)1: Highlights Completed the acquisition of a fully leased, approximately 205,000 square foot portfolio of
- [INDUS Announces 2022 Second Quarter Earnings Call](https://indusrt.com/news/indus-announces-2022-second-quarter-earnings-call/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it will release its financial results for the three months ended June 30, 2022 (the “2022 second quarter”) after the market closes on Monday, August 8, 2022. The Company will hold a conference call on Tuesday, August
- [INDUS Announces Second Quarter 2022 Results](https://indusrt.com/news/indus-announces-second-quarter-2022-results/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, today reported financial results for the quarter ending June 30, 2022 (the “2022 second quarter”). 2022 Second Quarter Highlights Net income of $2.8 million, or $0.27 per diluted share, for the 2022 second quarter compared to a net loss of
- [INDUS to Participate in Bank of America Securities 2022 Global Real Estate Conference](https://indusrt.com/news/indus-to-participate-in-bank-of-america-securities-2022-global-real-estate-conference/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that members of the Company’s senior management team are scheduled to participate in the Bank of America Securities 2022 Global Real Estate Conference taking place on September 13-14, 2022 at the Conrad New York Downtown Hotel in New
- [INDUS Announces Repayment of Construction Loan](https://indusrt.com/news/indus-announces-repayment-of-construction-loan/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced that it has repaid its $26.3 million construction loan using cash on hand. As a result of the paydown, the Company has no floating rate debt outstanding and no debt maturities prior to 2027. Additionally, the property located at
- [INDUS Signs CEO Action Pledge for Diversity & Inclusion and Endorses UN Women’s Empowerment Principles](https://indusrt.com/news/indus-signs-ceo-action-pledge-for-diversity-inclusion-and-endorses-un-womens-empowerment-principles/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced that the Company’s President and Chief Executive Officer, Michael Gamzon, has signed the CEO Action for Diversity & InclusionTM pledge (the “CEO Action Pledge”) as well as endorsed the United Nations Women’s Empowerment Principles (“WEPs”). The CEO Action Pledge
- [INDUS Announces 2022 Third Quarter Earnings Call](https://indusrt.com/news/indus-announces-2022-third-quarter-earnings-call/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced that it will release its financial results for the three months ended September 30, 2022, after the market closes on Monday, November 7, 2022. The Company will hold a conference call on Tuesday, November 8, 2022, at 10:00 am
- [INDUS Announces 2022 Third Quarter Leasing, Pipeline and Corporate Updates](https://indusrt.com/news/indus-announces-2022-third-quarter-leasing-pipeline-and-corporate-updates/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced the following leasing, acquisition, development and business updates for the three months ended September 30, 20221: Highlights Executed 5 leases totaling approximately 418,000 square feet across the Company’s portfolio. Completed and placed into service two development projects in the
- [INDUS Announces Third Quarter 2022 Results](https://indusrt.com/news/indus-announces-third-quarter-2022-results/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, reported financial results for the quarter ended September 30, 2022: 2022 Third Quarter Highlights Net income of $1.1 million, or $0.11 per diluted share, for the 2022 third quarter compared to a net loss of $3.5 million, or $0.46 per
- [INDUS to Participate in Nareit REITworld 2022 Annual Conference](https://indusrt.com/news/indus-to-participate-in-nareit-reitworld-2022-annual-conference/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced that members of the Company’s senior management team are scheduled to participate in the Nareit REITworld 2022 Annual Conference taking place from November 15-17, 2022 at the San Francisco Marriott Marquis Hotel in San Francisco, California. INDUS will host
- [INDUS Realty Trust Receives Unsolicited, Non-Binding Acquisition Proposal](https://indusrt.com/news/indus-realty-trust-receives-unsolicited-non-binding-acquisition-proposal/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced it received on November 27, 2022 an unsolicited, non-binding proposal from Centerbridge Partners, L.P.—which currently owns approximately 14.8% of the Company’s common stock—and GIC Real Estate, to acquire 100% of the outstanding shares of the Company’s common stock that
- [INDUS Completes Sale of Office/Flex Portfolio for $11.0 Million](https://indusrt.com/news/indus-completes-sale-of-office-flex-portfolio-for-11-0-million/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”) a U.S.-based industrial/logistics REIT, announced that the Company has completed the sale of its office/flex portfolio, including a small storage building used in the operations of the portfolio (the “Office/Flex Portfolio”), for a sale price of $11.0 million. The Office/Flex Portfolio was comprised of eight
