Industrial

A last-mile logistics facility with fully leased to a transportation company has traded hands in Phoenix.

The opening of the Conn's HomePlus Lakeland distribution center in August 2020 will create approximately 50 new full-time jobs, with an estimated 720 additional statewide jobs generated as the retail showrooms open.

According to Stan Johnson's Lanie Beck, industrial is an exciting sector with every subset from manufacturing to bulk warehouse to last-mile fulfillment and distribution playing their part.

The investor buys a 200,000-square-foot facility in El Segundo in the markets' historic aerospace research and manufacturing hub.

The park is in close proximity to George Bush Intercontinental Airport, Interstate 45 and Interstate 59 and its vacant spaces have grade-level, semi-dock and/or dock-high loading.

We are unifying our three products to make it easier than ever to get the key market insights and breaking news you need to stay ahead of the competition.

The New Jersey companies that participate in the initiative will gain access to international partners and to research and development funds from an Israeli company and the Israel Innovation Authority.

The seven new spec buildings were delivered 78% vacant, adding 2.6 million square feet of new vacant space to the big box market.