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 Asian investor contributed approximately $26 million for the 12th property in addition to the approximately $82 million contributed for the initial 11 properties last month.
Columbia Pacific Advisors Bridge Lending provided the funding that will allow INDUSTRY GO to acquire 14-16 Burma Road and 150 Theodore Conrad Drive in Jersey City and convert them into 180,777 square feet of studio space.
Jamie Fleming, CEO of Seattle-based Altoura, is providing his company's software licenses for free and discounting its design services due to the very real dangers and pain COVID-19 has caused in his own back yard.
With this unprecedented global economic shakeup, Industrial Science Renaissance/IndSR is allowing brokerages and agents free use of its CRM platform, Foundry, for the remainder of 2020.
Real estate owner and developer BEB Capital has formed a new division offering bridge loans to meet the growing demand for last-mile distribution services. The new division will make loans on small to mid-sized assets on the East Coast, where BEB Capital operates.
One of the few newly constructed buildings in Sugar Land Business Park, Sugar Land Crossroads is to include two buildings designed for tenants ranging from 28,000 square feet to 326,792 square feet.
"This suggests the average lease-up time for new speculative product following delivery in Chicago's industrial market is longer than other markets. This lease-up time will likely be extended further by the Coronavirus pandemic and ensuing economic response," Colliers states.
In this EXCLUSIVE, Randy Wood recently shared some insights on how COVID-19 is impacting the industrial market, trends in industrial leasing, the status of inventory and tenant space requests.