- [INDUS Announces 2022 Fourth Quarter Leasing, Pipeline and Corporate Updates](https://indusrt.com/news/indus-announces-2022-fourth-quarter-leasing-pipeline-and-corporate-updates/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced the following leasing, acquisition, development and business updates for the three months ended December 31, 2022: Highlights Executed six leases totaling 543,000 square feet across the Company’s portfolio and acquisition pipeline. The Company’s acquisitions under contract in the Nashville
- [INDUS Completes Acquisitions of Land for Future Development](https://indusrt.com/news/indus-completes-acquisitions-of-land-for-future-development/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced that it has completed the previously disclosed acquisitions of land parcels in the Orlando, Florida and Lehigh Valley, Pennsylvania markets. The Company used cash on hand to complete the acquisitions. The acquisition of the fully entitled land parcel in
- [INDUS Realty Trust to Be Acquired by Centerbridge Partners and GIC Real Estate in a Transaction Valued at $868 Million](https://indusrt.com/news/indus-realty-trust-to-be-acquired-by-centerbridge-partners-and-gic-real-estate-in-a-transaction-valued-at-868-million/) - INDUS Stockholders to Receive $67.00 Per Share in Cash Transaction Represents 17% Premium to INDUS’ Unaffected Stock Price on November 25, 2022 INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, today announced it has entered into a definitive merger agreement under which affiliates of Centerbridge Partners, L.P. (“Centerbridge”),
- [INDUS Announces Fourth Quarter and Full Year 2022 Results](https://indusrt.com/news/indus-announces-fourth-quarter-and-full-year-2022-results/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, reported financial results for the quarter and full year ended December 31, 2022: 2022 Fourth Quarter & Recent Highlights Net income of $1.9 million, or $0.19 per diluted share, for the 2022 fourth quarter compared to net income of $19.6
- [INDUS Files Preliminary Proxy Statement](https://indusrt.com/news/indus-files-preliminary-proxy-statement/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced that it has filed its preliminary proxy statement with the U.S. Securities and Exchange Commission in connection with the previously announced definitive merger agreement under which affiliates of Centerbridge Partners, L.P. (“Centerbridge”), a global private investment firm with deep
- [INDUS Recognized With Green Lease Leader Gold and Great Employers in Connecticut Awards](https://indusrt.com/news/indus-recognized-with-green-lease-leader-gold-and-great-employers-in-connecticut-awards/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”) a U.S.-based industrial/logistics REIT, announced that the Company achieved Gold recognition as a 2023 Green Lease Leader and received the “Great Employers in Connecticut” award from the Best Companies Group. On April 12, 2023, the Institute for Market Transformation (IMT) and the U.S. Department of
- [INDUS Announces First Quarter 2023 Results](https://indusrt.com/news/indus-announces-first-quarter-2023-results/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, reported financial results for the quarter ended March 31, 2023: 2023 First Quarter & Recent Highlights Net loss of $5.8 million, or $0.57 per basic share, for the 2023 first quarter compared to net income of $0.3 million, or $0.03
- [INDUS Stockholders Approve Merger at Special Meeting](https://indusrt.com/news/indus-stockholders-approve-merger-at-special-meeting/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S.-based industrial/logistics REIT, announced that at a special meeting of stockholders held on May 17, 2023, stockholders voted to approve the previously announced proposed merger, whereby affiliates of Centerbridge Partners, L.P. and GIC will acquire all outstanding shares of INDUS’ common stock (the “Merger”).
- [INDUS Announces Quarterly Cash Dividend](https://indusrt.com/news/indus-announces-quarterly-cash-dividend/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”) a U.S.-based industrial/logistics REIT, announced that its Board of Directors has declared a quarterly cash dividend on its common stock of $0.18 per share for the second quarter of 2023. The dividend will be payable on June 28, 2023 (the “Payment Date”) to stockholders of
- [INDUS Announces Receipt of CFIUS Approval](https://indusrt.com/news/indus-announces-receipt-of-cfius-approval/) - INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”) a U.S.-based industrial/logistics REIT, announced that it has received written notice from the Committee on Foreign Investment in the United States (“CFIUS”) that it has concluded its review and cleared the transaction contemplated by the previously announced Agreement and Plan of Merger, dated as of
- [Centerbridge Partners and GIC Complete Acquisition of INDUS Realty Trust, Inc.](https://indusrt.com/news/centerbridge-partners-and-gic-complete-acquisition-of-indus-realty-trust-inc/) - #INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today the completion of the previously announced merger whereby affiliates of Centerbridge Partners, L.P. (“Centerbridge”), a global private investment firm with deep experience in real estate, and GIC, a global institutional investor, have acquired all of the outstanding shares

