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.
The timing for Empire West could not be better given the location, the surge in e-commerce related warehouse demand and the Houston region's continued population growth, which recently eclipsed 7 million people.
REIT indices for cold storage, self-storage, data centers and life sciences have outpeformed all-property indices in the US in the first six months of 2020.
The multiple projects that VanTrust is kicking off in Texas speak to the volume of e-commerce and logistics demands across the country and each market has its unique role in the supply chain.
The financing, arranged by Cushman & Wakefield, will be used to develop Logan North Industrial Park's first two properties, comprising 1.3 million square feet.