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.
There is strong investor demand for oil- and gas-related net lease assets in Oklahoma by coastal investors and in larger markets where investors are continuing to diversify holdings to chase additional yield.
Magic City Innovation District awaits final approval from the city, while seeking commercial tenants for the neighborhood with $12 million invested in rehabbed buildings thus far.
The Port Authority announced on Monday the completion of the ExpressRail Port Jersey facility, operated by GCT Bayonne – the final piece of the Port of New York and New Jersey's intermodal rail network spanning facilities in Elizabeth, Newark and Staten Island, NY.
The Fair Lawn location is RD Foods Americas' third New Jersey warehouse and will be used to distribute a variety of international, fresh and high-quality food ranging from seafood to fruits and vegetables.
The firm commenced construction earlier this month on the initial two speculative buildings of 436,800 square feet and 168,480 square feet at the Whiteland Exchange development, which are slated for delivery in the first quarter of 2020.
With more than 1.4 million square feet of net absorption during the 12 months trailing first quarter 2019, the Northwest industrial submarket remains a target for institutional investment, i.e., Kempwood Tech Center.
More than 19 million tons of waterborne cargo moves through the Port of Chicago each year, the most of any port on the Great Lakes, according to the IIPD.