## Pages

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## Properties

- [2832 Whites Creek Pike (Building 200)](https://indusrt.com/properties/2832-whites-creek-pike-nashville-tn-building-b/) - 2 buildings totaling 183,840 SF. Prime infill location with excellent connectivity to I-24, I-65 & I-40 via Briley Parkway.
- [2832 Whites Creek Pike (Building 100)](https://indusrt.com/properties/2832-whites-creek-pike-nashville-tn-building-1/) - 2 buildings totaling 183,840 SF. Prime infill location with excellent connectivity to I-24, I-65 & I-40 via Briley Parkway.
- [1511 Zoo Parkway](https://indusrt.com/properties/1511-zoo-parkway-jacksonville-fl/) - Built in 2024, this Class A, cross-dock distribution facility located in Imeson Industrial Park offers prime logistics advantages with direct access to I-95 and I-295. Key Features Strategic Location: Proximity to I-95 and I-295 for efficient southeastern US distribution. Modern Infrastructure: 40' clear height, 99 dock doors, 4 drive-in doors, and 175 trailer parking stalls.
- [1144 Newton Way](https://indusrt.com/properties/1144-newton-way-summerville-sc/) - Class A 262,000 SF industrial building
- [Chastain Logistics Crossing](https://indusrt.com/properties/chastain-crossing/) - Chastain Crossing consists of two state-of-the-art logistics buildings featuring a truck court and clerestory windows that provide abundant natural light, supporting a modern, efficient operational environment. Its infill location offers a competitive advantage in a dynamic logistics market for businesses seeking premium industrial space.
- [Rockingham Farms Commerce Center](https://indusrt.com/properties/rockingham-farms-commerce-center/)
- [180 Westridge Parkway](https://indusrt.com/properties/180-westridge-parkway/) - The building features 182 dock-high doors, 189 trailer parking stalls, and excellent access to I-75. Located in the South Clayton / Henry County submarket, the property sits at a key logistics hub connecting Atlanta’s regional and national distribution networks with the Port of Savannah.
- [Shawnee Ridge](https://indusrt.com/properties/shawnee-ridge-2/) - Shawnee Ridge is a logistics/cold storage facility in Northeast Atlanta's industrial submarket, offering direct access to I-85, heavy power, and a fenced truck court, making it ideal for food distribution and logistics operations.
- [1240 Howell Road](https://indusrt.com/properties/1240-howell-road-duncan-sc/) - Hillside 290 is a Class A industrial facility located in Spartanburg, SC, along the Highway 290 corridor within the Hillside submarket. It offers approximately 284,400 SF of flexible-use space suitable for distribution, light manufacturing, and automotive-related uses. The property includes 2 spec office spaces of 1,852 SF and 1,480 SF, to facilitate immediate occupancy.
- [10397 West Van Buren Street](https://indusrt.com/properties/10397-west-van-buren-street/)
- [105 South 84th Avenue](https://indusrt.com/properties/105-south-84th-avenue/)
- [104 South 84th Avenue](https://indusrt.com/properties/104-south-84th-avenue/)
- [Shawnee Ridge](https://indusrt.com/properties/shawnee-ridge/) - Shawnee Ridge is a logistics/cold storage facility in Northeast Atlanta's industrial submarket, offering direct access to I-85, heavy power, and a fenced truck court, making it ideal for food distribution and logistics operations.
- [1215 Hausman Road](https://indusrt.com/properties/1215-hausman-road/) - 90,100 SF Class A industrial building under development
- [1115 American Parkway](https://indusrt.com/properties/1115-american-parkway/) - Use: Industrial/Warehouse/Distribution Total SF: 205,800 Available SF: 205,800 Best-in-class building specifications Separate on-site trailer parking lot Highly visible location Excellent access to major highways, labor and parcel post
- [215 International Drive](https://indusrt.com/properties/215-international-drive/) - Use: Industrial/Distribution/Warehouse Total SF: 277,253 Key Facts 32' clear height ESFR Sprinkler System Up to 80 dock high doors Trailer storage onsite 240' building depth 45' typical column spacing Flexible office locations and entries Prime Accessibility and Visibility at signalized interchange of Poplar Tent Road and International Drive. Immediate Access from I-85 via Poplar Tent Road
