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Bering Capital Partners acquires DuraVent headquarters in Vacaville
Bering Capital Partners has acquired the 280,000-square-foot headquarters of DuraVent in Vacaville, California, for $27.4 million. The property is currently fully leased.
In a related development in the industrial sector, AWIP has announced a strategic expansion of its data center division. The company is scaling operations to address a surge in demand for energy-efficient building envelope solutions driven by artificial intelligence and digital infrastructure growth. AWIP reported that demand for its products has exceeded 15 million square feet of installed material, prompting increased resources for its three U.S.-based manufacturing facilities.