Industrial

The split roll tax initiative on the November ballot is the largest proposed tax increase in California history.

Houston has the ability to leverage inbound sea freight with product coming in from Mexico and Central America, making it the ideal spot for global supply chains, says Colliers' Industrial US Seaport Outlook.

Turnbridge entered into a joint venture with Dune Real Estate Partners to own and develop the five parcel assemblage.

Leasing regained momentum in the second quarter as a result of demand from retailers, logistics providers and e-commerce firms.

The rise in the special servicing rate was tied primarily to the retail and lodging industries and continued a consistent increase in the rate that started in March.

Provender Partners recently acquired two refrigerated facilities totaling more than 160,000 square feet on 8 acres, 860 and 940 on 81st Ave. in Oakland, near the Port of Oakland and Oakland International Airport.

During these unprecedented times, as consumer behaviors and lifestyles were altered and companies adjusted supply chain strategies, US seaports had to adapt, says the Colliers Industrial US Seaport Outlook.

"The pie has gotten smaller, and COVID-19 certainly has shrunk that pie further."