- [180 International Drive](https://indusrt.com/properties/180-international-drive-concord-nc/) - Use: Industrial/Warehouse/Distribution Total SF: 136,000 Located in Carolina Tradeport I - a first-class industrial development master-planned by INDUS. Newly constructed Class A industrial development by IDUS. Professionally leased and managed by Trinity Partners Immediately adjacent to International Business Park Double diverging diamond intersections at Poplar Tent Road/I-85 exit and Highway 73/85 exit Easy access from
- [9917 Old Statesville Road](https://indusrt.com/properties/9917-old-statesville-road/) - Use Industrial/Warehouse/Distribution Total SF 141,000 Located in Carolina Tradeport II - Old Statesville Road is a Class A industrial development in Charlotte, NC. INDUS initially master-planned and procured approvals for a three-building, 521,000 square foot industrial park on the site. INDUS changed the course of this development by entering into a preliminary agreement with a leading e-commerce
- [7800 Tuckaseegee Road](https://indusrt.com/properties/7800-tuckaseegee-road/) - Use: Industrial/Warehouse/Distribution Total SF: 395,520 The building features a rear load configuration with 36’ ceiling heights, approximately 2,200 linear feet of frontage on highway I-85, and excellent access to both I-485 and I-85 from a signalized intersection less than one (1) mile from the site. Additional features include 185’ all concrete truck courts, ample auto and
- [2345 Township Road](https://indusrt.com/properties/2345-township-road/) - Use: Industrial/Warehouse/Distribution Total SF: 128,000
- [160 International Drive](https://indusrt.com/properties/160-international-drive/) - Use: Industrial/Warehouse/Distribution Total SF: 147,000 Located in Carolina Tradeport I - a first-class industrial development master-planned by INDUS. Newly constructed Class A industrial development by INDUS Realty Trust, Inc. Professionally leased and managed by Trinity Partners Immediately adjacent to International Business Park Double diverging diamond intersections at Poplar Tent Road/I-85 exit and Highway 73/85 exit Easy
- [11706 Landstar Boulevard](https://indusrt.com/properties/landstar-boulevard/) - Use: Industrial/Warehouse/Distribution Total SF: 96,500 Landstar Logistics Center is a Class A industrial development located within Southeast Orange County, providing significant advantages for industrial users seeking to service the Central Florida market.
- [7466 Chancellor Drive](https://indusrt.com/properties/7466-chancellor-drive-orlando-fl/) - Use: Industrial/Warehouse/Distribution Total SF: 100,045
- [3320 Maggie Boulevard](https://indusrt.com/properties/3320-maggie-boulevard/) - Use: Industrial/Warehouse/Distribution Total SF: 108,000
- [3122 Shader Road](https://indusrt.com/properties/3122-shader-road/) - Use: Front-Load/Industrial Total SF: 121,386 The property consists of 2 front-load buildings totaling 121,386 SF and is prominently located 10 minutes from downtown Orlando and 25 minutes from Orlando International Airport (MCO), the eighth busiest airport in the United States.
- [170 Sunport Lane](https://indusrt.com/properties/170-sunport-lane/) - Use: Rear-Load Industrial/Warehouse/Distribution Total SF: 68,320
- [11700 Landstar Boulevard](https://indusrt.com/properties/landstar-boulevard-building-2/) - Use: Industrial/Warehouse/Distribution Total SF: 99,176 Landstar Logistics Center is a Class A industrial development located within Southeast Orange County, providing significant advantages for industrial users seeking to service the Central Florida market. PROPERTY OVERVIEW Landstar Logistics Center is a Class A industrial development located within Southeast Orange County, providing significant advantages for industrial users seeking
- [2850 Interstate Drive](https://indusrt.com/properties/2850-interstate-drive/) - Use: Industrial/Warehouse/Distribution Total SF: 139,500
