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.
JLL has agreed to acquire Peloton Commercial Real Estate, a leasing and property management firm based in Texas, bringing more than 130 Peloton professionals to JLL.
NAI Partners' Investment Fund has officially closed on its first Fund III acquisition, Point West Business Park, a 146,000-square-foot flex industrial park located south of the Westchase District in Houston.
Keeping the form simple allowed for tilt-wall construction of the tall warehouse space and two-story office space, which proved to be more cost effective for McMillan James Equipment's headquarters.
Wharton Industrial and Walton Street plan to invest upwards of $10 million to completely transform the site, which it will rebrand as "SoPhi (pronounced, Sōfee) Logistics Center."
Last year, Amazon, ULTA Beauty and The Gap completed or announced large e-commerce fulfillment center projects in Fresno representing a $410 million total investment projected to add 3,657 new jobs.