Industrial

Ryan Companies and DWS Group break ground on a 534,000-square-foot industrial logistics facility in Poway.

Broadrange Logistics has concentrated its efforts on its warehousing, distribution and reverse logistics capabilities.

Wage tax collections have steadily increased by 2.5% per year and have not been affected by the PBT, for 24 industries potentially affected by the tax, including supermarkets.

The first class of students graduated from the program on May 9, as part of the inaugural cohort of "Propel by Prologis." Prologis plans to continue CWI programming in Chicago later this year, the company reports.

Phase II will add a 565,000-square-foot cross-dock facility and is expandable by an additional 100,000 square feet.

He initially joined the New Jersey office of Marcus & Millichap Capital Corporation in January of 2012 as an associate director.

The industrial developer sells a 1.5 million-square-foot industrial facility for $213.4 million and a 3.68% cap rate.

The firm, which received $18 million in new funding earlier this year, reports that it plans to centralize its US-based workforce in Chicago at the mHUB building at 965 W. Chicago Ave.