- [7700 High Ridge Road](https://indusrt.com/properties/7700-high-ridge-road/) - Use: Rear-Load/Infill Industrial Total SF: 39,776
- [6600 High Ridge Road](https://indusrt.com/properties/6600-high-ridge-road/) - Use: Rear-Load/Infill Industrial Total SF: 43,687
- [775 Marshall Phelps Road](https://indusrt.com/properties/775-marshall-phelps-road/) - Use: Industrial Total SF (BTS) 231,000 Land for sale or pre-lease. Fully approved for 231,000 SF "double-loaded" warehouse/distribution. Located in the Day Hill corporate area off I-91 (Exit 38), with easy access to Bradley International Airport and the I-84 and I-90 corridors.
- [759 Rainbow Road](https://indusrt.com/properties/759-rainbow-road/) - Use: Industrial/Warehouse Total SF: 126,852 The building is located within New England Tradeport - a 600-acre master-planned business park adjacent to Bradley International Airport. Conveniently located off Route 20, with easy access to I-91, I-84, and the I-90 corridor. FTZ, Airport Zone, and other incentive packages available.
- [758 Rainbow Road](https://indusrt.com/properties/758-rainbow-road/) - Use: Industrial/Warehouse Total SF: 137,000 The building is located within New England Tradeport - a 600-acre master-planned business park adjacent to Bradley International Airport. Conveniently located off Route 20, with easy access to I-91, I-84, and the I-90 corridor. FTZ, Airport Zone, and other incentive packages available.
- [755 Rainbow Road](https://indusrt.com/properties/755-rainbow-road/) - Use: Industrial/Distribution/Warehouse Total SF: 148,484 The building is located within New England Tradeport - a 600-acre master-planned business park adjacent to Bradley International Airport. Conveniently located off Route 20, with easy access to I-91, I-84, and the I-90 corridor. FTZ, Airport Zone, and other incentive packages available.
- [754 Rainbow Road](https://indusrt.com/properties/754-rainbow-road/) - Use: Industrial/Warehouse Total SF: 136,867 The building is located within New England Tradeport - a 600-acre master-planned business park adjacent to Bradley International Airport. Conveniently located off Route 20, with easy access to I-91, I-84, and the I-90 corridor. FTZ, Airport Zone, and other incentive packages available.
- [330 Stone Road](https://indusrt.com/properties/330-stone-road/) - 137,000 SF Class A industrial building located in New England Tradeport. Use:Industrial/Warehouse/Distribution Total SF:137,000
- [220 Tradeport Drive](https://indusrt.com/properties/220-tradeport-drive/) - Use: Warehouse/Distribution Total SF: 234,000 The building is located within New England Tradeport - a 600-acre master-planned business park adjacent to Bradley International Airport. Conveniently located off Route 20, with easy access to I-91, I-84, and the I-90 corridor. FTZ, Airport Zone, and other incentive packages available.
- [110 Tradeport Drive](https://indusrt.com/properties/110-tradeport-drive/) - OVERVIEW 234,000 Class A Industrial/Warehouse Facility located within New England Tradeport AMENITIES New England Tradeport location Located in Foreign Trade Zone #71 Truck & trailer parking at building, with surplus space available
- [11 Goodwin Drive](https://indusrt.com/properties/11-goodwin-drive/) - 62.9 acre industrial/commercial development site located in the Day Hill Corporate area off I-91 (Exit 38), with easy access to Bradley International Airport and the I-84 and I-90 corridors. The site offers frontage on Day Hill Road, Iron Ore Road & Goodwin Drive via a traffic signal. Find out why Amazon, Ford, Walgreens, Dollar Tree, Domino’s,
- [105 International Drive](https://indusrt.com/properties/105-international-drive/) - 248,000 SF Class A Industrial Build-to-Suit Opportunity Use:Industrial Building SF: 248,000 Certifications Located in New England Tradeport. - a 600-acre master-planned business park adjacent to Bradley International Airport. Conveniently located off Route 20, with easy access to I-91, I-84 and the I-90 corridor.
- [100 International Drive](https://indusrt.com/properties/100-international-drive/) - Class A, 304,200 SF Industrial/Warehouse/Distribution facility located within New England Tradeport
