Premier Industrial commercial real estate news, analysis, trends and information including warehouse, distribution, logistics, e-commerce, self storage and R&D space deals and players.
A massive, 60-acre mixed-use development in Burbank is steeped in amenities, sustainable protocols and community involvement. The owners say it will redefine the local business market.
Investors and developers are looking to warehouse conversions in a bid to take advantage of the higher returns and strong rental growth of the logistics sector.
Lowe's Companies Inc. has signed a lease for 120,000 square feet in Kyle Crossing Business Park where it plans to open a distribution center, occupying approximately 60% of building one.
CenterPoint Properties recently purchased the 707,820-square-foot Bay Area Logistics Center from LDK Ventures after Amazon leased the entire class-A building back in May.
The tenant, Weber-Stephen Products LLC, will continue its US-based product manufacturing strategy at the 622,000-square-foot, Chicago manufacturing facility.
CT Realty has acquired a 18.46-acre infill site to develop Stadium Logistics Center, a 329,402-square-foot industrial building to meet the surging demand for supply chain distribution space amid spiking e-commerce sales growth.