Industrial

Facing opposition from environmentalists, Transwestern Development Co. withdrew an application to build the Eastern Empire Fulfillment Center.

The developer has launched six new projects in the Inland Empire and Orange County.

Equity Group Investments has announced an investment in East Coast Warehouse.

CommericalEdge reported that plenty more product is under construction, particularly in Dallas-Fort Worth.

The firm has acquired two land parcels along Interstate 90, with plans to develop a state-of-the-art, speculative industrial building.

Ground leases provide early capital at a favorable rate, helping to de-risk the deal for construction lenders.

"It is a big challenge," Mark Russo of Savills says about how retail companies are handling the post-holiday return season.

Absorption totaled 109.5 million square feet in the quarter, the third largest quarterly volume on record.