- [782 Paragon Way](https://indusrt.com/properties/782-paragon-way/) - 216,615 Class A Industrial/Warehouse Building
- [1533 Galleria Boulevard](https://indusrt.com/properties/1533-galleria-boulevard/) - 1533 Galleria Blvd in Rock Hill, SC, is a Class-A industrial facility that offers a strategic location for industrial and logistics operations. With easy access to major interstates like I-85, I-26, I-77, I-95, and I-20, this property benefits from South Carolina’s robust transportation infrastructure, making it ideal for efficient distribution and enhanced supply chain connectivity.
- [7770 Palmetto Commerce Parkway](https://indusrt.com/properties/7770-palmetto-commerce-parkway/) - Use: Industrial/Warehouse/Distribution
- [871 Nestle Way](https://indusrt.com/properties/871-nestle-way/) - Use: Industrial/Distribution/Warehouse Property Highlights Precast concrete exterior 7" concrete floor with compressive strength of 4000 PSI 10" water service, 6" sanitary sewer ESFR sprinkler system 28' clear height ceilings 40' x 50' interior column spacing with 40' x 60' column spacing near loading docks 12 - 9' x10' tailgate loading doors Two 12' x 14'
- [5220 Jaindl Boulevard](https://indusrt.com/properties/5220-jaindl-boulevard/) - Use: Industrial/Distribution/Warehouse Total SF: 280,000 Located in Lehigh Valley Tradeport II - a 50-acre industrial park located in the Lehigh Valley of Pennsylvania. INDUS master-planned the park for a total of 2 Class A industrial/warehouse buildings totaling 532,000 SF.
- [5210 Jaindl Boulevard](https://indusrt.com/properties/5210-jaindl-boulevard/) - Use: Industrial/Distribution/Warehouse Total SF: 252,000 Notes: 130' truck court with 34 trailer spaces. 63 docks and 2 drive-in doors Located in Lehigh Valley Tradeport II - a 50-acre industrial park located in the Lehigh Valley of Pennsylvania. INDUS master-planned the park for a total of 2 Class A industrial/warehouse buildings totaling 532,000 SF.
- [4270 Fritch Drive](https://indusrt.com/properties/4270-fritch-drive/) - Use: Industrial/Distribution Total SF: 302,800 Year Built: 2014 Located in Lehigh Valley Tradeport I - a 51-acre industrial park located in the Lehigh Valley of Pennsylvania. INDUS master-planned the park for a total of 2 Class A industrial/warehouse buildings totaling 530,640 SF.
- [7312 Windsor Drive](https://indusrt.com/properties/7312-windsor-drive-allentown-pa/) - Overview 90,664 SF Class A industrial building under development. Best-in-class building specifications Premier location near established business and industrial parks Highly visible location from I-78 Excellent access to major highways, labor and parcel post
- [6975 Ambassador Drive](https://indusrt.com/properties/6975-ambassador-drive/) - Use: Industrial/Distribution/Warehouse 134,000 SF; 50' X 50' column spacing; 60' speed bay; ESFR sprinklers; up to 37 dock doors; 2 drive-in doors; 120' truck court. I-78 to Route 100.
- [6355 Farm Bureau Road](https://indusrt.com/properties/6355-farm-bureau-road/) - Use: Industrial/Distribution Total SF: 127,500
- [4741 Chapmans Road](https://indusrt.com/properties/4741-chapmans-road/) - Use: Industrial/Warehouse/Distribution Total SF: 102,250
- [Phoenix Airport Logistics Center](https://indusrt.com/properties/phoenix-airport-logistics-center/) - Phoenix Airport Logistics is a premier industrial asset located in the highly sought-after infill Airport submarket of Phoenix, AZ. This Class A logistics center offers a prime location and modern amenities tailored to meet the evolving needs of today’s logistics and distribution industry. Strategic Location & Connectivity Located in one of the fastest-growing industrial submarkets
- [4275 Fritch Drive](https://indusrt.com/properties/4275-fritch-drive/) - Use: Industrial/Distribution/Warehouse Total SF: 228,000Clear Height: 40' Parking: 161 Site: 20 acres Year Built: 2012 Located in Lehigh Valley Tradeport I - a 51-acre industrial park located in the Lehigh Valley of Pennsylvania. INDUS master-planned the park for a total of 2 Class A industrial/warehouse buildings totaling 530,640 SF.

## Draw Attention

- [Indus Locations Map](https://indusrt.com/?da_image=65)
- [](https://indusrt.com/?da_image=3127)

## Templates

- [Default](https://indusrt.com/feed-templates/default/)

## Team Members

- [Kelly Poudrette](https://indusrt.com/team/senior-management/kelly-poudrette/)
- [Raymond Hill](https://indusrt.com/team/senior-management/raymond-hill/)
- [Bobby Annis](https://indusrt.com/team/senior-management/bobby-annis/)
- [Matthew Homa](https://indusrt.com/team/senior-management/matthew-homa/)
- [Cynthia Brown, CPM®](https://indusrt.com/team/senior-management/cynthia-brown-cpm/)
- [Sheryl Sylvester](https://indusrt.com/team/senior-management/sheryl-sylvester/)
- [Scott Bosco](https://indusrt.com/team/senior-management/scott-bosco/)
- [Matthew D'Andrea](https://indusrt.com/team/acquisitions/matthew-dandrea/)
- [Trey Daniel](https://indusrt.com/team/acquisitions/trey-daniel/)
- [Andrew Albeck](https://indusrt.com/team/acquisitions/andrew-albeck/)
- [Andre Ciani](https://indusrt.com/team/acquisitions/andre-ciani/)
- [Thomas M. Daniells](https://indusrt.com/team/leadership/thomas-m-daniells/)
- [Jon Clark](https://indusrt.com/team/leadership/jon-clark/)
- [Gordon DuGan](https://indusrt.com/team/leadership/gordon-dugan/)
- [Michael Gamzon](https://indusrt.com/team/leadership/michael-gamzon/)

## Projects

- [Tradestar Logistics Center](https://indusrt.com/news/projects/tradestar-logistics-center/)
- [1115 American Parkway](https://indusrt.com/news/projects/1115-american-parkway/)
- [Landstar Logistics Center](https://indusrt.com/news/projects/landstar-logistics-center/)
- [Carolina Tradeport II](https://indusrt.com/news/projects/carolina-tradeport-ii/)
- [Lehigh Valley Tradeport II](https://indusrt.com/news/projects/lehigh-valley-tradeport-ii/)
- [Carolina Tradeport I](https://indusrt.com/news/projects/carolina-tradeport/)
- [Lehigh Valley Tradeport I](https://indusrt.com/news/projects/lehighvalley-tradeport-i-ii/)
- [New England Tradeport](https://indusrt.com/news/projects/new-england-tradeport/)

## Categories

- [News](https://indusrt.com/news/category/news/)
- [Events & Announcements](https://indusrt.com/news/category/events/)
- [Press Release](https://indusrt.com/news/category/press_release/)

## Tags

- [INDUS 2026 Portfolio Activity](https://indusrt.com/news/tag/indus-2026-portfolio-activity/)

## Property Types

- [Industrial](https://indusrt.com/news/property-type/industrial/)
- [Land](https://indusrt.com/news/property-type/land/)

## Offering Type

- [Sale](https://indusrt.com/news/offering-type/sale/)
- [Lease](https://indusrt.com/news/offering-type/lease/)